Genetically Modified Feed Market Expected to Hit USD 94.3 Billion by 2031: Bayer AG, Syngenta, DuPont, Dow.

DataM Intelligence has released a new research report on the Genetically Modified Feed market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

The Global Genetically Modified Feed Market reached USD 61.5 billion in 2023 and is expected to reach USD 94.3 billion by 2031 growing with a CAGR of 5.5% during the forecast period 2024-2031.

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The Genetically Modified (GM) Feed market involves the production and use of animal feed that has been genetically engineered to enhance nutritional content, improve feed efficiency, and provide resistance to pests and diseases. GM feed often includes ingredients like corn, soybeans, and canola that have been modified for higher yields and better digestibility. The market is driven by the rising global demand for animal protein, the need for sustainable agricultural practices, and the benefits of GM crops in reducing reliance on chemical pesticides. Additionally, increasing awareness of animal health and nutrition, along with regulatory developments supporting the use of GM feed, contribute to the growth of this market, as livestock producers seek cost-effective and efficient feeding solutions to enhance productivity and sustainability.

List of the Key Players in the Genetically Modified Feed Market:

Bayer AG, Syngenta, DuPont, Dow, Monsanto, BASF, Corteva Agriscience, J.R. Simplot Company, Okanagan Specialty Fruits Inc., and KWS SAAT SE & Co.

Key Developments:

On February 15, 2022, farmers in Maharashtra reignited their pro-GM crop movement, advocating for genetically modified crops. Since 2019, many farmers have been actively sowing and cultivating Bt cotton (HTBt) and Bt brinjal, and this renewed effort aims to further support the adoption of GM crops in the region.

Just two days later, on February 17, 2022, the USDA rolled out new labeling requirements for genetically modified foods. The National Bioengineered Food Disclosure Standard is now in effect, requiring food manufacturers, importers, and certain retailers to label products that have undergone genetic modification. Under this standard, the term "bioengineered foods" is used in place of the more commonly known "GMO."

On July 13, 2022, poultry and livestock breeders in Karnataka reported a rising demand for GM crop feeds. More than 90 industry players convened to discuss the benefits of GM feed and its potential positive impact on meat production in India, highlighting the growing acceptance of genetically modified ingredients in the agricultural sector.

Research Process:

Both primary and secondary data sources have been used in the global Genetically Modified Feed Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Genetically Modified Feed Market:

By Type: Corn, Soybean, Canola, Cottonseed, Alfalfa, Fruits & Vegetables, Others.

By Form: Pellets, Crumble, Mash, Meal/Cake.

By Feed Type: Roughages, Concentrates.

By Application: Poultry, Swine, Cattle, Aquaculture, Pet Food, Others.

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Genetically Modified Feed market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Genetically Modified Feed Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Genetically Modified Feed market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Genetically Modified Feed Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Genetically Modified Feed market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Genetically Modified Feed market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Genetically Modified Feed market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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