What are the latest figures on the plant breeding and crispr plants market’s size and projected CAGR?
The plant breeding and crispr plants market size has grown rapidly in recent years. It will grow from $13.56 billion in 2024 to $15.59 billion in 2025 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to increasing global population, crop disease outbreaks, food security concerns, regulatory changes, globalization of food trade.
The plant breeding and crispr plants market size is expected to see rapid growth in the next few years. It will grow to $26.65 billion in 2029 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing investment in R&D, rising demand for organic and non-GMO products, climate-smart agriculture, rise in plant-based diets, global water scarcity. Major trends in the forecast period include customized crop varieties, adoption of blockchain technology, multi-trait editing, AI and machine learning in breeding, digital phenotyping.
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Which major factors have contributed to the expansion of the plant breeding and crispr plants market?
The increased demand for improved crops is expected to propel plant breeding and CRISPR market growth. Crop improvement is required to meet the demands of a changing world. With the increased population, climate change, and decreasing land base, there is a need to develop new and innovative crop growth techniques. Plant breeding and the CRISPR method constantly strive to improve crop yield, quality, and tolerance to diseases and pests. For instance, in February 2022, NIFA (National Institute of Food and Agriculture), a US-based federal government body, invested over $14 million in plant breeding for agricultural production and conventional plant breeding to improve crop varieties. These new crop varieties will be more productive, higher in quality, and more resistant to environmental variability. Therefore, the increased demand for the improved crop will drive the growth of the plant breeding and CRISPR plant market.
How is the plant breeding and crispr plants market segmented?
The plant breeding and crispr plants market covered in this report is segmented –
1) By Type: Conventional breeding, Other Types
2) By Process: Selection, Hybridization and mutation breeding, Other Processes
3) Yy Application: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Other Crops
Subsegments:
1) By Conventional Breeding: Selective Breeding, Hybridization, Mutation Breeding, Polyploidy Breeding, Other Types
2) By Other Types: CRISPR Gene Editing, Transgenic Breeding, Marker-Assisted Selection (MAS), Genome-Wide Association Studies (GWAS)
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Who are the top competitors in the plant breeding and crispr plants market?
Major companies operating in the plant breeding and crispr plants market include BASF SE, Bayer AG, Syngenta AG, China National Chemical Corporation, Corteva Inc., JR Simplot Company, Beijing Dabeinong Technology Group Co Ltd., Groupe Limagrain Holding SA, KWS SAAT SE & Co KGaA, BGI Group, Advanta Seeds Pty Limited, Ginkgo Bioworks Holdings Inc., Benson Hill Biosystems Inc., KeyGene Technology, Inari Agriculture Inc., AgBiome LLC, Tropic Biosciences UK Limited, Precision Biosciences Inc., Evogene Limited, Caribou Biosciences Inc., Hudson River Biotechnology B.V., BioConsortia Inc., Pairwise Plants LLC, Calyxt Inc., Cibus Limited, Enza Zaden India Private Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V.
Which key trends are expected to influence the plant breeding and crispr plants market in the coming years?
Major companies operating in the plant breeding and CRISPR plants market are providing open rights to genome-editing and breeding technologies to foster innovation, encourage collaboration among researchers, and facilitate the development of sustainable agricultural solutions that can improve crop resilience and food production efficiency. Syngenta is providing rights to its proprietary technologies, particularly focusing on optimized CRISPR-Cas12a and gene-editing-enabled breeding tools. This allows researchers to make precise genetic modifications without introducing foreign DNA, streamlining the development of improved plant varieties. For instance, in June 2024, Syngenta Crop Protection AG, a Switzerland-based company, announced the opening up of its genome-editing and breeding technologies, The initiative is facilitated through Syngenta’s collaboration platform, Shoots by Syngenta, which aims to connect academic institutions, research organizations, and Syngenta’s extensive network of scientists. This platform is designed to promote partnerships that address agricultural challenges, including climate change.
Which regional trends are influencing the plant breeding and crispr plants market, and which area dominates the industry?
The countries covered in the plant breeding and crispr plants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Plant Breeding And CRISPR Plants Market Report 2025 Offer?
The plant breeding and crispr plants market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Plant breeding and CRISPR plants refer to a system used in plant breeding that entails site-directed nucleases that precisely target and modify DNA. CRISPR and plant breeding collectively empower desirable crop attributes by introducing DNA from naturally occurring genetic variations within the crop. This technology and its various applications range from gene function and protein localization research to introducing particular traits such as drought tolerance and increasing grain size and quantity.
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