Global Transgenic Seeds Market Predicted to Reach $80.91 Billion by 2033
August 21, 2024| |
A report published by Spherical Insights forecasts a 10.20% growth of the global transgenic seeds market from 2023 to 2033. The market is predicted to reach a revenue of $80.91 billion by 2033.
Transgenic seeds are developed through the modification of DNA using genetic engineering (GE) procedures. Recently, there has been an increasing demand for transgenic seeds due to different factors, such as enhanced agricultural productivity, higher nutritional value, tolerance to adverse environmental conditions, and resistance to pests and diseases.
Researchers made a report about the growth of the global transgenic seeds market. The team segmented the market based on crop type and trait, as well as region. The report discussed the competitive landscape, driving factors for growth, opportunities, and challenges of the market. North America is expected to have the largest portion of the market in the predicted time frame.
Read the report of Spherical Insights for more information.
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