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Genetically Modified Crops Market Growing Popularity, Emerging Trends, Opportunity Analysis And Industry Forecast, 2021-2025
Genetically Modified Crops Market
The genetically modified crops market report describes and explains the global genetically modified crops market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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, cotton and others.
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 of the major players of the genetically modified crops market are Bayer AG, BASF SE, Syngenta AG, The Dow Chemical Company, Dupont, Groupe Limagrain, JR Simplot Co.
The countries covered in the global genetically modified crops market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global genetically modified crops market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global genetically modified crops market is segmented -
1) By Trait: Herbicide Tolerance (HT), Insect Resistance (IR), Stacked Traits (ST), Others
2) By Crop: Soybean, Cotton, Maize, Oilseed, Tobacco, Others
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Few Points From Table Of Content
1. Executive Summary
2. Genetically Modified Crops Market Characteristics
3. Genetically Modified Crops Market Trends And Strategies
4. Impact Of COVID-19 On Genetically Modified Crops
5. Genetically Modified Crops Market Size And Growth
.....
27. Genetically Modified Crops Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Genetically Modified Crops Market
29. Genetically Modified Crops Market Future Outlook and Potential Analysis
30. Appendix
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