The Transgenic Seeds Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Transgenic Seeds Market:
https://www.thebusinessresearchcompany.com/report/transgenic-seeds-global-market-report
According to The Business Research Company’s Transgenic Seeds Global Market Report of 2024, the transgenic seeds market has experienced a remarkable surge in recent years, with a projected growth from $44.02 billion in 2024 to $50.24 billion in 2024, boasting a compound annual growth rate (CAGR) of 14.1%. The upswing in the historical period can be ascribed to heightened construction endeavors, heightened environmental awareness, governmental regulatory frameworks, amplified outdoor activities, and breakthroughs in turf management practices.
Forecasts indicate a swift expansion in the transgenic seeds market, with an anticipated value of $81.16 billion by 2028, showcasing a CAGR of 12.7%. This growth trajectory in the impending period is attributable to the burgeoning challenges posed by climate change, the burgeoning preference for sustainable landscaping practices, the expansion of sports infrastructure, the proliferation of recreational areas, and the surge in urban greening initiatives. Noteworthy trends in the forecast period encompass solutions for disease and stress management, advancements in formulations, precision application technologies, resilient turf varieties, organic turf management methodologies, as well as educational and training endeavors.
Increasing agricultural productivity is expected to propel the growth of the transgenic seed market going forward. Agricultural productivity refers to the measure of the market value of the crop yield of an agricultural production system that uses inputs such as land, labor, capital, and other resources to produce yield. Transgenic seeds are primarily used in agricultural production to grow more food with fewer resources. The use of transgenic seed technology to increase yield and reduce the use of agricultural land, leading to increased profits for farmers boost the transgenic seed market. For instance, in November 2022, according to Eurostat, a Luxembourg government agency, 297.5 million metric tons of harvested grains, including rice, were produced in Europe in 2021, an increase of 4.2 %, or 12.1 million metric tons, over 2020. Furthermore, in December 2022, according to the Food and Agriculture Organization, a US-based specialized agency, the global primary crop production increased by 2% from 2020 to reach 9.5 billion tons in 2021. Therefore, increasing agricultural productivity is driving the growth of the transgenic seed market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=10399&type=smp
The transgenic seeds market covered in this report is segmented –
1) By Type: Farmland, Green House
2) By Trait: Herbicide Tolerance, Insect- Resistance, Other Traits
3) By Crop: Maize, Cotton, Rice, Soybean, Canola, Other Crops
4) By End -User: Insect Resistance, Herbicide Tolerance, Virus Resistance, Altered Oil Composition, Delayed Fruit Ripening, Male Sterility And Restorer System
An increasingly prominent trend within the transgenic seed market is product innovation. Major industry players are directing their efforts towards the development of groundbreaking products to fortify their market standing. For instance, in August 2021, Corteva Inc., an esteemed US-based agriculture company, introduced Conkesta E3, a genetically modified soybean seed tailored for Brazilian farmers. Recently, this innovation secured authorization from the European Union Commission. Conkesta E3 soybeans boast superior genetics and comprehensive lepidopteran insect protection, courtesy of the Enlist weed control system, which delivers unparalleled flexibility and efficacy in the management of broadleaf weeds and grasses. Moreover, it enhances crop production efficiency, marking a significant stride in agricultural innovation and sustainability.
The transgenic seeds market report table of contents includes:
1. Executive Summary
2. Transgenic Seeds Market Characteristics
3. Transgenic Seeds Market Trends And Strategies
4. Transgenic Seeds Market - Macro Economic Scenario
5. Global Transgenic Seeds Market Size and Growth
.....
31. Global Transgenic Seeds Market Competitive Benchmarking
32. Global Transgenic Seeds Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Transgenic Seeds Market
34. Transgenic Seeds Market Future Outlook and Potential Analysis
35. Appendix
Related Reports:
https://topprnews.com/implantable-cardiac-rhythm-management-device-market-size/
https://topprnews.com/implantable-defibrillators-market-size/
https://topprnews.com/in-situ-hybridization-market-analysis/
https://goodprnews.com/implantable-cardiac-rhythm-management-device-market-size/
https://goodprnews.com/implantable-defibrillators-market-size/
https://goodprnews.com/in-situ-hybridization-market-analysis/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Market ForecastGlobal Transgenic Seeds Market size is expected to cross USD 77 Billion by 2027 at a CAGR of 12% during the forecast period of 2020 to 2027.
Seeds developed through genetic modification with certain desirable traits are known as transgenic seeds.
Prominent players are active in the market.global transgenic seeds market is adopting various business strategies to strive in such a competitive market.
For instance, in February 2019, DowDuPont launched a new product line of genetically modified soybean, post receiving approval from the Philippines government.Key Players of Transgenic Seeds Market:Suntory Holdings Ltd (Japan)DowDuPont (US)Vilmorin & Cie SA (France)Maharashtra Hybrid Seed Company (India)Bayer CropScience AG (Germany)Monsanto (US)BASF SE (Germany)Syngenta AG (Switzerland)Simplot Co. (US)JK Agri Genetics Ltd (India)Growth Opportunities in the Transgenic Seeds MarketSoybean segment to register the highest growth rate during the forecast period: The growth of the Transgenic Seeds Market segment can be attributed to the rising application of soybean and its derivatives.
South American countries such as Brazil and Argentina are among the major country-level markets contributing to the growth of the segment.
Brazil is registering an increase in the area cultivated with transgenic soybean owing to the high demand for transgenic soybean in both domestic and export markets, along with the availability of suitable seed technologies.The rising need to limit pesticide use is expected to boost the growth of the insecticide-resistant segment: Pesticides are often used to control the insect population with variable effectiveness and considerable expense.
Incorporation of technology with biology has opened up a broad pathway for research to understand and create new products with the help of genetically engineered animals.
As per the report that has been recently published by Market Research Future (MRFR), the global transgenic animals market is anticipated to expand significantly at a noteworthy CAGR of 8.6% during the forecast period of 2017-2023.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/5464Market Drivers:The rapid development in the field of genetic engineering and biotechnology is leading to the incorporation of recombinant DNA technology in various animals.
The introduction of transgenic technology in cows for increasing the production of milk is gaining traction in the global market, resulting in the growth of the global transgenic animal market.
The increasing use of transgenic technology for improving the quality and quantity of meat to fulfill the high demand for good quality meat in various regions of the world is one the major factors that are fueling the expansion of the global transgenic animal market.Market Restraints:The high cost of development of transgenic technology, reluctance in the acceptance of transgenic products and stringent regulatory framework by FDA are likely to hamper the growth of the global transgenic animal market during the forecast period.
Based on products, the transgenic animal market is segmented into PCR, gene gun, microinjections, electroporator, and others.
Based on application, the transgenic animal market is segmented into recombinant human proteins, monoclonal antibodies, xenotransplantation, and others.
Global transgenic animals market research report: by products (gene gun, microinjection), techniques (DNA microinjection), consumables (probes), application (monoclonal Abs), transgenic animals (mice) end user (biotech industries) – Forecast till 2027The global transgenic animals market is eyeing for a stellar 8.60% CAGR during the forecast period (2017-2023), reports Market Research Future (MRFR).
This covers the drivers and various segmentation with a detailed analysis of the same for a precise market overview and a rationally laid-out prediction.
The market is founded on the technology of insertion of a foreign gene into an animal’s genome where, by recombining it then with the animal’s DNA, researchers can obtain the much-desired result.
Expanding biotechnology sector is also a driver for transgenic animals’ market.
Its astounding market value of USD 139.4 billion can speak for the inflating industry, and surely transgenic animals’ market can profit from it.On the flip side, stringent FDA policies can act like a hurdle for the market in the forthcoming future and reluctance to accept the resultant products, coupled with high developmental cost, can bottleneck the expected flow.
Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/5464 SegmentationThe global transgenic animals market can be segmented by product, techniques, consumables, application, model organisms, and end-user.Based on product, the market can be segmented into peak cell rate (PCR), gene gun, microinjections, electroporator, and others.
