Biotechnological Plant Breeding And Crispr Plants Market Research Report: By Crop Type (Cereals, Fruits and Vegetables, Oilseeds and Pulses, Cash Crops, Biotechnological Plant Breeding And Crispr Plants Market), By Trait (Herbicide Resistance, Insect Resistance, Disease Resistance, Abiotic Stress Tolerance, Yield Improvement, Nutritional Enhancement), By Technology (Gene Editing (CRISPR-Cas9), Transgenics, Gene Silencing, Marker Assisted Selection), By Application (Agriculture, Food Production, Bioenergy, Pharmaceuticals), By End User (Farm

Global Biotechnological Plant Breeding And Crispr Plants Market Overview

As per MRFR analysis, the Biotechnological Plant Breeding And Crispr Plants Market Size was estimated at 17.16 (USD Billion) in 2022. The Biotechnological Plant Breeding And Crispr Plants Market Industry is expected to grow from 19.28(USD Billion) in 2023 to 55.0 (USD Billion) by 2032. The Biotechnological Plant Breeding And Crispr Plants Market CAGR (growth rate) is expected to be around 12.35% during the forecast period (2024 - 2032).

Key Biotechnological Plant Breeding And Crispr Plants Market Trends Highlighted

The advent of CRISPR technology has revolutionized biotechnological plant breeding, offering unprecedented opportunities for crop improvement. Key market drivers include the increasing demand for sustainable and resilient crops, coupled with growing concerns over food security and climate change. Opportunities abound in the exploration of novel gene-editing techniques to enhance crop traits such as yield, nutritional value and disease resistance.Recent trends indicate a surge in research and development initiatives, with a focus on developing CRISPR-based solutions for diverse crop species. The integration of CRISPR with other genomic technologies, such as gene silencing and gene insertion, is opening new avenues for precise and efficient crop modifications. Moreover, advancements in delivery systems are enabling the efficient deployment of CRISPR reagents in the field.The potential impact of biotechnological plant breeding and CRISPR plants is significant, with the potential to transform the agricultural landscape. By addressing challenges such as pests, disease and environmental stresses, CRISPR technology can contribute to increased crop productivity, reduced inputs and improved nutritional outcomes. The market is poised for continued growth as the scientific community and industry players collaborate to harness the transformative power of this technology for the benefit of global agriculture.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Biotechnological Plant Breeding And Crispr Plants Market Drivers

Advancements in Biotechnology and Genome Editing Technologies

The biotechnological industry has been one of the most progressive over the last decades. Currently, the scope of technologies used in the field is remarkable, with scientists elaborating on such techniques as genome editing and gene manipulation. The concepts had completely transformed plant breeding, allowing researchers to manipulate plants at the genome level. CRISPR-Cas systems are particularly noteworthy in this instance. These technologies represent an efficient tool for genome editing, enabling scientists to elaborate on specific changes in plants.Hence, the study of new horizons and the progress in biotechnology are bound to play a critical role in defining the future of the Biotechnological Plant Breeding And Crispr Plants Market Industry.

Growing Demand for Sustainable and Climate-Resilient Crops

Since meeting the growing demands of an increasing global population while adapting to ever more severe climates is an issue of critical importance, it is necessary to move past traditional breeding methods with their limited effectiveness and, instead, explore the benefits of biotechnological approaches. Affecting selective changes in the genetic structure of a plant, CRISPR-Cas gives researchers the opportunity to introduce the desired properties into a species masse.Therefore, it can be considered a particularly apt tool for breeding climate-proof crops that are immune to pests, specific diseases, as well as complete crop failure resulting from droughts and other environmental problems. By using biotechnology to its fullest extent, as well as the CRISPR-Cas projection system, researchers can potentially come up with a plethora of plant breeds that are capable of withstanding even adverse environmental conditions.

Government Initiatives and Regulatory Support

Biotechnology and CRISPR-Cas technologies have been recently considered by governments worldwide to help solve some global problems connected with food security and sustainability. That is why many countries nowadays have developed supportive policies and initiatives to encourage research and development in this direction. They include different financial benefits, research subsidies, and accelerated regulatory pathways to facilitate innovation and introduce biotechnological plant breeding products to the market in the shortest possible periods.Thus, this favorably regulated environment is expected to boost the growth of the Biotechnological Plant Breeding And Crispr Plants Market Industry even more.

Biotechnological Plant Breeding And Crispr Plants Market Segment Insights:

Biotechnological Plant Breeding And Crispr Plants Market Crop Type Insights

The Biotechnological Plant Breeding And Crispr Plants Market is segmented by crop type into cereals, fruits and vegetables, oilseeds and pulses and cash crops. Cereals hold the largest market share due to the increasing demand for staple food crops such as rice, wheat and corn. The growing population and rising disposable incomes in developing countries are driving the demand for cereals, leading to increased investments in cereal breeding programs. Fruits and vegetables are another significant segment in the Biotechnological Plant Breeding And Crispr Plants Market, with increasing consumer demand for nutritious and healthy food options.The use of CRISPR technology in fruit and vegetable breeding is expected to enhance traits such as disease resistance, yield and nutritional content, driving market growth. Oilseeds and pulses, including soybeans, canola, and lentils, are gaining traction due to their high protein content and increasing demand for plant-based food products. Biotechnological advancements in oilseed and pulse breeding are focusing on improving oil quality, protein content and resistance to pests and diseases. Cash crops, such as cotton, sugarcane and tobacco, represent a smaller but growing segment in the Biotechnological Plant Breeding And Crispr Plants Market.The use of CRISPR technology in cash crop breeding aims to improve fiber quality, yield, and resistance to environmental stresses. The Biotechnological Plant Breeding And Crispr Plants Market is expected to witness substantial growth in the coming years, driven by factors such as increasing food demand, rising consumer awareness about food safety and nutrition and technological advancements.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Biotechnological Plant Breeding And Crispr Plants Market Trait Insights

The Trait segment of the Biotechnological Plant Breeding And Crispr Plants Market is anticipated to exhibit substantial growth in the coming years. The increasing demand for herbicide-resistant crops, particularly in regions with intensive farming practices, is a major driver of market expansion. In 2023, the Herbicide Resistance trait segment accounted for a significant share of the market revenue, estimated to be around USD 6.2 billion. This dominance is attributed to the widespread adoption of genetically modified crops, such as soybeans, corn and cotton, that are engineered to withstand the application of specific herbicides.Insect Resistance and Disease Resistance traits are also gaining traction, driven by the need to protect crops from pests and diseases that can significantly reduce yields. The Abiotic Stress Tolerance trait, which helps plants withstand environmental stresses such as drought, heat and salinity, is expected to witness robust growth as climate change poses increasing challenges to global agriculture. Yield Improvement and Nutritional Enhancement traits are also gaining attention as they address the growing demand for higher crop productivity and improved nutritional content.

Biotechnological Plant Breeding And Crispr Plants Market Technology Insights

The Biotechnological Plant Breeding And Crispr Plants Market are segmented by Technology into Gene Editing (CRISPR-Cas9), Transgenics, Gene Silencing and Marker Assisted Selection. The Gene Editing (CRISPR-Cas9) segment is expected to witness the highest growth during the forecast period due to the increasing adoption of CRISPR-Cas9 technology for crop improvement. In 2023, the Gene Editing (CRISPR-Cas9) segment accounted for USD 3.2 billion of the Biotechnological Plant Breeding And Crispr Plants Market revenue. The Transgenics segment is the second-largest segment and is expected to grow at a CAGR of 10.5% during the forecast period.The Gene Silencing segment is expected to grow at a CAGR of 12.0% during the forecast period, and the Marker Assisted Selection segment is expected to grow at a CAGR of 11.5% during the forecast period.

Biotechnological Plant Breeding And Crispr Plants Market Application Insights

The application segment of the Biotechnological Plant Breeding And Crispr Plants Market holds significant importance, driving the market's growth. Among the key applications, agriculture stands out as the dominant segment, accounting for a major share of the overall market revenue. The increasing need to address global food security concerns and enhance crop yields has fueled the adoption of biotechnological plant breeding and CRISPR technologies in agriculture. These technologies enable the development of crops with improved traits, such as resistance to pests, diseases and adverse environmental conditions.In addition to agriculture, the food production industry has emerged as a promising application segment for the Biotechnological Plant Breeding And Crispr Plants Market. CRISPR-edited crops offer potential benefits in nutritional enhancement, reduced food waste and improved shelf life, catering to the growing demand for healthier and sustainable food options. The market data indicates that the food production segment is expected to witness substantial growth in the coming years. Furthermore, the bioenergy sector presents opportunities for the application of biotechnological plant breeding and CRISPR technologies.The industry's focus on developing renewable and sustainable energy sources has led to the exploration of bioenergy crops. CRISPR-edited plants can be engineered to produce higher biomass yields and enhanced biofuel conversion efficiency, contributing to the market's growth. The pharmaceutical industry also holds potential for the Biotechnological Plant Breeding And Crispr Plants Market. The ability to modify plant genomes using CRISPR technology enables the production of therapeutic proteins and other valuable compounds in plants. This application has garnered attention due to its potential to reduce production costs and improve the accessibility of essential medicines.The market statistics suggest that the pharmaceutical segment is anticipated to experience significant growth in the future.

Biotechnological Plant Breeding And Crispr Plants Market End User Insights

The end user segment of the Biotechnological Plant Breeding And Crispr Plants Market is categorized into farmers, seed companies, food processors, and consumers. Farmers are the primary users of biotechnological plant breeding and CRISPR plants, accounting for the largest share of the market in 2023. The increasing adoption of these technologies by farmers is driven by the benefits they offer, such as improved crop yield, resistance to pests and diseases, and tolerance to environmental stresses. Seed companies are also major players in the market, as they develop and sell seeds of biotechnological plant breeding and CRISPR plants to farmers.Food processors use biotechnological plant breeding and CRISPR plants to create new and improved food products, such as healthier and more nutritious foods. Consumers are the ultimate end users of biotechnological plant breeding and CRISPR plants, as they purchase and consume food products made from these crops. The Biotechnological Plant Breeding And Crispr Plants Market is expected to grow significantly in the coming years, driven by the increasing demand for food and the need for sustainable and efficient farming practices.

Biotechnological Plant Breeding And Crispr Plants Market Regional Insights

The Biotechnological Plant Breeding And Crispr Plants Market is segmented into North America, Europe, APAC, South America and MEA. Among these regions, North America is expected to hold the largest share of the market in 2023 and is projected to continue its dominance throughout the forecast period. The growth in this region is attributed to the increasing adoption of advanced technologies in agriculture and the presence of major players in the biotechnology industry. Europe is another prominent market for Biotechnological Plant Breeding And Crispr Plants, with a significant contribution to the overall market revenue.The region is home to several research institutions and companies involved in plant biotechnology, driving innovation and adoption of these technologies. APAC is anticipated to witness substantial growth in the Biotechnological Plant Breeding And Crispr Plants Market, fueled by the increasing demand for food production and the government's initiatives to promote agricultural technologies. South America and MEA are expected to contribute a smaller but growing share of the global market, with the potential for significant growth in the coming years.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Biotechnological Plant Breeding And Crispr Plants Market Key Players And Competitive Insights:

Major players in Biotechnological Plant Breeding And Crispr Plants Market industry are constantly innovating and developing new technologies to gain a competitive edge. Leading Biotechnological Plant Breeding And Crispr Plants Market players are investing heavily in research and development to create improved varieties of crops that are more resistant to pests, diseases, and climate change. The Biotechnological Plant Breeding And Crispr Plants Market is also witnessing a growing number of partnerships and collaborations between companies to share knowledge and resources. These collaborations help accelerate the development of new technologies and products. The competitive landscape of the Biotechnological Plant Breeding And Crispr Plants Market is expected to remain intense in the coming years as companies continue to compete for market share and develop new and innovative products.One of the leading companies in the Biotechnological Plant Breeding And Crispr Plants Market is Corteva Agriscience. Corteva Agriscience is a global leader in the development and production of agricultural products, including seeds, crop protection products, and digital tools. The company has a strong presence in the Biotechnological Plant Breeding And Crispr Plants Market and offers a range of products and services to meet the needs of farmers around the world. Corteva Agriscience is committed to innovation and is constantly investing in research and development to create new and improved products. The company has a team of experienced scientists and researchers who are working to develop new varieties of crops that are more resistant to pests, diseases, and climate change.A major competitor in the Biotechnological Plant Breeding And Crispr Plants Market is Bayer Crop Science. Bayer Crop Science is a global leader in the development and production of agricultural products, including seeds, crop protection products, and digital tools. The company has a strong presence in the Biotechnological Plant Breeding And Crispr Plants Market and offers a range of products and services to meet the needs of farmers around the world. Bayer Crop Science is committed to innovation and is constantly investing in research and development to create new and improved products. The company has a team of experienced scientists and researchers who are working to develop new varieties of crops that are more resistant to pests, diseases, and climate change.

Key Companies in the Biotechnological Plant Breeding And Crispr Plants Market Include:

• Bayer


• Pairwise Plant Systems


• Yield10 Bioscience


• Pivot Bio


• Syngenta


• BASF


• Indian Agriculture Research Institute (IARI)


• Ginkgo Bioworks


• Corteva Agriscience


• Groupe Limagraine Holdings


• Anuvia Plant Technologies


• National Cheng Kung University

Biotechnological Plant Breeding And Crispr Plants Market Industry Developments

The Biotechnological Plant Breeding And Crispr Plants Market is projected to reach USD 55.0 billion by 2032, exhibiting a CAGR of 12.35% during the forecast period (2024-2032). The increasing demand for food production and the need to enhance crop yield and quality are the key factors driving the growth of the market. Technological advancements like gene editing and CRISPR-Cas systems have revolutionized plant breeding, allowing for precise and targeted modifications to improve crop traits. Governments and research institutions worldwide are actively supporting research and development in this field, contributing to the market's growth. Partnerships and collaborations between industry players and academic institutions are fostering innovation and accelerating the commercialization of CRISPR-based technologies.

Biotechnological Plant Breeding And Crispr Plants Market Segmentation Insights

• Biotechnological Plant Breeding And Crispr Plants Market Crop Type Outlook
  
  
  
  • Cereals
  
  
  • Fruits and Vegetables
  
  
  • Oilseeds and Pulses
  
  
  • Cash Crops
  
  
  • Biotechnological Plant Breeding And Crispr Plants Market
  
  
  
  

• Biotechnological Plant Breeding And Crispr Plants Market Trait Outlook
  
  
  
  • Herbicide Resistance
  
  
  • Insect Resistance
  
  
  • Disease Resistance
  
  
  • Abiotic Stress Tolerance
  
  
  • Yield Improvement
  
  
  • Nutritional Enhancement
  
  
  
  

• Biotechnological Plant Breeding And Crispr Plants Market Technology Outlook
  
  
  
  • Gene Editing (CRISPR-Cas9)
  
  
  • Transgenics
  
  
  • Gene Silencing
  
  
  • Marker Assisted Selection
  
  
  
  

• Biotechnological Plant Breeding And Crispr Plants Market Application Outlook
  
  
  
  • Agriculture
  
  
  • Food Production
  
  
  • Bioenergy
  
  
  • Pharmaceuticals
  
  
  
  

• Biotechnological Plant Breeding And Crispr Plants Market End User Outlook
  
  
  
  • Farmers
  
  
  • Seed Companies
  
  
  • Food Processors
  
  
  • Consumers
  
  
  
  

• Biotechnological Plant Breeding And Crispr Plants Market Regional Outlook
  
  
  
  • North America
  
  
  • Europe
  
  
  • South America
  
  
  • Asia Pacific
  
  
  • Middle East and Africa