United States Biofortification Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

Global Biofortifications Market reached US$ 110.2 million in 2022 and is expected to reach US$ 221.5 million by 2031, growing with a CAGR of 9.1% during the forecast period 2024-2031.

Recent Mergers and Acquisitions

United States: Recent Biofortification M&A Activities

✅ In April 2025, Syngenta announced the acquisition of a leading U.S.-based biofortification startup specializing in zinc-enriched wheat. This strategic move aims to enhance Syngenta's portfolio in nutrient-dense crops and expand its presence in North America's biofortification market.

✅ In June 2024, Bayer completed the acquisition of a U.S. biotechnology firm focused on developing iron-fortified rice varieties. The deal strengthens Bayer's capabilities in addressing micronutrient deficiencies through biofortified staple crops.

✅ In August 2024, Corteva Agriscience entered into a strategic partnership with a U.S. agritech company specializing in biofortified legumes. This collaboration aims to accelerate the development and distribution of biofortified pulses to combat protein-energy malnutrition.

Japan: Recent Biofortification M&A Activities

✅ In March 2025, Japan's Mitsubishi Corporation acquired a stake in a Southeast Asian biofortification company focused on developing vitamin A-enriched cassava. This investment aligns with Mitsubishi's strategy to promote sustainable agriculture and address nutritional deficiencies in the region.

✅ In July 2024, Japan's Sumitomo Chemical entered into a joint venture with a European biofortification firm to co-develop iron-fortified maize varieties. The partnership aims to leverage Sumitomo's agricultural expertise and the European firm's biofortification technologies.

✅ In May 2024, Japan's Otsuka Holdings announced the acquisition of a U.S.-based company specializing in biofortified sweet potatoes. The acquisition is part of Otsuka's strategy to diversify its product offerings and contribute to global nutrition improvement efforts.

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Biofortification is the process of enhancing the nutritional value of crops by increasing the content of essential vitamins and minerals such as iron, zinc, and vitamin A. Through conventional breeding, modern biotechnology, or agronomic practices, biofortified crops help address micronutrient deficiencies, improve public health, and promote food security, making them a sustainable solution for nutrition-sensitive agriculture.

Key Players:

HarvestPlus and International Rice Research Institute.

Growth Forecast Projected:

The Global Biofortifications Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Biofortifications 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.

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Key Segments:

By Crop: Sweet Potato, Cassava, Rice, Corn, Wheat, Beans, Pearl Millet, Others

By Targeted Nutrient: Iron, Zinc, Vitamins, Amino Acid, Others

By Gene Pool: Primary, Secondary, Tertiary

By Technique: Conventional Plant Breeding, Agronomy, Genetic Technology

Regional Analysis for Biofortifications Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Biofortifications producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Biofortifications revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Biofortifications Market?

A: In 2022, the Biofortifications Market was valued at US$ 110.2 million, reflecting its strong industry presence.

Q2: How large is the Biofortifications Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Biofortifications Market will grow to around US$ 221.5 million , demonstrating significant expansion.

Q3: What is the growth rate of the Biofortifications Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2024 to 2031.

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