Latest News- Genetically Modified (Gm) Seeds Market: Corn is expected to lead the Product segment during 2025-2029

The Genetically Modified (Gm) Seeds Market is being driven by Rising adoption of GM seeds in biofuels

The Genetically Modified (Gm) Seeds Market is expected to grow at a CAGR of 10.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 26899.9 million. In the dynamic agricultural landscape, the fusion of digital agriculture and data analytics is propelling the global genetically modified (GM) seeds market forward. This technological integration revolutionizes farming practices by harnessing advanced technologies like satellite imaging, drones, sensors, and precision farming equipment. These tools collect voluminous data on soil health, weather patterns, crop growth, and pest infestations. Subsequently, data analytics algorithms process this information to generate valuable insights, enhancing farmers' decision-making capabilities. In the realm of GM seeds, digital agriculture streamlines management and monitoring, ensuring optimal growth and yield throughout the crop lifecycle. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Corn
  • Soybean
  • Cotton
  • Canola
  • Others
• Type
  • Herbicide tolerance
  • Insect tolerance
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • France
  • South America
    • Brazil
    • Argentina
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising adoption of GM seeds in biofuels
• High demand for crop production
• Growing need for pest and disease resistance

However, the market also witnesses some limitations, which are as follows:

• Emergence of new technologies pose threat over traditional technologies used in GM seeds
• Increase in demand for organic food products
• Concerns related to food security for growing population

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Market Scope in Genetically Modified (Gm) Seeds Market Research Report

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Research Analysis Overview

The Genetically Modified (GM) Seeds market encompasses various seed types, including Hybrid Seeds, Conventional Seeds, and Open-Pollinated Seeds. Seed Banks preserve seed varieties for future use. Trait Stacking in GM Seeds involves combining multiple desirable traits, such as drought tolerance, salinity tolerance, water use efficiency, nitrogen fixation, nutrient utilization, and climate resilience. Bioengineered and Genetically Engineered Crops are created using genetic modification techniques. Organic certification and sustainable farming practices are essential considerations in the GM Seeds market. Climate change mitigation and the development of climate-resilient crops are key focus areas. Vitamin A deficiency alleviation through Golden Rice is a significant application. Biofuel and fiber crops are also part of the market. Plant Genomics, Molecular Markers, High-Throughput Screening, Field Phenotyping, Remote Sensing, Satellite Imagery, Big Data, AI, Machine Learning, Precision Farming, Smart Agriculture, Digital Agriculture, Farm Management Software, Yield Monitoring, Crop Modeling, Risk Assessment, and Environmental Impact Assessment are crucial technologies driving product development in the GM Seeds market. Consumer trends and preferences also influence market trends.

Market Research Overview

In the agricultural sector, the Genetically Modified (GM) seeds market is a significant segment of the agricultural biotechnology industry. This sector encompasses transgenic seeds, which offer enhanced traits such as herbicide tolerance, insect resistance, and yield enhancement. Pre-production processes in this market involve strategic plant breeding and land preparation to cultivate GM seeds. Crop selection is critical, considering the genetic modifications required to produce seeds with desirable traits. Land preparation includes soil testing and optimization to ensure optimal growth conditions for the GM seeds. This stage sets the foundation for the successful production of high-yielding, resilient crops.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/