The global demand for Genetically Modified Feed Market is presumed to reach the market size of nearly USD 190.84 MN by 2028 from USD 86.22 MN in 2021 with a CAGR of 10.92% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Thousand Tons in 2021 and forecast to touch XX Thousand Tons by 2028 with a CAGR of XX% during 2022-2028.
Genetically modified (GM) feed refers to food obtained from plants whose DNA has been modified to derive food which is fed to animals. The products differ from GM food, where the direct consumers are mainly humans. The crops that come under GM feed include maize, soybean, canola etc. Genetically modifying important crops helps yield better and resist certain pests and environmental conditions.
Market Dynamics
Major factors propelling the GM feed market include strong growth in the animal feed industry and constantly developing global food demand. In addition, changing consumer preference toward meat-based products positively impacts the market. However, stringent government regulations on using non-GMO crops in food processing may challenge market players.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of genetically modified feed. The growth and trends of Genetically Modified Feed Industry provide a holistic approach to this study.
Market Segmentation
This section of the genetically modified feed market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
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
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
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Genetically Modified Feed market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Genetically Modified Feed Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the genetically modified feed market include DuPont, Dow, BASF, Bayer, Syngenta, and Monsanto. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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