How big is the transgenic seeds market?
The global transgenic seeds market is expected to reach $26.8 billion by 2030, growing at a staggering 12.2% CAGR from 2023.
What are the benefits of using transgenic seeds?
Transgenic seeds offer several advantages, including increased yields (22%), reduced pesticide use (37%), higher profits (68%), and improved resistance to pests and diseases.
Are there any concerns about transgenic seeds?
yes, some concerns exist regarding environmental impact, long-term safety, and corporate control of the seed market.
Who are the Key Players of transgenic seeds?
major companies such as Mosanto, DowDupont Inc, BASF SE, Bayer AG, and Syngenta AG occupying a significant market share.