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Genetically Modified Seeds Market

Genetically Modified Seeds Market Forecasts to 2028 – Global Analysis By Trait (Insect Tolerance and Herbicide Tolerance), Crop Type, Distribution Channel (Online and Offline), Seed Type and By Geography

4.8 (75 reviews)
Published: July 2021 ID: SMRC20680
4.8 (75 reviews)
Published: July 2021 ID: SMRC20680

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Genetically Modified Seeds Market is accounted for $22.25 billion in 2020 and is expected to reach $39.10 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Rising demand for crop production and the rise in the adoption of biofuels are the major factors propelling the market growth. However, environmental concerns are hampering market growth.

Genetically modification (GM) of seeds involves the modification of the DNA of natural seeds, to increase tolerance against pests and herbicides, with the help of genetic engineering methods such as gene gun and agrobacterium tumefaciens. It also aids in improving the yield of the crop.

Based on the trait, the herbicide tolerance segment is estimated to have a huge demand due to the various benefits such as reduction in the number of herbicides used and the associated environmental impact as compared to conventional crop production methods. Herbicide tolerance in genetically modified crops protects against weeds and enhances the crop yield.

By geography, the Asia Pacific is going to have lucrative growth during the forecast period. Biotechnology in the agricultural field segment is exhibiting strong growth in emerging countries such as India and China, to provide enhanced crop yield against fluctuating environmental conditions such as drought and salinity.

Some of the key players profiled in the Genetically Modified Seeds Market include BASF SE, Bayer CropScience, Calyxt Inc., DowDuPont, JK Agri Genetics Ltd., Maharashtra Hybrid Seed Company (MAHYCO), Nuseed Pty Ltd, R. Simplot Co., Stine Seed Farm, Inc, Syngenta, Bayer AG, Monsanto Company Inc., Land O’Lakes, Sakata Seed, Takii Seed, DLF Seeds and Science, Kleinwanzlebener Saatzuch SAAT SE, and Groupe Limagrain.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 22.25 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

7.3%

Predicted 2028 Value:

USD 39.10billion

Forecast Years:

2021-2028

Tables, Graphs& Figures

130

Chapters Covered:

Trait, Crop Type, Distribution Channel, Seed Type and Region

Core Drivers and Opportunities:

  • Rising command for crop production
  • Increasing disposable income of consumers

Restraining Factors & Market Threats:

  • Environmental Concerns

 
Traits Covered:
• Insect Tolerance
• Herbicide Tolerance

Crop Types Covered:
• Corn
• Cotton
• Potato
• Soybean
• Sugar Beets
• Zucchini
• Canola

Distribution Channels Covered:
• Online
• Offline

Seed Types Covered:
• Genetically-Modified (GM) Fruit Seed
• Genetically-Modified (GM) Grain Seed
• Genetically-Modified (GM) Oil Seed
• Genetically-Modified (GM) Vegetable Seed
• Genetically-Modified (GM) Forage Seed

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Genetically Modified Seeds Market is majorly driven by increasing demand for crop production and the rise in the adoption of biofuels.

The herbicide tolerance segment is growing at the highest CAGR due to it provides protection against weeds and enhances crop yield.

North America dominated with a significant market share owing to the high adoption of genetically modified or biotech crops.

Asia Pacific market is growing at the highest CAGR owing to it provides enhanced crop yield against fluctuating environmental conditions such as drought and salinity.

Key players in Genetically Modified SeedsMarket include BASF SE, Bayer CropScience, Calyxt Inc., DowDuPont, JK Agri Genetics Ltd., Maharashtra Hybrid Seed Company (MAHYCO), Nuseed Pty Ltd, R. Simplot Co., Stine Seed Farm, Inc, Syngenta, Bayer AG, Monsanto Company Inc., Land O’Lakes, Sakata Seed, Takii Seed, DLF Seeds and Science, Kleinwanzlebener Saatzuch SAAT SE, and Groupe Limagrain.

1 Executive Summary          
          
2 Preface        
 
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Emerging Markets        
 3.7 Impact of Covid-19        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Genetically Modified Seeds Market, By Trait         
 5.1 Introduction        
 5.2 Insect Tolerance         
 5.3 Herbicide Tolerance        
          
6 Global Genetically Modified Seeds Market, By Crop Type         
 6.1 Introduction        
 6.2 Corn        
 6.3 Cotton        
 6.4 Potato        
 6.5 Soybean        
 6.6 Sugar Beets         
 6.7 Zucchini        
 6.8 Canola        
          
7 Global Genetically Modified Seeds Market, By Distribution Channel         
 7.1 Introduction        
 7.2 Online        
 7.3 Offline        
          
8 Global Genetically Modified Seeds Market, By Seed Type         
 8.1 Introduction        
 8.2 Genetically-Modified (GM) Fruit Seed        
 8.3 Genetically-Modified (GM) Grain Seed        
 8.4 Genetically-Modified (GM) Oil Seed        
 8.5 Genetically-Modified (GM) Vegetable Seed         
 8.6 Genetically-Modified (GM) Forage Seed        
          
9 Global Genetically Modified Seeds Market, By Geography         
 9.1 Introduction        
 9.2 North America        
  9.2.1 US       
  9.2.2 Canada       
  9.2.3 Mexico       
 9.3 Europe        
  9.3.1 Germany       
  9.3.2 UK       
  9.3.3 Italy       
  9.3.4 France       
  9.3.5 Spain       
  9.3.6 Rest of Europe       
 9.4 Asia Pacific        
  9.4.1 Japan       
  9.4.2 China       
  9.4.3 India       
  9.4.4 Australia       
  9.4.5 New Zealand       
  9.4.6 South Korea       
  9.4.7 Rest of Asia Pacific       
 9.5 South America        
  9.5.1 Argentina       
  9.5.2 Brazil       
  9.5.3 Chile       
  9.5.4 Rest of South America       
 9.6 Middle East & Africa        
  9.6.1 Saudi Arabia       
  9.6.2 UAE       
  9.6.3 Qatar       
  9.6.4 South Africa       
  9.6.5 Rest of Middle East & Africa       
          
10 Key Developments         
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 10.2 Acquisitions & Mergers        
 10.3 New Product Launch        
 10.4 Expansions        
 10.5 Other Key Strategies        
          
11 Company Profiling         
 11.1 BASF SE        
 11.2 Bayer CropScience        
 11.3 Calyxt Inc.        
 11.4 DowDuPont        
 11.5 JK Agri Genetics Ltd.        
 11.6 Maharashtra Hybrid Seed Company (MAHYCO)        
 11.7 Nuseed Pty Ltd        
 11.8 R. Simplot Co.        
 11.9 Stine Seed Farm, Inc         
 11.10 Syngenta        
 11.11 Bayer AG        
 11.12 Monsanto Company Inc.        
 11.13 Land O’Lakes        
 11.14 Sakata Seed        
 11.15 Takii Seed        
 11.16 DLF Seeds and Science        
 11.17 Kleinwanzlebener Saatzuch SAAT SE         
 11.18 Groupe Limagrain        


List of Tables          
1 Global Genetically Modified Seeds Market Outlook, By Region (2019-2028) ($MN)         
2 Global Genetically Modified Seeds Market Outlook, By Trait (2019-2028) ($MN)         
3 Global Genetically Modified Seeds Market Outlook, By Insect Tolerance (2019-2028) ($MN)         
4 Global Genetically Modified Seeds Market Outlook, By Herbicide Tolerance (2019-2028) ($MN)         
5 Global Genetically Modified Seeds Market Outlook, By Crop Type (2019-2028) ($MN)         
6 Global Genetically Modified Seeds Market Outlook, By Corn (2019-2028) ($MN)         
7 Global Genetically Modified Seeds Market Outlook, By Cotton (2019-2028) ($MN)         
8 Global Genetically Modified Seeds Market Outlook, By Potato (2019-2028) ($MN)         
9 Global Genetically Modified Seeds Market Outlook, By Soybean (2019-2028) ($MN)         
10 Global Genetically Modified Seeds Market Outlook, By Sugar Beets (2019-2028) ($MN)         
11 Global Genetically Modified Seeds Market Outlook, By Zucchini (2019-2028) ($MN)         
12 Global Genetically Modified Seeds Market Outlook, By Canola (2019-2028) ($MN)         
13 Global Genetically Modified Seeds Market Outlook, By Distribution Channel (2019-2028) ($MN)         
14 Global Genetically Modified Seeds Market Outlook, By Online (2019-2028) ($MN)         
15 Global Genetically Modified Seeds Market Outlook, By Offline (2019-2028) ($MN)         
16 Global Genetically Modified Seeds Market Outlook, By Seed Type (2019-2028) ($MN)         
17 Global Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Fruit Seed (2019-2028) ($MN)         
18 Global Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Grain Seed (2019-2028) ($MN)         
19 Global Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Oil Seed (2019-2028) ($MN)         
20 Global Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Vegetable Seed (2019-2028) ($MN)         
21 Global Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Forage Seed (2019-2028) ($MN)         
22 North America Genetically Modified Seeds Market Outlook, By Country (2019-2028) ($MN)         
23 North America Genetically Modified Seeds Market Outlook, By Trait (2019-2028) ($MN)         
24 North America Genetically Modified Seeds Market Outlook, By Insect Tolerance (2019-2028) ($MN)         
25 North America Genetically Modified Seeds Market Outlook, By Herbicide Tolerance (2019-2028) ($MN)         
26 North America Genetically Modified Seeds Market Outlook, By Crop Type (2019-2028) ($MN)         
27 North America Genetically Modified Seeds Market Outlook, By Corn (2019-2028) ($MN)         
28 North America Genetically Modified Seeds Market Outlook, By Cotton (2019-2028) ($MN)         
29 North America Genetically Modified Seeds Market Outlook, By Potato (2019-2028) ($MN)         
30 North America Genetically Modified Seeds Market Outlook, By Soybean (2019-2028) ($MN)         
31 North America Genetically Modified Seeds Market Outlook, By Sugar Beets (2019-2028) ($MN)         
32 North America Genetically Modified Seeds Market Outlook, By Zucchini (2019-2028) ($MN)         
33 North America Genetically Modified Seeds Market Outlook, By Canola (2019-2028) ($MN)         
34 North America Genetically Modified Seeds Market Outlook, By Distribution Channel (2019-2028) ($MN)         
35 North America Genetically Modified Seeds Market Outlook, By Online (2019-2028) ($MN)         
36 North America Genetically Modified Seeds Market Outlook, By Offline (2019-2028) ($MN)         
37 North America Genetically Modified Seeds Market Outlook, By Seed Type (2019-2028) ($MN)         
38 North America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Fruit Seed (2019-2028) ($MN)         
39 North America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Grain Seed (2019-2028) ($MN)         
40 North America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Oil Seed (2019-2028) ($MN)         
41 North America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Vegetable Seed (2019-2028) ($MN)         
42 North America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Forage Seed (2019-2028) ($MN)         
43 Europe Genetically Modified Seeds Market Outlook, By Country (2019-2028) ($MN)         
44 Europe Genetically Modified Seeds Market Outlook, By Trait (2019-2028) ($MN)         
45 Europe Genetically Modified Seeds Market Outlook, By Insect Tolerance (2019-2028) ($MN)         
46 Europe Genetically Modified Seeds Market Outlook, By Herbicide Tolerance (2019-2028) ($MN)         
47 Europe Genetically Modified Seeds Market Outlook, By Crop Type (2019-2028) ($MN)         
48 Europe Genetically Modified Seeds Market Outlook, By Corn (2019-2028) ($MN)         
49 Europe Genetically Modified Seeds Market Outlook, By Cotton (2019-2028) ($MN)         
50 Europe Genetically Modified Seeds Market Outlook, By Potato (2019-2028) ($MN)         
51 Europe Genetically Modified Seeds Market Outlook, By Soybean (2019-2028) ($MN)         
52 Europe Genetically Modified Seeds Market Outlook, By Sugar Beets (2019-2028) ($MN)          
53 Europe Genetically Modified Seeds Market Outlook, By Zucchini (2019-2028) ($MN)         
54 Europe Genetically Modified Seeds Market Outlook, By Canola (2019-2028) ($MN)         
55 Europe Genetically Modified Seeds Market Outlook, By Distribution Channel (2019-2028) ($MN)         
56 Europe Genetically Modified Seeds Market Outlook, By Online (2019-2028) ($MN)         
57 Europe Genetically Modified Seeds Market Outlook, By Offline (2019-2028) ($MN)         
58 Europe Genetically Modified Seeds Market Outlook, By Seed Type (2019-2028) ($MN)         
59 Europe Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Fruit Seed (2019-2028) ($MN)         
60 Europe Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Grain Seed (2019-2028) ($MN)         
61 Europe Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Oil Seed (2019-2028) ($MN)         
62 Europe Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Vegetable Seed (2019-2028) ($MN)         
63 Europe Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Forage Seed (2019-2028) ($MN)         
64 Asia Pacific Genetically Modified Seeds Market Outlook, By Country (2019-2028) ($MN)         
65 Asia Pacific Genetically Modified Seeds Market Outlook, By Trait (2019-2028) ($MN)         
66 Asia Pacific Genetically Modified Seeds Market Outlook, By Insect Tolerance (2019-2028) ($MN)         
67 Asia Pacific Genetically Modified Seeds Market Outlook, By Herbicide Tolerance (2019-2028) ($MN)         
68 Asia Pacific Genetically Modified Seeds Market Outlook, By Crop Type (2019-2028) ($MN)         
69 Asia Pacific Genetically Modified Seeds Market Outlook, By Corn (2019-2028) ($MN)         
70 Asia Pacific Genetically Modified Seeds Market Outlook, By Cotton (2019-2028) ($MN)         
71 Asia Pacific Genetically Modified Seeds Market Outlook, By Potato (2019-2028) ($MN)         
72 Asia Pacific Genetically Modified Seeds Market Outlook, By Soybean (2019-2028) ($MN)         
73 Asia Pacific Genetically Modified Seeds Market Outlook, By Sugar Beets (2019-2028) ($MN)         
74 Asia Pacific Genetically Modified Seeds Market Outlook, By Zucchini (2019-2028) ($MN)         
75 Asia Pacific Genetically Modified Seeds Market Outlook, By Canola (2019-2028) ($MN)         
76 Asia Pacific Genetically Modified Seeds Market Outlook, By Distribution Channel (2019-2028) ($MN)         
77 Asia Pacific Genetically Modified Seeds Market Outlook, By Online (2019-2028) ($MN)         
78 Asia Pacific Genetically Modified Seeds Market Outlook, By Offline (2019-2028) ($MN)         
79 Asia Pacific Genetically Modified Seeds Market Outlook, By Seed Type (2019-2028) ($MN)         
80 Asia Pacific Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Fruit Seed (2019-2028) ($MN)         
81 Asia Pacific Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Grain Seed (2019-2028) ($MN)         
82 Asia Pacific Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Oil Seed (2019-2028) ($MN)         
83 Asia Pacific Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Vegetable Seed (2019-2028) ($MN)         
84 Asia Pacific Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Forage Seed (2019-2028) ($MN)         
85 South America Genetically Modified Seeds Market Outlook, By Country (2019-2028) ($MN)         
86 South America Genetically Modified Seeds Market Outlook, By Trait (2019-2028) ($MN)         
87 South America Genetically Modified Seeds Market Outlook, By Insect Tolerance (2019-2028) ($MN)         
88 South America Genetically Modified Seeds Market Outlook, By Herbicide Tolerance (2019-2028) ($MN)         
89 South America Genetically Modified Seeds Market Outlook, By Crop Type (2019-2028) ($MN)         
90 South America Genetically Modified Seeds Market Outlook, By Corn (2019-2028) ($MN)         
91 South America Genetically Modified Seeds Market Outlook, By Cotton (2019-2028) ($MN)         
92 South America Genetically Modified Seeds Market Outlook, By Potato (2019-2028) ($MN)         
93 South America Genetically Modified Seeds Market Outlook, By Soybean (2019-2028) ($MN)         
94 South America Genetically Modified Seeds Market Outlook, By Sugar Beets (2019-2028) ($MN)         
95 South America Genetically Modified Seeds Market Outlook, By Zucchini (2019-2028) ($MN)         
96 South America Genetically Modified Seeds Market Outlook, By Canola (2019-2028) ($MN)         
97 South America Genetically Modified Seeds Market Outlook, By Distribution Channel (2019-2028) ($MN)         
98 South America Genetically Modified Seeds Market Outlook, By Online (2019-2028) ($MN)         
99 South America Genetically Modified Seeds Market Outlook, By Offline (2019-2028) ($MN)         
100 South America Genetically Modified Seeds Market Outlook, By Seed Type (2019-2028) ($MN)         
101 South America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Fruit Seed (2019-2028) ($MN)         
102 South America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Grain Seed (2019-2028) ($MN)         
103 South America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Oil Seed (2019-2028) ($MN)         
104 South America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Vegetable Seed (2019-2028) ($MN)         
105 South America Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Forage Seed (2019-2028) ($MN)         
106 Middle East & Africa Genetically Modified Seeds Market Outlook, By Country (2019-2028) ($MN)         
107 Middle East & Africa Genetically Modified Seeds Market Outlook, By Trait (2019-2028) ($MN)         
108 Middle East & Africa Genetically Modified Seeds Market Outlook, By Insect Tolerance (2019-2028) ($MN)         
109 Middle East & Africa Genetically Modified Seeds Market Outlook, By Herbicide Tolerance (2019-2028) ($MN)         
110 Middle East & Africa Genetically Modified Seeds Market Outlook, By Crop Type (2019-2028) ($MN)         
111 Middle East & Africa Genetically Modified Seeds Market Outlook, By Corn (2019-2028) ($MN)         
112 Middle East & Africa Genetically Modified Seeds Market Outlook, By Cotton (2019-2028) ($MN)         
113 Middle East & Africa Genetically Modified Seeds Market Outlook, By Potato (2019-2028) ($MN)         
114 Middle East & Africa Genetically Modified Seeds Market Outlook, By Soybean (2019-2028) ($MN)         
115 Middle East & Africa Genetically Modified Seeds Market Outlook, By Sugar Beets (2019-2028) ($MN)         
116 Middle East & Africa Genetically Modified Seeds Market Outlook, By Zucchini (2019-2028) ($MN)         
117 Middle East & Africa Genetically Modified Seeds Market Outlook, By Canola (2019-2028) ($MN)         
118 Middle East & Africa Genetically Modified Seeds Market Outlook, By Distribution Channel (2019-2028) ($MN)         
119 Middle East & Africa Genetically Modified Seeds Market Outlook, By Online (2019-2028) ($MN)         
120 Middle East & Africa Genetically Modified Seeds Market Outlook, By Offline (2019-2028) ($MN)         
121 Middle East & Africa Genetically Modified Seeds Market Outlook, By Seed Type (2019-2028) ($MN)          
122 Middle East & Africa Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Fruit Seed (2019-2028) ($MN)         
123 Middle East & Africa Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Grain Seed (2019-2028) ($MN)         
124 Middle East & Africa Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Oil Seed (2019-2028) ($MN)         
125 Middle East & Africa Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Vegetable Seed (2019-2028) ($MN)         
126 Middle East & Africa Genetically Modified Seeds Market Outlook, By Genetically-Modified (GM) Forage Seed (2019-2028) ($MN)         

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