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Report overview
Genetically modified crops (GM crops or biotech crops) are plants used in agriculture, the DNA of which has been modified using genetic engineering methods. In most cases, the aim is to introduce a new trait to the plant which does not occur naturally in the species. Examples in food crops include resistance to certain pests, diseases, environmental conditions, reduction of spoilage, resistance to chemical treatments (e.g. resistance to a herbicide), or improving the nutrient profile of the crop. Examples in non-food crops include production of pharmaceutical agents, biofuels, and other industrially useful goods, as well as for bioremediation.
This report contains market size and forecasts of Genetically Modified Crops in global, including the following market information:
Global Genetically Modified Crops Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Genetically Modified Crops Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Genetically Modified Crops companies in 2021 (%)
The global Genetically Modified Crops market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Corn Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Genetically Modified Crops include Monsanto, Dupont Pioneer, Syngenta, Dow, Bayer, Long Ping High-Tech and Shandong Denghai Seeds, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Genetically Modified Crops manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Genetically Modified Crops Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Genetically Modified Crops Market Segment Percentages, by Type, 2021 (%)
Global Genetically Modified Crops Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Genetically Modified Crops Market Segment Percentages, by Application, 2021 (%)
Global Genetically Modified Crops Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Genetically Modified Crops Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: