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Molecular Breeding Global Market Size, Share, Industry Analysis 2023-2032 | Major Players - Illumina Inc., LGC Limited, Eurofins Scientific SE, GS S.A., Intertek Group plc
Molecular Breeding Market
The Business Research Company's Molecular Breeding Global Market Report 2023 identifies Increased cultivation of industrial and high-value crops is expected to propel the growth of the molecular breeding market going forward. The cultivation of industrial and high-value crops refers to agribusinesses focusing on crops with a higher value in the market due to their use in various industrial applications.
The global molecular breeding market size is expected to grow from $2.90 billion in 2022 to $3.45 billion in 2023 at a compound annual growth rate (CAGR) of 19%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global molecular breeding market size is expected to reach $6.6 billion in 2027 at a CAGR of 17.8%.
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Major players in the molecular breeding market are Illumina Inc., LGC Limited, Eurofins Scientific SE, Thermo Fisher Scientific Inc., SGS S.A., Intertek Group plc, DanBred P/S, LemnaTec GmbH, Charles River Laboratories, Slipstream It Solutions Private Limited, Fruitbreedomics, The Toro Company, Campbell Scientific Inc., Sentek Technologies, and Keygene N.V.
Technological advancements are a key trend gaining popularity in the home molecular breeding market. Major companies operating in the molecular breeding market are adopting new technologies to sustain their position in the market.
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The Molecular Breeding Market Is Segmented -
• By Process: QTL Mapping, Marker-Assisted Selection, Marker-Assisted Backcrossing, Genomic Selection, Other Process
• By Marker Type: Single Sequence Repeats (SSR), Single Nucleotide Polymorphism (SNP), Other Marker Type
• By Application: Crop Breeding, Livestock Breeding
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Molecular Breeding market.
The Business Research Company's "Global Molecular Breeding Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Molecular Breeding Market Include:
1. Executive Summary
2. Molecular Breeding Market Characteristics
3. Molecular Breeding Market Trends And Strategies
4. Molecular Breeding Market - Macro Economic Scenario
5. Molecular Breeding Market Size And Growth
.....
26. Africa Molecular Breeding Market
27. Molecular Breeding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Molecular Breeding Market
29. Molecular Breeding Market Future Outlook and Potential Analysis
30. Appendix
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