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The Transgenic Seeds Market is projected to reach USD 136.9 billion by 2032 from USD 39.29 billion in 2021, growing at a CAGR of 12%. Driven by rising food demand, sustainable farming, and technological advancements, transgenic seeds offer higher yields and resistance to pests and herbicides.<br>
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Transgenic Seeds Market Set to Surpass USD 136.9 Billion by 2032, Driven by Growing Food Demands and Technological Advancements |Fatpos Global Fatpos Global has released its comprehensive market analysis report titled “Transgenic Seeds Market- Analysis of Market Size, Share & Trends for 2022 – 2032” The global Transgenic Seeds Market is projected to exceed USD 136.9 billion by 2032, a significant increase from USD 39.29 billion in 2021, with an anticipated compound annual growth rate (CAGR) of 12% over the forecast period from 2022 to 2032. Transgenic seeds, commonly referred to as 'genetically-modified' (GM) crops, are engineered by transferring genes, the hereditary units of living organisms, from one species to another. Most transgenic crops available today exhibit one of two genetically modified traits: herbicide resistance or an insecticidal toxin derived from the "B.t." bacteria. However, other bioengineered traits in commercially available crops include viral resistance, altered oil content, and modified ripening processes. Unlike genetically modified medicines, animals, and industrial products, transgenic crops interact with the natural environment on a large scale, raising unique concerns. Nonetheless, farmers benefit from transgenic crops through lower production costs and higher yields. Several factors are driving the growth of the Transgenic Seeds Market. These include the increasing global population and food demands, the rising costs of pesticides and fertilizers, and the convenience of residue management. The popularity of transgenic seeds is further bolstered by rising seed costs, the development of high-quality agricultural products, increased crop rotation rates, and growing farmer awareness about the harmful effects of agrochemicals. Additionally, a global push to maximize agricultural production is encouraging farmers to adopt transgenic seeds. Request for Sample PDF: https://www.fatposglobal.com/sample-request/transgenic-seeds-market- 1276 The report segments the Transgenic Seeds Market as follows: By Trait Herbicide Tolerance Insect- Resistance Others By Crop Type Maize Corn Soybean Cotton Read More: https://www.fatposglobal.com/reports/transgenic-seeds-market-1276
Canola Market Drivers: Growing Worldwide Adoption of Sustainable Agricultural Techniques The use of sustainable agriculture methods has surged, significantly boosting the Transgenic Seeds Market. Genetically-modified (GM) seeds offer higher agricultural yields compared to conventional crops, making them the preferred choice among farming communities. Advances in bio-fortification, precise DNA integration, and enhanced stress tolerance in transgenic crops are expected to further increase productivity in commercial agriculture, thereby driving market growth. Increasing Demand for Food and Tough Competition Among Players The forecast period anticipates a rising global demand for food driven by population growth. This demand creates intense competition among market players in terms of product quality and variety. The need for increased food supplies presents opportunities for industry participants to prioritize innovation and product quality, thereby expanding their customer base. Manufacturers are focusing on launching new, innovative products and pursuing global expansion strategies to stay competitive. Market Restraints: Environmental Concerns and Strict Government Regulations for GM Seeds The market faces constraints due to stringent government regulations and environmental concerns associated with GM seeds. The Food and Drug Administration (FDA) regulates most human and animal food, including GMO foods, ensuring they meet the same rigorous safety standards as other foods. Producers, processors, retailers, shippers, and sellers must comply with FDA-enforced food safety regulations, regardless of the food's production method. Additionally, the growing consumer preference for naturally grown food products is limiting the use of GM seeds. Inquiry Before Buying: https://www.fatposglobal.com/report-contact/transgenic-seeds-market-1276 Key Market Players The report identifies several key players in the Transgenic Seeds Market, including: BASF SE Suntory Holdings Ltd. Dow AgroSciences LLC DuPont Syngenta AG Vilmorin & Cie SA Bayer CropScience AG Read More: https://www.fatposglobal.com/reports/transgenic-seeds-market-1276
Monsanto Maharashtra Hybrid Seed Company JK Agri Genetics Ltd Bejo Zaden B.V Kaveri Seed Co Ltd Groupe Limagrain Land O' Lakes DLF-Trifolium Regional Analysis The market analysis covers key geographical regions: North America Latin America Europe Asia Pacific Middle East and Africa Market Insights and Forecasts Fatpos Global's latest market study provides an impartial analysis of the Transgenic Seeds Market, featuring historical demand data and forecasts from 2022 to 2032. This study offers invaluable insights into the market's growth trajectory, helping stakeholders make informed decisions. About Us: An acronym for “Failures Are the Pillar of Success”, FATPOS Global has grown to become an end-to- end market intelligence firm. At FATPOS Global, we have emerged to become a reliable market research and management consulting company that caters to non-profits, corporations, and government agencies. Our aim is to help organizations make the right decisions backed by reliable data, in order to help them meet their growth goals. Industry research reports offered by the company are designed to offer quantifiable information integrated with key industry insights. FATPOS aims at extending necessary data with the main aim of ensuring sustainable organizational development. Innovation and value creation have always been at the forefront of our strategies. Our analysts are ace statisticians and well-versed in developing variable matrices and work with industry experts to extend accurate and rational solutions. Contact Us: Address: 74/1, Bindal Chowk, Paltan Bazaar, Dehradun, Uttarakhand 248001, India Contact No: +91 (135) 3501691 Email: info@fatposglobal.com Web: https://www.fatposglobal.com/ Read More: https://www.fatposglobal.com/reports/transgenic-seeds-market-1276