Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
molecular breeding market size of is shaped by several key factors that influence its growth and dynamics. Molecular breeding, also known as marker-assisted selection (MAS), is a modern plant breeding technique that utilizes genetic markers and molecular biology tools to improve crop varieties for desirable traits such as yield, disease resistance, and abiotic stress tolerance. One significant factor driving the demand for molecular breeding is the increasing global population and the need to sustainably feed a growing world. With challenges such as climate change, dwindling natural resources, and emerging plant diseases, there is a pressing need for crop varieties that can adapt to changing environmental conditions and produce higher yields.
Government policies and research funding play a crucial role in shaping the molecular breeding market. Public institutions and research organizations invest in molecular breeding research to develop improved crop varieties that address national and global agricultural challenges. Government agencies may provide grants, subsidies, or support programs to fund research projects, establish breeding programs, and promote technology transfer to the agricultural industry. Moreover, regulatory frameworks governing genetically modified organisms (GMOs) and plant varieties may influence the adoption and commercialization of molecular breeding products in different countries.
Technological advancements drive innovation and growth in the molecular breeding market. Researchers and breeders leverage cutting-edge technologies such as next-generation sequencing, high-throughput genotyping, and genome editing to accelerate the breeding process and identify genetic variations associated with target traits. Advanced bioinformatics tools and computational algorithms enable the analysis of large-scale genomic data and the prediction of genotype-phenotype relationships, facilitating the selection of superior breeding lines and the development of genetically improved crop varieties with desired traits.
Market factors such as changes in consumer preferences and market demand influence the adoption of molecular breeding in crop improvement programs. As consumers demand sustainably produced, nutritious, and high-quality food products, there is increasing interest in crop varieties developed through molecular breeding techniques. Traits such as disease resistance, enhanced nutritional content, and improved agronomic performance appeal to both farmers and consumers, driving demand for molecular breeding products in the agricultural market. Moreover, the adoption of molecular breeding can help breeders and seed companies differentiate their products in a competitive market landscape.
Economic conditions and market competition impact the molecular breeding market dynamics. The cost-effectiveness and scalability of molecular breeding technologies are essential considerations for breeders, seed companies, and agricultural stakeholders. Economic factors such as research and development costs, intellectual property rights, and commercialization strategies influence investment decisions and market access for molecular breeding products. Moreover, market competition among breeding companies, seed suppliers, and biotechnology firms drives innovation, collaboration, and strategic partnerships, benefiting farmers with a wide range of improved crop varieties and breeding services.
Environmental considerations are integral to the molecular breeding market, given its potential to enhance crop resilience, reduce chemical inputs, and promote sustainable agriculture practices. Molecular breeding offers opportunities to develop crop varieties with improved stress tolerance, resource use efficiency, and disease resistance, reducing the need for synthetic pesticides, fertilizers, and irrigation water. Moreover, genetically improved crop varieties can contribute to soil health, biodiversity conservation, and ecosystem resilience, promoting environmental sustainability and resilience in agroecosystems.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 18.20% (2024-2032) |
Molecular Breeding Market Highlights:
Global Molecular Breeding Market Overview
Molecular Breeding Market size was valued at USD 4.67 billion in 2023. The Molecular Breeding Market industry is projected to grow from USD 5.58 billion in 2024 to USD 17.32 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.24% during the forecast period (2024 - 2032). The Increasing development of High-Yielding and Stress-Resistant Varieties of molecular breeding, rising awareness of molecular breeding, and growing consumer demand for foods with enhanced nutritional profiles are driving the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Molecular Breeding Market Trends
- Increasing development of High-Yielding and Stress-Resistant Varieties of molecular breeding is to boost the market growth
The increasing development of high-yielding and stress-resistant varieties plays a crucial role in boosting the demand for the Molecular Breeding Market. As the global population continues to grow and environmental challenges such as climate change become more pronounced, there is a pressing need to develop crops and livestock breeds that can thrive under adverse conditions while maintaining high productivity. Researchers are developing crops with molecular breeding to meet the demand of people who are seeking a crop that can grow in dried areas. For instance, in September 2019, the International Crops Research Institute for the Semi-arid Tropics announced that the All India Coordinated Research Project (AICRP) for Chickpea identified two desi chickpea (Bengal chana) varieties, ‘Pusa 10216’ and ‘MABC-WR-SA-1’, which were developed by the ICAR-Indian Agricultural Research Institute (IARI) and the University of Agricultural Sciences (UAS) in Karnataka, India. This Pusa 10216 showed higher yields during testing in Indian drought conditions, and the chickpea project is the first AICRP among pulse crops to identify molecular breeding products for commercial release in India. As a result, the research and development of high-yielding crops is boosting the growth of the Molecular Breeding Market.
Molecular Breeding Market Segment Insights
Molecular Breeding Process Insights
The Molecular Breeding Market segmentation, based on Process, includes Segmental Marker-assisted selection, Marker-assisted backcrossing, and QTL mapping. The Segmental Marker-assisted selection segment is to hold the majority share in 2023 in the Molecular Breeding Market revenue. This is because of increasing demand for improved crop varieties amid food security and climate change concerns. Technological advancements in genomics and bioinformatics, along with cost-effective breeding methods, enhance efficiency and accuracy.
Molecular Breeding Insights
The Molecular Breeding Market segmentation is based on a Maker that includes SNP and SSR. The SNP segment has dominated the market in 2023 and SSR is projected to be the fastest-growing segment during the forecast period, 2024-2032. This is due to their high polymorphism, co-dominant inheritance, and widespread distribution, making them ideal for assessing genetic diversity and accurate genotyping.
Figure 2: MOLECULAR BREEDING MARKET, BY APPLICATION, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Molecular Breeding Regional Insights
By Region, the study segments the market into North America, Europe, Asia-Pacific, and South America, and Middle East and Africa. The North American Molecular Breeding Market accounted for the largest market share in 2023. Advances in genomic technologies, such as next-generation sequencing and CRISPR-Cas9, have enhanced the precision and efficiency of molecular breeding. This region benefits from substantial investment in agricultural research and development by both public and private sectors. Government policies supporting agricultural innovation and food security further drive the market. North America's robust research infrastructure and presence of leading agricultural biotechnology companies facilitate the rapid adoption of molecular breeding techniques. Marker-assisted selection (MAS) is particularly popular, enabling precise identification and selection of desirable traits, reducing breeding time and costs.
Further, the major countries studied are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: MOLECULAR BREEDING MARKET BY REGION 2023 & 2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe Molecular Breeding Market is expected to account for the second-largest market share due to Europe's strong research infrastructure and collaboration among research institutions and biotech companies position it as a significant player in the molecular breeding market. Further, the German Molecular Breeding Market was attributed to holding the largest market share, and Spain Molecular Breeding Market is expected to fastest-growing market in the European region.
The Asia-Pacific Molecular Breeding market is expected to grow at the fastest rate from 2024 to 2032. This is due to the rising consumer demand for high-quality, nutritious, and sustainable food that drives the adoption of molecular breeding. The need for climate-resilient crops amid changing environmental conditions also fuels market expansion.
South America, the Middle East, and Africa possess rich biodiversity and agricultural potential, making them increasingly attractive for agricultural research and investment. Growing research capabilities and knowledge exchange initiatives further enhance their competitiveness in the Molecular Breeding Market is driving market expansion.
Molecular Breeding Key Market Players & Competitive Insights
The Molecular Breeding Market is characterized by the presence of many global and regional, players. The market comprises tier-1, tier-2, and local players. The tier-1 and tier-2 players have reached across the globe with diverse types of portfolios. Companies such as Charles River Laboratories (US), Eurofins Scientific (Europe), DanBred P/S (Denmark), Intertek Group Plc (UK), and Slipstream Automation (New Zealand) dominate the Molecular Breeding Market due to Type differentiation, financial stability, strategic services, and diversified regional presence. The players are focused on investing in extensive research and development as well. Furthermore, they adopt strategic growth initiatives, such as expansion, joint ventures, and partnerships, to strengthen their market position and capture a large customer base.
One of the primary business strategies adopted by manufacturers in the global Molecular Breeding industry to benefit clients and expand the Molecular Breeding Market sector is to manufacture locally to reduce operating costs.
Key Companies in the Molecular Breeding Market include
- Charles River Laboratories (US)
- Eurofins Scientific (Europe)
- DanBred P/S (Denmark)
- Intertek Group Plc (UK)
- Slipstream Automation (New Zealand)
- Illumina Inc (US)
- Thermo Fisher Scientific Inc (US)
- LGC Limited (England)
- SGS Société Générale de Surveillance SA (Switzerland)
- LemnaTec GmbH (Germany)
Molecular Breeding Industry Developments
In March 2024, Charles River Laboratories (US) extended its breeding and housing services throughout Southern California to free up time and space to focus on research. Additionally, it gave clients access to expert advice on rat and mouse breeding concerns.
In November 2021, DanBred P/S (Denmark) has expanded its subsidiary in Belgium. The establishment of DanBred Belgium allowed the company to further strengthen its relationships with its clients and completely integrate into the Belgian molecular breeding market.
Molecular Breeding Market Segmentation
Molecular Breeding Process Outlook
- Marker-assisted selection
- Marker-assisted backcrossing
- QTL mapping
Molecular Breeding Maker Outlook
- SNP
- SSR
Molecular Breeding End User Outlook
- Plant
- Livestock
Molecular Breeding Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC Countries
- Turkey
- Northern Africa
- Southern Africa
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
