The bioengineered food market was valued at US$ 31.23 Bn in 2018, and is expected to reach US$ 62.43 Bn by the end of 2027, exhibiting a CAGR of 8.0% during the forecast period (2019 to 2027).
The rising demand for bioengineered crops is expected to boost growth of the bioengineered food market across the globe. Bioengineered crops are plants used in agriculture wherein the DNA has been modified by using bioengineering techniques. Bioengineering is the technique of simple addition, manipulation, or deletion of a single trait in an organism to create a desired change.
Coherent Market Insights has publicized the addition of a new market intelligence report, Titled Global Bioengineered Food Market. The report gives an elaboration on the key drivers, restraints, emerging trends, opportunities, prominent business, and recent technological progress. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share, and contact information are shared in this report analysis.
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Some of the key players profiled in the Bioengineered Food Market includes: Bayer AG, BASF SE, Syngenta AG, The Dow Chemical Company, DuPont de Nemours, Inc., Sakata, Groupe Limagrain
What You Can Expect From Our Report:
- Total Addressable Market [Present Market Size forecasted to 2027 with CAGR]
- Regional level split [North America, Europe, Asia Pacific, South America, and Middle East & Africa]
- Country-wise Market Size Split [Important countries with major market share]
- Market Size Breakdown by Product/ Service Types – [ ]
- Market Size by Application/Industry verticals/ End Users – [ ]
- Market Share and Revenue/Sales of 10-15 Leading Players in the Market
- Production Capacity of Leading Players whenever applicable
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Pricing Trend Analysis – Average pricing across regions
- Brand wise Ranking of Major Market Players globally
The expansion of the food industry is expected to drive growth of the bioengineered food market across the globe. Demand for bioengineered food in the food industry is also increasing which is contributing to the market growth. According to India Brand Equity Foundation (IBEF), the food industry in India was valued at US$ 39.71 billion in 2017, which increased to US$ 65.4 billion in 2018 witnessing CAGR of 11%.
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We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global Bioengineered Food market. Furthermore, the report offers two separate market forecasts – one for the production side and another for the consumption side of the global Bioengineered Food market. It also provides useful recommendations for new as well as established players in this market.
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