New study finds Indiana’s agbioscience economy posted record growth since 2018, now topping $58 billion
INDIANAPOLIS (March 15, 2023) — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, released new research today that found Indiana’s agbioscience sector directly contributes more than $58 billion to Indiana’s economy – an increase of more than $6 billion since 2018. Conducted by TEConomy Partners, the study entitled Innovative Agbioscience in Indiana: 2022 Assessment, identified that the growth across Indiana’s agbioscience economy since 2018 marked the fastest-growing time for the industry since measurements to quantify it began in 2012. “The agbioscience economy is the only economy in the world that touches every person on the planet given it centers on food,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “The growth this research identifies represents the tremendous gains Indiana’s agbioscience innovators are advancing to meet global demand across food, animal health, plant science and agtech.” According to [...]