Genetically Modified Food Market Analysis

  • Report ID: 117
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Genetically Modified Food Market Analysis

The market is segmented by type into vegetables, crops, fruits, and animal products, out of which, the crops segment is anticipated to hold the largest share in the genetically modified (GMO) food market on account of the rising usage of biotechnology in crop production. Along with this, the crops segment is anticipated to grow at the highest CAGR during the forecast period as well. The growth of this section is led majorly by crops, namely, modified corn and soybean owing to their high consumption globally and the fact that they are resistant to the chemicals used to kill weeds. Additionally, based on trait, the segment for stacked trait (ST) is projected to witness notable growth in the coming years as foods with stacked traits are considered to be rich in nutritional content and disease resistant properties. 

Our in-depth analysis of the global genetically modified (GMO) food market includes the following segments

By Type

  • Vegetables
  • Crops
  • Fruits
  • Animal Products

By Trait

  • Herbicide Tolerance (HR)
  • Insect Resistance (IR)
  • Stacked Traits (ST)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 117
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand for nutritional foods and increasing R&D activities in biotechnology are the major growth drivers for market.

The market is anticipated to attain a significant CAGR over the forecast period, i.e., 2021 – 2029.

Stringent government regulations regarding approval of genetically modified food and toxic residuals of genetically modified crops are estimated to hamper the market growth.

Asia Pacific region is estimated to provide more growth opportunities to the market owing to the implementation of new technologies for crop production.

The major players in the market are BASF SE, Bayer AG, Syngenta Crop Protection AG, Sakata Seed America, and others.
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