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Global Transgenic Seeds Market Price 2025, Forecast To 2034

4 Mar, 2025

What Does the Historical and Current Transgenic Seeds Market Size Trend Indicate?

The transgenic seeds market has seen considerable growth due to a variety of factors.
•Recent years have seen a swift expansion in the size of the transgenic seeds market. Expected to surge from $49.86 billion in 2024 to $56.87 billion in 2025, the market's Compound Annual Growth Rate (CAGR) is projected at 14.1%.
The remarkable growth in the historical phase could be linked to factors such as a surge in construction work, heightened awareness of environmental issues, strict government laws, an uptick in outdoor events, and progress in turf management strategies.

How Will the Transgenic Seeds Market Size Evolve over the Forecast Period?

The transgenic seeds market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipations indicate a swift expansion in the transgenic seeds market size in the forthcoming years. By 2029, it's projected to amplify to "$93.11 billion with a compound annual growth rate (CAGR) of 13.1%.
The vital drivers of growth during the projected period are associated with the complications of climate change, the increasing pattern of sustainable landscaping, the development of sports facilities, the proliferation in leisure zones, and initiatives for urban greening. Significant trends over this forecast period encompass disease and stress management solutions, advancements in formulations, precision-based application technologies, durable turf types, organic turf maintenance, as well as educational and training initiatives.

What Factors Are Driving Growth In The Transgenic Seeds Market?

The anticipated growth of the transgenic seed market is largely attributed to the rise in agricultural productivity. Agricultural productivity, which involves assessing the market value of a crop yield from an agricultural production system that leverages resources such as land, labor, capital, and other elements, is key to this growth. Essential in farming, transgenic seeds enable the production of increased food quantities using minimal resources. As such, the utilization of transgenic seed technology aids in improving yield, minimizing agricultural land use and enhancing farmer profits, hence stimulating the transgenic seed market. For instance, as per Eurostat, a Luxembourg government agency, in November 2022, there was a 4.2 %, or 12.1 million metric tons rise in production of harvested grains, inclusive of rice, totalling to 297.5 million tons in 2021 across Europe when compared to 2020. In addition, the Food and Agriculture Organization, a US-based specialized agency, stated in December 2022 that a 2% increase was noticed in the global primary crop production, reaching 9.5 billion tons in 2021 from 2020. Therefore, it's evident that the escalating agricultural productivity fuels the expansion of the transgenic seed market.

What Are The Main Segments Of The Global Transgenic Seeds Market?

The transgenic seeds market covered in this report is segmented –
1) By Type: Farmland, Green House
2) By Trait: Herbicide Tolerance, Insect- Resistance, Other Traits
3) By Crop: Maize, Cotton, Rice, Soybean, Canola, Other Crops
4) By End -User: Insect Resistance, Herbicide Tolerance, Virus Resistance, Altered Oil Composition, Delayed Fruit Ripening, Male Sterility And Restorer System Subsegments:
1) By Farmland: Field Crops, Vegetable Crops, Fruit Crops
2) By Green House: Ornamental Plants, Vegetables, Herbs And Spices

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What Emerging Trends Are Influencing The Growth Of The Transgenic Seeds Market?

Prominent companies in the transgenic seeds market are prioritizing the creation of novel products like hybrid corn to improve crop output and enhance resistance against pests and diseases. Hybrid corn is a type of maize generated through the cross-breeding of two genetically diverse parent plants. This is often merged with transgenic technology, whereby specific genes are inserted to formulate seeds with heightened resistance to pests and herbicides. For instance, Origin Agritech, a biotechnology firm based in China, debuted a genetically altered corn hybrid in May 2023. This hybrid, characterized by the unique triple-stacked trait BFL4-2, was chosen for a national demonstration plot in China. It includes two insect resistance genes and one herbicide resistance gene, distinguishing it as the sole approved triple-stacked corn in the nation.

Who Are the Key Players in the Transgenic Seeds Market?

Major companies operating in the transgenic seeds market include:
• BASF SE
• DuPont de Nemours Inc.
• Syngenta AG
• Vilmorin And Cie SA
• Bayer AG
• The Monsanto Company
• Maharashtra Hybrid Seeds Company Private Limited
• JK Agri Genetics Ltd.
• Bejo Zaden B.V.
• Groupe Limagrain
• Kaveri Seed Company Ltd.
• Land O Lakes Inc.
• Calyxt Inc.
• REAL SEED
• SCC GmbH
• Longping High-Tech
• Dow Chemical Company
• Suntory Holdings Limited
• J.R. Simplot Company
• Beijing Dabeinong Technology Group Co. Ltd.
• Sakata Seed Corporation
• Takii & Co. Ltd.
• Enza Zaden B.V.
• KWS SAAT SE & Co. KGaA
• DLF Seeds A/S
• Advanta Limited
• Nufarm Limited
• Origin Agritech Limited
• China National Chemical Corporation
• Hefei Fengle Seed Co. Ltd.
• Anhui Huaxing Chemical Industry Co. Ltd.

What Is The Most Dominant Region In The Transgenic Seeds Market?

North America was the largest region in the transgenic seeds market in 2024. The regions covered in the transgenic seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa