Bioengineered Food Is Expected To Increase Food Supply, Offering Reduced Cost And Longer Shelf Life To Tackle Global Food-Related Crisis
Bioengineered Food Bioengineered food is made from genetic material that is modified through specific laboratory procedures, which could not be done through traditional breeding or found in nature. While the Food and Drug Administration (FDA) has set standards for labeling bioengineered foods, many consumers are still unaware of them. In many cases, food companies are able to hide bioengineered food from consumers by using highly refined ingredients that are unrecognizable. Similarly, foods that contain undetectable genetic material are not required to be labeled. However, in some cases, these foods may still be labeled as "non-genetically modified" because the ingredients have undergone such a process. According to Coherent Market Insights, The Bioengineered Food Market was valued at US$ 31.23 Bn in 2018, and is expected to reach US$ 62.43 Bn by the end of 2027, exhibiting a CAGR of 8.0% during the forecast period (2019 to 2027). The U.S. Department of Agriculture...