Market Overview:
The global GM crops market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The market growth is attributed to the increasing demand for food and drink, agricultural, and other applications. North America dominates the global GM crops market with a share of more than 35%. Asia Pacific is projected to be the fastest-growing region during the forecast period.
Product Definition:
GM crops, also known as genetically modified crops, are plants that have been altered in a laboratory to change their genes. This can be done to make the plant resistant to pests or diseases, or to make it produce a higher yield. GM crops are important because they can help farmers produce more food while using fewer resources.
Soybean:
Soybean is a plant storage protein, which was first extracted and used in the food industry for human consumption. Soy has been one of the most important crops in terms of providing nutrition to humans on a daily basis. It contains all the eight essential amino acids, making it an ideal source for human consumption as well as animal feed. The high nutritional value of soybean makes it very popular among consumers across various age groups.
Corn:
Corn is one of the most important crops in the global food and agriculture industry. It is also known as maize, a staple food for millions of people across the globe. Corn has been an essential part of human diet since Neolithic times and its consumption continues to this day on account of its nutritional content including starch, fiber, vitamins (B6 & B12), minerals such as iron & calcium and low fat levels.
Application Insights:
Food and drink was the largest application segment in 2017. The use of GM crops for food and drinks is allowed in most countries across the world, with a few notable exceptions. In Europe, only rapeseed has approved usage for food production; however, it is permitted to be used as animal feed as well. Similarly, soybean can be consumed directly as meal or oil but cannot be used to make bread or other products due to its protein content being higher than that of conventional varieties.
The agricultural segment accounted for over 40% of global GM crop market revenue in 2017 owing to high adoption rate of herbicide-tolerant soybean and maize among others such as cotton and sugarcane among many others which have been developed through biotechnology tools such as gene editing tool (gene splicing) & genetic modification technique (DNA transformation).
Regional Analysis:
North America dominated the global GM crops market in terms of revenue with a share of over 50.0% in 2017. The region is expected to maintain its dominance over the forecast period as well owing to favorable regulatory policies and increasing adoption of biotech crops that provide enhanced productivity and improved crop quality.
The U.S., which was at the forefront, has adopted nearly allGM crops technologies available, despite strong opposition from environmental groups concerned about potential risks associated with these plantsafety issues including contamination of non-target species and adverse effects on human health & environment .
Asia Pacific is also projected to witness significant growth over the coming years due to rising demand for food security coupled with growing population especially in India & China, which are among top five agricultural nations globally; thus driving demand for improved crop yields through biotechnology techniques such as genetic modification (GM).
Growth Factors:
- Increasing demand for food due to population growth
- Rising income levels in developing countries
- Adoption of GM crops by farmers due to their advantages such as increased yield, resistance to pests and diseases, and tolerance to herbicides
- Technological advancements in the field of GM crops that help improve their quality and yield
- Government policies supportive of GM crops
Scope Of The Report
Report Attributes
Report Details
Report Title
GM Crops Market Research Report
By Type
Soybean, Corn, Cotton, Rapeseed, Other
By Application
Food and Drink, Agricultural, Other
By Companies
Corteva Agriscience, Bayer Cropscience, FMC Corporation, Monsanto, Syngenta, Limagrain, KWS Saat, Sakata, Takii, Anhui Huaxing Chemical Industry Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global GM Crops Market Report Segments:
The global GM Crops market is segmented on the basis of:
Types
Soybean, Corn, Cotton, Rapeseed, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Drink, Agricultural, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corteva Agriscience
- Bayer Cropscience
- FMC Corporation
- Monsanto
- Syngenta
- Limagrain
- KWS Saat
- Sakata
- Takii
- Anhui Huaxing Chemical Industry Company
Highlights of The GM Crops Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soybean
- Corn
- Cotton
- Rapeseed
- Other
- By Application:
- Food and Drink
- Agricultural
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the GM Crops Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Genetically modified crops are crops that have had their genetic makeup altered in a way that does not occur naturally. This can be done by adding genes from other organisms, such as bacteria or viruses, to the plant's DNA.
Some of the major companies in the gm crops market are Corteva Agriscience, Bayer Cropscience, FMC Corporation, Monsanto, Syngenta, Limagrain, KWS Saat, Sakata, Takii, Anhui Huaxing Chemical Industry Company.
The gm crops market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. GM Crops Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. GM Crops Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. GM Crops Market - Supply Chain
4.5. Global GM Crops Market Forecast
4.5.1. GM Crops Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. GM Crops Market Size (000 Units) and Y-o-Y Growth
4.5.3. GM Crops Market Absolute $ Opportunity
5. Global GM Crops Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. GM Crops Market Size and Volume Forecast by Type
5.3.1. Soybean
5.3.2. Corn
5.3.3. Cotton
5.3.4. Rapeseed
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global GM Crops Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. GM Crops Market Size and Volume Forecast by Application
6.3.1. Food and Drink
6.3.2. Agricultural
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global GM Crops Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. GM Crops Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global GM Crops Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. GM Crops Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global GM Crops Demand Share Forecast, 2019-2026
9. North America GM Crops Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America GM Crops Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America GM Crops Market Size and Volume Forecast by Application
9.4.1. Food and Drink
9.4.2. Agricultural
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America GM Crops Market Size and Volume Forecast by Type
9.7.1. Soybean
9.7.2. Corn
9.7.3. Cotton
9.7.4. Rapeseed
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America GM Crops Demand Share Forecast, 2019-2026
10. Latin America GM Crops Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America GM Crops Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America GM Crops Market Size and Volume Forecast by Application
10.4.1. Food and Drink
10.4.2. Agricultural
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America GM Crops Market Size and Volume Forecast by Type
10.7.1. Soybean
10.7.2. Corn
10.7.3. Cotton
10.7.4. Rapeseed
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America GM Crops Demand Share Forecast, 2019-2026
11. Europe GM Crops Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe GM Crops Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe GM Crops Market Size and Volume Forecast by Application
11.4.1. Food and Drink
11.4.2. Agricultural
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe GM Crops Market Size and Volume Forecast by Type
11.7.1. Soybean
11.7.2. Corn
11.7.3. Cotton
11.7.4. Rapeseed
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe GM Crops Demand Share, 2019-2026
12. Asia Pacific GM Crops Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific GM Crops Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific GM Crops Market Size and Volume Forecast by Application
12.4.1. Food and Drink
12.4.2. Agricultural
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific GM Crops Market Size and Volume Forecast by Type
12.7.1. Soybean
12.7.2. Corn
12.7.3. Cotton
12.7.4. Rapeseed
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific GM Crops Demand Share, 2019-2026
13. Middle East & Africa GM Crops Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa GM Crops Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa GM Crops Market Size and Volume Forecast by Application
13.4.1. Food and Drink
13.4.2. Agricultural
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa GM Crops Market Size and Volume Forecast by Type
13.7.1. Soybean
13.7.2. Corn
13.7.3. Cotton
13.7.4. Rapeseed
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa GM Crops Demand Share, 2019-2026
14. Competition Landscape
14.1. Global GM Crops Market: Market Share Analysis
14.2. GM Crops Distributors and Customers
14.3. GM Crops Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Corteva Agriscience
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bayer Cropscience
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FMC Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Monsanto
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Syngenta
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Limagrain
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KWS Saat
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sakata
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Takii
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Anhui Huaxing Chemical Industry Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
