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GM Soybean Seed Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

GM Soybean Seed Production Market Research Report | Life Sciences | Food Science | Sep 2013

Cream of the crop: Export growth and demand from biofuel will boost GM seed production

IBISWorld’s GM Soybean Seed Production market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
DuPont DuPont market share
Garst Seed Co. Garst Seed Co. market share
Monsanto Monsanto  market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
9.4%
Annual Growth 13-18
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Profit
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Employment
2,836
Businesses
9
Industry Analysis & Industry Trends

The GM Soybean Seed Production industry has grown in the five years to 2013, with demand for biofuel and related regulations supporting this growth. Imports have threatened the industry, however, and some regulations have harmed as well as helped growth. In the five years to 2018, growth will continue, though more moderately; demand from biofuel producers and developing economies will support the industry during this period.... purchase to read more

Industry Report - Industry Products Chapter

The few large agribusiness firms that operate in this industry offer a variety of seeds that can most easily be broken into three groups based on what herbicides they are engineered to resist. Genetically modified (GM) seeds that are able to tolerate herbicides dominate, making up 93.0% of all US-grown soybean seeds in 2013.

Glyphosate-resistant soybean seeds

Glyphosate-resistant soybean seeds are the most widely used seed in the United States due to the heavy use of the glyphosate-based herbicides. Glyphosate is the active ingredient in Monsanto's Roundup herbicide, so its Roundup Ready soybean seed is one of the most widely used products in this industry. Glyphosate-resistant crops such as soybeans were introduced in 1996... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the GM Soybean Seed Production Industry?

Establishments in this industry manufacture genetically modified (GM) seeds and supply them to farming industries, ranging from corn growers to horticultural producers.

Industry Products
Glyphosate-resistant soybean seedsGlufosinate-resistant soybean seeds
 
Industry Activities
Researching and developing new soybean seed varietiesProducing soybean seed varietiesMarketing and selling soybean seeds


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