Food Biotechnology Market - Increased Government Funding For R&D in Food Biotechnology Is Expected To Boost the Market Growth
The global food and biotechnology market is dominated by increased food demand and improved agricultural productivity. It is expected that market growth will accelerate as the government subsidies for research and development of food biotechnology are increasing. Technological advances have also helped to increase crop yields with improved shelf life, nutritive value and pest resistance characteristics.
However, the ethical issues associated with the production of genetically modified crops and the lengthy research period inhibit market growth. It is also expected that increased private and government funding and merger growth between local and international companies will stimulate market growth in the near future.
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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
• Vilmorin & Cie.
The report categorizes global food biotechnology markets based on product and region. Products are divided into transgenic crops and synthetic biologically derived products. Asia Pacific (Japan, China, India, Australia, Korea and Asia Pacific), LAMEA (USA, Canada and Mexico), Europe (Germany, France, Brazil, Saudi Arabia, South Africa and the rest LAMEA).
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• 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 from 2016 to 2023 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.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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