Genetically Modified Seeds Market Size and Share

Genetically Modified Seeds Market Summary
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Genetically Modified Seeds Market Analysis by Mordor Intelligence

The genetically modified seeds market size is USD 25.2 billion in 2025 and is forecast to reach USD 34.7 billion by 2030, reflecting a 6.6% CAGR over the period. Continued farmer preference for stacked-trait hybrids, supportive approvals in China, and premium pricing opportunities for trait-enhanced cotton keep demand on a firm upward path. Scale advantages enjoyed by the top multinationals hasten global rollouts, yet patent expirations open space for regional breeders to license long-standing traits. Biological seed coatings, now bundled with leading corn and soybean brands, give seed companies fresh revenue lines while improving trait performance in the field. Finally, climate-resilient varieties tied to carbon-credit programs broaden the economic case for adoption in drought-prone regions.

Key Report Takeaways

  • By crop type, corn held a significant share of 39% of the genetically modified seeds market in 2024, whereas genetically modified cotton is projected to grow with a CAGR of 9.8% during the forecast period.
  • By trait, herbicide-tolerant hybrids led with a 42% share of the genetically modified seeds market size in 2024, while stacked-trait (cotton) is advancing at a 10.9% CAGR through 2030.
  • By region, North America held 39% of the genetically modified seeds market share in 2024, whereas Asia-Pacific is projected to expand at an 8.7% CAGR to 2030.
  • By competitive position, the five largest suppliers controlled around 58.6% of the genetically modified seeds market size in 2024, creating a moderately concentrated field with room for regional specialists.

Segment Analysis

By Crop Type: Corn Leads, Cotton Accelerates

Corn accounted for 39% of the genetically modified seeds market size in 2024, reflecting deep penetration across North and South America and a widening footprint in China. Stacked corn hybrids with herbicide tolerance, insect resistance, and drought resilience keep yields stable and simplify broadacre management. Soybean followed as Intacta2 Xtend in Brazil and Enlist E3 in the United States, pushing farm-level technology upgrades. Cotton demonstrates a 9.8% CAGR, the highest among major crops, as low-input regenerative schemes in India and the United States prefer insect-resistant lines. Minor crops such as canola hold 6% but anchor premium oils and omega-3 traits that fetch higher contract prices, extending the genetically modified seeds market share into food and industrial niches.

Over the forecast, cotton remains the pace setter as stacked insect-resistant traits converge with disease tolerance to cut spray costs. Corn advances through wider Chinese acreage and approval of large-scale, commercial planting of genetically modified (GM) crops, with the country approving 37 GM maize varieties in 2023 and 27 GM maize varieties in 2024 [2]Source: International Service for the Acquisition of Agri-biotech Applications, “China Shows Progress in GM Crop Approvals and Plantings”, ISAAA.org. Soybean growth hinges on new protein and herbicide combinations that address export buyer specifications. Specialty crops such as potato and eggplant grow from a small base but benefit from gene editing that navigates fewer regulatory steps, pulling incremental value into the genetically modified seeds market.

Genetically Modified Seeds Market: Market Share by Crop Type
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By Trait: Stacked-Traits Dominate the Growth

Stacked traits represent the fastest-growing segment at a 10.9% CAGR, as growers see clear economic benefits in single-bag convenience and broader pest coverage. Herbicide-tolerant hybrids still occupy the largest 42% genetically modified seeds market share in 2024, but mature markets like the United States show little acreage headroom. Insect-resistant lines, expanding in geographies where pesticide savings exceed trait fees, notably in cotton belts. Other traits, such as drought tolerance, disease resistance, and nutrition, show above-average growth because climate volatility makes risk-mitigation features more valuable.

The technology frontier now combines CRISPR edits with classic transgenic stacks, shortening development timelines and enabling precise control of gene expression. Biological seed coatings further enhance stacked performance, potentially lengthening product life as regulatory scrutiny grows over chemistry-based crop protection. Combined, these innovations support sustained price premiums and help maintain the trajectory of the genetically modified seeds market size through 2030. 

Genetically Modified Seeds Market: Market Share by Trait
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Geography Analysis

North America held a 39% share of the genetically modified seeds market in 2024. This market leadership results from established regulatory approvals, high farmer adoption rates, and comprehensive trait licensing systems. The United States maintains GM crop cultivation across most of its corn and soybean acreage, providing consistent market revenues. Recent regulatory developments further strengthen the regional market, as evidenced by the 2024 approval of HB4 wheat, a drought-tolerant hybrid, making the United States the fourth country globally to approve its production [3]Source: Bioceres Crop Solutions, "Bioceres Crop Solutions Receives Green Light for Cultivation of Drought Tolerant HB4 Wheat in the United States", biocerescrops.com . The market benefits from premium pricing on stacked-trait seeds, which remains stable despite fluctuations in commodity prices, while emerging carbon-credit programs provide additional revenue opportunities for farmers. The harmonized regulations between the United States and Canada facilitate efficient seed distribution, while Mexico's evolving policies create new opportunities for the adoption of GM corn hybrids.

Asia-Pacific represents the most transformational outlook. China’s go-ahead for GM corn and soybeans sets the stage for multi-million-hectare uptake, adding significant volume to the genetically modified seeds market size. India, already a Bt cotton stronghold, is inching toward commercial GM mustard amid legal debates. Yet, enforcement gaps remain, as illegal GM maize detected in processed foods shows. Smaller Southeast Asian economies weigh food-security benefits against export concerns, so companies must craft localized communication and stewardship programs. Overall, the region’s 8.7% CAGR anchors the medium-term global growth narrative.

South America benefits from Brazil’s dynamic approvals and export-oriented farm structure. Rapid adoption of Intacta2 Xtend soybeans validates the farmer's appetite for technology that cuts passes and meets buyer mandates. Argentina’s blockchain-tracked HB4 wheat proves that climate-resilient traits can win consumer acceptance when traceability is transparent. Political alignment around agricultural competitiveness, combined with favorable agronomics, should keep the region’s CAGR ahead of the global mean.

Genetically Modified Seeds Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Bayer AG, Corteva Agriscience, Syngenta Group, BASF SE, and Limagrain are the major players, collectively holding around 58.6% share of the genetically modified seeds market, a level that implies moderate market concentration as of 2024. Bayer AG, leveraging integrated chemistry and seed offerings that bundle herbicide programs with multi-trait hybrids. Corteva Agriscience also held a significant market share, offering digital agronomy platforms that utilize field data to inform seed-trait choices and enhance loyalty. Syngenta’s expansion in Asia-Pacific complements its European presence, while BASF SE invests heavily in biological seed coatings to diversify revenue beyond genetic traits. 

Strategic focus centers on patent portfolios, where cross-license deals secure stack components and block rivals. Large players also invest in proprietary distribution and farm-gate financing to lock in repeat sales. Regional challengers such as Yuan Longping High-Tech and Mahyco exploit local breeding expertise and government relationships to defend their home turf against multinational giants. Gene-editing alliances with research institutes aim to accelerate the development of niche traits without incurring the full costs of transgenic approval. 

Mergers remain under antitrust watch, nudging firms toward joint ventures rather than outright acquisitions. Investment in supply-chain traceability tools grows, ensuring compliance with evolving export and labeling regulations.

Genetically Modified Seeds Industry Leaders

  1. Bayer AG

  2. Corteva Agriscience

  3. BASF SE

  4. Limagrain

  5. Syngenta Group

  6. *Disclaimer: Major Players sorted in no particular order
Global Genetically Modified Seeds Market Concentration
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Recent Industry Developments

  • August 2024: The United States Department of Agriculture has approved Bioceres Crop Solutions’ drought‑tolerant HB4 wheat after a Regulatory Status Review found it poses no increased plant‑pest risk. This decision, which aligns with a prior favorable FDA review for food and feed use, clears the path for United States cultivation.
  • January 2023: Yuan Longping High-tech Agriculture in China has obtained biosafety certificates for its genetically modified (GM) corn and soybean seeds, enabling their commercial cultivation. The company developed the GM corn in collaboration with the Biotechnology Research Institute of the Chinese Academy of Agricultural Sciences. The modified corn demonstrates enhanced resistance to primary corn pests and tolerates glyphosate herbicide at four times the standard dosage. The GM soybean, developed by Hangzhou Ruifeng Bioscience, where Yuan Longping High-tech holds shares, features resistance to soybean pests.
  • January 2023: JK Agri Genetics Limited introduced a new cotton hybrid, JKCH-9555, in the big boll segment. This hybrid is part of their efforts to expand their offerings in the cottonseed market, particularly in the central and southern cotton belts of India.

Table of Contents for Genetically Modified Seeds Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Consolidation of seed and trait ownership among top multinationals
    • 4.2.2 Rapid adoption of stacked-trait corn and soybean
    • 4.2.3 Relaxation of gene-editing regulations
    • 4.2.4 Integration of biological seed coatings that enhance GM trait expression
    • 4.2.5 Climate-resilient GM seeds aligned with carbon-credit revenue models
    • 4.2.6 Introduction of insect-resistant cotton for low-input regenerative systems
  • 4.3 Market Restraints
    • 4.3.1 Escalating litigation over patents and breeders' rights
    • 4.3.2 Rapid spread of herbicide-resistant weeds pressuring trait premiums
    • 4.3.3 Stringent labeling mandates in the European Union and emerging African markets
    • 4.3.4 Surge in premium-priced organic and non-GMO consumer categories
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Suppliers
    • 4.6.3 Bargaining Power of Buyers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value and Volume)

  • 5.1 By Crop Type
    • 5.1.1 Rice
    • 5.1.2 Corn
    • 5.1.3 Soybean
    • 5.1.4 Canola, Rapeseed and Mustard
    • 5.1.5 Alfalfa
    • 5.1.6 Cotton
    • 5.1.7 Potato
    • 5.1.8 Eggplant
    • 5.1.9 Others
  • 5.2 By Trait
    • 5.2.1 Herbicide-Tolerant Hybrids
    • 5.2.2 Insect-Resistant Hybrids
    • 5.2.3 Stacked Traits
    • 5.2.4 Other Traits
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 South America
    • 5.3.2.1 Brazil
    • 5.3.2.2 Argentina
    • 5.3.2.3 Rest of South America
    • 5.3.3 Europe
    • 5.3.3.1 Spain
    • 5.3.3.2 Portugal
    • 5.3.3.3 Romania
    • 5.3.3.4 Rest of Europe
    • 5.3.4 Asia-Pacific
    • 5.3.4.1 China
    • 5.3.4.2 India
    • 5.3.4.3 Japan
    • 5.3.4.4 Australia
    • 5.3.4.5 Rest of Asia-Pacific
    • 5.3.5 Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 Nigeria
    • 5.3.5.3 Egypt
    • 5.3.5.4 Rest of Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
    • 6.4.1 Bayer AG
    • 6.4.2 Corteva Agriscience
    • 6.4.3 Syngenta Group
    • 6.4.4 Stine Seed Farm, Inc.
    • 6.4.5 BASF SE
    • 6.4.6 Limagrain
    • 6.4.7 JK Agri Genetics Limited
    • 6.4.8 Mahyco
    • 6.4.9 Nufarm
    • 6.4.10 Nath Bio-Genes (I) Ltd
    • 6.4.11 Rasi Seeds
    • 6.4.12 Yuan Longping High-Tech Agriculture Co., Ltd.
    • 6.4.13 Dabeinong Technology Group

7. Market Opportunities and Future Outlook

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Global Genetically Modified Seeds Market Report Scope

By Crop Type
Rice
Corn
Soybean
Canola, Rapeseed and Mustard
Alfalfa
Cotton
Potato
Eggplant
Others
By Trait
Herbicide-Tolerant Hybrids
Insect-Resistant Hybrids
Stacked Traits
Other Traits
By Geography
North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe Spain
Portugal
Romania
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
Africa South Africa
Nigeria
Egypt
Rest of Africa
By Crop Type Rice
Corn
Soybean
Canola, Rapeseed and Mustard
Alfalfa
Cotton
Potato
Eggplant
Others
By Trait Herbicide-Tolerant Hybrids
Insect-Resistant Hybrids
Stacked Traits
Other Traits
By Geography North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe Spain
Portugal
Romania
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
Africa South Africa
Nigeria
Egypt
Rest of Africa
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Key Questions Answered in the Report

What is the current genetically modified seeds market size?

The genetically modified seeds market size is USD 25.2 billion in 2025.

Why are stacked traits growing so quickly?

Stacked traits combine herbicide tolerance and insect resistance in a single seed, cutting input costs and boosting convenience, which drives a 10.9% CAGR through 2030.

Which region shows the fastest growth?

Asia-Pacific leads with an 8.7% CAGR between 2025 and 2030, driven by China’s recent approvals for GM corn and soybean.

What major challenge could slow market growth?

The rapid spread of herbicide-resistant weeds threatens the profitability of herbicide-tolerant traits, pushing developers to invest in new mechanisms and stewardship programs.

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