| Product Code: ETC4600356 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Australia biofortification market is growing with increasing emphasis on nutritional security, food fortification, and crop biofortification programs. Biofortification technologies such as conventional breeding and genetic engineering enhance the nutritional value of crops by increasing vitamins, minerals, and micronutrients, driving their adoption in agriculture and food systems.
The biofortification market in Australia is witnessing steady growth driven by several key factors. Firstly, increasing awareness of malnutrition and dietary deficiencies is driving the demand for nutrient-rich crops with enhanced nutritional profiles. Biofortification involves breeding or genetically modifying staple food crops to increase their levels of essential vitamins, minerals, and micronutrients, thereby improving public health outcomes and addressing hidden hunger. Secondly, government initiatives and public-private partnerships supporting biofortification research and development are driving market adoption and incentivizing investment in biofortified crop varieties. Moreover, consumer preferences for nutritious and functional foods, coupled with rising demand for fortified food products, are creating opportunities for biofortified crops and ingredients in Australia food and beverage industry.
The Australia biofortification market faces challenges such as consumer awareness and crop bioavailability. Adapting to changes in nutritional guidelines and addressing concerns regarding genetic modification are ongoing challenges for biofortification initiatives.
Australia is embracing biofortification strategies to enhance the nutritional value of crops and address micronutrient deficiencies. Government support for research and development in biofortified crops, along with partnerships between agricultural organizations and nutrition programs, is driving the adoption of biofortified varieties to improve public health outcomes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Biofortification Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Biofortification Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Biofortification Market - Industry Life Cycle |
3.4 Australia Biofortification Market - Porter's Five Forces |
3.5 Australia Biofortification Market Revenues & Volume Share, By Crop, 2021 & 2031F |
3.6 Australia Biofortification Market Revenues & Volume Share, By Target Nutrient, 2021 & 2031F |
4 Australia Biofortification Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and nutrition benefits of biofortified crops |
4.2.2 Government initiatives promoting sustainable agriculture practices |
4.2.3 Growing demand for biofortified crops in food processing industries |
4.3 Market Restraints |
4.3.1 Limited availability of biofortified crop varieties suitable for Australian climate and soil conditions |
4.3.2 High initial investment required for research and development of biofortified crops |
4.3.3 Regulatory challenges related to approval and commercialization of biofortified crops |
5 Australia Biofortification Market Trends |
6 Australia Biofortification Market, By Types |
6.1 Australia Biofortification Market, By Crop |
6.1.1 Overview and Analysis |
6.1.2 Australia Biofortification Market Revenues & Volume, By Crop, 2021-2031F |
6.1.3 Australia Biofortification Market Revenues & Volume, By Sweet Potato, 2021-2031F |
6.1.4 Australia Biofortification Market Revenues & Volume, By Cassava, 2021-2031F |
6.1.5 Australia Biofortification Market Revenues & Volume, By Rice, 2021-2031F |
6.1.6 Australia Biofortification Market Revenues & Volume, By Corn, 2021-2031F |
6.1.7 Australia Biofortification Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.8 Australia Biofortification Market Revenues & Volume, By Beans, 2021-2031F |
6.2 Australia Biofortification Market, By Target Nutrient |
6.2.1 Overview and Analysis |
6.2.2 Australia Biofortification Market Revenues & Volume, By Zinc, 2021-2031F |
6.2.3 Australia Biofortification Market Revenues & Volume, By Iron, 2021-2031F |
6.2.4 Australia Biofortification Market Revenues & Volume, By Vitamins, 2021-2031F |
7 Australia Biofortification Market Import-Export Trade Statistics |
7.1 Australia Biofortification Market Export to Major Countries |
7.2 Australia Biofortification Market Imports from Major Countries |
8 Australia Biofortification Market Key Performance Indicators |
8.1 Adoption rate of biofortified crops by Australian farmers |
8.2 Percentage of agricultural land dedicated to biofortified crop cultivation |
8.3 Research and development investment in biofortification technologies and crop varieties |
9 Australia Biofortification Market - Opportunity Assessment |
9.1 Australia Biofortification Market Opportunity Assessment, By Crop, 2021 & 2031F |
9.2 Australia Biofortification Market Opportunity Assessment, By Target Nutrient, 2021 & 2031F |
10 Australia Biofortification Market - Competitive Landscape |
10.1 Australia Biofortification Market Revenue Share, By Companies, 2024 |
10.2 Australia Biofortification Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |