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Asia-Pacific Transgenic Seeds Market By Trait (Insecticide Resistance, Herbicide Tolerance), By Crops (Corn, Soybean, Canola, Cotton), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: March, 2023
ID: 7921
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia-Pacific Trangenic Seeds Market Size, Growth, Trends and Forecast:

Asia-Pacific Transgenic Seeds Market has been estimated at USD 10.65 billion in 2021 and is projected to reach USD 17.44 billion by 2026, at a CAGR of 13.05% during the forecast period from 2022 - 2027. The Transgenic Seeds market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the rising demand for genetically modified seeds in feed industry across developing economies.

Transgenic Seeds, also known as genetically modified seeds, are the seeds used in agriculture which have been modified to suit better with the environment and enhance the productivity. They are used to introduce certain traits in crops which don’t occur naturally.

Asia-Pacific Trangenic Seeds Market Drivers:

There various factors influencing the growth of the transgenic seeds market. The factors driving the market growth include, increasing agricultural productivity, cost reduction and use of farm inputs, regulation limits on pesticide utilization, industrial preference of products of high quality. On the other hand, the market faces challenges as well like stringent rules and regulations, need for high support of R&D, chances of ecosystem disruption, resistant genes in pests.

Asia-Pacific Transgenic Seeds Market Segmentation:

Asia-Pacific Transgenic Seeds Market - By Crops:

  • Cotton

  • Corn
  • Canola

Asia-Pacific Transgenic Seeds Market - By Trait:

  • Insecticide Resistance
  • Herbicide Tolerance

Geographical Analysis:

On the basis of geography, the Asia-Pacific market is analysed under various regions namely

  • China
  • India
  • Australia
  • Japan
  • South Korea

Asia Pacific is a fairly developed market, competing with America region for the market share and is expected to at par with them in terms of growth as well.

Major Key Players:

The major companies dominating the market share include Syngenta AG, E.I. Du Pont De Nemours and Company, BASF SE, Vilmorin & Cie (Limagrain Group), Dow Chemical Company, Suntory Holdings Limited, Monsanto, J.R. Simplot Company, Bayer Cropscience AG, Bejo Zaden B.V.

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