Global Genetically Modified Feed Market is Segmented By Type (Corn, Soybean, Canola, Cottonseed, Alfalfa, Fruits & Vegetables, Others), By Form (Pellets, Crumble, Mash, Meal/Cake), By Feed Type (Roughages, Concentrates), By Application (Poultry, Swine, Cattle, Aquaculture, Pet Food, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Genetically Modified Feed Market Size
The Global Genetically Modified Feed Market reached USD 61.5 billion in 2022 and is expected to reach USD 94.3 billion by 2030 growing with a CAGR of 5.5% during the forecast period 2023-2030. Globally, the increase in the focus on developing GM feeds with various benifits such as enhanced nutrient profiles, improved digestibility, and specific functional properties. The aim is to develop feeds that better meet the nutritional needs of animals, improve their health and performance, and provide additional value to the livestock industry.
Biotechnology plays a pivotal role in the development and production of genetically modified (GM) feed. Genetic engineering, gene editing, and other genetic modification techniques enable precise gene insertion and modification in crops used for GM feed, allowing for the development of desired traits and improved agricultural productivity. Feed additives, such as herbicide-tolerant traits incorporated into genetically modified (GM) crops used for GM feed, contribute to crop improvement by enabling more effective weed control and reducing the reliance on herbicides in livestock production.
Genetically Modified Feed Market Scope
Metrics |
Details |
CAGR |
5.5% |
Size Available for Years |
2021-2030 |
Forecast Period |
2023-2030 |
Data Availability |
Value (US$) |
Segments Covered |
Type, Form, Feed Type, Application, and Region |
Regions Covered |
North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Fastest Growing Region |
Asia-Pacific |
Largest Region |
North-America |
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights. |
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Genetically Modified Feed Market Dynamics
Increaseing Demand for Genetically Modified Crops to Increase Production
The global population is steadily increasing, and with it, the demand for food is also growing. GM crops offer the potential to increase agricultural productivity and meet the rising demand for food, feed, and fiber. The availability of arable land for agriculture is limited, and in many regions, it is already under pressure from urbanization and other land-use changes. GM crops, with their increased yield potential and ability to thrive in challenging conditions, can help maximize productivity on existing agricultural land. Climate change and environmental stressors, such as drought, pests, and diseases, pose significant challenges to agricultural production.
GM crops can be genetically engineered to exhibit traits that make them more resilient to these challenges, including drought tolerance, resistance to pests, and diseases. According to the report published by Italian researchers, GM crops allow to increase crop production by 6% to 25% depending on the country.
Genetically Modified (GM) Crops Contributed to Reducing the Use of Chemical Inputs, Including Pesticides and Herbicides.
GM crops can be engineered to produce proteins that are toxic to specific pests, such as insects. For example, Bacillus thuringiensis (Bt) genes can be inserted into crops like corn and cotton to produce toxins that are lethal to certain insect pests. This reduces the need for synthetic chemical insecticides, as the crop itself provides built-in resistance to insect pests.
Another common trait introduced into GM crops is herbicide tolerance. Crops like soybeans, corn, and cotton can be modified to withstand specific herbicides, allowing farmers to use herbicides to control weeds without harming the crop. This trait enables farmers to adopt more targeted and efficient weed management practices, potentially reducing the overall use of herbicides.
Public Perception of the GM Feed Hampers Market Growth
Regulatory frameworks and labeling requirements for GM feed and products vary across countries and regions. Some jurisdictions have stricter regulations and labeling requirements for GMOs, which can impact the adoption and market acceptance of GM feed. Compliance with these regulations can also add additional costs and complexities for GM feed producers and suppliers.
Furthermore, public perception and awareness of GMOs can influence market dynamics. Negative media coverage, misinformation, or lack of understanding about the science and benefits of GM technology can create apprehension and resistance among consumers, which may limit the demand for GM feed and products.
Genetically Modified Feed Market Segment Analysis
The global genetically modified feed market is segmented based on type, form, feed type and application and region.
Increase in the Adoption of Genetically Modified Corn Helps to Boost Segment Growth
The global genetically modified feed market by type has been segmented by corn, soybean, canola, cottonseed, alfalfa , fruits & vegetables and others
GM corn can be modified to exhibit various traits, such as insect resistance, herbicide tolerance, drought tolerance, enhanced nutritional content, and improved yield potential. These traits are typically introduced by inserting genes from other organisms into the corn plant's DNA. One of the most common traits introduced in GM corn is insect resistance. This is achieved by incorporating genes from the soil bacterium Bacillus thuringiensis (Bt), which produces proteins toxic to specific insect pests. Bt corn transgenic crops reduce the need for synthetic chemical insecticides, providing built-in protection against certain pests.
An increase in consumer demand for GM corn helps to boost segment revenue. For instance, on March 08, 2023, the United States exported 2.5 bushels of GM corn in 2022. Most of the corn produced in Uthe S is GM and safe for the animals.
Source: DataM Intelligence Analysis (2023)
Global Genetically Modified Feed Market Geographical Share
Increase in the Production of Genetically Modified (GM) Crops in the North America Region.
North America, particularly the United States, has been a major proponent and adopter of GM crops. The cultivation of GM crops such as genetically modified corn, soybeans, and alfalfa is widespread in the region. These GM crops serve as essential ingredients in animal feed formulations.
North America has a large and thriving livestock industry, including poultry, cattle, swine, and aquaculture. GM feed plays a crucial role in providing a cost-effective and nutritionally balanced diet for livestock animals. The high demand for meat, eggs, dairy products, and seafood in the region contributes to the growth of the GM feed market. According to the data given by National investment promotion and facilitation agency in 2022, Genetically Modified crops are consumed by over 95% of animals in the United States. Corn, Canola, soybeans and potatoes are the mostly used GMO crops in the animal feed.
Source: DataM Intelligence Analysis (2023)
Genetically Modified Feed Market Companies
The major global players include Bayer AG, Syngenta, DuPont, Dow, Monsanto, BASF, Corteva Agriscience, J.R. Simplot Company, Okanagan Specialty Fruits Inc., and KWS SAAT SE & Co.
COVID-19 Impact on Genetically Modified Feed Market
COVID-19 Impact
The pandemic has caused disruptions in global supply chains, including the transportation and logistics networks that support the distribution of GM feed ingredients. Restrictions on movement, border closures, and reduced workforce availability have affected the timely delivery of feed ingredients, including GM crops.
The pandemic has resulted in shifts in consumer demand and preferences. While the demand for meat and animal products has remained relatively stable, changes in consumer behavior, closure of restaurants, and disruptions in the foodservice industry have led to fluctuations in feed demand. This has affected the production and consumption of GM feed. The livestock industry has faced challenges due to the pandemic, including reduced processing capacity in meatpacking plants, labor shortages, and changes in consumer purchasing patterns. These disruptions have had indirect implications for the demand and utilization of GM feed in the livestock sector.
Russia-Ukraine Impact Analysis
The conflict between Russia and Ukraine has resulted in trade disruptions and restrictions between the two countries. This can affect the import and export of agricultural products, including GM feed ingredients. Trade barriers, tariffs, and political tensions can hinder the smooth flow of GM feed materials, potentially impacting the availability and pricing of such products in both countries.
The conflict has disrupted supply chains and logistics networks in the region. Disruptions in transportation routes, border closures, and political instability can affect the timely delivery of GM feed ingredients, impacting feed production and availability. This can create challenges for livestock farmers who rely on GM feed for their animals' nutrition.
By Type
- Corn
- Soybean
- Canola
- Cottonseed
- Alfalfa
- Fruits & Vegetables
- Others
By Form
- Pellets
- Crumble
- Mash
- Meal/Cake
By Feed Type
- Roughages
- Concentrates
By Application
- Poultry
- Swine
- Cattle
- Aquaculture
- Pet Food
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- The U.K.
- France
- Italy
- Spain
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- On February 15, 2022, Maharashtra farmers relaunched pro-GM crop movement. Since 2019, many farmers have been openly sowing and growing Bt cotton (HTBt) and Bt brinjal. In Maharashtra, the pro-GM crop movement will now be re-instituted.
- On February 17, 2022, USDA implemented new labeling for genetically modified foods. The National Bioengineered Food Disclosure Standard, which mandates the labeling of goods that have been genetically modified, is currently in operation, requiring compliance from food manufacturers, importers, and some retailers. Additionally, bioengineered foods are used in place of the phrase GMO.
- On July 13, 2022, Karnataka poultry and livestock breeders increase the demand for GM crop feeds. More than 90 industry players in Karnataka came together to discuss the advantages of GM feed and its impact on the meat production in India.
Why Purchase the Report?
- To visualize the global genetically modified feed market segmentation based on type, form, feed type, and application, and understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous genetically modified feed market-level data points all for segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The Global Genetically Modified Feed Market Report Would Provide Approximately 69 Tables, 74 Figures and 102 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies