how to update dropdown value in laravel

<select class="js-states browser-default select2" name="shopping_id" required id="shopping_id">
        <option value="option_select" disabled selected>Shoppings</option>
        @foreach($shoppings as $shopping)
            <option value="{{ $shopping->id }}" {{$company->shopping_id == $shopping->id  ? 'selected' : ''}}>{{ $shopping->fantasyname}}</option>
        @endforeach
    </select>

public function edit($product_id)
    {
        $all_categories = DB::table('tbl_category')->get();
        $all_manufactures = DB::table('tbl_manufacture')->get();

        $product =  DB::table('tbl_product')
            ->where('product_id',$product_id)
            ->get()->first();

        return View('admin.edit-product')->with([
            'product'=>$product,
            'all_categories'=>$all_categories,
            'all_manufactures'=>$all_manufactures,
            ]);
    }