Frost & Sullivan
Frost & Sullivan Hosts Webinar:
GMO: Face of Europe
MOUNTAIN VIEW, CA
SPEAKERS: Anjaneya Reddy, Industry Analyst for Frost & Sullivan’s Chemicals, Materials & Food Group
Genetically modified foods cultivation increased globally in recent years, however few countries in Europe sought for approval, which was met by opposition from the fellow member states.
Historically, Europe maintains zero tolerance for genetically modified foods. The following areas will guide the next course of action in Europe: current and new legislations in the European Union, growing global demand for food and feel ingredients, increasing cultivation of GM crops world over, food security and sustainability through GM crops.
There is a need for a fine balancing act between the issues of concern and benefits offered by GM crops. The industry needs to address the concerns of the people with political support and scientific approval processes.
This briefing will benefit food and beverage ingredients manufacturers, importers, distributors and those that are diversifying their product portfolio in the European landscape. Companies can plan their growth and target market segments that they have left unexplored.
“Genetically modified foods have hit a deadlock in the past few years. Few European Union countries sought its approval, while others sought a complete ban,” notes analyst Anjaneya Reddy. “This comes at a significant juncture when there is a growing global demand for food and feed ingredients. The European Food Safety Authority only approves the usage of a few varieties of maize in animal feed, but not for cultivation. This idea was welcomed by the industry observers.”
For more information about Frost & Sullivan’s Chemicals, Materials and Food practice, please visit: http://www.frost.com/
To attend the briefing, email sarah.saatzer@
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