Global Genetically Modified Seeds Market to grow at a CAGR of 9.83% during Forecast 2016-2020

Albany, NY, Jan 03: Genetic modification (GM), also called genetic engineering (GE), is a technology where new traits are introduced into an organism by directly manipulating its genetic makeup. For instance, Deoxyribonucleic acid (DNA), is introduced or manipulated through intervention at the molecular level using biotechnology. In the process of this technology, scientists manipulate the characteristics of plants and animals by introducing DNA fragments, whole genes, or long stretches of DNA segments from different organisms. Scientists can also remove or exchange sequences of DNA in organisms or introduce genetic material to silent genes. GM seeds have a larger shelf life and pest resistance as compared to the conventional or non-GM seeds.

The global genetically modified (GM) seeds market to grow at a CAGR of 9.83% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global genetically modified (GM) seeds market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of corn seeds, soybean seeds, cotton seeds, canola seeds, and other seeds (sugar beets, wheat, tomato, papaya, and alfalfa) to the agricultural farmers of GM crops in the market.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

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Technavio's report, Global Genetically Modified (GM) Seeds Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Bayer CropScience
- DowDuPont
- Groupe Limagrain
- Monsanto
- Syngenta

Other prominent vendors
- BASF
- DLF Seeds and Science
- Kleinwanzlebener Saatzuch SAAT SE
- Land O'Lakes
- Sakata Seed
- Takii Seed

Market driver
- Premium pricing of non-GM food products
- For a full, detailed list, view our report

Market challenge
- Increase in demand for organic food products
- For a full, detailed list, view our report

Market trend
- Rising strategic alliances in GM seeds market
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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