What is the Projected Growth of the Global Genetically Modified Animal Products Market?
The genetically modified animal products market size, which has seen rapid growth recently, is projected to go up from $0.04 billion in 2024 to $0.04 billion in 2025, at a CAGR of 12.2%. This growth is mainly fueled by increased food demand, improved livestock productivity, nutritional enhancement, efficiency in feed conversion, and a reduced environmental impact.
The market size is also forecasted to witness a significant surge in the coming years, growing to $0.07 billion in 2029 at a CAGR of 12.7%. The growth drivers in the forecast period include climate change mitigation, a shift towards sustainable agriculture, improved disease resistance, regulatory support, and biopharmaceutical production. Key trends for the period entail research in functional foods, genetically modified aquatic species, nutritional enrichment, ethical considerations and animal welfare, and global research collaborations.
Get Your Free Sample of The Global Genetically Modified Animal Products Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9227&type=smp
What Factors are Spearheading the Genetically Modified Animal Products Market Growth?
The surge in bioengineered food production significantly contributes to the growth of the genetically modified animal products market. Bioengineering in food production involves genetic manipulation to produce desired traits such as increased yield or resistance to pests. Applicable to food crops and animals used for food, bioengineered foods offer a potential solution to meeting increased food demand and addressing food security and sustainability issues. According to a 2022 report by the United States Department of Agriculture, over 90% of corn, upland cotton, and soybeans grown in the US are genetically modified varieties, categorized as herbicide-tolerant, insect-resistant, or stacked varieties combining both traits.
What are the Key Segments within the Genetically Modified Animal Products Market?
1) By Form: Pellets, Crumbles, Mash, Meal Or Cake
2) By Feed Type: Roughages, Concentrates
3) By Trait: Herbicide Tolerance, Insect Resistance, Stacked Traits
For swift delivery of the market report, Order Now:
https://www.thebusinessresearchcompany.com/report/genetically-modified-animal-products-global-market-report
Who are the Leading Companies in the Genetically Modified Animal Products Market?
Major players operating in this market include Bayer AG, Syngenta AG, Pioneer Hi-Bred International Inc., Dow Inc., Monsanto Company, BASF SE, Corteva Inc., J.R. Simplot Company, Okanagan Specialty Fruits Inc., Klein Wanzlebener Saatzucht SE & Co. KGaA, Stine Seed Company, Biocytogen Pharmaceuticals (Beijing) Co. Ltd., Sakata Seed America Inc., AquaBounty Technologies Inc., Genus plc, Recombinetics Inc., Trans Ova Genetics LC, Revivicor Inc., ViaGen Pets, and Taconic Biosciences Inc.
What Innovations are Shaping the Genetically Modified Animal Products Market Landscape?
A notable trend in the market is product innovation. Major companies are introducing innovative genetically modified animals and products to strengthen their market position. For example, in May 2023, Washington State University (WSU) announced that US Food and Drug Administration (FDA) has approved German-style sausages made from gene-edited pigs for human consumption. Gene editing, done using CRISPR technology, helps improve meat quality and livestock resilience, marking a significant advancement in food safety and biotechnology.
Which Region is Expected to Lead in the Genetically Modified Animal Products Market?
North America had the largest share of the genetically modified animal products market in 2024. The other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Genetically Modified Animal Products Market Report 2025 Offer?
Genetically modified animal products refer to food products derived from animals that have been genetically altered for traits such as faster growth, more milk or egg production, or disease resistance. The Genetically Modified Animal Products Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9227
About The Business Research Company
Learn more about The Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering detailed research and insights. Armed with 1,500,000 datasets, the well-rounded contributions of in-depth secondary research, and unique insights from industry leaders enable informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
No prefixes, no suffixes, stay connected with us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
