[192 Pages Report] The GMO Crops & Seeds Market size was estimated at USD 53.26 billion in 2023 and expected to reach USD 56.02 billion in 2024, at a CAGR 5.35% to reach USD 76.71 billion by 2030.

The GMO (Genetically Modified Organisms) crops & seeds Market comprises the sale of crops and seeds that have been genetically engineered to exhibit certain desired traits such as pest resistance, herbicide tolerance, enhanced nutritional content, and improved shelf-life. The demand for increased agricultural productivity and efficiency due to a growing global population drives market expansion. The advancements in biotechnology leading to more robust and beneficial traits in crops is driving the innovations in the Market. Governmental policy changes and approvals for GMO crop cultivation also boost the demand for GMO crops and seeds. However, Stringent regulatory frameworks and lengthy approval processes in many countries are limiting the market growth. Rising concerns from environmental and organic farming communities also challenge the adoption of GMO crops and seeds. Moreover, the development and commercialization of new GMO varieties with enhanced nutritional profiles catering to health-conscious consumers is creating potential opportunities for market growth. Technological advancements in gene editing tools such as CRISPR-Cas9 facilitating precision breeding are also anticipated to attract market growth opportunities.

Product: Increasing demand for Insect-tolerant (IT) Crops to eliminate need for insecticides

Herbicide-tolerant (HT) crops are genetically modified to withstand specific herbicides that would otherwise destroy the crop along with the weed. The primary need for herbicide tolerance in crops arises from the pressure to manage weeds effectively, which compete with crops for nutrients, sunlight, and space, leading to reduced crop yields. Herbicide-tolerant crops enable farmers to apply herbicides post-emergence, killing weeds without harming the crop. Insect-tolerant (IT) crops contain genes that provide resistance against specific pests, eliminating the need for certain insecticides. Insect-tolerant technology for GMO crops is preferred for farmers who face significant crop losses due to insect predation.

End User: Rising preference for e-commerce purchase due to ease of convenience

Direct sales involve transactions between GMO seed manufacturers and farmers or agricultural organizations without intermediaries. The direct sales model facilitates a closer relationship between producers and consumers, offering personalized services, technical support, and tailored solutions. The rise of e-commerce has revolutionized the distribution of GMO crops and seeds, with e-retailers providing a platform for a broad range of products accessible with a click. E-commerce addresses the need for convenience, competitive pricing, and a wider selection for customers comfortable with online purchases. Modern trade refers to selling seeds via contemporary retail formats such as hypermarkets, supermarkets, and specialty stores. Modern trade is designed for consumers who value the shopping experience, the ability to physically inspect products, and immediate purchase without shipping delays.

Regional Insights

The Americas, primarily led by the United States, have a robust market for GMO crops and seeds due to high adoption rates, favorable regulatory environments, advanced agricultural technologies, and a significant presence of biotech giants. Consumers in the Americas region demonstrate mixed purchasing behavior, with certain segments actively seeking non-GMO alternatives. The Asia Pacific region presents a varied landscape for GMO crops and seeds largely due to diverse regulations, cultural norms, and levels of consumer acceptance. China and India have ramped up their GMO research efforts, focusing on food security and reducing reliance on GMO imports from other countries. European countries generally maintain a cautious approach to GMO crops, favoring strict labeling requirements and environmental concerns. In the EMEA Region, consumer needs often revolve around organic and non-GMO products,which affects GMO seed manufacturers and suppliers in this market. In the Middle East countries, as water scarcity and arid climates prevail, there is a growing interest in developing GMO crops that are drought-tolerant and salt-resistant.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the GMO Crops & Seeds Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the GMO Crops & Seeds Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the GMO Crops & Seeds Market, highlighting leading vendors and their innovative profiles. These include AgReliant Genetics, LLC, BASF SE, Bayer AG, Canterra Seeds Holdings Ltd., Corteva, Inc., DLF Seeds A/S, Dow Inc., Groupe Limagrain Holding, Hudson River Biotechnology, JK Agri Genetics Ltd., KWS SAAT SE & Co. KGaA, Land O’Lakes, Inc., Mahyco Private Limited, Nuseed Global, Nutrien Ag Solutions, Inc., Pairwise, Phylos Bioscience, Inc., Phytoform Labs, S&W Seed Company, Sakata Seed Corporation, Stine Seed Farm, Inc., Syngenta Group, Takii & Co., Ltd., Tropic Biosciences Ltd., and UPL Limited.

Market Segmentation & Coverage

This research report categorizes the GMO Crops & Seeds Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Herbicide Tolerance
    • Insect Tolerance
  • Seed
    • Crops
      • Canola
      • Corn
      • Cotton
      • Soya Bean
      • Sugar Beet
    • Fruits
    • Vegetables
  • End User
    • Direct Sales
    • E-Retailers
    • Modern Trade

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the GMO Crops & Seeds Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the GMO Crops & Seeds Market?
  3. What are the technology trends and regulatory frameworks in the GMO Crops & Seeds Market?
  4. What is the market share of the leading vendors in the GMO Crops & Seeds Market?
  5. Which modes and strategic moves are suitable for entering the GMO Crops & Seeds Market?