Biofortification Market Report: Trends, Forecast and Competitive Analysis to 2030
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Biofortification Trends and Forecast
The future of the global biofortification market looks promising with opportunities in the sweet potato, cassava, rice, corn, wheat, bean, and pearl millet markets. The global biofortification market is expected to reach an estimated $0.18 billion by 2030 with a CAGR of 8.8% from 2024 to 2030. The major drivers for this market are growing interest in foods with elevated nutritional content, increasing advancements in genetic engineering, and expanding investment in agronomics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Biofortification by Segment
The study includes a forecast for the global biofortification by type, target nutrient, and region.
Biofortification Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biofortification companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biofortification companies profiled in this report include-
Lucintel forecasts that iron will remain the largest segment over the forecast period.
Within this market, sweet potato will remain the largest segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Biofortification Market
Market Size Estimates: Biofortification market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Biofortification market size by type, target nutrient, and region in terms of value ($B).
Regional Analysis: Biofortification market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, target nutrients, and regions for the biofortification market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biofortification market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the biofortification market size?
Answer: The global biofortification market is expected to reach an estimated $0.18 billion by 2030.
Q2. What is the growth forecast for biofortification market?
Answer: The global biofortification market is expected to grow with a CAGR of 8.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the biofortification market?
Answer: The major drivers for this market are growing interest in foods with elevated nutritional content, increasing advancements in genetic engineering, and expanding investment in agronomics.
Q4. What are the major segments for biofortification market?
Answer: The future of the biofortification market looks promising with opportunities in the sweet potato, cassava, rice, corn, wheat, bean, and pearl millet markets.
Q5. Who are the key biofortification market companies?
Answer: Some of the key biofortification companies are as follows:
Answer: Lucintel forecasts that iron will remain the largest segment over the forecast period.
Q7. In biofortification market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the biofortification market by type (sweet potato, cassava, rice, corn, wheat, bean, pearl millet, and others), target nutrient (zinc, iron, vitamins, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Biofortification Market, Biofortification Market Size, Biofortification Market Growth, Biofortification Market Analysis, Biofortification Market Report, Biofortification Market Share, Biofortification Market Trends, Biofortification Market Forecast, Biofortification Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Biofortification Trends and Forecast
The future of the global biofortification market looks promising with opportunities in the sweet potato, cassava, rice, corn, wheat, bean, and pearl millet markets. The global biofortification market is expected to reach an estimated $0.18 billion by 2030 with a CAGR of 8.8% from 2024 to 2030. The major drivers for this market are growing interest in foods with elevated nutritional content, increasing advancements in genetic engineering, and expanding investment in agronomics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Biofortification by Segment
The study includes a forecast for the global biofortification by type, target nutrient, and region.
Biofortification Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Sweet Potato
- Cassava
- Rice
- Corn
- Wheat
- Bean
- Pearl Millet
- Others
- Zinc
- Iron
- Vitamins
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biofortification companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biofortification companies profiled in this report include-
- Syngenta
- Bayer
- BASF
- DowDuPont
- Charles River
- LemnaTec
- Intertek
Lucintel forecasts that iron will remain the largest segment over the forecast period.
Within this market, sweet potato will remain the largest segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Biofortification Market
Market Size Estimates: Biofortification market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Biofortification market size by type, target nutrient, and region in terms of value ($B).
Regional Analysis: Biofortification market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, target nutrients, and regions for the biofortification market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biofortification market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the biofortification market size?
Answer: The global biofortification market is expected to reach an estimated $0.18 billion by 2030.
Q2. What is the growth forecast for biofortification market?
Answer: The global biofortification market is expected to grow with a CAGR of 8.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the biofortification market?
Answer: The major drivers for this market are growing interest in foods with elevated nutritional content, increasing advancements in genetic engineering, and expanding investment in agronomics.
Q4. What are the major segments for biofortification market?
Answer: The future of the biofortification market looks promising with opportunities in the sweet potato, cassava, rice, corn, wheat, bean, and pearl millet markets.
Q5. Who are the key biofortification market companies?
Answer: Some of the key biofortification companies are as follows:
- Syngenta
- Bayer
- BASF
- DowDuPont
- Charles River
- LemnaTec
- Intertek
Answer: Lucintel forecasts that iron will remain the largest segment over the forecast period.
Q7. In biofortification market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the biofortification market by type (sweet potato, cassava, rice, corn, wheat, bean, pearl millet, and others), target nutrient (zinc, iron, vitamins, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Biofortification Market, Biofortification Market Size, Biofortification Market Growth, Biofortification Market Analysis, Biofortification Market Report, Biofortification Market Share, Biofortification Market Trends, Biofortification Market Forecast, Biofortification Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL BIOFORTIFICATION MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Biofortification Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Biofortification Market by Type
3.3.1: Sweet Potato
3.3.2: Cassava
3.3.3: Rice
3.3.4: Corn
3.3.5: Wheat
3.3.6: Bean
3.3.7: Pearl Millet
3.3.8: Others
3.4: Global Biofortification Market by Target Nutrient
3.4.1: Zinc
3.4.2: Iron
3.4.3: Vitamins
3.4.4: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Biofortification Market by Region
4.2: North American Biofortification Market
4.2.1: North American Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.2.2: North American Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
4.3: European Biofortification Market
4.3.1: European Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.3.2: European Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
4.4: APAC Biofortification Market
4.4.1: APAC Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.4.2: APAC Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
4.5: ROW Biofortification Market
4.5.1: ROW Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.5.2: ROW Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Biofortification Market by Type
6.1.2: Growth Opportunities for the Global Biofortification Market by Target Nutrient
6.1.3: Growth Opportunities for the Global Biofortification Market by Region
6.2: Emerging Trends in the Global Biofortification Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Biofortification Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Biofortification Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Syngenta
7.2: Bayer
7.3: BASF
7.4: DowDuPont
7.5: Charles River
7.6: LemnaTec
7.7: Intertek
2. GLOBAL BIOFORTIFICATION MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Biofortification Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Biofortification Market by Type
3.3.1: Sweet Potato
3.3.2: Cassava
3.3.3: Rice
3.3.4: Corn
3.3.5: Wheat
3.3.6: Bean
3.3.7: Pearl Millet
3.3.8: Others
3.4: Global Biofortification Market by Target Nutrient
3.4.1: Zinc
3.4.2: Iron
3.4.3: Vitamins
3.4.4: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Biofortification Market by Region
4.2: North American Biofortification Market
4.2.1: North American Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.2.2: North American Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
4.3: European Biofortification Market
4.3.1: European Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.3.2: European Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
4.4: APAC Biofortification Market
4.4.1: APAC Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.4.2: APAC Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
4.5: ROW Biofortification Market
4.5.1: ROW Biofortification Market by Type: Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet, and Others
4.5.2: ROW Biofortification Market by Target Nutrient: Zinc, Iron, Vitamins, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Biofortification Market by Type
6.1.2: Growth Opportunities for the Global Biofortification Market by Target Nutrient
6.1.3: Growth Opportunities for the Global Biofortification Market by Region
6.2: Emerging Trends in the Global Biofortification Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Biofortification Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Biofortification Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Syngenta
7.2: Bayer
7.3: BASF
7.4: DowDuPont
7.5: Charles River
7.6: LemnaTec
7.7: Intertek
