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Middle East & Africa 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: 7924
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Transgenic Seeds Market Size, Growth, Trends and Forecast:

Middle East and Africa Transgenic Seeds market is estimated to reach USD 4.81 billion by 2026 from a market value of USD 2.91 billion in 2021 at a CAGR of 3.44%. The Transgenic Seeds market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the genetically modified crops gaining attention in the feed industry across the globe.

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.

Middle East and Africa Transgenic 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.

Middle East and Africa Transgenic Seeds Market Segmentation:

Middle East and Africa Transgenic Seeds Market - By Trait:

  • Insecticide Resistance
  • Herbicide Tolerance

Middle East and Africa Transgenic Seeds Market - By Crop:

  • Cotton
  • Soybean
  • Corn
  • Canola

Geographical Analysis:

On the basis of geography, the Middle East & Africa market is analysed under various regions namely Middle East and Africa. Middle East regions accounts for the smallest share in the market, and is expected to grow at a slow pace only.

Key Players:

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

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