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Global Biofortification Market is expected to rise an estimated value of USD 151.19 million by 2026 | Companies Like Okanagan Specialty Fruits Inc, ArborGen Inc, Arcadia Biosciences, The Mauro Seed Company, Metahelix, Mahyco

Global Biofortification Market

The Global Biofortification Market research report likewise distinguishes prospective speculation openings, challenges, dangers, restraints and deterrents in the market and steer the business accordingly. It additionally attracts regard for critical evaluations dependent on their monetary proportions, capital venture, deals volume, net margin, gainfulness, income model, income result, and development rate on the grounds that the Global Biofortification Market money related appraisal holds indispensable significance in the market study. The report further illuminates predominant contenders who have a fundamental impact in fulfilling client’s necessities definitely.

Market Analysis: Global Biofortification Market

Global Biofortification Market is expected to rise from its initial estimated value of USD 77.00 million in 2018 to an estimated value of USD 151.19 million by 2026, registering a CAGR of 8.80% during the forecast period of 2019-2026.

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Key Market Competitors:

Few of the major competitors currently working in the global biofortification market are-HarvestPlus, Syngenta AG, Bayer AG, BASF SE, DowDuPont, Monsanto Company, Charles River, LemnaTec GmbH, Intertek Group plc, Church & Dwight Co. Inc., Nestle, Intrexon, Okanagan Specialty Fruits Inc, ArborGen Inc, Arcadia Biosciences, The Mauro Seed Company, Metahelix, Mahyco, Protalix Biotherapeutics and Evogene Ltd.

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography
    • Overview
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  11. Company Landscape
  12. Company Profiles
  13. Related Reports

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Market Definition:

Biofortification is a process which helps in improving the nutritional quality of food crops through conventional plant breeding, modern biotechnology or agronomic practices. It differs from conventional fortification which aims to increase the nutritional levels in crops during the growth of plants rather than using manual means during crop processing.

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Key Developments in the Market:

  • In October 2018, Distributed Bio and Charles River entered into an exclusive partnership. This strategy allowed Charles River’s clients to access the Distributed Bio’s integrated antibody optimization technologies and antibody libraries.
  • In February 2018, the Bill & Melinda Gates Foundation awarded HarvestPlus-India with a USD 6 million grant for expanding its biofortification work in two new states including Odisha and Bihar. This strategy would help in the expansion of the company and to enhance its customer base.

Segmentation:

  • By Crop (Sweet Potato, Cassava, Rice, Corn, Wheat, Beans, Pearl Millet, Others),
  • By Target Nutrient (Zinc, Iron, Vitamins, Others),
  • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis:

  • Global biofortification market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
  • The report includes market shares of biofortification market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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