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Genetically Modified Fruits Market 2023- Market Key Players, Demand, Analysis, Growth Trends, And Forecast To 2032
Genetically Modified Fruits Market Analysis
Genetically Modified Fruits Market Size, Growth Rate, And Forecast
The global genetically modified fruits market size is expected to grow from $0.06 billion in 2022 to $0.07 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The g global genetically modified fruits market size is expected to grow to $0.10 billion in 2027 at a CAGR of 10.8%.
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Genetically Modified Fruits Market Drivers
The constantly developing global food demand is significantly contributing to the growth of genetically modified fruits. The global food demand is increasing mainly due to rising population, and the deterioration of natural resources. Food security for the expanding population must be ensured by sustainable food production methods. Due to weather restrictions and insect pests, most nations must import their food supplies, making food security appear challenging. However, the process of obtaining food security will be made easier by genetically modified crops' resilience to climatic stress and increased yields.
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Genetically Modified Fruits Market Segments
1) By Type: Vegetables, Crops, Fruits, Animal Products
2) By Trait: Herbicide Tolerance (HR), Insect Resistance (IR), Stacked Traits (ST)
3) By Application: Poultry, Swine, Cattle, Dairy, Aquaculture, Pet food, Equine, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the genetically modified fruits market.
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Genetically Modified Fruits Market Key Players
Major competitors in the genetically modified fruits market include BASF SE, Bayer AG, Syngenta Crop Protection AG, Sakata Seed America, DuPont de Nemours Inc., Groupe Limagrain Holding, KWS SAAT SE & Co. KGaA.
The Business Research Company's "Global Genetically Modified Fruits Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Genetically Modified Fruits Market Include:
1. Executive Summary
2. Genetically Modified Fruits Market Characteristics
3. Genetically Modified Fruits Market Trends And Strategies
4. Genetically Modified Fruits Market - Macro Economic Scenario
5. Genetically Modified Fruits Market Size And Growth
.....
26. Africa Genetically Modified Fruits Market
27. Genetically Modified Fruits Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Genetically Modified Fruits Market
29. Genetically Modified Fruits Market Future Outlook and Potential Analysis
30. Appendix
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