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Global Transgenic Seeds Market Predicted to Reach $80.91 Billion by 2033
Posted by: Prof. Dr. M. Raupp (IP Logged)
Date: August 26, 2024 04:01PM

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.



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