DUBLIN, June 30, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/48tlp9/transgenic_seeds) has announced the addition of the "Transgenic Seeds Market by Trait (Herbicide Tolerance, Insecticide Resistance), Crops (Corn, Soybean, Cotton, Canola, others), and by Region - Global Trends & Forecast to 2020" report to their offering.
The market for transgenic seeds is is projected to reach $35.2 billion by 2020, at a CAGR of 12.3.%.
Leading companies in the transgenic seeds market are continuously developing new products, technologies, and methods for manufacturing seed products with high proficiency. Thus, the transgenic seeds market is gaining global acceptance among farmers. The leading players in this market are Monsanto (U.S.), E.I. du Pont de Nemours & Company (U.S.), Syngenta AG (Switzerland), Vilmorin & Cie SA (France), Bayer CropScience AG (Germany), BASF SE (Germany), Dow AgroSciences LLC (U.S.) and Suntory Holdings Ltd. (Japan). These players are adopting different strategies to grow in the transgenic seeds market. Agreements, research collaborations, and new product launches have been the key strategies adopted by market players for global expansion.
In 2014, North America was the largest market; this market is projected to grow at a CAGR of 12.0%, as studied from 2015. Latin America is the second-largest market of transgenic seeds, and is projected to grow at a CAGR of 13.1% during the period under review. The U.S. was one of the leading market for transgenic seeds in North America and accounted for nearly 85% share in 2014. India was one of the leading consumers of transgenic seeds in the Asia-Pacific market, and is projected to be the fastest-growing market, globally, at the highest CAGR from 2015 to 2020.
The transgenic seeds market, in this study, consists of five main crops: corn, soybean, cotton, canola, and others that include fruits & vegetables, turf, ornamental & forage crops, and other cereals & oilseed crops.
The herbicide-tolerant transgenic seeds accounted for a larger market share in 2014, and is projected to grow with the increasing demand from the agriculture and food industries. This market is projected to grow at the highest CAGR of 13.0% from 2015 to 2020.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Transgenic Seeds Market, By Trait
8 Transgenic Seeds Market, By Crop Type
9 Transgenic Seeds Market, By Brand
10 Transgenic Seeds Market, By Region
11 Competitive Landscape
12 Company Profiles
- Basf Se
- Bayer Cropscience Ag
- Bejo Zaden B.V.
- Dow Chemical Company
- E.I. Du Pont De Nemours And Company
- J.R. Simplot Company
- Suntory Holdings Limited
- Syngenta Ag
- Vilmorin & Cie (Limagrain Group)
For more information visit http://www.researchandmarkets.com/research/48tlp9/transgenic_seeds
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets