The global market for genetic engineering in agriculture market was strong in 2021 and is expected to have a high revenue compound annual growth rate in the coming years. Factors that are driving growth include genetic engineering's ability to improve crop yield, enhance food quality, reduce the need for pesticides and protect crops from diseases. The development of new genetic engineering techniques such as CRISPR and an increased awareness of gene editing benefits in agriculture are also expected to contribute to growth. Adoption of genetic engineering will continue to grow, as it allows for faster production of diverse crops and development of new foods with desired traits. Gene editing techniques have resulted in more crops, better food quality and improved resistance to environmental stressors. However, concerns about food safety risks and negative effects on ecosystems have slowed the adoption of genetically modified crops. Companies are developing genetically engineered plants to produce vaccines and to detoxify soil pollutants, which is expected to create opportunities in the market. The use of CRISPR technology in agriculture is expected to grow, particularly in the fruits and vegetable segment. North America is expected to account for the largest revenue share in the global market due to its growth in the agricultural sector, the use of genetic editing techniques in agricultural practices, and rising food demand.

Get a sample copy of the genetic engineering in agriculture market report: https://www.reportsanddata.com/download-free-sample/4940

Genetic Engineering in Agriculture Market: Drive factors

The global genetic engineering in agriculture market is driven by several key factors, including:

1.      Increasing application of genetic engineering: Genetic engineering is being increasingly used in agriculture to improve crop yield, reduce the use of pesticides, protect crops from diseases and infections, and enhance nutrient composition and food quality. This trend is expected to drive revenue growth of the market over the forecast period.

2.      Advancements in genetic engineering techniques: The advent of next-generation genetic engineering techniques, such as CRISPR, has enabled the production of more crops, streamlining of development of new foods with desired traits, and increased growth rate of crops. These advancements are expected to drive adoption of advanced solutions in agriculture, and further boost revenue growth of the market.

3.      Increased crop production: Genetic engineering offers a quicker and more precise way to breed crops with certain desirable traits, enhanced nutritional value, longer shelf life, and increased resistance to drought, pests, and frost. This has led to reduction in overall production costs, use of less chemical pesticides, and reduced water consumption, which in turn enables countries to cater to rising food demand.

4.      Rising awareness regarding benefits of gene editing in agriculture: As people become more aware of the benefits of gene editing in agriculture, there is expected to be a greater demand for genetically modified crops. This trend is expected to drive revenue growth of the market over the forecast period.

5.      Integration of genetic editing techniques in agricultural practices: The rapid integration of genetic editing techniques in agricultural practices is expected to drive revenue growth of the market in the coming years, especially in North America, where there is a growing demand for food and a robust agricultural sector.

Explore Trending Reports:

global-infection-control-market; https://www.reportsanddata.com/report-detail/global-infection-control-market

global-pharmaceutical-packaging-market: https://www.reportsanddata.com/report-detail/global-pharmaceutical-packaging-market

power-rental-market: https://www.reportsanddata.com/report-detail/power-rental-market

ceramic-filtration-membrane-market: https://www.reportsanddata.com/report-detail/ceramic-filtration-membrane-market

cross-laminated-timber-market: https://www.reportsanddata.com/report-detail/cross-laminated-timber-market        

Request a customization of the report: https://www.reportsanddata.com/request-customization-form/4940

Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.

About Reports and Data    

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @ https://www.reportsanddata.com/report

Browse Latest Blogs: https://www.reportsanddata.com/blogs

Browse Latest Press Release: https://www.reportsanddata.com/press-release