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Genetic Engineering Helps Increase Availability of Improved Organic Seeds |
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Mordor Intelligence reports that the global market for organic seeds was valued at USD 1,651.5 million in 2018 and is projected to reach a compound annual growth rate of 12.7% from 2019-2024. Polaris Market Research predicts that the global organic seed market will reach USD 5.35 billion by 2026. The increased availability of improved hybrid organic seeds could be attributed to molecular techniques such as cisgenesis and transgenesis used by several industrialized countries. The increasing demand for naturally derived products is the main reason that is expected to drive the organic seed industry over the next couple of years.
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North America Genome Editing Market Projected to Reach US$ 4,000 Mn by 2025 |
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"The growth of the genome editing market is primarily attributed to the rise in the production of genetically modified crops and rising prevalence of the genetic diseases," according to the latest Genome Editing Market Growth Analysis Report. Overall, the market is expected to have a compound annual growth rate (CAGR) of 17.2% from 2018 to 2025. Despite rigid biosafety regulations on genome editing in the region, the emergence of markets centered on precision and regenerative medicines provides more growth opportunities for the North American genome editing market in the next couple of years.
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A biweekly update on genome editing research, regulations, and impact
produced by ISAAA Inc. |
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A monthly update on gene drive research and development provided by ISAAA in collaboration with the Outreach Network for Gene Drive Research |
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GM APPROVAL UPDATES |
- The Philippines approved the eggplant event EE-1 for cultivation
- Nigeria approved the wheat event HB4 for food and feed.
- The USA approved the corn event MON87429 for food and feed.
- Ghana approved the cowpea event AAT709A for food, feed, and cultivation.
- The USA approved the wheat event HB4 for food and feed.
- Turkey approved the maize event MON87427 for feed.
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Biotech Updates is a weekly newsletter of ISAAA, a not-for-profit organization. It is distributed for free to over 22,000 subscribers worldwide to inform them about the key developments in biosciences, especially in biotechnology. Your support will help us in our mission to feed the world with knowledge. You can help by donating as little as $10. |
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