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BIOFORTIFICATION MARKET 2021 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2027 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
BIOFORTIFICATION MARKET 2021 Biofortification Market 2021: Industry Survey, Growth, Competitive Landscape and Forecasts to 2027 The process of breeding crops to improve their nutritional composition is known as biofortification. Rising initiatives by government and non-government 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. The global biofortification market has been segmented by targeted crop, approach, targeted nutrient, and region. Based on targeted crop, the global biofortification market has been segmented into cereals and grains, fruits and vegetables, legumes and pulses, oilseeds, and others. The cereals and grains segment is expected to be the largest revenue generating segment during the assessment period. Cereals and grains such as rice, wheat, and pearl millet are commonly consumed staple foods in several developing economies. In addition, they are an inexpensive source of nutrition and are produced in large quantities, especially in Asia-Pacific. Owing to this, cereals and grains are increasingly being genetically modified to enhance their nutrient content and overcome the increasing prevalence of iron and zinc deficiencies. However, the fruits and vegetables segment is expected to register the highest growth rate during the forecast period due to the increasing consumption of natural and fresh fruits and vegetables. www.marketresearchfuture.com
BIOFORTIFICATION MARKET 2021 Study Objectives of BIOFORTIFICATION Market: • Biotechnology companies • Food & beverage processors • Agriculture associations • Feed manufacturers • Agriculture research institutes • Traders, exporters, and importers Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/7791 www.marketresearchfuture.com
BIOFORTIFICATION MARKET 2021 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. Browse Report @ https://www.marketresearchfuture.com/reports/biofortification-market-7791 www.marketresearchfuture.com
BIOFORTIFICATION MARKET 2021 Application & Major Players in this Research: BIOFORTIFICATION Market Prominent Players: • DowDuPont (US) • Syngenta (Switzerland) • HarvestPlus (US) • Bayer (Germany) • BASF SE (Germany) Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7791 www.marketresearchfuture.com
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