Report Id: BBM0222
Biofortification Market Size by Crop Type (Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet and Others), By Target Nutrient (Zinc, Iron, Vitamins and Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Biofortification Market is expected to be around US$ 262 million by 2028 at a CAGR of 8.5% in the given forecast period.
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Major Players
- ArborGen Inc
- Arcadia Biosciences
- BASF SE
- Okanagan Specialty Fruits Inc
- BioAnalyt GmbH
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
8
REPORT DESCRIPTION
The Biofortification Market is expected to be around US$ 262 million by 2028 at a CAGR of 8.5% in the given forecast period.
The primary growing factor towards biofortification market is the surging demand for nutritional food and rising investments in agrigenomics. The key factor propelling the demand for biofortification is the escalating demand for high nutritional content foods. Moreover, the several private agriculture research institutes, government authorities and agri-based firms are funding in public health program to offer biofortified crops to the undernourished people is also augmenting the overall demand for biofortification market. Additionally, the robust advancements in the agricultural sector, increasing implementation of biofortification in crops such as wheat, beans, sweet potato, rice, corn and pearl millet also propels the growth of the biofortification market at a global level. Besides this, the enhancement of the nutritional content of yields including sorghum, tomato, banana, and barley is also uplifting the growth of the biofortification market.
The global Biofortification market is segregated on the basis of Crop Type as Sweet Potato, Cassava, Rice, Corn, Wheat, Bean, Pearl Millet and Others. Based on Target Nutrient the global Biofortification market is segmented in Zinc, Iron, Vitamins and Others.
The global Biofortification market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Biofortification market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
ArborGen Inc, Arcadia Biosciences, BASF SE, Okanagan Specialty Fruits Inc, BioAnalyt GmbH, Charles River Laboratories, Inc., Church & Dwight Co., Corteva, Inc, DuPont de Nemours, Inc., Maharashtra Hybrid Seeds Co., HarvestPlus, INTERMAG sp. z o.o., Intertek Group plc, Intrexon Corporation, Schlegel und Partner GmbH, and others are among the major players in the global Biofortification market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Biofortification Market has been segmented as below:
Biofortification Market, By Crop Type
- Sweet Potato
- Cassava
- Rice
- Corn
- Wheat
- Bean
- Pearl Millet
- Others
Biofortification Market, By Target Nutrient
- Zinc
- Iron
- Vitamins
- Others
Biofortification Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Biofortification Market, By Company
- ArborGen Inc
- Arcadia Biosciences
- BASF SE
- Okanagan Specialty Fruits Inc
- BioAnalyt GmbH
- Charles River Laboratories, Inc.
- Church & Dwight Co.
- Corteva, Inc
- DuPont de Nemours, Inc.
- Maharashtra Hybrid Seeds Co.
- HarvestPlus
- INTERMAG sp. z o.o.
- Intertek Group plc
- Intrexon Corporation
- Schlegel und Partner GmbH
The report covers:
- Global Biofortification market sizes from 2021 to 2028, along with CAGR for 2023-2028
- Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
- Global Biofortification market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Biofortification market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Biofortification market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Biofortification market share. Major industry players with significant revenue share include ArborGen Inc, Arcadia Biosciences, BASF SE, Okanagan Specialty Fruits Inc, BioAnalyt GmbH, Charles River Laboratories, Inc., Church & Dwight Co., Corteva, Inc, DuPont de Nemours, Inc., Maharashtra Hybrid Seeds Co., HarvestPlus, INTERMAG sp. z o.o., Intertek Group plc, Intrexon Corporation, Schlegel und Partner GmbH, and others.
Reasons to Buy this Report:
- Gain detailed insights on the Biofortification industry trends
- Find complete analysis on the market status
- Identify the Biofortification market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Customization
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Biofortification Market, By Crop Type
5.1. Introduction
5.2. Sweet Potato
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Cassava
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Rice
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. Corn
5.5.1. Market Overview
5.5.2. Market Size and Forecast
5.6. Wheat
5.6.1. Market Overview
5.6.2. Market Size and Forecast
5.7. Bean
5.7.1. Market Overview
5.7.2. Market Size and Forecast
5.8. Pearl Millet
5.8.1. Market Overview
5.8.2. Market Size and Forecast
5.9. Others
5.9.1. Market Overview
5.9.2. Market Size and Forecast
6. Biofortification Market, By Target Nutrient
6.1. Introduction
6.2. Zinc
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Iron
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Vitamins
6.4.1. Market Overview
6.4.2. Market Size and Forecast
6.5. Others
6.5.1. Market Overview
6.5.2. Market Size and Forecast
7. Biofortification Market, By Geography
7.1. Introduction
7.2. North America
7.2.1. North America Biofortification, By Crop Type
7.2.2. North America Biofortification, By Target Nutrient
7.3. Europe
7.3.1. Europe Biofortification, By Crop Type
7.3.2. Europe Biofortification, By Target Nutrient
7.4. Asia-Pacific
7.4.1. Asia-Pacific Biofortification, By Crop Type
7.4.2. Asia-Pacific Biofortification, By Target Nutrient
7.5. Rest of the World
7.5.1. Rest of the World Biofortification, By Crop Type
7.5.2. Rest of the World Biofortification, By Target Nutrient
8. Competitive Insights
8.1. Key Insights
8.2. Company Market Share Analysis
8.3. Strategic Outlook
8.3.1. Mergers & Acquisitions
8.3.2. New Product Developments
8.3.3. Portfolio/Production Capacity Expansions
8.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5. Others
9. Company Profiles
9.1. ArborGen Inc
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. Arcadia Biosciences
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. BASF SE
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Okanagan Specialty Fruits Inc
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. BioAnalyt GmbH
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Charles River Laboratories, Inc.
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Church & Dwight Co.
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Corteva, Inc
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
9.9. DuPont de Nemours, Inc.
9.9.1. Company Overview
9.9.2. Product/Service Landscape
9.9.3. Financial Overview
9.9.4. Recent Developments
9.10. Maharashtra Hybrid Seeds Co.
9.10.1. Company Overview
9.10.2. Product/Service Landscape
9.10.3. Financial Overview
9.10.4. Recent Developments
9.11. HarvestPlus
9.11.1. Company Overview
9.11.2. Product/Service Landscape
9.11.3. Financial Overview
9.11.4. Recent Developments
9.12. INTERMAG sp. z o.o.
9.12.1. Company Overview
9.12.2. Product/Service Landscape
9.12.3. Financial Overview
9.12.4. Recent Developments
9.13. Intertek Group plc
9.13.1. Company Overview
9.13.2. Product/Service Landscape
9.13.3. Financial Overview
9.13.4. Recent Developments
9.14. Intrexon Corporation
9.14.1. Company Overview
9.14.2. Product/Service Landscape
9.14.3. Financial Overview
9.14.4. Recent Developments
9.15. Schlegel und Partner GmbH
9.15.1. Company Overview
9.15.2. Product/Service Landscape
9.15.3. Financial Overview
9.15.4. Recent Developments
The Biofortification Market has been segmented as below:
Biofortification Market, By Crop Type
- Sweet Potato
- Cassava
- Rice
- Corn
- Wheat
- Bean
- Pearl Millet
- Others
Biofortification Market, By Target Nutrient
- Zinc
- Iron
- Vitamins
- Others
Biofortification Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Biofortification Market, By Company
- ArborGen Inc
- Arcadia Biosciences
- BASF SE
- Okanagan Specialty Fruits Inc
- BioAnalyt GmbH
- Charles River Laboratories, Inc.
- Church & Dwight Co.
- Corteva, Inc
- DuPont de Nemours, Inc.
- Maharashtra Hybrid Seeds Co.
- HarvestPlus
- INTERMAG sp. z o.o.
- Intertek Group plc
- Intrexon Corporation
- Schlegel und Partner GmbH
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Biofortification Market?
The market is expected to grow at a CAGR of 8.5% during the study period (2023-2028)
How big is the Biofortification Market value?
The Biofortification Market is expected to be around US$ 262 million by 2028
What is the segment’s covered for the Biofortification Market?
The segment included in Biofortification Market is Crop Type, Target Nutrient and region.
Who are the major key vendors in the Biofortification Market?
Some key players operating in the Biofortification Market include ArborGen Inc, Arcadia Biosciences, BASF SE, Okanagan Specialty Fruits Inc, BioAnalyt GmbH, Charles River Laboratories, Inc., Church & Dwight Co., Corteva, Inc
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