PUBLISHER: The Business Research Company | PRODUCT CODE: 1664342
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664342
Genetically modified vegetables are vegetables whose genetic material undergoes alterations. The DNA of these plants is introduced with a gene from bacteria or another organism, leading to the manifestation of the traits represented by the inserted gene. These vegetables are employed to enhance resistance to specific diseases and chemicals.
The primary categories of modification in genetically modified vegetables include transgenic, cis-genic, sub-genic, and multiple trait integrations. Transgenic modification involves altering plants using genes from a distinct organism, such as a bacterium. The crops affected by this process include soybean, cotton, maize, oilseed rape, canola, alfalfa, and other crops modified through gene guns, electroporation, microinjection, agrobacterium, and various techniques incorporating herbicide tolerance (HT), insect resistance (IR), stacked traits, and other attributes utilized in scientific research and agricultural crops.
The genetically modified vegetable market research report is one of a series of new reports from The Business Research Company that provides genetically modified vegetable market statistics, including genetically modified vegetable industry global market size, regional shares, competitors with genetically modified vegetable market share, detailed genetically modified vegetable market segments, market trends, and opportunities, and any further data you may need to thrive in the genetically modified vegetable industry. This genetically modified vegetable market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The genetically modified vegetables market size has grown rapidly in recent years. It will grow from $0.12 billion in 2024 to $0.13 billion in 2025 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to increased crop yield, pest resistance, drought tolerance, improved shelf life, enhanced nutritional content, weed control.
The genetically modified vegetables market size is expected to see rapid growth in the next few years. It will grow to $0.21 billion in 2029 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to consumer health awareness, climate change adaptation, regulatory support, food security concerns, global population growth. Major trends in the forecast period include biotech research and innovation, biotic and abiotic stress tolerance, precision breeding techniques, global collaboration on research, organic and sustainable agriculture.
The growing demand for healthier and more productive crops is propelling the genetically modified vegetable market forward. Crops refer to plants cultivated for economic gain. With a steady global population and diminishing agricultural land, coupled with increased drought conditions, the need for high-yield crop varieties is rising. This demand can be addressed through genetically modified vegetables. For example, in October 2024, the Food and Agriculture Organization (FAO), an agency of the United Nations based in Italy, predicted that global rice production in 2024 would reach a record 539.2 million metric tons, spurred by favorable conditions in India, illustrating the heightened demand for productive and resilient crops. Additionally, global wheat production is expected to rise to 792.9 million tons in 2024, with improved yield prospects in Australia enhancing the global focus on healthier and higher-yielding agricultural outputs. Therefore, the increasing need for high-yielding and nutritious crops is driving the growth of the genetically modified vegetable market.
The rise in pest outbreaks is anticipated to drive the growth of the genetically modified vegetables market in the future. Genetically modified vegetables, engineered with pest-resistant traits, offer a proactive and sustainable approach to managing infestations. These crops lessen the reliance on chemical pesticides, boost crop yields, and provide economic advantages to farmers. By alleviating the effects of pests, genetically modified vegetables support global food security, address environmental issues, and respond effectively to emerging pest threats. For instance, in March 2024, the Crop Protection Network, a US-based collaboration of university and provincial extension specialists, reported that disease losses in Ontario, Canada, were estimated at 6.1% in 2023, representing an increase from the previous year and indicating a resurgence of pest outbreaks and disease pressures associated with shifting environmental conditions and agricultural practices. Therefore, the increasing outbreaks of pests are propelling the growth of the genetically modified vegetables market going forward.
Leading companies in the genetically modified vegetable market are creating innovative solutions, including genetically modified organism (GMO) programs, to enhance resilience and productivity in agriculture, thus improving food security and increasing farmers' incomes amid climate challenges and agricultural pests. A genetically modified organism (GMO) refers to a plant, animal, or microbe whose genetic material has been modified using biotechnology to express specific desired traits, often for agricultural, medical, or industrial applications. For example, in October 2024, the Rwanda Agriculture and Animal Resources Development Board (RAB), an autonomous body in Rwanda, initiated the Agricultural Biotechnology Programme. This program focuses on integrating genetically modified varieties of cassava and potatoes that are designed to resist diseases, pests, and drought conditions. This initiative is significant as it aims to boost agricultural productivity and resilience, tackle food security challenges, and improve the livelihoods of Rwandan farmers while decreasing reliance on imported staple foods.
Major companies in the genetically modified vegetables market are also investing in developing new virus-resistant vegetables to sustain their market presence. Virus-resistant vegetables are genetically modified or selectively bred varieties engineered to possess natural resistance against specific viruses. In November 2023, Syngenta AG, a Switzerland-based agrichemical company, introduced four new baby plum tomato varieties with genetic resistance to Tomato Brown Rugose Fruit Virus (ToBRFV). These varieties not only offer high yield potential but also provide resistance to key pathogens, maintaining the expected quality and taste for growers and consumers.
In May 2024, Bayer AG, a pharmaceutical and biotechnology company based in Germany, announced a partnership with G+FLAS Life Sciences Inc. This collaboration seeks to utilize innovative genome editing technologies to create nutritionally enhanced vegetables, tackling global health concerns such as vitamin D deficiency while also boosting agricultural productivity and consumer appeal. G+FLAS Life Sciences Inc. is a biotechnology firm located in South Korea that specializes in developing biopharmaceuticals and transformed crops using CRISPR/Cas9-enabled products.
Major companies operating in the genetically modified vegetables market include BASF SE, Bayer AG, Syngenta AG, Dupont de Nemours Inc., Groupe Limagrain Holding SA, JR Simplot Company, JKAgri Genetics Ltd., Mahyco Private Limited, Calyxt Inc., Stine Seed Farm Inc., Nuseed Pty Ltd., KWS SAAT SE & Co. KGaA, Sakata Seed Corporation, Okanagan Specialty Fruits Inc., Pairwise Plants LLC, Corteva Inc., Sakata Seed America Inc., Limagrain Holding SA, Arcadia Biosciences Inc., Benson Hill Biosystems Inc.
North America was the largest region in the genetically modified vegetables market in 2024. The regions covered in the genetically modified vegetables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the genetically modified vegetables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The genetically modified vegetable market consists of sales of arctic apples, summer squash, and genetically modified Potatoes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Genetically Modified Vegetables Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on genetically modified vegetables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for genetically modified vegetables ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The genetically modified vegetables market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.