Food Biotechnology Market Growth, Size, Share and Forecast 2023-2030 | IMR

Global Food Biotechnology Market Size Was Valued at USD 32.52 Billion In 2022 And Is Projected to Reach USD 70.73 Billion By 2030, Growing at A CAGR of 10.2% From 2023 To 2030.

The use of contemporary biotechnological techniques in the production and processing of food is known as food biotechnology. Food additives, plant and animal cell cultures, and food fermentation—the previous biotechnology process—are all included. Food biotechnology has expanded into interesting new areas thanks to innovations in a variety of techniques, including bioengineering, genetic engineering, protein engineering, fermentation, and enzyme technology. Monoclonal antibody technologies have also been introduced. Although animal and plant foods are not typically thought of as food biotechnology, traditional agriculture and crop breeding are. However, it is expected that agricultural biotechnology will play a bigger role in the development of the agri-food industry.

Increased use of biotechnology in agricultural practices will also reduce labor costs and boost yield, which will support the growth of the sector as a whole. the increasing research and development (R&D) efforts of many public sector organizations, including Land-Grant University and the United States Department of Agriculture (USDA). The growing number of subcontract agreements between private companies and agricultural experts will also contribute to the industry's overall growth.

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Analysis of the Top Market Players:

  • ABS Global
  • Arcadia Biosciences
  • AquaBounty Technologies
  • BASF Plant Science
  • Bayer CropScience AG
  • Camson Bio Technologies Ltd
  • Dow AgroSciences LLC
  • DuPont Pioneer
  • Evogene Ltd
  • Hy-Line International
  • KWS Group
  • Monsanto
  • Origin Agritech Limited
  • Syngenta AG And Majore Key Players.

 

 

 

The latest report on the Food Biotechnology market provides a detailed analysis of the market for the years 2023 to 2030. It presents a comprehensive overview of the Food Biotechnology industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Food Biotechnology market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years. The report is meant to assist clients to obtain information and making decisions that will help them build their businesses. The study is produced with a specific aim in mind: to deliver business insights consultation to help customers make wise business decisions and achieve long-term success in their particular market segments.

   

Segmentation of The Food Biotechnology Market

Introspective market research has segmented the Food Biotechnology market based on type, Technology, End Users Industry, and region:

By Product Type

  • Transgenic Crops
  • Synthetic Biology Derived Products

By Application

  • Animal
  • Plants
  • Microorganisms

By Region     

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Market participants continue to invest in Food Biotechnology Market advancements which will increase their chances of being profitable throughout the projection period. As a result, the Food Biotechnology Market marketplace will continue to grow due to increased consumer awareness in many areas that were not covered by the market.

 

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This trend has been bolstered by increasing internet penetration rates and rising consumer spending power, especially in developing countries. As more businesses leverage e-commerce platforms to meet customers’ demands in an ever-more digital world, they will need additional capacity from shipping companies to deliver goods worldwide. The market report includes an in-depth analysis of several growth plans and initiatives that will broaden the business’s horizons at both a regional and global level. The report provides a detailed explanation of the market challenges and future prospects for the “Food Biotechnology” world market. It also includes market maturity analysis, concentration, as well as the scope of development in the region. Other important parameters such as market size, market value and quantity are also discussed.

Objectives of the Study:

  • To offer a comprehensive analysis on the global keyword market by product type, by application and by region.
  • To cater intricate information on factors influencing market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To forecast and evaluate micro-markets and the overall market
  • To predict the market size, in key regions (along with countries) North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To evaluate and analyze competitive landscape mapping- technological advancements, product launches, mergers and expansions

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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Uday Sharma

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