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The genetically modified food market size is projected to increase by USD 46.8 billion at a CAGR of 7.07% between 2023 and 2028. The industry is undergoing substantial growth due to escalating global demand for crop production and a rising consumer preference for nutritional and functional foods. In response, biotechnology companies are innovating by generating genetically altered crops with enhanced nutritional value, improved resistance to pests and diseases, and increased yield. For example, genetically modified (GM) seeds and crops, which contain higher levels of vitamin A, and GM soybeans with enhanced protein content, cater to the nutritional needs of a growing population. Additionally, GM crops with resistance to herbicides and pests enhance agricultural productivity and decrease the requirement for synthetic fertilizers and agricultural pesticides, promoting sustainable farming practices. This fusion of technology and agriculture is revolutionizing the industry and addressing the challenges of feeding a growing population while ensuring food security and sustainability.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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