The production value of Biotechnology Research and Experimental Development in Germany has seen significant fluctuations over the past decade, starting from €1.09 billion in 2013 and reaching €2.44 billion by 2023. From 2024 onwards, it is projected to grow steadily to €2.87 billion by 2028. The year-on-year variation in 2023 was 3.72%, indicating a relatively stable growth trajectory. The 5-year CAGR up to 2023 was -2.1%, but it is expected to improve to 2.53% over the next five years.
Future trends to watch for include:
- Increasing investment in biotechnology innovation and development.
- Potential impacts of regulatory changes and funding policies.
- The evolution of biotechnological applications in healthcare, agriculture, and environmental management.