Biofortification Market by Crop, Target Nutrient, and Region - 2023

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MarketsandMarkets Presents
Biofortification Market - Forecast to
2023 https//www.marketsandmarkets.com/Market-Repo
rts/biofortification-market-38080924.html

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The report "Biofortification Market by Crop
(Sweet Potato, Cassava, Rice, Corn, Wheat, Beans,
and Pearl Millet), Target Nutrient (Zinc, Iron,
and Vitamins), and Region (Latin America, Africa,
and Asia Pacific) - Global Forecast to 2023 ", is
estimated at USD 78 million in 2018, and it is
projected to grow at a CAGR of 8.6 from 2018 to
reach USD 118 million by 2023. Biofortified crops
are usually sweet potato, cassava, rice, corn,
wheat, beans, pearl millet, and other crops such
as tomato, banana, sorghum, and barley. The
growth of the biofortification market is driven
by the rising demand for high nutritional content
in food. Browse 31 market data Tables and 32
Figures spread through 101 Pages and in-depth TOC
on "Biofortification Market - Global Forecast to
2023 Asia Pacific to be the dominant region in
the biofortification market in 2018 The Asia
Pacific is the dominant region in the
biofortification market. Biofortification of
crops has strong growth potential in agriculture,
and it also improves the nutrition content in
food. The biofortification market has grown
considerably over the last five years, and this
trend is expected to continue in the near future.
The growing consumer demand for high nutritional
content in food is projected to fuel the demand
for biofortified crops, globally. Since the last
decade, many countries in the Asia Pacific region
have banned the usage of GM technology, and the
researchers are opting to adopt biofortified
crops as a key to unlock the regions food
production. Download PDF Brochure
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• Report Objectives
• To define, segment, and project the global market
  size for biofortification
• To understand the structure of the
  biofortification market by identifying its
  various subsegments
• To provide detailed information about the key
  factors influencing the growth of the market
  (drivers, restraints, opportunities, and
  industry-specific challenges)
• To analyze the micromarkets with respect to
  individual growth trends, future prospects, and
  their contribution to the total market
• To project the size of the market and its
  submarkets, in terms of value, with respect to
  the regions (along with their respective key
  countries)
• To profile key players and comprehensively
  analyze their core competencies
• To understand the competitive landscape and
  identify major growth strategies adopted by
  players across key regions
• Secondary Research
• In the secondary research process, various
  secondary sources such as Hoovers, Bloomberg
  BusinessWeek, and Dun Bradstreet were referred
  to, in order to identify and collect information
  for this study. These secondary sources included
  annual reports, press releases investor
  presentations of companies, white papers,
  certified publications, articles by recognized
  authors, gold silver standard websites, food
  safety organizations, regulatory bodies, trade
  directories, and databases.
• Request for sample Pages https//www.marketsandma
  rkets.com/requestsampleNew.asp?id38080924

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The iron segment is estimated to account for the
largest share in the biofortification market in
2018 On the basis of target nutrient, the
biofortification market has been segmented into
iron, zinc, vitamins, and others such as
â-carotene, amino acids, and proteins. The iron
segment is estimated to account for the largest
share in 2018. Iron is a micronutrient which is
required by plants in lesser amounts than primary
or secondary micronutrients. It is a constituent
of several enzymes and some pigments and assists
in nitrate and sulfate reduction and energy
production within the plant.  Biofortification
aims to increase the nutrient levels in crops
during plant growth rather than through manual
means during crop processing. Sweet potato
segment to dominate the biofortification market,
by crop, in 2018 The sweet potato segment is
estimated to hold the largest share of the global
biofortification market in 2018. The demand for
biofortified crops such as sweet potato and
cassava has increased with the rising
technological advancements to increase the
nutrient content, particularly in orange-fleshed
sweet potato (OFSP). Sweet potato is recognized
as an important source of energy in the human
diet for centuries owing to its high carbohydrate
content. However, its vitamin A content from
carotene only became recognized over the past
century. This report includes a study of
marketing and development strategies along with
the product portfolios of the leading companies
in the biofortification market. It also includes
the profiles of leading companies such as Bayer
(Germany), Syngenta (Switzerland), Monsanto (US),
and DowDuPont (US). Make an Inquiry
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uyingNew.asp?id38080924  
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• Available Customizations
• Based on the given market data, MarketsandMarkets
  offers customizations in the reports as per the
  clients specific requirements. The available
  customization options are as follows
• Product Analysis
• Product matrix, which gives a detailed comparison
  of the product portfolio of each company
• Regional Analysis
• Further breakdown of the Rest of Asia Pacific
  products market into Myanmar, Cambodia, and the
  Philippines  
• Further breakdown of the African products market
  into DR Congo, Nigeria, Ghana, Malawi, and Rest
  of Africa
• Company Information
• Detailed analysis and profiling of additional
  market players (up to five)
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id38080924

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