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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