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, 2029F”, the Global Transgenic Seeds Market stood at USD 22.25 Billion in 2023 and is anticipated to grow with a CAGR of 5.28% through 2029. Increasing awareness among individuals regarding genetically modified (GM) seeds has created favorable market conditions globally. Several factors contribute to the growth of GM seed products. These seeds are engineered to enhance agricultural productivity by resisting pests and diseases, tolerating adverse environmental conditions, and ultimately increasing crop yields. This heightened productivity is particularly crucial given the growing global population and the need to produce more food with limited arable land. Crops such as GM soybeans, corn, and cotton are widely adopted due to their resistance to pests and herbicides, resulting in higher yields and economic benefits for farmers.

Advancements in developing crops resistant to pests and diseases, such as Bt (Bacillus thuringiensis) cotton and corn, have significantly influenced agricultural practices. Genetically modifying these crops to produce insect-toxic proteins has reduced reliance on chemical pesticides, thereby lowering production costs and minimizing environmental harm. Similarly, disease-resistant transgenic crops contribute to increased crop yields and food security, driving market expansion. Farmers widely adopt herbicide-tolerant transgenic crops like glyphosate-resistant soybeans and maize, which withstand specific herbicides, simplifying weed management and reducing labor costs. Concerns arise regarding the development of herbicide-resistant weeds and the ecological impact of increased herbicide usage.

In today's dynamic agricultural landscape, transgenic seeds engineered for enhanced crop productivity play a pivotal role. They deliver higher yields, faster growth, and increased resistance to pests, diseases, and environmental stressors, essential for meeting rising food demands amid population growth. Some genetically modified crops exhibit shortened growth cycles, enabling quicker harvests. For instance, Bt cotton and insect-resistant maize show accelerated growth and reduced losses due to pests, addressing global food needs. Transgenic seeds emphasize resource efficiency, requiring less water and fewer chemical inputs than conventional counterparts, crucial in a resource-constrained world aiming for enhanced productivity with minimal resources. They bolster food security by mitigating crop losses from pests, diseases, and environmental stressors, crucial in a fast-paced world prone to food supply disruptions.

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

Based on crop type, Soya segment is projected to experience rapid growth in Global Transgenic Seeds Market during the forecast period. Soybeans are extensively cultivated worldwide and find various uses in food, feed, and industrial sectors. Their adaptability makes them a fundamental crop in numerous regions, leading to steady demand for enhanced varieties that promise greater yields, resistance to pests, and resilience to environmental challenges. Transgenic soybean varieties are frequently engineered to possess characteristics that improve yield potential, such as better tolerance to drought and increased efficiency in nutrient uptake. These attributes enable farmers to achieve higher yields even in harsh environmental conditions, promoting the widespread adoption of genetically modified (GM) soybean seeds. The global transgenic seeds market is largely controlled by multinational seed companies, which have made significant investments in research and development (R&D) specifically targeting soybeans. These companies have curated extensive collections of transgenic soybean varieties tailored to meet the varied requirements of farmers worldwide, reinforcing soybean's dominant position in the market.

Based on region, Asia Pacific emerged as the fastest growing region in Global Transgenic Seeds Market during the forecast period. The Asia Pacific region is experiencing rapid population growth, leading to increased demand for food and necessitating technologies that improve agricultural productivity. Transgenic seeds offer solutions to food security challenges in the region. With diverse agroclimatic conditions ranging from tropical to temperate, the Asia Pacific region benefits from transgenic seeds engineered for pest resistance, herbicide tolerance, and environmental stress tolerance. These seeds can adapt to various environments and thrive, making them attractive options for farmers in the region.

Major companies operating in Global Transgenic Seeds Market are:

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

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“Environmental stress tolerance and improving agricultural productivity are pivotal factors driving the Transgenic Seeds market. In recent times, the increasing adoption of Herbicide-tolerant transgenic seeds has streamlined weed management practices. Farmers can utilize specific herbicides to manage weeds without risking harm to the crop. This targeted approach results in reduced labor costs and greater resource efficiency. Furthermore, the growing consumer focus on preventive healthcare products has spurred advancements in production and marketing strategies. To meet market demands, manufacturers are increasingly integrating cutting-edge technologies with high production efficiency. With rising consumer acceptance and ongoing product innovation, the Transgenic Seeds market is poised for continued growth in the foreseeable future”, 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 and 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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