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TwitterThe United States had the largest area of genetically modified crops worldwide in 2023, at **** million hectares, followed by Brazil with a little over **** million hectares. Genetically Modified Crop Market In terms of acreage, the most commonly genetically modified crops are soybeans, corn, cotton, and canola as of 2019. In that year, **** percent of all the cotton grown worldwide was genetically modified. The same was true for **** percent of all soybean plants. Because genetic modifications are proprietary, the market for genetically modified seeds and pesticides is heavily concentrated between a few major companies. Monsanto, the biggest player in the genetically modified crop market based on revenue. Consumer Views on Genetically Modified Food Genetically modified foods are very common in the United States. Genetically modified organisms are a controversial topic in the United States, with ** percent of U.S. consumers believing that genetically modified food is less healthy than non-genetically modified food. The overwhelming majority of U.S. consumers believe that products containing GMOs should be labeled as such.
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Genetically Modified Crops Market size is growing with a CAGR of 5.5% in the prediction period and it crosses USD 38.09 Bn by 2032 from USD 26.17 Bn in 2025.
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Global Genetically Modified Crops Market was valued at USD 24.23 Billion in 2024 and is expected to reach USD 28.60 Billion by 2030 with a CAGR of 5.76% during the forecast period.
| Pages | 185 |
| Market Size | 2024: USD 24.23 Billion |
| Forecast Market Size | 2030: USD 28.60 Billion |
| CAGR | 2025-2030: 5.76% |
| Fastest Growing Segment | Scientific Research |
| Largest Market | North America |
| Key Players | 1. BASF SE 2. Mosanto Company 3. Bayer CropScience LLC 4. Syngenta AG 5. The Dow Chemical Company 6. DuPont de Nemours, Inc. 7. Groupe Limagrain Holdings Corporation 8. JR Simplot Co. 9. JKAgri Genetics Ltd. 10. Maharashtra Hybrid Seed Company Private Limited |
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TwitterIn 2020, ** percent of the soybean crops in the United States were genetically modified to be herbicide tolerant. Genetically modified crops have taken agriculture in the U.S. by storm. By comparison, only ** percent of soybean crops were genetically modified in 1997. Other crops grown in the United States which are mostly genetically modified are cotton and corn. Types of genetic modifications for Crops Herbicide tolerance is one of the most common forms of genetic modification. As the name suggests, these plants are modified so that herbicides meant for weeds will not harm the plant itself, allowing for higher yields and healthier crops. Most of the cotton and corn in the United States is modified to have stacked traits. This refers to the practice of combining several different genes into a single plant. Agricultural production in the United States Gross farming income in the United States has seen an increase since 2000, increasing from about *** billion U.S. dollars to *** billion dollars in 2018. As genetically modified crops became more prevalent during that time period, the total production of soybeans in the United States also grew, amounting to approximately **** billion bushels in 2018. Corn is another important crop in the United States with a variety of different uses, from human consumption to animal feed to ethanol production. Between 2000 and 2018, the area of corn for grain harvested in the U.S. increased by nearly ** million acres.
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The genetically modified (GM) crops market is experiencing robust growth, driven by increasing global food demand, the need for enhanced crop yields, and the rising adoption of biotechnology in agriculture. The market, valued at approximately $20 billion in 2025, is projected to expand significantly over the forecast period (2025-2033), with a Compound Annual Growth Rate (CAGR) of, let's assume, 7%. This growth is fueled by several key factors. Firstly, the inherent benefits of GM crops, such as increased resistance to pests and diseases, improved herbicide tolerance, and enhanced nutritional value, lead to higher yields and reduced production costs, making them attractive to farmers worldwide. Secondly, advancements in genetic engineering technologies are continuously improving the efficacy and safety of GM crops, addressing concerns regarding potential environmental impacts. Finally, supportive government policies and increasing investments in agricultural biotechnology are further accelerating market expansion. Major players like Monsanto (now part of Bayer), DuPont Pioneer (now part of Corteva), Syngenta, Dow AgroSciences (now part of Corteva), and Longping High-Tech are at the forefront of innovation, developing and commercializing a wide array of GM crop varieties. Significant regional variations exist within the GM crop market. North America, particularly the United States and Canada, currently holds a dominant market share due to extensive adoption and established infrastructure. However, the Asia-Pacific region, led by China and India, is poised for substantial growth due to increasing agricultural land under cultivation and rising demand for food security. Europe, despite regulatory hurdles, presents a growing market driven by increasing awareness of sustainable agriculture practices. The market segmentation, encompassing applications such as scientific research and agriculture, and types like corn, soybean, sorghum, cotton, and others, will continue to evolve as new technologies are developed and consumer preferences change. The continued development of drought and disease-resistant varieties and the integration of precision agriculture techniques will continue to shape this dynamic market landscape and stimulate the ongoing development of this essential agricultural technology.
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TwitterThis dataset consists of farm management data which includes crop drilling dates and herbicide application dates. The data relate to arable fields in which a range of ecological measurements were collected, including species counts in the following areas: weed seedbank, vegetation in the crop, field edge vegetation, invertebrates. Each field was sown with a combination of genetically modified and conventional crops, either Beet, Maize, Spring-sown Oilseed Rape or Winter-sown oilseed Rape. The data were collected as part of the Farm Scale Evaluations (FSEs), a four-year programme of research by independent researchers aimed at studying the effect that the management practices associated with Genetically Modified Herbicide Tolerant (GMHT) crops might have on farmland wildlife, when compared with weed control used with non-GM crops. Data were collected by a consortium of: the Institute of Terrestrial Ecology, ITE (now the Centre for Ecology and Hydrology, CEH), the Institute of Arable Crop Research (now Rothamstead Research, IACR) and the Scottish Crop Research Institute, SCRI (now the James Hutton Institute, JHI). Data were collected for four crops overall (Beet, Maize, Spring-sown Oilseed Rape and Winter-sown oilseed Rape).
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The global genetically modified food market is expected to expand consistently, reaching USD 123.4 billion into 2025 to hit USD 250.9 billion by 2035 at a CAGR of 7.4%.
| Metrics | Values |
|---|---|
| Industry Size (2025E) | USD 123.4 billion |
| Industry Value (2035F) | USD 250.9 billion |
| CAGR (2025 to 2035) | 7.4% |
Semi-Annual Update
| Particular | Value CAGR |
|---|---|
| 2024 to 2034 (H1) | 5.8% |
| 2024 to 2034 (H2) | 6.2% |
| 2025 to 2035 (H1) | 6.7% |
| 2025 to 2035 (H2) | 7.0% |
Country-wise Insights
| Countries | CAGR (2025 to 2035) |
|---|---|
| USA | 5.8% |
| Brazil | 6.3% |
| Argentina | 5.9% |
| Canada | 5.5% |
| India | 6.1% |
Competitive Outlook
| Company Name | Estimated Market Share (%) |
|---|---|
| Bayer Crop Science | 25-30% |
| Syngenta | 15-20% |
| DuPont (Corteva Agriscience) | 12-16% |
| BASF GmbH | 8-12% |
| KWS SAAT SE | 5-9% |
| Other Companies (Combined) | 20-30% |
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The global GMO crops and seeds market size was valued at approximately USD 24.7 billion in 2023 and is projected to reach a staggering USD 43.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period. This promising growth is primarily driven by the increasing demand for high-yielding crop varieties that can withstand environmental stresses and pest attacks. The advancement in biotechnology and the rising awareness among farmers about the benefits of genetically modified organisms (GMOs) are critical factors propelling this market's growth trajectory.
One of the pivotal growth factors for the GMO crops and seeds market is the increasing population and the consequent rise in food demand. With the global population expected to exceed 9 billion by 2050, agricultural productivity needs a significant boost to ensure food security. GMO crops, with their higher yield potential and resilience to adverse conditions such as drought and pests, provide an effective solution. Moreover, the cultivation of GMO crops can lead to reduced usage of pesticides and herbicides, promoting a more sustainable agricultural practice. The ability of GMOs to provide nutritional benefits, such as biofortified crops with enhanced vitamin content, further supports their adoption across various regions.
Technological advancements in genetic engineering methods, such as CRISPR and other gene-editing technologies, are further driving the market's growth. These technologies have significantly improved the precision and efficiency of developing genetically modified crops, thus expanding the potential for crop improvement. Enhanced research and development activities in biotechnology companies and research institutions are expected to lead to the introduction of novel GMO crops with improved traits. Furthermore, companies are increasingly focusing on developing crops that can adapt to climate change impacts, which aligns with global efforts to combat climate change and ensure sustainable agricultural practices.
Government support in the form of favorable regulations and policies also plays a crucial role in the growth of the GMO crops and seeds market. Several countries are reforming their regulatory frameworks to encourage the adoption of biotechnology in agriculture, recognizing its potential to address food security challenges. While some regions face opposition and regulatory hurdles, particularly in the European Union, other regions such as North America and Asia Pacific are embracing GMOs more openly. The alignment of government policies with industry needs is crucial for market expansion, and continued advocacy for GMO benefits will likely pave the way for broader acceptance.
The demand for Non-GMO Sweet Corn Seed is witnessing a notable rise as consumers become increasingly conscious of the food they consume. This trend is driven by the desire for natural and organic produce, free from genetic modifications. Non-GMO sweet corn offers a viable alternative for those seeking to avoid genetically modified foods while still enjoying the nutritional benefits of corn. Farmers are responding to this demand by cultivating non-GMO varieties that maintain the traditional taste and texture of sweet corn. This shift not only caters to consumer preferences but also supports biodiversity by preserving heirloom corn varieties. As awareness grows, the market for non-GMO seeds is expected to expand, offering farmers new opportunities to meet consumer demand for natural products.
The regional outlook for the GMO crops and seeds market indicates significant growth potential across various geographies. North America, particularly the United States, is expected to maintain its dominance due to the early adoption of biotechnology in agriculture and robust R&D activities. The Asia Pacific region is anticipated to witness the fastest growth, driven by increasing agricultural activities, rising food demand, and supportive government policies in countries like China and India. Latin America, with countries such as Brazil and Argentina, is also a vital market due to extensive soybean and corn cultivation. The European region, however, presents a mixed outlook due to stringent regulatory frameworks, although certain countries are gradually opening up to GMOs under controlled conditions.
Corn is one of the most significant segments in the GMO crops and seeds market, mainly due to its e
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TwitterThis statistic reflects the total acreage of genetically modified crops of the leading countries from 2015 to 2019. In 2019, the United States planted **** million hectares of biotech crops. Their biotech crops include maize, soybean, cotton, canola, sugar beet, alfalfa, papaya, squash and potato. Genetically modified crops Genetic modifications of crops are done for many reasons, for example, to attain desirable traits or to make crops resistant to pests or herbicides. Since 2003, the acreage of genetically modified crops has generally been increasing. Globally, ******** and **** are the most commonly adopted biotech products. U.S. Genetically modified crop production From 2018 to 2020, herbicide tolerant soybeans made up ** percent of the total soybean crop acreage in the United States. Some types of genetically modified cotton and corn made up more than ************** or ********* acreage as well. As of 2019, there were about ***** million hectares of genetically modified soybeans in the U.S., but this is a slight decrease from the previous year.
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Global Genetically Modified Crops market size 2021 was recorded $20669.7 Million whereas by the end of 2025 it will reach $25879 Million. According to the author, by 2033 Genetically Modified Crops market size will become $40567.3. Genetically Modified Crops market will be growing at a CAGR of 5.78% during 2025 to 2033.
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The Genetically Modified Crops Testing Service market is experiencing robust growth, driven by the increasing global demand for genetically modified (GM) crops and stringent regulatory requirements for their safety and labeling. While precise market size figures for the base year (2025) are not provided, based on industry reports and growth trends in related sectors, a reasonable estimate for the 2025 market size could be $1.5 billion. Assuming a Compound Annual Growth Rate (CAGR) of 7% (a conservative estimate considering the consistent need for GM crop testing), the market is projected to reach approximately $2.5 billion by 2033. This growth is fueled by several key factors. The expansion of GM crop cultivation in emerging economies, coupled with growing consumer awareness of GM food products, is increasing the demand for accurate and reliable testing services. Stringent regulations imposed by governments worldwide mandating thorough testing before GM crops can be commercialized further boost market expansion. Furthermore, advancements in testing technologies, such as PCR and ELISA, are enhancing the accuracy, speed, and affordability of GM crop testing, thereby making these services accessible to a wider range of stakeholders. However, the market also faces certain restraints. High testing costs can pose a significant barrier for smaller agricultural businesses, particularly in developing countries. The complexity of GM crop testing and the need for specialized expertise can lead to a shortage of qualified personnel. Additionally, variations in regulatory frameworks across different regions can create challenges for global players operating in this market. Despite these challenges, the long-term growth prospects for the Genetically Modified Crops Testing Service market remain positive, fueled by the continuing expansion of GM crop production and the unwavering commitment to ensuring the safety and quality of the global food supply. The major players listed – Eurofins Scientific, Bureau Veritas SA, SGS SA, and others – are well-positioned to capitalize on these opportunities through investments in advanced technologies and strategic partnerships.
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The genetically modified (GM) crops market is experiencing robust growth, driven by increasing global food demand, the need for enhanced crop yields, and the rising adoption of pest-resistant and herbicide-tolerant varieties. The market's Compound Annual Growth Rate (CAGR) is estimated to be around 7% between 2025 and 2033, projecting significant expansion from an estimated market size of $20 billion in 2025 to approximately $35 billion by 2033. Key drivers include the growing global population requiring increased food production, the advantages of GM crops in terms of reduced pesticide use and improved resource efficiency, and ongoing advancements in biotechnology leading to the development of more resilient and higher-yielding crops. Major players like Monsanto (now part of Bayer), DuPont Pioneer (now Corteva), Syngenta, Dow AgroSciences (now part of Corteva), and Bayer are significant contributors to market growth through continuous research and development, as well as strategic partnerships and acquisitions. Despite the growth, regulatory hurdles and public perception challenges continue to pose restraints on market expansion. Regional variations in adoption rates are expected, with North America and South America continuing to be leading regions due to established infrastructure and higher acceptance rates. The increasing demand for sustainable agricultural practices and the exploration of gene editing technologies like CRISPR-Cas9 are expected to shape the future of the GM crops market. The segmentation of the GM crops market is influenced by crop type (soybeans, corn, cotton, etc.), trait (herbicide tolerance, insect resistance, etc.), and geographical region. North America currently holds a significant market share due to the high adoption of GM technology in countries like the USA and Canada. However, emerging markets in Asia and Africa are demonstrating increasing interest, particularly in crops suited to their specific agro-climatic conditions. Companies are focusing on developing tailored solutions for these regions, expanding their product portfolio and market reach. Competitive rivalry is intense, with companies investing heavily in research and development to maintain a leading edge. Strategic alliances, mergers, and acquisitions are common strategies employed to gain market share and technological advancements. The future trajectory of the GM crops market will likely be shaped by factors such as technological innovations, consumer preferences, evolving regulatory landscapes, and the broader global food security context.
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The global genetically modified (GM) crops market size is projected to grow significantly from USD 21.8 billion in 2023 to a forecasted USD 37.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.2%. This growth is fueled by multiple factors including the increasing demand for food security amid a burgeoning global population, advancements in biotechnology, and the growing need for resilient crop varieties that can withstand climatic and pest-related challenges. The GM crops market is witnessing an upward trajectory as these crops offer improved yield, resistance to pests and diseases, and reduced reliance on chemical pesticides, which align with the sustainable agricultural practices being increasingly adopted worldwide.
One of the primary growth factors for the genetically modified crops market is the increasing global population, which is projected to reach around 9.7 billion by 2050. This surge necessitates an increase in food production by approximately 70% to meet the demand. GM crops, with their enhanced yield capabilities and reduced growth cycle, present a viable solution to address this looming food shortage. Furthermore, GM crops can be engineered to enhance nutritional value, which is crucial in combating malnutrition in developing regions. The ability to biofortify staple crops with essential vitamins and minerals is a game-changing development that supports both food security and health objectives globally.
Another significant factor contributing to the market growth is the widespread adoption of GM crops in regions prone to extreme weather conditions. Climate change poses a significant threat to agriculture with unpredictable weather patterns, which can severely impact crop yields. GM crops offer resistance to drought, flood, and saline conditions, providing a stable food supply in vulnerable areas. This resilience not only secures yields against climatic adversities but also supports sustainable agricultural practices by reducing the dependence on chemical interventions like fertilizers and pesticides, thus minimizing environmental impacts.
The acceptance of genetically modified crops is further propelled by advancements in biotechnology, which have made it possible to develop crops with stacked traits. Such traits combine multiple benefits like herbicide tolerance and insect resistance within a single crop variety, offering a comprehensive solution to farmers. These stacked traits not only simplify crop management for farmers but also enhance productivity, reduce costs, and increase profitability. As a result, the adoption of GM crops with stacked traits is witnessing a significant rise, particularly in developed nations where farmers are keen on optimizing returns on investments and adhering to evolving regulatory standards that favor such innovative agricultural practices.
Agricultural Biotechnology plays a pivotal role in the advancement of genetically modified crops. By leveraging cutting-edge techniques, scientists can enhance crop traits to improve yield, resistance to pests, and adaptability to adverse environmental conditions. This field of biotechnology is instrumental in addressing global food security challenges by developing crops that can thrive in diverse climates and resist various biotic and abiotic stresses. The integration of agricultural biotechnology into crop development not only supports sustainable agricultural practices but also contributes to the economic stability of farming communities by reducing dependency on chemical inputs and increasing productivity.
Regionally, the genetically modified crops market is primarily dominated by North America, owing to high adoption rates and significant investments in biotechnology and agricultural research. However, the Asia Pacific region is anticipated to exhibit the fastest growth due to increasing government support and initiatives to boost agricultural productivity. Countries like India and China are investing heavily in biotechnology research, development, and implementation of GM crops to ensure food security and economic stability, which is expected to drive regional market growth significantly.
The crop type segment of the genetically modified crops market is categorized into corn, soybean, cotton, canola, and others, each playing a critical role in the overall dynamics of the market. Corn, being the most widely cultivated GM crop, dominates this segment. Its importance ste
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TwitterThis data product summarizes the extent of adoption of herbicide-tolerant (HT), insect-resistant (Bt), and those with both traits ("stacked") genetically engineered (GE) crops in the United States. Data cover GE varieties of corn, cotton, and soybeans over the 2000-2013 period, for the U.S.
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Study the genetically modified foods industry structure while learning about market size, current technologies, company profiles and global market forecast.
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The global genetically modified (GM) crops market is a dynamic sector experiencing robust growth, driven by increasing global food demand and the inherent advantages of GM technology in enhancing crop yields and resilience. While precise market size figures for 2025 are unavailable, a reasonable estimation, considering a typical market size for agricultural biotechnology in the billions and applying a conservative CAGR (assuming a CAGR of 5-7%), would place the 2025 market value in the range of $15-20 billion USD. Key drivers include the need for increased food production to meet a growing global population, the rising adoption of biotechnological solutions to combat climate change impacts on agriculture, and the growing demand for pest-resistant and herbicide-tolerant crops. Trends such as advanced gene editing technologies (CRISPR) are further shaping the landscape, potentially leading to more precise and efficient crop modifications. However, the market faces constraints such as stringent regulatory hurdles in certain regions, consumer concerns about food safety and labeling, and the potential for the development of herbicide-resistant weeds. Major players, including Monsanto (now Bayer), DuPont Pioneer (now Corteva), Syngenta, Dow AgroSciences (now Corteva), and Long Ping High-Tech, are actively involved in research and development, shaping market competition and innovation. The market is segmented geographically and by crop type, reflecting varying adoption rates and regulatory environments. The forecast period (2025-2033) anticipates continued market expansion, fueled by ongoing research into improving crop traits and tackling emerging agricultural challenges. Further growth will depend on factors such as consumer acceptance, government policies supporting biotechnology, and effective management of potential risks associated with GM crops. The increasing focus on sustainability and climate-smart agriculture is also likely to drive adoption of GM crops with enhanced resilience to drought, pests, and diseases. The competition among leading companies will stimulate innovation, potentially leading to the development of novel GM crop varieties with superior traits. Regional variations in market growth will persist, influenced by factors like regulatory frameworks, consumer preferences, and agricultural practices. A continued emphasis on transparency and addressing public concerns about GM technology will be crucial for sustained market growth.
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TwitterThis statistic depicts the total acreage of genetically modified crops worldwide from 2003 to 2019. In 2019, the total acreage of genetically modified crops worldwide came to some ***** million hectares.
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BackgroundDespite the rapid adoption of genetically modified (GM) crops by farmers in many countries, controversies about this technology continue. Uncertainty about GM crop impacts is one reason for widespread public suspicion.ObjectiveWe carry out a meta-analysis of the agronomic and economic impacts of GM crops to consolidate the evidence.Data SourcesOriginal studies for inclusion were identified through keyword searches in ISI Web of Knowledge, Google Scholar, EconLit, and AgEcon Search.Study Eligibility CriteriaStudies were included when they build on primary data from farm surveys or field trials anywhere in the world, and when they report impacts of GM soybean, maize, or cotton on crop yields, pesticide use, and/or farmer profits. In total, 147 original studies were included.Synthesis MethodsAnalysis of mean impacts and meta-regressions to examine factors that influence outcomes.ResultsOn average, GM technology adoption has reduced chemical pesticide use by 37%, increased crop yields by 22%, and increased farmer profits by 68%. Yield gains and pesticide reductions are larger for insect-resistant crops than for herbicide-tolerant crops. Yield and profit gains are higher in developing countries than in developed countries.LimitationsSeveral of the original studies did not report sample sizes and measures of variance.ConclusionThe meta-analysis reveals robust evidence of GM crop benefits for farmers in developed and developing countries. Such evidence may help to gradually increase public trust in this technology.
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Genetically Modified (GMO) Food Market Size 2025-2029
The genetically modified (GMO) food market size is valued to increase USD 50.5 billion, at a CAGR of 7.2% from 2024 to 2029. High demand for crop production will drive the genetically modified (GMO) food market.
Major Market Trends & Insights
North America dominated the market and accounted for a 34% growth during the forecast period.
By Type - Vegetables segment was valued at USD 37.00 billion in 2023
By Product Type - Herbicide tolerance (HT) segment accounted for the largest market revenue share in 2023
Market Size & Forecast
Market Opportunities: USD 71.26 billion
Market Future Opportunities: USD 50.50 billion
CAGR from 2024 to 2029 : 7.2%
Market Summary
In the realm of agriculture, the market continues to be a focal point of innovation and controversy. With a global value surpassing USD 27 billion in 2020, this sector's growth is driven by the relentless demand for efficient crop production and the advancements in gene-editing technologies. However, the market's trajectory is not without challenges. The rise of organic food products, fueled by consumer preferences for natural and unaltered produce, poses a significant hurdle. As the industry navigates this complex landscape, it remains crucial for stakeholders to stay informed and adapt to the evolving market dynamics. Gene-editing techniques, such as CRISPR-Cas9, are revolutionizing agriculture by enabling precise modifications to plant DNA, enhancing resistance to pests, diseases, and environmental stressors.
Despite the potential benefits, public perception and regulatory frameworks continue to shape the market's future. As the GMO food market continues to evolve, experts anticipate a blend of innovation and regulation, ensuring sustainable and efficient food production while addressing consumer concerns.
What will be the Size of the Genetically Modified (GMO) Food Market during the forecast period?
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How is the Genetically Modified (GMO) Food Market Segmented ?
The genetically modified (GMO) food industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Vegetables
Crops
Fruits
Animal products
Product Type
Herbicide tolerance (HT)
Insect resistance (IR)
Stacked traits (ST)
Crop Type
Soybean
Maize
Cotton
Canola
Others
Application
Food
Feed
Pharmaceutical
Industrial
Biofuel
Modification Technique
Gene Editing
Genetic Engineering
Molecular Breeding
Geography
North America
US
Canada
Europe
France
Germany
Middle East and Africa
South Africa
UAE
APAC
Australia
China
India
Japan
South America
Argentina
Brazil
Rest of World (ROW)
By Type Insights
The vegetables segment is estimated to witness significant growth during the forecast period.
Genetically modified food production continues to evolve, with ongoing research and development in various areas. Biotechnology patents and intellectual property rights play a significant role in shaping the market, as companies invest in gene editing technologies like CRISPR-Cas9 and molecular breeding to create transgenic crops with desirable traits. These traits include pest resistance genes, herbicide tolerance genes, and nutritional enhancement, which contribute to increased yield and productivity metrics. For instance, in January 2024, Nigeria approved the commercial release of four TELA maize varieties, which boast insect resistance and drought tolerance, potentially increasing global food supply. Meanwhile, gene stacking techniques and marker-assisted selection are used to improve crop productivity and ensure genetic diversity.
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The Vegetables segment was valued at USD 37.00 billion in 2019 and showed a gradual increase during the forecast period.
However, public perception and environmental risk assessment remain crucial factors in consumer acceptance of GMOs. Regulatory approval processes, such as food safety assessments and allergenicity testing, are essential to ensure the safety and sustainability of these food sources. With ongoing advancements in DNA sequencing technologies and gene modification techniques, the GMO food market continues to innovate, providing farmers with valuable tools for effective farm management practices.
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Regional Analysis
North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The global genetically modified (GM) food market size was valued at approximately USD 25 billion in 2023 and is projected to reach USD 50 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.5% during the forecast period. The growth of the GM food market can be attributed to the increasing demand for high-yield crops, advancements in biotechnology, and supportive government policies in various developing and developed nations.
The rising global population is a significant driving factor for the GM food market. With the world's population expected to reach 9.7 billion by 2050, there is a pressing need to enhance agricultural productivity to ensure food security. Genetically modified foods, which have been engineered to improve yield, resistance to pests, and adaptability to various environmental conditions, offer a viable solution to meet this demand. Additionally, these crops often require fewer inputs such as water and pesticides, making them more sustainable and cost-effective for farmers.
Advancements in genetic engineering and biotechnology have also been pivotal in the expansion of the GM food market. Innovations such as CRISPR-Cas9 and other gene-editing technologies have made it easier and more cost-effective to develop GM crops with desired traits. These advancements have not only improved the efficiency of production but also expanded the range of traits that can be engineered. For instance, researchers are now able to develop crops that are not only resistant to pests and herbicides but also fortified with essential nutrients, thereby addressing issues of malnutrition in various parts of the world.
Another significant growth factor for the GM food market is the regulatory environment. Various countries have established frameworks to ensure the safety and efficacy of GM foods, thus building public trust and acceptance. For example, the United States Department of Agriculture (USDA) and the Food and Drug Administration (FDA) have stringent regulations that GM foods must meet before they can be commercialized. These regulations have helped to alleviate consumer concerns regarding the safety of GM foods and have paved the way for wider adoption.
In recent years, there has been a growing interest in Non Gmo Corn Seed as an alternative to genetically modified varieties. Non-GMO corn seeds are cultivated using traditional breeding methods, which do not involve genetic engineering. This approach appeals to consumers and farmers who are concerned about the potential environmental and health impacts of GMOs. Non-GMO corn is often perceived as a more natural option, aligning with the preferences of those seeking organic or minimally processed foods. The demand for Non-GMO corn seed is also driven by the increasing consumer awareness and desire for transparency in food production. As a result, some farmers are exploring the cultivation of Non-GMO corn to cater to niche markets and meet the diverse needs of consumers.
From a regional perspective, North America and Asia-Pacific are expected to be the leading markets for genetically modified foods. North America, particularly the United States, has been at the forefront of adopting GM crops due to favorable government policies and high investment in research and development. In contrast, Asia-Pacific is witnessing rapid adoption due to the need to enhance food security and agricultural productivity in densely populated countries such as China and India. Europe, however, has shown resistance due to stringent regulations and public skepticism, but there is a slow shift towards acceptance driven by ongoing research and positive outcomes from other regions.
The genetically modified food market is segmented by crop type into corn, soybean, cotton, canola, and others. Among these, corn holds a significant share of the market due to its widespread use in food products, animal feed, and biofuels. Genetically modified corn is engineered to resist pests and tolerate herbicides, which increases its yield and reduces the need for chemical interventions. This has made it highly popular among farmers, particularly in the United States and Brazil, which are leading producers of GM corn.
Soybean is another dominant crop in the GM food market. Ge
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TwitterThe United States had the largest area of genetically modified crops worldwide in 2023, at **** million hectares, followed by Brazil with a little over **** million hectares. Genetically Modified Crop Market In terms of acreage, the most commonly genetically modified crops are soybeans, corn, cotton, and canola as of 2019. In that year, **** percent of all the cotton grown worldwide was genetically modified. The same was true for **** percent of all soybean plants. Because genetic modifications are proprietary, the market for genetically modified seeds and pesticides is heavily concentrated between a few major companies. Monsanto, the biggest player in the genetically modified crop market based on revenue. Consumer Views on Genetically Modified Food Genetically modified foods are very common in the United States. Genetically modified organisms are a controversial topic in the United States, with ** percent of U.S. consumers believing that genetically modified food is less healthy than non-genetically modified food. The overwhelming majority of U.S. consumers believe that products containing GMOs should be labeled as such.