The molecular breeding market size has displayed exemplary growth in recent years and is projected to grow from$4.08 billion in 2024 to $4.85 billion in 2025 at a CAGR of 18.9%. The historic growth can be attributed to factors such as the emergence of marker-assisted selection (mas), adoption of biotechnological tools, improvements in phenotyping methods, a revolution in the seed industry, and a shift to high-throughput screening.
In the near future, the molecular breeding market size is anticipated to continue its rapid growth trajectory to reach $9.28 billion in 2029 at a CAGR of 17.6%. Key drivers expected to fuel future growth include increasing demand for disease-resistant varieties, growing consumer preferences for quality traits, a focus on climate adaptation, and increasing concerns about food security due to population growth. Regulatory support for biotechnology and enhanced collaboration between public and private sectors are also enhancing market prospects. Emerging trends in the forecast period include consumer demand for improved crop varieties and the application of machine learning and AI in developing bioinformatics solutions, and ensuring climate-resilient varieties.
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What are the Major Factors Driving the Growth of the Molecular Breeding Market?
The prominent growth factor for the molecular breeding market is the surge in the cultivation of industrial and high-value crops. Molecular breeding imparts superior traits to crops such as disease resistance, high yields, and drought resistance, which is ideal for the cultivation of industrial and high-value crops. For example, according to the Department for Environment, Food, and Rural Affairs, UK, the volume of harvested production spiked from £4,045 million in 2021 to £6,102 million in 2022. Hence, the increased cultivation of industrial and high-value crops will significantly stimulate the growth of the molecular breeding market.
What are the Main Segments within the Molecular Breeding Market?
The molecular breeding market is primarily segmented into:
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
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Which are the Major Players in the Molecular Breeding Market?
Major players 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 are the Emerging Trends in the Molecular Breeding Market?
Innovations and advancements are shaping the future of the molecular breeding market significantly. For instance, companies are working towards the development of advanced solutions such as integrated systems. These systems are especially designed to enhance crop yields, improve disease resistance and accelerate the breeding process through high-tech genetic technologies. An example of such an innovation is the launch of a whole workflow solution for large-scale low-pass whole genome sequencing (WGS) by MGI Tech, a China-based biotechnology company, in June 2024.
What is the Regional Distribution of the Molecular Breeding Market?
In 2024, North America emerged as the largest market for molecular breeding. However, during the forecast period, the Asia Pacific region is projected to emerge as the fastest-growing in the global molecular breeding market. Other regions that hold a significant share in the market include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
What Does The Molecular Breeding Market Report 2025 Offer?
Molecular breeding is a technique used to identify and select desired genetic traits in organisms. The process involves the identification of specific genes or markers that are linked to the desired traits, which can be used to track those traits through generations of breeding. The Molecular Breeding Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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