The global drought-resistant crops market is projected to register an impressive CAGR in the forecast years, 2023-2027, on account of growth factors like surging demand for advanced methods of agriculture in the desert lands and drought-struck areas. Rising demands from the local communities for their self-grown crops, along with rising concerns toward hunger, are driving the growth of the global drought resistant crops market in the upcoming five years.

Drought resistant crops are genetically modified crops that have been enhanced to survive in drought conditions. In the scarcity of water and necessary nutrient, the crops fail to survive the harsh climatic and environmental conditions. Thus, creating demands for genetic modifications in the plant or its seeds such that grown crop yields can sustain their lives even in the lack of water. Drought is one of the major reasons that cause global losses in agricultural yields, thus posing a threat to global food security. Measures to ensure higher yields of the crops, sustainability in adverse conditions call for higher scales of research and technological advancements. Drought resistant crops are outcomes of consistent research and advancement in the agriculture sector. Plant biotechnology has advanced itself to provide farmers with higher-yielding crops, genetically modified seeds, organic biofertilizers, organic pesticides, etc., all in the light of modernizing the approach toward high-yielding food crops and thus ensuring food security all over the globe.

Food Security Demands Drive Market Growth

The increasing global population has increased the demand to fulfill hunger needs and daily food requirements of the population many folds in the past years. By the year, 2021 the global population crossed the mark of 7 billion. A large section of the population lives in drought struck or desert lands. These lands lack any kind of agricultural abilities and thus create a vacuum for food.

Through enhanced plant biotechnology practices like genetic engineering, molecular markers, molecular diagnostics, vaccines, and tissue culture, advanced agricultural products are designed and cultivated to overcome the increasing food insecurity. Demands for drought-resistant crops from the deserted lands in GCC countries and African countries are higher as compared to the rest of the world, and thus further substantiating the growth of the global drought resistant crops market in the upcoming five years.

Government Supports Market Growth

Investment requirements and project-sanctioned finances are required with increasing research and technological advancement. For the agricultural advancements, governments of the major economies fund the research institutes and thus play a major role in driving the growth of the global drought resistant crops market in the upcoming five years. The government also supports these practices with favorable schemes to promote the utilization of genetically modified seeds, etc. Government aids have supported higher-yielding crops. Some drought-resistant crops grown globally include corn, wheat, rice, barley, sorghum, etc. In the growth year 2020-2021, total corn production was recorded to be 1,125 million metric tons globally. The United States is anticipated to dominate the highest yields of drought resistant crops due to a large number of farms, 2,019,000, in the year 2021.


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Market Segmentation

The global drought resistant crops market segmentation is based on crop type, distribution channel, regional distribution, and competitive landscape. Based on crop type, the market is further bifurcated into corn/maize, soybean, cotton, canola, and others. The market is also segmented by distribution channels, between online and offline. The market analysis also studies the regional segmentation, divided among the Asia-Pacific region, North American region, European region, South American region, and the Middle East & African region.

Company Profile

Bayer CropScience LLC, Syngenta AG, Monsanto Company, BASF SE, Nuseed Pty Ltd., Calyxt Inc., Jk Agri Genetics Ltd., Maharashtra Hybrid Seed Company (MAHYCO), Stine Seed Farm Inc., Cyanamid Agro Ltd., are enlisted in a partial list of major market players of the global drought resistant crops market.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Crop Type

·         Distribution Channel

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Iran, Israel, Ethiopia, Brazil, Argentina, Colombia

Key companies profiled

Bayer CropScience LLC, Syngenta AG, Monsanto Company, BASF SE, Nuseed Pty Ltd., Calyxt Inc., Jk Agri Genetics Ltd., Maharashtra Hybrid Seed Company (MAHYCO), Stine Seed Farm Inc., Cyanamid Agro Ltd.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global drought resistant crops market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Drought Resistant Crops Market, By Crop Type:
    • Corn/Maize
    • Soyabean
    • Cotton
    • Canola
    • Others
  • Global Drought Resistant Crops Market, By Distribution Channel:
    • Online
    • Offline
  • Global Drought Resistant Crops Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iran
      • Israel
      • Ethiopia
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global drought resistant crops market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Drought Resistant Crops Market

5.    Voice of Customer

5.1.  Preference, By Crop Type

5.2.  Demand, By Geography

5.3.  Source of Information

5.4.  Factors Contributing to Higher Demand of Drought Resistant Crops

5.5.  Barriers to Adoption of Drought Resistant Crops

5.6.  Brand Awareness

6.    Global Drought Resistant Crops Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Crop Type (Corn/Maize, Soyabean, Cotton, Canola, Others)

6.2.2.     By Distribution Channel (Online v/s Offline)

6.2.3.     By Company (2021)

6.2.4.     By Region

6.3.  Product Market Map

7.    North America Drought Resistant Crops Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Crop Type

7.2.2.     By Distribution Channel

7.2.3.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Drought Resistant Crops Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Crop Type

7.3.1.2.2.             By Distribution Channel

7.3.2.     Mexico Drought Resistant Crops Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Crop Type

7.3.2.2.2.             By Distribution Channel

7.3.3.     Canada Drought Resistant Crops Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Crop Type

7.3.3.2.2.             By Distribution Channel

8.    Europe Drought Resistant Crops Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Crop Type

8.2.2.     By Distribution Channel

8.2.3.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Drought Resistant Crops Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Crop Type

8.3.1.2.2.             By Distribution Channel

8.3.2.     Germany Drought Resistant Crops Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Crop Type

8.3.2.2.2.             By Distribution Channel

8.3.3.     United Kingdom Drought Resistant Crops Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Crop Type

8.3.3.2.2.             By Distribution Channel

8.3.4.     Italy Drought Resistant Crops Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Crop Type

8.3.4.2.2.             By Distribution Channel

8.3.5.     Spain Drought Resistant Crops Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Crop Type

8.3.5.2.2.             By Distribution Channel

9.    Asia-Pacific Drought Resistant Crops Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Crop Type

9.2.2.     By Distribution Channel

9.2.3.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China Drought Resistant Crops Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Crop Type

9.3.1.2.2.             By Distribution Channel

9.3.2.     India Drought Resistant Crops Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Crop Type

9.3.2.2.2.             By Distribution Channel

9.3.3.     South Korea Drought Resistant Crops Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Crop Type

9.3.3.2.2.             By Distribution Channel

9.3.4.     Japan Drought Resistant Crops Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Crop Type

9.3.4.2.2.             By Distribution Channel

9.3.5.     Australia Drought Resistant Crops Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Crop Type

9.3.5.2.2.             By Distribution Channel

10.  South America Drought Resistant Crops Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Crop Type

10.2.2.  By Distribution Channel

10.2.3.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Drought Resistant Crops Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Crop Type

10.3.1.2.2.           By Distribution Channel

10.3.2.  Argentina Drought Resistant Crops Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Crop Type

10.3.2.2.2.           By Distribution Channel

10.3.3.  Colombia Drought Resistant Crops Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Crop Type

10.3.3.2.2.           By Distribution Channel

11.  Middle East and Africa Drought Resistant Crops Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Crop Type

11.2.2.  By Distribution Channel

11.2.3.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Drought Resistant Crops Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Crop Type

11.3.1.2.2.           By Distribution Channel

11.3.2.  Saudi Arabia Drought Resistant Crops Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Crop Type

11.3.2.2.2.           By Distribution Channel

11.3.3.  UAE Drought Resistant Crops Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Crop Type

11.3.3.2.2.           By Distribution Channel

11.3.4.  Iran Drought Resistant Crops Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Crop Type

11.3.4.2.2.           By Distribution Channel

11.3.5.  Israel Drought Resistant Crops Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Crop Type

11.3.5.2.2.           By Distribution Channel

11.3.6.  Ethiopia Drought Resistant Crops Market Outlook

11.3.6.1.      Market Size & Forecast

11.3.6.1.1.           By Value

11.3.6.2.      Market Share & Forecast

11.3.6.2.1.           By Crop Type

11.3.6.2.2.           By Distribution Channel

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.              Bayer CropScience LLC

14.2.              Syngenta AG

14.3.              Monsanto Company

14.4.              BASF SE

14.5.              Nuseed Pty Ltd.

14.6.              Calyxt Inc.

14.7.              Jk Agri Genetics Ltd.

14.8.              Maharashtra Hybrid Seed Company (MAHYCO)

14.9.              Stine Seed Farm Inc.

14.10.            Cyanamid Agro Ltd.

 15. Strategic Recommendations

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