Genetically Modified Foods Market Trend Shows A Rapid Growth by 2027 - Key Player AquaBounty Technologies, BASF SE, Bayer AG, DOW-DUPONT and Limagrain

The Genetically Modified Foods Market to 2027 sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Genetically Modified Foods market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

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Genetically modified food(GM) or bioengineered food made by using the method of genetic engineering is the food produced from organisms. Genetic modification is the type of genetic technology which changes the living organism as an animal, plant, and microorganism. The genetically modified food is significantly growing in the market due to rise in demand of different age groups for its healthy and nutritinal products. Scientifically, the food which is derived from GM crops causes no greater risk to human health. There are different legal status running out in different countries; some nations are restricting while others are permitting for the genetically modified crops.

The genetically modified food market has witnessed significant growth in increasing the demand for crop yield. Furthermore, the production of genetically modified food has reduced the need for pesticides in the market. However, the toxic chemical that resides in genetically modified food harms soil fertility, whereas the consumption of modified food is against government regulations. Moreover, more advancement in genetic engineering in food and crops is increasing the demand in the market.

The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.

The Genetically Modified Foods market is segmented based on Type, Form and Applications. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.

Leading companies profiled in the report include:

1. AquaBounty Technologies, Inc.
2. BASF SE
3. Bayer AG
4. DOW-DUPONT
5. KWS SAAT SE and Co. KGaA
6. Limagrain
7. Monsanto Company
8. Okanagan Specialty Fruits Inc.
9. Sakata
10. Syngenta AG

The global genetically modified food market is segmented on the basis of types and application. On the basis of trait, the genetically modified food market is segmented into Herbicide Tolerance (HR), Insect Resistance (IR) and Stacked Traits (ST). On the basis of type, the genetically modified food market is segmented into vegetables, crops, animal products and fruits.

The report highlights key growth strategies adopted by these players of the Genetically Modified Foods industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

The report answers the following key aspects:

• Genetically Modified Foods Market size and growth rate in the forecast period.
• Existing market trends.
• Factors driving Genetically Modified Foods market growth.
• Future opportunities in the Global Genetically Modified Foods Market.
• Market initiatives by the leading vendors.
• PEST analysis across five major regions.

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This release was published on openPR.