Crops segment leaded the global genetically modified foods market by grabbing the largest market share in 2017. Furthermore, Crops market is predicted to grow at a CAGR of 15% during the forecast period. The growing use of biotechnology in crop production is boosting the market for genetically modified crops. A significant rise in the global production of genetically modified crops such as soya, cotton, maize etc. is driving the growth in the global genetically modified crops market for the forecast period.
North America leads the global genetically modified foods market attributed to the fact that the United States & Canada are the leading producers of Genetically Modified crops across the globe.