Steady Expansion Forecast for Bioengineered Food Market, Projected to Reach $57.5 Billion by 2029

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Bioengineered Food Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The volume of the bioengineered food market has expanded at a swift pace in recent years. It is expected to rise from $34.53 billion in 2024 to $38.32 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 11.0%. The increase over the previous period is associated with the shift in consumer preference towards nutrient-dense functional food, a surge in the global population, an increasing sense of food security, climate change adaptations, and a rising demand for food production.

Bioengineered Food Market Size Forecast: What's the Projected Valuation by 2029?
The market size for bio-engineered food is predicted to experience a swift expansion in the coming years. The increase to $57.51 billion in 2029, at a 10.7% compound annual growth rate (CAGR), is expected. The upsurge during the forecast period can be credited to the escalating demand for eco-friendly farming methods, influx of investment in research and enhancement, swelling food demand, an increase in the request for bio-engineered crops, and improved yield output. Major trends within the forecast period encompass advancements in genetic engineering and biotech, continuous research and developmental activities, innovative crop production techniques, progress in the creation of bio-engineered foods, and Artificial Intelligence (AI)-based design and streamlining.

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What Are the Drivers Transforming the Bioengineered Food Market?
The uptick in the need for ecologically viable farming methodologies is anticipated to stimulate an expansion in the bioengineered food market. Such methodologies incorporate agricultural techniques that satisfy current nutritional and textile needs without jeopardizing future generations. This heightened need transpires due to escalating concerns over ecological degradation, the imperative to conserve biodiversity, and the impetus for food security in the face of climate-related challenges. Eco-friendly, efficient, and resource-wise food production methods are encouraged by environmentally sustainable agricultural practices which in turn, bolster the application of bioengineered food. For example, the UK's Department for Environment, Food, and Rural Affairs reported in May 2023 that 509 thousand hectares of the UK's land was organically farmed the previous year, showing a slight increase of 0.4% from the earlier year. Hence, it can be inferred that the surge in demand for sustainable farming practices is fostering the progress of the bioengineered food market.

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What Long-Term Trends Will Define the Future of the Bioengineered Food Market?
Foremost corporations in the bioengineered food sector are committed to producing advanced products such as transgenic insect-resistant food to enhance crop yield while fostering sustainable farming. The concept of transgenic insect-resistant food revolves around genetically modifying crops to include genes that offer resistance to insect pests, reducing reliance on chemical insecticides, improving crop safeguard, and escalating yield by strengthening plants' resistance to pests. For example, in January 2024, the Nigerian Federal Government approved the commercial introduction of TELA maize varieties. These varieties, inclusive of SAMMAZ 72T, SAMMAZ 73T, SAMMAZ 74T, and SAMMAZ 75T, are designed to withstand significant pests like stemborer and fall armyworm. Given their drought-resistant feature, they are perfect for areas with variable rainfall. Under optimal conditions, they can produce up to 10 tons per hectare, exceeding the national average of 6 tons for comparable hybrids. They are versatile and can adapt to rain forests, guinea, and Sudan savannas, targeting the reduction of maize production deficits caused by pests. This innovative breakthrough can potentially save millions of metric tons of maize, contributing to food security across Africa.

Which Segments in the Bioengineered Food Market Offer the Most Profit Potential?
The bioengineered foodmarket covered in this report is segmented -

1) By Product Type: Vegetables, Fruits, Crops, Other Product Types
2) By Type Of Modification: Cellular Agriculture, Genetic Modification
3) By Technology: Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR), Tissue Culture
4) By Trait: Disease Resistance, Herbicide Tolerance, Insect Resistance, Nutritional Enhancement
5) By Application: Food And Beverage, Animal Feed, Pharmaceuticals, Other Applications

Subsegments:
1) By Vegetables: Genetically Modified (GM) Tomatoes, GM Corn, GM Potatoes, GM Peppers
2) By Fruits: GM Apples, GM Bananas, GM Strawberries
3) By Crops: GM Soybeans, GM Cotton, GM Rice, GM Canola
3) By Other Product Types: Bioengineered Meat, Bioengineered Dairy Products, Bioengineered Grains

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Which Firms Dominate the Bioengineered Food Market by Market Share and Revenue in 2025?
Major companies operating in the bioengineered food marker are PepsiCo Inc., BASF SE, Unilever PLC, Bayer AG, Syngenta AG, General Mills Inc., Corteva Agriscience, DuPont de Nemours Inc., J.R. Simplot Corp., K&L Gates LLP , Sakata Seed Corporation, International Rice Research Institute, Rothamsted Research, Brattleboro Food Co-op., Okanagan Specialty Fruits Inc., GreenVenus LLC, AquaBounty Technologies Inc., Calyxt Inc., Nuseed Global, Norfolk Healthy Produce

Which Regions Offer the Highest Growth Potential in the Bioengineered Food Market?
North America was the largest region in the bioengineered food market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bioengineered food marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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