Non-GMO Soybean Market To Record A Robust Growth Rate For The COVID-19 Period During 2021 – MENAFN.COM

  • Date: 27-Mar-2021
  • Source: MENAFN
  • Sector:Economy
  • Country:Gulf
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Non-GMO Soybean Market To Record A Robust Growth Rate For The COVID-19 Period During 2021 – MENAFN.COM

(MENAFN - America News Hour) At Verified Market Research, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Research, the Global Non-GMO Soybean Market was valued at USD 67. 69 million metric tons in 2017 and is projected to reach USD 126. 06 million metric tons by 2025, growing at a CAGR of 8. 10% from 2018 to 2025. GMO is a genetically modified organism. It requires certain genetic engineering tools to alter the genetic material of organisms or crops to enhance the efficiency and yield product to increase the penetration of goods in the global market. The population is lately getting attracted towards organic farming and non GMO products. This gives scope for non-GMO soybean market to grow rapidly. Non-GMO soybean are used in making oils and are also produced in frozen form which can be used with other vegetables. The growing inclination of population towards organic farming and adoption of non GMO products has accelerated the global non-GMO soybean market. It has become a potential driver in uplifting the overall market growth rate. The Final Report will cover the impact