According to the recent research report titled ‘Global Food Biotechnology Market Size By Type (Transgenic, Synthetic Biology Derived Products), By Application (Animals, Plants) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Israel, France, Italy, Spain, Russia, Poland, Sweden, China, India, Japan, South Korea, Australia, Brazil, Mexico, Argentina, Chile, Saudi Arabia, UAE, South Africa, Turkey), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’ available with MarketStudyReport, global food biotechnology market is expected to showcase lucrative expansion trends by 2025.

The major factors influencing the global food biotechnology market growth are the rise in technological advancements, increasing population, growing concerns of food insecurity, and increasing demand for processed food items.

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Evolving dietary patterns, rapid expansion of the food & beverage sector, growing middle-class population, and focus towards consuming high-quality food products are also adding traction to the overall market size.

The global food biotechnology marketplace is segmented based on product type, application type, and regional analysis. The product segment is further divided into synthetic biology derived and transgenic products. The transgenic crop is estimated to record 9% CAGR by 2025 due to the reduced application of chemical inputs, low labor & production cost, and improving economic conditions.

The regional landscape of the global food biotechnology industry involves the Middle East & Africa, Latin America, North America, Europe, and the Asia Pacific. North America held 29% market share in 2018 and is predicted to grow steadily during the forecast duration, given the rising demand for packaged and processed food products and widespread adoption of busy lifestyles.

The competitive landscape of global food biotechnology market involves companies such as Camson Bio Technologies Ltd., AquaBounty Technologies, Dow AgroSciences LLC, BASF Searcadia Biosciences, BDF Ingredients Zuchem, Bayer Crop Science AG, ABS Global, Vilmorin & Cie, Evogene Ltd., Syngenta AG, and Monsanto.