Global
GMO Crops and Seeds Market: Overview
Genetically
modified (GMO) crops and seeds offer a host of advantages of which
advantages of increased agricultural productivity and reduced need of
environmentally harmful pesticides are prominent ones. The reduced
availability of arable land is leading to the use of GMO crops and
seeds to speed up crop production.
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GMO
seeds offer premium characteristics to increase agricultural output,
enable longer shelf life, and offer greater resistance to insects.
Manufacturers of GMO crops and seeds are developing new GM crops that
not only offer resistance to pests and diseases, but also offer
increased tolerance to herbicides such as vitamin A-fortified rice
and wheat, pesticides such as cowpea and beans, and drought tolerant
biofortified bananas and maize.
GMO
crops and seeds are not proven to be harmful to humans, but research
suggests that modified crops may negatively impact food chains and
the environment. These factors have led to a mixed response among
farmers about the adoption of GMO crops and seeds.
GMO
crops may pose health hazards that range from toxicity to increased
risk of allergies, however, regulations in place to ensure adequate
safety of GM technologies go too far.
Global
GMO Crops and Seeds Market: Market Segmentation
In
this report, the global
GMO crops and seeds market is studied on the basis of crop
type, trait, sales channel, and geography. On the basis of crop type,
the global GMO crops and seeds market is classified into corn,
soyabean, cotton, alfalfa, sugar beets, zucchini, papaya, potato,
apple and others. Corn represents the leading crop type segment in
the global GMO crops and seeds market. This is because large volume
of corn produced in developed countries is genetically modified,
which is further engineered to produce a soil bacterium which is an
effective insecticide.
In
terms of trait, the segments of the global GMO crops and seeds market
are herbicide tolerance, insect tolerance, and other traits. On the
basis of sales channel, direct sales, modern trade, e-retailers, and
other retail outlets are the segments that divide the global GMO
crops and seeds market in this report.
The
report divides the global GMO crops and seeds market into the regions
of North America, Europe, Latin America, Asia Pacific except Japan,
Japan, and the Middle East and Africa.
On
the basis of geography, North America tops among other regional
markets for GMO crops and seeds vis-à-vis revenue. The regional
market of North America is expected to expand at a significant growth
rate over the 2017- 2022 forecast period and continue to remain the
most attractive regional market.
However,
Europe is expected to surpass in terms of growth rate for the
forecast period between 2017 and 2022.
Global
GMO Crops and Seeds Market: Competitive Analysis
The
report profiles leading players for GMO crops and seeds for their
distinguishing business attributes and provides market share analysis
of key players partaking in the global GMO crops and seeds market.
Some of the leading players in the global GMO crops and seeds market
are BASF SE, DOW Agrosciences LLC, KWS SAAT SE, Monsanto Co.,
Syngenta AG, E.l. du Poant de Nemours & Co, Bejo Zaden BV, DLF
Seeds and Science, Bayer Crop Science India Ltd, Groupe Limagrain,
Land O’ Lakes Inc., Sakata Seed Corp, Takii Sedds, Agreliant
Genetics LLC, and Canterra Seeds Holdings Ltd.
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