Global Food Biotechnology Market Report 2023: Rising Need to Improve Yield And Quality of Food Products Drives Demand


Dublin, April 13, 2023 (GLOBE NEWSWIRE) -- The "Global Food Biotechnology Market (2023-2028) by Type, Application, and Geography, Competitive Analysis, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Food Biotechnology Market is estimated to be USD 31.6 Bn in 2023 and is expected to reach USD 65.52 Bn by 2028, growing at a CAGR of 15.70%.

Market Dynamics

Drivers

  • Rising Need to Improve Yield And Quality of Food Products
  • Awareness about Healthy Lifestyles and Rise in Processed Food Demand
  • Stringent Government Regulation and Shrinking Arableland Area

Restraints

  • Strong Resistance to Genetically Modified Products

Opportunities

  • Advancements in Testing Services for Developing New Products
  • Rising Investments in R&D Activities

Challenges

  • Presence of Counterfeit Products

Market Segmentations

The Global Food Biotechnology Market is segmented based on Type, Application, and Geography.

  • By Type, the market is classified into Synthetic Biology Derived Products, and Transgenic Crop.
  • By Application, the market is classified into Animals, and Plants .
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Food Biotechnology Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Food Biotechnology Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Food Biotechnology Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages196
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$31.6 Billion
Forecasted Market Value (USD) by 2028$65.52 Billion
Compound Annual Growth Rate15.7%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

6 Global Food Biotechnology Market, By Type

7 Global Food Biotechnology Market, By Application

8 Americas' Food Biotechnology Market

9 Europe's Food Biotechnology Market

10 Middle East and Africa's Food Biotechnology Market

11 APAC's Food Biotechnology Market

12 Competitive Landscape

13 Company Profiles

14 Appendix

Companies Mentioned

  • AquaBounty Technologies
  • Arcadia Biosciences
  • BASF SE
  • Bayer Ag
  • BDF Ingredients Zuchem
  • Dow AgroSciences LLC
  • Monsanto Company
  • Syngenta Ag
  • DuPont de Nemours, Inc.
  • Evogene Ltd

For more information about this report visit https://www.researchandmarkets.com/r/uadhqp

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Global Food Biotechnology Market

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