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Food Biotechnology Market Share

Report ID: GMI3334
Published Date: Sep 2023
Report Format: PDF

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Food Biotechnology Market Share

Some key participants in the food biotechnology market include:

BDF Ingredients Zuchem
BASF SE
AquaBounty Technologies
Bayer CropScience AG
Dow AgroSciences LLC
ABS Global
Arcadia Biosciences
Camson Bio Technologies Ltd, and Monsanto.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The market size of food biotechnology is set to grow at over 10% CAGR from 2023 to 2032, due to the surging popularity of plant-based products and the shifting inclination to alternative protein sources.

Transgenic food biotechnology segment is slated to record substantial traction between 2023 and 2032, attributed to the higher need for genetically modified crops for enhancing the productivity in low producing and harsh climatic conditions.

Asia Pacific market size is projected to witness 11% CAGR from 2023 to 2032, owing to the rising interest in functional foods and nutraceuticals driven by the shifting trend towards healthy lifestyles.

Some of the major food biotechnology firms include BASF SE, Bayer CropScience AG, AquaBounty Technologies, ABS Global, Dow AgroSciences LLC, Arcadia Biosciences, Camson Bio Technologies Ltd, BDF Ingredients Zuchem, and Monsanto.