Biofortification Market Forecast to 2027 - Agro Biosciences Inc., BASF SE, Bayer AG, Charles River, HarvestPlus, Intertek Group plc, Lemnatec, LemnaTec GmbH

Biofortification is the process of breeding crops to increase their nutritional value. Biofortification is done through conventional selective breeding, or through genetic engineering. Biofortification differs from ordinary fortification as it focuses on making plant foods more nutritious as the plants are growing, rather than having nutrients added to the foods when they are being processed. Biofortification, or the development of micronutrient-dense staple crops through traditional breeding technologies and modern biotechnology, can potentially increase the nutritional value of crops and benefit people across the globe who suffer from micronutrient deficiency.

The biofortification market has witnessed significant growth owing to factors such as an increase in capital funding for agronomic activities and technological advancements and growing use of biofortification in yields such as beans, wheat, corn, sweet potato, cassava, rice, and pearl millet. Biofortification is inexpensive, and the costs of the implementation of cultivating biofortified foods are negligible. These factors help boost the growth of the biofortification market. However, restriction on the production of genetically modified crops is projected to hamper the overall growth of the biofortification market.

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The List of Companies
1. Agro Biosciences Inc.
2. BASF SE
3. Bayer AG
4. Charles River
5. HarvestPlus
6. Intertek Group plc
7. Lemnatec
8. LemnaTec GmbH
9. Monsanto Company
10. Syngenta

The latest research report on the “Biofortification Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the Biofortification market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Biofortification market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Biofortification Market in order to help decision makers with various strategic insights and future outlook. The Biofortification market is expected to witness continued growth during the forecast period from 2020 to 2027.

This is a professional and in-depth study on the current state of the Biofortification Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Biofortification Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

The report focuses on global major leading Biofortification Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

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Reasons to Buy

• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global Biofortification market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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