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Genetically Modified Seeds Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71270
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The genetically modified seeds market share is expected to increase by USD 14.63 billion from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 10.14%.

This genetically modified seeds market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (corn, soybean, cotton, canola, and others) and geography (North America, APAC, Europe, South America, and MEA). The genetically modified seeds market report also offers information on several market vendors, including Barenbrug Holding B.V, BASF SE, Bayer AG, Corteva Inc., Groupe Limagrain Holding, KWS SAAT SE & Co. KGaA, Land O Lakes Inc., Sakata Seed Corp., Syngenta AG, and Takii & Co. Ltd. among others.

What will the Genetically Modified Seeds Market Size be in 2021?

Genetically Modified Seeds Market Size

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Genetically Modified Seeds Market: Key Drivers and Trends

The rise in adoption of biofuels is notably driving the genetically modified seeds market growth, although factors such as new technology like vertical farming will reduce the use of genetically modified seeds and may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the genetically modified seeds industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the genetically modified seeds market is the rise in the adoption of biofuels.
  • Consumers are more concerned about the environment, which is driving the demand for biofuels. Biofuels are made up of energy crops such as wheat, soybean, sugarcane, and corn.
  • Biofuels provide sustainability for the environment, reduce the global consumption of fossil fuels, and limit pollution.
  • Governments of different countries in APAC and Africa are also trying to reduce the use of conventional fuels and encourage the use of biofuels.
  • The premium pricing of non-GM food products is another major factor supporting the genetically modified seeds market share growth.
  • The purchasing decision of non-GM food products is often based on price even though the population today is more health-conscious.
  • It is estimated that more than 68% of all primary grocery shoppers are not willing to pay a higher price for non-GM food products, whereas only 11% were willing to pay more.
  • Consumers will switch to GM food products, owing to the continuous increase in pricing of non-GM food products and the unclear health effects.

This genetically modified seeds market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Genetically Modified Seeds Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Barenbrug Holding B.V
  • BASF SE
  • Bayer AG
  • Corteva Inc.
  • Groupe Limagrain Holding
  • KWS SAAT SE & Co. KGaA
  • Land O Lakes Inc.
  • Sakata Seed Corp.
  • Syngenta AG
  • Takii & Co. Ltd.

 

This statistical study of the genetically modified seeds market encompasses successful business strategies deployed by the key vendors. The genetically modified seeds market is fragmented and the vendors are deploying growth strategies such as developing new production plants and acquiring existing players to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The genetically modified seeds market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Genetically Modified Seeds Market?

Genetically Modified Seeds Market Market segmentation by region

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31% of the market's growth will originate from APAC during the forecast period. India is the key market for genetically modified seeds in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increasing consumption from the growing population will facilitate the genetically modified seeds market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Genetically Modified Seeds Market?

Genetically Modified Seeds Market Segmentation

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The genetically modified seeds market share growth by the corn segment will be significant during the forecast period. The rise in the demand for corn and its production can be attributed to its increased use as feed for livestock and in the production of ethanol. Corn's multifaceted nature has boosted its production on the second-most acreage in the world after wheat.

This report provides an accurate prediction of the contribution of all the segments to the growth of the genetically modified seeds market size and actionable market insights on post COVID-19 impact on each segment.

 

Genetically Modified Seeds Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.14%

Market growth 2021-2025

$ 14.63 billion

Market structure

Fragmented

YoY growth (%)

9.62

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 31%

Key consumer countries

US, Brazil, Argentina, India, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Barenbrug Holding B.V, BASF SE, Bayer AG, Corteva Inc., Groupe Limagrain Holding, KWS SAAT SE & Co. KGaA, Land O Lakes Inc., Sakata Seed Corp., Syngenta AG, and Takii & Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Genetically Modified Seeds Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive genetically modified seeds market growth during the next five years
  • Precise estimation of the genetically modified seeds market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the genetically modified seeds industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of genetically modified seeds market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Corn - Market size and forecast 2020-2025
    • Soybean - Market size and forecast 2020-2025
    • Cotton - Market size and forecast 2020-2025
    • Canola - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Barenbrug Holding B.V
      • BASF SE
      • Bayer AG
      • Corteva Inc.
      • Groupe Limagrain Holding
      • KWS SAAT SE & Co. KGaA
      • Land O Lakes Inc.
      • Sakata Seed Corp.
      • Syngenta AG
      • Takii & Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      Genetically Modified Seeds market growth will increase by $14635.74 million during 2020-2025.
      The genetically modified seeds market is expected to grow at a CAGR of 10.14% during 2020-2025.
      Technavio has segmented the genetically modified seeds market by product (Corn, Soybean, Cotton, Canola, and Others) and geographic (North America, APAC, Europe, South America, and MEA).
      Barenbrug Holding B.V, BASF SE, Bayer AG, Corteva Inc., Groupe Limagrain Holding, KWS SAAT SE & Co. KGaA, Land O Lakes Inc., Sakata Seed Corp., Syngenta AG, Takii & Co. Ltd. are a few of the key vendors in the genetically modified seeds market.
      APAC will register the highest growth rate of 31.02% among the other regions. Therefore, the genetically modified seeds market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the genetically modified seeds market growth are:
      • Rise in adoption of biofuels
      The genetically modified seeds market vendors should focus on grabbing business opportunities from the corn segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Five-force market analysis

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