Home > Press > Global Growth of Food Markets reach 811 bn US$ in 2006 and 1114 bn US$ in 2010 Nanofood increase
DNA-based systems enter the market. Nutrition a chance for better health?·Asia increase promotion for genetically modified food. Food industry on the way to sustainable development. .Feed the world's poor is still a problem of access
Global Growth of Food Markets reach 811 bn US$ in 2006 and 1114 bn US$ in 2010 Nanofood increase
Germany | Posted on June 27th, 2007
Global Growth of the Food Markets up to 811 bn US$ in 2006 and 1114 bn US$ in 2010
· DNA-based systems enter the market
· Nutrition and nutraceuticals: A chance for better health?
· Asia launches promotion for genetically modified food
· Food industry on the way to sustainable development
· To feed the world's poor is still a problem of access
There is enough food for the world's population. Still, millions of people, mainly children, die every year because they have no access to food. It is a logistic problem "only" to supply the food and nutritions at the right time and quantity. This will force the local development of genetically modified food especially in Asia and Africa.
Already today, China is leading the world development in this field. At the same time, there is a chance for a sustainable food production through new technologies and processes. The key is biotechnology and DNA-based systems.
In Europe, North America, Japan and other countries with high income groups, nutrition and nutraceuticals are on the way to be a part of the health systems. Together with genomics and diagnostics, prevention and aging are efficient and reduce the cost of the health systems worldwide.
The basic food market worldwide grow to 811 bn US$ in 2006 and expected to 1114 bn US$ to 2010. The market for nutrition, nutraceuticals and dietary will exceed 27% of the total market by 2010. The reason is a DNA-based prevention and diagnostic - based life. Nutrition and nutraceuticals will grow from 139 bn US$ to 175 bn US$ in 2006and 292 bn US$ in 2010. The total markets worldwide grow up to 811 bn US$ in 2006 and 1114 bn US$ in 2010. More than 500 companies worldwide are in this new industry for nutrition and nutraceuticals, a growth exceeding 3000 companies in 2010 is expected.
More than any other market, the food markets are influenced by the DNA-based research and knowledge. In this century, production and usage of food will change dramatically and converge with pharmaceuticals and medicine in most applications and indications. Today, this is called "borderline", but tomorrow there will be a new definition of food and pharmaceuticals, knowing that more than 70% of the diseases are dependent on nutrition. The highest growth rate will be in Asia, counting for more than 60% of the world population with the potential to use new technologies without any barriers.
Nanotechnology is a key for the future development ...see for more..
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