Global Genetically Modified Seeds Market Growth 2023-2029

Global Genetically Modified Seeds Market Growth 2023-2029

Genetically modification (GM) of seeds involves the modification of DNA of natural seeds, in order to increase tolerance against pests and herbicides, with the help of genetic engineering methods such as gene gun and agrobacterium tumefaciens. It also aids in improving the yield of the crop. Genetically modified seeds are gaining popularity over conventional seeds, owing to factors such as longer shelf life, improved yields, enhanced nutritional values, and capacity to sustain against climatic changes.

LPI (LP Information)' newest research report, the “Genetically Modified Seeds Industry Forecast” looks at past sales and reviews total world Genetically Modified Seeds sales in 2022, providing a comprehensive analysis by region and market sector of projected Genetically Modified Seeds sales for 2023 through 2029. With Genetically Modified Seeds sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Genetically Modified Seeds industry.

This Insight Report provides a comprehensive analysis of the global Genetically Modified Seeds landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Genetically Modified Seeds portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Genetically Modified Seeds market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Genetically Modified Seeds and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Genetically Modified Seeds.

The global Genetically Modified Seeds market size is projected to grow from US$ 23540 million in 2022 to US$ 36890 million in 2029; it is expected to grow at a CAGR of 36890 from 2023 to 2029.

GM seeds occupy more than 50% of the global commercial seeds market and include seeds like corn, soybean, cotton, canola, sugar beet, and wheat. These seeds have improved traits like high yields and resistance to adverse environmental conditions, pests, and herbicides. The genetically-modified seeds offer premium characteristics to increase yields, enable longer shelf life, and greater resistance to insects. The reducing size of arable land is the major growth driver for the implementation of GM crops, which will speed up the crop production process. Vendors in the market are coming up with several new GM crops which offer multiple modes of resistance to pests and diseases and increased tolerance to herbicides such as Vitamin A-enriched rice and wheat, drought tolerant maize, biofortified bananas, and pest resistant cowpea and beans.

This report presents a comprehensive overview, market shares, and growth opportunities of Genetically Modified Seeds market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Insect Tolerance
Herbicide Tolerance

Segmentation by application
Corn
Soybean
Cotton
Canola

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bayer
DowDuPont
Groupe Limagrain
Monsanto
Syngenta

Key Questions Addressed in this Report

What is the 10-year outlook for the global Genetically Modified Seeds market?

What factors are driving Genetically Modified Seeds market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Genetically Modified Seeds market opportunities vary by end market size?

How does Genetically Modified Seeds break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.