Biofortification Market is predicted to reach USD 0.17 billion at a CAGR of 8.00% during the forecast period:

Biofortification Market is predicted to reach USD 0.17 billion at a CAGR of 8.00% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Biofortification Market” that contains information from 2018 to 2032. The Biofortification Market is estimated to register a CAGR of 8.00% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Biofortification Market — DowDuPont (US), Syngenta (Switzerlind), HarvestPlus (US), Bayer (Germany), BASE SE (Germany), Monsanto, Charles River, LemnaTec, Intertek, and Agro BioSciences Inc.

Biofortification Market Highlights

The global Biofortification Market is accounted to register a CAGR of 8.00% during the forecast period and is estimated to reach USD 0.17 billion by 2032.

Biofortification refers to the process of enhancing the nutritional quality of food crops by increasing the content of essential vitamins and minerals through conventional plant breeding, biotechnology, or agronomic practices. The goal of biofortification is to address micronutrient deficiencies, also known as "hidden hunger," which can lead to serious health issues, particularly in populations that rely heavily on staple crops with limited nutritional value.

Segment Analysis

The global Biofortification Market has been segmented based Targeted Crop, Approach, and Targeted Nutrient

The Biofortification Market segmentation, based on targeted crop includes cereals and grains, fruits and vegetables, legumes and pulses, oilseeds, others. Fruits and vegetables accounted for the majority of share in the market. Sweet potato is classified as a fruit and vegetable crop. With technological advances to increase nutrient content, demand for biofortified foods such as sweet potato and cassava has increased, particularly in sweet potato orange pulp (OFSP). Sweet potatoes have been a key source of energy in human diets for eons due to their high carbohydrate content.

The Biofortification Market segmentation, based on approach, includes transgenic, conventional breeding, agronomy. Agronomy category held a significant market share. Agronomic biofortification is the deliberate use of mineral fertilizers to increase the concentration of a target mineral in edible parts of crops in order to improve dietary intake of the target mineral. Agronomic biofortification is the process of increasing the density of nutrients, vitamins, and minerals in a crop through suitable agronomic methods, and it can be considered an effective strategy for supplementing micronutrient powders and boosting dietary diversity.

The Biofortification Market segmentation, based on targeted nutrient, includes vitamins, minerals, amino acids and others. During the projection period, the vitamins segment is expected to grow the fastest. Growth in demand for functional and enhanced processed food products, the incidence of vitamin deficiencies, and feed fortification due to increased worldwide meat and dairy product consumption are driving drivers for the biofortification market. Biofortified plants are getting increasingly popular due to the increased demand for high nutrient content in food.  

Regional Analysis

The global Biofortification Market, based on region, has been divided into North America, Europe, Asia-Pacific and Rest of the World. The North America is expected to dominate the biofortification market during the forecast period due to increased cultivation and consumption of biofortified crops in food processing and direct consumption. The expansion of the agriculture industry in North America, as well as increased R&D investments in agricultural operations, is fueling regional market growth. Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Europe’s biofortification market accounts for the second-largest market share due to the increased use of new and improved technologies in farming in developing nations. Further, the German biofortification market held the largest market share, and the UK biofortification market was the fastest-growing market in the European region

The Asia-Pacific Biofortification Market is expected to grow at the fastest CAGR from 2023 to 2032. This is Because of agricultural revolution and increased nutritional value of food in the region. Moreover, China’s biofortification market held the largest market share, and the Indian biofortification market was the fastest-growing market in the Asia-Pacific region.

HarvestPlus-India won a USD 6 million grant from the Bill & Melinda Gates Foundation to expand its biofortification operations in two new states: Odisha and Bihar. This strategy was designed to assist the organization in growing and expanding its customer base.

Key Findings of the Study

• The global Biofortification Market is expected to reach USD 0.17 billion by 2032, at a CAGR of 8.00% during the forecast period.


• The Asia-Pacific Biofortification Market is expected to grow at the fastest CAGR from 2023 to 2032. This is Because of agricultural revolution and increased nutritional value of food in the region.


• The Biofortification Market segmentation, based on targeted crop includes cereals and grains, fruits and vegetables, legumes and pulses, oilseeds, others. Fruits and vegetables accounted for the majority of share in the market.


• DowDuPont (US), Syngenta (Switzerlind), HarvestPlus (US), Bayer (Germany), BASE SE (Germany), Monsanto, Charles River, LemnaTec, Intertek, and Agro BioSciences Inc.