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GMO Crops Market by 2025- Automotive & Transportation Segment to generate Largest Share

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Global GMO Crops Market valued approximately USD 24.6 billion in 2017 is anticipated to grow with a healthy growth rate of more than 8.41% over the forecast period 2018-2025.

Global GMO Crops Market valued approximately USD 24.6 billion in 2017 is anticipated to grow with a healthy growth rate of more than 8.41% over the forecast period 2018-2025.

The major driving factor of global Genetically Modified Crops (GMO) market are increase in agriculture productivity and decrease in need for harmful pesticide. In addition, increasing investment in the field of biotechnology research and development.

The major restraining factors of global GMO Crops is possible health issues like allergies and stringent government regulation. Moreover, the low consumer awareness is another major restraining factor that negatively impact the market.

 

See full article at Technology Market Reports

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