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, 2029”, the Global Transgenic Seeds Market stood at USD 22.25 billion in 2023 and is anticipated to grow with a CAGR of 5.28% in the forecast period, 2025-2029. The awareness among individuals regarding Transgenic Seeds has led to favorable market conditions for the global Transgenic Seeds market. Several factors contribute to the growth of various Transgenic Seeds products. Transgenic seeds have been developed to enhance agricultural productivity. They are engineered to resist pests and diseases, tolerate adverse environmental conditions, and increase crop yields.
This enhanced productivity is especially crucial as the global population continues to grow, and there is a need to produce more food with limited arable land. Crops like GM soybeans, corn, and cotton have been widely adopted due to their resistance to pests and herbicides, leading to increased yields and economic benefits for farmers.
The development of crops with resistance to pests and diseases. For example, Bt (Bacillus thuringiensis) cotton and corn have been genetically modified to produce a protein toxic to specific insect pests, reducing the need for chemical pesticides. This not only helps in reducing production costs for farmers but also reduces the environmental impact of pesticide use. Similarly, disease-resistant transgenic crops can help safeguard crop yields and food security, which will further fuel market growth.
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In October 2023 – Syngenta AG announces a partnership with the Potato Sustainability Alliance to enhance on-farm sustainability reporting for potato growers. The partnership will help potato growers to track and measure their sustainability performance, and to identify areas where they can improve.
Herbicide-tolerant transgenic crops have been widely adopted by farmers. These crops, such as glyphosate-resistant soybeans and maize, can withstand specific herbicides, allowing farmers to use broad-spectrum herbicides for weed control without damaging the crop. This simplifies weed management and reduces labor costs. However, it has also raised concerns about the potential development of herbicide-resistant weeds and the environmental impact of increased herbicide use.
In today’s fast-paced world, Transgenic seeds are engineered to carry traits that enhance crop productivity. They exhibit higher yields, grow faster, and are more resistant to pests, diseases, and environmental stresses. In a world where the demand for food is constantly rising due to population growth, transgenic seeds play a vital role in ensuring that agricultural systems can keep pace with these demands. Some genetically modified crops have shorter growth cycles, allowing for quicker harvests. For example, Bt cotton and insect-resistant maize have faster growth and reduced crop loss due to pests.
This acceleration in crop growth helps meet the needs of a rapidly growing global population. Transgenic seeds are designed to be resource-efficient. They require less water and fewer chemical inputs, such as pesticides and herbicides, compared to conventional crops. This efficiency is critical in a world where resources like water and arable land are becoming scarcer, and where we need to produce more with less. Transgenic seeds help enhance food security by reducing crop losses due to pests, diseases, and environmental stressors. This is crucial in a fast-paced world where disruptions in the food supply chain can have far-reaching consequences.
There is a growing need for crops that can tolerate environmental stress factors like drought, salinity, and temperature fluctuations. Transgenic seeds have been developed to improve the resilience of crops under adverse conditions. For instance, drought-resistant GM crops can help maintain yields in water-scarce regions, contributing to food security and sustainable agriculture. In recent times, Transgenic seeds have been instrumental in increasing agricultural productivity. They carry genetic traits that make crops more resistant to pests, diseases, and environmental stressors. This results in higher crop yields, helping to meet the growing global demand for food. Transgenic seeds have traits that provide resistance to specific pests and diseases.
For instance, Bt (Bacillus thuringiensis) crops produce a protein toxic to certain insect pests, reducing the need for chemical insecticides. This leads to healthier crops with reduced crop losses. Genetic modifications have allowed the development of crops that can withstand harsh environmental conditions such as drought, heat, and salinity. This is particularly valuable in times of climate change, where extreme weather events are more frequent. However, the Stringent Approval Processes may hinder market growth. Moreover, challenges related to Environmental and Ecological Concerns and Labeling and Transparency may pose obstacles to the Transgenic Seeds market in the near future.
The Global Transgenic Seeds Market is segmented into trait, crop type, regional distribution, and company.
Based on its trait, the Herbicide tolerance (HT) segment has emerged as the predominant market leader, Herbicide-tolerant transgenic seeds simplify weed management for farmers. Weeds are a persistent problem in agriculture, competing with crops for nutrients, water, and sunlight. The HT trait enables farmers to use specific herbicides that target and eliminate weeds while leaving the crop unharmed. This targeted approach reduces the labor and time required for manual weeding, making it an attractive choice for farmers. Herbicide tolerance contributes to higher crop yields. With effective weed control, transgenic crops can grow with reduced competition from weeds. As a result, they develop more robustly and produce larger harvests.
Improved yields are a significant incentive for farmers to adopt herbicide-tolerant transgenic seeds. Herbicide-tolerant crops conserve water by eliminating the need for extensive weed control that typically requires extra irrigation. This is especially valuable in regions with water scarcity. While herbicides are used, the targeted application of herbicides is more efficient and requires fewer chemicals than broad-spectrum pesticide applications. This reduction in pesticide usage has environmental and economic benefits. Farmers adopting herbicide-tolerant transgenic seeds often experience cost savings. These savings come from reduced labor costs for manual weeding, fewer herbicide purchases, and increased productivity.
Based on region, North America segment is expected to grow during the forecast period. North America, particularly the United States, was one of the earliest regions to adopt and develop genetically modified (GM) crops. The introduction of transgenic seeds, such as herbicide-tolerant soybeans and insect-resistant maize (corn), marked a turning point in agriculture. This early adoption allowed North American farmers to benefit from improved crop traits and higher yields. North America cultivates a diverse range of transgenic crops, including maize, soybeans, cotton, and canola, among others. Genetically modified crops provides options for farmers to address specific agricultural challenges, leading to a significant market share in the global transgenic seeds market.
The Asia-Pacific market is poised to be the fastest-growing market, offering lucrative growth opportunities for Transgenic Seeds Market players during the forecast period. Factors such as the Asia-Pacific region is home to a rapidly growing population. As the demand for food increases, there is a need for technologies that enhance agricultural productivity. Transgenic seeds can address food security challenges in the region. The Asia-Pacific region encompasses a wide range of agroclimatic conditions, from tropical to temperate. Transgenic seeds engineered for pest resistance, herbicide tolerance, and environmental stress tolerance can adapt to and thrive in diverse environments, making them appealing to farmers in this region.
Major companies operating in Global Transgenic Seeds Market are:
- Monsanto Co
- E.I du Pont de Nemours & Company
- Syngenta AG
- Vilmorin & Cie SA
- Bayer CropScience AG
- BASF SE
- Dow Agroscience LLC
- Suntory Holdings Ltd
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“The environmental stress tolerance and increasing agricultural productivity are key drivers of the Transgenic Seeds market. In recent years, the growing Herbicide-tolerant transgenic seeds simplifies weed management. Farmers can use specific herbicides to control weeds without harming the crop. This targeted approach leads to reduced labor costs and resource efficiency. Moreover, the growing consumer emphasis on preventative healthcare products has enhanced production and marketing efforts.
To meet the demands of the market, manufacturers are increasingly incorporating cutting-edge technologies with high production efficiency. Rising consumer acceptance and continuous product innovation will further ensure the growth of the Transgenic Seeds market in the coming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Transgenic Seeds Market – Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029 Segmented By Trait (Herbicide Tolerance, Insect-resistance, Others), By Crop Type (Corn, Soya, Cotton, Canola, Others), By Region, Competition”, 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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