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Global GMO Corn Market 2017 Size, Share, Growth, Business Outlook, Trends and Forecast 2026

03-30-2018 08:08 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “GMO Corn Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globalGMO Corn Market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

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Growing instability in global weather conditions continues to hinder the farming produce, and agriculturists are compelled to adopt new techniques. Maize crops or corn, which are among the key source of energy for consumers, are being cultivated as genetically modified organisms (GMO) to meet the growing demands. Bioengineering technologies are being adopted by farmers, and leading biotech companies are partnering with agriculture sector players to promote production of GMO corn. Government initiatives towards extending the penetration of GMO techniques in agriculture sector is also driving the growth of global GMO corn market. However, increasing awareness on the presence of biotoxins in GMO crops has emerged as a key deterrent for consumption of GMO corn.

According to a new forecast report by Fact.MR, the global market for GMO corn is poised to expand at a value CAGR of 9.2% over the forecast period, 2017-2026. By the end of 2026, more than 1,800 million units of GMO corn are expected to be consumed across the globe.

High Demand for GMO Corn with Stacked Traits

The report projects that over the forecast period, GMO corn with insect tolerant traits shall register the highest global volume CAGR of 9%. The report further estimates that demand for GMO corn with stacked traits of herbicide and insect tolerance will register sales of over 1,000 million units by the end of 2026. The report further reveals that majority of GMO corn will be sold through direct sales. In 2017, more than 380 million units of GMO corn were directly sold to the consumers across the globe. Through 2026, modern trade sales of GMO corn are expected to pick up momentum at a healthy CAGR of 8.9% in terms of volume.

Browse Full Report with TOC @https://www.factmr.com/report/424/gmo-corn-market

Scope

The scope of Fact.MR’s report is to analyze the global GMO corn market for the forecast period 2017-2026 and provide readers an unbiased and accurate analysis. GMO corn manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to GMO corn.

Demand for GMO corn in Feed & Residual Applications to Gain Traction

Key findings from the report reveal that food applications of GMO corn will not dominate the global GMO corn market in terms of volume. Interestingly, their use in feed production and residual applications will account for global sales of over 760 million units of GMO corn by the end of 2026. The report also reveals that North America will be the largest consumer of GMO corn, while the Asia-Pacific excluding Japan (APEJ) will spearhead the global GMO corn production. Higher acceptance of GMO crops among consumers in the US and Canada will keep North America at a leading position in the expansion of the global GMO corn market through 2026.

Competition Tracking

Companies spearheading the global production of GMO corn have been profiled in the report. These include, AgReliant Genetics LLC, BASF, Bayer CropScience, Canterra Seeds, Dow Agroscience, DuPont, Groupe Limagrain, Kleinwanzlebener Saatzuch SAAT SE, Land O'Lakes, Monsanto Company, Syngenta AG, and Takii Seed. Majority of these companies are expected to focus on extending collaborations with governments and capitalize from initiatives promoting the GMO cultivation practices to meet future demands.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Email: sales@factmr.com
Web: https://www.factmr.com/

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