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Published bySakshi Bhargava Modified over 6 years ago
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Global Genetically Modified Seed Market 2017- 2022: Trends, Forecast, and Opportunity Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by Crop Type Corn, soybean, cotton, canola, and others Market Segments by Trait Type Herbicide tolerance, insect resistance, and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies NameMonsanto, DuPont, Syngenta, Dow, and Bayer Trend Growth Rate and CAGR9.8% Key Industry Forecast The global genetically modified seed market is expected to reach an estimated $43.57 billion by 2022 and is forecast to grow at a CAGR of 9.8% from 2017 to 2022 Key Industry Driver Driver: Increasing global population and food requirements, rising demand for animal feed, and rising adoption of bio-fuels and oleo-chemicals. 2
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Industry Overview Market Size The global genetically modified seed market is expected to reach an estimated $43.57 billion by 2022 and is forecast to grow at a CAGR of 9.8% from 2017 to 2022 Emerging trends, which have a direct impact on the dynamics of the genetically modified seed industry, include the increasing adoption of biotech drought-tolerant crops and growing demand for high yield crops. Market Size (2022)$43.57 billion CAGR (2017-22)9.8% 3 Industry Performance : Forecast
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