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Genetically Modified Seeds Market to Witness High Growth Due To Rise in Adoption of Genetic Medication in Agricultural Practices | Syngenta A.G., BASF S.E., Bayer A.G

“Coherent Market Insights announced that it’s published an exclusive report namely Global Genetically Modified Seeds Market by Manufacturers, Regions, Type, and Application, Forecast to 2028 in its research database with report summary, table of content, research methodologies, and data sources. The research study offers a substantial knowledge platform for entrants and investors as well as veteran companies, manufacturers functioning in the Worldwide Genetically Modified Seeds Market. This is an informative study covering the market with an in-depth analysis and portraying the current state of affairs in the industry.”

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Genetically modified seeds offer increased crop yields. While GM crops can reduce the cost of pesticides and fertilizers, many farmers still question whether or not these technologies are safe. Although most of these products are backed by research, there are many controversies about them. The debate surrounding the use of Genetically Modified (GM) seeds continues to be one of the biggest issues of the time.

Market Dynamics:

The adoption of genetic modification in agricultural processes is increasing, which in turn is expected to propel growth of the genetically modified seeds market over the forecast period. Genetically modified seeds are known to be beneficial compared to normal seeds. These modified genes boost the yields grown on the same land, decreased the damage to crops from weeds, insects and diseases. For instance, in August 2021, Corteva Inc. launched a novel genetically modified soybean seed in Brazil after the approval of the product in the European Union.

However, monopolizing of the seed market, elimination of farmer choice of seed, and escalating seed prices are likely to hamper growth of the global genetically modified seeds market over the forecast period.

Impact of COVID-19:

The COVID-19 pandemic affected more than 100 countries around the world. The outbreak of virus spread across many countries which led to implementation of stringent regulations to control the virus spread. Due to these countrywide lockdowns, various market activities were closed down. Research and development activities were also hindered due to the pandemic. The demand for genetically modified seeds declined during this period, which hampered growth of the global genetically modified seeds market during the COVID-19 pandemic.

Key Takeaways:

  • The global genetically modified seeds market is estimated to grow, with a CAGR over the forecast period due to market players increasingly adopting collaborative growth strategies for R&D. For instance, in May 2022, The University of Cologne won a funding for a new Collaborative Research Center (CRC) from the German Research Foundation (DFG), for Plant Breeding Research.

  • North America among regions is anticipated to witness high growth in the global genetically modified seeds market over the forecast period. This growth can be attributed to high rate of adoption of biotech or genetically modified crops across the region.

  • Key players operating in the global genetically modified seeds market are AgReliant Genetics LLC, Syngenta A.G., Takii and Co. Ltd., BASF S.E., Canterra Seeds Holdings Ltd., Bayer A.G, DLF Seeds A/S, Monsanto Company, Bejo Zaden B.V., DowDupont Inc., and Groupe Limagrain Holding S.A.

Major Players Are Operating In The Market: Syngenta A.G., BASF S.E., Bayer A.G, Monsanto Company, DowDupont Inc., Groupe Limagrain Holding S.A., Bejo Zaden B.V., DLF Seeds A/S, Canterra Seeds Holdings Ltd., Takii and Co. Ltd., and AgReliant Genetics LLC.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Genetically Modified Seeds Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Genetically Modified Seeds Industry Impact

Chapter 2 Global Genetically Modified Seeds Competition by Types, Applications, and Top Regions and Countries
2.1 Global Genetically Modified Seeds (Volume and Value) by Type
2.3 Global Genetically Modified Seeds (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Genetically Modified Seeds Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Genetically Modified Seeds Market Analysis
Chapter 6 East Asia Genetically Modified Seeds Market Analysis
Chapter 7 Europe Genetically Modified Seeds Market Analysis
Chapter 8 South Asia Genetically Modified Seeds Market Analysis
Chapter 9 Southeast Asia Genetically Modified Seeds Market Analysis
Chapter 10 Middle East Genetically Modified Seeds Market Analysis
Chapter 11 Africa Genetically Modified Seeds Market Analysis
Chapter 12 Oceania Genetically Modified Seeds Market Analysis
Chapter 13 South America Genetically Modified Seeds Market Analysis
Chapter 14 Company Profiles and Key Figures in Genetically Modified Seeds Business
Chapter 15 Global Genetically Modified Seeds Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
Continued….

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