Global Biofortification Supply, Demand and Key Producers, 2023-2029

Description

“Biological fortification” or “biofortification” refers to nutritionally enriched food crops with improved bioavailability to the human population which is developed and grown using the modern biotechnology techniques, agronomic practices and conventional plant breeding. The biofortified food crops, mainly cereals, legumes, fruits and vegetables are offering sufficient level of micronutrients to the targeted populations.

This report studies the global Biofortification demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Biofortification, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Biofortification that contribute to its increasing demand across many markets.

The global Biofortification market size is expected to reach $ 97.7 million by 2029, rising at a market growth of 4.7% CAGR during the forecast period (2023-2029).

On the basis of crop, the market is segmented into cereals, legumes, root vegetables, vegetables, fruits and others. On the basis of targeted nutrients, the market is segmented iron, zinc, vitamins, amino acid and others.

Highlights and key features of the study
Global Biofortification total market, 2018-2029, (USD Million)
Global Biofortification total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Biofortification total market, key domestic companies and share, (USD Million)
Global Biofortification revenue by player and market share 2018-2023, (USD Million)
Global Biofortification total market by Target Nutrient, CAGR, 2018-2029, (USD Million)
Global Biofortification total market by Crop, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Biofortification market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Syngenta, Bayer, BASF, DowDuPont, Monsanto, Charles River, LemnaTec, Intertek and Church and Dwight, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Biofortification market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Target Nutrient, and by Crop. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Biofortification Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Biofortification Market, Segmentation by Target Nutrient
    Zinc
    Iron
    Vitamins
    Others

Global Biofortification Market, Segmentation by Crop
    Sweet Potato
    Cassava
    Rice
    Corn
    Wheat
    Beans
    Pearl Millet
    Others

Companies Profiled:
    Syngenta
    Bayer
    BASF
    DowDuPont
    Monsanto
    Charles River
    LemnaTec
    Intertek
    Church and Dwight

Key Questions Answered
1. How big is the global Biofortification market?
2. What is the demand of the global Biofortification market?
3. What is the year over year growth of the global Biofortification market?
4. What is the total value of the global Biofortification market?
5. Who are the major players in the global Biofortification market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Biofortification Introduction
    1.2 World Biofortification Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Biofortification Total Market by Region (by Headquarter Location)
        1.3.1 World Biofortification Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Biofortification Market Size (2018-2029)
        1.3.3 China Biofortification Market Size (2018-2029)
        1.3.4 Europe Biofortification Market Size (2018-2029)
        1.3.5 Japan Biofortification Market Size (2018-2029)
        1.3.6 South Korea Biofortification Market Size (2018-2029)
        1.3.7 ASEAN Biofortification Market Size (2018-2029)
        1.3.8 India Biofortification Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Biofortification Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Biofortification Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Biofortification Consumption Value (2018-2029)
    2.2 World Biofortification Consumption Value by Region
        2.2.1 World Biofortification Consumption Value by Region (2018-2023)
        2.2.2 World Biofortification Consumption Value Forecast by Region (2024-2029)
    2.3 United States Biofortification Consumption Value (2018-2029)
    2.4 China Biofortification Consumption Value (2018-2029)
    2.5 Europe Biofortification Consumption Value (2018-2029)
    2.6 Japan Biofortification Consumption Value (2018-2029)
    2.7 South Korea Biofortification Consumption Value (2018-2029)
    2.8 ASEAN Biofortification Consumption Value (2018-2029)
    2.9 India Biofortification Consumption Value (2018-2029)

3 World Biofortification Companies Competitive Analysis
    3.1 World Biofortification Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Biofortification Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Biofortification in 2022
        3.2.3 Global Concentration Ratios (CR8) for Biofortification in 2022
    3.3 Biofortification Company Evaluation Quadrant
    3.4 Biofortification Market: Overall Company Footprint Analysis
        3.4.1 Biofortification Market: Region Footprint
        3.4.2 Biofortification Market: Company Product Type Footprint
        3.4.3 Biofortification Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Biofortification Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Biofortification Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Biofortification Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Biofortification Consumption Value Comparison
        4.2.1 United States VS China: Biofortification Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Biofortification Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Biofortification Companies and Market Share, 2018-2023
        4.3.1 United States Based Biofortification Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Biofortification Revenue, (2018-2023)
    4.4 China Based Companies Biofortification Revenue and Market Share, 2018-2023
        4.4.1 China Based Biofortification Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Biofortification Revenue, (2018-2023)
    4.5 Rest of World Based Biofortification Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Biofortification Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Biofortification Revenue, (2018-2023)

5 Market Analysis by Target Nutrient
    5.1 World Biofortification Market Size Overview by Target Nutrient: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Target Nutrient
        5.2.1 Zinc
        5.2.2 Iron
        5.2.3 Vitamins
        5.2.4 Others
    5.3 Market Segment by Target Nutrient
        5.3.1 World Biofortification Market Size by Target Nutrient (2018-2023)
        5.3.2 World Biofortification Market Size by Target Nutrient (2024-2029)
        5.3.3 World Biofortification Market Size Market Share by Target Nutrient (2018-2029)

6 Market Analysis by Crop
    6.1 World Biofortification Market Size Overview by Crop: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Crop
        6.2.1 Sweet Potato
        6.2.2 Cassava
        6.2.3 Rice
        6.2.4 Corn
        6.2.5 Corn
        6.2.6 Beans
        6.2.7 Pearl Millet
        6.2.8 Others
    6.3 Market Segment by Crop
        6.3.1 World Biofortification Market Size by Crop (2018-2023)
        6.3.2 World Biofortification Market Size by Crop (2024-2029)
        6.3.3 World Biofortification Market Size by Crop (2018-2029)

7 Company Profiles
    7.1 Syngenta
        7.1.1 Syngenta Details
        7.1.2 Syngenta Major Business
        7.1.3 Syngenta Biofortification Product and Services
        7.1.4 Syngenta Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 Syngenta Recent Developments/Updates
        7.1.6 Syngenta Competitive Strengths & Weaknesses
    7.2 Bayer
        7.2.1 Bayer Details
        7.2.2 Bayer Major Business
        7.2.3 Bayer Biofortification Product and Services
        7.2.4 Bayer Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 Bayer Recent Developments/Updates
        7.2.6 Bayer Competitive Strengths & Weaknesses
    7.3 BASF
        7.3.1 BASF Details
        7.3.2 BASF Major Business
        7.3.3 BASF Biofortification Product and Services
        7.3.4 BASF Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 BASF Recent Developments/Updates
        7.3.6 BASF Competitive Strengths & Weaknesses
    7.4 DowDuPont
        7.4.1 DowDuPont Details
        7.4.2 DowDuPont Major Business
        7.4.3 DowDuPont Biofortification Product and Services
        7.4.4 DowDuPont Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 DowDuPont Recent Developments/Updates
        7.4.6 DowDuPont Competitive Strengths & Weaknesses
    7.5 Monsanto
        7.5.1 Monsanto Details
        7.5.2 Monsanto Major Business
        7.5.3 Monsanto Biofortification Product and Services
        7.5.4 Monsanto Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 Monsanto Recent Developments/Updates
        7.5.6 Monsanto Competitive Strengths & Weaknesses
    7.6 Charles River
        7.6.1 Charles River Details
        7.6.2 Charles River Major Business
        7.6.3 Charles River Biofortification Product and Services
        7.6.4 Charles River Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 Charles River Recent Developments/Updates
        7.6.6 Charles River Competitive Strengths & Weaknesses
    7.7 LemnaTec
        7.7.1 LemnaTec Details
        7.7.2 LemnaTec Major Business
        7.7.3 LemnaTec Biofortification Product and Services
        7.7.4 LemnaTec Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 LemnaTec Recent Developments/Updates
        7.7.6 LemnaTec Competitive Strengths & Weaknesses
    7.8 Intertek
        7.8.1 Intertek Details
        7.8.2 Intertek Major Business
        7.8.3 Intertek Biofortification Product and Services
        7.8.4 Intertek Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 Intertek Recent Developments/Updates
        7.8.6 Intertek Competitive Strengths & Weaknesses
    7.9 Church and Dwight
        7.9.1 Church and Dwight Details
        7.9.2 Church and Dwight Major Business
        7.9.3 Church and Dwight Biofortification Product and Services
        7.9.4 Church and Dwight Biofortification Revenue, Gross Margin and Market Share (2018-2023)
        7.9.5 Church and Dwight Recent Developments/Updates
        7.9.6 Church and Dwight Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Biofortification Industry Chain
    8.2 Biofortification Upstream Analysis
    8.3 Biofortification Midstream Analysis
    8.4 Biofortification Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Biofortification Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Biofortification Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Biofortification Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Biofortification Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Biofortification Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Biofortification Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Biofortification Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Biofortification Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Biofortification Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Biofortification Players in 2022
    Table 12. World Biofortification Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Biofortification Company Evaluation Quadrant
    Table 14. Head Office of Key Biofortification Player
    Table 15. Biofortification Market: Company Product Type Footprint
    Table 16. Biofortification Market: Company Product Application Footprint
    Table 17. Biofortification Mergers & Acquisitions Activity
    Table 18. United States VS China Biofortification Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Biofortification Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Biofortification Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Biofortification Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Biofortification Revenue Market Share (2018-2023)
    Table 23. China Based Biofortification Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Biofortification Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Biofortification Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Biofortification Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Biofortification Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Biofortification Revenue Market Share (2018-2023)
    Table 29. World Biofortification Market Size by Target Nutrient, (USD Million), 2018 & 2022 & 2029
    Table 30. World Biofortification Market Size by Target Nutrient (2018-2023) & (USD Million)
    Table 31. World Biofortification Market Size by Target Nutrient (2024-2029) & (USD Million)
    Table 32. World Biofortification Market Size by Crop, (USD Million), 2018 & 2022 & 2029
    Table 33. World Biofortification Market Size by Crop (2018-2023) & (USD Million)
    Table 34. World Biofortification Market Size by Crop (2024-2029) & (USD Million)
    Table 35. Syngenta Basic Information, Area Served and Competitors
    Table 36. Syngenta Major Business
    Table 37. Syngenta Biofortification Product and Services
    Table 38. Syngenta Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. Syngenta Recent Developments/Updates
    Table 40. Syngenta Competitive Strengths & Weaknesses
    Table 41. Bayer Basic Information, Area Served and Competitors
    Table 42. Bayer Major Business
    Table 43. Bayer Biofortification Product and Services
    Table 44. Bayer Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. Bayer Recent Developments/Updates
    Table 46. Bayer Competitive Strengths & Weaknesses
    Table 47. BASF Basic Information, Area Served and Competitors
    Table 48. BASF Major Business
    Table 49. BASF Biofortification Product and Services
    Table 50. BASF Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. BASF Recent Developments/Updates
    Table 52. BASF Competitive Strengths & Weaknesses
    Table 53. DowDuPont Basic Information, Area Served and Competitors
    Table 54. DowDuPont Major Business
    Table 55. DowDuPont Biofortification Product and Services
    Table 56. DowDuPont Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. DowDuPont Recent Developments/Updates
    Table 58. DowDuPont Competitive Strengths & Weaknesses
    Table 59. Monsanto Basic Information, Area Served and Competitors
    Table 60. Monsanto Major Business
    Table 61. Monsanto Biofortification Product and Services
    Table 62. Monsanto Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. Monsanto Recent Developments/Updates
    Table 64. Monsanto Competitive Strengths & Weaknesses
    Table 65. Charles River Basic Information, Area Served and Competitors
    Table 66. Charles River Major Business
    Table 67. Charles River Biofortification Product and Services
    Table 68. Charles River Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. Charles River Recent Developments/Updates
    Table 70. Charles River Competitive Strengths & Weaknesses
    Table 71. LemnaTec Basic Information, Area Served and Competitors
    Table 72. LemnaTec Major Business
    Table 73. LemnaTec Biofortification Product and Services
    Table 74. LemnaTec Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. LemnaTec Recent Developments/Updates
    Table 76. LemnaTec Competitive Strengths & Weaknesses
    Table 77. Intertek Basic Information, Area Served and Competitors
    Table 78. Intertek Major Business
    Table 79. Intertek Biofortification Product and Services
    Table 80. Intertek Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 81. Intertek Recent Developments/Updates
    Table 82. Church and Dwight Basic Information, Area Served and Competitors
    Table 83. Church and Dwight Major Business
    Table 84. Church and Dwight Biofortification Product and Services
    Table 85. Church and Dwight Biofortification Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 86. Global Key Players of Biofortification Upstream (Raw Materials)
    Table 87. Biofortification Typical Customers
List of Figure
    Figure 1. Biofortification Picture
    Figure 2. World Biofortification Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Biofortification Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Biofortification Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Biofortification Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Biofortification Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Biofortification Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Biofortification Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Biofortification Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Biofortification Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Biofortification Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Biofortification Revenue (2018-2029) & (USD Million)
    Figure 13. Biofortification Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Biofortification Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Biofortification Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Biofortification by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Biofortification Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Biofortification Markets in 2022
    Figure 27. United States VS China: Biofortification Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Biofortification Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Biofortification Market Size by Target Nutrient, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Biofortification Market Size Market Share by Target Nutrient in 2022
    Figure 31. Zinc
    Figure 32. Iron
    Figure 33. Vitamins
    Figure 34. Others
    Figure 35. World Biofortification Market Size Market Share by Target Nutrient (2018-2029)
    Figure 36. World Biofortification Market Size by Crop, (USD Million), 2018 & 2022 & 2029
    Figure 37. World Biofortification Market Size Market Share by Crop in 2022
    Figure 38. Sweet Potato
    Figure 39. Cassava
    Figure 40. Rice
    Figure 41. Corn
    Figure 42. Wheat
    Figure 43. Beans
    Figure 44. Pearl Millet
    Figure 45. Others
    Figure 46. Biofortification Industrial Chain
    Figure 47. Methodology
    Figure 48. Research Process and Data Source