Preliminary analysis by AgbioInvestor's free to access service GM Monitor has shown that the global GM crop area, including government supplied and farmer saved seed, rose by 1.9% to reach 206.26 million hectares in the 2023 agricultural year.

At the regional level, growth was driven by South America (+4.1%) followed by Rest of World (+3.3%), which more than offset area declines in North America (-0.1%), Asia (-0.2%) and Europe (-31.2%). On a crop basis, the strongest rate of growth of crops cultivated on a sizeable area was maize (+4.5%), followed by canola (+2.9%) and soybean (+1.9%). In 2023, the USA remained the leading country in terms of GM area, with 74.4 million hectares (-0.4%) cultivated in 2023. Brazil, the second-largest GM area, experienced growth of 5.9% to reach 66.9 million hectares.