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Genetically Modified (GM) Ingredients in Processed or Packaged Foods, Business and Industry Trends Analysis

Genetically modified (GM) is a phrase that is often applied to any food product that was created through the use of ingredients from genetically modified sources, such as GM corn or soybeans.  GM foods offer tremendous promise as a way to increase global food production at reasonable cost.  In a world that may grow from about 8 billion population in 2024 to nearly 10 billion by 2050, this is a critical need.
Although scientists have been able to engineer highly desirable traits in GM seeds for crops (such as disease-resistance and insect-resistance), and the scientific community has given GM foods a clean bill of health for years, such modified foods have faced stiff resistance among many consumers, particularly in Europe.  While many areas of biotechnology are controversial, agricultural biotech has been one of the largest targets for consumer backlash and government intervention in the marketplace.  Consumer resistance to food products containing material grown in this manner is sometimes fierce.


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