North America Transgenic Seeds Market to Grow with a CAGR of 6.75% through 2030
Increased
Crop Yield and Biotech Innovations are factors driving the North America
Transgenic Seeds market in the forecast period 2026-2030.
According
to TechSci Research report, “North America Transgenic Seeds Market – By Country, Competition, Forecast & Opportunities, 2030F”,
the North America Transgenic Seeds Market stood at USD 12.18 Billion in 2024
and is expected to reach USD 15.23 Billion by 2030 with a CAGR of 6.75% during
the forecast period.
In the dynamic realm of agricultural innovation, the development of stacked traits stands out as a driving force propelling the transgenic seeds market forward. Stacking involves the incorporation of multiple desirable traits within a single seed, presenting farmers with a powerful tool to address diverse challenges in crop cultivation. In February 2024, hemp food specialist Manitoba Harvest partnered with food technology company Brightseed to introduce a new product nationwide at Whole Foods in the U.S. This launch features Brightseed’s first commercial ingredient, a bioactive fiber designed to offer a novel approach to gut health.
Farmers are increasingly turning to transgenic seeds with stacked traits as a strategic solution to combat a range of agricultural adversaries. These traits may include resistance to various pests, diseases, and environmental stressors, providing a comprehensive and efficient approach to crop management. The ability to tailor seeds with multiple safeguards not only enhances crop yield but also minimizes the need for chemical interventions, aligning with the North America push towards sustainable and eco-friendly farming practices.
Moreover, the development of stacked traits offers a unique opportunity to optimize crop performance in the face of climate variability. Seeds with combined traits of drought tolerance, heat resistance, and adaptability to changing environmental conditions empower farmers to navigate the uncertainties brought about by climate change.
Collaborations between biotechnology firms, research institutions, and seed developers play a pivotal role in advancing the development of stacked traits. This collaborative synergy accelerates research and development efforts, ensuring that farmers have access to a diverse portfolio of transgenic seeds tailored to meet the evolving demands of modern agriculture.
In the ever-evolving landscape of agriculture, a notable trend is reshaping the trajectory of the transgenic seeds market — the focus on enhanced nutritional content. As North America concerns surrounding malnutrition and food security intensify, transgenic seeds are taking center stage in the quest to fortify crops with improved nutritional profiles.
Biofortification, the process of enhancing the nutritional content of crops through genetic modification, has become a driving force behind the adoption of transgenic seeds. These innovative seeds are enginee red to exhibit elevated levels of essential nutrients such as vitamins, minerals, and proteins. This transformation not only addresses critical nutritional deficiencies but also aligns with the growing consumer demand for healthier and more nutritious food options.
The impact of enhanced nutritional content extends beyond basic sustenance. Transgenic seeds offer a solution to combat malnutrition-related health issues on a North America scale. Crops fortified with key nutrients contribute to improved public health outcomes, especially in regions where access to diverse and nutrient-rich diets is limited. In response to this trend, seed developers are investing heavily in research and development to create transgenic varieties with heightened nutritional benefits. Collaboration between biotechnology firms, research institutions, and regulatory bodies is crucial in navigating the complex landscape of genetic modification for nutritional enhancement.
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"North America Transgenic Seeds Market”
The
North America Transgenic Seeds Market is segmented into crop type, trait, country
distribution, and company.
Based on crop type, corn is expected to be the fastest-growing segment in the North America Transgenic Seeds Market in 2024. The growth of genetically modified (GM) corn is driven by the rapid adoption of advanced traits such as herbicide tolerance, insect resistance, and drought resilience. As these traits address critical challenges faced by farmers, such as pest pressure, herbicide use, and climate change, GM corn varieties are gaining momentum at an accelerated pace. The growing demand for high-yielding hybrid corn, which is used in both food supply chains and biofuel production, is propelling its rapid growth. With the increasing focus on ethanol production and sustainable energy sources, corn is becoming an essential crop for biofuel production, further boosting its market demand. Technological innovations, such as the development of stacked-trait corn hybrids that combine multiple genetic modifications, are contributing to the fast-paced growth of this segment. These hybrids offer increased protection against pests, reducing the reliance on chemical pesticides and helping to ensure higher productivity with less environmental impact. Additionally, the introduction of drought-tolerant corn varieties has expanded the crop's viability in water-scarce regions, increasing its appeal in areas facing climatic challenges. With a supportive regulatory environment and continued research into next-generation corn varieties, GM corn is set to experience substantial growth, making it the fastest-growing segment in the North America transgenic seeds market..
Basd on country, In
2024, Canada stands as the second-largest market for transgenic seeds in North
America, following the United States. The country's robust agricultural sector
has embraced genetically modified (GM) crops to enhance productivity and
address challenges posed by pests, diseases, and environmental stressors. Canada's
regulatory framework supports the adoption of GM crops, with agencies such as
the Canadian Food Inspection Agency (CFIA) and Health Canada overseeing the
approval and monitoring processes. This supportive environment has facilitated
the integration of transgenic seeds into Canadian agriculture, particularly in
key crops like canola, corn, and soybeans. Canola is a cornerstone of Canada's
GM crop production. The majority of canola cultivated in the country is derived
from transgenic seeds engineered for herbicide tolerance, allowing for
effective weed management and higher yields. This has solidified Canada's
position as a leading global exporter of canola and its derived products. In
addition to canola, Canadian farmers have widely adopted GM corn and soybean
varieties. These transgenic seeds offer traits such as herbicide tolerance and
insect resistance, enabling more efficient pest control and crop management.
The adoption of these GM crops has contributed to increased competitiveness in
both domestic and international markets. The economic impact of transgenic
seeds in Canada is significant, contributing to the country's agricultural GDP
and supporting rural communities. The technology has enabled Canadian farmers
to achieve higher productivity while adopting more sustainable farming
practices, such as reduced tillage and lower pesticide usage..
Major
companies operating in North America Transgenic Seeds Market are:
·
E.I. du
Pont de Nemours & Company
·
Dow
AgroSciences LLC
·
Suntory
Holdings Ltd
·
Syngenta
AG
·
Bayer
Crop Science AG
·
Vilmorin
& Cie SA
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“The
transgenic seeds market has experienced a significant increase in
collaborations and partnerships among key industry players, research
institutions, and biotechnology firms. These strategic alliances are primarily
formed to leverage shared resources, exchange technical expertise, and expedite
research and development initiatives. By combining capabilities, companies and
research organizations can overcome scientific and regulatory hurdles more
efficiently, leading to faster innovation cycles and the commercialization of
advanced transgenic seed varieties. One of the primary objectives of such
collaborations is to enhance crop traits, including higher yield potential,
pest resistance, herbicide tolerance, and improved nutritional content.
Biotechnology firms contribute cutting-edge genetic modification techniques,
while agricultural companies provide large-scale field testing and distribution
networks. Research institutions play a critical role in validating genetic
advancements and ensuring regulatory compliance, creating a synergy that
fosters a culture of innovation. Furthermore,
these partnerships enable cost-sharing in R&D investments, reducing
financial risks associated with lengthy development timelines and stringent
approval processes. Companies also collaborate to navigate evolving regulatory
landscapes across different regions, ensuring market access for new transgenic
seed products. Ultimately, these strategic collaborations drive continuous
improvements in agricultural productivity and sustainability, addressing global
food security challenges. As competition intensifies, alliances in the
transgenic seeds market are expected to expand further, shaping the future of
genetically modified crops..,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“North
America Transgenic Seeds Market By Crop Type (Corn, Soyabean, Cotton, Canola,
Others), By Trait (Herbicide tolerance, Insect resistance, Others), By Country,
Competition, Forecast and Opportunities, 2020-2030F”, has evaluated the
future growth potential of North America 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 North America Transgenic Seeds Market.
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