- Insect Resistance
- Pesticide Tolerance
- Others
Transgenic Seeds Market size was valued at USD 33 billion in 2022 and is expected to grow at a CAGR of 12.6% from 2023-2029. Transgenic seeds or genetically modified seeds are designed to improve the resistance in plants from drought, rain, diseases, and pets. Transgenic seeds are manufactured by genetic modification process. Transgenic seeds are used to improve the crop yield, nutritional values, and protects the plant from various diseases. However, the major aim of producing these seeds is to introduce a new trait to plant which does not exist in the species naturally. The most commonly used genetically modified seeds include cotton, soybean, canola, corn, and sugar beets among others. Increase in the food consumption around the globe due to increase in global population, rise in cost of fertilizers, growing awareness in farmers about the advantages of transgenic seeds, and increase in R&D activities in agriculture biotechnology are the factors anticipated to fuel the market over the forecast period. However, stringent regulatory policies for product approvals, high cost of R&D activities, and lack of product availability in underdeveloped regions are restraining the growth of market. The transgenic seed market has a major impact on agricultural production. Herbicide tolerance, insecticide resistance, and other features like as changed product quality, disease resistance, and abiotic stress tolerance are all used to classify transgenic seeds.
Transgenic Seeds Market Summary
Study Period
2023-29
Base Year
2022
CAGR
12.6%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Transgenic Seeds Market Dynamics
Transgenic seeds market is growing at a significant CAGR owing to rise in soil and water contamination. Transgenic seeds play vital role in the protection of plants and improving the yield. Moreover, competitors are focusing on the development of newer transgenic seeds for improving the crop yield. For instance, in 2013, Dow AgroSciences launched Powercore in U.S an innovative corn trait technology that provides ground insect protection in corn. Moreover, collaborations, and product launchings the strategies followed by the market players for increasing revenue share. For instance, in April 2015, Dow AgroSciences, Bioceres S.A., and Arcadia Biosciences collaborated to develop and commercialize innovative traits in soybeans. Furthermore, in October 2017, BASF SE agreed to purchase Bayer AG’s agriculture products business to enter the genetically-modified seeds market.
Transgenic Seeds Market Regional Analysis
North-America Got Significant Share
The market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America market driven by increase in demand for newer genetically modified seeds with increased crop yield, collaboration between the companies for the development of newer seeds, and high awareness about transgenic seeds in farmers are expected to propel the market.Europe market growth is driven by an increase in the agriculture production in Europe countries such as Germany, France, and U.K., rise in R&D activities for the innovation of genetically modified seeds, and rise in focus on improving crop yield and crop protection are boost the market. Asia Pacific market is an emerging market owing to rise in adoption of transgenic seeds in Asia Pacific countries such as China, India, and Japan, and change in agriculture farming practices are bolstering the market. Latin America market is expected to grow at moderate rate due to the launching of newer products in Latin America region. For instance, in January 2016, Bayer and BASF SE introduced genetically modified soybean seeds in Brazil. The Middle East and Africa market is growing due to government support for improving the crop yield, adoption of genetically modified seeds in South Africa and Burkina Faso, and change is environmental conditions.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Transgenic Seeds Market Segmentation
By Trait Type
By crop type
- Cotton
- Soybean
- Canola
- Corn
- Fruits and Vegetables
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1. Executive Summary |
| 2. Global Transgenic Seeds Market Introduction |
| 2.1. Global Transgenic Seeds Market – Taxonomy |
| 2.2. Global Transgenic Seeds Market –Definitions |
| 2.2.1. By Trait |
| 2.2.2. By Crop Type |
| 3. Global Transgenic Seeds Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Transgenic Seeds Market Dynamic Factors - Impact Analysis |
| 3.6. Global Transgenic Seeds Market – Competition Landscape |
| 4. Global Transgenic Seeds Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
| 4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Transgenic Seeds Market, By Trait, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.1. Herbicide Tolerance |
| 5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Insecticide Resistance |
| 5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Disease Resistance |
| 5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Transgenic Seeds Market Forecast, By Crop Type, 2017 - 2021 and Forecast, 2022 - 2028 |
| 6.1. Cereals and Grains |
| 6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Fruits and Vegetables |
| 6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Oilseed and Pulses |
| 6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Transgenic Seeds Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Transgenic Seeds Market - Opportunity Analysis Index, By Trait, By Crop Type, and Region, 2022 - 2028 |
| 8. North America Transgenic Seeds Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.1. Trait Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Herbicide Tolerance |
| 8.1.2. Insecticide Resistance |
| 8.1.3. Disease Resistance |
| 8.1.4. Others |
| 8.2. Crop Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Cereals and Grains |
| 8.2.2. Fruits and Vegetables |
| 8.2.3. Oilseed and Pulses |
| 8.2.4. Others |
| 8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Transgenic Seeds Market - Opportunity Analysis Index, By Trait, By Crop Type, and Country, 2022 - 2028 |
| 8.5. North America Transgenic Seeds Market Dynamics – Trends |
| 9. Europe Transgenic Seeds Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 9.1. Trait Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Herbicide Tolerance |
| 9.1.2. Insecticide Resistance |
| 9.1.3. Disease Resistance |
| 9.1.4. Others |
| 9.2. Crop Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Cereals and Grains |
| 9.2.2. Fruits and Vegetables |
| 9.2.3. Oilseed and Pulses |
| 9.2.4. Others |
| 9.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Transgenic Seeds Market - Opportunity Analysis Index, By Trait, By Crop Type, and Country, 2022 - 2028 |
| 9.5. Europe Transgenic Seeds Market Dynamics – Trends |
| 10. Asia-Pacific Transgenic Seeds Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 10.1. Trait Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Herbicide Tolerance |
| 10.1.2. Insecticide Resistance |
| 10.1.3. Disease Resistance |
| 10.1.4. Others |
| 10.2. Crop Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Cereals and Grains |
| 10.2.2. Fruits and Vegetables |
| 10.2.3. Oilseed and Pulses |
| 10.2.4. Others |
| 10.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Transgenic Seeds Market - Opportunity Analysis Index, By Trait, By Crop Type, and Country, 2022 - 2028 |
| 10.5. Asia-Pacific Transgenic Seeds Market Dynamics – Trends |
| 11. Latin America Transgenic Seeds Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 11.1. Trait Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Herbicide Tolerance |
| 11.1.2. Insecticide Resistance |
| 11.1.3. Disease Resistance |
| 11.1.4. Others |
| 11.2. Crop Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Cereals and Grains |
| 11.2.2. Fruits and Vegetables |
| 11.2.3. Oilseed and Pulses |
| 11.3. OthersCountry Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Transgenic Seeds Market - Opportunity Analysis Index, By Trait, By Crop Type, and Country, 2022 - 2028 |
| 11.5. Latin America Transgenic Seeds Market Dynamics – Trends |
| 12. Middle East and Africa Transgenic Seeds Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 12.1. Trait Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Herbicide Tolerance |
| 12.1.2. Insecticide Resistance |
| 12.1.3. Disease Resistance |
| 12.1.4. Others |
| 12.2. Crop Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Cereals and Grains |
| 12.2.2. Fruits and Vegetables |
| 12.2.3. Oilseed and Pulses |
| 12.2.4. Others |
| 12.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Transgenic Seeds Market - Opportunity Analysis Index, By Trait, By Crop Type, and Country, 2022 - 2028 |
| 12.5. MEA Transgenic Seeds Market Dynamics – Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Crop Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Bayer Cropscience AG |
| 13.2.2. Syngenta AG |
| 13.2.3. DowDupont Inc. |
| 13.2.4. BASF SE |
| 13.2.5. Vilmorin & Cie SA |
| 13.2.6. Suntory Holdings Ltd |
| 13.2.7. J.R.Simplot Co. |
| 13.2.8. JK Agri Genetics Ltd |
| 13.2.9. Calyxt, Inc. |
| 13.2.10. Nuseed Pty Ltd. |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Syngenta AG (Switzerland)
- Dow AgroSciences LLC (U.S.)
- Bayer CropScience AG (Germany)
- Monsanto (U.S.)
- BASF SE (Germany)
- E.I. du Pont de Nemours & Company (U.S.)
- Suntory Holdings Ltd. (Japan)
- Bioceres S.A. (Argentina)
- Arcadia Biosciences (U.S.)