(EMAILWIRE.COM, September 12, 2018 ) Market Segmentation

The Global market for Transgenic Seeds is segmented based on

The trait
The crops.
The market segmentation based on the trait is done

under insecticide resistance
The herbicide tolerance.
On the basis of crops, the market is segmented into

corn
soybean
canola
Based on the geography, the global market is analysed under various regions namely

North America
Europe
Asia-Pacific and Rest of the World.
America regions were followed by the Asia Pacific. America region,as well as Asia-Pacific is predicted to grow at a rapid pace while Europe market is expected to be stagnant in the coming few years.

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The Transgenic Seeds market was dominated by North and Latin America, with the overall combined market share market share of over 70% globally.

 
Market Overview:

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. Transgenic Seeds Market was worth USD 28.27 million in 2018 and estimated to be growing at a CAGR of 12.1%, to reach USD 50.04 million by 2023. The Transgenic Seeds market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the GM crops gaining interest in feed industries around developing economies.

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Factors affecting market growth:

The increasing agricultural productivity (+)
The cost reduction and use of farm inputs (+)
The regulation limits on pesticide utilization (+)
The industrial preference of products of high quality. (-)
The market faces challenges as well as like stringent rules and regulations (-)
The need for high support of R&D, chances of ecosystem disruption, resistant genes in pests. (-)
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The Need for high support of R&D, chances of ecosystem disruption, resistant genes in pests are the major factors driving the market.
 
 Key players:

Most important industries contributing to the global transgenicseeds market are, by their products and services include Bayer Cropscience AG, Syngenta AG, Dow Chemical Company, E.I. Du Pont De Nemours and Company, Monsanto, BASF SE, Vilmorin & Cie (Limagrain Group), Suntory Holdings Limited, J.R. Simplot Company, Bejo Zaden B.V.

Contact Info:                                                                                               
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film    Nagar, Hyderabad, Telangana 500033, India.

Phone: +1-888-702-9626

Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us


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