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Genetically Modified Animal Products Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Genetically Modified Animal Products Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Genetically Modified Animal Products Market Size and Its Estimated Growth Rate?
In recent times, the genetically modified animal products market has seen quick growth. It is projected to see a jump from $0.04 billion in 2024 to $0.04 billion in 2025, with a compound annual growth rate (CAGR) of 12.2%. The growth experienced in the past can be credited to a surge in food demand, better livestock productivity, nutritional improvements, lessened environmental effects, and superior feed conversion.
Over the forthcoming years, the genetically modified animal products market size is predicted to experience swift expansion. The projection is that by 2029, the market will develop to a value of $0.07 billion, growing at a compound annual growth rate of 12.7%. The projected progression within the forecast span is linked to factors like the mitigation of climate change, a focus on sustainable farming practices, enhanced disease resistance, regulatory backing, and biopharmaceutical production. Noteworthy trends within the forecast duration include investigations into functional foods, genetically modified aquatic species, nutritional enhancement, ethical considerations, animal welfare, and worldwide research partnerships.
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What Are the High-Growth Segments in the Genetically Modified Animal Products Market?
The genetically modified animal products market covered in this report is segmented -
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)
Subsegments:
1) By Pellets: Nutrient-Dense Pellets, Controlled-Release Pellets
2) By Crumble: Starter Crumbles, Grower Crumbles
3) By Mash: Complete Feed Mash, Supplement Mash
4) By Meal Or Cake: Protein Meal, Oil Cake
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What Key Drivers Are Expected to Influence Future Genetically Modified Animal Products Market Growth?
The augmented production of food using bioengineering methods plays a major role in driving the expansion of the genetically modified animal products market. Bioengineering application in food production involves genetically modifying an organism to enhance certain attributes like yielding more produce or developing resistance against pests. It's extensively used to elevate the potential of food crops like corn and soybeans, and animals like cows and chickens that are reared for food. Considering the escalating global population and the heightened demand for food, bioengineered foods seem to be a viable solution to cater to these needs, while also addressing pressing issues like food security and sustainability. According to an article published in 2022 by the United States Department of Agriculture - the regulatory body for matters related to agriculture in the U.S., it was inferred that currently, over 90% of corn, upland cotton, and soybeans cultivated in the U.S. are genetically modified. These Genetically Engineered (GE) crops are categorized as herbicide-tolerant (HT), insect-resistant (BT), or stacked varieties encapsulating both HT and BT features. Hence, the burgeoning bioengineered food production significantly bolsters the gowth of the genetically modified animal products market.
Which Companies Hold the Largest Share Across Different Genetically Modified Animal Products Market Segments?
Major companies operating in the genetically modified animal products market include Bayer AG, Syngenta AG, Pioneer Hi-Bred International Inc., Dow Inc., Monsanto Company, BASF SE, Corteva Inc., J.R. Simplot Company, Okanagan Specialty Fruits Inc., Klein Wanzlebener Saatzucht SE & Co. KGaA, Stine Seed Company, Biocytogen Pharmaceuticals (Beijing) Co. Ltd., Sakata Seed America Inc., AquaBounty Technologies Inc., Genus plc, Recombinetics Inc., Trans Ova Genetics LC, Revivicor Inc., ViaGen Pets, Taconic Biosciences Inc.
What Trends Are Driving Growth in The Genetically Modified Animal Products Market?
Emerging as a rising trend in the market for genetically modified animal products, product innovations are being heavily pursued. To enhance their standing within the market, prominent corporations in the genetically modified animal products sector are launching unique, state-of-the-art genetically modified animals and goods. Case in point, Washington State University (WSU), a well-known US research entity, publicized in May 2023 that the US Food and Drug Administration (FDA) had given the green light for consumption of German-style sausages produced from gene-edited pigs. These pigs were modified with the use of CRISPR technology to act as replacement sires, thus facilitating the conveyance of chosen genetic characteristics to successive livestock lineages. This endorsement underscores the promise of gene editing in boosting the quality of meat and hardiness of livestock, whilst demonstrating a considerable progression in university-propelled breakthroughs in the realm of food safety and biotechnology.
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What Are the Emerging Geographies for The Genetically Modified Animal Products Market Growth?
North America was the largest region in the genetically modified animal products market in 2024. The regions covered in the genetically modified animal products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Genetically Modified Animal Products Market?
2. What is the CAGR expected in the Genetically Modified Animal Products Market?
3. What Are the Key Innovations Transforming the Genetically Modified Animal Products Industry?
4. Which Region Is Leading the Genetically Modified Animal Products Market?
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