South America Transgenic Seeds Market – Size, Outlook, Trends and Forecast (2024 – 2032)

The transgenic Seeds key role is to protect crops from pests & improving their yield by improving investments on transgenic seeds technique. Transgenic Seeds are known as genetic traits which are genetically modified by changing DNA using genetic engineering techniques, which are used in agriculture. To maintain the demand for higher food production with increasing agricultural input consumption across the world, farmers are focusing on boosting crop production & their nutrient values. We can improve return on investments by Transgenic Seeds technique.

South America Transgenic Seeds Market Size & Growth:

South America transgenic seeds market was valued to be nearly $xx billion in 2017 and is projected to reach over $xx billion by the end of 2025 with a CAGR of almost xx% during forecasting period. The factors that are driving Transgenic Seeds Market are an increase in global population & food requirements, the rise in the cost of fertilisers & Pesticides and easier residue management. Cost of Fertilizers & Pesticides is increasing day by day and farmers are not in a stage to afford to buy them & they lost faith in pesticides & fertiliser. Since, all the insecticides, pests & others are getting more resistance after their use. So, they required Transgenic Seeds which has resistance towards insecticides, pests & others. Since we are having less area of land for agriculture to produce & population is increasing rapidly. After comparing the ratio of both Food Production and Population. Food Production ratio is too less. So, to maintain an equal balance