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Molecular Breeding Market Size, Share, Industry Trends and Forecast to 2030

Molecular Breeding Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.

  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

The Molecular Breeding Market Size & CAGR in 2021:

Market Size and CAGR of Molecular Breeding Market in 2021

The global molecular breeding market is expected to have a growth rate of 4.25% CAGR from 2021 to 2028. The market is anticipated to reach USD 2.5 billion by 2028. Molecular breeding is a method used in plant breeding to select the best traits and develop new varieties through the manipulation of DNA and genetic material.

Market Share Insights:

Based on the application, the crop improvement segment had the largest market share of the global molecular breeding market in 2021. This is due to the increasing demand for high-yielding and disease-resistant crop varieties to meet the growing food demand worldwide.

By Technology:

- Marker-assisted selection - Marker-assisted backcrossing - Genomic selection

By Crop Type:

- Cereals - Fruits & Vegetables - Pulses & Oilseeds

By Region:

- North America - Europe - Asia Pacific - Latin America - Middle East and Africa COVID-19 Impact on the Molecular Breeding Market:

Impact of COVID-19 on the Molecular Breeding Market

The COVID-19 pandemic has had a significant impact on the molecular breeding market. The lockdown restrictions and disruptions in the supply chain have affected the market growth. However, the pandemic has also accelerated the adoption of molecular breeding technologies as the agriculture sector seeks innovative solutions to improve crop productivity.

Market Dynamics:

- Increasing demand for high-yielding and disease-resistant crop varieties - Adoption of advanced molecular breeding technologies - Government investments in agricultural research and development - Growing awareness about sustainable agriculture practices Segments and Related Analysis:

Segments and Related Analysis of Molecular Breeding Market

The molecular breeding market is segmented based on technology, crop type, and region. Marker-assisted selection, marker-assisted backcrossing, and genomic selection are some of the key technologies used in molecular breeding. Cereals, fruits & vegetables, and pulses & oilseeds are the major crop types targeted for improvement through molecular breeding.

By Technology:

- Marker-assisted selection: This technology enables breeders to select plants with desired traits based on genetic markers. - Marker-assisted backcrossing: This approach involves the introgression of desired traits from one plant into another through repeated backcrossing. - Genomic selection: This method uses genomic information to predict the breeding value of plants and select the best candidates for further breeding.

By Crop Type:

- Cereals: Molecular breeding is crucial for developing high-yielding and disease-resistant varieties of staple crops like wheat, rice, and maize. - Fruits & Vegetables: Improved varieties with enhanced taste, shelf life, and nutritional value are in high demand in the fruits and vegetables segment. - Pulses & Oilseeds: Molecular breeding is helping to develop pulse and oilseed varieties with improved yield, quality, and resistance to biotic and abiotic stresses. By Region Analysis:

By Region Analysis of Molecular Breeding Market

The molecular breeding market is analyzed based on regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has its unique market dynamics and growth opportunities in the field of molecular breeding.

North America:

- The North American molecular breeding market is driven by investments in agricultural research and the adoption of advanced technologies in crop improvement.

Europe:

- Europe is a key market for molecular breeding, with a focus on developing sustainable agricultural practices and enhancing food security.

Asia Pacific:

- Asia Pacific is witnessing rapid growth in the molecular breeding market due to the increasing demand for high-quality crops and the adoption of precision agriculture techniques.

Latin America:

- Latin America offers growth opportunities in molecular breeding, especially for developing new varieties of cash crops like soybeans and sugarcane.

Middle East and Africa:

- The Middle East and Africa region are focusing on improving crop yields and resilience to climate change through molecular breeding technologies. Key Market Players and Competitive Landscape:

Key Market Players and Competitive Landscape

Key players in the molecular breeding market include leading biotechnology companies, seed suppliers, and research institutions. Some of the prominent players in the market are Bayer CropScience, Syngenta, DuPont Pioneer, and KWS Saat.

Recent Developments:

- Bayer CropScience announced a strategic partnership with a genomics company to enhance its molecular breeding capabilities. - Syngenta launched a new platform for marker-assisted selection to accelerate the breeding of drought-tolerant crops. - DuPont Pioneer introduced a high-throughput genotyping system for genomic selection in crops. Recent Happenings in the Molecular Breeding Market:

Recent Happenings in the Molecular Breeding Market

The molecular breeding market is witnessing significant advancements and innovations in technologies for crop improvement. Key players are investing in research and development to develop novel varieties with improved traits and resistance to biotic and abiotic stresses.

Key Trends:

- Increasing adoption of precision breeding techniques for trait selection and trait introgression. - Collaboration between public and private sector entities for research and development in molecular breeding. - Focus on developing climate-resilient crops and enhancing food security through advanced breeding technologies. In conclusion, the molecular breeding market is poised for steady growth in the coming years, driven by technological advancements, increasing demand for high-quality crops, and growing investments in agricultural research and development. The market offers lucrative opportunities for players across different regions and crop types, with a focus on sustainability and innovation in crop improvement.

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