Global Synthetic Biology in Agriculture and Food Industry Analysis Report, 2021-2026
Globally, North America dominated the regional segment of the Global Synthetic Biology in Agriculture and Food Industry in 2019 by capturing the largest market share and is expected to retain its leading position over the forecast period too.
Impact of COVID-19
The sudden Outbreak of the COVID-19 pandemic had a dual impact on the Global Synthetic Biology in Agriculture and Food Industry. The lockdown regulations laid by the government to stop the spread of the coronavirus affected the overall agriculture and food productivity.
However, rising health concerns and increasing inclination towards a healthy & nutritional diet present a lucrative opportunity for synthetic biology in the agriculture and food industry; it eliminates the nutritional deficiency and enhances the nutrient level of the food.
"Global Synthetic Biology in Agriculture and Food Market Analysis, 2021" provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Synthetic Biology in Agriculture and Food providers across the globe. Moreover, the report also encompasses the key strategic imperatives for the competitors' success and strategic factorial indexing measuring competitors' capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
Food Safety Exhibits Fastest Growth
The Food Industry Application segments of the Global Synthetic Biology in Agriculture and Food Market are Food Process Optimization, Food Nutrition, and Food Safety. Among these segments, the Food safety segment is likely to display robust market growth during the forecast period owing to the high worldwide demand for food safety.
With rising uncertainty in climate change, it becomes challenging to maintain food safety. Therefore, synthetic biology in food science helps solve the problem of food safety & sustainability.
Thereby, the segment is likely to contribute to the growth of global Synthetic Biology in the Agriculture and Food Industry in the forecast period, says MarkNtel Advisors in their research report, "Global Synthetic Biology in Agriculture and Food Industry Market Analysis, 2021."
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