Food Biotechnology Market Emerging Growth by BASF SE, Bayer Crop Science AG, AquaBounty Technologies, Dow AgroSciences LLC, ABS Global, Arcadia Biosciences, Monsanto
Increasing technological advancements in food industry will drive the food biotechnology market. Shifting consumer focus towards food quality, taste, nutrition and shelf life will support demand for genetically modified plants and animals. Changing climatic conditions and farming loss are expected to support production of genetically modified crops. Growing concern pertaining to usage of pesticides and herbicides for the crop yield will support penetration of innovative technologies over the projected timeframe.
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