Genetic Modification Market Revenue was valued at USD 27.5 Billion in 2024 and is estimated to reach USD 46.2 Billion by 2033, growing at a CAGR of 6.3% from 2026 to 2033.
The global Genetic Modification Market was valued at approximately USD 28.7 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 14.5% during the forecast period from 2022 to 2030. North America held the largest share of the market, accounting for around USD 12.3 billion in 2022, driven by significant advancements in genetic research, strong regulatory frameworks, and high investment in biotechnology. Europe followed closely, with a market size of approximately USD 9.1 billion in 2022, supported by robust research infrastructure and favorable government initiatives promoting genetic modification technologies. The Asia Pacific region is anticipated to witness the highest CAGR of 16.2% during the forecast period, propelled by increasing research activities, growing agricultural biotechnology adoption, and rising demand for genetically modified crops.
Latin America and the Middle East & Africa collectively accounted for a market size of approximately USD 4.6 billion in 2022, with steady growth projected due to the gradual adoption of genetic modification technologies in agriculture and healthcare. The increasing focus on genetic modification for improving crop yield, disease resistance, and enhancing pharmaceutical applications continues to create lucrative opportunities across various regions. Moreover, countries such as India, China, and Brazil are expected to witness rapid growth owing to favorable government policies and rising investment in biotechnology research. Expanding applications of genetic modification in agriculture, pharmaceuticals, and industrial biotechnology present significant growth opportunities, particularly in emerging economies where technological adoption is accelerating.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=81611&utm_source=Pulse_G_April&utm_medium=212
Thermo Fisher Scientific
GenScript
Amgen
Merck
Transposagen Biopharmaceuticals
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. 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.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=81611&utm_source=Pulse_G_April&utm_medium=212
Growing demand for below applications around the world has had a direct impact on the growth of the Global Genetic Modification Market
Agriculture
Healthcare
Industrial
Food & Beverages
Environmental
Plants
Animals
Microorganisms
Gene Editing (CRISPR/Cas9)
Gene Cloning
Transgenic Technology
RNA Interference
Herbicide Tolerance
Insect Resistance
Disease Resistance
Improved Nutritional Content
Enhanced Shelf Life
Biotechnology Companies
Agricultural Producers
Pharmaceutical Companies
Research Institutes
Food Manufacturers
US (United States, US 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)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/global-genetic-modification-market-growth-status-and-outlook-2019-2024/
1. Introduction of the Global Genetic Modification 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 Genetic Modification Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Genetic Modification Market, By Type
6. Global Genetic Modification Market, By Application
7. Global Genetic Modification Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Genetic Modification Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/