loading...

Market growth for gene-edited crops is expected to blow up in the year 2023

Market growth for gene-edited crops is expected to blow up in the year 2023

Print Print Email Email

A group of cutting-edge technology known as gene editing (GE) is used to change specific parts of an organism's DNA. Both the public and corporate sectors make considerable use of it to create desirable new features in crops. More than five hundred products are now being created using the technology on a global scale. These products are at various phases of development. Both conventional and cutting-edge plant breeding approaches as well as genetically modified plants compete to improve plant genetics, and the market for gene-edited goods and traits is extremely competitive (GMs).

With few items in the pre-commercialization stage and half of the products in the advanced research phase, the private sector currently contributes more than forty percent of the total product development. With gene editing, the research focus is more diverse in terms of crops and traits. For instance,

  • In terms of vegetables, Sanatech Seed began selling GABA tomatoes in 2021 in Japan. It is anticipated that Pairwise's ConsciousTM Foods line of gene-edited green leafy vegetables, which has been tweaked to improve the palatability, flavour, and colours for healthy snacking options, would hit the USA market through retail channels and restaurants in 2023. However, the categories of grains and oilseeds account for 55% of the products, continuing to dominate crop-based product development.
  • The mustard green from the company is a fresh spin on a leafy green that hasn't been seen on many menus due to its intense fragrance and bitter taste. Pairwise seeks to create a nutritious and tasty substitute for kale and Brussels sprouts using CRISPR modifications.

The biggest obstacle to the adoption and effective commercialization of technology will continue to be the harmonisation of GE regulatory laws in the major agricultural exporting and importing countries. This technique is unobstructed in the USA, Brazil, Colombia, Israel, Chile, Argentina, Paraguay, and Ecuador. When used to modify a genome by the addition or deletion of base pairs, these nations view gene editing as being similar to traditional breeding.

Soon after leaving the EU, the UK started removing itself from the CJEU judgment (Court of Justice of the European Union) on genetically modified crops. The majority of genome-edited crops have not been classified as transgenic by other nations, including Japan. The regulation of genome-edited crops may depend heavily on China's stance on the issue. Due to significant investments in genome editing, China published twice as many papers on agricultural applications of CRISPR as the US in 2019. Several nations in South America, are moving in the direction of the Argentina model, which exclusively regulates plants with permanently inserted foreign DNA in their genomes.

Yet, a new regulatory framework for plants created utilising gene-editing methods is being created by the European Union, China (mainland), and the United Kingdom.

The competition for GE products is fierce. Plant breeding methods that are both traditional and cutting-edge, as well as genetically modified plants, compete to improve plant genetics. Product development involves equal contributions from the public and private sectors. Yet, a sizable portion of the public sector’s offerings is still in the phase of infancy.

  • Businesses like Dole are looking for other solutions to the problems Fusarium TR4 has caused in their crops. In lab trials, the gene-edited bananas can tolerate high dosages of the fungus. They will now be produced and evaluated in Dole's nurseries before being relocated into fields that are no longer in use due to fungus infection. Other startups are also rushing to put gene-edited bananas to the test.
  • As climate change makes it more difficult to grow crops, Elo Living Systems anticipates that similar efforts will be required for other foods. Elo's skills and understanding in this field are being hailed to assist tackle other climate change concerns that endanger important crops, ensuring a bountiful supply of healthy and delicious foods for future generations. Corteva Agriscience, Yield10 Bioscience, Inari Agriculture, Benson Hill, Arcadia Biosciences, and Calyxt are the most active businesses in the field of agricultural gene editing. Companies are using gene editing to generate a variety of traits for biotic stress resistance and changed composition, plant yield, and abiotic stress tolerance, which were previously only possible in GMOs and were input-oriented attributes. Gene-editing techniques are also being used to produce traits for bioenergy crops, and businesses are forming alliances in the bioenergy sector. BioIntel360 suggests that small gene-editing companies must work in partnership with others to commercialise their products since they have a limited market presence, fewer financial and technical resources, fewer R&D locations, and fewer seed storage facilities. Because of competition from major firms, there is already a change in their business practices, particularly in row crops.

Featured Research

BioIntel360