North America GMO Seed Market was worth USD xx million in 2020 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2025.

North America GMO Seed Market Overview:

GMO stands for Genetically Modified Organism and it circumscribes a lot of products in industries which include medicinal, scientific and agricultural applications. GMO refers to seeds in the matter of agriculture and food consumption. Genetically modifies seeds have been used by farmers around the world for about 20 years. GM seeds have distinct traits which set them apart from other seeds. They include qualities like herbicide resistance, insect resistance and efficient water usage.

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North America GMO Seed Market Drivers:

The North America GMO Seed market is driven by the rise in adoption of biofuels and the increased demand for animal feeds. Furthermore, the increasing threat from global food companies to non-GM food products and the premium pricing of non-GM foods also act as substantial factors of market growth. Supportive governmental policies encouraging the use of GMO seeds also acts a driver for market growth. However, issues of Intellectual Property Rights and delays in certifying GMO seeds by administrative arms of governments act as restraints on market growth.

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The North America GMO Seed Market is segmented and sub-segmented into following categories:

By Product:

corn
soybean
cotton
canola
others
By Traits:

herbicide tolerant
insect resistant
others
The Market is geographically divided into:

North America:

US
Canada
The North American region holds the major stake in the aggregate income of Global GMO Seed market in 2016 because of noteworthy growth in consumption, brought about by established distribution channels and supportive governmental policies.

Key Players:

Monsanto
Bayer CropScience
DowDuPont
Grooupe Limagrain
Syngenta