Genetically Modified Foods Market with Current Trends Analysis, 2025 FMI | Page 5

Report
Description
Report Description
Genetically Modified Foods: Regional Outlook
In 2014, North America was the largest market for genetically modified food and likely to
remain as market leader in terms of revenue during the forecast period. China and India
are the major countries in Asia-Pacific which is expected to emerge as major market for
genetically modified food market. Also, other developing countries such as Brazil is
anticipated to growth at a robust CAGR over the forecast period. The US government is
focused towards the safety of GM products. The industry is regulated by the Department
of Agriculture, for farm biotechnology, and the Food and Drug Administration, which
governs food and its ingredients. The developers of the genetically modified food
products are intensely involved in certifying their safety. For instance, FDA depends on a
consultative process with developers who voluntarily present their plans to the agency
before marketing the products