Global Molecular Breeding Market, By Process (QTL Mapping, Marker-Assisted Selection, Marker-Assisted Backcrossing, Genomic Selection and Other Processes), Marker (Single Nucleotide Polymorphism (SNP), Simple Sequence Repeats (SSR) and Other Markers), Application (Crop Breeding and Livestock Breeding), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the molecular breeding market will project a compound annual growth rate (CAGR) of 17.36% during the forecast period of 2021-2028. Increasing number of partnerships, collaborations, and acquisitions, rising demand for new and mechanized techniques for farming or agriculture especially in the developing countries, concerted efforts of governments and companies to promote sustainable agriculture practices, increase in production of Corn exponentially, rising integration of advanced technology with the agricultural equipment and increasing industry competitiveness are the major factors attributable to the growth of molecular breeding market.
Molecular breeding is the process of genetically improving the plants and animals. Molecular breeding is largely used in livestock and crop breeding by using the DNA markers associated with specific phenotypic features. Molecular breeding helps in improving the resistance against diseases.
Growing public and private expenditure for agro- genomics research capacities, rising production of cereals and food grains, and increased cultivation of industrial and high-value crops especially in the developing economies will emerge as the major factors fostering the growth of the market. Also, growing demand for effective and efficient crop protection tools to improve the crop productivity coupled with decreasing cost of genetic solutions is another important factor fostering the growth of the market. Growth in the demand for fruit and vegetable food items, ever-rising global population and free environment for molecular breeding and opportunities in livestock breeding will further create lucrative and remunerative growth opportunities for the market.
However, high cost associated with molecular breeding in comparison to conventional breeding technique is a major factor that will pose a major challenge to the growth of the market. Also, dearth of required infrastructural facilities and lack of technical skills pertaining especially in the underdeveloped economies will further slowdown the market growth rate.
This molecular breeding market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on molecular breeding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Molecular Breeding Market Scope and Market Size
The global molecular breeding market is segmented on the basis of process, marker and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of process, the molecular breeding market is segmented into QTL mapping, marker-assisted selection, marker-assisted backcrossing, genomic selection and other processes.
- On the basis of marker, the molecular breeding market is segmented into single nucleotide polymorphism (SNP), and simple sequence repeats (SSR), other markers.
- On the basis of application, the molecular breeding market is segmented into crop breeding and livestock breeding. Crop breeding is further segmented into cereals & grains, oilseeds, vegetables and other crop types. Cereals and grains are further sub-segmented into corn, wheat, rice and others. Oilseeds are further sub-segmented into soybean and others oilseeds. Livestock breeding is further segmented into cattle, poultry and others.
Molecular Breeding Market Country Level Analysis
The global molecular breeding market is analyses and market size, volume information is provided by country by process, marker and application as referenced above.
The countries covered in the molecular breeding market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the molecular breeding market and will continue to flourish its dominance during the forecast period owing to the rising land under agricultural domain, prevalence of advanced agricultural technologies and rising in use of molecular breeding on soybean and corn. Asia-Pacific region will score the highest CAGR during the forecast period. Growing awareness among the farmers about benefits of molecular breeding, increasing personal disposable income and surge in the expenditure for research and development proficiencies are some other important factors fostering the growth of this region.
The country section of the molecular breeding market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Molecular Breeding Market Share Analysis
The global molecular breeding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to molecular breeding market.
The major players covered in the molecular breeding market report are Illumina, Inc., Eurofins Scientific, LGC Limited, SGS S.A., Thermo Fisher Scientific Inc., Intertek Group plc, DanBred P/S, LemnaTec GmbH, Slipstream Automation, Charles River Laboratories, FruitBreedomics, The Toro Company, Campbell Scientific, Inc., Sentek among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.