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

The genetically modified crops market consists of sales of genetically modified crops by entities (organizations, sole traders, and partnerships) that are engaged in producing genetically modified crops such as soybean, cotton, maize, oilseed rape, and others. The companies producing genetically modified crops usually sell genetically modified seeds, made in laboratories, to the farmers/corporate farming companies. Only goods and services traded between entities or sold to end consumers are included.

The global genetically modified crops market reached a value of nearly $21,491.0 million in 2020, having increased at a compound annual growth rate (CAGR) of 6.14% since 2015. The market is expected to grow from $21,491.0 million in 2020 to $28,929.3 million in 2025 at a CAGR of 6.12%. The growth is mainly due to the increasing demand for food security which is expected to drive the demand for genetically modified crops. The genetically modified crops market is expected to grow from $28,929.3 million in 2025 to $39,710.0 million in 2030 at a CAGR of 6.54%.

The GM crops market is expected to be supported by the growing demand for biofuel manufactured through genetically modified crops in the forecast period. Genetically modified (GM) plants have been promoted as a new option for biofuel production as they promise higher yield or higher quality feedstock. As countries slowly shift from fossil fuels to more eco-friendly means of transportation, biofuels are expected to increasingly gain popularity, thus supporting the demand for GM crops in the forecast period.

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Some genetically modified (GM) crops market trends include focusing on the development of crops with stacked traits, which help in transformation of target crops with multiple genes. Moreover, companies in the genetically modified crops market have been adopting CRISPR (clustered regularly interspaced short palindromic repeats) technologies for the gene editing of crops. The inherent potential of gene editing technologies to grow crops with drought- and flood-tolerant properties, improved yield, and high nutrition content properties, led to increased utilization of CRISPR technology in crop science.

Global genetically modified (GM) 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

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

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The Genetically Modified (GM) Crops Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides genetically modified (GM) crops market overviews, analyzes and forecasts market size, share, genetically modified (GM) crops market players, genetically modified (GM) crops market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The genetically modified (GM) crops identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Genetically Modified (GM) Crops Opportunities And Strategies: Forecast 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

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 (GM) 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 (GM) Crops Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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