Transgenic Seeds Market Trends and Forecast
The future of the global transgenic seeds market looks promising with opportunities in the farmland and greenhouse markets. The global transgenic seeds market is expected to reach an estimated $66.4 billion by 2030 with a CAGR of 11.8% from 2024 to 2030. The major drivers for this market are increasing demand for higher crop yields and pest resistance, technological advancements in biotechnology, and growing adoption of sustainable agricultural practices.
• Lucintel forecasts that soybean is expected to witness the highest growth over the forecast period.
• Within this market, farmland is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Transgenic Seeds Market
• United States – Monsanto developing drought-tolerant transgenic corn seeds. Government supports biotechnology research with grants for sustainable agriculture and food security.
• Brazil – Embrapa launching genetically modified soybean seeds resistant to pests. Companies aim to increase yield targets with government backing for agricultural innovation.
• India – Mahyco collaborating with universities to introduce insect-resistant transgenic cotton seeds. Government targets include enhancing farmer income and reducing pesticide use in agriculture.
• China – Syngenta expanding production of transgenic rice seeds with improved nutritional value. Government promotes biotechnology adoption for food security and agricultural modernization.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Transgenic Seeds Market by Segment
The study includes a forecast for the global transgenic seeds market by type, application, and region.
Transgenic Seeds Market by Type [Value from 2018 to 2030]:
• Soybean
• Canola
• Cotton
• Corn
• Others
Transgenic Seeds Market by Application [Value from 2018 to 2030]:
• Farmland
• Greenhouse
• Others
Transgenic Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Transgenic Seeds Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies transgenic seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the transgenic seeds companies profiled in this report include-
• Dupont
• Syngenta
• Bayer Crop Science
• Limagrain
• Suntory
• Land OÄX%$%X Lakes
• KWS
Recent Development in the Transgenic Seeds Market
• Bayer CropScience: Introducing herbicide-tolerant transgenic soybean seeds, enhancing weed management options for farmers.
• DuPont Pioneer: Launching transgenic maize seeds with enhanced resistance to multiple pests and diseases, aiming to improve crop resilience and yield.
• Dow AgroSciences: Developing transgenic cotton seeds with built-in resistance to major insect pests, reducing the need for pesticide applications.
• BASF Plant Science: Innovating in transgenic seeds to improve drought tolerance and nutrient efficiency in crops, addressing challenges posed by climate change and sustainable agriculture.
Features of the Global Transgenic Seeds Market
Market Size Estimates: Transgenic seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Transgenic seeds market size by type, application, and region in terms of value ($B).
Regional Analysis: Transgenic seeds market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the transgenic seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the transgenic seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the transgenic seeds market size?
Answer: The global transgenic seeds market is expected to reach an estimated $66.4 billion by 2030.
Q2. What is the growth forecast for transgenic seeds market?
Answer: The global transgenic seeds market is expected to grow with a CAGR of 11.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the transgenic seeds market?
Answer: The major drivers for this market are increasing demand for higher crop yields and pest resistance, technological advancements in biotechnology, and growing adoption of sustainable agricultural practices.
Q4. What are the major segments for transgenic seeds market?
Answer: The future of the global transgenic seeds market looks promising with opportunities in the farmland and greenhouse markets.
Q5. Who are the key transgenic seeds market companies?
Answer: Some of the key transgenic seeds companies are as follows:
• Dupont
• Syngenta
• Bayer Crop Science
• Limagrain
• Suntory
• Land OÄX%$%X Lakes
• KWS
Q6. Which transgenic seeds market segment will be the largest in future?
Answer: Lucintel forecasts that soybean is expected to witness the highest growth over the forecast period.
Q7. In transgenic seeds market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the transgenic seeds market by type (soybean, canola, cotton, corn, and others), application (farmland, greenhouse, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Transgenic Seeds Market Market, Transgenic Seeds Market Market Size, Transgenic Seeds Market Market Growth, Transgenic Seeds Market Market Analysis, Transgenic Seeds Market Market Report, Transgenic Seeds Market Market Share, Transgenic Seeds Market Market Trends, Transgenic Seeds Market Market Forecast, Transgenic Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.