GLOBAL GENETICALLY MODIFIED FOODS MARKET FORECAST 2018-2026

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GLOBAL GENETICALLY MODIFIED FOODS MARKET FORECAST 2018-2026

 The Global Genetically Modified Foods market or bioengineered foods market is estimated to grow at 5.10% CAGR during 2018-2026. The base year considered for the study is 2017 and the forecast period is between 2018 and 2026. Several factors that are responsible for the growth of this market include; Growing number of undernourished populace augmenting the demand for nutritional and healthy food. Rise in genetically modified crops area & plantation

GLOBAL GENETICALLY MODIFIED FOODS MARKET FORECAST 2018-2026

Global Genetically Modified Foods Market by Food Type (Crops, Vegetables, Fruits, Animal Products) by Geography Forecast 2018-2026

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The Global Genetically Modified Foods market or bioengineered foods market is estimated to grow at 5.10% CAGR during 2018-2026. The base year considered for the study is 2017 and the forecast period is between 2018 and 2026. Several factors that are responsible for the growth of this market include;

  • Growing number of undernourished populace augmenting the demand for nutritional and healthy food
  • Rise in genetically modified crops area & plantation
  • Genetically modified foods production reduces the need for pesticides
  • Rising demand for crop yield
  • Increasing investment in the field of biotechnology research and development
  • Rising approvals of genetically modified foods across geographies

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The number of undernourished people in the world were estimated to be at xx million in 2016. Thus, rising population of undernourished people is also expected to raise the demand for healthy and nutritional food. This is a major driver for the genetically modified food market. Moreover, with the reduction in pesticides usage, the original nutritional state of food is maintained and this pushes the adoption of genetically modified food.

Crops are expected to lead the food type segment of the global genetically modified foods market by capturing the largest market share of over xx% in 2017. Moreover, Crops market is anticipated to rise at a CAGR of xx% during the forecast period. The growing use of biotechnology in crop production is boosting the market for genetically modified crops. A significant rise in the global production of genetically modified crops such as soya, cotton, maize etc. has aided the global genetically modified foods market. According to International Service for The Agri-Biotech Application (ISAAA), the value of maize global biotech hectare (land used for GM food production) was xx million hectares in 2015, which increased to xx million hectares in 2016 globally. Hence, the increasing production of genetically engineered crops across the globe is driving the growth in the global genetically modified crops market for the forecast period.

The global genetically modified food market growth is restricted by factors such as toxic residues from genetically modified crops that negatively impacts the soil fertility, & stringent government regulations. Also, low consumer awareness is another major challenge in this market.

The Global Genetically Modified Foods market has been segmented on the basis of genetically modified food type & by crop type:

Food Type is sub-segmented into:

  • Crops
  • Vegetable
  • Fruits
  • Animal products

Crop Type sub-segmented into:

  • Corn
  • Cotton
  • Soya Bean
  • Canola
  • Sugar beet
  • Other Crops

The report scope is widely characterized on the basis of genetically modified food that includes crops, fruits, vegetables, and animals. Furthermore, genetically modified seeds and crop protection systems as a company products, have also been considered for revenue calculation. However, the report scope excludes products obtained from alternative technologies such as selective breeding and mutation breeding.

Geographically, the global genetically modified foods market has been segmented on the basis of five major regions, which includes:

  • North America (United States, and Canada),
  • Europe
  • Latin America (Brazil, Argentina, Paraguay, Uruguay, Bolivia and Rest of Latin America),
  • Asia-Pacific (China, India, Philippines, Pakistan, Australia and Rest of Asia Pacific),
  • Africa (South Africa & Rest of Africa)

North America leads the global genetically modified foods market by capturing the largest market share of over xx% in 2017. The dominant position of North America in the global genetically modified foods market is attributed to the fact that the United States & Canada are the leading producers of Genetically Modified crops across the globe. The United States is at the forefront in terms of commercialization and development of genetically modified food. Major biotech crops such as Soybean, cotton and maize have achieved an adoption of about xx% in terms of production. Increasing approval of new bioengineered food such as Biotech Salmon by the FDA in 2015, Non-browning Arctic® Apples by The Canadian Food Inspection Agency (CFIA) in 2016 and others have provided major stimuli to the growth of the genetically modified foods in North America. On the other hand, the Asia Pacific genetically engineered food market is expected to rise with the highest CAGR of over xx% over the forecast period. Asia Pacific bioengineered food market is primarily driven by the rising population in the region. Also, the adoption of new technologies in the agriculture sector to meet the requirements of the growing population, coupled with increasing adoption of GM crops are driving the growth in this region.

The global genetically modified foods market has been segmented on the basis of food type, which includes animal product, crops, fruits, and vegetables. Further, the genetically modified crops sub-segment is divided into field crops. This report focuses on five GM field crops namely, corn, soybean, canola, cottonseed and sugar beet.

The major players in the Genetically Modified Foods market are;

  • BASF SE
  • Bayer AG
  • Syngenta AG
  • Monsanto
  • KWS SAAT SE
  • And others.

Market share of the companies in the genetically modified food market was calculated by considering the market revenue of key players, product portfolio extensiveness, research and development spending, geographical presence, venture capitalist investments in the companies and strategies adopted in the past 3 years (2015-2017). For Instance, in June 2017, Dow Chemical Company has launched its new GMO corn ‘Enlist corn’. It is widely used as herbicide glyphosate, which is the main ingredient in Monsanto’s popular Roundup herbicide. Also, in October 2017, BASF decided to acquire the part of Bayer AG’s agricultural products business with $xx billion. This deal promises to be the start of a long and expensive journey into genetically-modified seeds.

Key findings of the Genetically Modified Foods market:

  • North America accounts for the largest market share of the overall Genetically Modified Food Market
  • The genetically modified food approvals has played a crucial role in the advancement of global genetically modified foods market
  • Genetically modified food is quickly gaining acceptance due to advantages such as high crop yield, more nutritional values, insect resistance, resistance to fungal and bacterial diseases and increased shelf life
  • Asia-Pacific is the fastest growing regional market. China & India are the key contributors to the growth of the Asia Pacific market.
  • New advancements in genetic engineering of foods can significantly lead to the development of new and improved varieties with better yield, along with more tolerance to abiotic and biotic stresses and increased nutritional profile.
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • NORTH AMERICA LEADS THE OVERALL GENETICALLY MODIFIED FOOD MARKET
      • CROPS ARE ANTICIPATED TO LEAD THE FOOD TYPE SEGMENT
      • ASIA PACIFIC IS EXPECTED TO BE THE FASTEST EVOLVING REGIONAL MARKET
      • LATIN AMERICA – PROMISING MARKETPLACE
      • RISING APPROVALS OF GENETICALLY MODIFIED FOODS ACROSS GEOGRAPHIES
  1. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS: BIOTECHNOLOGY MARKET
    • ETYMOLOGY OF GENETICALLY MODIFIED FOODS MARKET
    • MARKET SCOPE AND DEFINITION
    • DRIVERS
      • GROWING NUMBER OF UNDERNOURISHED POPULACE AUGMENTING THE DEMAND FOR NUTRITIONAL AND HEALTHY FOOD
      • RISE IN GENETICALLY MODIFIED CROPS AREA & PLANTATION
      • GENETICALLY MODIFIED FOODS PRODUCTION REDUCES THE NEED FOR PESTICIDES
      • RISING DEMAND FOR CROP YIELD
      • INCREASING INVESTMENT IN THE FIELD OF BIOTECHNOLOGY RESEARCH AND DEVELOPMENT
    • RESTRAINTS
      • TOXIC RESIDUES FROM GENETICALLY MODIFIED CROPS NEGATIVELY IMPACTS SOIL FERTILITY
      • STRINGENT GOVERNMENT REGULATIONS
    • OPPORTUNITIES
      • GROWING INTEREST IN GENETICALLY MODIFIED FOOD FROM EMERGING NATIONS
      • INCREASED PRODUCTION OF BIOENGINEERED OR GENETICALLY MODIFIED FOOD
      • NEW ADVANCEMENTS IN GENETIC ENGINEERING OF FOODS & CROPS
    • CHALLENGES
      • LOW CONSUMER AWARENESS
  1. MARKET SEGMENTATION – BY FOOD TYPE
    • CROPS
      • CORN
      • SOYA BEAN
      • CANOLA
      • SUGAR BEET
      • COTTON
      • OTHER CROPS
    • VEGETABLES
    • FRUITS
    • ANIMAL PRODUCTS
  2. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • KEY BUYING CRITERIA
      • PRODUCTIVITY (YIELD)
      • PROTECTION
      • SIDE EFFECTS
      • PRICE
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
      • RAW MATERIAL SUPPLIERS
      • MANUFACTURING/DEVELOPMENT
      • APPROVAL (FIELD RELEASE)
      • COMMERCIAL PRODUCTION AND END-USERS
    • LEGAL, POLICY & REGULATORY FRAMEWORK
    • INVESTMENT ANALYSIS
      • REGIONAL OPPORTUNITIES
      • OPPORTUNITIES BY FOOD TYPE SEGMENT
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
    • LATIN AMERICA
      • BRAZIL
      • ARGENTINA
      • PARAGUAY
      • URUGUAY
      • BOLIVIA
      • REST OF LATIN AMERICA
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • PHILIPPINES
      • PAKISTAN
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • AFRICA
      • SOUTH AFRICA
      • REST OF AFRICA
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • KEY COMPANY ANALYSIS
      • BASF SE
      • BAYER AG
      • SYNGENTA AG (ACQUIRED BY CHEMCHINA)
      • MONSANTO
      • KWS SAAT SE
    • CORPORATE STRATEGIES
      • PRIMARY STRATEGY: PRODUCT LAUNCH
      • SECONDARY STRATEGY: PARTNERSHIP AND COLLABRATION
      • TERNARY STRATEGY: MERGER AND ACQUISITION
      • RESEARCH & DEVELOPMENT
      • APPROVALS
      • REBRAND
    • COMPANY PROFILES
      • DLF-TRIFOLIUM
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • GROUP LIMAGRAIN
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • BASF SE
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • BAYER AG
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • DOW-DUPONT
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC INITIATIVES
      • KWSSAAT SE
        • COMPANY OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • MONSANTO COMPANY
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • WINFIELD SOLUTIONS, LLC
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • OKANAGAN SPECIALTY FRUITS INC. (OSF)
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • METAHELIX LIFE SCIENCES LIMITED
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • STRATEGIC ANALYSIS
      • STINE SEED
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • AQUABOUNTY TECHNOLOGIES INC
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • R. SIMPLOT
        • OVERVIEW
        • STRATEGIC INITIATIVES
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • SYNGENTA
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • TAKII & CO., LTD
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS

 

TABLE LIST

TABLE 1: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY GEOGRAPHY, 2018-2026 (IN $ MILLION)

TABLE 2: APPROVALS FOR GENETICALLY MODIFIED FOOD, FEED & CULTIVATION, BY COUNTRY, 2016

TABLE 3: WORLDWIDE AREA UNDER GENETICALLY MODIFIED CROPS 1996-2016 (IN MILLION ACRES)

TABLE 4: COUNTRY-WISE AREA UNDER GENETICALLY MODIFIED CROPS, 2015 & 2016 (IN MILLION HECTARES)

TABLE 5: IMPACT OF BIOENGINEERED CROPS ON THE USE OF HERBICIDES AND INSECTICIDES

TABLE 6: EXAMPLES OF GENETICALLY MODIFIED FOODS

TABLE 7: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY FOOD TYPE, 2018-2026, (IN $ MILLION)

TABLE 8: GLOBAL GENETICALLY MODIFIED CROPS MARKET, BY CROP TYPE, 2018-2026 (IN $ MILLION)

TABLE 9: OPPORTUNITY MATRIX FOR GENETICALLY MODIFIED FOODS MARKET

TABLE 10: VENDOR LANDSCAPE OF GENETICALLY MODIFIED FOODS MARKET

TABLE 11: LEGAL, POLICY & REGULATORY FRAMEWORK OF GENETICALLY MODIFIED FOODS MARKET

TABLE 13: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY GEOGRAPHY, 2018-2026, (IN $ MILLION)

TABLE 14: NORTH AMERICA GENETICALLY MODIFIED FOODS MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 15: LATIN AMERICA GENETICALLY MODIFIED FOODS MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 16: ASIA PACIFIC GENETICALLY MODIFIED FOODS MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 17: AFRICA GENETICALLY MODIFIED FOODS MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 18: LIST OF PRODUCT LAUNCH

TABLE 19: LIST OF PARTNERSHIP & COLLABORATIONS

TABLE 20: LIST OF MERGER & ACQUISITION

TABLE 21: LIST OF RESEARCH AND DEVELOPMENT

TABLE 22: LIST OF APPROVAL

TABLE 23: LIST OF REBRAND

FIGURES LIST

FIGURE 1: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY FOOD TYPE, 2017 & 2026 (IN %)

FIGURE 2: NORTH AMERICA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 3: ASIA PACIFIC GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 4: LATIN AMERICA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 5: EVOLUTION & TRANSITION OF GENETICALLY MODIFIED FOODS MARKET

FIGURE 6: NUMBER OF UNDERNOURISHED POPULACE WORLDWIDE, 2010-2016 (IN MILLIONS)

FIGURE 7: AREA UNDER MOST PLANTED GENETICALLY MODIFIED CROPS VERSUS CONVENTIONAL CROPS IN 2016 (IN MILLION HECTARES)

FIGURE 8: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY CROPS, 2018-2026 (IN $ MILLION)

FIGURE 9: GLOBAL GENETICALLY MODIFIED CROPS MARKET, BY CORN, 2018-2026 (IN $ MILLION)

FIGURE 10: GLOBAL GENETICALLY MODIFIED CROPS MARKET, BY SOYA BEAN, 2018-2026 (IN $ MILLION)

FIGURE 11: GLOBAL GENETICALLY MODIFIED CROPS MARKET, BY CANOLA, 2018-2026 (IN $ MILLION)

FIGURE 12: GLOBAL GENETICALLY MODIFIED CROPS MARKET, BY SUGAR BEET, 2018-2026 (IN $ MILLION)

FIGURE 13: GLOBAL GENETICALLY MODIFIED CROPS MARKET, BY COTTON, 2018-2026 (IN $ MILLION)

FIGURE 14: GLOBAL GENETICALLY MODIFIED CROPS MARKET, BY OTHER CROPS, 2018-2026 (IN $ MILLION)

FIGURE 15: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY VEGETABLES, 2018-2026 (IN $ MILLION)

FIGURE 16: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY FRUITS, 2018-2026 (IN $ MILLION)

FIGURE 17: GLOBAL GENETICALLY MODIFIED FOODS MARKET, BY ANIMAL PRODUCTS, 2018-2026 (IN $ MILLION)

FIGURE 18: PORTER’S FIVE FORCE MODEL OF GENETICALLY MODIFIED FOODS MARKET

FIGURE 19: KEY BUYING IMPACT ANALYSIS

FIGURE 20: VALUE CHAIN OF GENETICALLY MODIFIED FOODS MARKET

FIGURE 21: PROCEDURE FOR INSECT RESISTANCE PLANT

FIGURE 22: INVESTMENT ANALYSIS OF GENETICALLY MODIFIED FOODS MARKET IN 2017, BY REGION

FIGURE 23: INVESTMENT ANALYSIS OF GENETICALLY MODIFIED FOODS MARKET IN 2017, BY FOOD TYPE SEGMENT

FIGURE 24: GLOBAL GENETICALLY MODIFIED FOODS MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)

FIGURE 25: UNITED STATES GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 26: CANADA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 27: EUROPE GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 28: BRAZIL GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 29: ARGENTINA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 30: PARAGUAY GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 31: URUGUAY GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 32: BOLIVIA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 33: REST OF LATIN AMERICA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 34: CHINA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 35: INDIA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 36: PHILIPPINES GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 37: PAKISTAN GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 38: AUSTRALIA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 39: REST OF ASIA PACIFIC GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 40: SOUTH AFRICA GENETICALLY MODIFIED FOODS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 41: REST OF AFRICA GENETICALLY MODIFIED FOODS MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

FIGURE 42: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2016 (%)

 

  1. MARKET SEGMENTATION – BY FOOD TYPE
    • CROPS
      • CORN
      • SOYA BEAN
      • CANOLA
      • SUGAR BEET
      • COTTON
      • OTHER CROPS
    • VEGETABLES
    • FRUITS
    • ANIMAL PRODUCTS
  2. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
    • LATIN AMERICA
      • BRAZIL
      • ARGENTINA
      • PARAGUAY
      • URUGUAY
      • BOLIVIA
      • REST OF LATIN AMERICA
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • PHILIPPINES
      • PAKISTAN
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • AFRICA
      • SOUTH AFRICA
      • REST OF AFRICA

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