Increasing world population directly promotes the Global Transgenic Seeds Market
Market overview:
The global Transgenic Seeds Market was at 30 million US dollars in 2020, and it is estimated that it will reach a valuation of 53 million US dollars by 2025 at a compound annual growth rate (CAGR) of 12.1% during the outlook period.

Transgenic Seeds are type of seeds that are modified by insertion of genes directly into the DNA of the seed.

Market Drivers and Restrains:
The global Transgenic Seeds market is expected to grow at a significant rate owing to growing adoption of sustainable agricultural practices across the globe, increasing world population and food requirements, rise in cost of fertilizers & pesticides and other aspects.

Recent Market Developments:
In February 2019, DowDupont Inc has received regulatory approval for its genetically engineered soybeans.
In January 2019, Agriculture department from China gave approval to five genetically modified crops imports from United Sates.

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Report is segmented as:
The global Transgenic Seeds market is segmented by trait and crop type. By trait, the market is segmented into herbicide tolerance, insect resistance, modified product quality, disease resistance, abiotic stress tolerance. By crop type, the market is segmented into corn, soybean, cotton, canola, fruits & vegetables, turf, ornamental & forage crop, cereals & oilseed crops.

Geographical Segmentation:
The North America region is expected to experience high demand due to increased adoption of GM corn, soybeans, cotton by farmers across the area. North America region is also expected to hold the dominance during the outlook period. Latin America holds the second largest share of the market of transgenic seeds due to the rising adoption of sustainable agricultural practices.

Impact of COVID-19 on Transgenic Seeds Market
All the manufacturing companies has shut down their production units all around the world due to coronavirus pandemic. As per the reports, companies are expecting to increase the revenue rate in the next few years as the government authorities have given permission to them to restart their manufacturing units that will help the companies to focus more on their businesses.

Key market players:
Major market players of Transgenic Seeds include Syngenta AG (Switzerland), Dow AgroSciences LLC (U.S.), Vilmorin & Cie SA (France), Bayer CropScience AG (Germany), BASF SE (Germany), Monsanto (U.S.), E.I. du Pont de Nemours & Company (U.S.) and Suntory Holdings Ltd. (Japan).

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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