Global Bt Cotton Market is expected to grow at a compound annual growth rate of XX.XX% over the period 2016 to 2021. Bt cotton plants contain Bacillus thuringiensis that produces Cryproteins (crystal insecticidal proteins). These proteins are effective in killing caterpillar pests of cotton such as the larvae of tobacco budworms and bollworms. Growing need for reduction in worker and environmental exposure to chemical insecticides is one of the key drivers of global Bt cotton market. Recently, there has been a decline in the technology fee as well as the seed cost for Bt cotton, thereby positively impacting the market growth worldwide. High investment in R&D activities to develop new genes for insertion into cotton plant DNA for improving agronomic traits and pest control characteristics will provide a great opportunity for the expansion of global Bt cotton market in the next five years. Moreover, the high cost of insecticidal control of certain caterpillar pests will propel the growth of global Bt cotton market.
Geographically, North America holds the largest market share while the APAC region is anticipated to witness the fastest regional market growth during the forecast period. This growth is majorly attributed to expanding Bt cotton market in India due to unfavorable weather conditions coupled with high demand for cotton, especially by the emerging handloom industry. Furthermore, use of Bt cotton plants raises the disposable incomes and save the time of farmers, thereby bolstering the market growth. However, the growth of Bt cotton market will be restrained by factors such as low effectiveness of the Bt gene after a few days and ineffectiveness against sucking pests (aphids, jassids, whitefly, etc.)
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Bt Cotton. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Global Bt cotton market has been segmented by geography as Americas, Europe Middle East and Africa, and Asia Pacific. Important countries for vendors in terms of market size are covered through detailed geographical segmentation.
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others.