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The global Genetically Modified Seeds market was valued at US$ 24760 million in 2022 and is projected to reach US$ 37510 million by 2029, at a CAGR of 6.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Genetically Modified Seeds, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Genetically Modified Seeds. This report contains market size and forecasts of Genetically Modified Seeds in global, including the following market information:
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.
We surveyed the Genetically Modified Seeds manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Genetically Modified Seeds Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Genetically Modified Seeds Market Segment Percentages, by Type, 2022 (%)
Insect Tolerance
Herbicide Tolerance
Global Genetically Modified Seeds Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Genetically Modified Seeds Market Segment Percentages, by Application, 2022 (%)
Corn
Soybean
Cotton
Canola
Global Genetically Modified Seeds Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Genetically Modified Seeds Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Genetically Modified Seeds revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Genetically Modified Seeds revenues share in global market, 2022 (%)
Key companies Genetically Modified Seeds sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Genetically Modified Seeds sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bayer
DowDuPont
Groupe Limagrain
Monsanto
Syngenta
Outline of Major Chapters:
Chapter 1: Introduces the definition of Genetically Modified Seeds, market overview.
Chapter 2: Global Genetically Modified Seeds market size in revenue and volume.
Chapter 3: Detailed analysis of Genetically Modified Seeds manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Genetically Modified Seeds in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Genetically Modified Seeds capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.