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2025 Molecular Breeding Market Outlook: Key Indicators Shaping Growth Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Molecular Breeding Industry Market Size Be by 2025?
The size of the molecular breeding market has recorded a swift expansion in the past few years. It is projected to increase from $4.08 billion in 2024 to $4.85 billion in 2025, displaying a compound annual growth rate (CAGR) of 18.9%. The escalation in the past period can be credited to the rise of marker-assisted selection (mas), the incorporation of biotechnological instruments, advancements in phenotyping techniques, transition to high-throughput screening, and the revolution in the seed industry.
What's the Long-Term Growth Forecast for the Molecular Breeding Market Size Through 2029?
In the coming years, the molecular breeding market is projected to experience a significant expansion, with its value set to reach "$9.28 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 17.6%. The expected growth during the forecast period can be associated with increased need for disease-resistant strains, emphasis on climate adaptability, rising population and food security issues, consumer preference for high-quality characteristics, and legislative backing for biotechnology. Major developments anticipated during the forecast period comprise consumer demand for enhanced varieties, the implementation of machine learning and artificial intelligence, the rise of bioinformatics solutions, collaborations between public and private entities, and emphasis on varieties with climate resilience.
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What Are the Key Growth Drivers Fueling the Molecular Breeding Market Expansion?
The expansion of the molecular breeding market is projected to be driven by the augmented cultivation of industrial and high-value crops. Such cultivation pertains to agribusiness emphasis on crops possessing higher market value due to their wide industrial applications. Molecular breeding facilitates the nurturing of these high-value crops by bestowing them with advanced characteristics including resistance to diseases, elevated crop yields, and endurance to draught. Consequently, the escalation in the cultivation of industrial and high-value crops will bolster the progression of the molecular breeding market. To illustrate, the Department for Environment, Food, and Rural Affairs, a department of the UK government reported in July 2024 that there was a surge in harvested production from £4,045 million($5,245 million) in 2021 to £6,102 million ($7,912 million) in 2022. As a result, the amplified cultivation of industrial and high-value crops is fueling the growth of the molecular breeding market.
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What Are the Key Trends Driving Molecular Breeding Market Growth?
Leading companies in the molecular breeding market are advancing integrated systems to improve crop yield, disease resistance, and the efficiency of breeding through advanced genetic technologies. In June 2024, China-based MGI Tech introduced a complete workflow for large-scale low-pass whole genome sequencing (WGS), aimed at enhancing molecular breeding for diploid agricultural species. The system includes a fully automated product lineup, high-throughput performance, and sophisticated sequencing tools.
How Is the Molecular Breeding Market Segmented?
The molecular breeding market covered in this report is segmented -
1) By Process: QTL Mapping, Marker-Assisted Selection, Marker-Assisted Backcrossing, Genomic Selection, Other Process
2) By Marker Type: Single Sequence Repeats (SSR), Single Nucleotide Polymorphism (SNP), Other Marker Type
3) By Application: Crop Breeding, Livestock Breeding
Subsegments:
1) By QTL Mapping: Trait Mapping, Population Development, Phenotypic Data Collection, Genotypic Data Analysis, Other QTL Mapping Techniques
2) By Marker-Assisted Selection: Single Marker Selection, Multiple Marker Selection, Genomic Selection Markers, Other Marker-Assisted Selection Techniques
3) By Marker-Assisted Backcrossing: Backcrossing Protocols, Selection Of Donor and Recurrent Parents, Evaluation of Progeny, Other Backcrossing Techniques
4) By Genomic Selection: Genomic Prediction Models, Genotyping Technologies, Trait Prediction Accuracy, Other Genomic Selection Techniques
5) By Other Process: CRISPR-Cas9 Gene Editing, Transgenic Breeding Techniques, Synthetic Biology Applications, Other Emerging Molecular Breeding Processes
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Which Companies Are Leading the Charge in Molecular Breeding Market Innovation?
Major 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., Intertek Group plc, DanBred P/S, LemnaTec GmbH, Charles River Laboratories International Inc., Slipstream It Solutions Private Limited, Fruitbreedomics B.V., Campbell Scientific Inc., Keygene N.V., KWS SAAT SE & Co. KGaA, Genus plc, Groupe Limagrain, Syngenta Group, Bayer Aktiengesellschaft, Corteva Agriscience, BASF SE, Dow AgroSciences LLC, Monsanto Company, Pioneer Hi-Bred International Inc., Agilent Technologies Inc., QIAGEN N.V., Bio-Rad Laboratories Inc., Merck KGaA Darmstadt, GenScript Biotech Corporation, Genewiz Inc., Eurogentec S.A., Integrated DNA Technologies Inc., Novogene Corporation Limited, BGI Group
Which Regions Are Leading the Global Molecular Breeding Market in Revenue?
North America was the largest region in the molecular breeding market in 2024.Asia-pacific is expected to be the fastest-growing region in the global molecular breeding market report during the forecast period. The regions covered in the molecular breeding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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