Genetically Modified Seeds Market Growth Accelerated by Fast Adoption of Latest Agriculture Technologies
Genetically modified seeds are gaining popularity among farmers as they help increase crop yields and productivity while reducing risks from pests and weeds. Seeds are modified using latest gene-editing techniques to make crops resistant to diseases, herbicides and pesticides. Traits like drought or salinity tolerance are also being added that helps plants withstand adverse environmental conditions. With rising population and changing climate patterns, genetically modified seeds are critical to ensure global food security. The global Genetically Modified Seeds Market is estimated to be valued at US$ 20.34 Billion in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The fast adoption of latest agriculture technologies is one of the major trends driving the growth of genetically modified seeds market . Farmers across the world are readily replacing conventio...