© 2018 Global Market Insights, Inc. USA. All Rights Reserved Food Biotechnology Market Research Analysis and Trends Report for

Global Market Scenario of Food Biotechnology Industry  According to a new research report by Global Market Insights, Inc., Food Biotechnology Market size is estimated to exceed USD 45 billion by 2025.Food Biotechnology Market  Growing implementation of biotechnology in farming practice will save labor cost and improve yield which will help to promulgate the overall industry. There has been increase in R&D activities by various public sector institutes such as Land-Grant university and United States Department of Agriculture (USDA). Also, the increase in subcontract agreements between agricultural scientists and private firms will further influence the overall industry growth. Declining existence of farms due to urbanization will support the development of food biotechnology market.  Reduction in overall production cost due to the implementation of biotechnology will proliferate the industry landscape. Different needs of markets are addressed through biotechnology as it reports the importance of precision in planting, growing, and harvesting crops. Development of functional attributes of the crops through biotechnology will speed up the contract agreement between growers and food processing companies which will further help to propel the overall market growth. © 2018 Global Market Insights, Inc. USA. All Rights Reserved

 Transgenic crop is anticipated to witness over 9% growth in terms of revenue up to Due to growing subcontract agreements between private firms and the farmers, there has been increase in production of genetically modified crops which will help to promulgate overall food biotechnology market. Low labor & production cost, reduction in use of chemical inputs and improved economic gains are among the key factors that will positively influence the productivity over the forecasted timeframe.  Application of microorganism in biotechnology is anticipated to witness over 9.5% growth in terms of revenue up to Microbes used in biotechnology improves crop yield and provides resistance to crop pests which will help to positively influence the overall food biotechnology market. Broad applications of microbes in agriculture industry for sustainable production practices ensures high productivity output from plants and animals.  Biotechnology for animal applications is anticipated to surpass USD 16 billion revenue by Implementation of biotechnology on animals can help to increase livestock productivity. Growing vegan population coupled with growing personal disposable income fuels demand for livestock commodities such as eggs, and milk. Increase in health consciousness among millennials coupled with growing adoption of flexitarian lifestyle will help to promote biotechnological application on animals. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved

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 U.S. polyethylene naphthalate market from packaging applications may exceed USD 130 million by the forecasted timeframe. Rising product demand from packaged food applications pertaining to high dimensional stability, high temperature stability, shrinkage resistance which may boost product demand. Increasing consumer demand for convenient food & beverages along with rising trend for on the go consumption may accelerate industry growth.  China polyethylene naphthalate market size may expect gains at over 8.5% by the end of Growing demand from automotive, electronics and packaging industries may propel regional market growth. Additionally, various manufacturers are shifting their production base from Europe and North America to China which may provide ample growth opportunities for market growth.  Germany polyethylene naphthalate market demand may witness gains of above 7.5% up to These products are used in producing high performance fibers as have better dimensional stability and high modules when compared to nylon fibers and PET. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

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Competitive Analysis:  Teijin DuPont, Toray Industries, Durafiber Technologies, EPC Group, SKC, Polyonics and Kolon Plastics are the major manufacturers in the market. The raw material suppliers are forwardly integrated and supply these products to various end-use industries.  The manufacturers are highly engaged on attracting new customers along with spending heavily on research activities to provide cost-effective products on a larger scale which may promote polyethylene naphthalate industry growth. © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry For Purchasing This

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