Genetically Modified (GMO) Food Market Growth, Trends, Revenue, Size, Future Plans And Forecast 2030

Published: 2024-08-01
Views: 65
Author: kadambarimmr
Published in: Food & Drinks

The production of genetically modified foods lowers the need for pesticides, and the market for genetically modified foods is growing at a rapid rate thanks to rising investments in biotechnology research and development.

Forecast Increase in Revenue:

The Genetically Modified (GMO) Food Market was valued US$ 126.06 Mn and is projected to reach US$ 153.78 Mn by 2030 at a CAGR of 2.88 % during the forecast period.

Genetically Modified (GMO) Food Market Overview:

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Genetically Modified (GMO) Food Market Scope and Methodology:

This research provides a thorough analysis of the Genetically Modified (GMO) Food Market with the goal of revealing important information for tactical decision-making. The comprehensive analysis in this file looks at market characteristics, dynamics, and important points to help clients expand their successful Genetically Modified (GMO) Food Market strategies and recognize opportunities. Qualitative and quantitative records are meticulously gathered and examined by making use of all primary and secondary data resources. Large-scale findings are revealed during preliminary discussions with enterprise experts. These findings are further supported by other sources such as financial reports, white papers, and press releases. The report explains factors that are driving, limiting, and constricting the healthcare chatbot market as well as opportunities that are worth investigating.

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Genetically Modified (GMO) Food Market Segmentation:

by Type

Vegetables
Crops
Animal products
Fruits

by Crop

Corn
Soya Bean
Canola
Sugar Beet
Cotton
Other Crops

by Trait

Herbicide Tolerance (HR)
Insect Resistance (IR)
Stacked Traits (ST)

Conclusion: 

The global Genetically Modified (GMO) Food Market, valued at USD 126.06 million in 2024, is projected to grow to USD 153.78 million by 2030, driven by rising population demands for nutritious food, advances in biotechnology, and increased investments in genetic engineering. Despite challenges such as regulatory constraints, environmental concerns, and varying consumer perceptions, the market's growth is fueled by dominant segments like corn, soy, and stacked traits, with North America leading in production and Asia Pacific showing the highest growth potential. Strategic insights into market dynamics, regional trends, and competitive landscapes will aid stakeholders in navigating this evolving sector effectively.

Genetically Modified (GMO) Food Market Key Players:

1. BASF SE
2. Bayer AG
3. Syngenta AG
4. Monsanto
5. KWS SAAT SE
6. Sakata Japan
7. DuPont US
8. Groupe Limagrain France
9. Dow Chemical Company
10. KWS SAAT SE
11. Dalmia Continental Pvt. Ltd
12. Jivo Wellness Pvt. Ltd.
13. Ambar Protien Industries
14. Vimal Oil & Foods Ltd.
15. ACH Food Companies Inc

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Genetically Modified (GMO) Food Market Regional Insights:

The Genetically Modified (GMO) Food Market is divided into several regions, including Latin America, the Middle East, Africa, North America, Europe, and Asia Pacific. The market size, boom rates, and import-export dynamics within each location are just a few of the important factors that are thoroughly examined in this local evaluation. The report's Regional Analysis section provides unique insights into the status of the Genetically Modified (GMO) Food Market in different international regions by highlighting local trends, competitive environments, and regulatory frameworks.

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