The Business Research Company published its Genetically Modified (GM) Crops Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Genetically Modified (GM) Crops market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the GM Crops market’s segments-
1) By Trait: Herbicide Tolerance (HT), Insect Resistance (IR), Stacked Traits (ST), Others
2) By Crop: Soybean, Cotton, Maize, Oilseed Rape, Tobacco, Others.
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Genetically Modified (GM) Crops Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global genetically modified (GM) crops market is expected to decline from $21.73 billion in 2019 to $20.69 billion in 2020 at a compound annual growth rate (CAGR) of -4.76%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $26.72 billion in 2023 at CAGR of 8.9%.
The exponential increase in population around the globe drives the need to implement genetically modified crops. Farmers have to adopt new technologies to produce crops that can meet the demand of the growing population. GM crops help reduce food loss and waste, improve soil and water management, and improve the yield alongside protecting the environment.
Few Points From Table Of Content
- Executive Summary
- Genetically Modified (GM) Crops Market Characteristics
- Genetically Modified (GM) Crops Market Size And Growth
- Genetically Modified (GM) Crops Market Segmentation
- Genetically Modified (GM) Crops Market Regional And Country Analysis
- Key Mergers And Acquisitions In The Genetically Modified (GM) Crops Market
- Genetically Modified (GM) Crops Market Trends And Strategies
- Genetically Modified (GM) Crops Market Future Outlook and Potential Analysis
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Genetically Modified (GM) Crops Market, Segmentation By Trait, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 4: Global Genetically Modified (GM) Crops Market, Segmentation By Crop, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 5: Global Genetically Modified (GM) Crops Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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Table 48: The Dow Chemical Company Financial Performance
Table 49: Dupont Financial Performance
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