Genetically Modified Seeds Market, By Crop Type, and Trait - Global Industry Insights, Trends, Outlook, and Opportunity

1. Genetically Modified Seeds Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017-2025 © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Genetically Modified Seeds Market Overview Genetically modification (GM) of seeds involves the modification of DNA of natural seeds, in order to increase tolerance against pests and herbicides, with the help of genetic engineering methods such as gene gun and agrobacterium tumefaciens. It also aids in improving the yield of the crop. Genetically modified seeds are gaining popularity over conventional seeds, owing to factors such as longer shelf life, improved yields, enhanced nutritional values, and capacity to sustain against climatic changes. According to the Food and Agriculture Organization (FAO), increasing population and rising disposable income of consumers would result in an increase in food production by almost 70% by 2050. The steadily growing demand for food and the reduced availability of arable land is expected to increase the adoption of various agricultural developments such as GM seeds, which in turn, is anticipated to support the global growth of the market. According to the Department for Environment Food and Rural Affairs, total agricultural land in UK was reduced from 17,240 thousand hectares in 2014 to 17,147 thousand hectares in 2015. Stringent regulations imposed by various regulatory bodies such as Environmental Protection Agency (EPA), United States Department of Agriculture (USDA) and Food and Drug Administration (FDA), on genetically modified crops is hindering the market growth. For instance, EPA regulates the use of Bt toxins under the FIFRA Act (Federal Insecticide, Fungicide and Rodenticide Act) © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Genetically Modified Seeds Market Taxonomy Based on crop type, the global genetically modified seeds market is segmented into: ➢Corn ➢Soybean ➢Cotton ➢Potato ➢Sugar Beets ➢Zucchini ➢Others Based on trait, the global genetically modified seeds market is segmented into: ➢Insect Tolerance ➢Herbicide Tolerance ➢ Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1322 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Genetically Modified Seeds Market Outlook North America dominated the genetically modified seeds market in 2016, owing to high adoption of genetically modified or biotech crops in the region. According to the International Service for the Acquisition of Agri Biotech Applications (ISAAA), in 2016, Canada was reported as one of the major countries producing genetically modified crops with an area of 11.55 million hectares, with an average adoption rate of 93%. In the same year, five majorly produced genetically modified crops in Canada were soybean, canola, maize, sugar beet, and alfalfa and the total planting of these crops increased by about 5% from 2015. Additionally in 2016, the Canadian Food Inspection Agency (CFIA), approved cultivation of SU Canola and innate potato. Increasing support from government with respect to promotion of genetically modified seeds is one of the major factors fueling growth of the market. Asia Pacific is expected to exhibit fastest growth over the forecast period. Biotechnology in the agricultural field segment is exhibiting strong growth in emerging countries such as India and China, to provide enhanced crop yield against fluctuating environmental conditions such as drought and salinity. In 2016, according to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA), around 7.2 million farmers adopted the IR cotton, in order to increase cotton productivity per hectare. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1322 © Coherent market Insights. All Rights Reserved

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