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Genetically Modified Crops Market Size, Regional Outlook, Competitive Strategies And Forecasts To 2032 | Bayer AG, BASF SE, Syngenta AG, The Dow Chemical Company, Dupont
Genetically Modified Crops Market Research
As per the genetically modified crops market report by The Business Research Company, Genetically modified (GM) crops have traits such as insect tolerance and herbicide tolerance that contribute to the high demand for such crops. Other benefits offered by genetically modified crops include high nutritional value, improved yield, and longer shelf life. For these reasons, farmers are resorting to GM crops to increase their yields and profits.
The global genetically modified crops market size will grow from $21.08 billion in 2022 to $22.29 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global genetically modified crops market size is expected to grow to $28.03 billion in 2027 at a CAGR of 5.9%.
Read More On The Genetically Modified Crops Market Report Here:
https://www.thebusinessresearchcompany.com/report/genetically-modified-crops-global-market-report
Major competitors in the Genetically Modified Crops market include Bayer AG, BASF SE, Syngenta AG, The Dow Chemical Company, Dupont, Groupe Limagrain, JR Simplot Co., JKAgri Genetics Ltd., Maharashtra Hybrid Seed Company (MAHYCO), and Calyxt Inc.
The Genetically Modified Crops market is segmented -
1) By Trait: Herbicide Tolerance (HT), Insect Resistance (IR), Stacked Traits (ST), Other Traits
2) By Crop: Soybean, Cotton, Maize, Oilseed, tobacco, Other Crops
3) By Technique: Gene Guns, Electroporation, Microinjection, Agrobacterium, Other Techniques
4) By Type of Modification: Transgenic, Cis-genic, Sub-genic, Multiple Trait Integration
5) By Application: Scientific Research, Agriculture Crops
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Genetically Modified Crops market.
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Genetically modified crops (GM crops) are agricultural plants whose DNA has been altered using genetic engineering techniques.
The main trait types in genetically modified crops are herbicide tolerance (HT), insect resistance (IR), stacked traits (ST), and others. The main types of crops are soybeans, cotton, maize, oilseed, tobacco, and others. The techniques used in genetically modified crops are gene guns, electroporation, microinjection, agrobacterium, and other techniques. The types of modification are transgenic, cis-genic, sub-genic, and multiple trait integrations that are applied in scientific research and agricultural crops.
The Table Of Content For The Genetically Modified Crops Market Include:
1. Executive Summary
2. Genetically Modified Crops Market Characteristics
3. Genetically Modified Crops Market Trends And Strategies
4. Genetically Modified Crops Market - Macro Economic Scenario
5. Genetically Modified Crops Market Size And Growth
……
26. Africa Genetically Modified Crops Market
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
The "Global Genetically Modified Crops Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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