Allied Market Research

2024

Food Biotechnology Market

Food Biotechnology Market Size, Share, Competitive Landscape and Trend Analysis Report by Product and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

FB : Food Ingredient

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Author's: | Roshan Deshmukh
Publish Date:

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Food biotechnology is the field of biotechnology, which is used to modify genes of animals, plants, and microorganisms to create genetically modified products having high nutrition related properties. Genetically advanced products have benefitted farmers, producers, and consumers by increasing their yield and improving the quality of crops, which in turn is expected to drive the market.

The global food biotechnology market is driven by growth in demand for food and improved agricultural productivity. Moreover, increased government funding for R&D in food biotechnology is expected to boost the market growth. In addition, technological advancements have assisted in increasing the yield of crops along with improving shelf life, nutritional value, and pest resistance attribute. However, ethical issues associated with the production of genetically modified crops and the long research period restrain the market growth. Furthermore, increased funding from private & government sectors and growth in mergers between regional & international players are expected to fuel the market growth in the near future.

The report segments the global food biotechnology market on the basis of product and region. On the basis of product, it is divided into transgenic crops and synthetic biology derived products. The market is analyzed on the basis of region across North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

The key players profiled in the report include Bayer AG, Certis USA LLC., E. I. du Pont de Nemours and Company, Evogene Ltd., KWS SAAT SE, Monsanto Company, Syngenta AG, The Dow Chemical Company, and Vilmorin & Cie.

Key Benefits

  • The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
  • Key players are profiled and their strategies are analysed thoroughly to understand the competitive outlook of the global market.
  • The report offers a quantitative analysis¬†to enable the stakeholders to capitalize on the prevailing market opportunities.
  • Exhaustive analysis of the global market helps to understand the genetically modified products that are used and the variants that are expected to gain prominence in the near future.

Food Biotechnology Market Report Highlights

Aspects Details
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By Product
  • Transgenic Crops
  • Synthetic Biology Derived Products
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By Application
  • Animals
  • Plants
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Evogene Ltd., Monsanto Company, E. I. du Pont de Nemours and Company, Bayer AG, The Dow Chemical Company, Vilmorin & Cie., BASF SE, Certis USA LLC., KWS SAAT SE, Syngenta AG

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Food Biotechnology Market

Global Opportunity Analysis and Industry Forecast, 2023-2032