Future: The Biofortification Market Poised for Growth (Reaching USD 0.17 Billion by 2032)
Malnutrition remains a significant global challenge, with deficiencies in essential vitamins and minerals impacting billions of people, particularly in developing countries. Biofortification, a powerful approach to improving the nutritional quality of staple crops, is emerging as a key weapon in the fight against hidden hunger.
Biofortification: Engineering Crops for Enhanced Nutrition
Biofortification market is the process of breeding or genetically modifying crops to increase their content of essential micronutrients like vitamin A, iron, zinc, and iodine. These essential nutrients are often lacking in diets, particularly those reliant on staple crops like rice, wheat, and cassava. Biofortified crops offer a sustainable and cost-effective solution to address micronutrient deficiencies, leading to improved public health outcomes.
How Does Biofortification Work?
There are two main approaches to biofortification:
- Conventional Breeding: This method involves crossing crop varieties that naturally contain higher levels of micronutrients to create new, biofortified varieties.
- Biotechnology: Genetic engineering techniques can be used to introduce genes that control the biosynthesis of specific micronutrients into crops.
Benefits of Biofortification: A Multifaceted Impact
Biofortification offers a range of benefits for individuals, communities, and the global food system:
- Improved Public Health: By increasing the micronutrient content of staple crops, biofortification can help combat deficiencies like vitamin A deficiency (causing blindness), iron deficiency anemia, and zinc deficiency (affecting growth and immunity).
- Enhanced Food Security: Biofortified crops contribute to a more secure food system by providing essential nutrients without relying on expensive supplementation programs.
- Sustainable Solution: Biofortification is a long-term, sustainable solution that addresses malnutrition at the source, through the crops people already consume.
- Economic Benefits: Improved health from proper nutrition can lead to increased productivity and economic opportunities for individuals and communities.
Market Growth Drivers: Seeding a Future Free from Hunger
The biofortification market size is anticipated to reach USD 0.17 billion by 2032, driven by several key factors:
- Increased Funding for Innovation: Growing recognition of the importance of biofortification is leading to increased funding from government agencies, philanthropic organizations, and private companies. This funding supports research and development of new biofortified crop varieties.
- Rising Demand for Nutritious Food: Consumers are becoming increasingly aware of the importance of nutrition and are demanding food products that are rich in essential micronutrients. Biofortified crops offer a natural solution to this growing demand.
- Focus on Food Security: With a growing global population, ensuring food security is a critical challenge. Biofortification can contribute to food security by providing essential nutrients through existing food systems.
- Supportive Regulatory Landscape: Governments in some countries are implementing policies and regulations that encourage the development and adoption of biofortified crops.
Market Segmentation: Addressing Diverse Needs
The biofortification market can be segmented by several key factors:
- Crop Type: Biofortification efforts focus on staple crops that are widely consumed in different regions, such as rice, wheat, cassava, maize, and sweet potato.
- Micronutrient Target: Different biofortification efforts target specific micronutrients based on the prevalence of deficiencies in a particular region. For example, vitamin A biofortification is a priority in regions with high rates of blindness.
- Technology Used: The market can be segmented by the type of biofortification technique used, such as conventional breeding or genetic engineering.
Challenges and Considerations: Nurturing a Sustainable Solution
Despite the promising outlook, the biofortification market faces certain challenges:
- Consumer Acceptance: Public education and awareness campaigns are crucial to ensure consumer acceptance of biofortified crops.
- Regulatory Hurdles: Navigating regulatory approval processes for bioengineered crops can be time-consuming and complex.
- Infrastructure and Capacity Building: Developing countries may require technical assistance and infrastructure development to effectively adopt and integrate biofortified crops into their food systems.
Future Trends: A Harvest of Innovation
The future of the biofortification market is expected to be shaped by several exciting trends:
- Next-Generation Biofortification: Research is ongoing to develop crops biofortified with multiple micronutrients, addressing various deficiencies simultaneously.
- Precision Biofortification: Emerging technologies like gene editing offer more precise control over the biofortification process, potentially leading to crops with even higher levels of specific micronutrients.
- Public-Private Partnerships: Collaboration between governments, research institutions, and private companies will
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FEB 27, 2020: The global Artificial Intelligence market size is expected to reach USD 390.9 billion by 2025, according to a new report by Grand View Research, Inc.
Advances in image and voice recognition are driving the growth of the regional market.
Rising prominence of artificial intelligence is enabling new players to venture into the market by offering niche application-specific solutions.
Existing solution providers are innovating their product portfolio to include both hardware and software solutions.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/artificial-intelligence-market/request-sampleNorth America held the dominant share in the global AI market in 2018 thanks to the availability of high government funding, presence of leading players, and strong technical base.
Asia Pacific, however, is anticipated to overtake North America to emerge as the leading regional market by 2025, registering the highest CAGR.
This can be attributed to rapid improvements in information storage capacity, high computing power, and parallel processing, all of which have contributed to the swift uptake of artificial intelligence technology in end-use industries such as automotive and healthcare.AI has the potential to reduce the burden on clinicians and provide an efficient tool to workforces for accomplishing their tasks in a better way.
Global Dairy Alternatives Market is projected to reach USD 35.6 billion by 2024.
The Dairy alternatives-based food and beverages are prepared from dairy-free milk, extracted from several plant-based sources such as soy, rice, almond, coconut, and others.
The dairy alternatives have a robust demand with respect to manufacturing medical food for their lactose-free nature, lactose intolerance ailments.
Moreover, the dairy alternatives offer several benefits such as increasing awareness among people, and as the dairy alternatives products contain vitamin, high calcium, the market will upsurge in the forecast period.
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Dairy alternatives market may be explored by distribution channel as Supermarket, Convenience Retailers, PharmacyAsia-Pacific has been at the forefront with regards to dairy alternatives industry and will continue to rule the roost in the years to come.
Global Smartphone Market Research Report: By Type (Media-Centric (Music, navigation, Gaming, Camera), Entry Level, Performance), By Input Device (Touchscreen, Keypad), By Operating System (Android, iOS, Windows), By Distribution Channel (OEM, Retailers, e-Commerce) — Forecast till 2025Smartphone Market Highlights The global smartphone market size is expected to grow from USD 520.3 billion in 2018 to USD 2297.8 billion by 2025, at a CAGR of 16.4% during the forecast period.
Increasing use of the Internet and the disposable income in developing regions is expected to drive the smartphone market during the forecast period.By type, the smartphone market has been segmented into media-centric smartphones, entry-level smartphones, and performance smartphones.
The media-centric smartphone segment has been sub-segmented into music smartphones, navigation smartphones, gaming smartphones, and camera smartphones.By operating system, the market has been segmented into Android, iOS, and Windows.By distribution channel, the smartphone market has been segmented into OEM, retailer, and e-commerce.By input device, the smartphone market has been segmented into touch screen and keypad.Get Sample@ https://www.marketresearchfuture.com/sample_request/8165Regional AnalysisThe geographical analysis of the smartphone market has been studied for North America, Europe, Asia-Pacific, and the rest of the world.Asia-Pacific is expected to dominate the smartphone market during the forecast period.
The market in Asia-Pacific has been segmented into China, Japan, India, South Korea, and the rest of Asia-Pacific.
Growing population, rich presence of telecom companies, presence of global mobile manufacturers such as Samsung Electronics Co. Ltd, Xiaomi Corporation, and Sony Corporation among others are expected to drive the smartphone market in Asia-Pacific.The market in North America is expected to witness the highest CAGR during the forecast period.
In North-America, Google LLC, Apple Inc., Microsoft Corporation, and CAT are expected to drive the smartphone market.In terms of market size, Europe is expected to hold the third-largest share in the smartphone market.
The data included in this Plastic Antioxidant Market report provides detailed information of the geographic landscape, competitive scenarios and upcoming opportunities in the Industry.
The inclusion of the statistical records in the Plastic Antioxidant Market report helps in authenticating the results that are being presented and thus provide a clear vision and indication to clients in understanding the response of the participants.
Few of the leading organizations’ names are listed here- BASF, Songwon, Adeka Corporation, Solvay, SI Group, Clariant, Sumitomo Chemical, 3V Sigma S.P.A, Dover Chemical Corporation, Everspring Chemical Co., Ltd.,Ampacet Corporation, A.Schulman, Astra Polymers Compounding Co Ltd., Emerald Performance Materials, Evonik, Lanxess, Milliken & Company The global plastic antioxidant market is expected to reach USD 2.39 billion by 2025, from USD 1.68 billion in 2017 growing at a CAGR of 4.2% during the forecast period of 2018 to 2025.Fill Out Details to Receive Sample Report Copy Here @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-plastic-antioxidant-marketMarket Definition: Global Plastic Antioxidant Market Plastic antioxidants are a class of material which protect plastics from thermally and chemically induced oxidation.
Antioxidants have various physical properties such as excellent tensile strength and anti-ageing with impact resistance.
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Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among otherTop Manufacturers Covered in the Report: Some of the major players operating in the global plastic antioxidant market are – BASF, Songwon, Adeka Corporation, Solvay, SI Group, Clariant, Sumitomo Chemical, 3V Sigma S.P.A, Dover Chemical Corporation, Everspring Chemical Co., Ltd.,Ampacet Corporation, A.Schulman, Astra Polymers Compounding Co Ltd., Emerald Performance Materials, Evonik, Lanxess, Milliken & Company, Omnova Solutions Inc., Oxiris Chemicals S.A., Rifra Masterbatches S.P.A., Wells Plastics Ltd, Sakai Chemical Industry Co., Ltd., Shandong Linyi Sunny Wealth Chemicals Co. Focal points covered in this Plastic Antioxidant Market reportThis Plastic Antioxidant Market report provides pin point analysis of the market outlook and later establishes its comparison with current patterns.
