What is the size of Genetically Modified Food Market?
According to 6Wresearch internal database and industry insights,
Global Genetically Modified (GM) Food Market was estimated at
USD 22 billion in 2024 and is projected to reach
USD 31.82 billion by 2031, growing at a
CAGR of 5.9% during the forecast period 2025â2031.
As the market is driven by rising global food demand, crop yield improvements, and enhanced resistance to pests and climate-related challenges, the genetically modified food market is predicted for the strong growth in the coming years.
Key Growth Drivers of the Genetically Modified Food Market
- Increasing need for higher agricultural productivity to meet food security demands
- Rising resistance to pests, diseases, and drought in GM crops
- Favourable government policies and biotechnology advancements
- Growing demand for nutrient-enriched and shelf-stable food
- Expansion of GM crop cultivation in developing economies
Genetically Modified Food Market Trends
Genetically modified food market is witnessing growth as the adoption of herbicide-tolerant is increasing and insect-resistant crop varieties as well as. Biofortification is gaining attention, especially in regions facing nutritional deficiencies. There is a growing debate around labelling and transparency, influencing consumer awareness and purchase behaviour. The use of CRISPR and gene-editing tools is expanding the types of GM foods available. The development of climate-resilient GM crops is also a key focus among producers.
Emerging Developments in the Genetically Modified Food Market
Genetically modified food market is seeing numbers of developments which include CRISPR-Cas9 innovations enabling precise genetic edits and stacked trait crops combining multiple benefits like drought and pest resistance. Both RNA interference (RNAi) technology is being used to target specific gene expressions in crops. Further, the regulatory changes in several countries are easing commercialization of GM products.
Leading Companies in the Genetically Modified Food Market
- Bayer AG
- Syngenta AG
- Corteva Agriscience
- BASF SE
- KWS SAAT SE
- Limagrain
- DuPont de Nemours, Inc.
- Sakata Seed Corporation
How Big is the Genetically Modified Food Market : FAQs
The GM food market was estimated at USD 22 billion in 2024 and is projected to reach USD 31.82 billion by 2031.
The GM market is expected to grow at a CAGR of 5.7% from 2025 to 2031.
Rising global food demand, improved crop yields, and resistance to environmental stressors are major growth drivers.
Leading companies include Bayer, Syngenta, Corteva, BASF, and KWS SAAT.
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