New Product Launches and Approvals of Prominent Players Propelling the Global Transgenic Seeds Market Growth

Published: Apr 2022

The Global Transgenic Seeds market is anticipated to grow at a considerable CAGR of around 7.5% during the forecast period (2022-2028). Transgenic seeds or genetically modified seeds hold future technology promises with their advantages and benefits. Many companies such as Bayer AG, BASF SE, Syngenta among others, or manufacturers of these seeds are investing s to launch several transgenic seeds that are having various benefits and novel traits. ) For instance, in August 2021, Corteva Inc., launched a new genetically modified soybean seed Conkesta E3  in Brazil. The product gotapproval from the European Union Commission along with permission to crop produced by Conkesta E3 soybean seeds to be sold in European market for food and feed use.The new launched product will give farmers in Brazil a new soy seed technology alternatives for crop production. 

Browse the full report description of “Global Transgenic Seeds Market Size, Share & Trends Analysis Report by Traits (Herbicide Tolerance, Insect- Resistance, and Others), By Crops (Maize, Cotton, Rice, Soybean, Canola, and Others), Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/transgenic-seeds-market

Similary in February 2019, DowDuPont Inc won the final international regulatory approval for a global launch of a new line of genetically engineered soybean seeds Enlist E3. The approval allowed company to sell the soybeans to farmers for planting in spring season with taking additional care. Considering this product launches and approvals, considerable growth can be expected during the forecast period. 

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Traits

o By Crops

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

1.1. Competitive Landscape- BASF SE, Bayer AG, J. R. Simplot Co., JK Agri Genetics Ltd., Syngenta Group Vikima Seed A/S,  VILMORIN & CIE, Sakata Seed America, United Genetics India Pvt. Ltd. and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Transgenic Seeds Market Report Segment

By Trait

  • Herbicide Tolerance
  • Insect- Resistance
  • Others

By Crops

  • Maize
  • Cotton 
  • Rice
  • Soybean
  • Canola
  • Others  

Global Transgenic Seeds Market Report by Region

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

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