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What are the latest figures on the micropropagation market’s size and projected CAGR?
The micropropagation market size has grown rapidly in recent years. It will grow from $1.53 billion in 2024 to $1.69 billion in 2025 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to the demand for disease-free planting materials, conservation of endangered species, crop improvement programs, globalization of agriculture, and increasing awareness among growers.
The micropropagation market size is expected to see rapid growth in the next few years. It will grow to $2.49 billion in 2029 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to the emergence of new plant varieties, biopharmaceutical production, increased focus on sustainable agriculture, expansion of biofuel and biomass production, regulatory support, and intellectual property rights. Major trends in the forecast period include increased integration of artificial intelligence (AI) and automation technologies, expansion into non-traditional crops, digitalization of micropropagation services, expansion of contract micropropagation services, and vertical integration in value chains.
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What are the key forces behind the micropropagation market’s growth in recent years?
The development of horticulture is expected to propel the growth of the micropropagation market going forward. Horticulture is the practice and science of cultivating plants for food, medicinal use, ornamentation, or aesthetic enjoyment. Horticulture is developing due to increasing demand for diverse crops, sustainable agricultural practices, urban green spaces, and ornamental plants, driven by population growth, environmental concerns, and aesthetic preferences. Micropropagation is required for horticulture to efficiently produce large quantities of disease-free plants with desired traits, ensuring consistent quality and genetic uniformity in crop production, ornamental gardening, and conservation efforts. For instance, in June 2024, according to a report published by the Department for Environment Food and Rural Affairs, a UK-based ministerial department, in 2023, the value of home-grown vegetables rose by 10% to just under £1.9 billion ($2.03 billion). The value of field vegetables increased by 12%, amounting to £1.5 billion ($1.60 billion), and the value of protected vegetables went up by 3.7%, reaching £374 million ($399 million). Therefore, the development of horticulture is driving the growth of the micropropagation market.
What are the major segments of the micropropagation market?
The micropropagation market covered in this report is segmented –
1) By Crop Types: Banana, Orchids And Ornamentals, Medicinal Plants, Vegetables, Small Fruits, Other Crop Types
2) By Container Type: Test Tubes And Petri Dishes, Glass Bottles, Plastic Containers
3) By Sales Channels: Offline, Online
4) By End User: Farmers, Research Labs, Other End Users
Subsegments:
1) By Banana: Cavendish Banana, Red Banana, Plantains, Other Banana Varieties
2) By Orchids And Ornamentals: Phalaenopsis Orchids, Cattleya Orchids, Dendrobium Orchids, Cymbidium Orchids, Other Orchid Varieties, Gerbera, Chrysanthemums, Roses, Tulips, Lilies, Other Ornamental Flowers
3) By Medicinal Plants: Aloe Vera, Ginseng, Echinacea, Turmeric, Stevia, Lavender, Mint, Cannabis, Basil, Other Herbal And Medicinal Plants
4) By Vegetables: Tomatoes, Peppers, Lettuce, Cucumber, Spinach, Eggplant, Carrots, Kale, Other Leafy And Root Vegetables
5) By Small Fruits: Strawberries, Raspberries, Blueberries, Blackberries, Grapes, Gooseberries, Other Berries
6) By Other Crop Types: Trees And Timber Species, Flowering Plants, Fruits, Nut Crops, Spices, Turfgrass And Lawn Species, Forestry And Agroforestry Crops
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Which companies dominate the micropropagation market?
Major companies operating in the micropropagation market are Iribov BV, Phytocultures Ltd., Deroose Plants Inc., Phytelligence Inc., Alpha Laboratories Ltd., Oglesby Plants International Inc., Segra International Corp., HiMedia Laboratories LLC, AgriForest Bio-Technologies Ltd., Tissue-Grown Corporation, Lifeasible, Agribiotecnología de Costa Rica S.A., Caisson Labs Inc., Galiltec S.A, Hartmann’s Plant Company, Knight Hollow Nursery Inc., Lowes TC Pty Ltd., Mountain Shadow Nursery LLC, Phytotech Labs Inc., Plant Cell Technology Inc., PlantMedia, Rancho Tissue Technologies Inc., Xplant Laboratory Inc., Dark Heart Industries
What major trends will shape the micropropagation market during the forecast period?
Major companies operating in the micropropagation market are developing innovative products, such as propagation systems, to enhance the efficiency and effectiveness of plant cloning and cultivation. Propagation systems are methods or techniques used to reproduce plants from seeds, cuttings, or other plant parts to produce new, genetically identical, or varied individuals. For instance, in January 2023, NuPlant, an Australia-based biotechnology company, launched SmartClone. SmartClone is an advanced plant tissue culture propagation system that aims to quickly produce enhanced plants from breeding programs for different species. This system utilizes precision robotics to create strong clones from parent material, with adjustable conditions for each growth phase. SmartClone is expected to yield sturdier, more consistent plantlets while also cutting down on labor and reducing costs per plant.
What are the key regional dynamics of the micropropagation market, and which region leads in market share?
Europe was the largest region in the micropropagation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the micropropagation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Micropropagation Market Report 2025 Offer?
The micropropagation market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Micropropagation is a plant propagation technique that involves growing plants from small plant parts, such as tissue cultures, under sterile conditions. It allows for the rapid production of large numbers of genetically identical plants. This method is widely used in agriculture, horticulture, and forestry for efficient plant multiplication and conservation.
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