Report ID: SQMIG30H2077
Report ID:
SQMIG30H2077 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
35 |
Figures:
76
Genetically Modified Seeds Market size was valued at USD 25.99 Billion in 2023 and is poised to grow from USD 27.37 Billion in 2024 to USD 41.36 Billion by 2032, growing at a CAGR of 5.30% during the forecast period (2025-2032).
Genetically modified seeds are created in a laboratory using genes from other plants to change their characteristics. These seeds can be more resistant to drought or resistant to weed growth. Fertilizing the crops can help them produce more crops.
Genetic alteration is an important tool used in agricultural techniques, most notably the creation of genetically modified seeds and crops. GMO seeds have many benefits over conventional seeds, including higher yields on the same or less land, reduced crop damage from weeds, diseases, and insects, and the potential for improved nutritional value or other health benefits. The genetically modified seed market is expected to grow significantly over the next several years due to increasing adoption of biofuels made up of genetically modified energy crops, such as wheat, soybean, sugarcane, and corn.
This growth is likely to be driven by growing concerns about the environmental and social impacts of traditional farming practices. The governments of countries in the developing world, as well as Africa, are encouraging farmers to use genetically modified seeds over conventional ones in order to increase crop yields and drive growth in the global genetically modified seed market.
US Genetically Modified Seeds Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG30H2077