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Genetically Modified Animal Products Market Size, Share, Trends, Growth, Countries And Industry Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Genetically Modified Animal Products Market Size, Growth Rate, And Forecast
The global genetically modified animal products market size is expected to grow from $0.03 billion in 2022 to $0.03 billion in 2023 at a compound annual growth rate (CAGR) of 13.16%. 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 global genetically modified animal products market size is expected to reach $0.05 billion in 2027 at a CAGR of 11.07%.
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Genetically Modified Animal Products Market Drivers
Increasing bioengineered food production is significantly contributing to the growth of the genetically modified animal products market. The use of bioengineering in food production refers to the manipulation of an organism's genetic makeup to produce desired traits, such as increased yield or resistance to pests. This technology can be used to improve food crops, such as corn and soybeans, as well as animals used for food, such as cows and chickens. With the increase in population and demand for food, bioengineered foods have been proposed as a solution to help meet this demand and address issues such as food security
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Genetically Modified Animal Products Market Segments
1) By Form: Pellets, Crumbles, Mash, Meal Or Cake
2) By Feed Type: Roughages, Concentrates
3) By Trait: Herbicide Tolerance (HR), Insect Resistance (IR), Stacked Traits (ST)
• 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 Animal Products Market.
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Genetically Modified Animal Products Market Key Players
Major competitors in the Genetically Modified Animal Products Market include Bayer AG, Syngenta AG, Pioneer Hi-Bred International Inc., Dow Inc., Monsanto, BASF SE, Corteva Inc., J.R. Simplot Company, Okanagan Specialty Fruits Inc., KWS SAAT SE & Co. KGaA and Stine Seed Company
The Business Research Company's "Global Genetically Modified Animal Products 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 Animal Products Market Include:
1. Executive Summary
2. Genetically Modified Animal Products Market Characteristics
3. Genetically Modified Animal Products Market Trends And Strategies
4. Genetically Modified Animal Products Market - Macro Economic Scenario
5. Genetically Modified Animal Products Market Size And Growth
......
26. Africa Genetically Modified Animal Products Market
27. Genetically Modified Animal Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Genetically Modified Animal Products Market
29. Genetically Modified Animal Products Market Future Outlook and Potential Analysis
30. Appendix
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