Market forecast (2024-2032):

The Molecular Breeding Market size was USD 4.02 Billion in 2023. The Molecular Breeding Market experienced disruptions during the COVID-19 pandemic due to supply chain challenges, labor shortages, and delays in research activities. Travel restrictions impacted collaborative efforts and hindered global partnerships essential for research and development. Between 2024 and 2032, the market is projected to grow at a CAGR of 18.3%, from USD 4.76 billion in 2024 to USD 18.25 billion in 2031. The sudden rise in CAGR is attributed to this market growth returning to the pre-pandemic level once the pandemic is over.

Market Scope and Definition:

The use of cutting-edge biotechnological methods, mainly DNA-based markers and molecular genetics, to improve the breeding and production of crops with particular and desired features is what the molecular breeding market is all about. In the field of agriculture, molecular breeding is a game-changing technique that makes it possible to precisely modify a plant's genetic composition to produce better traits including greater yield, improved nutritional value, and heightened resistance to environmental stresses. Fundamentally, molecular breeding is the process of identifying and choosing particular genes linked to desired characteristics in order to enable a more focused and effective breeding procedure. By allowing breeders to work at the molecular level and influence traits with a level of accuracy that was previously unattainable, this technology goes beyond standard breeding practices. Molecular markers are DNA sequences linked to certain qualities that facilitate the selection of desired genetic traits and speed up the development of crops with desired characteristics. The scope of the Molecular Breeding Market encompasses a wide range of crops, including major staples like cereals, fruits, and vegetables, as well as specialty crops with unique characteristics. This innovative approach is instrumental in addressing global challenges in agriculture, such as the need to increase food production to meet the demands of a growing population, adapt crops to changing environmental conditions, and enhance nutritional profiles to address public health concerns. For instance,

• In November 2022, Targenomix was purchased by Germany-based pharmaceutical and biotechnology business Bayer AG for an unknown sum. By incorporating cutting-edge computational life science methods, this acquisition broadens, diversifies, and enhances molecular breeding technology. This will hasten the discovery of promising molecules for the agricultural production of plants resistant to weeds, insects, and diseases.

Market Dynamics: Market Drivers:

Increase in Production of Corn Exponentially to Drive Market Growth

The global demand for food production and consumption is experiencing a rapid and significant increase, driven by a growing global population, and changing dietary preferences. In the United States, the average corn yield has undergone a remarkable transformation, increasing from 1.6 tonnes per hectare in the first half of the 20th century to approximately 9.5 tonnes per hectare. This substantial improvement in yield can be attributed to several key factors that have revolutionized agricultural practices.

The use of synthetic fertilizers has played a pivotal role in increasing corn yields. These fertilizers provide essential nutrients to the soil, promoting robust plant growth and maximizing crop output. The incorporation of advanced farming practices has further contributed to the overall efficiency of corn cultivation, optimizing factors such as irrigation, pest control, and harvesting techniques. The emergence of molecular breeding has introduced a new dimension to the field of agriculture. Molecular breeding involves the application of DNA-based markers and advanced biotechnology to enhance the precision and efficiency of crop breeding. This innovative approach allows breeders to identify and select plants with specific genetic traits, accelerating the breeding process and enabling the development of crops with improved characteristics.

The introduction of molecular breeding traits and DNA-based markers has created a transformative impact on the agricultural industry. These technologies offer precise insights into the genetic makeup of crops, facilitating targeted breeding for traits such as disease resistance, drought tolerance, and enhanced nutritional content. As a result, the molecular breeding market has witnessed substantial growth, with ongoing advancements in biotechnology contributing to the continuous evolution of breeding techniques. Projections suggest that over the next two decades, these innovative approaches could potentially double corn yields, addressing the escalating demand for food and contributing to global food security. The integration of molecular breeding technologies represents a promising pathway for sustainable agriculture, ensuring that crops are not only more productive but also resilient in the face of evolving environmental challenges.

Key findings:

In January 2022, The United States Department of Agriculture's National Agricultural Statistics Service reports that maize production increased from 81,313 per 1000 acres in 2020 to 85,388 per 1000 acres in 2021.Additionally, from 82,603 per 1000 acres in 2020 to 86,322 per 1000 acres in 2021, soybean production has grown.

In August 2021, HudsonAlpha Institute for Biotechnology, a US-based biotechnology company, launched a computational tool called Khufu for plant breeding. This tool enables quick and accurate identification and analysis of complex genome variants.

Rising Global Population and Food Demand is One of the Key Drivers of the Molecular Breeding Market.

The Molecular Breeding Market is intricately linked to the escalating global population and the resultant surge in demand for food resources. As the world's population continues its upward trajectory, there is an unprecedented need to enhance agricultural productivity to meet the growing food demand. Molecular breeding emerges as a pivotal solution in this context, offering a sophisticated and targeted approach to crop improvement.

The fundamental challenge of feeding a burgeoning global population necessitates innovative strategies to optimize crop yield and nutritional content. Molecular breeding, with its advanced biotechnological tools such as DNA-based markers, plays a crucial role in this scenario. It provides a platform for the development of crops that go beyond traditional breeding methods, delivering improved yields, enhanced nutritional profiles, and increased resilience to environmental stressors. By leveraging the precision and efficiency inherent in molecular breeding, breeders can selectively manipulate the genetic makeup of crops to emphasize traits that are critical for addressing food security challenges. Improved yield capacities ensure a more efficient use of agricultural resources, contributing to the sustainability of food production systems. Moreover, the ability to enhance nutritional content aligns with the growing awareness and demand for more nutritious and functional foods in the global diet.

Molecular breeding, through its capacity to confer resilience to environmental stressors, addresses the uncertainties posed by climate change, water scarcity, and other ecological factors. This resilience is crucial for maintaining stable crop production in the face of unpredictable conditions, safeguarding food supplies for the expanding global population. The rising global population and the subsequent surge in food demand underscore the significance of molecular breeding in the contemporary agricultural landscape. Its capacity to create crops with improved yield, nutritional content, and adaptability positions molecular breeding as a transformative force in meeting the challenges of feeding a growing world population. The market's response to these imperatives reinforces the pivotal role that molecular breeding plays in shaping the future of global agriculture.

Market Dynamics: Market Trends:

^{The Agricultural Benefits Associated with Adjuvant Solutions to Dominate the Market Trend in the Molecular Breeding Market.}

The need for genetic improvement has significantly increased the market for molecular breeding. To enhance the genetic development of plants and animals, molecular biology techniques are applied. Due to the growing importance of agricultural research and the rising investments made by governments and corporate organizations, the molecular breeding approach is becoming more and more necessary. Additionally, it can be met by the expanding application of molecular selection. Technology developments in genomic selection for genomic selection and cost reduction have improved the molecular selection process. The demand for molecular breeding solutions for high-value industrial crops is rising as farmers all around the world adopt strategies to meet the demand for high-value crops during the tide.

Rising industrial and high-value crop production, particularly in emerging nations, and rising governmental and private investment in agro-genomics research facilities are anticipated to be the primary drivers of the market's rise. The growing demand for potent crop protection measures that might boost crop production while also reducing the cost of genetic therapies is a crucial factor fueling the market's growth. Fruit and vegetable demand, an expanding worldwide population, a free environment for molecular breeding, and opportunities in animal breeding will all help the market continue to grow in a profitable and beneficial manner.

Global food production and consumption are rising quickly. From 1.6 tonnes per hectare in the first part of the 20th century to around 9.5 tonnes per hectare today, the average yield of maize in the United States has increased. The significant production increase, which drives the molecular breeding industry, is due to the use of hybrid maize, synthetic fertilizers, and the adoption of new agricultural techniques. The introduction of molecular breeding traits and the creation of cutting-edge breeding technologies using DNA-based markers have created a brand-new, cutting-edge industry for molecular breeding. For instance, during the next 20 years, maize yields in the United States could be tripled thanks to marker-assisted breeding and technological features. Thus, driving the Molecular Breeding market revenue.

Market Dynamics: Market Restraining Factors:

Increasing Regulation on Tinted Films is a Restraining Factor in the Molecular Breeding Market.

Public skepticism and regulatory challenges represent a formidable restraint in the Molecular Breeding Market, introducing barriers to the widespread adoption of genetically modified organisms (GMOs). A substantial segment of the public harbors skepticism and apprehension surrounding the application of molecular breeding technologies, particularly in the context of manipulating the genetic makeup of crops. The concerns voiced by the public primarily revolve around the potential unknown long-term health effects linked to the consumption of genetically modified crops. This apprehension extends to the environmental consequences associated with the cultivation of genetically modified organisms. There is a prevailing worry that the unintended ecological impacts may emerge over time, affecting non-target organisms and potentially disrupting ecosystems. Moreover, ethical considerations play a pivotal role in public skepticism, as individuals grapple with the moral implications of altering the genetic code of crops.

The regulatory landscape surrounding genetically modified organisms adds another layer of complexity. Regulatory authorities impose stringent approval processes that often require extensive testing and assessments. This thorough scrutiny aims to ensure the safety of genetically modified crops for human consumption and their environmental impact. However, the meticulous nature of these regulatory procedures can lead to delays in the commercialization and broader adoption of molecular breeding innovations, impeding market growth. To address these challenges, there is a pressing need for transparent communication, education, and engagement with the public. Initiatives that provide clear information about the safety, benefits, and ethical considerations of molecular breeding technologies can help alleviate skepticism. Additionally, fostering an open dialogue between regulatory bodies, industry stakeholders, and the public can contribute to building trust and understanding.

Key Industry Developments:

• In February 2023, Eastman Chemical Company successfully finalized the acquisition of Ai- May 2023: The Canadian company QScale is investing $1 billion on a data center campus in Lévis, Quebec, that will use the warmth from its computers to grow more than 80,000 tonnes of veggies every year in surrounding greenhouses.
• In May 2023, Hoogendoorn Growth Management and Saint-Gobain Cultilene unveiled Connected Irrigation at GreenTech 2023 as a cutting-edge upgrade to the company's intelligent IIVO irrigation module. By taking substrate conditions into account, the new program enables just-in-time supply of natural resources and ensures sustainable crop development.

Report Coverage:

The report will cover the qualitative and quantitative data on the global Molecular Breeding Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations:

Key Companies in the Molecular Breeding market include:

• Illumina, Inc.
• LGC Limited
• Thermo Fisher Scientific
• SGS
• LemnaTec
• Charles River
• DanBred
• Intertek
• Eurofins

Molecular Breeding Market Segmentation:

By Application

• Plant
• Livestock

By Marker

• Simple Sequence Repeat
• Single Nucleotide Polymorphism
• Expressed Sequence Tags
• Others

By Process

• Marker Assisted Selection
• QTL Mapping
• Marker Assisted Back Crossing

Segmentation Analysis:

The market scope is segmented because of by application, by marker, by process.

By Application

• Plant
• Livestock

Plant: Plant segment dominated the global market in 2022. Molecular breeding techniques have been used by large seed manufacturing companies to produce superior seeds, although this area of plant and livestock breeding is still in its infancy. It is projected that substantial expenditures in Agri genomic research, such as the use of MAS and genomic selection in field and vegetable crops, would come from both the public and private sectors over the next five years, driving the market's growth. The price decrease observed in the agricultural genetic services industry is another factor pushing big corporations to enter the market.

By Marker

• Simple Sequence Repeat
• Single Nucleotide Polymorphism
• Expressed Sequence Tags
• Others

Single Nucleotide Polymorphism: Single nucleotide polymorphism segment dominated the global market in 2022. Numerous groundbreaking discoveries have led to the creation of better and more efficient DNA or genetic markers like SNPs and SSRS. While certain companies, such as Illumina Inc. LGC Limited, LemnaTec, and Charles River, predominantly rely on SNPs as molecular markers, Eurofins and Thermo Fisher provide selective breeding services such as MAS and genomic selection based on SNPs and SSRS.

By Process

• Marker Assisted Selection
• QTL Mapping
• Marker Assisted Back Crossing

Marker Assisted Selection: The marker assisted selection segment dominated the global Molecular Breeding market in 2022. The main country with the greatest MAS adoption rate in 2018 was the United States. To produce novel crop varieties, molecular breeding techniques have been fully accepted in the Netherlands and the UK. Since more people are becoming aware of its usefulness in increasing yield, particularly for vegetables in industrialized nations, it is projected that genomic selection will spread the fastest.

Regional Snapshots:

• North America (U.S., Canada, Mexico)
• Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
• LAMEA (Latin America, Middle East, Africa)

Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. In 2022, this market was headed by the North American Molecular Breeding Market (45.80%). Due to the presence of significant firms in the United States and Canada, the molecular breeding industry has experienced an increase in acceptance. The primary commercial crops in this region, soybeans, and maize, have seen greater use of molecular breeding as well as a strong emphasis on biotechnology from the U.S. government. Further, In the North American area, the U.S. Molecular Breeding market had the biggest market share, while the Canada Molecular Breeding market had the quickest rate of expansion.

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.

In 2022, the Europe Molecular Breeding market held a sizable market share. This is because farmers are becoming more aware of the advantages of molecular breeding, which will open opportunities in the future market, leading to high yields in the production of wheat and maize. Further, In the European region, the German Molecular Breeding market had the biggest market share, and the U.K. Molecular Breeding market had the quickest rate of growth.

From 2023 to 2032, the Asia Pacific Molecular Breeding market is anticipated to grow significantly. It is projected that breeders' adoption of molecular technology will raise their understanding of the benefits of molecular breeding, which will increase demand over the anticipated timeframe. An increase in investments in countries like India, China, and Thailand will lead to a growth in the molecular breeding market in the Asia Pacific region. Moreover, In the Asia-Pacific region, the Indian Molecular Breeding market had the quickest rate of growth while China's Molecular Breeding market had the greatest market share.

Molecular Breeding Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report:

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

• How much the global Molecular Breeding Market valued?
• Which region has the largest share in 2024 for the global Molecular Breeding Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Molecular Breeding Market:

• Historic year: 2018- 2022
• Base year: 2023
• Forecast: 2024 to 2031
• Representation of Market revenue in USD Million

Molecular Breeding Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: