Food Biotechnology Market Report Analysis by 2019-2025 Focusing on Top Players
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About Food Biotechnology Market ❖Global Food Biotechnology Market size was valued at over USD 23 billion in 2018 and is anticipated to witness over 10% CAGR up to 2025. ❖Increasing penetration of advanced technologies to develop new products by modifying plants, animals, and microorganisms genes to provide innovative solutions is driving the market growth.
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❖Global food biotechnology market through animal segment holds over 34% share in 2018. Increasing necessity to enhance milk production in dairy cattle with growing demand will propel industry expansion. Robust growth in meat consumption such as processed meat accompanied by increasing consumer awareness on nutritional benefits will drive the biotech applications.
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Market Overview
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Key Players - Food Biotechnology Market ❖BASF SE ❖Bayer CropScience AG ❖AquaBounty Technologies ❖ABS Global ❖Dow AgroSciences LLC ❖Arcadia Biosciences
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved
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