Genetically Modified Crops Market: What Factors affect the Industry Growth 2021 - 2027 | Bayer AG, BASF SE, Syngenta AG

To give resistance to particular pests, reduce spoilage, and improve the nutrient profile of the crop, the Deoxyribonucleic acid (DNA) of the crop is transformed using genetic engineering procedures.

Market Trends

To meet the increased need for food around the world, the agriculture business has led to the introduction of genetically engineered crops. According to a report by the Food and Agricultural Organization (FAO), over 11 percent of the world's land, or 1.5 billion ha, was used for agricultural production in 2015, while over 2.7 billion hectares of land has crop production potential.

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Major players in the global genetically modified crops market include Bayer AG, BASF SE, Syngenta AG, and The Dow Chemical Company, among others.

Due to partnerships amongst key firms focused on the development of GM crops for farmers, the genetically modified crops market in Asia Pacific is likely to increase significantly during the forecast period. In 2016, for example, DuPont Co. teamed with Origin Agritech Ltd., a Chinese seed manufacturer. The cooperation aims to develop genetically modified crops for Chinese farmers. As a result, such strategic alliances in the Asia Pacific region are expected to drive market growth over the projection period.

The report can answer the following questions:
• Market size (sales, revenue, and growth rate) of GENETICALLY MODIFIED CROPS industry
• Global major manufacturers’ operating situation (sales, revenue, growth rate, and gross margin) of GENETICALLY MODIFIED CROPS Industry
• Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of GENETICALLY MODIFIED CROPS industry
• Different types and applications of GENETICALLY MODIFIED CROPS industry, market share of each type and application by revenue
• Global market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of GENETICALLY MODIFIED CROPS industry
• Upstream raw materials and manufacturing equipment, industry chain analysis of GENETICALLY MODIFIED CROPS industry
• SWOT analysis of GENETICALLY MODIFIED CROPS industry
• New Project Investment Feasibility Analysis of GENETICALLY MODIFIED CROPS industry

GENETICALLY MODIFIED CROPS Market Report:

The years considered to estimate the Size of GENETICALLY MODIFIED CROPS Market are as follows:-
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2021 to 2027

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Significant Features that are Under Offering and Key Highlights of the Reports:
• Detailed Overview GENETICALLY MODIFIED CROPS Market
• Changing GENETICALLY MODIFIED CROPS Market Dynamics of the Industry
• In-depth market segmentation by Type, Application, etc.
• Historical, Current and Projected Market Size in terms of Volume and Value
• Recent Industry Trends and Developments
• Competitive Landscape GENETICALLY MODIFIED CROPS Market
• Strategies of Key Players and Product Offerings
• Potential And Niche Segments/Regions Exhibiting Promising Growth

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