Food Biotechnology Market size was valued at over USD 23 billion in 2018 and is anticipated to witness over 9% CAGR up to 2025
Food biotechnology is a field biotechnology used to modify plants, microorganisms, microorganisms, creating products that dramatically improve nutrition-related properties. Genetically advanced products are expected to lead the market by improving crops by increasing yields and improving quality for farmers, producers and consumers.
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Key industry participants in market include BASF SE, Bayer CropScience AG, AquaBounty Technologies, ABS Global, Dow AgroSciences LLC, Arcadia Biosciences, Camson Bio Technologies Ltd, BDF Ingredients Zuchem, and Monsanto. Product development, geographic expansion, mergers, acquisitions
By the type, the market is primarily split into
Synthetic Biology Derived Products
By the application, this report covers the following
Market growth is accelerating as the diffusion of cutting-edge technology for new product development increases by providing innovative solutions by modifying plant, animal and microbial genes. Along with the increase in the demand for processed foods, the changing trend towards a healthy lifestyle has forced F & B manufacturers to improve the nutritional content of their products to provide new growth opportunities for biotechnology-based industry players. In addition, it is necessary to improve the shelf life and taste of food by using encapsulation technology and other ingredients.
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Scope of the Report
The research study analyzes the global Food Biotechnology industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Food Biotechnology Market Report
1. What was the Food Biotechnology Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Food Biotechnology Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Food Biotechnology Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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This release was published on openPR.