Plant Breeding Market Statistical Forecast and Trade Analysis (2024-2031) - Bayer AG, Syngenta, KWS SAAT SE & Co. KGaA.

Plant Breeding Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Plant Breeding market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the global plant breeding market from 2024 to 2031, and what is the market value expected to change by 2031?

The global plant breeding market reached US$ 7.1 billion in 2022 and is expected to reach US$ 22.8 billion by 2030, growing with a CAGR of 15.7% during the forecast period 2024-2031.

What is the plant breeding market?

Plant breeding is the scientific process of altering the genetics of plants to produce desired traits, such as improved yield, resistance to diseases and pests, environmental adaptability, and enhanced nutritional value. This is achieved through methods like selective breeding, crossbreeding, and advanced techniques like genetic modification and marker-assisted selection. By carefully selecting parent plants with favorable characteristics, breeders can create new plant varieties better suited to agricultural, environmental, or economic needs. Plant breeding plays a crucial role in sustainable agriculture by helping produce crops that meet the demands of a growing population and changing climates.

Key Players:

Profiles of some of the major players in the global Plant Breeding market, which include:

Bayer AG, Syngenta, KWS SAAT SE & Co. KGaA, Corteva Agriscience, UPL, Equinom, Hudson River Biotechnology, Stine Seed Company, Pairwise, SAKATA SEED.

Industry Development:

On August 28, 2023, an electron accelerator dedicated to inducing crop mutations was officially inaugurated in Sanya City, Hainan Province, China. This advanced facility aims to accelerate crop breeding by creating genetic mutations that can lead to desirable traits like increased yield, pest resistance, and climate adaptability. The electron accelerator is expected to drive significant growth within China's crop breeding sector, potentially influencing global agricultural practices by providing new tools for sustainable and efficient crop development.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Plant Breeding market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By trait: herbicide tolerance, disease resistance, temperature tolerance, drought resistance, other traits.

By Application: Cereals & Grains (wheat, maize/corn, rice, other cereals & grains), Fruits & Vegetables, Oilseeds & Pulses, Turf & Ornaments, Others.

Regional Break out:

☞ North America: US, Canada, Mexico

☞ Europe: Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific: China, India, Japan, Australia, Rest of Asia Pacific

☞ South America: Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa: Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, and Israel

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