The bioengineered food market is estimated to be valued at USD 36.33 Bn in 2025 and is expected to reach USD 52.19 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.3% from 2025 to 2032.
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Various technologies including genomic tools are being employed by companies to develop foods with improved qualities like enhanced vitamins and protein content. Growing investments in agricultural biotechnology as well as product innovation in genetically modified crops will further propel the market expansion during the forecast period. Increasing cultivation of biofortified varieties to address malnutrition issues globally is another key factor driving the uptake of biotech crops. However, consumer concerns around biosafety and ethical considerations may hamper the market growth to some extent.
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