Genetically Modified Feed Market is segmented By Crop Type (Corn, Soybean, Cotton, Canola, Alfalfa, Sugar Beet, Others), By Livestock (Poultry, Swine,....
Market Size in USD
CAGR5.3%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.3% |
Market Concentration | Medium |
Major Players | Bayer AG, Syngenta AG, Corteva Agriscience, BASF SE, KWS SAAT SE |
The genetically modified feed market is estimated to be valued at USD 100.5 Bn in 2024 and is expected to reach USD 144.3 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031. The genetically modified feed market has seen steady growth over the past decade. It driven by increasing demand for genetically modified soy and corn which are used as key feed ingredients globally.