Biofortication Market Global Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2018-2023

WiseGuyReports.Com Publish a New Market Research Report On –“ Biofortication Market Global Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2018-2023”.

Pune, India - October 1, 2019 /MarketersMedia/ —

Biofortication Industry 2019

Description:-

The World Health Organization defines fortification as a practice in which the nutrient content of essential micronutrients such as vitamin and minerals, are surged deliberately. The intention is to provide improved nutrition, accompanied by no adverse effects. In case of biofortification, it is achieved through agronomics techniques, modern biotechnology, and conventional plant breeding. Unlike fortification, in biofortification the nutrient levels are increased during plant growth and not while their processing. The report on the global market of biofortification is developed by proficient analysts those employed strategic methodologies to understand the market. It details factors that are likely to impact the market.

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Top Key players Analysis

Key players operating in global biofortication market, Syngenta, DowDuPont, Bayer, BASF, and Monsanto.

Hidden hunger is the major driving factor for the global biofortification market. As the world population is surging, the need for food production is increasing. But, in this course, the quality of food is declining. This is striking hidden hunger among people where the need to meet their vitamin and mineral deficient is increasing. Additionally, the increase in number of incidences of people suffering from mal-nutrition and increase in the prevalence of chronic disorder are factors that are expected to increase the traction of the market in upward trend. Technological upgradations to back the market expansion.
Governments, across the world, are understanding the immediate need to provide proper nutrition to people to benefit the world economy. Renowned organizations and governments are encouraging research and developmental activities in biofortification by funding. This is another factor that likely to boost the market growth. Despite the prevalence of strong boosters, the market can encounter certain challenges. On the downside, lack of awareness about biofortification likely to hinder its market expansion. It is observed that in certain regions, the restriction of not consuming genetically modified food is likely to resist the growth of the market.

Segmental Overview

The worldwide biofortification market has been studied by segment. These segments are type of crop and target nutrition. Sweet potato, cassava, rice, corn, wheat, beans, pearl millet, corn, and wheat falls under the type of crop segment of the market. Rise in the demand for biofortified crops such as cassava and sweet potato is high and technological advancements making the process of biofortification seamless to benefit the market. Zinc, vitamin, and iron falls under the target nutrition segment of the market. The vitamin segment to gain the highest traction of the market.

Regional Outlook

The biofortification market in the Asia Pacific region projected to grow at higher pace over other regions. This existence of firm agricultural base in APAC marks the strong growth potential for biofortification market. The extensive research and developmental activities in the region is expected to aid the regional market to spearhead.

Industry News

May 2019

The New UK to provide funding for research on bio-fortification to develop smart crops that could aid in the reduction of malnutrition and end global hunger.

February 2019

NutraMaize LLC, a Purdue-affiliated startup in the United States, availed Orange corn, a nutrient fortified naturally selected variety of corn.

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Table Of Contents – Major Key Points

1. Preface

2. Assumptions and Research Methodology

3. Executive Summary

4. Market Overview

5. Global Biofortication Market Analysis and Forecast

6. Global Biofortication Market Analysis and Forecast, By Target Nutrient

7. Global Biofortication Market Analysis and Forecast, By Crop

Continued….

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Source URL: https://marketersmedia.com/biofortication-market-global-segment-analysis-opportunity-assessment-competitive-intelligence-industry-outlook-2018-2023/88924470

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