Press release
Growth Surge in Molecular Breeding Market: CAGR of 18.9% and $4.85 Billion Value Expected in 2025
Growth Surge in Molecular Breeding Market
Rapid adoption of molecular breeding technologies for high-throughput screening and marker-assisted selection is set to drive the market's impressive CAGR and size surge in 2025.
What Is The Projected Market Size Of The Molecular Breeding Global Market And Its Growth Rate?
Market statistics for the Molecular Breeding market are:
- From $4.08 billion in 2024, the market size is set to grow to $4.85 billion in 2025 (CAGR of 18.9%).
- Key growth drivers include marker-assisted selection, biotechnological tools, phenotyping methods, and the seed industry revolution.
- Massive growth to $9.28 billion is anticipated by 2029 (CAGR of 17.6%).
- Market trends encompass improved varieties, machine learning and AI, bioinformatics solutions, public-private sector collaboration, and climate-resilient varieties.
What Is Driving The Growth In The Molecular Breeding Global Market Report 2025?
The growth of the molecular breeding market is being driven forward by increased cultivation of high-value and industrial crops. Molecular breeding allows these crops to develop superior traits such as high-yield and disease resistance. Such advancements have resulted in increased production volumes from £4,045 million in 2021 to £6,102 million in 2022, according to the UK's Department for Environment, Food, and Rural Affairs.
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Who Are The Key Players Driving Molecular Breeding Global Market Report 2025 Growth?
Key companies operating in the Molecular Breeding market include:
- Illumina Inc.
- LGC Group Limited
- Eurofins Scientific SE
- Thermo Fisher Scientific Inc.
- SGS Société Générale de Surveillance S.A.
- Bayer Aktiengesellschaft
- Corteva Agriscience
- BASF SE
- Dow AgroSciences LLC
- Monsanto Company
What Are The Key Trends In The Molecular Breeding Global Market Report 2025?
Following trends are observed in the Molecular Breeding market:
- Rising demand for disease-resistant varieties
- Adapting to climate changes
- Population growth and food security concerns
- Consumer preferences for quality traits
- Regulatory support for biotechnology
What Are The Segments Of The Global Molecular Breeding Global Market Report 2025?
The Molecular Breeding market report covers the following segments:
- By Process: QTL Mapping, Marker-Assisted Selection, Marker-Assisted Backcrossing, Genomic Selection
- By Marker Type: Single Sequence Repeats (SSR), Single Nucleotide Polymorphism (SNP)
- By Application: Crop Breeding, Livestock Breeding
Which Region Leads The Molecular Breeding Global Market Report 2025?
North America stood as the largest region in the molecular breeding market in 2024. During the forecast period, Asia-Pacific is expected to be the fastest-growing region. The report covers all major regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Molecular Breeding Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Molecular Breeding Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Molecular Breeding Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Molecular Breeding Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Molecular Breeding Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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