Genetically Modified Crops Market to Grow on Eco-Friendly Farming Rise

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Genetically Modified Crops Market is driven by sustainable farming practices and biotech innovations, boosting growth during the 2026–2030 forecast period.

According to the TechSci Research report titled Genetically Modified Crops Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Genetically Modified (GM) Crops Market was valued at USD 24.23 billion in 2024 and is projected to grow to USD 28.60 billion by 2030. This growth reflects a compound annual growth rate (CAGR) of 5.76% during the forecast period. A combination of rising food demand, climate-related agricultural challenges, and ongoing innovations in biotechnology are propelling the expansion of this market worldwide.

Emerging Economies Lead the Push for GM Crops

One of the most significant growth drivers for the global GM crops market is the increasing adoption in emerging economies. Nations across Asia and Latin America are recognizing the potential of genetically modified crops to enhance food security, increase agricultural productivity, and improve economic stability. The challenges posed by climate change—such as drought, pests, and reduced arable land—are compelling governments and agricultural stakeholders to turn toward genetically engineered solutions.

China, a country with a vast and growing population, has historically relied heavily on soybean and corn imports from countries like the United States and Brazil. However, to reduce its dependency on imports and enhance domestic agricultural resilience, China is now actively promoting the commercialization of GM crops. The Chinese Ministry of Agriculture and Rural Affairs has issued safety certificates for several GM crop varieties, enabling farmers to begin large-scale cultivation. This policy shift not only strengthens national food security but also aligns with broader governmental goals to modernize the agricultural sector, boost farmer incomes, and mitigate the impacts of pests and climate volatility.

Other emerging economies are also moving toward integrating genetically modified crops into mainstream agriculture. India, for example, is exploring the commercial deployment of GM mustard, while the Philippines has approved the cultivation of Golden Rice, a variety engineered to combat vitamin A deficiency. Similarly, Brazil continues to expand its already extensive GM crop acreage, especially in soybeans and corn. These developments collectively reflect a global trend where biotechnological innovation is being harnessed to ensure long-term agricultural sustainability and food availability.

Market Segmentation and Scientific Research Trends

The global GM crops market is segmented by trait, technique, type of modification, crop type, application, regional distribution, and company. Among these, the scientific research segment stands out as the fastest-growing application area in 2024. Fueled by rapid advancements in genetic engineering and biotechnology, this segment is crucial for unlocking future innovations in agriculture.

Scientific research plays a pivotal role in developing genetically modified crops with enhanced traits such as pest resistance, drought tolerance, and increased nutritional value. As the global population continues to rise and environmental stresses intensify, there is an urgent need to produce more food on less land. Scientists and biotech firms are responding by engineering crops that can withstand extreme weather, resist disease, and require fewer chemical inputs. These innovations not only promise higher yields but also reduce the ecological footprint of agriculture.

The increasing investments in R&D and partnerships between academic institutions, biotech companies, and governments are further fueling growth in this segment. As a result, scientific research is not only driving short-term market expansion but also shaping the long-term trajectory of the global GM crops industry. With continued support and funding, scientific innovation will remain at the forefront of agricultural transformation, offering sustainable solutions to feed the world.

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South America: A Regional Powerhouse in GM Crop Cultivation

Regionally, South America holds a dominant position in the global GM crops market, second only to North America. This growth is largely led by Brazil and Argentina, both of which have established themselves as major hubs for genetically modified crop production due to favorable regulatory environments, vast agricultural land, and strong export demand.

Brazil has taken a proactive stance in adopting GM technology. It is one of the world’s largest producers of GM soybeans, corn, and cotton. Supportive government policies, biotech-friendly regulations, and strong demand from export markets such as China have accelerated the adoption of genetically modified varieties. Brazilian farmers have embraced these crops for their increased yield, pest resistance, and reduced need for chemical pesticides—factors that contribute to improved profitability and environmental sustainability.

Argentina is another key player in the region, with significant acreage devoted to GM soybeans and corn. The country has fostered a robust biotechnology ecosystem, offering a streamlined seed approval process that encourages innovation and attracts multinational agribusiness investments. Argentina’s biotech research institutions and public-private partnerships have played a critical role in developing and disseminating GM crop technologies.

Beyond Brazil and Argentina, other South American countries such as Paraguay and Uruguay are also expanding their genetically modified crop cultivation. These countries benefit from favorable climatic conditions, well-established export networks, and access to high-yield GM seed varieties. Together, they contribute to making South America a major contributor to global GM crop production, particularly for crops used in animal feed and biofuel production.

Conclusion

The Global Genetically Modified Crops Market is undergoing a transformative phase, driven by the convergence of scientific innovation, supportive regulatory policies, and urgent global food security challenges. With the world’s population projected to surpass 9 billion by 2050, the demand for efficient, resilient, and high-yield agricultural practices has never been more critical.

Emerging economies are at the forefront of this shift, using biotechnology to enhance their food systems and reduce import dependency. Meanwhile, scientific research is spearheading the development of next-generation GM crops, offering solutions to complex agricultural problems. Regions like South America continue to demonstrate the value of GM crop adoption in boosting productivity and maintaining competitiveness in global food markets.

As biotechnology continues to evolve, genetically modified crops will play an increasingly central role in ensuring global food sustainability, supporting rural livelihoods, and mitigating the challenges of climate change.

Major companies operating in Global Genetically Modified Crops Market are:

BASF SE

Mosanto Company

Bayer CropScience LLC

Syngenta AG

The Dow Chemical Company

DuPont de Nemours, Inc.

Groupe Limagrain Holdings Corporation

JR Simplot Co.

JKAgri Genetics Ltd.

Maharashtra Hybrid Seed Company Private Limited

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“The agricultural sector is intensifying efforts to combat crop diseases through genetic modification, with a key focus on disease-resistant bananas. The Cavendish banana, which dominates global trade, is highly vulnerable to devastating diseases like Panama disease (Tropical Race 4 - TR4) and Black Sigatoka, threatening global banana production and livelihoods. To address this crisis, scientists have engineered genetically modified (GM) bananas with enhanced disease resistance. A notable breakthrough is QCAV-4, developed by Australian researchers, which incorporates a disease-resistant gene from wild bananas. This variety received human consumption approval in April 2024, marking a major step toward commercial cultivation.

Similarly, Chiquita Brands International has introduced the Yelloway 1 variety, which shows strong resistance to multiple banana diseases, including Black Sigatoka. These innovations highlight a growing reliance on genetic modification to protect staple crops from threats posed by climate change, pathogens, and declining genetic diversity. As disease pressures intensify, genetically modified crops like these are expected to play a critical role in global food security, ensuring sustainable banana production for millions of consumers worldwide.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Genetically Modified Crops Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, By Trait (Herbicide Tolerance, Insect Resistance, Stacked Traits, Others), By Technique (Gene Guns, Electroporation, Microinjection, Agrobacterium, Others), By Type of Modification (Transgenic, Cis-genic, Sub-genic, Multiple Trait Integration), By Crop Type (Soybean, Cotton, Maize, Oilseed Rape, Canola, Alfalfa, Others), By Application (Scientific Research and Agriculture Crops), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Genetically Modified Crops Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Genetically Modified Crops Market.

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