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Food Biotechnology Market Size, Industry Trends, Share and Forecast 2019-2025

Food biotechnology market is projected to grow at a considerable CAGR of over 10% during the forecast period (2019-2025). The increasing advancement in new technologies for developing new products through gene alteration of various plants, microbes, and animals is anticipated to be a major factor to drive the market growth.

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Food Biotechnology Market Size, Industry Trends, Share and Forecast 2019-2025

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  1. Orion Market Research Food Biotechnology Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Food Biotechnology Market: https://www.omrglobal.com/request- sample/food-biotechnology-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. The global food biotechnology market is anticipated to grow at a significant rate during the forecast period (2019-2025). The growing adoption of genetically modified (GM) crops across the globe is driving the growth of the food biotechnology market. GM crops are referred to as the crops in which the genetic material such as DNA is altered using genetically engineered methods. An individual gene that is modified for the GM crop enhances the durability and nutritional value of the crop, in order to generate biologically robust crops. Bacillus thuringiensis (Bt) is one such bacteria that is used in the modification of genes in the crops such as corn. GM crops have their genetic material modified through biotechnologies, in order to develop enhanced characteristics in the crop, which includes herbicide tolerance, enhancement of certain nutrients, insect resistance, and drought tolerance. A full Report of Food Biotechnology Market is Available at: https://www.omrglobal.com/industry- reports/food-biotechnology-market Increasing the adoption of Bt corn can be regarded as the commercial introduction of novel ranges that are resistant to the corn earworm and the rootworm. Adoption rates for Bt corn often fluctuate, depending on damages created by the European corn borer and corn rootworm to the crops. Similarly, the adoption rates for Bt cotton majorly depend on the severity of bollworm, tobacco budworm, and pink bollworm as these cause damage to the crop.Research institutes and companies are focusing on the development of a number of GM crops or transgenic crops that would carry novel traits for commercial agriculture production. Some of the characteristics developed by the institutes and companies are inter alia, maize, pest-resistant cotton, canola, herbicide glyphosate-resistant soybean, viral disease-resistant potatoes, cotton, papaya, and squash. Request a Free Sample of our Food Biotechnology Market: https://www.omrglobal.com/request- sample/food-biotechnology-market The benefits of yielding GM crops include a reduction in the market risks, as it protects crops from unusual weather, insects, and harmful pesticides, in turn, produce greater yields. Moreover, there occurs a wide adoption of GM crops across the globe due to its various health and environmental benefits, which include multiple micronutrients in the same crop and reduces the use of herbicide and insecticide.The farmers have widely adopted genetically modified crops technology across the globe. According to the Food and Agriculture Organization (FAO), around 15 million hectares of the land are planted with GM crops across the globe and America constitutes the largest region in the production of GM crops.The reducing size of cultivable land is one of the major drivers for the implementation of genetically modified crops, as the crops can be speedily cultivated using GM techniques. Therefore, more farmers are adopting the plantation method of GM crops, in order to generate enormous yield, which in turn is anticipated to drive the global food biotechnology market. Global Food Biotechnology Market By Type • • Transgenic Biology Synthetic Biology By Application

  3. • • Plants Animals Global Food Biotechnology Market Segmentation by region North America • • United States Canada Europe • • • • • • UK Germany Italy Spain France Rest of Europe Asia-Pacific • • • • China Japan India Rest of the Asia-Pacific Rest of the World Company Profiles •ABS Global, Inc. •AquaBounty Technologies Inc. •Arcadia Biosciences, Inc. •BASF SE •Bayer AG •Certis U.S.A. LLC •Cibus Global, Ltd. •Corteva Agriscience (The Dow Chemical Co.) •DuPont de Nemours, Inc. •Hy-Line International •Evogene, Ltd. •Intertek group plc •KWS SAAT SE & Co. KGaA •Origin Agritech, Ltd.

  4. •Syngenta AG •Synthetic Genomics, Inc. •Vilmorin & Cie •Yield10 Bioscience, Inc. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/food-biotechnology-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404

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