Genetically Modified Crops Market

By Crop Type;

Soybean, Maize, Cotton, Canola, and Others

By Trait;

Herbicide Tolerance (HT), Insect Resistance (IR), and Stacked Traits (ST)

By Technology Used;

Gene Editing and Agrobacterium-Mediated Transformation

By Application;

Food & Feed, Biofuels, and Others

By End-User;

Farmers & Growers and Food Manufacturers

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn883772621 Published Date: August, 2025

Genetically Modified Crops Market Overview

Genetically Modified Crops Market (USD Million)

Genetically Modified Crops Market was valued at USD 28,577.56 million in the year 2024. The size of this market is expected to increase to USD 49,615.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.


Genetically Modified Crops Market

*Market size in USD million

CAGR 8.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.2 %
Market Size (2024)USD 28,577.56 Million
Market Size (2031)USD 49,615.35 Million
Market ConcentrationMedium
Report Pages322
28,577.56
2024
49,615.35
2031

Major Players

  • Bayer AG
  • BASF SE
  • DuPont
  • Syngenta AG
  • The Dow Chemical Company
  • JR Simplot Co.
  • Groupe Limagrain
  • Stine Seed Farm, Inc.
  • Calyxt Inc.
  • Maharashtra Hybrid Seed Company (MAHYCO)
  • Dabeinong Science and Technology Group Co.
  • JK Agri Genetics Ltd.
  • Nuseed Pty Ltd.
  • Dabeinong Science and Technology Group Co.
  • Origin Agritech Limited
  • Monsanto
  • Sensako

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Genetically Modified Crops Market

Fragmented - Highly competitive market without dominant players


The Genetically Modified Crops Market continues to advance as farming practices evolve toward biotechnology-driven solutions. These crops are developed for improved tolerance to pests, diseases, and environmental pressures, resulting in higher yields and reliable food systems. At present, more than 70% of soybean and cotton production relies on genetically modified seeds, demonstrating their essential role in enhancing agricultural output.

Growing adoption of biotechnology in agriculture
The integration of biotechnology into farming practices has significantly boosted productivity while reducing reliance on chemical fertilizers and pesticides. Over 60% of corn and rice cultivation now incorporates genetically engineered traits designed to improve yield quality and resistance. This shift is reinforcing sustainable farming systems and ensuring long-term food availability.

Innovation and advancements in crop traits
Continuous innovation in crop trait development is broadening the scope of genetically modified crops. Varieties with drought resistance, herbicide tolerance, and enriched nutritional profiles are increasingly prominent. Nearly 55% of the latest seed introductions emphasize multi-trait features, enabling farmers to optimize production in varied agricultural environments.

Collaborations and partnerships in research
Strategic partnerships between biotechnology companies, research institutes, and seed developers are accelerating advancements in this field. Close to 50% of new agricultural research programs involve cooperative ventures aimed at creating advanced genetically modified seeds. Such initiatives are enhancing the pace of technological progress while promoting sustainable farming approaches.

Future outlook and market expansion
The outlook for the genetically modified crops market reflects strong potential as agricultural stakeholders embrace next-generation seed technologies. With almost 65% of farming communities favoring genetically engineered varieties, adoption levels are expected to rise further. Growing research investments and supportive regulatory frameworks are set to reinforce the market’s growth trajectory in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Crop Type
    2. Market Snapshot, By Trait
    3. Market Snapshot, By Technology Used
    4. Market Snapshot, By Application
    5. Market Snapshot, By End-User
    6. Market Snapshot, By Region
  4. Genetically Modified Crops Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Enhanced Crop Yields
        2. Rising Need for Sustainable Agriculture
        3. Efforts to Combat Crop Losses
        4. Supportive Regulatory Frameworks in Certain Regions
        5. Growing Demand for Biofuel Feedstocks
      2. Restraints
        1. Public Concerns Over Safety and Ethics
        2. Resistance and Opposition from Environmental Groups
        3. Crop Contamination and Cross-Pollination
        4. Intellectual Property Rights and Access to Technology
      3. Opportunities
        1. Continued Investment in Biotechnology Research and Development (R&D)
        2. Collaboration Across Value Chain Stakeholders
        3. Customized Crop Solutions for Local Conditions
        4. Integration of Biotechnology with Sustainable Agriculture
        5. Investment in Biofortified and Nutrient-Enhanced Crops
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Genetically Modified Crops Market, By Crop Type, 2021 - 2031 (USD Million)
      1. Soybean
      2. Maize
      3. Cotton
      4. Canola
      5. Others
    2. Genetically Modified Crops Market, By Trait, 2021 - 2031 (USD Million)
      1. Herbicide Tolerance (HT)
      2. Insect Resistance (IR)
      3. Stacked Traits (ST)
    3. Genetically Modified Crops Market, By Technology Used, 2021 - 2031 (USD Million)

      1. Gene Editing

      2. Agrobacterium-Mediated Transformation

    4. Genetically Modified Crops Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Feed
      2. Biofuels
      3. Others
    5. Genetically Modified Crops Market, By End-User, 2021 - 2031 (USD Million)

      1. Farmers & Growers

      2. Food Manufacturers

    6. Genetically Modified Crops Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bayer AG
      2. BASF SE
      3. DuPont
      4. Syngenta AG
      5. The Dow Chemical Company
      6. JR Simplot Co.
      7. Groupe Limagrain
      8. Stine Seed Farm, Inc.
      9. Calyxt Inc.
      10. Maharashtra Hybrid Seed Company (MAHYCO)
      11. Dabeinong Science and Technology Group Co.
      12. JK Agri Genetics Ltd.
      13. Nuseed Pty Ltd.
      14. Dabeinong Science and Technology Group Co.
      15. Origin Agritech Limited
      16. Monsanto
      17. Sensako
  7. Analyst Views
  8. Future Outlook of the Market