genetically modified organism (gmo) market size, demand & global opportunity analysis outlook...

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Global Genetically Modified Organism (GMO) Food Market Outlook:

Industry Insights & Opportunity Evaluation,

2015-2021


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Genetically Modified Organism (GMO) Food

Market Overview

Since, times the genetically modified food have been

approved by FDA for the consumption, there has been a

lot of debate over the food for its safety for humans.

Despite of all 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 on

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 global genetically modified organism’s food market

will grow at a compound annual growth rate (CAGR) of

3.2% by the end of 2021. The production of genetically

modified crops will increase from 112million tons in 2015

to 130million tons in the year 2021.

Market Segmentation

By Type

On the basis of type the genetically modified organism’s

food market is segmented into:


Vegetables

Crops

Animal products

Fruits

By Trait

Based on the type of traits, GMO food market is studied

on:

Herbicide Tolerance (HR)

Insect Resistance (IR)

Stacked Traits (ST)

By Region

On the basis of region the genetically modified organism’s

food market can be segregated into:

North America

Latin America

Western And Eastern Europe

Asia-Pacific

Row (Rest Of World)

Growth Drivers and challenges

A global demand for increased production capacity with limited existing resources along-with very less or no use of pesticide is the major factor that is projected to drive the


demand for the GMO food in near future. In addition to this, spiked demand for nutritious food items with long shelf life is yet another reason to help GMO food market to expand in coming 7-8 years of time.

However, genetic pollution creation in the soil is the major setback for GMO food producers; government regulations to be met very strictly to grow GMO food. Further, lack of awareness amongst people and socially not accepted factor are projected to dampen the global genetically modified food market in coming years.

Market Size and Forecast

North America was the largest market for genetically

modified food market in the year 2014. Currently in the

U.S, 86% of corn, 93% of soybean and 90% of cotton are

genetically engineered. However, in Canada only four

kinds of GM crops are grown; corn, soy, canola, sugar beet.

At present, Europe imports approximately 60 GM

products from other countries, especially maize, soy bean,

cotton and sugar beet. In addition to that, Seventeen new

genetically modified food items have been given a green

signal to be imported in Europe. Citing, the reforms in the

region and demand for GMO foods, Europe is expected to

become one of the net imported of the GMO foods in near

future.

Furthermore, in Asia-Pacific region the countries are

witnessing a strong growth in GDP figures in recent years.


India and China are projected to be the emergent countries

for the genetically modified food market.

Key Players

Syngenta Switzerland

Monsanto US

Sakata Japan

Bayer Crop Science Germany

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

North America (U.S., Canada)

Latin America (Mexico, Brazil, Rest of Latin America)

Western and Eastern Europe (Germany, Italy, Spain,

France, U.K, Benelux, Hungary, Rest Of Western

Europe, Russia Poland, Rest of Eastern Europe)

Asia-Pacific (China, India, Singapore, Japan, Australia

& New Zealand & Rest of Asia)

Rest of World

Segmentation

By Type

By Region


Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their

Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in

current dynamic environment.


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