Asia-Pacific Transgenic Seeds Market

Asia-Pacific Trangenic Seeds Market Size (2024 to 2029)

The Asia-Pacific transgenic seeds market size is expected to reach USD 15.39 billion in 2024 and reach USD 28.41 billion by 2029, growing at a CAGR of 13.05% during the forecast period from 2024 to 2029. 

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 the feed industry across developing economies.

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

There are 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, and industrial preference for products of high quality. On the other hand, the market faces challenges as well, like stringent rules and regulations, the need for high support of R&D, chances of ecosystem disruption, and resistant genes in pests.

This research report on the Asia-Pacific transgenic seeds market is segmented and sub-segmented into the following categories.

Asia-Pacific Transgenic Seeds Market Analysis By Crops

• Cotton
• Corn
• Canola

Asia-Pacific Transgenic Seeds Market Analysis By Trait

• Insecticide Resistance
• Herbicide Tolerance

COUNTRY ANALYSIS

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

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.

KEY PLAYERS IN THE ASIA-PACIFIC TRANSGENIC SEEDS MARKET

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.