Genetically Modified Feed Market Top Companies Study - Bayer AG, Syngenta, DuPont, Dow, Monsanto, BASF.
“Genetically Modified Feed Market” in terms of revenue was estimated to be worth $95.29 billion in 2023 and is poised to reach $157.71 billion by 2031, growing at a CAGR of 6.69% from 2024 to 2031 according to a new report by InsightAce Analytic.
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Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Genetically Modified Feed Market are:
Increasing demand for enhanced livestock productivity
Rising awareness about the benefits of genetically modified feed
Advancements in biotechnology
The following are the primary obstacles to the Genetically Modified Feed Market's expansion:
Including stringent regulatory frameworks
Consumer skepticism regarding genetically modified organisms
Concerns about potential environmental impact
Future expansion opportunities for the global Genetically Modified Feed Market include:
Environmental sustainability
Enhanced feed efficiency
Improved nutrient content
Market Analysis:
The Genetically Modified (GM) Feed Market encompasses the development, production, and distribution of animal feed formulated from genetically modified organisms (GMOs). These feeds are engineered to enhance nutritional value, support improved animal health, and boost overall efficiency in agricultural production. The market serves as a critical component of contemporary livestock and poultry farming systems, contributing to higher productivity and sustainability in animal husbandry.
List of Prominent Players in the Genetically Modified Feed Market:
Bayer AG,
Syngenta,
DuPont,
Dow,
Monsanto,
BASF,
Corteva Agriscience,
R. Simplot Company,
Okanagan Specialty Fruits Inc
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Genetically Modified Feed Market Report Scope:
Report Attribute
Specifications
Market size value in 2023
USD 95.29 billion
Revenue forecast in 2031
USD 157.71 billion
Growth rate CAGR
CAGR of 6.69% from 2024 to 2031
Quantitative units
Representation of revenue in US$ Million, and CAGR from 2024 to 2031
Historic Year
2019 to 2023
Forecast Year
2024-2031
Report coverage
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments covered
By Source, Application, Form, Feed Type
Regional scope
North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Recent Developments:
In February 2022, Bayer AG, a German pharmaceutical and biotechnology company, announced its plans to launch its new genetically modified cotton seeds in India. It aimed to bring the high-yielding and herbicide-tolerant solution to the nation.
In May 2022, Syngenta Switzerland launched VICTRATO, a novel seed treatment that targets damaging nematodes and diseases in crops. This, in turn, will help increase crop quality and yield.
Genetically Modified Feed Market Dynamics
Market Drivers: Rising Demand for Enhanced Livestock Productivity
The growing need to improve livestock productivity is a primary factor propelling the growth of the Genetically Modified (GM) feed market. GM feed is specifically engineered to offer superior nutritional profiles, increased disease resistance, and enhanced growth efficiency, resulting in improved animal performance. Livestock producers are increasingly adopting GM feed solutions to satisfy the rising global demand for animal-derived products such as meat, dairy, and eggs. The genetic enhancements in these feeds contribute to higher output, improved feed conversion ratios, and better overall animal health. Consequently, the adoption of GM feed is largely driven by the need for more efficient agricultural practices to meet the nutritional demands of a growing global population with evolving dietary preferences.
Market Challenges: Environmental and Ecological Concerns
The Genetically Modified (GM) feed market faces notable challenges stemming from environmental concerns. Critics have raised alarms regarding potential ecological risks associated with GM crop cultivation, including the emergence of herbicide-resistant weeds, reduced biodiversity, and the unintentional cross-contamination of conventional crops. Moreover, the broader ecological implications, such as disruptions to ecosystems and harm to non-target species, have drawn increased regulatory attention and public scrutiny. These environmental apprehensions may hinder the widespread acceptance of GM feed products, making it essential for industry stakeholders to address sustainability and safety concerns to support long-term market development.
Regional Insights: North America Poised for Strong Growth
North America is projected to register the highest compound annual growth rate (CAGR) in the Genetically Modified Feed Market over the forecast period. This growth is primarily attributed to the region’s advanced agricultural infrastructure and the escalating demand for high-quality livestock products. Countries such as the United States and Canada play a pivotal role in driving market expansion through the widespread integration of biotechnology in feed production to improve animal health and feed efficiency. Supportive regulatory frameworks and increasing farmer adoption of GM technologies further bolster regional market growth. As North America continues to lead in agricultural innovation, the GM feed sector is expected to experience sustained expansion, significantly contributing to the development of the livestock industry in the region.
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Segmentation of Genetically Modified Feed Market-
By Source-
Crops
Corn
Soybean
Cottonseed
Canola
Alfalfa
Others
Fruits & Vegetables
Papaya
Potato
Eggplant
Others
By Form-
Pellets
Crumbles
Mash
Meal/Cake
By Feed Type-
Roughages
Concentrates
By Application-
Poultry
Layer
Broiler
Turkey
Others
Swine
Grower
Starter
Sow
Cattle
Dairy
Calf
Others
Aquaculture
Carp
Trout
Salmon
Shrimp
Others
Pet food
Dogs
Cats
Birds
Fish
Equine
Others
By Region-
North America-
The US
Canada
Mexico
Europe-
Germany
The UK
France
Italy
Spain
Rest of Europe
Asia-Pacific-
China
Japan
India
South Korea
South East Asia
Rest of Asia Pacific
Latin America-
Brazil
Argentina
Rest of Latin America
Middle East & Africa-
GCC Countries
South Africa
Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/global-genetically-modified-feed-market/1463
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
