Genetic Engineering of Plants Market - A Sustainable Solution for Global Food Security (Market Size and Forecast) by Cultivating Sustainability

Plant Genetic Engineering Market to Register Exponential CAGR by 2030 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. LLC announces the release of a market assessment report on "Global Plant Genetic Engineering Market by Traits (Yield Improvement, Disease Resistance, Herbicide Tolerance & Others), Techniques (Artificial Selection, Cloning, Gene Fusion & Others ), application (Cereals and Grains, Oilseeds and Legumes, Fruits and Vegetables, and Others), Trends, Industry Competitive Analysis, Revenue and Forecast to 2030."
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According to the latest research by InsightAce Analytic, the global Plant Genetic Engineering market is expected to grow at a CAGR of 7.04% during a forecast period of 2024-2031.
Engineering a sustainable future: Genetic engineering of plants revolutionizes agriculture
Plant genetic engineering (GE) is a transformative technology poised to revolutionize the agricultural industry. With a growing global population and growing food safety concerns, GE offers a powerful set of tools to address
critical challenges:
Improved crop resistance:
• GE can create crops resistant to pests, diseases and harsh weather conditions, leading to increased yields and reduced food waste.
• This is especially important as unpredictable weather patterns and extreme weather events become more frequent due to climate change.
Improved food security:
• By optimizing crop yields and creating crops with improved nutritional value, GE can help bridge the gap between food supply and demand.
Target features and efficiency:
• GE allows the development of new plant lines with desirable characteristics, such as faster growth cycles or improved drought tolerance.
• This targeted approach can guide agricultural processes and optimize the use of resources.
Aiding innovation in plant science:
• Advances in GE contribute to a deeper understanding of plant biology, facilitating discoveries in areas such as genomic selection and breeding techniques.
Synergy with modern agricultural practices:
• The growth of indoor, vertical and greenhouse farms creates exciting synergies with GE.
• Together, these advances can enable year-round production of seasonal crops and optimize resource use in controlled environments.
Challenges and considerations:
• Regulatory hurdles regarding the long-term safety of genetically modified crops require careful navigation.
• Open scientific dialogue and public education are essential to address concerns about potential environmental and health impacts.
conclusion:
Plant genetic engineering offers a powerful tool to address the complex challenges facing global agriculture. By driving innovation, ensuring responsible development and promoting public trust, GE has the potential to ensure a more sustainable and productive agricultural future.
North America is expected to be the major contributor to the plant genetic engineering market during the forecast years. The presence of various enterprises offering various government-recognized solutions to target a wide range of crop applications has aided regional growth. Due to technological improvement and availability of infrastructure, early adopters have also made the region particularly creative in the modern agriculture industry.
Moreover, the Asia Pacific plant genetic engineering market is expected to grow significantly during the forecast period. Several projects, as well as cooperation with foreign organizations, will promote regional growth. APAC has tremendous opportunities due to increasing agricultural advances to improve productivity and crop quality.
Key market players operating in the Plant Genetic Engineering market include Agilent Technologies, Illumina, Inc., Keygene NV, Eurofins Scientific Se, Neogen Corporation, Novogene Corporation Ltd., Oxford Nanopore Technologies Ltd., Nrgene Ltd., Qiagen NV and Sgs - Traitgenetics Gmbh.
Recent collaborations and deals in the market:
• In February 2020, AgraFlora Organics International Inc. subsidiary Propagation Services Canada Inc., a growth-oriented and diversified business focused on the global market, agreed to acquire Live-Plant Genetics
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Market segments
Global Plant Genetic Engineering Market, by Trait, 2022-2030 (Value US$ Mn)
• Improved yield
• Resistance to diseases
• Tolerance to herbicides
• Others
Global Plant Genetic Engineering Market, By Technique, 2022-2030 (Value US$ Mn)
• Artificial selection
• Cloning
• Gene sharing
• Others
Global Plant Genetic Engineering Market, by Application, 2022-2030 (Value US$ Mn)
• Cereals & Cereals
• Oilseeds and legumes
• Fruits & Vegetables
• Others
Global Plant Genetic Engineering Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• USA
• Canada
Plant Genetic Engineering Market in Europe, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia and New Zealand
Latin America Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East and Africa Plant Genetic Engineering Market, by Country, 2022-2030 (Value US$ Mn)
• GCC countries
• South Africa
• Rest of the Middle East and Africa
Why you should buy this report:
To get a comprehensive analysis of prospects for the global Plant Genetic Engineering market
To get industry insight and future trends in the Plant Genetic Engineering market
To analyze the drivers and challenges of the Plant Genetic Engineering market
To get information on Plant Genetic Engineering market value forecast (US$Mn) up to 2030
Significant investments, mergers and acquisitions in the Plant Genetic Engineering market industry
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