The global biofortification market was valued at USD 71.7 million in 2017 and is projected to reach USD 117.6 million by 2023, at a CAGR of 8.6%

The growth of the biofortification market is expected to be propelled by the increasing number of applications of biotechnological tools in plant breeding and farmers’ interests in increasing their farming investment for higher yield.

The biofortification market is estimated to grow at USD 78 million in 2018, and is projected to grow at a CAGR of 8.6% from 2018, to reach a value of USD 118 million by 2023

The growth of the biofortification market is driven by the rise in funds for agronomic practices and technological advancements. Biofortified crops are considered are sweet potato, cassava, rice, corn, wheat, beans, pearl millet.

[101 Pages Report] The market for biofortification is estimated at USD 78 million in 2018, and it is projected to grow at a CAGR of 8.6% from 2018 to reach USD 118 million by 2023.