Bioremediation Market Analysis and Growth Strategies: Riding the Current Trends
The global bioremediation market size was USD 13.82 Billion in 2022 and is expected to register a rapid revenue CAGR of 9.3% during the forecast period, according to latest analysis by Emergen Research. Rapid surges in environmental pollution and advancements made in the field of bioinformatics and biostatistics are key factors driving market revenue growth. Global environmental pollution has risen significantly in the recent times. A recent report released by India by Centre for Science and Environment states that 62% of the total land in Delhi was under degradation and around 30% if total geographical area of India is under degradation. There has been a significant increase in heavy metals on soil such as lead and mercury. The COVID-19 impact assessment included in this report makes it highly distinctive from other market reports of the same category. Researchers have drawn a major focus on the significant impact of the COVID-19 pandemic on the Bioremediation m...