Transgenic Seeds Market to Grow with a CAGR of 5.28% through 2029

Environmental stress tolerance and increasing agricultural productivity is expected to drive the Global Transgenic Seeds Market growth in the forecast period, 2025-2029

 

According to TechSci Research report, “Transgenic Seeds Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Transgenic Seeds Market stood at USD 22.25 billion in 2023 and is anticipated to grow with a CAGR of 5.28% in the forecast period, 2025-2029.

Increasing awareness among individuals regarding Transgenic Seeds has created favorable market conditions globally. Various factors are driving the growth of Transgenic Seeds products. These seeds are engineered to boost agricultural productivity by resisting pests and diseases, tolerating adverse environmental conditions, and ultimately increasing crop yields. This enhanced productivity is particularly crucial in light of the growing global population and the need to produce more food with limited arable land. GM soybeans, corn, and cotton are among the crops widely adopted due to their pest and herbicide resistance, resulting in higher yields and economic advantages for farmers.

The advancement of crops resistant to pests and diseases, exemplified by Bt (Bacillus thuringiensis) cotton and corn, has significantly impacted agricultural practices. Genetically modifying these crops to produce insect-toxic proteins has reduced reliance on chemical pesticides, lowering production costs and minimizing environmental harm. Similarly, disease-resistant transgenic crops bolster crop yields and food security, driving market expansion. Farmers widely embrace herbicide-tolerant transgenic crops like glyphosate-resistant soybeans and maize, which endure specific herbicides, simplifying weed management and reducing labor expenses. However, concerns arise regarding herbicide-resistant weed development and heightened herbicide usage's ecological impact.

In today's dynamic landscape, transgenic seeds engineered for enhanced crop productivity are pivotal. They deliver higher yields, faster growth, and heightened resistance to pests, diseases, and environmental stressors, crucial in meeting escalating food demands amid population growth. Some genetically modified crops exhibit shortened growth cycles, facilitating quicker harvests. For instance, Bt cotton and insect-resistant maize exhibit accelerated growth and reduced pest-induced losses, addressing global food needs. Transgenic seeds emphasize resource efficiency, demanding less water and fewer chemical inputs than conventional counterparts, vital in a resource-scarce world aiming for enhanced productivity with minimized resources. They fortify food security by mitigating crop losses due to pests, diseases, and environmental stress, vital in a fast-paced world susceptible to food supply disruptions.

The demand surges for crops resilient to environmental stressors such as drought, salinity, and temperature fluctuations. Transgenic seeds adeptly enhance crop resilience, exemplified by drought-resistant GM crops ensuring stable yields in water-scarce regions, supporting sustainable agriculture and food security. Transgenic seeds significantly uplift agricultural productivity, equipped with genetic traits fortifying crops against pests, diseases, and environmental stressors, yielding higher crop outputs to meet mounting global food requirements. Genetic modifications confer pest and disease resistance, exemplified by Bt crops, diminishing reliance on chemical insecticides and fostering healthier crops with reduced losses. Additionally, crops engineered to withstand harsh environmental conditions like drought, heat, and salinity are invaluable amid climate change's challenges. Also, stringent approval processes may impede market growth, alongside challenges surrounding environmental concerns, ecological impacts, and transparency in labeling, potentially obstructing the Transgenic Seeds market's trajectory.                                                                                             

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The Global Transgenic Seeds Market is segmented into trait, crop type, regional distribution, and company.

Based on crop type, The Corn segment is projected to experience rapid growth during the forecast period. Corn has a significantly high adoption rate among transgenic crops. Many countries have embraced GM maize varieties, making it one of the most widely grown genetically modified crops globally. This high level of adoption demonstrates the strong demand for transgenic corn among farmers. Corn is a staple crop with vast economic importance. It is used for various purposes, including food and feed production, as well as industrial applications such as ethanol production. The economic significance of corn drives the adoption of transgenic varieties, which offer several advantages to growers. Transgenic corn is engineered to provide resistance to pests and tolerance to herbicides. For instance, Bt (Bacillus thuringiensis) corn varieties produce a protein toxic to certain insect pests, reducing the need for chemical insecticides. Herbicide-tolerant corn varieties allow farmers to use specific herbicides for weed control without damaging the crop. These traits contribute to increased yield potential and cost savings for farmers. Transgenic corn varieties are developed to exhibit high yield potential. The resistance to pests, coupled with efficient weed control, allows the crop to grow more robustly and produce larger harvests. The high yield potential of transgenic corn aligns with the demand for increased food production to feed a growing global population. These factors collectively contribute to the growth of this segment.

The Asia-Pacific market is poised to be the fastest-growing market, offering lucrative growth opportunities for Transgenic Seeds Market players during the forecast period. Factors such as the Asia-Pacific region is home to a rapidly growing population. As the demand for food increases, there is a need for technologies that enhance agricultural productivity. Transgenic seeds can address food security challenges in the region. The Asia-Pacific region encompasses a wide range of agroclimatic conditions, from tropical to temperate. Transgenic seeds engineered for pest resistance, herbicide tolerance, and environmental stress tolerance can adapt to and thrive in diverse environments, making them appealing to farmers in this region.

 

Major companies operating in Global Transgenic Seeds Market are:

• DuPont de Nemours, Inc.
• Syngenta AG
• Vilmorin & Cie
• Bayer CropScience AG
• BASF SE
• The Dow Chemical Company
• Suntory Holdings Ltd

 

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“The environmental stress tolerance and increasing agricultural productivity are key drivers of the Transgenic Seeds market. In recent years, the growing Herbicide-tolerant transgenic seeds simplifies weed management. Farmers can use specific herbicides to control weeds without harming the crop. This targeted approach leads to reduced labor costs and resource efficiency. Moreover, the growing consumer emphasis on preventative healthcare products has enhanced production and marketing efforts. To meet the demands of the market, manufacturers are increasingly incorporating cutting-edge technologies with high production efficiency. Rising consumer acceptance and continuous product innovation will further ensure the growth of the Transgenic Seeds market in the coming years.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Transgenic Seeds Market – Global Industry Size, Share, Trends, Opportunity, & Forecast, Segmented By Trait (Herbicide Tolerance, Insect-resistance, Others), By Crop Type (Corn, Soya, Cotton, Canola, Others), By Region, Competition, 2019-2029F”, has evaluated the future growth potential of Global Transgenic Seeds Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Transgenic Seeds Market.

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