Global Biofortification Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Crop;

Sweet Potato, Pearl Millet, Cassava , Wheat , Rice , Beans and Corn.

By Target Nutrient;

Zinc , Vitamins and Iron.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn512250495 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Biofortification Market (USD Million), 2021 - 2031

In the year 2024, the Global Biofortification Market was valued at USD 122.68 million. The size of this market is expected to increase to USD 213.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The Global Biofortification Market refers to the process of enhancing the nutritional value of food crops through conventional breeding, agronomic practices, or biotechnology. It aims to address malnutrition and related health issues by increasing the levels of essential vitamins and minerals in staple crops. Biofortification is gaining traction as a sustainable solution to combat hidden hunger, especially in developing countries where access to diverse diets and nutritional supplements may be limited.

Driven by the pressing need to alleviate malnutrition on a global scale, biofortification initiatives have garnered significant attention from governments, international organizations, and agricultural research institutions. These efforts aim to improve the nutritional quality of staple crops such as rice, wheat, maize, beans, and sweet potatoes, which form the basis of diets for millions of people worldwide. By enhancing the micronutrient content of these crops, biofortification holds the potential to positively impact public health outcomes and reduce the prevalence of diet-related diseases.

The biofortification market encompasses a range of stakeholders, including seed companies, agricultural researchers, government agencies, non-profit organizations, and consumers. Collaboration among these entities is crucial for the successful development, adoption, and promotion of biofortified crops. Additionally, raising awareness about the benefits of biofortified foods and addressing consumer acceptance are key factors for market growth and sustainability.

Despite the promising potential of biofortification, several challenges exist, including regulatory hurdles, technological limitations, and socio-economic barriers. Overcoming these challenges requires concerted efforts from policymakers, researchers, and industry players to ensure the effective deployment and adoption of biofortified crops. As the global population continues to grow and dietary patterns evolve, biofortification is poised to play an increasingly important role in enhancing food security and improving public health outcomes worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Crop
    2. Market Snapshot, By Target Nutrient
    3. Market Snapshot, By Region
  4. Global Biofortification Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health and Wellness Trends
        2. Food Industry Endorsement
        3. Climate Change Challenges
        4. Increasing Malnutrition Concerns
        5. Demand for Nutrient-Rich Food
      2. Restraints
        1. Regulatory Hurdles
        2. Consumer Acceptance and Perception
        3. Costs and Economic Viability
        4. Infrastructure and Distribution
        5. Crop Yield and Stability
      3. Opportunities
        1. Growing Demand for Nutrient-Rich Foods
        2. Government Support and Initiatives
        3. Consumer Education and Awareness
        4. Diversification of Product Portfolio
        5. Addressing Micronutrient Deficiencies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Biofortification Market, By Crop, 2021 - 2031 (USD Million)
      1. Sweet Potato
      2. Pearl Millet
      3. Cassava
      4. Wheat
      5. Rice
      6. Beans
      7. Corn
    2. Global Biofortification Market, By Target Nutrient, 2021 - 2031 (USD Million)
      1. Zinc
      2. Vitamins
      3. Iron
    3. Global Biofortification Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Syngenta
      2. Bayer
      3. BASF SE
      4. DowDuPont
  7. Analyst Views
  8. Future Outlook of the Market