Press release
Genetically Modified Feed Market 2024: Latest Trends and Future Opportunities Analysis to 2031
Genetically Modified Feed Market
"Genetically Modified Feed Market" in terms of revenue was estimated to be worth $95.29 billion in 2023 and is poised to reach $157.71 billion by 2031, growing at a CAGR of 6.69% from 2024 to 2031 according to a new report by InsightAce Analytic.
Get Free Sample Report @ [https://www.insightaceanalytic.com/request-sample/1463]
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Genetically Modified Feed Market are:
* Increasing demand for enhanced livestock productivity
* Rising awareness about the benefits of genetically modified feed
* Advancements in biotechnology
The following are the primary obstacles to the Genetically Modified Feed Market's expansion:
* Including stringent regulatory frameworks
* Consumer skepticism regarding genetically modified organisms
* Concerns about potential environmental impact
Future expansion opportunities for the global Genetically Modified Feed Market include:
* Environmental sustainability
* Enhanced feed efficiency
* Improved nutrient content
Market Analysis:
The Genetically Modified Feed Market involves the production and sale of animal feed derived from genetically modified organisms (GMOs). These modified feeds are designed to enhance nutritional content, improve animal health, and increase overall agricultural productivity. The market plays a crucial role in modern livestock and poultry farming practices.
List of Prominent Players in the Genetically Modified Feed Market:
* Bayer AG,
* Syngenta,
* DuPont,
* Dow,
* Monsanto,
* BASF,
* Corteva Agriscience,
* R. Simplot Company,
* Okanagan Specialty Fruits Inc
Genetically Modified Feed Market Report Scope:
Report Attribute
Specifications
Market size value in 2023
USD 95.29 billion
Revenue forecast in 2031
USD 157.71 billion
Growth rate CAGR
CAGR of 6.69% from 2024 to 2031
Quantitative units
Representation of revenue in US$ Million, and CAGR from 2024 to 2031
Historic Year
2019 to 2023
Forecast Year
2024-2031
Report coverage
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments covered
By Source, Application, Form, Feed Type
Regional scope
North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Recent Developments:
* In February 2022, Bayer AG, a German pharmaceutical and biotechnology company, announced its plans to launch its new genetically modified cotton seeds in India. It aimed to bring the high-yielding and herbicide-tolerant solution to the nation.
* In May 2022, Syngenta Switzerland launched VICTRATO, a novel seed treatment that targets damaging nematodes and diseases in crops. This, in turn, will help increase crop quality and yield.
Curious about this latest version of the report? @ [https://www.insightaceanalytic.com/enquiry-before-buying/1463]
Genetically Modified Feed Market Dynamics:
Market Drivers: Increasing Demand for Enhanced Livestock Productivity
The increasing demand for enhanced livestock productivity is a key driver for the Genetically Modified (GM) feed market. Genetically modified feed offers improved nutritional content, disease resistance, and growth efficiency, leading to enhanced livestock performance. Farmers and livestock producers are embracing GM feed to meet the growing global demand for animal products, such as meat, milk, and eggs. The genetic modifications in the feed contribute to higher yields, improved feed conversion ratios, and overall better animal health. As a result, the adoption of GM feed is driven by the imperative to achieve greater agricultural efficiency and address the escalating need for high-quality animal products in response to the increasing population and changing dietary preferences.
Challenges: Concerns about Potential Environmental Impact
The Genetically Modified (GM) feed market faces a significant restraint due to concerns about its potential environmental impact. Critics worry that the cultivation and use of GM crops for animal feed may lead to unintended consequences such as the development of superweeds, loss of biodiversity, and contamination of non-GM crops. Additionally, there are fears that the introduction of genetically modified organisms into the ecosystem could disrupt natural ecosystems and harm beneficial insects. These environmental apprehensions have prompted regulatory scrutiny and public skepticism, posing challenges to the widespread acceptance and adoption of GM feed in animal agriculture. Addressing these concerns is crucial for the sustainable development of the GM feed market.
North America Is Expected To Grow With The Highest CAGR During The Forecast Period
The North America Genetically Modified Feed Market is likely to register a significant revenue share and to develop at a rapid CAGR in the near future. This is due to the region's advanced agricultural practices and increasing demand for high-quality livestock products. The adoption of genetically modified feeds, designed for improved animal nutrition and productivity, has gained traction among farmers. The United States and Canada are key contributors to this market, leveraging biotechnology to enhance feed efficiency and animal health. Regulatory frameworks and consumer perceptions play crucial roles in shaping the industry landscape. As North America continues to embrace innovative agricultural technologies, the GM feed market is expected to maintain steady growth, contributing to the overall advancement of the livestock sector in the region.
Segmentation of Genetically Modified Feed Market-
By Source-
* Crops
* Corn
* Soybean
* Cottonseed
* Canola
* Alfalfa
* Others
* Fruits & Vegetables
* Papaya
* Potato
* Eggplant
* Others
By Form-
* Pellets
* Crumbles
* Mash
* Meal/Cake
By Feed Type-
* Roughages
* Concentrates
By Application-
* Poultry
* Layer
* Broiler
* Turkey
* Others
* Swine
* Grower
* Starter
* Sow
* Cattle
* Dairy
* Calf
* Others
* Aquaculture
* Carp
* Trout
* Salmon
* Shrimp
* Others
* Pet food
* Dogs
* Cats
* Birds
* Fish
* Equine
* Others
By Region-
North America-
* The US
* Canada
* Mexico
Europe-
* Germany
* The UK
* France
* Italy
* Spain
* Rest of Europe
Asia-Pacific-
* China
* Japan
* India
* South Korea
* South East Asia
* Rest of Asia Pacific
Latin America-
* Brazil
* Argentina
* Rest of Latin America
Middle East & Africa-
* GCC Countries
* South Africa
* Rest of Middle East and Africa
For More Customization @ [https://www.insightaceanalytic.com/customisation/1463]
Media Contact
Company Name: InsightAce Analytic Pvt. Ltd
Contact Person: Diana D'Souza
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=genetically-modified-feed-market-2024-latest-trends-and-future-opportunities-analysis-to-2031]
Country: United States
Website: https://www.insightaceanalytic.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Genetically Modified Feed Market 2024: Latest Trends and Future Opportunities Analysis to 2031 here
News-ID: 3454218 • Views: …
More Releases from ABNewswire
Oral Surgeon Huntington Beach Practice Elevates Standards for Patient Comfort an …
Huntington Beach oral surgery practice, The Wisdom Teeth Guru sets new patient care standards through specialized training, advanced sedation options, and efficient same-day treatment capabilities under Dr. Kiet Tran's leadership.
A Huntington Beach dental practice has gained recognition for transforming how patients experience oral surgery procedures. The Wisdom Teeth Guru [https://www.google.com/maps/place/The+Wisdom+Teeth+Guru/data=!4m2!3m1!1s0x0:0x98592ab69d239d3a?sa=X&ved=1t:2428&hl=en&ictx=111], led by Dr. Kiet Tran, has established new benchmarks in patient care through advanced techniques and a commitment to making…
Columbus Moving Services Expands as Moving Ahead Services Responds to Central Oh …
Moving Ahead Services expands coverage across 23 Central Ohio communities, offering flexible moving solutions with regulatory compliance and community partnerships that support both residential and commercial relocations.
The Central Ohio region continues to experience steady population growth, and Moving Ahead Services has positioned itself to address the increasing demand for professional relocation assistance. The expansion of Columbus moving services reflects the company's two decades of experience serving the area, with operations…
What Does a Full-Service Move Include? Moving Companies Report Surge in Demand f …
Greenville homeowners increasingly prefer comprehensive relocation packages that handle packing, furniture assembly, transportation, and setup. Professional services reduce stress and damage while streamlining transitions.
Homeowners and renters across Greenville are opting for comprehensive relocation packages as the complexity of modern moves continues to grow. Recent trends show that families and businesses alike are seeking moving companies for an end-to-end solution that eliminates the stress traditionally associated with changing addresses. This shift…
Local Garage Door Company Sees Surge in Emergency Repairs Following Extreme Temp …
AA Garage Door LLC reports increased emergency repairs across St. Paul as extreme cold causes cable failures and spring breaks. Technicians respond to urgent service needs throughout Twin Cities neighborhoods affected by harsh winter conditions.
Recent weather patterns across the St. Paul region have created unprecedented challenges for homeowners, with plummeting temperatures causing significant strain on residential overhead door systems. AA Garage Door LLC, a trusted garage door company [https://maps.google.com/maps?ll=44.91738,-93.190993&z=16&t=h&hl=en&gl=PH&mapclient=embed&cid=15111651982362415047&q=garage+door+company&oq=garage+door+company+near+me] serving…
More Releases for Genetically
Transformative Trends Impacting the Genetically Modified Vegetables Market Lands …
"Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Genetically Modified Vegetables Market Size By 2025?
The market size of genetically modified vegetables has seen a swift expansion in the past few years. The market is forecasted to increase from $0.12 billion in 2024 to $0.13 billion in 2025, experiencing a compound annual growth rate (CAGR) of 12.2%. The…
Genetically Modified Feed Market Cultivating a Stronger Future: The Expanding Ma …
Genetically Modified Feed Market to reach over USD 157.71 billion by the year 2031 - Exclusive Report by InsightAce Analytic.
"Genetically Modified Feed Market" in terms of revenue was estimated to be worth $95.29 billion in 2023 and is poised to reach $157.71 billion by 2031, growing at a CAGR of 6.69% from 2024 to 2031 according to a new report by InsightAce Analytic.
Get Free Sample Report @ https://www.insightaceanalytic.com/request-sample/1463
…
Synthetic Spider Silk Market Report 2018: Segmentation by Type (Genetically Modi …
Global Synthetic Spider Silk market research report provides company profile for Spiber, AMSilk, Bolt Threads, Kraig Biocraft Laboratories and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on…
United States Genetically Modified Seeds Market Report 2017
Summary
This report studies sales (consumption) of Genetically Modified Seeds in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering
Bayer CropScience
Dow
DuPont
Groupe Limagrain
Monsanto
Syngenta
BASF
DLF Seeds and Science
Kleinwanzlebener Saatzuch SAAT SE
Land O’Lakes
Sakata Seed
Takii Seed
Market Segment by States, covering
California
Texas
New York
Florida
Illinois
Split by product types, with sales, revenue, price, market share and growth rate of each type, can be divided into
Type I
Type II
Split by applications, this report…
Genetically Modified Organisms Market - Global Industry Analysis 2023
Any organism whose genetic material has been modified using genetic engineering technique in laboratory is referred as genetically modified organism (GMO). Genetic modification of genetic material is practiced for production of specific biological product or for expression of specific physiological traits in an organism. Genetically modified organisms are produced using reproductive cloning and recombinant deoxyribonucleic acid (DNA) technology. Transfer of entire donor nucleus into enucleated cytoplasm of host egg result…
Genetically Modified Organisms Market Value Chain Analysis 2020
Genetic engineering is the science for cloning or manipulating DNAs or genes to create new characteristic in organism or produce protein or hormone. Genetic engineering is mostly used for generating recombinant DNA and is done by inserting desired trait gene or by deletion or mutating gene in cell or virus known as vector. Genetically engineered plants, animals or microbes are called as genetically modified organisms.
Increased productivity due to genetically modified…
