Genetically Modified Crops Market Size, Trends and Global Forecast To 2032

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Genetically Modified Crops Global Market Report
2023
Market Size, Trends and Global Forecast 2023-2032
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Genetically Modified Crops Market Segments
The Business Research Company segments its
genetically modified crops market report as
Herbicide Tolerance (HT), Insect Resistance (IR),
Stacked Traits (ST), Other Traits
By Trait
Soybean, Cotton, Maize, Oilseed Rape, tobacco,
Other Crops
By Crop
Gene Guns, Electroporation, Microinjection,
Agrobacterium, Other Techniques
By Technique
By Modification
Transgenic, Cis-genic, Sub-genic, Multiple Trait
Integration
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Genetically Modified Crops Market Statistics
The global genetically modified crops market size
will grow from 21.08 billion in 2022 to 22.29
billion in 2023 at a compound annual growth rate
(CAGR) of 5.8. The global genetically modified
crops market size is expected to grow to 28.03
billion in 2027 at a CAGR of 5.9.
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Key Market Drivers And Trends
Drivers
The environmental concerns and benefits offered
by GM crops drive the demand for the market over
the forecast period.
Trends
The exponential increase in the world's
population around the globe drives the need to
implement genetically modified crops.
Region
North America was the largest region in the
genetically modified crop market in 2022. South
America was the second largest region in the
global genetically modified crops market. The
regions covered in the global genetically
modified crops market report are Asia-Pacific,
Western Europe, Eastern Europe, North America,
South America, Middle East, and Africa.
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Key Market Players

• Major players in the Genetically Modified Crops
  market are
• Bayer AG
• BASF SE
• Syngenta AG
• The Dow Chemical Company
• Dupont
• And more.

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