Molecular Breeding Companies

Global Molecular Breeding Market Overview

Molecular Breeding Market Size was valued at USD 3.2 Billion in 2022. The Molecular Breeding market Technology is projected to grow from USD 3.7 Billion in 2023 to USD 14.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.20% during the forecast period (2024 - 2032). The agricultural benefits of adjuvant treatments, the expansion of developing nations' economy, and rising R&D costs in the agriculture sector all together, are the key market drivers enhancing the market growth.

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

Molecular Breeding Market Trends

• The agricultural benefits associated with adjuvant solutions is driving the market growth

The demand for genetic advancement has led to a major growth in the molecular breeding sector. Molecular biology methods are used in the molecular selection process to improve the genetic development of plants and animals. The need for the molecular breeding method is increasing due to the increasing emphasis on agricultural research and the increasing investments made by governments and business organisations. Additionally, the growing use of molecular selection can satisfy the need for it. The molecular selection method has been improved by technology advancements in genomic selection for genomic selection and cost reduction. Farmers around the world are embracing the solutions to satisfy the need for high-value crops during the tide, which is driving up the demand for molecular breeding solutions for high-value industrial crops.

The main drivers of the market's expansion are expected to be expanding cereal and food grain output, greater cultivation of industrial and high-value crops, particularly in developing nations, and rising public and private investment in agro-genomics research facilities. Another significant aspect driving the market's expansion is the rising desire for powerful crop protection tools that may increase crop yield while also lowering the price of genetic remedies. Demand for fruits and vegetables, an ever-increasing global population, a free environment for molecular breeding, and chances in animal breeding will all contribute to the market's further expansion into lucrative and lucrative growth potential.

Production and consumption of food are rising rapidly on a global scale. The average maize yield in the United States has climbed from 1.6 tonnes per hectare in the first half of the 20th century to about 9.5 tonnes per hectare today. The usage of hybrid maize, synthetic fertilisers, and the adoption of new farming techniques are responsible for the substantial yield gain, which is what fuels the molecular breeding business. A fresh and cutting-edge market for molecular breeding was formed by the introduction of molecular breeding traits and the development of novel breeding technology employing DNA-based markers. For instance, marker-assisted breeding and biotechnology traits have the potential to treble maize yields in the United States over the next 20 years. Thus, driving the Molecular Breeding market revenue.

Molecular Breeding Market Segment Insights

Molecular Breeding Application Insights

The Molecular Breeding Market segmentation, based on application, includes plant and livestock. Plant segment dominated the global market in 2022. Major seed manufacturing corporations have adopted molecular breeding technologies for better seeds, however this field of plant and livestock breeding is still in its infancy. Over the next five years, it is anticipated that significant investments from both the public and private sectors in agrigenomic research, such as the use of MAS and genomic selection in field and vegetable crops, will propel the market's expansion. Also encouraging major businesses to enter the market is the price drop seen in the agricultural genetic services sector.

Molecular Breeding Marker Insights

The Molecular Breeding Market segmentation, based on marker, includes simple sequence repeat, single nucleotide polymorphism, expressed sequence tags, and others. Single nucleotide polymorphism segment dominated the global market in 2022. Better and more effective DNA or genetic markers like SNPs and SSRS have been developed as a result of numerous ground-breaking developments. While some businesses, including Illumina Inc. LGC Limited, LemnaTec, and Charles River, rely primarily on SNPs as molecular markers, others, like Eurofins and Thermo Fisher, offer selective breeding services like MAS and genomic selection based on SNPs and SSRS.

Molecular Breeding Molecular Breeding Process Insights

The Molecular Breeding Market segmentation, based on molecular breeding process, includes marker assisted selection, QTL mapping, and marker assisted back crossing. The marker assisted selection segment dominated the Molecular Breeding Market in 2022. The United States was the main nation in 2018 with the highest MAS adoption rate. The Netherlands and the UK saw a complete acceptance of molecular breeding methods for new crop variety development. The adoption of genomic selection is anticipated to increase at the fastest rate since more people are becoming aware of its effectiveness in raising yield, particularly for vegetables in industrialised nations.

Figure 1: Molecular Breeding Market, by Molecular Breeding Process, 2023 & 2032 (USD Billion)

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

Molecular Breeding Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Molecular Breeding Market dominated this market in 2022 (45.80%). The molecular breeding sector has seen an increase in acceptance as a result of the presence of large corporations in the U.S. and Canada. The U.S. government has placed a strong emphasis on the use of biotechnology, and it has also increased the use of molecular breeding in soybeans and maize, the key commercial crops in this area. Further, the U.S. Molecular Breeding market held the largest market share, and the Canada Molecular Breeding market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: MOLECULAR BREEDING MARKET SHARE BY REGION 2023 (USD Billion)

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

Europe Molecular Breeding market accounted for the healthy market share in 2022. This is because farmers are becoming more aware of the advantages of molecular breeding, which will open up opportunities in the future market, leading to high yields in the production of wheat and maize. Further, the German Molecular Breeding market held the largest market share, and the U.K Molecular Breeding market was the fastest growing market in the European region

The Asia Pacific Molecular Breeding market is expected to register significant growth from 2023 to 2032. The adoption of molecular technology by breeders is anticipated to increase breeders' understanding of the advantages of molecular breeding, which will increase demand throughout the anticipated timeframe. The molecular breeding market in the Asia Pacific area would grow as a result of an increase in investments in nations like India, China, and Thailand. Moreover, China’s Molecular Breeding market held the largest market share, and the Indian Molecular Breeding market was the fastest growing market in the Asia-Pacific region.

Molecular Breeding Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Molecular Breeding market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Molecular Breeding Industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Molecular Breeding Industry to benefit clients and increase the market sector. In recent years, the Molecular Breeding Industry has offered some of the most significant advantages to medicine. Major players in the Molecular Breeding market, including Illumina, LGC Limited, Thermo Fisher Scientific, SGS, LemnaTec, Charles River, DanBred, Intertek, and Eurofins, are attempting to increase market demand by investing in research and development operations.

Illumina Inc. (Illumina) offers genomic sequencing and array-based technologies for genetic analysis in the fields of cancer, consumer and translational genomics, and molecular diagnostics. The product line of the business includes sequencing kits and reagents, tools and systems for sequencing, kits and reagents for microarrays, reagents for molecular biology, and arrays and reagents. It provides services for microarrays, human whole-genome sequencing, apparatus maintenance, training, and consultation. The business offers its services to academic institutions, clinical research organisations, genomic research centres, pharmaceutical corporations, and biotechnology firms. In the Americas, Asia-Pacific, Europe, the Middle East, and Africa, the corporation sells its goods directly to customers as well as through distributors. The U.S. city of San Diego serves as Illumina's corporate headquarters. NRGene, an Israeli business that has mapped the genomes of bread, pasta, and wild emmer wheat, and Illumina, Inc. have struck into agreements for the use of NRGene's cloud-based tools for genomic analysis.

LemnaTec is a producer of plant phenotyping systems and digital phenotyping technology. With the use of the company's digital phenotyping technology, data produced from digital photos can be extracted, allowing researchers to precisely gauge how climate and environment affect plant development and characterise genomic functionality. LemnaTec is an expert in tools for quantitatively evaluating plants by phenotyping them. They market their systems to universities as well as breeders, research centres, and commercial participants in the seed and agriculture industries. LemnaTec expanded their system lineup in October 2020. Such a system is the PhenoAIxpert HT, designed for high-throughput phenotyping using a variety of camera types, such as visible light, fluorescence, or hyperspectral imaging.

Key Companies in the Molecular Breeding market include

• Illumina


• LGC Limited


• Thermo Fisher Scientific


• SGS


• LemnaTec


• Charles River


• DanBred


• Intertek


• Eurofins

Molecular Breeding Industry Developments

May 2023: A $1 billion data centre campus in Lévis, Quebec, being built by the Canadian business QScale would harness the warmth from its computers to grow more than 80,000 tonnes of vegetables annually in nearby greenhouses.

May 2023: At GreenTech 2023, Hoogendoorn Growth Management and Saint-Gobain Cultilene introduced Connected Irrigation, a novel addition to Hoogendoorn's intelligent IIVO irrigation module. The new programme allows for a just-in-time delivery of natural resources and guarantees sustainable crop production by taking substrate qualities into consideration.

Molecular Breeding Market Segmentation

Molecular Breeding Application Outlook

• Plant


• Livestock

Molecular Breeding Marker Outlook

• Simple Sequence Repeat


• Single Nucleotide Polymorphism


• Expressed Sequence Tags


• Others

Molecular Breeding Molecular Breeding Process Outlook

• Marker Assisted Selection


• QTL Mapping


• Marker Assisted Back Crossing

Molecular Breeding Regional Outlook

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  North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• 
  Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• 
  Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


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  Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America