Biotech Brings Positive Impact on Food Production Market
Biotech has paved the way for a lot of breakthroughs in terms of the products and services which medicine and agriculture industries provide.
It has given farms new ways to cultivate their crops and raise the number of their harvests without disrupting and damaging the environment as well, improving the quality of crops and keeping them toxic-free.
Now a days, biotechnology has managed to enter deeper into the food industry, particularly in food production. Its involvement in this sector will allow for more ways to tackle the challenge of feeding the entire planet while trying to diminish any environmental issue. As a result, it can lead to the growth of the market, helping it reach billions of dollars while promoting sustainability.
When it comes to enhancing food and its production methods, with biotechnologies, scientists can increase their speed and accuracy. Scientists can also now manipulate genes to create new traits for plants, which can, in turn, usher in some advantages and possibilities for the environment and the economy.
Biotech in food can create a shift in the process of growing food, especially in lessening the required land for planting. It now introduced foods that have enhanced effects when it comes to the nutrition they offer, leading to a healthier era for mankind. Some of these nutritionally improved food products include cooking oils with reduced trans fats and distinctive fatty acid profiles and corns that contain more amino acids, oils and minerals optimal for feeding animals.
As biotech will help them produce crops while improving the sustainability of their business, farmers can also enjoy the benefits of it in their farms. It can lower the need for pesticides because a National Center for Food and Agricultural Policy report back in 2005 stated that plants developed with the help of biotech have the resistance against insects and herbicides.
These plants brought down the expenses of farmers for production by a whopping US$1.4 billion (AU$1.79 billion), raising net profits by US$2 billion (AU$2.56 billion).