1. Market Research
  2. > Biotechnology
  3. > Agricultural Biotechnology Market Trends
Global Genetically Modified Seeds Market Analysis & Trends - Industry Forecast to 2028

Global Genetically Modified Seeds Market Analysis & Trends - Industry Forecast to 2028

  • July 2021
  • 194 pages
  • ID: 5476969
  • Format: PDF
  • Accuray Research LLP


Table of Contents

Genetically Modified Seeds: Market Size

From $22.25 billion in 2020, the global Genetically Modified Seeds market is projected to reach $39.10 billion by 2028. Based on our analysis the market is expected to grow at a CAGR of 7.3% from 2020 - 2028 timeframe.

Some of the prominent trends that the market is witnessing include increasing demand for crop production, the rise in the adoption of biofuels, and rising overseas demand for grains.

Global Genetically Modified Seeds Market: Market Dynamics

The global genetically modified seed market is predicted to register vital growth over the forecast period owing to the rise in adoption of biofuels, made up of genetically modified energy crops such as soybean, sugarcane, wheat, and corn which drives the growth of the global genetically modified seeds market. The governments of different countries from developing countries are also encouraging farmers to use genetically modified seeds over conventional seeds to increase the yield of the crop which also drives the growth of the global genetically modified seed market.

Modern plant biotechnology applications help in including the desired beneficial traits such as herbicide tolerance, insect resistance, and high yield & improved quality in the large scale commercially cultivated crops. Crops with such traits have helped farmers in bringing down the burden of weeds and insect pests with limited cost and effort. The benefits of cultivating genetically modified crops have aided in motivating farmers to opt for them in place of farm-saved or other conventional seeds in crop cultivation.

On the other hand, advent of new technologies such as vertical farming are likely to obstruct the profit boundaries. In addition, growing food security concerns will further boost the genetically modified seeds market.

Impact of COVID-19 on Genetically Modified Seeds

The outbreak of COVID-19 and the measures taken to control the pandemic are having a crippling effect on the agriculture sector across the globe. During times of crisis such as the COVID-19 pandemic, genetically modified seeds delivery is among the necessary services that must continue to operate to support the current and subsequent production cycles. On the other hand, issues associated with the transportation of genetically modified seeds either domestically or internationally owing to the reduced number of flights, low number of drivers, and slow process of the necessary documentation because of the lower number of staff is creating specific problems for the seed sector. COVID-19 impact on the agriculture and agri-allied sectors remains latent, especially with the inability of small farmers to move their products from their farms to markets, both semi-urban and urban, and to source agricultural quality inputs in some regions across the globe. Immediate actions are essential to facilitate farmers’ access to seeds and other agricultural inputs; the disruptions caused by COVID-19 may lead to a decrease in agricultural production and acreages owing to the unavailability of the required quality and quantity of seeds to plant across the world.

By Trait

Herbicide Tolerance Segment Dominate the Market in 2020

The herbicide tolerance segment made huge revenue in 2020 and growing its prominence during the forecast period due to various benefits such as reduction in the number of herbicides used and the associated environmental impact as compared to conventional crop production methods. Herbicide tolerance in genetically modified crops protects against weeds and enhances the crop yield.

By Geography

Asia Pacific Region is Leading in the Global Market Place

The Asia Pacific is likely to have a huge demand in the forecast period. Biotechnology in the agricultural field is exhibiting strong growth in emerging countries such as India and China, to provide enhanced crop yield against fluctuating environmental conditions such as drought and salinity.

List of the Key Players Profiled in the Market Include:

• Bayer CropScience
• Calyxt Inc.
• DowDuPont
• JK Agri Genetics Ltd.
• Maharashtra Hybrid Seed Company (MAHYCO)
• Nuseed Pty Ltd
• R. Simplot Co.
• Stine Seed Farm, Inc
• Syngenta
• Bayer AG
• Monsanto Company Inc.
• Land O’Lakes
• Sakata Seed
• Takii Seed
• DLF Seeds and Science
• Kleinwanzlebener Saatzuch SAAT SE
• Groupe Limagrain

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected]ker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Agricultural Biotechnology For Transgenic Crops Market Research Report by Type, by Crop Type, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 3949
  • January 2022
  • 211 pages

Agricultural Biotechnology For Transgenic Crops Market Research Report by Type (Cisgenic, Multiple Trait Integration, and Subgenic), by Crop Type (Cereals & Grains, Flowers, and Fruits & Vegetables), by ...

  • World
  • Agricultural Biotechnology
  • GM Crop
  • Industry analysis


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on