Global Genetically Modified Feed Market

Report ID : 1463 | Published : 2022-11-23 | Pages: | Format: PDF/EXCEL

The market size of the Global Genetically Modified Feed Market in the year 2021 is valued at 91.49 billion and is predicted to reach 152.94 billion by the year 2030 at an 6.08% CAGR during the forecast period.

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.

Market Segmentation:

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).

Based on the source, the crop segment is a significant contributor to the genetically modified feed market.

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 witnessed growth at a rapid rate.

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 holds a significant regional revenue share.

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.

Competitive Landscape

Some major key players in the genetically modified feed market are Bayer AG, Syngenta, DuPont, Dow, Monsanto, BASF, Corteva Agriscience, J.R. Simplot Company, Okanagan Specialty Fruits Inc

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Genetically Modified Feed Market Snapshot

Chapter 4. Global Genetically Modified Feed Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Source Estimates & Trend Analysis

5.1. by Source & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Source:

5.2.1. Crops

5.2.1.1. Corn

5.2.1.2. Soybean

5.2.1.3. Cottonseed

5.2.1.4. Canola

5.2.1.5. Alfalfa

5.2.1.6. Others

5.2.2. Fruits & Vegetables

5.2.2.1. Papaya

5.2.2.2. Potato

5.2.2.3. Eggplant

5.2.2.4. Others

Chapter 6. Market Segmentation 2: by Form Estimates & Trend Analysis

6.1. by Form & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Form:

6.2.1. Pellets

6.2.2. Crumbles

6.2.3. Mash

6.2.4. Meal/Cake

Chapter 7. Market Segmentation 3: by Feed Type Estimates & Trend Analysis

7.1. by Feed Type & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Feed Type:

7.2.1. Roughages

7.2.2. Concentrates

Chapter 8. Market Segmentation 4: by Application Estimates & Trend Analysis

8.1. by Application & Market Share, 2019 & 2030

8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Application:

8.2.1. Poultry

8.2.1.1. Layer

8.2.1.2. Broiler

8.2.1.3. Turkey

8.2.1.4. Others

8.2.2. Swine

8.2.2.1. Grower

8.2.2.2. Starter

8.2.2.3. Sow

8.2.3. Cattle

8.2.4. Dairy

8.2.4.1. Calf

8.2.4.2. Others

8.2.5. Aquaculture

8.2.5.1. Carp

8.2.5.2. Trout

8.2.5.3. Salmon

8.2.5.4. Shrimp

8.2.5.5. Others

8.2.6. Pet food

8.2.6.1. Dogs

8.2.6.2. Cats

8.2.6.3. Birds

8.2.6.4. Fish

8.2.7. Equine

8.2.8. Others

Chapter 9. Genetically Modified Feed Market Segmentation 5: Regional Estimates & Trend Analysis

9.1. North America

9.1.1. North America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

9.1.2. North America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

9.1.3. North America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Feed Type, 2022-2030

9.1.4. North America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.1.5. North America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.2. Europe

9.2.1. Europe Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

9.2.2. Europe Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

9.2.3. Europe Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Feed Type, 2022-2030

9.2.4. Europe Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.2.5. Europe Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.3. Asia Pacific

9.3.1. Asia Pacific Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

9.3.2. Asia Pacific Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

9.3.3. Asia-Pacific Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Feed Type, 2022-2030

9.3.4. Asia-Pacific Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.3.5. Asia Pacific Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.4. Latin America

9.4.1. Latin America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

9.4.2. Latin America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

9.4.3. Latin America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Feed Type, 2022-2030

9.4.4. Latin America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.4.5. Latin America Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.5. Middle East & Africa

9.5.1. Middle East & Africa Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

9.5.2. Middle East & Africa Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

9.5.3. Middle East & Africa Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Feed Type, 2022-2030

9.5.4. Middle East & Africa Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.5.5. Middle East & Africa Genetically Modified Feed Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

Chapter 10. Competitive Landscape

10.1. Major Mergers and Acquisitions/Strategic Alliances

10.2. Company Profiles

10.2.1. Bayer AG

10.2.2. Syngenta

10.2.3. DuPont

10.2.4. Dow

10.2.5. Monsanto

10.2.6. BASF

10.2.7. Corteva Agriscience

10.2.8. J.R. Simplot Company

10.2.9. Okanagan Specialty Fruits Inc

10.2.10. Other Prominent Players

By Source

  • Crops
    • Corn
    • Soybean
    • Cottonseed
    • Canola
    • Alfalfa
    • Others
  • Fruits & Vegetables
    • Papaya
    • Potato
    • Eggplant
    • Others

By Form

  • Pellets
  • Crumbles
  • Mash
  • Meal/Cake

By Feed Type

  • Roughages
  • Concentrates

By Application

  • Poultry
    • Layer
    • Broiler
    • Turkey
    • Others
  • Swine
    • Grower
    • Starter
    • Sow
  • Cattle
  • Dairy
    • Calf
    • Others
  • Aquaculture
    • Carp
    • Trout
    • Salmon
    • Shrimp
    • Others
  • Pet food
    • Dogs
    • Cats
    • Birds
    • Fish
  • Equine
  • Others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa

Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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