Japan has a severe shortage of arable land, covering only 11.3% of Japan’s total territory. The country’s self-sufficiency rate currently stands at 39%.
Japan has a severe shortage of arable land, covering only 11.3% of Japan’s total territory. The country’s self-sufficiency rate currently stands at 39%.
With an ever-increasing number of bio-ventures and the establishment of a new ecosystem in the Japanese biotech field, this sector offers many opportunities for European SME companies.
The Japanese government and researchers are investing in agricultural technology as a way to increase productivity, improve quality and availability, lower costs, and use less resources.
In 2020, the Japanese agricultural biotechnology market was valued at about 615 billion yen. Japan remains one of the world’s largest per-capita importers of food and feed produced using modern biotechnologies.
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