Press release
Biotechnology Global Genetically Modified Seeds Market Size, Set To Grow at CAGR of 9.83% Over Forecast Period 2016-2020
Genetic modification (GM), also called genetic engineering (GE), is a technology where new traits are introduced into an organism by directly manipulating its genetic makeup. For instance, Deoxyribonucleic acid (DNA), is introduced or manipulated through intervention at the molecular level using biotechnology. In the process of this technology, scientists manipulate the characteristics of plants and animals by introducing DNA fragments, whole genes, or long stretches of DNA segments from different organisms. Scientists can also remove or exchange sequences of DNA in organisms or introduce genetic material to silent genes. GM seeds have a larger shelf life and pest resistance as compared to the conventional or non-GM seeds.Technavios analysts forecast the global genetically modified (GM) seeds market to grow at a CAGR of 9.83% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global genetically modified (GM) seeds market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of corn seeds, soybean seeds, cotton seeds, canola seeds, and other seeds (sugar beets, wheat, tomato, papaya, and alfalfa) to the agricultural farmers of GM crops in the market.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
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Technavio's report, Global Genetically Modified (GM) Seeds Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bayer CropScience
DowDuPont
Groupe Limagrain
Monsanto
Syngenta
Other prominent vendors
BASF
DLF Seeds and Science
Kleinwanzlebener Saatzuch SAAT SE
Land O'Lakes
Sakata Seed
Takii Seed
Market driver
Premium pricing of non-GM food products
For a full, detailed list, view our report
Market challenge
Increase in demand for organic food products
For a full, detailed list, view our report
Market trend
Rising strategic alliances in GM seeds market
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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