Plant Breeding And CRISPR Plants Market Report 2024: Strategies And Recent Developments| BASF SE, Bayer AG, Syngenta AG, China National Chemical Corporation, Corteva Inc., Land O'Lakes Inc.

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Plant Breeding And CRISPR Plants Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The plant breeding and CRISPR plants market size has grown rapidly in recent years. It will grow from $11.88 billion in 2023 to $13.66 billion in 2024 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 $23.18 billion in 2028 at a compound annual growth rate (CAGR) of 14.1%. 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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Market Segmentation:
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

Major Driver - Boosting Plant Breeding For Enhanced Agricultural Production
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.

Competitive Landscape:
Major companies operating in the plant breeding and CRISPR plants market report are BASF SE, Bayer AG, Syngenta AG, China National Chemical Corporation, Corteva Inc., Land O'Lakes Inc., JR Simplot Company, Eurofins Scientific SE, 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., Certis U.S.A. LLC, KeyGene Technology, Inari Agriculture Inc., AgBiome LLC, Tropic Biosciences UK Limited, Precision Biosciences Inc., Editas Medicine Inc., Evogene Limited, Caribou Biosciences Inc., Hudson River Biotechnology B.V., BioConsortia Inc., Pairwise Plants LLC, Calyxt Inc., Cibus Limited, Breeders Trust S.A., Enza Zaden India Private Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V.

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Top Trend - Corteva Agriscience's Breakthrough In Sustainable Plant Breeding
Major companies in the plant breeding and CRISPR market are focusing on product launches, such as gene editing technology to combat corn disease. Gene editing technology refers to a group of tools that allow scientists to make precise changes to an organism's DNA. For instance, in October 2023, Corteva Agriscience, a US-based global agriculture company providing agricultural chemicals and seeds, introduced a Gene Editing Technology to combat corn disease, employing gene editing and CRISPR technology to consolidate multiple disease-resistant traits within the corn genome, simplifying disease management, and enhancing on-farm productivity. This sustainable solution, aligned with the United Nations Sustainable Development Goals, exemplifies how the tailored approach and improved allele access contribute to the plant breeding and CRISPR market by addressing specific challenges in agriculture and fostering crop resilience.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Plant Breeding And CRISPR Plants Market Characteristics
3. Plant Breeding And CRISPR Plants Market Trends And Strategies
4. Plant Breeding And CRISPR Plants Market - Macro Economic Scenario
5. Plant Breeding And CRISPR Plants Market Size And Growth
…..
27. Plant Breeding And CRISPR Plants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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