Transgenic Seeds Market Growth Opportunities and Forecast Analysis Report By 2027


Posted September 6, 2022 by pranit10

In 2021, the Transgenic Seeds Market was valued at USD 34.3 billion and is expected to grow at a CAGR of 12.2 percent during the forecasting period (2022-2027).

 
Transgenic Seeds Market Overview:

The increase in population has caused a rise in demand for food and grains in the entire World; hence it has become essential to maximize the production capacity of crops without affecting the quality. Therefore a new market for transgenic seeds has emerged with superlative properties compared to regular crops; this market is expected to multiply rapidly.

The Transgenic Seeds Industry Report from Stellar Market Research provides readers with a comprehensive assessment of the global market landscape. This research on the Transgenic Seeds Market looks at the scenario from 2021 to 2027, taking 2020 as the base year and historical data from 2016 to 2019. This report assists clients in making core business decisions by providing them with a wealth of information covered in the research.

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https://www.stellarmr.com/report/req_sample/Transgenic-Seeds-Market/985

Increasing Global Population and Rising Demand for Food:



The dramatic growth of the population is primarily attributed to factors such as increased life expectancy due to scientific advancements, increasing urbanization, accelerating migration, and a rise in quality of living. By 2050, the World's population is expected to increase by 2 billion to reach a whopping 9.7 billion. Asia is the most populous continent accounting for 61 percent of the global population, followed by South America's 8 percent; China and India, the two most rapidly growing populations, have 37 percent of the total population. This unprecedented rise in the number and the rising incomes have propelled the demand for food to new heights.

Segmentation:

Insect resistance and herbicide tolerance, as well as other traits like altered product quality, disease resistance, and abiotic stress tolerance, make up the majority of the market segments for transgenic seeds. Midway through the 1990s, insect resistance genes were inserted into corn, and it is anticipated that during the projection period, corn will rule the market. Other traits like increased stress tolerance and product quality are anticipated to gain traction in the transgenic seed market as consumer awareness of crop quality rises. The dominance of corn and soybeans in the transgenic seed market is shown in the following graph.

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Key Players:

This research includes a selection of companies for a client's area of expertise, as well as up-to-date relevant data on strategic priorities such as mergers, acquisitions, partnerships, product development, and introductions. A team of expert researchers regularly updates and revise our data to represent the most contemporary events and developments. We have extensive research and consulting experience in many different business areas, allowing us to meet the needs of individuals and businesses. Our knowledgeable team integrates proprietary data sources as well as a range of different strategies The Transgenic Seeds industry's major participants are:

Vilmorin & Cie SA (France)
Maharashtra Hybrid Seed Company (India)
Bayer Crop Science AG (Germany)
Monsanto (US)
BASF SE (Germany)
Syngenta AG (Switzerland)
Simplot Co. (US)
JK Agri Genetics Ltd (India)
COVID-19 Impact Analysis on Transgenic Seeds Market:

The Global Transgenic Seeds Market Research Report gives an overview of the sector based on key parameters including sales volume, revenue, and sales forecasting, as well as major drivers. The market is expected to grow considerably throughout the forecasted period (2021-2027). COVID-19's most recent market ramifications are also included in this study. The global spread of the outbreak has had a broad influence on people's life. Industries have been forced to adopt new practices, tendencies, and tactics as a result. The case study tries to paint a portrait of the market's current and future expectations.

Key Questions Answered in the Transgenic Seeds Market Report are:

How has the Transgenic Seeds market's competitive landscape changed recently?
What is Transgenic Seeds's market size and share?
Where can I obtain sample market reports/company profiles?
Who are the Transgenic Seeds market's potential consumers?
Who are the primary competitors in the Transgenic Seeds industry?
Where can I get business profiles for the top 10 Transgenic Seeds market players?
Which region currently and in the future provides a greater commercial potential for Transgenic Seeds?
Who are the Transgenic Seeds industry's service providers?
What are Transgenic Seeds industry competitors' main growth methodologies?
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Tags transgenic seeds market
Last Updated September 6, 2022