Plant Breeding Market

Market Overview

Plant breeding is a branch of science which uses varieties of principles to improve the genetic potential plants. Plants are improved for food, fuel, fiber, shelter and many others. Plants are crossbreed or may be crossed with themselves to produce new or inbred varieties for breeding respectively.

There are various advanced technologies such as genetic techniques and molecular breeding which encourages the adoption of advanced genetically modified crops such as wheat, rice and soybeans. For instance, in 2019, Syngenta introduced VAYANTIS globally, which is a new fungicides seed treatment mode of action to address grower needs in soybeans, canola, corn and cereals.

Further, it also provides unpaid control of diseases as phytophthora and Pythium to ensure better germination and higher yields. This, in turn, is expected to increase the demand for plant breeding.

Growing demand for enhanced genetically modified crops such as wheat, rice and corn by using modern breeding techniques is expected to increase the growth of plant breeding market.

Besides, various countries have adopted molecular technique such as marker-assisted selection for plant breeding, due to the increasing demand for high yield from field and horticulture crop growers.

Thus, in turn, is anticipated to increase the growth of plant breeding market. In addition, with genetic modification, the adoption rate for CRISPER technology has been increased in the agriculture field and this is expected to increase the growth of plant breeding market over a forecast period. Exponential reduction in the cost of genomic solutions is expected to boost the growth of plant breeding market.

Key Player

Some of the major key players competing in the global plant breeding Market are Syngenta, DLF Trifolium, Limagrain, Bayer, DowDuPont, KWS SAAT, Pacific Biosciences, Benson Hill Systems, Evogene, Hudson River Biotechnology, Equinom, and Bioconsortia.

The report covers exhaustive analysis on:

• Plant breeding Market Segments
• Plant breeding Market Dynamics
• Historical Actual Market Size, 2014 - 2018
• Plant breeding Market Size & Forecast 2019 to 2029
• Plant breeding Agents Current Trends/Issues/Challenges
• Competition & Companies involved
• Plant breeding Market Drivers and Restraints

Regional analysis includes

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

Report Highlights:

• Shifting Industry dynamics
• In-depth market segmentation
• Historical, current and projected industry size Recent industry trends
• Key Competition landscape
• Strategies for key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance