GMO Crops & Seeds Market by Product (Herbicide Tolerance, Insect Tolerance), Seed (Crops, Fruits, Vegetables), End User - Global Forecast 2024-2030

GMO Crops & Seeds Market by Product (Herbicide Tolerance, Insect Tolerance), Seed (Crops, Fruits, Vegetables), End User - Global Forecast 2024-2030

The GMO Crops & Seeds Market size was estimated at USD 53.26 billion in 2023 and expected to reach USD 56.02 billion in 2024, at a CAGR 5.35% to reach USD 76.71 billion by 2030.

The GMO (Genetically Modified Organisms) crops & seeds Market comprises the sale of crops and seeds that have been genetically engineered to exhibit certain desired traits such as pest resistance, herbicide tolerance, enhanced nutritional content, and improved shelf-life. The demand for increased agricultural productivity and efficiency due to a growing global population drives market expansion. The advancements in biotechnology leading to more robust and beneficial traits in crops is driving the innovations in the Market. Governmental policy changes and approvals for GMO crop cultivation also boost the demand for GMO crops and seeds. However, Stringent regulatory frameworks and lengthy approval processes in many countries are limiting the market growth. Rising concerns from environmental and organic farming communities also challenge the adoption of GMO crops and seeds. Moreover, the development and commercialization of new GMO varieties with enhanced nutritional profiles catering to health-conscious consumers is creating potential opportunities for market growth. Technological advancements in gene editing tools such as CRISPR-Cas9 facilitating precision breeding are also anticipated to attract market growth opportunities.

Regional Insights

The Americas, primarily led by the United States, have a robust market for GMO crops and seeds due to high adoption rates, favorable regulatory environments, advanced agricultural technologies, and a significant presence of biotech giants. Consumers in the Americas region demonstrate mixed purchasing behavior, with certain segments actively seeking non-GMO alternatives. The Asia Pacific region presents a varied landscape for GMO crops and seeds largely due to diverse regulations, cultural norms, and levels of consumer acceptance. China and India have ramped up their GMO research efforts, focusing on food security and reducing reliance on GMO imports from other countries. European countries generally maintain a cautious approach to GMO crops, favoring strict labeling requirements and environmental concerns. In the EMEA Region, consumer needs often revolve around organic and non-GMO products,which affects GMO seed manufacturers and suppliers in this market. In the Middle East countries, as water scarcity and arid climates prevail, there is a growing interest in developing GMO crops that are drought-tolerant and salt-resistant.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the GMO Crops & Seeds Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Rising Food Security Concerns Coupled with Increasing Population
    • Growing Need to Improve Crop Yields, Quality, and Pest Resistance
    • Increasing Approvals and Safety Measures for Improved Commercial Application of GM Crops
    • Market Restraints
      • High Cost of GMO Seeds and Health Effects Associated with GMO Crops & Seeds
      • Market Opportunities
        • Increase in R&D Activities and Launch of Novel GM Crop Seeds
        • Upsurging Demand for Oleochemicals from Genetically Modified (GMO) crops
        • Market Challenges
          • Non-GMO Sentiments Associated with Environmental Concerns
          • Market Segmentation Analysis
            • Product: Increasing demand for Insect-tolerant (IT) Crops to eliminate need for insecticides
            • End User: Rising preference for e-commerce purchase due to ease of convenience
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the GMO Crops & Seeds Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the GMO Crops & Seeds Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Bayer Renews Partnership With Pairwise To Advance Gene-Edited Short Corn
              
              In an innovative agricultural endeavor, Bayer has partnered with gene-editing startup, Pairwise, to propel the development of short-statured corn—a new addition to Bayer's Preceon short corn lineup. This five-year collaborative venture promises to tackle the challenges of crop damage caused by severe weather by delivering corn plants that are 40% shorter than their conventional counterparts but possess increased resilience and sturdiness.
              
              Syngenta and Unium Bioscience to Bring Novel Biological Seed Treatment To Northwest Europe
              
              Syngenta Biologicals, in a strategic move toward sustainable agriculture, has partnered with Unium Bioscience to pioneer advanced biological seed treatments for farmers across Northwest Europe, starting with the breakthrough product NUELLO iN. The partnership grants Syngenta exclusive rights to distribute NUELLO iN, along with exclusive commercial distribution of Unium's established TIROS treatment, which will continue to be offered under NUELLO iN branding in the UK.
              
              Argentina's GDM Prepares Launch of new GMO Soy Seeds in South Africa
              
              GDM has initiated procedures to register 13 soybean varieties in South Africa following the nation's authorization of a new genetically modified (GMO) seed technology. These varieties incorporate Bayer's INTACTA RR2 PRO technology, enhancing the plants' resistance to caterpillars and tolerance to glyphosate-based herbicides.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the GMO Crops & Seeds Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the GMO Crops & Seeds Market, highlighting leading vendors and their innovative profiles. These include AgReliant Genetics, LLC, BASF SE, Bayer AG, Canterra Seeds Holdings Ltd., Corteva, Inc., DLF Seeds A/S, Dow Inc., Groupe Limagrain Holding, Hudson River Biotechnology, JK Agri Genetics Ltd., KWS SAAT SE & Co. KGaA, Land O'Lakes, Inc., Mahyco Private Limited, Nuseed Global, Nutrien Ag Solutions, Inc., Pairwise, Phylos Bioscience, Inc., Phytoform Labs, S&W Seed Company, Sakata Seed Corporation, Stine Seed Farm, Inc., Syngenta Group, Takii & Co., Ltd., Tropic Biosciences Ltd., and UPL Limited.
            
            Market Segmentation & Coverage
            
            This research report categorizes the GMO Crops & Seeds Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Product
              • Herbicide Tolerance
              • Insect Tolerance
              • Seed
                • Crops
                  • Canola
                  • Corn
                  • Cotton
                  • Soya Bean
                  • Sugar Beet
                  • Fruits
                  • Vegetables
                  • End User
                    • Direct Sales
                    • E-Retailers
                    • Modern Trade
                    • Region
                      • Americas
                        • Argentina
                        • Brazil
                        • Canada
                        • Mexico
                        • United States
                          • California
                          • Florida
                          • Illinois
                          • New York
                          • Ohio
                          • Pennsylvania
                          • Texas
                          • Asia-Pacific
                            • Australia
                            • China
                            • India
                            • Indonesia
                            • Japan
                            • Malaysia
                            • Philippines
                            • Singapore
                            • South Korea
                            • Taiwan
                            • Thailand
                            • Vietnam
                            • Europe, Middle East & Africa
                              • Denmark
                              • Egypt
                              • Finland
                              • France
                              • Germany
                              • Israel
                              • Italy
                              • Netherlands
                              • Nigeria
                              • Norway
                              • Poland
                              • Qatar
                              • Russia
                              • Saudi Arabia
                              • South Africa
                              • Spain
                              • Sweden
                              • Switzerland
                              • Turkey
                              • United Arab Emirates
                              • United Kingdom
                              
                              
                              Please Note: PDF & Excel + Online Access - 1 Year