The Global Genetically Modified Crops Market Report by The Business Research Company covers genetically modified crops market drivers and restraints, genetically modified crops market size, major players, and the impact of COVID-19 on the genetically modified crops market.

The genetically modified crops market consists of sales of genetically engineered crops and related services. The term genetically modified refers to the transfer of genes between the organisms using a series of laboratory techniques known as recombinant DNA technology. Genetically modified (GM) or genetically engineered crops are plants with new trait which does not occur naturally such as resistance to pests, improved nutrient profile, reduction in spoilage and resistance to chemical treatments. The GM crops which are grown commercially include sugar beet, papaya, maize, potato, oilseed rape, cotton and others.

The genetically modified (GM) crops have traits such as insect tolerance and herbicide tolerance that contribute to the high demand for such crops. The global genetically modified crops market is expected grow from $20.09 billion in 2020 to $21.47 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $29.5 billion in 2025 at a CAGR of 8%.

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Some genetically modified crops market trends include the exponential increase in population around the globe drives the need to implement genetically modified crops. Farmers have to adopt new technologies to produce crops that can meet the demand of the growing population. GM crops help reduce food loss and waste, improve soil and water management, and improve the yield alongside protecting the environment.

Global genetically modified crops market segments include:

1) By Trait: Herbicide Tolerance (HT), Insect Resistance (IR), Stacked Traits (ST), Others.

2) By Crop: Soybean, Cotton, Maize, Oilseed Rape, Tobacco, Others.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Genetically Modified Crops Global Market Report 2021: COVID 19 Growth And Change to 2030 At:
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The Genetically Modified Crops Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides genetically modified crops market overviews, analyzes and forecasts market size, share, genetically modified crops market players, genetically modified crops market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The genetically modified crops market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Genetically Modified Crops Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Bayer AG, BASF SE, Syngenta AG, The Dow Chemical Company, Dupont, Groupe Limagrain , JR Simplot Co., JKAgri Genetics Ltd., Maharashtra Hybrid Seed Company (MAHYCO), Calyxt Inc., Stine Seed Farm, Inc., Nuseed Pty Ltd., KWS SAAT SE, Canterra Seeds Holdings Ltd., Bayer Crop Science India Ltd, Groupe Limagrain Holdings Corp, Land O’ Lakes Inc., Sakata Seed Corp., Takii Seeds, Agreliant Genetics LLC, DLF Seeds and Science, Long Ping High-Tech, Shandong Denghai Seeds.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Genetically Modified Crops Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Genetically Modified Crops Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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