Market Overview

GMO Labeling Food & Beverage: Global Markets to 2023 - ResearchAndMarkets.com

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The "Global
GMO Labeling Food & Beverage Market - Growth, Trends, and Forecast (2018
- 2023)"
report has been added to ResearchAndMarkets.com's
offering.

Global GMO labeled food market is expected to grow considerably during
the forecast period.

Growing Consumer Awareness Drives the Market

Regarding GMO labeling, consumers are demanding more information about a
products ingredient list, provenance, manufacturing process, shipping,
storage, and safety testing. In Canada, the desire for mandatory
labeling of each type of GMOs is fairly consistent across demographic
groups, with only slight variation across regions, genders, and age
groups.

Food manufacturers are keenly concentrating on catering to the GMO
labeling, as consumers are becoming increasingly conscious about healthy
edible products. The consumers have a right to know whether the products
they are purchasing consist of transgenic ingredients, which will help
them make well-informed decisions, understanding the risks and benefits.

Consumer awareness is reflected by various non-government organizations,
like the Green Americans, Organic Consumers Association, and others that
are actively raising awareness and fighting for non-GMO mandatory
labelling rules.

The increasing non-GMO product launches from the food and beverages
industry is also one of the factors that can positively affect the
market growth, further. Technology advances in the market are also
identified to increase the revenues of the GMO labeled food market
during the forecast period. The anecdotal evidence suggesting a shift of
mainstream food & beverage products toward non-genetically modified
ingredients is growing.

Key Highlights

  • Europe is the Pioneer in GMO Labeling
  • Campbell Soup is a Major Food Manufacturer Labeling its Products

Developments in the Market

  • August 2017 - Genetically modified salmon have been approved for sale
    in the United States, but labeling complications have prevented them
    from coming to market. In Canada, however, according to a report
    released by the company AquaBounty, five tons of genetically modified
    salmon filets have been sold so far.
  • October 2017 - US bakers call for harmonizing GMO and nutrition facts
    label compliance dates.
  • January 2018 - Genetically modified animals could be sold in the UK
    after Brexit, as said by Michael Gove, the Environment Secretary. The
    biotech changes are coming, which will challenge to think about the
    future as gene editing could be used to create more valuable
    livestock. Also the Government intends to create a new gold-standard
    for food labeling to signify British quality after Brexit.

Company Profiles

  • Campbell Soup
  • Chipotle
  • ConAgra Foods Inc.
  • Danone
  • Earthbound Farm
  • General Mills
  • Ingredion Incorporated
  • Kellogg Company
  • Kerry Ingredients
  • Natures Path Foods
  • Organic Valley

For more information about this report visit https://www.researchandmarkets.com/research/vc59g2/gmo_labelling?w=4

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