Biofortification Market Growth, Leading Players Review, Impressive Growth and Forecast to 2024

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BIOFORTIFICATION MARKET 2018

Industry Survey, Growth, Competitive Landscape and Forecasts to 2024

PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)


BIOFORTIFICATION MARKET 2018 Biofortification Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2024

The process of breeding crops to improve their nutritional composition is known as biofortification. Rising initiatives by government and nongovernment organizations to lower nutrition deficiency is a major determinant driving market growth. Biofortification has strong growth potential in the developing economies in Africa and Asia-Pacific owing to the presence of an unregulated market environment and high prevalence of undernourishment. Initiatives such as the HarvestPlus program are focusing on delivering crops with enhanced potential to increase the bioavailability and amount of essential nutrients required by the human body. Market players are collaborating with genetic engineers, nutrition scientists, and plant breeders to achieve the goal of providing nutrient-rich food to the global population.

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BIOFORTIFICATION MARKET 2018

Intended Audience: •

Biotechnology companies

Food & beverage processors

Agriculture associations

Feed manufacturers

Agriculture research institutes

Traders, exporters, and importers

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BIOFORTIFICATION MARKET 2018 Regional Analysis The global biofortification market has been segmented, on the basis of region, into Latin America, Africa, Asia-Pacific, the rest of the world.

Asia-Pacific is expected to dominate the global biofortification market during the forecast period due to the high production and consumption of released biofortified crops in the region. Moreover, the increasing R&D investments in agricultural operations and growth of the agriculture industry in the region are fuelling regional market growth. However, rising health awareness among people, increasing government initiatives, and surging prevalence of nutritional disorders in Africa are expected to result in the African market exhibiting the highest CAGR during the forecast period.

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BIOFORTIFICATION MARKET 2018 Application & Major Players in this Research: Biofortification Market Prominent Players:

 DowDuPont (US),  HarvestPlus (US),  Syngenta (Switzerland),  Bayer (Germany),  BASF SE (Germany)

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