Demand for GMO corn in Feed & Residual Applications to Gain Traction

Weather conditions across the globe are undergoing fluctuations which
tend to hinder the agricultural produce. Agriculturists have
acknowledged this global change and are working progressively towards
finding solutions to enhance the farm yield with the changing weather
conditions. New techniques are being developed and adopted in
agricultural sector. Maize corn cultivation has undergone drastic change
in the recent past which resulted in introduction of genetically
modified organisms (GMO).

GMO maize crops are cultivated as maize
is highly demanded as a major source of energy. Farmers are increasingly
adopting new bioengineering technologies to enhance the produce. This
trend encourages biotech companies to partner with stake holders in the
agricultural sector. Governments across the globe are encouraging GMO
techniques which provide GMO corn
greater penetration in agricultural sector. However, the growth of the
GMO corn market faces challenges in terms of biotoxins that are present
in such crops.

To provide an in-detailed analysis of the
potential opportunities, the research report takes into consideration of
the several growth factors across different regional segments. The
important geographical segments of the global GMO corn market are as
follows:

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

The
detailed research report on the global GMO corn market focuses on the
macro as well as microeconomic factors that are helping its development.
The report also concentrates on the regulatory framework that is
shaping the future of the global market. Furthermore, the research
report also makes not of the existing as well as prevailing pricing
structure, emerging areas of applications, and imminent investment
opportunities in the global market. The report also offers an in-depth
analysis of how the projected growth factors will shape the market
dynamics in the coming years of the forecast period. Moreover, it also
gives meaningful as well as actionable insights on the key trends that
are developing the current market scenario and which will be lucrative
for the future of the global GMO corn market.

Stacked trait will witness prominent growth

Latest
Fact.MR report predicts the global GMO corn market to grow at 9.2% CAGR
during the forecast period 2017-2026. 1,800 million units is the
expected consumption volume at the end of forecast period.

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GMO
technology is employed in corn production for its benefits like
decrease in application of pesticides. Farmers who have adopted these
techniques are known to make benefits with corn production in
unfavorable times. Other potential benefit is reduction in mycotoxins
which is observed in disease-resistant crops.

Different types of
traits are present in GMO corns which are herbicide tolerant, insect
tolerant and stacked. Insect tolerant trait is expected to expand with
9% CAGR in the coming years. GMO corn with stacked traits that include
insect tolerance and herbicide are anticipated to witness sale of more
than 1000 million units by the end of forecast period. Global market can
be segmented on the basis of sales channel into direct sales,
convenience stores, modern trade and e-retailers. The report highlights
direct sales to sell majority of GMO coming future. 380 million units
were estimated to be directly sold to consumers in the year 2017. Modern
trade is gaining prominence as sales channel and is anticipated to grow
at 8.9% CAGR.

The research report on the global GMO corn market
also provides an in-detailed analysis of the overall vendor landscape.
The report analyzes the key marketing and promotional strategies adopted
by the leading companies in the global market. Furthermore, it takes
into consideration the existing development, past events, and recent
trends to provide a strong and unbiased opinion on the future direction
in which these leading companies will be heading into. To back its
opinion, the research report covers all the factors and events such as
mergers, acquisitions, takeovers, joint ventures, and strategic
alliances. It also analyzes the entry barriers and overall intensity of
the competition in the global GMO corn market. Some of the key players
mentioned in the research report are

• AgReliant Genetics LLC
• BASF SE
• Bayer CropScience AG
• Dow AgroSciences LLC
• I DuPont De Nemours and Company
• Canterra Seeds Holdings Ltd.
• Syngenta AG
• Groupe Limagrain Holding SA
• Monsanto Company
• KWS SAAT SE
• Land O’Lakes, Inc.

The
research report also offers a great insight on the working dynamics of
individual segment of the global GMO corn market. The research report
covers the business growth opportunities for the following vital
segments:

• Direct Sales
• Modern Trade
• Convenience Store
• E-Retailers

Residual application increases global sale

Although
different food applications are witnessing growth, none of them is
expected to hold some major market share and dominate the market. The
applications like residual application and feed production are expected
to exceed the global sale of 760 million units by the end of forecast
period. North America is turning out to be the leader in GMO corn
consumption. The expansion of the North American market of GMO corn can
be dedicated to the factors like increased consumer acceptance of GMO
corn in regions like Canada and US. Asia-Pacific excluding Japan (APEJ)
is known to lead the world in GMO corn production.

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In terms of type of traits, the global GMO corn market can be segmented into:

• Herbicide Tolerant
• Insect Tolerant
• Stacked (HT+IT)