Biofortification Market and Projected to Reach US$ 118 Million Growing at CAGR 8.6% to 2023

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Top Key Players in this “Biofortification Market”report
• Syngenta
• DowDuPont
• Bayer
• BASF
• Monsanto
• Charles River
• LemnaTec
• Intertek
• Agro BioSciences Inc.

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The Biofortification Market is estimated at US$ 78 Million in 2018,and projected to grow at a CAGR of 8.6%, to reach US$ 118 Million by 2023. The growth of the biofortification market is driven by the rise in funds for agronomic practices and technological advancements. A key driver for the market’s growth is the increasing use of high nutritional content in foods due to increasing consumer awareness about healthy diets. Africa is projected to be the fastest-growing regional market.

Based on target nutrient, the vitamins segment is expected to be the fastest-growing during the forecast period. Growth in demand for functional and enriched processed food products, prevalence of vitamin deficiencies, and feed fortification due to the rise in global meat and dairy product consumption are some of the driving factors for the biofortification market.

Reasons to buy this report
• To get a comprehensive overview of the biofortification market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the biofortification market is gaining popularity

Complete report on Biofortification Market spread across 101 pages, profiling 09 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1798363

Research Coverage:
The report segments the biofortification market on the basis of target nutrient, crop, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Report Objectives
• To define, segment, and project the global market size for biofortification

• To understand the structure of the biofortification market by identifying its various subsegments

• To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

• To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market

• To analyze the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements

• To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)

• To profile key players and comprehensively analyze their core competencies

• To understand the competitive landscape and identify major growth strategies adopted by players across key regions

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