Genetically Modified Crops Market 2022-30 : Industry Analysis, Size, Share, Growth And Forecast | Bayer AG, BASF SE, DuPont, Syngenta AG, The Dow Chemical Company

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According to The Business Research Company's Genetically Modified Crops market report, the 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. For instance, the revised Renewable Energy Directive (REDII) in Europe of 2021, setting the EU policy framework until 2030, which is expected to support the market for biofuels, thus driving the GM crops market.

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The Genetically Modified Crops market is segmented -
• By Trait : Herbicide Tolerance (HT), Insect Resistance (IR), Stacked Traits (ST)
• By Crops : Soybean, Cotton, Maize, Oilseed
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Genetically Modified Crops market.

Major competitors in the Genetically Modified Crops market include Bayer AG, BASF SE, DuPont, Syngenta AG, The Dow Chemical Company

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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, 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 Table Of Content For The Genetically Modified Crops Market Include:
1. Genetically Modified Crops Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
21. Key Mergers And Acquisitions In The Genetically Modified Crops Global Market
22. Global Genetically Modified Crops Opportunities And Strategies
23. Genetically Modified Crops Market Conclusions And Recommendations
24. Appendix

The Business Research Company's "Global Genetically Modified Crops Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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