Genetically Modified (GM) Seeds Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, Canada, India, Brazil, Argentina - Size and Forecast 2024-2028

Published: Apr 2024 Pages: 173 SKU: IRTNTR71270

Genetically Modified (GM) Seeds Market Forecast 2024-2028

The Genetically Modified (GM) Seeds Market size is forecast to increase by USD 12.80 billion, at a CAGR of 7.08% between 2023 and 2028. 

Moreover, the market in North America experiences rapid growth due to extensive adoption and innovative advancements in agricultural biotechnology. BASF SE provides genetically modified seeds, offering benefits such as mitigating soil erosion and preserving biodiversity. This market shows promising trends with a focus on convenience, consumer preferences, and global consumption patterns. Forecasts and analysis indicate a steady rise in market demand and highlight the significant role of biotechnology in shaping the agricultural sector.

Market Overview

The market shows an accelerated CAGR during the forecast period.

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Key Market Driver 

The rising adoption of GM seeds in biofuels is notably driving the market. The global market is experiencing a rise in adoption driven by the growing demand for biofuels. In addition, with an increasing emphasis on reducing greenhouse gas emissions and mitigating climate change, biofuels derived from GM crops such as corn, soybean, and sugarcane are gaining prominence as renewable energy sources.

Moreover, GM seeds engineered for higher yields and enhanced traits such as oil content and biomass are driving the expansion of biofuel production worldwide. For example, bioethanol derived from GM corn is widely used as a fuel additive, while biodiesel from GM soybean and canola provides an alternative to fossil fuels in transportation and industrial sectors. Hence, such factors are driving the market during the forecast period.

Significant Market Trends 

Integration of digital agriculture and data analytics in the GM seeds industry is an emerging trend in the market. The integration of digital agriculture and data analytics emerges as a significant driver in the global market, transforming agricultural practices and improving the value proposition of GM seeds. In addition, digital agriculture leverages advanced technologies such as satellite imaging, drones, sensors, and precision farming equipment to collect vast amounts of data related to soil health, weather patterns, crop growth, and pest infestations.

Moreover, data analytics algorithms then process this information to provide actionable insights and optimize decision-making processes for farmers. In addition, in the context of GM seeds, digital agriculture facilitates the efficient management and monitoring of GM crops throughout their lifecycle. Furthermore, farmers can utilize data-driven insights to tailor cultivation practices, optimize input usage, and maximize the performance of GM seed varieties. Hence, such factors are driving the market during the forecast period.

Significant Market Challenge 

The emergence of new technologies poses a threat to traditional technologies used in GM seeds and is a major challenge hindering the market.  The usage of GM seeds will be limited when new technologies emerge, including vertical farming. In addition, all that is needed for plants to grow on tall vertical towers is to control moisture and continuous light. Furthermore, vertical farming is a new idea that avoids the need for pesticides, synthetic fertilizers, herbicides, and GM organisms (GMOs).

Moreover, the process of growing food on vertically inclined surfaces is known as vertical farming. In addition, instead of growing vegetables and other crops on a single level such as in a field or a greenhouse, this approach grows them in vertically stacked layers, which are frequently integrated into other buildings such as skyscrapers, shipping containers, or converted warehouses. Hence, such factors are hindering the market during the forecast period.

Market Segmentation by Type

The advantage of the herbicide tolerance segment will increase the market. Herbicide tolerance is a main trait in the global market, allowing crops to withstand applications of specific herbicides while suppressing weed growth. In addition, this trait is typically achieved through genetic modification, where crops are engineered to produce enzymes that detoxify or resist the herbicides active ingredients.  Moreover, glyphosate-resistant crops, notably offered by Monsanto and operated by Bayer AG, are among the most widespread herbicide-tolerant varieties. In addition, these crops can withstand glyphosate-based herbicides such as Roundup, facilitating effective weed control without harming the cultivated plants. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

Market Segmentation by Product

The market is a dynamic landscape shaped by advancements in Agricultural Sciences and genetic engineering techniques. GM seeds offer numerous benefits such as High yield and Insect resistance, making them increasingly popular among farmers. GM crops like Soybean, Corn, and Cotton are engineered to exhibit traits like Herbicide tolerance and Insect resistance, providing farmers with effective solutions to combat Insect pests and Weeds while boosting crop yield. Techniques like Gene Splicing and Gene Silencing are utilized in labs to modify the Genetic Makeup and enhance Genetic Features in organisms. GM seeds are often designed to withstand herbicides through Herbicide tolerance, reducing the need for manual weed control and contributing to higher yields. This is achieved through methods like gene gun technology and utilizing viral carriers such as agrobacterium tumefaciens for genetic modification.

The corn segment is estimated to witness significant growth during the forecast period. Corn dominated the global market due to increased demand for corn, which is mainly used in the production of ethanol as well as livestock feed. In addition, corn is used as a primary feedstock for ethanol production; according to USDA estimates, the United States produced 15.1 billion bushels of corn in the 2022 harvest year, which was 7% higher than the 2020 harvest year.

The corn segment was the largest segment and was valued at USD 8.75 billion in 2018.

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Moreover, corn yield in the United States in 2022 reached a record high of 177.0 bushels per acre, 5.6 bushels higher than the 2020 yield of 171.4 bushels per acre. In addition, corn is also used for industrial purposes such as medicines, plastics, and biofuels. Furthermore, corn's multifaceted nature has boosted its production on the second-most acreage in the world after wheat. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

Key Regions for the Market

North America is estimated to contribute 31% to the growth of the global market during the forecast period

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Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The US and Canada are the main contributors to GM seed production and utilization in North America. In addition, in the US, GM crops such as soybeans, corn, cotton, and canola dominate agricultural landscapes, with the majority of these crops being genetically engineered for traits such as herbicide tolerance and insect resistance. Moreover, the widespread adoption of GM seeds in the US is driven by factors such as the need for enhanced crop productivity, weed, and pest management solutions, and the desire for reduced environmental impact through decreased chemical usage. In addition, Canada also plays a significant role in the regional market, particularly in canola production. Furthermore, GM canola varieties, engineered for traits such as herbicide tolerance, have become a staple crop in Canadian agriculture, contributing to increased yields and profitability for farmers. Hence, such factors are driving the market in North America during the forecast period.

Company Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market forecasting growth and analysis.

  • Key Offering - Bayer AG: The company offers genetically modified seeds that increase yield in a sustainable way, with new traits to increase quality, as well as integrated pest and disease management to protect their crops.
  • Key Offering - Cibus: The company offers genetically modified seeds that drive innovation to improve flavor, quality, convenience, and productivity for the benefit of growers, marketers, retailers, and consumers around the world.

The  market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Corteva Inc., FMC Corp., HSR Seeds, JK Agri Genetics Ltd., KWS SAAT SE and Co. KGaA, Land O Lakes Inc., Limagrain, GenTech Seeds Pty Ltd, Rasi Seeds P Ltd., Royal Barenbrug Group, Sakata Seed Corp., Stine Seed Co., Syngenta Crop Protection AG, Takii and Co. Ltd., Tata Sons Pvt. Ltd., Terranova Seeds Australia, and UPL Ltd.

The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The research report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest market trends and analysis and growth opportunities from 2018 to 2028. 

  • Product Outlook
    • Corn
    • Soybean
    • Cotton
    • Canola
    • Others
  • Type Outlook
    • Herbicide tolerance
    • Insect tolerance
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is driven by innovations aimed at enhancing crop yield and addressing challenges such as insect pests, weeds, and poor agricultural production. Technologies like the Rc gene, gene gun, and agrobacterium tumefaciens enable the development of crops with improved traits like insect resistance, herbicide tolerance, and drought resilience. These advancements lead to high-yield cultivated crops like rice, canola, sugar beet seeds, and maize. Genetic modification methods such as gene splicing and gene silencing are employed to alter the genetic makeup and features of organisms, resulting in improved nutritional value and reduced crop damage from diseases and pests. The market also focuses on extending the shelf life of crops and producing oleo-chemicals for various applications. Despite concerns about food safety and environmental impact, genetically modified seeds continue to play a significant role in enhancing food production and sustainability in the agricultural sector.

Moreover, the market is a crucial segment within the agricultural industry, driven by the pursuit of high yield and improved agricultural practices. Researchers and experts in Agricultural Sciences are constantly exploring genetic modification to enhance crop traits and address various challenges faced by farmers. One significant area of focus is the development of GM crops like rice and canola, rice crop designed to exhibit traits such as herbicide tolerance, salinity resistance, and virus resistance, as seen in virus-resistant papaya. These modifications often involve altering Genetic Features within the organism's DNA using advanced lab techniques like gene splicing and introducing Genetic Modification through viral carriers. One of the key advantages of genetically modified seeds is their ability to produce improved yields compared to conventional or natural seeds. This is particularly important in regions with limited arable land or facing agricultural land degradation. Additionally, GM crops can reduce the reliance on synthetic chemicals, addressing concerns about food safety and environmental impact related to their usage.

Market Scope

Report Coverage

Details

Page number

173

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.08%

Market Growth 2024-2028

USD 12.80 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.05

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 31%

Key countries

US, Canada, India, Brazil, and Argentina

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

BASF SE, Bayer AG, Cibus, Corteva Inc., FMC Corp., HSR Seeds, JK Agri Genetics Ltd., KWS SAAT SE and Co. KGaA, Land O Lakes Inc., Limagrain, GenTech Seeds Pty Ltd, Rasi Seeds P Ltd., Royal Barenbrug Group, Sakata Seed Corp., Stine Seed Co., Syngenta Crop Protection AG, Takii and Co. Ltd., Tata Sons Pvt. Ltd., Terranova Seeds Australia, and UPL Ltd.

Market dynamics

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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the genetically modified seeds market between 2023 and 2028
  • Precise estimation of the size of the market size and its contribution to the genetically modified seeds market on the parent market
  • Accurate predictions about upcoming market growth and trends analysis and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and the Middle East and Africa
  • Thorough market research and growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive  analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global genetically modified seeds market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global genetically modified seeds market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Corn - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Corn - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Corn - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Corn - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Corn - Year-over-year growth 2023-2028 (%)
    • 6.4 Soybean - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Soybean - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Soybean - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Soybean - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Soybean - Year-over-year growth 2023-2028 (%)
    • 6.5 Cotton - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Cotton - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Cotton - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Cotton - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Cotton - Year-over-year growth 2023-2028 (%)
    • 6.6 Canola - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Canola - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Canola - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Canola - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Canola - Year-over-year growth 2023-2028 (%)
    • 6.7 Others - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by Product
      • Exhibit 54: Market opportunity by Product ($ billion)
      • Exhibit 55: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Herbicide tolerance - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Herbicide tolerance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Herbicide tolerance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Herbicide tolerance - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Herbicide tolerance - Year-over-year growth 2023-2028 (%)
    • 7.4 Insect tolerance - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Insect tolerance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Insect tolerance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Insect tolerance - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Insect tolerance - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 India - Market size and forecast 2023-2028
      • Exhibit 99: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.10 Brazil - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Brazil - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
    • 9.11 Argentina - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Argentina - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Argentina - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Argentina - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Argentina - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 BASF SE
              • Exhibit 123: BASF SE - Overview
              • Exhibit 124: BASF SE - Business segments
              • Exhibit 125: BASF SE - Key news
              • Exhibit 126: BASF SE - Key offerings
              • Exhibit 127: BASF SE - Segment focus
            • 12.4 Bayer AG
              • Exhibit 128: Bayer AG - Overview
              • Exhibit 129: Bayer AG - Business segments
              • Exhibit 130: Bayer AG - Key news
              • Exhibit 131: Bayer AG - Key offerings
              • Exhibit 132: Bayer AG - Segment focus
            • 12.5 Cibus
              • Exhibit 133: Cibus - Overview
              • Exhibit 134: Cibus - Product / Service
              • Exhibit 135: Cibus - Key offerings
            • 12.6 Corteva Inc.
              • Exhibit 136: Corteva Inc. - Overview
              • Exhibit 137: Corteva Inc. - Business segments
              • Exhibit 138: Corteva Inc. - Key offerings
              • Exhibit 139: Corteva Inc. - Segment focus
            • 12.7 FMC Corp.
              • Exhibit 140: FMC Corp. - Overview
              • Exhibit 141: FMC Corp. - Product / Service
              • Exhibit 142: FMC Corp. - Key offerings
            • 12.8 GenTech Seeds Pty Ltd
              • Exhibit 143: GenTech Seeds Pty Ltd - Overview
              • Exhibit 144: GenTech Seeds Pty Ltd - Product / Service
              • Exhibit 145: GenTech Seeds Pty Ltd - Key offerings
            • 12.9 HSR Seeds
              • Exhibit 146: HSR Seeds - Overview
              • Exhibit 147: HSR Seeds - Product / Service
              • Exhibit 148: HSR Seeds - Key offerings
            • 12.10 JK Agri Genetics Ltd.
              • Exhibit 149: JK Agri Genetics Ltd. - Overview
              • Exhibit 150: JK Agri Genetics Ltd. - Product / Service
              • Exhibit 151: JK Agri Genetics Ltd. - Key offerings
            • 12.11 KWS SAAT SE and Co. KGaA
              • Exhibit 152: KWS SAAT SE and Co. KGaA - Overview
              • Exhibit 153: KWS SAAT SE and Co. KGaA - Business segments
              • Exhibit 154: KWS SAAT SE and Co. KGaA - Key offerings
              • Exhibit 155: KWS SAAT SE and Co. KGaA - Segment focus
            • 12.12 Land O Lakes Inc.
              • Exhibit 156: Land O Lakes Inc. - Overview
              • Exhibit 157: Land O Lakes Inc. - Product / Service
              • Exhibit 158: Land O Lakes Inc. - Key offerings
            • 12.13 Limagrain
              • Exhibit 159: Limagrain - Overview
              • Exhibit 160: Limagrain - Business segments
              • Exhibit 161: Limagrain - Key offerings
              • Exhibit 162: Limagrain - Segment focus
            • 12.14 Rasi Seeds P Ltd.
              • Exhibit 163: Rasi Seeds P Ltd. - Overview
              • Exhibit 164: Rasi Seeds P Ltd. - Product / Service
              • Exhibit 165: Rasi Seeds P Ltd. - Key offerings
            • 12.15 Royal Barenbrug Group
              • Exhibit 166: Royal Barenbrug Group - Overview
              • Exhibit 167: Royal Barenbrug Group - Product / Service
              • Exhibit 168: Royal Barenbrug Group - Key offerings
            • 12.16 Sakata Seed Corp.
              • Exhibit 169: Sakata Seed Corp. - Overview
              • Exhibit 170: Sakata Seed Corp. - Business segments
              • Exhibit 171: Sakata Seed Corp. - Key offerings
              • Exhibit 172: Sakata Seed Corp. - Segment focus
            • 12.17 Tata Sons Pvt. Ltd.
              • Exhibit 173: Tata Sons Pvt. Ltd. - Overview
              • Exhibit 174: Tata Sons Pvt. Ltd. - Business segments
              • Exhibit 175: Tata Sons Pvt. Ltd. - Key news
              • Exhibit 176: Tata Sons Pvt. Ltd. - Key offerings
              • Exhibit 177: Tata Sons Pvt. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: 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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              genetically modified seeds market market

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              • What are the key global market and the regional market share?
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              • 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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