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Global Genetically Modified Seeds Market Size To Reach at CAGR of 9.83% Over 2016-2020

Press Release   •   Jan 09, 2017 12:26 IST

Worldwide Market studies the current scenario as well as future market potential of "Global Genetically Modified Seeds Market 2016-2020"

Genetic modification (GM), also called genetic engineering (GE), is a technology where new traits are introduced into an organism by directly manipulating its genetic makeup. For instance, Deoxyribonucleic acid (DNA), is introduced or manipulated through intervention at the molecular level using biotechnology. In the process of this technology, scientists manipulate the characteristics of plants and animals by introducing DNA fragments, whole genes, or long stretches of DNA segments from different organisms. Scientists can also remove or exchange sequences of DNA in organisms or introduce genetic material to silent genes. GM seeds have a larger shelf life and pest resistance as compared to the conventional or non-GM seeds.

Technavios analysts forecast the global genetically modified (GM) seeds market to grow at a CAGR of 9.83% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global genetically modified (GM) seeds market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of corn seeds, soybean seeds, cotton seeds, canola seeds, and other seeds (sugar beets, wheat, tomato, papaya, and alfalfa) to the agricultural farmers of GM crops in the market.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

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Technavio's report, Global Genetically Modified (GM) Seeds Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Bayer CropScience
DowDuPont
Groupe Limagrain
Monsanto
Syngenta

Other prominent vendors

BASF
DLF Seeds and Science
Kleinwanzlebener Saatzuch SAAT SE
Land O'Lakes
Sakata Seed
Takii Seed

Market driver

Premium pricing of non-GM food products
For a full, detailed list, view our report

Market challenge

Increase in demand for organic food products
For a full, detailed list, view our report

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Market trend

Rising strategic alliances in GM seeds market
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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