Plant Genetic Engineering Market - A Sustainable Solution for Global Food Security (Market Size & Forecast) Cultivating Resilience

Plant Genetic Engineering Market to Record an Exponential CAGR by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Plant Genetic Engineering Market- by Trait (Yield improvement, Disease resistance, Herbicide tolerance, and Others), Technique (Artificial Selection, Cloning, Gene Splicing, and Others), Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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According to the latest research by InsightAce Analytic, the global Plant Genetic Engineering market is expected to grow with a CAGR of 7.04% during a forecast period of 2024-2031.

Engineering a Sustainable Future: Plant Genetic Engineering Revolutionizes Agriculture
Plant genetic engineering (GE) is a transformative technology poised to revolutionize the agricultural industry. With a growing global population and looming food security concerns, GE offers a powerful set of tools to address

critical challenges:
Enhanced Crop Resilience:
• GE can create crops resistant to pests, diseases, and harsh weather conditions, leading to increased yields and reduced food waste.

• This is particularly crucial as unpredictable weather patterns and extreme weather events become more frequent due to climate change.

Improved Food Security:
• By optimizing crop yields and creating crops with improved nutritional value, GE can help bridge the gap between food supply and demand.

Targeted Traits and Efficiency:
• GE allows for the development of new plant lines with desirable characteristics, such as faster growth cycles or improved drought tolerance.

• This targeted approach can streamline agricultural processes and optimize resource utilization.

Aiding Innovation in Plant Science:
• Advancements in GE contribute to a deeper understanding of plant biology, facilitating discoveries in areas like genomic selection and breeding techniques.
Synergy with Modern Farming Practices:

• The rise of indoor, vertical, and greenhouse farming creates exciting synergies with GE.

• Together, these advancements can enable year-round production of seasonal crops and optimize resource utilization in controlled environments.

Challenges and Considerations:
• Regulatory hurdles concerning the long-term safety of genetically engineered crops require careful navigation.

• Open scientific dialogue and public education are crucial to address concerns about potential environmental and health impacts.

Conclusion:
Plant genetic engineering offers a powerful toolkit to address the complex challenges facing global agriculture. By fostering innovation, ensuring responsible development, and promoting public trust, GE has the potential to secure a more sustainable and productive agricultural future.

North America is expected to be the major contributor to the plant genetic engineering market over the forecast years. The presence of various enterprises offering various government-recognized solutions to target a wide range of crop applications has aided regional growth. Due to technological improvement and infrastructure availability, early adoptions have also made the region particularly inventive in the modern agriculture industry.

In addition, the Asia Pacific plant genetic engineering market is expected to grow significantly during the forecast period. Several projects, as well as collaboration with foreign organizations, will spur regional growth. APAC has tremendous opportunities due to increased agricultural advancements to improve crop productivity and quality.

Major market players operating in the Plant Genetic Engineering market include Agilent Technologies, Illumina, Inc., Keygene N.V., Eurofins Scientific Se, Neogen Corporation, Novogene Corporation Ltd., Oxford Nanopore Technologies Ltd., Nrgene Ltd., Qiagen N.V, and Sgs -Traitgenetics Gmbh.

Recent collaborations and agreements in the market:
• In February 2020, AgraFlora Organics International Inc. subsidiary, Propagation Services Canada Inc., a growth-oriented and diversified business focused on the global market, agreed to acquire Live-Plant Genetics

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Market Segments
Global Plant Genetic Engineering Market, by Trait, 2022-2030 (Value US$ Mn)
• Yield improvement
• Disease resistance
• Herbicide tolerance
• Others

Global Plant Genetic Engineering Market, by Technique, 2022-2030 (Value US$ Mn)
• Artificial Selection
• Cloning
• Gene Splicing
• Others

Global Plant Genetic Engineering Market, by Application, 2022-2030 (Value US$ Mn)
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Other

Global Plant Genetic Engineering Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Plant Genetic Engineering market
 To receive an industry overview and future trends in the Plant Genetic Engineering market
 To analyze the Plant Genetic Engineering market drivers and challenges
 To get information on the Plant Genetic Engineering market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Plant Genetic Engineering market industry

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