The GMO Soybean Biodiesel market is expected to grow at a 14.3% CAGR by 2031, driven by biotechnology and increased demand in North America.
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of GMO Soybean Biodiesel. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of GMO Soybean Biodiesel Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of GMO Soybean Biodiesel market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of GMO Soybean Biodiesel
This newly published and insightful report sheds light on Market Insights of GMO Soybean Biodiesel, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of GMO Soybean Biodiesel Market.
A new research study published by Fact.MR projects the global GMO soybean market to record an impressive 8.2% CAGR, in terms of volume, over the forecast period, 2017 to 2026. More than US$ 410,000 Mn worth of GMO soybean are poised to be sold across the globe by 2026-end.
Adoption of genetically modified organisms (GMO) soybean has surged considerably since the recent past, mainly because of their potential of alleviating hunger & poverty across the globe. Nevertheless, researchers from Food and Agriculture Program emphasize on detailed assessment of GMO soybean to realize their real impacts. Amount of arable land being used for production of GMO crops such as GMO soybean is surging, with the U.S., India, Brazil, Canada and Argentina being major producers. GMO soybean has its genetic materials engineered with the help of biotechnologies for incorporating enhanced characteristics such as enhancement of certain nutrients, insect resistance, herbicide tolerance and drought tolerance. Advantages of employing biotechnologies for GMO soybeans production include saving time & efforts and reducing the market risks for farmers, rather than just enhancing productivity by making improvements in yield.
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At present, demand for GMO soybean is primarily fuelled by robust adoption in animal feed and industrial uses for producing soybean oil. Although producing herbicide-tolerant soybean lowers the risk to the environment, benefits are restrained by growing herbicide resistance in weeds. One of the widely used genetically modified crops across the globe, GMO soybeans seek majority of applications in oil production and livestock feed. With mounting demand for soybean around the world as a protein source, genetic modification has become the key for producers to meet this demand.
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Fact.MR, in its new report, offers an unbiased Market Analysis of GMO Soybean Biodiesel, Sales and Demand of GMO Soybean Biodiesel, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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The article discusses the growth projections and market dynamics of the GMO Soybean Biodiesel market.
COVID-19 has affected the food industry, impacting production and supply chains, influencing the GMO Soybean Biodiesel market.
GMO soybeans offer enhanced nutrients, insect resistance, and reduced market risks for farmers.
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