molecular breeding market is experiencing rapid growth and transformative trends driven by advancements in biotechnology, increasing demand for crop improvement solutions, and challenges posed by climate change and global food security issues. Molecular breeding, also known as marker-assisted breeding or genomics-assisted breeding, involves the use of molecular markers and genomic technologies to accelerate the development of improved crop varieties with desirable traits such as yield potential, disease resistance, and stress tolerance. One significant trend is the growing adoption of molecular breeding techniques by plant breeders, seed companies, and agricultural researchers seeking to address the complex challenges facing modern agriculture.
Moreover, advancements in genomics, bioinformatics, and high-throughput sequencing technologies are driving innovation in the molecular breeding market. These tools enable researchers to analyze plant genomes, identify genetic markers associated with important agronomic traits, and accelerate the breeding process by selecting plants with desired genetic profiles at earlier stages of development. Additionally, there's a growing emphasis on genomic selection and predictive breeding models that leverage large-scale genomic data to predict the performance of crop varieties under different environmental conditions, enabling breeders to make more informed decisions and prioritize breeding targets.
Furthermore, the molecular breeding market is benefiting from the broader trend towards sustainable agriculture and precision farming practices. As farmers seek to increase crop yields, reduce input costs, and minimize environmental impact, there's a growing demand for crop varieties developed using molecular breeding techniques that offer improved performance, resource use efficiency, and resilience to biotic and abiotic stresses. Molecular breeding enables breeders to develop crop varieties tailored to specific agroecological zones, production systems, and end-user preferences, resulting in more sustainable and resilient agricultural systems.
Additionally, the molecular breeding market is witnessing increasing demand from emerging economies and regions with expanding agricultural sectors. As global population growth, urbanization, and dietary changes drive demand for food, feed, and fiber, there's a corresponding need for crop varieties adapted to local growing conditions, consumer preferences, and market demands. Molecular breeding technologies offer a cost-effective and efficient means of developing improved crop varieties tailored to the needs of smallholder farmers, commercial growers, and agribusinesses in diverse geographic regions.
However, the molecular breeding market faces challenges such as regulatory constraints, intellectual property issues, and capacity-building constraints in developing countries. Regulatory frameworks governing the use of genetically modified organisms (GMOs) and biotechnological tools vary among countries and regions, creating barriers to market entry and commercialization for molecular breeding products. Additionally, intellectual property rights related to genetic resources, molecular markers, and breeding technologies can pose challenges for technology transfer, collaboration, and equitable access to genetic resources and breeding innovations.
Moreover, capacity-building efforts are needed to ensure that farmers, breeders, and agricultural researchers in developing countries have access to the necessary infrastructure, resources, and training to adopt and benefit from molecular breeding technologies. By promoting technology transfer, knowledge sharing, and collaboration among public and private sector stakeholders, the molecular breeding market can contribute to building local breeding capacity, enhancing agricultural productivity, and improving livelihoods in developing countries.
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
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.
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.
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
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
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.
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