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Crop Breeding Market - Business Opportunities, Challenges, Strategies, Development Trends and 2026 Forecasts

03-04-2020 12:31 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Search4Research

Crop Breeding Market

Crop Breeding Market

Crop Breeding Market Report provides an overview of latest technologies and in-depth analysis that reflect top vendor's portfolios and technology; examines the strategic planning, challenges of leading Solid State Battery and market opportunities for newcomers.

Global Crop Breeding Market is valued USD 7.34 Billion in 2019 and is projected is to exhibit 14.7% CAGR during the forecast period. The market is projected to be around USD 19.17 Billion by 2026. The market is driven by the growing demand for new varieties of agricultural and horticultural crops.

Crop breeding is the science of changing the traits of plants to produce desired characteristics. It has been used to improve the quality of nutrition in products for humans and animals. Genes in a plant determined what type of qualitative or quantitative traits it will have. Plant breeders strive to create a specific outcome of plants and potentially new plant varieties.

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Crop breeding is the business and science of crop improvement. It is an innovation-based sector, focused on developing Crops better adapted to human needs. Furthermore, the increasing demand for improved crop verities using modern breeding technology and the development of technologies for breeding methods are the factors expected to ensure strong market growth during the forecast period. The growing adoption of molecular breeding techniques by key Crop breeders for field crop has resulted in significant growth of the crop breeding market.

Moreover, the demand for new varieties of agricultural and horticultural crops, adapted to our unique growing conditions, is never-ending that resulted in significant growth of the crop breeding market. Also, huge funding by the private and public sectors toward plant biotechnology such as the development of high-throughput systems and application of MAS and genomic selection in field and vegetable crops are expected to boost the market growth over the forecast period. At the same time, the first challenge for a breeder is to determine which traits are most important. In a subsistence situation, focusing on the content of key nutrients that are deficient in a diet that may lack quantity and diversity may be of utmost importance. The challenge in Western countries may be different.

The Asia Pacific is expected to have the highest growth in the crop breeding market during the forecast period. On account of, increasing demand for commercial seeds in the Asian market, in line with the emerging economic growth conditions. Moreover, seed manufacturers expanding their R&D centers across the Asia Pacific. Public investments have been declining, while private investments in plant research have been growing exorbitantly. Moreover, the growth of the biotechnology industry observed in China, Japan, and India translates to the high-growth potential of the plant breeding market during the forecast period.

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The global Crop Breeding Market is segmented into trait, type, process, application and region. On the basis of the trait the market is divided into disease resistance, yield improvement, herbicide tolerance, and other traits. According to type the market is segmented into biotechnological method, molecular breeding, hybrid breeding, genome editing, genetic engineering, and conventional breeding. Based on the process the market is further divided into hybridization, single cross, three-way cross, bulk method, pedigree method, double cross, mutation breeding, selection, pure line selection, mass selection. Based on application the market is divided into oilseeds & pulses, cotton, soybean, other oilseeds & pulses, cereals & grains, wheat, rice, corn, other cereals & grains, fruits & vegetables, other. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.

The report covers an in-depth analysis of key players in the market, along with their company profiles. Crop breeding has been studied for thousands of years. However, technologies such as unmanned aerial vehicles (UAVs), robots, artificial intelligence (AI), and machine learning are transforming this practice. Hence, Crop breeders are continuously investing in these technologies to explore the genetic basis of trait variation in crops with higher accuracy and within the limited timeline. Seed companies in-house breeding such as Bayer, Syngenta, KWS SAAT, Dowdupont, Groupe Limagrain, Advanta Seeds (UPL), Service Providers, such as Eurofins, SGS (Traitgenetics), Pacific Biosciences, DLF, Land O'lakes (Forage Genetics International), Evogene, Benson Hill Biosystems, Other.

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Reason to Buy

1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. It provides a forward looking perspective on different factors driving or restraining market growth
3. It provides a ten-year forecast assessed on the basis of how the market is expected to grow
4. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segments

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Search4Research is a premier provider of market intelligence and consulting services. Our research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers. Our goal is to empower global businesses with accurate, actionable insights which would help them to strategize, plan ahead, and ultimately succeed in their endeavors.

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