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Molecular Breeding Market Size (2024 - 2029)

The molecular breeding market is anticipated to experience significant growth, driven by advancements in biotechnology that expedite the development of new crop varieties. This market's expansion is facilitated by tools like marker-assisted selection, which enhance the efficiency of trait selection. Although still in its early stages, the adoption of molecular breeding techniques is already prevalent in regions such as the Netherlands and the UK. The market's growth is supported by reduced costs in genetic research and increased funding from both private and public sectors. The Asia-Pacific region is expected to lead in market growth during the forecast period.

Market Size of Molecular Breeding Industry

Molecular Breeding Market Size
Study Period 2019 - 2029
Market Size (2024) USD 8.23 Billion
Market Size (2029) USD 18.91 Billion
CAGR (2024 - 2029) 18.10 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Molecular Breeding Market Major Players

*Disclaimer: Major Players sorted in no particular order

Molecular Breeding Market Analysis

The Molecular Breeding Market size is estimated at USD 8.23 billion in 2024, and is expected to reach USD 18.91 billion by 2029, growing at a CAGR of 18.10% during the forecast period (2024-2029).

The process of developing new crop varieties almost takes around 20- 25 years but this time limit can be shortened to almost 7-8 years by using biotechnology. Tools like marker-assisted selection (MAS) make it easier and faster for the scientist to select plant traits with more productive results. Molecular breeding technology is in the nascent stage. Netherland and UK witnessed 100% adoption of molecular breeding techniques for new crop variety. Major players in seed companies have been adopting these technologies for improvement in seed varieties. The decline of prices in the genetic and research departments leads to the improvement of the market. Funds flow from private as well as public sectors towards plant breeding and genetic research such as genomic selection in field and vegetable crops and application of MAS will gear up the market in the future. The molecular breeding market is projected to grow highest in the Asia-Pacific region during the forecast period.

Molecular Breeding Industry Segmentation

Marker-assisted selection (MAS) was estimated to dominate the molecular breeding market in the forecasting period. The report covers an extensive study of segments and factors driving the growth of the commercial molecular breeding market. An in-depth analysis of the futures market and trend was exclusively measured in this report. Factors driving region-wise analysis are also covered with great observations.The report includes market shares of the Molecular Breeding market for global, Europe, North America, Asia Pacific, South America and the Middle East & Africa.

On basis of application
Plant
Livestock
On basis of marker
Simple sequence repeat
Single nucleotide polymorphism
Expressed sequence tags
Others
On basis of molecular breeding process
Marker assisted selection
QTL Mapping
Marker assisted back crossing
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United kingdom
France
Russia
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Rest of World
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Molecular Breeding Market Size Summary

The molecular breeding market is poised for significant growth, driven by advancements in biotechnology that streamline the development of new crop varieties. This market is in its early stages, with countries like the Netherlands and the UK leading in the adoption of molecular breeding techniques. The use of tools such as marker-assisted selection (MAS) has accelerated the process of selecting plant traits, enhancing productivity and efficiency. The decline in costs associated with genetic research and the influx of funding from both private and public sectors are propelling the market forward. The Asia-Pacific region is expected to experience the highest growth rate, fueled by increasing investments in countries like India, China, and Thailand.

Globally, the demand for food production is rising rapidly, with molecular breeding playing a crucial role in improving crop yields. The introduction of DNA-based markers and new breeding technologies has created a dynamic market landscape. North America and Europe currently hold significant shares of the market, supported by high yields in wheat and maize production and growing awareness among farmers. The presence of major companies in these regions has facilitated the adoption of molecular breeding practices. The market is highly fragmented, with key players employing strategies such as product development, mergers, and partnerships to strengthen their market presence. Companies like Syngenta are leveraging advanced genotyping platforms to enhance their breeding pipelines, aiming for improved yield potential.

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Molecular Breeding Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

    4. 1.4 Market Restraints

    5. 1.5 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 On basis of application

      1. 2.1.1 Plant

      2. 2.1.2 Livestock

    2. 2.2 On basis of marker

      1. 2.2.1 Simple sequence repeat

      2. 2.2.2 Single nucleotide polymorphism

      3. 2.2.3 Expressed sequence tags

      4. 2.2.4 Others

    3. 2.3 On basis of molecular breeding process

      1. 2.3.1 Marker assisted selection

      2. 2.3.2 QTL Mapping

      3. 2.3.3 Marker assisted back crossing

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

        4. 2.4.1.4 Rest of North America

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Russia

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 South Korea

        5. 2.4.3.5 Rest of Asia-Pacific

      4. 2.4.4 Rest of World

Molecular Breeding Market Size FAQs

The Molecular Breeding Market size is expected to reach USD 8.23 billion in 2024 and grow at a CAGR of 18.10% to reach USD 18.91 billion by 2029.

In 2024, the Molecular Breeding Market size is expected to reach USD 8.23 billion.

Molecular Breeding Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)