GMO Corn Market Scope 2017-2026: Estimated Forecast Based on Industry Development Scenario and Leading Growth Factors with Key Players (AgReliant Genetics LLC, BASF, Bayer CropScience, Canterra Seeds, Dow Agroscience, DuPont, Groupe Limagrain)
The scope of FactMR’s report is to analyze the global GMO corn market for the forecast period 2017-2026 and provide readers an unbiased and accurate analysis. GMO corn manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to GMO corn.
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Growing instability in global weather conditions continues to hinder the farming produce, and agriculturists are compelled to adopt new techniques. Maize crops or corn, which are among the key source of energy for consumers, are being cultivated as genetically modified organisms (GMO) to meet the growing demands. Bioengineering technologies are being adopted by farmers, and leading biotech companies are partnering with agriculture sector players to promote production of GMO corn. Government initiatives towards extending the penetration of GMO techniques in agriculture sector is also driving the growth of global GMO corn market. However, increasing awareness on the presence of biotoxins in GMO crops has emerged as a key deterrent for consumption of GMO corn.
High Demand for GMO Corn with Stacked Traits
The report projects that over the forecast period, GMO corn with insect tolerant traits shall register the highest global volume CAGR of 9%. The report further estimates that demand for GMO corn with stacked traits of herbicide and insect tolerance will register sales of over 1,000 million units by the end of 2026. The report further reveals that majority of GMO corn will be sold through direct sales. In 2017, more than 380 million units of GMO corn were directly sold to the consumers across the globe. Through 2026, modern trade sales of GMO corn are expected to pick up momentum at a healthy CAGR of 8.9% in terms of volume.
Demand for GMO corn in Feed & Residual Applications to Gain Traction
Key findings from the report reveal that food applications of GMO corn will not dominate the global GMO corn market in terms of volume. Interestingly, their use in feed production and residual applications will account for global sales of over 760 million units of GMO corn by the end of 2026. The report also reveals that North America will be the largest consumer of GMO corn, while the Asia-Pacific excluding Japan (APEJ) will spearhead the global GMO corn production. Higher acceptance of GMO crops among consumers in the US and Canada will keep North America at a leading position in the expansion of the global GMO corn market through 2026.
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Companies spearheading the global production of GMO corn have been profiled in the report. These include, AgReliant Genetics LLC, BASF, Bayer CropScience, Canterra Seeds, Dow Agroscience, DuPont, Groupe Limagrain, Kleinwanzlebener Saatzuch SAAT SE, Land O'Lakes, Monsanto Company, Syngenta AG, and Takii Seed. Majority of these companies are expected to focus on extending collaborations with governments and capitalize from initiatives promoting the GMO cultivation practices to meet future demands.
Table of Contents
Global Economic Outlook
Global GMO Corn Market - Executive Summary
Global GMO Corn Market Overview
3.1.1. Global GMO Corn Market Taxonomy
3.1.2. Global GMO Corn Market Definition
3.2. Global GMO Corn Market Size (US$ Mn) and Volume (Mn Tonnes) and Forecast, 2012-2026
3.2.1. Global GMO Corn Market Y-o-Y Growth
3.3. Global GMO Corn Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Parent Market Overview – GMO Crops and Seeds Market
3.6.1. Area under GMO Crops
3.6.2. GMO Crops and Seeds Market – Key Takeaways
3.7. Worldwide Corn Consumption
3.8. PESTL Analysis
3.9. Product Life Cycle Analysis
3.10. List of Distributors
3.11. Key Participants Market Presence (Intensity Map) By Region
Global GMO Corn Market Supply Demand Analysis
4.1. Number of Manufacturers by Region
4.2. Production Volume by Key Players
4.3. Importer Concentration by Region……………………. Continued
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