Press release
GMO Crops and Seeds Market to Exceed US$ 36,653.2 mn by 2022 - Transparency Market Research Inc.
GMO Crops and Seeds Market
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30311
Key Players and Market Developments
Key companies operating in the global GMO crops and seeds market include DOW Agrosciences LLC, Syngenta AG, BASF SE, Monsanto Co., KWS SAAT SE, E.l. du Pont de Nemours & Co., Canterra Seeds Holdings Ltd., Bayer Crop Science India Ltd, Groupe Limagrain Holdings Corp, Land O' Lakes Inc., Sakata Seed Corp., Takii Seeds, Agreliant Genetics LLC, and DLF Seeds and Science.
Driving Forces of Market Growth:
The global GMO crops and seeds market is propelled by the pressing need to increase crop production to feed a growing population. Traditional agricultural practices are proving inadequate, prompting the adoption of GMO seeds known for their ability to amplify crop yield and develop resilient crop varieties. Breakthroughs in biotechnology have enabled researchers to modify genes directly, accelerating the production of genetically engineered seeds with superior traits.
Market Dynamics and Controversies:
While GMO crops offer numerous benefits, they are not without controversy. Concerns about the extinction of heirloom crop varieties and resistance from certain ethnic communities hinder market growth to some extent. Additionally, studies suggest potential environmental impacts of GMO crops, raising questions about their long-term sustainability. Farmers' reactions to GMO adoption vary, reflecting the complexity of the issue.
Market Segmentation and Trends:
The GMO crops and seeds market is segmented by crop type, trait, sales channel, and geography. Corn leads the market, driven by its efficacy as an insect repellant. Traits such as herbicide tolerance and insect tolerance are key drivers of market growth. North America dominates the market, owing to extensive use of GMO crops for insect repulsion.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=30311<ype=S
Future Outlook and Challenges:
Despite challenges and controversies, the GMO crops and seeds market is expected to exhibit robust growth in the coming years. Innovations in seed technology aim to maximize agricultural productivity and address food security concerns. However, addressing environmental and social concerns surrounding GMOs will be crucial for sustainable market growth.
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Nikhil Sawlani
Transparency Market Research Inc.
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