Genetically Modified (GM) Seeds Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2019 – 2028 - PowerPoint PPT Presentation

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Genetically Modified (GM) Seeds Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2019 – 2028

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The global genetically modified seeds market was valued at US$ 23.06 billion in 2020 and is predictable to reach US$ 37.51 billion in 2028; projected to grow at a CAGR of 37.51 % during the forecast period from 2021- 2028. Genetically modified seeds are termed as the seeds which have been modified to comprise specific characteristics like resistance to herbicides or resistance to pests. GM seeds are advantageous compared to conventional seeds owing to increasing yields, long shelf life, an ability to sustain climate change, reduction of crop damage from weeds, diseases and insects while improving nutrition value. Various research and developments in seeds modification via genetic decoding helps the farmers from environmental conditions like drought, and salinity and demand for more genetically modified seeds owing to its advantages. – PowerPoint PPT presentation

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Title: Genetically Modified (GM) Seeds Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2019 – 2028


1
Genetically Modified (GM) Seeds Market
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Genetically Modified (GM) Seeds Market Global
Scenario, Market Size, Outlook, Trend, and
Forecast, 2019 2028
  • The global genetically modified seeds market
    was valued at US 23.06 billion in 2020 and is
    predictable to reach US 37.51 billion in 2028
    projected to grow at a CAGR of 37.51 during the
    forecast period from 2021- 2028. Genetically
    modified seeds are termed as the seeds which have
    been modified to comprise specific
    characteristics like resistance to herbicides or
    resistance to pests. GM seeds are advantageous
    compared to conventional seeds owing to
    increasing yields, long shelf life, an ability to
    sustain climate change, reduction of crop damage
    from weeds, diseases and insects while improving
    nutrition value. Various research and
    developments in seeds modification via genetic
    decoding helps the farmers from environmental
    conditions like drought, and salinity and demand
    for more genetically modified seeds owing to its
    advantages.

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Market Dynamics
  • Modern biotechnology plays a vital role in
    increasing the per hectare production of more
    nutritious crop varieties while protecting
    natural resources. Increasing demand for seeds
    from the sectors like food, animal feed, beverage
    and biofuels industry is uplifting the growing
    market demand for genetically modified seeds.
    Demand for genetically modified (GM) seeds have
    seen growth in the countries like India, and
    China owing to huge population base which urge
    for ever increasing food grains demand driving
    the market growth in the region. According to US
    Energy Information Administration (EIA), corn is
    a primary feedstock of ethanol production, U.S.
    produced 15.1 billion heaps of corn during
    20162017 greater than 11 from 20152016.
    Furthermore, according to Renewable Fuel
    Association, total ethanol production of the U.S.
    has increased from 14.30 billion gallons in 2014
    to 14.81 billion gallons in 2015.Further,
    escalating demand of oleo-chemicals from
    genetically modified seeds will acts as a
    significant trend for market growth owing to
    numerous industries shifting towards
    oleo-chemicals instead of petrochemicals as
    oleo-chemical has cheaper cost and eco-friendly
    nature.
  • Unpredictable climatic conditions and high demand
    for food from end users demands for adoption of
    genetically modified (GM) seeds is growing among
    farmers. Cost of developing GM seeds is soaring
    thus propelling seeds price. However, strict
    regulations levied by several regulatory bodies
    such as Environmental Protection Agency, United
    States Department of Agriculture and Food Drug
    Administrationlimits usage of genetically
    modified crops thusdeterring market
    growth.Incident of profit orientation by
    exporting fake genetically modified seeds and
    counterfeit of seeds and packages by repacking in
    smaller volumes and selling loosely have risen in
    the developing countries owing to low income of
    farmers.

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  • North America dominates genetically modified (GM)
    seeds market owing to high acceptance of
    genetically modified or biotech crops in the
    region. Asia Pacific is predictable to exhibit
    swift growth during the forecast period.
  • Prominent players associated in the global
    genetically modified (GM) seeds market
    includesAgReliant Genetics LLC, BASF SE, Bayer
    Crop Science Ltd., Canterra Seeds Holdings Ltd.,
    DLFSeeds Science, Dow AgroSciences LLC,
    DowDuPont, Inc., Groupe Limagrain Holding SA, KWS
    SAAT SE, Land O'Lakes, Inc., Monsanto Company,
    Sakata Seed Corporation, Syngenta AG and Takii
    Seeds among others.
  • Global genetically modified (GM) seeds market is
    segmented by type, crop type, trait,distribution
    channel and region. By type, it is categorised
    into conventional and genetically modified. Based
    on crop type, it bifurcates into cereals
    grains, oilseeds pulses, fruits vegetables
    and others (including fiber crops other
    commercial crops like tobacco and medicinal
    plants). By trait, it is grouped into insect
    resistance, herbicide tolerance and others.
    Further, distribution channel segments into e-
    retailers, direct sales and others. Based on
    regional insights, it bifurcates into North
    America (US, Canada, Rest of North America), Asia
    Pacific (China, India, Vietnam, Bangladesh, Rest
    of Asia Pacific), Europe (UK, Russia, Germany,
    Rest of Europe), Rest of the World (Latin America
    and Middle East Africa).

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Segmentation and Scope of the Global Genetically
Modified (GM) Seeds Market
  • Global genetically modified (GM) seeds market is
    segmented into type, crop type, trait,
    distribution channel and region.
  • By Type
  • Conventional
  • Genetically Modified
  • By Crop Type
  • Cereals Grains
  • Oilseeds Pulses
  • Fruits Vegetables
  • Others (including fiber crops other commercial
  • crops like tobacco and medicinal plants)
  • By Trait
  • Insect Resistance
  • Herbicide Tolerance
  • Others
  • By Distribution Channel
  • e-Retailers
  • Direct Sales
  • Others
  • By Region
  • Latin America
  • Argentina
  • Brazil
  • Chile
  • Colombia
  • Rest of Latin America
  • North America
  • US
  • Canada
  • Rest of North America
  • Europe
  • UK
  • Germany
  • Russia
  • Italy
  • Rest of Europe
  • Asia Pacific
  • India
  • China
  • Vietnam
  • Bangladesh
  • Rest of Asia Pacific
  • Rest of World
  • Middle East Africa
  • Sudan

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Prominent players in the Global Genetically
Modified (GM) Seeds Market includes
  • AgReliant Genetics LLC
  • BASF SE
  • Bayer Crop Science Ltd.
  • Canterra Seeds Holdings Ltd.
  • DLF Seeds Science
  • Dow AgroSciences LLC
  • DowDuPont, Inc.
  • Groupe Limagrain Holding SA
  • KWS SAAT SE
  • Land O'Lakes Inc.
  • Monsanto Company
  • Sakata Seed Corporation
  • Syngenta AG
  • Takii Seeds

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