Molecular Breeding Market Share

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.

The Global Molecular Breeding Market Industry is poised for substantial growth, with projections indicating a market value of 5.58 USD Billion in 2024 and an anticipated increase to 27.2 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 15.49% from 2025 to 2035, driven by various factors including technological advancements, rising demand for high-yield crops, and increasing government support. The market's expansion is indicative of the growing recognition of molecular breeding as a critical tool in addressing global food security challenges and promoting sustainable agricultural practices.

Government initiatives and funding play a pivotal role in the Global Molecular Breeding Market Industry. Many countries are investing in research and development to promote sustainable agricultural practices through molecular breeding. For instance, the U.S. Department of Agriculture has allocated substantial grants to support projects focused on developing climate-resilient crops. Such investments not only foster innovation but also encourage collaboration between public and private sectors. This growing support is likely to enhance the market's growth trajectory, as evidenced by the increasing number of research projects and partnerships aimed at advancing molecular breeding techniques.

The Global Molecular Breeding Market Industry is experiencing a surge in demand for high-yield crops, driven by the need to enhance food security amid a growing global population. As agricultural practices evolve, molecular breeding techniques enable the development of crop varieties that are not only more productive but also resilient to environmental stresses. For instance, the introduction of genetically modified crops has led to yield increases of up to 30 percent in certain regions. This trend is expected to contribute significantly to the market's growth, with projections indicating a market value of 5.58 USD Billion in 2024, expanding to 27.2 USD Billion by 2035.

The Global Molecular Breeding Market Industry is significantly influenced by global population growth and urbanization trends. As the world population is projected to reach approximately 9.7 billion by 2050, the demand for food is expected to increase dramatically. Urbanization further exacerbates this challenge, as more people move to cities, reducing the available land for agriculture. Molecular breeding provides a viable solution by enabling the development of crop varieties that can thrive in diverse environments and under varying conditions. This necessity for increased food production is likely to propel the market forward, with a projected market value of 5.58 USD Billion in 2024.

The Global Molecular Breeding Market Industry is witnessing a heightened awareness of sustainable agricultural practices among consumers and producers alike. As environmental concerns rise, there is a growing emphasis on developing crops that require fewer resources, such as water and fertilizers. Molecular breeding offers solutions that align with these sustainability goals by creating varieties that are more efficient in resource utilization. For example, drought-resistant crops developed through molecular techniques can significantly reduce water usage in agriculture. This shift towards sustainability is expected to drive market growth, as stakeholders seek to adopt practices that are both economically viable and environmentally friendly.

Innovations in molecular breeding technologies are transforming the Global Molecular Breeding Market Industry. Techniques such as CRISPR and genomic selection are facilitating precise genetic modifications, allowing for the rapid development of improved crop varieties. These advancements not only enhance the efficiency of breeding programs but also reduce the time required to bring new varieties to market. For example, CRISPR technology has been utilized to develop disease-resistant varieties of wheat and rice, which are crucial for maintaining food supply chains. The anticipated compound annual growth rate of 15.49% from 2025 to 2035 underscores the potential of these technologies to reshape the industry.

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.