Global Non-GMO Animal Feed Market 2023-2027: Market to grow by Over $16 Billion, Driven by Growing Focus on Sustainable Alternatives & Rise in Number of Certified Non-GMO Processors [Yahoo...
Archer-Daniels-Midland Company (ADM)
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Source: Yahoo! Finance
The non-gmo animal feed market is forecasted to grow by USD 16.02 bn during 2022-2027, accelerating at a CAGR of 7.62% This study identifies the growing focus on sustainable alternatives to GM soy animal feed as one of the prime reasons driving the non-gmo animal feed market growth during the next few years. The market is driven by growing demand for non-GMO products, growing investments and focus on expanding production capabilities, and rise in number of certified non-GMO processors. Also, advances in testing methods for non-GMO labels and rising investment in R and D activities in non-GMO animal feed will lead to sizable demand in the market. The report on the non-gmo animal feed market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environm
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