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Genetically Modified Food Market to reach 130 million tons next year

Daily Times(PK) logo Daily Times(PK) 01/06/2020 Web Desk

Despite all of the criticism and hindrances, the GMO food market has started picking up in recent years due to the nutritional value it offers. However, the GMO food market is in its nascent stage and has a long way to go to reach every shelf in the market. As the demand for GMO food is on a continuous rise, stacked traits, a mix of more than one transgene, is expected to see the highest growth when compared to Herbicide Tolerance (HT) and Insect Resistance (IR).

The research predicted that production of genetically modified crops will increase from 112 million tons in 2015 to 130 million tons in the year 2021.

The report on the Genetically Modified Food market provides a bird’s eye view of the current proceeding within the Genetically Modified Food market. Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Genetically Modified Food market and offers a clear assessment of the projected market fluctuations during the forecast period. The different factors that are likely to impact the overall dynamics of the Genetically Modified Food market over the forecast period (2019-2029) including the current trends, growth opportunities, restraining factors, and more are discussed in detail in the market study.

Genetically Modified Food market reports deliver insight and expert analysis into key consumer trends and behaviour in marketplace, in addition to an overview of the market data and key brands. Genetically Modified Food market reports provides all data with easily digestible information to guide every businessman’s future innovation and move business forward.

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Some of the key players influencing the market are the list of companies for Genetically Modified Foods market are AquaBounty Technologies, Inc.,BASF SE,Bayer AG,DOW-DUPONT,KWS SAAT SE and Co. KGaA,Limagrain,Monsanto Company,Okanagan Specialty Fruits Inc.,Sakata,Syngenta AG.

Genetically Modified Foods Market report also provide a in-depth understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, and opportunities in the market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of last three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Genetically Modified Foods Market revenue by understanding the strategic growth approaches.

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The report is a combination of qualitative and quantitative analysis of the Genetically Modified Foods industry. It provides market estimation and forecasting of the Genetically Modified Foods market for the period of 2018 to 2027, considering 2018 as the base year and 2019-2027 as the forecast period. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SCAM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.

as been elucidated.

The valuation that each company holds, in tandem with the description as well as substantial specifications of the manufactured products have been enumerated in the study as well.

The Genetically Modified Food market research study conscientiously mentions a separate section that enumerates details with regards to major parameters like the price fads of key raw material and industrial chain analysis, not to mention, details about the suppliers of the raw material. That said, it is pivotal to mention that the Genetically Modified Food market report also expounds an analysis of the industry distribution chain, further advancing on aspects such as important distributors and the customer pool.

The ‘Genetically Modified Food market’ report enumerates information about the industry in terms of market share, market size, revenue forecasts, and regional outlook. The report further illustrates competitive insights of key players in the business vertical followed by an overview of their diverse portfolios and growth strategies.

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