Global Genetically Modified Seeds Market 2024-2028

PUBLISHED: April 1, 2024

PAGES: 173 Pages

DELIVERY TIME: 1-2 business days

SELECT AN OPTION

Technavio has been monitoring the genetically modified seeds market and is forecast to grow by $18.38 bn during 2022-2027, accelerating at a CAGR of 10.69% during the forecast period. Our report on the genetically modified seeds market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in the adoption of biofuels, advances in genetic engineering, and premium pricing of non-genetically modified food products.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.05%
CAGR	7.08%
Incremental Value	$12.80bn

Technavio's genetically modified seeds market is segmented as below:

By Product

Corn
Soyabean
Cotton
Canola
Others

By Type

Herbicide tolerance
Insect tolerance

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the high demand for crop production as one of the prime reasons driving the genetically modified seeds market growth during the next few years. Also, increased demand for oleo-chemicals and rise in molecular breeding will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the genetically modified seeds market covers the following areas:

Genetically modified seeds market sizing
Genetically modified seeds market forecast
Genetically modified seeds market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading genetically modified seeds market vendors that include BASF SE, Cibus, FMC Corp., Groupe Limagrain Holding, HSR Seeds, JK Agri Genetics Ltd., KWS SAAT SE and Co. KGaA, Land O Lakes Inc., Pioneer, Rallis India Ltd., Rasi Seeds P Ltd., Royal Barenbrug Group, Stine Seed Co., Syngenta Crop Protection AG, Takii and Co. Ltd., Terranova Seeds Australia, UPL Ltd., Bayer AG, Corteva Inc., and Sakata Seed Corp. Also, the genetically modified seeds market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71270

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global genetically modified seeds market 2018 - 2022
4.2 Product Segment Analysis 2018 - 2022
4.3 Type Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments
6.2 Comparison by Product
6.3 Corn - Market size and forecast 2023-2028
6.4 Soybean - Market size and forecast 2023-2028
6.5 Cotton - Market size and forecast 2023-2028
6.6 Canola - Market size and forecast 2023-2028
6.7 Others - Market size and forecast 2023-2028
6.8 Market opportunity by Product

7 Market Segmentation by Type

7.1 Market segments
7.2 Comparison by Type
7.3 Herbicide tolerance - Market size and forecast 2023-2028
7.4 Insect tolerance - Market size and forecast 2023-2028
7.5 Market opportunity by Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 APAC - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 India - Market size and forecast 2023-2028
9.10 Brazil - Market size and forecast 2023-2028
9.11 Argentina - Market size and forecast 2023-2028
9.12 Canada - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 BASF SE
12.4 Bayer AG
12.5 Cibus
12.6 Corteva Inc.
12.7 FMC Corp.
12.8 GenTech Seeds Pty Ltd
12.9 HSR Seeds
12.10 JK Agri Genetics Ltd.
12.11 KWS SAAT SE and Co. KGaA
12.12 Land O Lakes Inc.
12.13 Limagrain
12.14 Rasi Seeds P Ltd.
12.15 Royal Barenbrug Group
12.16 Sakata Seed Corp.
12.17 Tata Sons Pvt. Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations

Product Code: IRTNTR71270

Exhibits:

Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Product
Exhibits6: Executive Summary - Chart on Market Segmentation by Type
Exhibits7: Executive Summary - Chart on Incremental Growth
Exhibits8: Executive Summary - Data Table on Incremental Growth
Exhibits9: Executive Summary - Chart on Vendor Market Positioning
Exhibits10: Parent market
Exhibits11: Market Characteristics
Exhibits12: Offerings of vendors included in the market definition
Exhibits13: Market segments
Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Historic Market Size - Data Table on global genetically modified seeds market 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Product - Market share 2023-2028 (%)
Exhibits31: Data Table on Product - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Product
Exhibits33: Data Table on Comparison by Product
Exhibits34: Chart on Corn - Market size and forecast 2023-2028 ($ billion)
Exhibits35: Data Table on Corn - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Chart on Corn - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Corn - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Soybean - Market size and forecast 2023-2028 ($ billion)
Exhibits39: Data Table on Soybean - Market size and forecast 2023-2028 ($ billion)
Exhibits40: Chart on Soybean - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Soybean - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Cotton - Market size and forecast 2023-2028 ($ billion)
Exhibits43: Data Table on Cotton - Market size and forecast 2023-2028 ($ billion)
Exhibits44: Chart on Cotton - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Cotton - Year-over-year growth 2023-2028 (%)
Exhibits46: Chart on Canola - Market size and forecast 2023-2028 ($ billion)
Exhibits47: Data Table on Canola - Market size and forecast 2023-2028 ($ billion)
Exhibits48: Chart on Canola - Year-over-year growth 2023-2028 (%)
Exhibits49: Data Table on Canola - Year-over-year growth 2023-2028 (%)
Exhibits50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits53: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits54: Market opportunity by Product ($ billion)
Exhibits55: Data Table on Market opportunity by Product ($ billion)
Exhibits56: Chart on Type - Market share 2023-2028 (%)
Exhibits57: Data Table on Type - Market share 2023-2028 (%)
Exhibits58: Chart on Comparison by Type
Exhibits59: Data Table on Comparison by Type
Exhibits60: Chart on Herbicide tolerance - Market size and forecast 2023-2028 ($ billion)
Exhibits61: Data Table on Herbicide tolerance - Market size and forecast 2023-2028 ($ billion)
Exhibits62: Chart on Herbicide tolerance - Year-over-year growth 2023-2028 (%)
Exhibits63: Data Table on Herbicide tolerance - Year-over-year growth 2023-2028 (%)
Exhibits64: Chart on Insect tolerance - Market size and forecast 2023-2028 ($ billion)
Exhibits65: Data Table on Insect tolerance - Market size and forecast 2023-2028 ($ billion)
Exhibits66: Chart on Insect tolerance - Year-over-year growth 2023-2028 (%)
Exhibits67: Data Table on Insect tolerance - Year-over-year growth 2023-2028 (%)
Exhibits68: Market opportunity by Type ($ billion)
Exhibits69: Data Table on Market opportunity by Type ($ billion)
Exhibits70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits73: Chart on Geographic comparison
Exhibits74: Data Table on Geographic comparison
Exhibits75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits78: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits90: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits98: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits99: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits100: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits101: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits102: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits103: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibits104: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibits105: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits106: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits107: Chart on Argentina - Market size and forecast 2023-2028 ($ billion)
Exhibits108: Data Table on Argentina - Market size and forecast 2023-2028 ($ billion)
Exhibits109: Chart on Argentina - Year-over-year growth 2023-2028 (%)
Exhibits110: Data Table on Argentina - Year-over-year growth 2023-2028 (%)
Exhibits111: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits112: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits113: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits115: Market opportunity By Geographical Landscape ($ billion)
Exhibits116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits117: Impact of drivers and challenges in 2023 and 2028
Exhibits118: Overview on Criticality of inputs and Factors of differentiation
Exhibits119: Overview on factors of disruption
Exhibits120: Impact of key risks on business
Exhibits121: Vendors covered
Exhibits122: Matrix on vendor position and classification
Exhibits123: BASF SE - Overview
Exhibits124: BASF SE - Business segments
Exhibits125: BASF SE - Key news
Exhibits126: BASF SE - Key offerings
Exhibits127: BASF SE - Segment focus
Exhibits128: Bayer AG - Overview
Exhibits129: Bayer AG - Business segments
Exhibits130: Bayer AG - Key news
Exhibits131: Bayer AG - Key offerings
Exhibits132: Bayer AG - Segment focus
Exhibits133: Cibus - Overview
Exhibits134: Cibus - Product / Service
Exhibits135: Cibus - Key offerings
Exhibits136: Corteva Inc. - Overview
Exhibits137: Corteva Inc. - Business segments
Exhibits138: Corteva Inc. - Key offerings
Exhibits139: Corteva Inc. - Segment focus
Exhibits140: FMC Corp. - Overview
Exhibits141: FMC Corp. - Product / Service
Exhibits142: FMC Corp. - Key offerings
Exhibits143: GenTech Seeds Pty Ltd - Overview
Exhibits144: GenTech Seeds Pty Ltd - Product / Service
Exhibits145: GenTech Seeds Pty Ltd - Key offerings
Exhibits146: HSR Seeds - Overview
Exhibits147: HSR Seeds - Product / Service
Exhibits148: HSR Seeds - Key offerings
Exhibits149: JK Agri Genetics Ltd. - Overview
Exhibits150: JK Agri Genetics Ltd. - Product / Service
Exhibits151: JK Agri Genetics Ltd. - Key offerings
Exhibits152: KWS SAAT SE and Co. KGaA - Overview
Exhibits153: KWS SAAT SE and Co. KGaA - Business segments
Exhibits154: KWS SAAT SE and Co. KGaA - Key offerings
Exhibits155: KWS SAAT SE and Co. KGaA - Segment focus
Exhibits156: Land O Lakes Inc. - Overview
Exhibits157: Land O Lakes Inc. - Product / Service
Exhibits158: Land O Lakes Inc. - Key offerings
Exhibits159: Limagrain - Overview
Exhibits160: Limagrain - Business segments
Exhibits161: Limagrain - Key offerings
Exhibits162: Limagrain - Segment focus
Exhibits163: Rasi Seeds P Ltd. - Overview
Exhibits164: Rasi Seeds P Ltd. - Product / Service
Exhibits165: Rasi Seeds P Ltd. - Key offerings
Exhibits166: Royal Barenbrug Group - Overview
Exhibits167: Royal Barenbrug Group - Product / Service
Exhibits168: Royal Barenbrug Group - Key offerings
Exhibits169: Sakata Seed Corp. - Overview
Exhibits170: Sakata Seed Corp. - Business segments
Exhibits171: Sakata Seed Corp. - Key offerings
Exhibits172: Sakata Seed Corp. - Segment focus
Exhibits173: Tata Sons Pvt. Ltd. - Overview
Exhibits174: Tata Sons Pvt. Ltd. - Business segments
Exhibits175: Tata Sons Pvt. Ltd. - Key news
Exhibits176: Tata Sons Pvt. Ltd. - Key offerings
Exhibits177: Tata Sons Pvt. Ltd. - Segment focus
Exhibits178: Inclusions checklist
Exhibits179: Exclusions checklist
Exhibits180: Currency conversion rates for US$
Exhibits181: Research methodology
Exhibits182: Validation techniques employed for market sizing
Exhibits183: Information sources
Exhibits184: List of abbreviations