Forecast: Production Value of Biotechnology Research and Experimental Development in Germany

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.