GM Crops Market was valued at USD 34.44 Billion in 2022 and is projected to reach USD 55.59 Billion by 2030, growing at a CAGR of 6.21% from 2024 to 2030.
he global genetically modified (GM) crops market has experienced significant growth from 2018 to 2022, driven by technological advancements and increasing demand for high-yielding, resilient crops.n 2023, the market was valued at approximately USD 22.32 billion, with projections indicating a rise to USD 23.6 billion in 2024, reflecting a compound annual growth rate (CAGR) of 5.7%.citeturn0search5ooking ahead, the GM crops market is expected to continue its upward trajectory, reaching an estimated USD 35.56 billion by 2031, with a CAGR of 5.3% from 2024 to 2031.citeturn0search2 his growth is attributed to factors such as the rising global population, which is anticipated to exceed 9 billion by 2050, thereby increasing the demand for food and necessitating higher agricultural productivity.citeturn0search2dvancements in genetic engineering technologies, including CRISPR-Cas9 and RNA interference, are expected to drive innovation in the development of GM crops with enhanced nutritional profiles and improved resilience to environmental stressors.hese technological advancements are anticipated to contribute to the market's expansion during the forecast period.citeturn0search3egionally, North America is projected to maintain its dominance in the GM crops market, primarily due to early adoption of genetic modification technologies, a supportive regulatory environment, and significant investment in research and development.he Asia-Pacific region is anticipated to experience substantial growth during the forecast period, driven by the need to enhance food security and agricultural productivity in rapidly developing economies such as China and India.citeturn0search3
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Corteva Agriscience
Bayer Cropscience
FMC Corporation
Monsanto
Syngenta
Limagrain
KWS Saat
Sakata
Takii
Anhui Huaxing Chemical Industry Company
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global GM Crops Market
Food and Drink
Agricultural
Other
Based on Types the Market is categorized into Below types that held the largest GM Crops market share In 2023.
Soybean
Corn
Cotton
Rapeseed
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global GM Crops Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global GM Crops Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global GM Crops Market, By Type
6. Global GM Crops Market, By Application
7. Global GM Crops Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global GM Crops Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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