Global Status

Global Value of Biotech Crop Market

In 2004, the global market value of biotech crops, forecasted by Cropnosis, was $4.70 billion representing 15% of the $32.5 billion global crop protection market in 2003 and 16% of the $30 billion global commercial seed market. The market value of the global biotech crop market is based on the sale price of biotech seed plus any technology fees that apply. Cropnosois recently completed a revision of the value of the biotech crop market since its commercialization in 1996 and the revised values are shown in Table 8. The accumulated global value for the nine year period in 1996 to 2004, since biotech crops were first commercialized in 1996, is $24 billion. The global value of the biotech crop market is projected at more than $5 billion for 2005.

Related Topics:

  1. Global Area of Biotech Crops
  2. Distribution of Biotech Crops in Industrial and Developing Countries
  3. Distribution of Biotech Crops, by Country
  4. Distribution of Biotech Crops, by Crop
  5. Distribution of Biotech Crops, by Trait
  6. Dominant Biotech Crops
  7. Global Adoption of Biotech Soybean, Maize, Cotton and Canola
  8. The Global Value of the Biotech Crop Market

Summary Report on the Global Status of Biotech/GM Crops - [View the 2004 report]

Transgenic Crops - [Click Here]

Extensive Study on Bt Cotton - [Click Here]

Download the complete copy of the ISAAA Briefs on Global Status/Review of GM Crops - [Click Here]

SciDev.Net's dossier on GM crops - [Click here]

Global Status of Approved Genetically Modified Plants -  [Click here]
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