Rosselkhozbank predicts the growth of the biotechnology market in Russia up to 700 billion rubles by 2028, thanks to increased crop yields and reduced production costs.

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Rosselkhozbank predicts the growth of the biotechnology market in Russia up to 700 billion rubles by 2028, thanks to increased crop yields and reduced production costs.

Rosselkhozbank's CEA forecast: the biotechnology market in Russia will reach 4.2 million tons and 700 billion rubles by 2028. Agriculture in 2021 amounted to 149 billion rubles, with an expected growth to 190 billion rubles by 2028. Biotechnologies are used to reduce production costs and increase crop yields.

National projects include the development of breeding, production of veterinary drugs, and support for the agro-industry.

15 May 2025

According to the forecasts of the Industry Analysis Center of Rosselkhozbank (Center for Analysis and Research in Agribusiness RSXH), the biotechnology market volume is expected to exceed 4.2 million tons by 2028, equivalent to 700 billion rubles. The agricultural sector currently holds 26% of the Russian market, amounting to 149 billion rubles, and by 2028, the share of this sector is projected to increase to 190 billion rubles. Additionally, it is expected that related industries may also receive additional benefits exceeding these estimates, as reported by Rosselkhozbank representatives to the magazine "Agroinvestor."

The Center for Analysis and Research in Agribusiness RSXH highlights three main directions for the development of biotechnologies in the agro-industrial complex over the next three years: the development and application of crucial enzyme preparations, food and feed additives, and technological tools; the production of veterinary medicines; the application of biotechnological methods for creating plants and animals with improved and/or established characteristics.

"In recent years, the application of biotechnologies in the agro-industrial complex has significantly expanded due to the cost reduction of microbial synthesis several times, ultimately contributing to the decrease in production costs," - experts from the Center for Analysis and Research in Agribusiness RSXH report.

This also leads to increased production efficiency through higher crop yields of varieties and hybrids, the use of biological fertilizers, and reduced losses during product transportation and storage. The shift from chemical substitutes to biological preparations allows farmers to grow organic products.

In the Russian biotechnology market, the main product categories include: products based on microbial biomass, cell cultures and their derivatives, microbial metabolites, and products of microbial synthesis and processing of biological raw materials, including biocatalysts. Biotechnologies are used to create food ingredients that impart new properties to products, such as enrichment with vitamins, trace elements, and prebiotics. Experts from the Center for Analysis and Research in Agribusiness RSXH also mention that microorganisms can be used to produce new food products, such as lactose-free milk, sweet proteins, and cell-based meat.

This year, the national project "Technological Support for Food Security" has been launched, which is part of the government's extensive plan to achieve national development goals by 2030 and in the long term by 2036. The national project includes five federal projects on breeding and genetics, biotechnology development, production of veterinary drugs and vaccines, providing the agro-industry with agricultural machinery and equipment, as well as personnel. Additionally, in April, the government announced the completion of preparations for a new national project "Technological Support for the Bioeconomy," which will cover advanced solutions in biotechnologies, renewable bioresources, and the creation of new materials. This project will be multi-aspect and will create a foundation for the development of several industries, including chemistry, food industry, energy, medicine, ecology, and agriculture.

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