Global Transgenic Seeds Market

Understand How The Transgenic Seeds Market Is Set To Grow In Through 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033



Market Size and Growth Rate

  • The transgenic seeds market has experienced rapid expansion.
  • It grew from $44.02 billion in 2023 to $50.24 billion in 2024, with a CAGR of 14.1%.
  • Key growth drivers include increased construction activities, awareness towards environmental impact, and advancements in turf management.

Forecast and Future Projections

  • Expected to reach $81.16 billion by 2028, growing at a CAGR of 12.7%.
  • Future growth is driven by climate change challenges, sustainable landscaping trends, and urban greening initiatives.


Rising Agricultural Productivity Fuels Growth

Increasing Crop Yields

  • Transgenic seeds are vital for enhancing agricultural productivity.
  • They help produce more food with fewer resources, leading to increased profits for farmers.
  • Example: In 2021, Europe saw a 4.2% increase in grain production, totaling 297.5 million metric tons.

Global Agricultural Trends

  • Global primary crop production increased by 2% in 2021, reaching 9.5 billion tons.
  • These trends highlight the importance of transgenic seeds in meeting rising food demands.


Innovative Products Drive Market Growth

Focus on Product Innovation

  • Companies are developing innovative transgenic seeds to stay competitive.
  • Example: Corteva Inc. launched Conkesta E3, a genetically modified soybean seed, offering extensive insect protection and superior weed control.

Impact of Innovations

  • Such innovations increase crop production efficiency and provide farmers with more robust crop protection solutions.


Read The Full Transgenic Seeds Market Report Here:


Strategic Mergers and Acquisitions

IFF and DuPont Merger

  • In February 2021, International Flavors and Fragrances (IFF) Inc. merged with DuPont’s Nutrition and Biosciences Business.
  • The $7.3 billion merger aims to create a leading ingredient and solution provider across various markets.

Market Implications

  • The merger enhances strategic focus and strengthens the combined company’s market position in genetically modified seeds and products.


Market Segmentation

By Type

  • Farmland
  • Greenhouse

By Trait

  • Herbicide Tolerance
  • Insect Resistance
  • Other Traits

By Crop

  • Maize
  • Cotton
  • Rice
  • Soybean
  • Canola
  • Other Crops

By End-User

  • Insect Resistance
  • Herbicide Tolerance
  • Virus Resistance
  • Altered Oil Composition
  • Delayed Fruit Ripening
  • Male Sterility and Restorer System


Regional Insights

North America’s Leadership

  • North America was the largest region in the transgenic seeds market in 2023.
  • The region’s dominance is due to advanced agricultural practices and significant investments in biotechnology.


Major Companies in the Transgenic Seeds Market

Leading Players

  • DuPont de Nemours Inc.
  • Syngenta AG
  • Vilmorin And Cie SA
  • Bayer AG
  • The Monsanto Company
  • 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.
  • Beijing Dabeinong Technology Group Co. Ltd.
  • Sakata Seed Corporation
  • Takii & Co. Ltd.
  • Enza Zaden B.V.
  • KWS SAAT SE & Co. KGaA
  • DLF Seeds A/S
  • Advanta Limited
  • Nufarm Limited
  • Origin Agritech Limited
  • China National Chemical Corporation
  • Hefei Fengle Seed Co. Ltd.
  • Anhui Huaxing Chemical Industry Co. Ltd.

Market Influence

  • These companies drive innovation and growth in the transgenic seeds market through strategic initiatives and advanced product offerings.


Get A Free Sample On The Global Transgenic Seeds Market Report:

The Transgenic Seeds Global Market Report 2024  provides an overview of the transgenic seeds market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The transgenic seeds market forecast analyzes transgenic seeds market size, transgenic seeds market share, leading competitor and their market positions.

Explore Similar Reports From The Business Research Company:
Commercial Seeds Global Market Report 2024
Forage Seeds Global Market Report 2024
Hybrid Seeds Global Market Report 2024

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