Name: Genetically Modified Seeds Market Size, Report | 2024 To 2029
Creator: Market Data Forecast
License: https://www.marketdataforecast.com/privacy-policy

Global Genetically Modified Seeds Market Size, Share, Trends, COVID-19 Impact And Growth Forecasts Report - Segmented By Crop Type (Corn, Soybean, Cotton, Canola, Others), Trait Type (Herbicide Tolerance, Insect Resistance And Others), And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) – Industry Analysis From 2024 to 2029

Updated On: January, 2024

ID: 4533

Pages: 175

Global Genetically Modified Seeds Market Size (2024 to 2029)

The genetically modified seeds market is expected to reach USD 39.85 billion in 2024 and reach USD 63.59 billion by 2029, growing at a CAGR of 9.8% from 2024 to 2029.

Genetically modified seeds are the seeds that are used in farming. Their DNA is modified by using genetic engineering procedures. Mostly, the target is to induce a new trait into the crop which is usually absent in the species.

MARKET DRIVERS:

The growth of the genetically modified seeds market can be attributed to the increase in the adoption of biofuels, the growth of the population and the consequent food demand, the growing demand for animal feed, and the preference for oleo-chemicals. The growing acceptance of biotech drought-tolerant plants and increasing demand for high-yield crops are also considered to be the driving factors of this market.

REPORT COVERAGE:

REPORT METRIC	DETAILS
Market Size Available	2023 to 2029
Base Year	2023
Forecast Period	2024 to 2029
CAGR	9.8%
Segments Covered	By Crop Type, Trait Type, By Region
Various Analyses Covered	Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regions Covered	North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled	Bayer CropScience DowDuPont Groupe Limagrain Monsanto and Syngenta BASF DLF Seeds and Science Kleinwanzlebener Saatzuch SAAT SE Land O'Lakes Sakata Seed Takii Seed.

REGIONAL ANALYSIS

As of 2016, North America dominated the global Genetically Modified Seeds Market with a market share of around 30% globally.

KEY PLAYERS IN THE GLOBAL GENETICALLY MODIFIED SEEDS MARKET

Bayer CropScience, DowDuPont, Groupe Limagrain, Monsanto and Syngenta, BASF, DLF Seeds and Science, Kleinwanzlebener Saatzuch SAAT SE, Land O'Lake, Sakata Seed, Takii Seed. Some of the market players dominate the global genetically modified seeds market.

DETAILED SEGMENTATION OF THE GLOBAL GENETICALLY MODIFIED SEEDS MARKET INCLUDED IN THIS REPORT

This research report on the global genetically modified seeds market is segmented and sub-segmented based on crop type, trait type, and Region.

By Crop Type

Corn
Soybean
Cotton
Canola
Others

By trait Type

Herbicide tolerance
Insect resistance
others

By Region

North America
Europe
Asia-Pacific
Latin America
The Middle East and Africa

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Genetically Modified Seeds Market