The Biofortification Market is expected to grow from US$0.142 billion in 2025 to US$0.210 billion in 2030, at a CAGR of 8.18%.
The process of improving the nutritional quality of food harvests by traditional plant breeding, agronomic methods, or modern biotechnology is known as biofortification. Biofortification aims to boost nutrient levels in crops during plant growth instead of using manual crop processing methods like a traditional fortification. Biofortification may thus be a viable option for reaching populations where supplements and traditional fortification methods are limited or difficult to apply. Primary food crops provide around 60-70 percent of calories for poor people, according to Building Nutritious Food Baskets (BNFB) Project. Dietary diversification is likely to ensure a balanced diet that includes the micronutrients required by the rural poor population in the long run.
The Biofortification market is being driven by factors such as rising demand for high-nutrition food and soaring consumer health consciousness owing to health issues, including occurrences of nutritional deficiencies and malnutrition. According to Forbes, By 2050, the world's population is expected to reach 9.7 million people, requiring a 70 percent increase in global food production in the next 30 years to feed everyone. The global biofortification market is benefiting from rising technological improvements as well as higher investments in agricultural growth. The demand for biofortification is predicted to rise in response to the increasing rates of nutritional deficiencies and the number of children suffering from malnutrition. As a result of surging demand, the worldwide biofortification market is predicted to increase in the projected period.
However, a lack of knowledge regarding the advantages of biofortified crops is expected to stifle the biofortification market's expansion. Numerous restrictions put on the production of genetically modified crops have the potential to impede the biofortification market's growth. Trait diversity in the primary, secondary, or tertiary gene pools of the chosen crop is required for biofortification which limits the diversity.
The sweet potato category accounts for a significant market share owing to expanding technical breakthroughs to boost nutritive value. The demand for biofortified crops such as orange-fleshed sweet potato and cassava has surged due to the requirement of the high carbohydrate content in the human diet.
Iron and vitamin segments are expected to have sizable market shares. Vitamins are utilized in the animal nutrition business as feed supplements and additives. The increased demand for good quality meat contributes to the rising demand for the vitamin segment.
Agronomy comprises applying minerals like zinc or iron as foliar or soil applications based on plant management and characteristics and soil variables to increase the number of critical micronutrients in the plants.
The biofortification market is dominated by the Asia Pacific region owing to the transformation of agriculture and improved nutritional value of food in the region. Agrarian countries such as China and India have expanded the potential for the biofortification market substantially. North America is also expected to grow rapidly in the projected period.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Biofortification Market Size in 2025 | US$1.420 billion |
| Biofortification Market Size in 2030 | US$3.028 billion |
| Growth Rate | CAGR of 16.36% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Biofortification Market |
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| Customization Scope | Free report customization with purchase |
Key Market Segments