The purpose of this chapter is to provide a brief overview of the spectrum of applications of plant biotechnology that are in current use or are under development in research labs around the world. Plant biotechnology, in the sense of the application of recombinant DNA techniques to crop improvement, or the production of valuable molecules in plants, is still a relatively new endeavour. Plants are already used as sources of an immense array of useful molecules. These, especially the starches, proteins and oils in seeds, are raw materials for most of our food and feedstuffs. Plants are also the major sources of fibre for building materials, clothing and paper. Many of our leading drugs were originally or still are derived from phytochemicals, e.g. aspirin or taxol. Therefore, the possibilities for improving current products and making new products by means of plant biotechnology are, in principle, almost limitless. It is considered by many scientists that the tools of plant biotechnology potentially offer humankind one of its most significant opportunities to manage the ever growing and ever changing demands for food, feed and fibre production, while also contributing to the sustainability of agriculture.