ISAAA Briefs No. 34-2005: Executive Summary

In 2005, the global market value of biotech crops, estimated by Cropnosis, was $5.25 billion representing 15% of the $34.02 billion global crop protection market in 2005 and 18% of the ~$30 billion 2005 global commercial seed market. The $5.25 billion biotech crop market comprised of $2.42 billion for biotech soybean (equivalent to 46% of global biotech crop market), $1.91 billion for biotech maize (36%), $0.72 billion for biotech cotton (14%), and $0.21 billion for biotech canola (4%). The market value of the global biotech crop market is based on the sale price of biotech seed plus any technology fees that apply. The accumulated global value for the ten-year period, since biotech crops were first commercialized in 1996, is estimated at $29.3 billion. The global value of the biotech crop market is projected at over $5.5 billion for 2006.

Menu:

• Global Status of Commercialized Biotech/GM Crops in 2005
• The Global Value of the Biotech Crop Market
• France: Bt Maize
• Portugal: Bt Maize
• Czech Republic: Bt Maize
• Iran: Bt Rice

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