What Does the Historical and Current Molecular Breeding Market Size Trend Indicate?
The molecular breeding market has seen considerable growth due to a variety of factors.
•The size of the molecular breeding market has expanded swiftly in the past few years. It’s predicted to surge from $4.08 billion in 2024 to $4.85 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 18.9%.
The historic period's growth is ascribed to the rise of marker-assisted selection (mas), the employment of biotechnological equipment, enhancements in phenotyping methodologies, a transition to high-throughput screening, and a revolution in the seed industry.
How Will the Molecular Breeding Market Size Evolve over the Forecast Period?
The molecular breeding market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the molecular breeding market is likely to experience accelerated expansion, with its value projected to reach "$9.28 billion by 2029, with a compound annual growth rate (CAGR) of 17.6%.
Factors contributing to this growth during the forecast period include an increased need for disease-resistant strains, a focus on adapting to climate change, the challenges of a growing population and food security, a preference among consumers for high-quality variants, and regulatory backing for biotechnology. The future trends include consumers' drive for enhanced varieties, the implementation of AI and machine learning, the advent of bioinformatics solutions, collaborations between the public and private sectors, and an emphasis on climate-adaptable varieties.
Which Factors Are Boosting Growth In The Molecular Breeding Market?
The anticipated growth of the molecular breeding market is set to be fueled by the escalated cultivation of industrial and high-value crops. Industrial and high-value crops are those targeted by agribusinesses due to their significant market value, brought about by their diverse industrial uses. Molecular breeding offers a method to produce these high-value crops by bestowing superior characteristics to plants, such as resistance to disease, high crop yields, and resilience against drought. Therefore, this rise in cultivation of industrial and high value crops is forming a solid backbone for the expansion of the molecular breeding market. The Department for Environment, Food, and Rural Affairs, a government department in the UK, reported that there was a surge in harvested production - from £4,045 million ($5,245 million) in 2021, it shot up to £6,102 million ($7,912 million) in 2022. This evidence clearly showcases how the increased cultivation of industrial and high-value crops is boosting the growth of the molecular breeding market.
What Key Areas Define The Segmentation Of The Global Molecular Breeding Market?
The molecular breeding market covered in this report is segmented –
1) By Process: QTL Mapping, Marker-Assisted Selection, Marker-Assisted Backcrossing, Genomic Selection, Other Process
2) By Marker Type: Single Sequence Repeats (SSR), Single Nucleotide Polymorphism (SNP), Other Marker Type
3) By Application: Crop Breeding, Livestock Breeding
Subsegments:
1) By QTL Mapping: Trait Mapping, Population Development, Phenotypic Data Collection, Genotypic Data Analysis, Other QTL Mapping Techniques
2) By Marker-Assisted Selection: Single Marker Selection, Multiple Marker Selection, Genomic Selection Markers, Other Marker-Assisted Selection Techniques
3) By Marker-Assisted Backcrossing: Backcrossing Protocols, Selection Of Donor and Recurrent Parents, Evaluation of Progeny, Other Backcrossing Techniques
4) By Genomic Selection: Genomic Prediction Models, Genotyping Technologies, Trait Prediction Accuracy, Other Genomic Selection Techniques
5) By Other Process: CRISPR-Cas9 Gene Editing, Transgenic Breeding Techniques, Synthetic Biology Applications, Other Emerging Molecular Breeding Processes
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How Are Emerging Trends Reshaping The Dynamics Of The Molecular Breeding Market?
Major firms in the molecular breeding market have turned their attention to the creation of sophisticated systems like integrated systems to bolster crop yield, strengthen disease resistance, and speed up the breeding mechanism using cutting-edge genetics technologies. An integrated system can be defined as a unified structure that amalgamates different components or procedures into a single, unified operation, easing interaction and boosting efficiency across all tasks. To illustrate, MGI Tech, a biotechnology company based in China, unveiled a comprehensive solution for large-scale low-pass whole genome sequencing (WGS) in June 2024. This forward-thinking creation aims to optimize molecular breeding and genotyping processes for agricultural diploid species. Principal characteristics encompass a full-process product portfolio that is automated, the ability to handle high throughput, and state-of-the-art sequencing equipment.
Who Are the Key Players in the Molecular Breeding Market?
Major companies operating in the molecular breeding market include:
• Illumina Inc.
• LGC Group Limited
• Eurofins Scientific SE
• Thermo Fisher Scientific Inc.
• SGS Société Générale de Surveillance S.A.
• Intertek Group plc
• DanBred P/S
• LemnaTec GmbH
• Charles River Laboratories International Inc.
• Slipstream It Solutions Private Limited
• Fruitbreedomics B.V.
• Campbell Scientific Inc.
• Keygene N.V.
• KWS SAAT SE & Co. KGaA
• Genus plc
• Groupe Limagrain
• Syngenta Group
• Bayer Aktiengesellschaft
• Corteva Agriscience
• BASF SE
• Dow AgroSciences LLC
• Monsanto Company
• Pioneer Hi-Bred International Inc.
• Agilent Technologies Inc.
• QIAGEN N.V.
• Bio-Rad Laboratories Inc.
• Merck KGaA Darmstadt
• GenScript Biotech Corporation
• Genewiz Inc.
• Eurogentec S.A.
• Integrated DNA Technologies Inc.
• Novogene Corporation Limited
• BGI Group
What Is The Most Dominant Region In The Molecular Breeding Market?
North America was the largest region in the molecular breeding market in 2024.Asia-pacific is expected to be the fastest-growing region in the global molecular breeding market report during the forecast period. The regions covered in the molecular breeding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
