The Genetically Modified Feed Market Size is valued at USD 95.29 Billion in 2023 and is predicted to reach USD 157.71 Billion by the year 2031 at a 6.69 % CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the Report:
Genetically modified feed is those generated from creatures, animals or plants whose genetic structure has been altered so that they no longer appear natural. Genetically modified feed is employed in beverage, food processing, and other industries. Consumer taste preferences, as well as the need for nutritionally dense foods, are positively affecting demand for genetically modified crops. Furthermore, the variety of applications in the food and beverage industry will likely drive the growth of the genetically modified food market. Government restrictions on consuming genetically modified feed or crops are a significant impediment to market growth.
The increased demand for nutrient-dense meals and product innovation propels the genetically modified food business forward. In the coming years, the market's revenue will most likely be driven by research and development of genetically modified feed that will aid in offering a healthy lifestyle. The modification is intended to improve nutritional value and food taste and to reduce allergic reactions to specific food products. These qualities have propelled the market forward over the years and are expected to continue beyond the projection period. Furthermore, severe government limits on pesticides or hazardous, poisonous substances in farm products are expected to propel the market.
The genetically modified feed market is segmented on the crop, route of administration and end-use. Based on crop, the market is segmented into crops {corn, soybean, canola, cottonseed, alfalfa}, fruits & vegetables {papaya, potatoes, eggplant}). Based on form genetically modified feed market is segmented into pellets, crumble, mash, and meal/cake. Based on the feed type, the genetically modified feed market is segmented into roughages and concentrates. Based on application, the market is segmented into poultry {layer, broiler, turkey}, swine {grower, starter, sow}, cattle {calf, dairy}, aquaculture {carp, trout, salmon, shrimp}, pet foods {dogs, cats, birds, fish}, equine).
The market's leading segment is the crop. Farmers' production and adoption of genetically modified crops are essential contributors to global market expansion. Furthermore, reduced pesticide and crop protection agent prices to preserve these crops during farming encourage farmers to adopt GMO crops, encouraging GMO feed outreach.
The poultry segment grabbed the highest revenue share and is estimated to hold that position during the anticipated time. Rising demand for bird-based products in many parts of the world will promote the development of the poultry sector and, as a result, raise demand for poultry feed, facilitating the growth of the poultry application. Rising consumer health consciousness, combined with an increasing preference for protein-rich food products, is primarily driving the poultry industry in India. Furthermore, increased exposure to foreign cuisines, changing consumer dietary habits, and growing acceptance of non-vegetarian or eggetarian diets drive demand for broiler meat and eggs.
The North American genetically modified feed market is expected to register the highest market share in revenue soon. Agriculture is a significant sector in the United States, and maize and soybean crop production is increasing in North America. Furthermore, North America is the world's top exporter of genetically engineered crops. As a result, the market in this region's revenue is expanding. The rising disposable income and a growing population of people interested in the genetically modified feed are driving the growth of the sector in the region. In addition, Asia Pacific is projected to grow rapidly in the global genetically modified feed market. Favorable foreign direct investments, beneficial trade policies in the domestic feed manufacturing industries, and advancements in the agriculture sector are poised to accelerate the region's genetically modified feed market expansion.
| Report Attribute | Specifications |
| Market Size Value In 2023 | USD 95.29 Billion |
| Revenue Forecast In 2031 | USD 157.71 Billion |
| Growth Rate CAGR | CAGR of 6.69 % from 2024 to 2031 |
| Quantitative Units | Representation of revenue in US$ Billion and CAGR from 2024 to 2031 |
| Historic Year | 2019 to 2023 |
| Forecast Year | 2024-2031 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | Source, Application, Form, Feed Type |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
| Competitive Landscape | Bayer AG, Syngenta, DuPont, Dow, Monsanto, BASF, Corteva Agriscience, J.R. Simplot Company, Okanagan Specialty Fruits Inc, others |
| Customization Scope | Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing And Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
By Source
By Form
By Feed Type
By Application
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
Rest of Middle East and Africa
This study employed a multi-step, mixed-method research approach that integrates:
This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.
Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.
Secondary data for the market study was gathered from multiple credible sources, including:
These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.
Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.
Primary interviews for this study involved:
Interviews were conducted via:
Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.
All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.
The data validation process included:
This ensured that the dataset used for modelling was clean, robust, and reliable.
The bottom-up approach involved aggregating segment-level data, such as:
This method was primarily used when detailed micro-level market data were available.
The top-down approach used macro-level indicators:
This approach was used for segments where granular data were limited or inconsistent.
To ensure accuracy, a triangulated hybrid model was used. This included:
This multi-angle validation yielded the final market size.
Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.
Given inherent uncertainties, three scenarios were constructed:
Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.