Product Code: r7540
“Transgenic Seeds Global Market Report 2023 ” 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 transgenic seeds 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.
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- Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for transgenic seeds ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The transgenic seeds 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.
Scope
Markets Covered:
- 1) By Type: Farmland; Green House
- 2) By Trait: Herbicide Tolerance; Insect- Resistance; Other Traits
- 3) By Crop: Maize; Cotton; Rice; Soybean; Canola; Other Crops
- 4) By End -User: Insect Resistance; Herbicide Tolerance; Virus Resistance; Altered Oil Composition; Delayed Fruit Ripening; Male Sterility And Restorer System
- Companies Mentioned: BASF SE; DuPont de Nemours Inc.; Syngenta AG; Vilmorin And Cie SA; Bayer AG
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the transgenic seeds market are BASF SE, DuPont de Nemours Inc., Syngenta AG, Vilmorin And Cie SA, Bayer AG, Monsanto, Maharashtra Hybrid Seeds Company Private Limited, JK Agri Genetics Ltd., Bejo Zaden B.V., Groupe Limagrain, Kaveri Seed Company Ltd., Land O Lakes Inc., Calyxt Inc., Real Seeds, and SCC GmbH.
The global transgenic seeds market is expected to grow from $38.54 billion in 2022 to $44.02 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The transgenic seeds market is expected to reach $71.99 billion in 2027 at a CAGR of 13%.
The transgenic seeds market consists of sales of genetically modified seeds of potatoes, squash, zucchini, alfalfa, papaya, apple, and tomato. 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
Transgenic seed, also known as genetically modified seed, refers to a seed from plant whose genetic composition has been altered through techniques other than those used in conventional plant breeding to produce seed that contains chosen genes from other plants. It is used to create plants with desired features and higher yields.
North America was the largest region in the transgenic seeds market in 2022. The regions covered in transgenic seeds report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa
The main types of land used for transgenic seeds are farmland and green houses. Farmland is the portion of land that is arable, planted with perennial crops, and used for perennial pastures. Farmland is used for transgenic seeds for crop production that add a particular DNA segment to the plant's genome, resulting in the development of new or distinct traits. They have various traits such as herbicide tolerance, insect resistance, and others. The various crop types include maize, cotton, rice, soybeans, canola, and others. The main end-user industries are insect resistance, herbicide tolerance, virus resistance, altered oil composition, delayed fruit ripening, male sterility and restorer systems.
Increasing agricultural productivity is expected to propel the growth of the transgenic seed market going forward. Agricultural productivity refers to the measure of the market value of the crop yield of an agricultural production system that uses inputs such as land, labor, capital, and other resources to produce yield. Transgenic seeds are primarily used in agricultural production to grow more food with fewer resources. The use of transgenic seed technology to increase yield and reduce the use of agricultural land, leading to increased profits for farmers boost the transgenic seed market. For instance, in November 2022, according to Eurostat, a Luxembourg government agency, 297.5 million metric tons of harvested grains, including rice, were produced in Europe, an increase of 4.2 %, or 12.1 million metric tons, over 2020. Furthermore, according to The Food and Agriculture Organization, a US-based specialized agency that leads international efforts to defeat hunger and improve nutrition and food security, the global production of primary crops increased by 52 % between 2000 and 2020, to 9.3 billion tones in 2020. Therefore, increasing agricultural productivity is driving the growth of the transgenic seed market.
Product innovation is a key trend gaining popularity in the transgenic seed market. Major companies operating in the transgenic seed market are focused on developing innovative products to strengthen their position in the market. For instance, in August 2021, Corteva Inc., a US-based agriculture company launched Conkesta E3, a genetically modified soybean seed, for Brazilian farmers. It recently received authorization by the European Union Commission. Conkesta E3 soybeans have good genetics and extensive lepidopteran insect protection as part of the Enlist weed control system, which offers maximum flexibility and superior control of broadleaf weeds and grasses. Additionally, it increases crop production efficiency.
In February 2021, International Flavors and Fragrances (IFF) Inc., a US-based manufacturer of flavor and fragrance products merged with DuPont's Nutrition And Biosciences Business (DuPont) for an $7.3 billion and owned 55.4 % of the combined company. With this merger, DuPont's Nutrition And Biosciences Business. aims to achieve a strategic focus, make certain targeted adjustments to its reporting structure, and become a leading ingredient and solution provider for customers across a broad range of end markets. DuPont's nutrition And biosciences business is a US-based chemical manufacturing company that produces genetically modified seeds and products.
The countries covered in the transgenic seeds market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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.
The transgenic seeds market research report is one of a series of new reports from The Business Research Company that provides transgenic seeds market statistics, including transgenic seeds industry global market size, regional shares, competitors with a transgenic seeds market share, detailed transgenic seeds market segments, market trends and opportunities, and any further data you may need to thrive in the transgenic seeds industry. This transgenic seeds market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Transgenic Seeds Market Characteristics
3. Transgenic Seeds Market Trends And Strategies
4. Transgenic Seeds Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Transgenic Seeds Market
- 4.2. Ukraine-Russia War Impact On Transgenic Seeds Market
- 4.3. Impact Of High Inflation On Transgenic Seeds Market
5. Transgenic Seeds Market Size And Growth
- 5.1. Global Transgenic Seeds Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Transgenic Seeds Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Transgenic Seeds Market Segmentation
- 6.1. Global Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Farmland
- Green House
- 6.2. Global Transgenic Seeds Market, Segmentation By Trait, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Herbicide Tolerance
- Insect- Resistance
- Other Traits
- 6.3. Global Transgenic Seeds Market, Segmentation By Crop, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Maize
- Cotton
- Rice
- Soybean
- Canola
- Other Crops
- 6.4. Global Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Insect Resistance
- Herbicide Tolerance
- Virus Resistance
- Altered Oil Composition
- Delayed Fruit Ripening
- Male Sterility And Restorer System
7. Transgenic Seeds Market Regional And Country Analysis
- 7.1. Global Transgenic Seeds Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Transgenic Seeds Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Transgenic Seeds Market
- 8.1. Asia-Pacific Transgenic Seeds Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Transgenic Seeds Market
- 9.1. China Transgenic Seeds Market Overview
- 9.2. China Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Transgenic Seeds Market
- 10.1. India Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Transgenic Seeds Market
- 11.1. Japan Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Transgenic Seeds Market
- 12.1. Australia Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Transgenic Seeds Market
- 13.1. Indonesia Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Transgenic Seeds Market
- 14.1. South Korea Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Transgenic Seeds Market
- 15.1. Western Europe Transgenic Seeds Market Overview
- 15.2. Western Europe Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Transgenic Seeds Market
- 16.1. UK Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Transgenic Seeds Market
- 17.1. Germany Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Transgenic Seeds Market
- 18.1. France Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Transgenic Seeds Market
- 19.1. Eastern Europe Transgenic Seeds Market Overview
- 19.2. Eastern Europe Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Transgenic Seeds Market
- 20.1. Russia Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Transgenic Seeds Market
- 21.1. North America Transgenic Seeds Market Overview
- 21.2. North America Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Transgenic Seeds Market
- 22.1. USA Transgenic Seeds Market Overview
- 22.2. USA Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Transgenic Seeds Market
- 23.1. South America Transgenic Seeds Market Overview
- 23.2. South America Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Transgenic Seeds Market
- 24.1. Brazil Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Transgenic Seeds Market
- 25.1. Middle East Transgenic Seeds Market Overview
- 25.2. Middle East Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Transgenic Seeds Market
- 26.1. Africa Transgenic Seeds Market Overview
- 26.2. Africa Transgenic Seeds Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Transgenic Seeds Market, Segmentation By End -user, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Transgenic Seeds Market Competitive Landscape And Company Profiles
- 27.1. Transgenic Seeds Market Competitive Landscape
- 27.2. Transgenic Seeds Market Company Profiles
- 27.2.1. BASF SE
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. DuPont de Nemours Inc.
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Syngenta AG
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Vilmorin And Cie SA
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Bayer AG
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Transgenic Seeds Market
29. Transgenic Seeds Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer