Global Bioengineered Food Market Predicted to Reach $62.69 Billion, Expanding at 10.5% CAGR Through 2030
The bioengineered food market size is expected to see rapid growth in the next few years. It will grow to $62.69 billion in 2030 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to growing demand for climate-resilient crops, rising focus on food security, expansion of precision breeding technologies, increasing investments in alternative protein development, broader acceptance of bioengineered food products. Major trends in the forecast period include increasing adoption of crispr-based crop development, rising focus on nutritional trait enhancement, growing deployment of cellular agriculture techniques, expansion of bioengineered food commercialization, enhanced emphasis on yield stability.
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What Are the Major Drivers Propelling the Growth of the Bioengineered Food Market?
The growing demand for sustainable agricultural practices is expected to propel the growth of the bioengineered food market going forward. Sustainable agricultural practices involve farming techniques that fulfill present food and fiber requirements while ensuring future generations. The demand for sustainable agricultural practices is due to increasing concerns about environmental degradation, the need to preserve biodiversity, and the push for food security amid climate change challenges. Sustainable agricultural practices help support and enhance the use of bioengineered food by promoting environmentally friendly, efficient, and resource-conscious food production methods. For instance, in May 2023, according to the Organic Trade Association, a US based advocacy group, U.S. sales of certified organic products reached US$ 69.7 billion, up 3.4% vs 2022. Therefore, the growing demand for sustainable agricultural practices is driving the growth of the bioengineered food market.
Which Key Segments Are Included in the Bioengineered Food Market Analysis?
The bioengineered food market covered in this report is segmented –
1) By Product Type: Vegetables, Fruits, Crops, Other Product Types
2) By Type Of Modification: Cellular Agriculture, Genetic Modification
3) By Technology: Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR), Tissue Culture
4) By Trait: Disease Resistance, Herbicide Tolerance, Insect Resistance, Nutritional Enhancement
5) By Application: Food And Beverage, Animal Feed, Pharmaceuticals, Other Applications
Subsegments:
1) By Vegetables: Genetically Modified (GM) Tomatoes, GM Eggplant, GM Potatoes, GM Peppers
2) By Fruits: GM Apples, GM Bananas, GM Strawberries
3) By Crops: GM Soybeans, GM Cotton, GM Rice, GM Canola
4) By Other Product Types: Bioengineered Meat, Bioengineered Dairy Products, Bioengineered Grains
Which Future-Ready Trends Are Expected to Influence the Bioengineered Food Market?
Major companies operating in the bioengineered food market are focused on developing advanced products, such as transgenic insect-resistant food, to improve crop yields while promoting sustainable agricultural practices. Transgenic insect-resistant food consists of crops that have been genetically modified to incorporate genes granting resistance to insect pests. This innovation aims to decrease the dependence on chemical insecticides, boost crop protection, and enhance yields by increasing plants' resilience to pests. For instance, in January 2024, the Federal Government of Nigeria authorized the commercial launch of TELA maize varieties. This maize variety, including SAMMAZ 72T, SAMMAZ 73T, SAMMAZ 74T, and SAMMAZ 75T, is engineered to resist major pests such as stemborer and fall armyworm. These varieties are drought-tolerant, making them ideal for regions with fluctuating rainfall. They can yield up to 10 tons per hectare under optimal conditions, surpassing the national average of 6 tons for similar hybrids. It is adaptable to rain forests, guinea, and Sudan savannas, and they aim to mitigate maize production losses due to pests. This innovation has the potential to save millions of metric tons of maize, supporting food security across Africa.
Who Are the Leading Market Participants in the Bioengineered Food Market?
Major companies operating in the bioengineered food market are BASF SE, Bayer AG, Syngenta AG, Corteva Agriscience, DuPont de Nemours Inc., J.R. Simplot Corp., Sakata Seed Corporation, International Rice Research Institute, Rothamsted Research, Okanagan Specialty Fruits Inc., GreenVenus LLC, AquaBounty Technologies Inc., Calyxt Inc., Nuseed Global, Norfolk Healthy Produce, Monsanto (Bayer Crop Science), KWS SAAT SE, Dow AgroSciences, Pairwise, Arcadia Biosciences
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Which Regions Are Driving the Highest Demand in the Bioengineered Food Market?
North America was the largest region in the bioengineered food market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bioengineered food market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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