GMO Crops and Seeds - Global Strategic Business Report

The global market for GMO Crops and Seeds was estimated at US$70.1 Billion in 2023 and is projected to reach US$102.0 Billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global GMO Crops and Seeds Market - Key Trends & Drivers Summarized

How Are GMOs Shaping Agricultural Productivity?

Genetically modified (GMO) crops and seeds have become central to modern agriculture due to their potential to improve crop yield, resilience, and nutritional content. GMO crops are engineered to resist pests, tolerate herbicides, and withstand extreme environmental conditions, enabling farmers to achieve higher productivity. These traits are particularly valuable in regions facing food insecurity or adverse climate conditions, where GMO crops can provide a stable food supply. As global demand for food continues to rise, GMO crops offer a viable solution for increasing agricultural productivity and addressing food shortages.

Why Is the Demand for Herbicide-Resistant and Pest-Resistant Crops Growing?

The demand for herbicide-resistant and pest-resistant GMO crops has grown as farmers seek effective ways to reduce crop loss and minimize the use of chemical pesticides. Crops engineered to be herbicide-tolerant allow for more targeted weed management, which can lower production costs and reduce environmental impact. Pest-resistant crops, such as those containing Bacillus thuringiensis (Bt) genes, provide natural defense against pests, reducing the need for insecticides. This trend is particularly significant in regions with high agricultural output, where reducing pesticide usage is a priority for both environmental and economic reasons.

What Role Do Regulatory Approvals Play in Market Expansion?

Regulatory approvals play a crucial role in the GMO crops and seeds market, as different regions have varying acceptance levels for genetically modified products. In countries like the United States, Brazil, and Argentina, GMO crops are widely accepted, allowing for significant market penetration and innovation in genetic engineering. Conversely, regions with strict regulations, such as Europe, limit GMO adoption, affecting market dynamics. However, as food security concerns grow, some regulatory bodies are revisiting policies on GMOs, potentially expanding the scope for GMO crop cultivation and creating new opportunities for market growth.

What Drives the Growth of the GMO Crops and Seeds Market?

The growth in the GMO crops and seeds market is driven by several factors, including the need for higher agricultural productivity, demand for herbicide and pest resistance, and regulatory shifts. Increasing global food demand has pushed for agricultural solutions that enhance crop yield and resilience, making GMO crops an attractive option. The benefits of herbicide and pest resistance are significant for farmers aiming to reduce chemical usage and enhance sustainability. Regulatory changes, particularly in countries reassessing GMO policies, also impact market expansion. Collectively, these factors support the growth of the GMO crops and seeds market as it adapts to global food supply challenges.

Scope of the Study

The report analyzes the GMO Crops and Seeds market, presented in terms of market value (US$ Million). The analysis covers the key segments and geographic regions outlined below.

Segments

Crop Type (Corn, Soybean, Cotton, Alfalfa, Other Crop Types); Trait (Herbicide Tolerance, Insect Tolerance, Other Traits)

Geographic Regions/Countries

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Corn Crop segment, which is expected to reach US$45.0 Billion by 2030 with a CAGR of a 6.4%. The Soybean Crop segment is also set to grow at 5.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $18.9 Billion in 2023, and China, forecasted to grow at an impressive 9.2% CAGR to reach $22.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global GMO Crops and Seeds Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global GMO Crops and Seeds Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global GMO Crops and Seeds Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players in the Global GMO Crops and Seeds Market such as AgReliant Genetics LLC, BASF SE, Bayer Crop Science Ltd., Canterra Seeds Holdings Ltd., DLF Seeds & Science and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 19 companies featured in this Global GMO Crops and Seeds Market report include:

• AgReliant Genetics LLC
• BASF SE
• Bayer Crop Science Ltd.
• Canterra Seeds Holdings Ltd.
• DLF Seeds & Science
• Dow AgroSciences LLC
• Dow, Inc.
• DuPont de Nemours, Inc.
• Groupe Limagrain Holding SA
• KWS SAAT SE
• Land O`Lakes, Inc.
• Monsanto Company
• Sakata Seed Corporation
• Syngenta AG
• Takii & Co., Ltd. (Takii Seeds)