Transgenic seeds are also known as genetically modified (GM) seeds. These are modified by the insertion of genes directly into the seed's DNA. Seeds are genetically altered to contain specific properties such as resistance to herbicides and resistant pests. GM seeds are getting ample acceptability among commercial crop growers.
MARKET DYNAMICS
The rising global population and increasing cost of pesticides & fertilizers are the key factors driving the transgenic seeds market growth. Also, increased strive for yield maximization worldwide is encouraging the farmers to adopt transgenic seeds. These seeds have become a trend in agricultural biotechnology. However, the environmental concerns and strict government laws associated with GM seeds' use are expected to hinder the market's growth.
MARKET SCOPE
The "Global Transgenic Seeds Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the transgenic seeds market with detailed market segmentation by trait and crop type. The global transgenic seeds market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading transgenic seeds market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global transgenic seeds market is segmented into trait and crop type. By trait, the transgenic seeds market is classified into Herbicide Tolerance, Insecticide Resistance, Others. By crop type, the transgenic seeds market is classified into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global transgenic seeds market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The transgenic seeds market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the transgenic seeds market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the transgenic seeds market in these regions.
MARKET PLAYERS
The report covers vital developments in the transgenic seeds market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the transgenic seeds market are anticipated to lucrative growth opportunities in the future with the rising demand for transgenic seeds in the global market. Below mentioned is the list of few companies engaged in the transgenic seeds market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the transgenic seeds market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Syngenta AG
- Vilmorin & Cie SA
- Bayer CropScience AG
- BASF SE
- Kaveri Seed Co Ltd
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.