Molecular Breeding Market Size Expansion: Projected to Hit $9.28 Billion by 2029 with 17.6% Growth

 The Business Research Company’s report on the Molecular Breeding Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.

 
 What are the primary drivers fueling the growth of the molecular breeding market in recent years?
 Increased cultivation of industrial and high-value crops is expected to propel the growth of the molecular breeding market going forward. The cultivation of industrial and high-value crops refers to agribusinesses focusing on crops with a higher value in the market due to their use in various industrial applications. Molecular breeding helps cultivate high-value crops by giving plants superior traits such as disease resistance, high-crop yields, and draught resistance. Hence, the increasing cultivation of industrial and high-value crops will support the growth of the molecular breeding market. For instance, in July 2024, according to the Department for Environment, Food, and Rural Affairs, a UK-based government department, the volume of harvested production increased from £4,045 million($5,245 million) in 2021 to £6,102 million ($7,912 million) in 2022. Therefore, the increased cultivation of industrial and high-value crops is driving the growth of the molecular breeding market.
 
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 What is the projected market size of the molecular breeding industry, and how is it expected to grow?
 The molecular breeding market size has grown rapidly in recent years. It will grow from$4.08 billion in 2024 to $4.85 billion in 2025 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period can be attributed to emergence of marker-assisted selection (mas), adoption of biotechnological tools, improvements in phenotyping methods, shift to high-throughput screening, seed industry revolution
 
 The molecular breeding market size is expected to see rapid growth in the next few years. It will grow to “$9.28 billion in 2029 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to rise in demand for disease-resistant varieties, focus on climate adaptation, growing population and food security concerns, consumer preferences for quality traits, regulatory support for biotechnology. Major trends in the forecast period include consumer demand for improved varieties, application of machine learning and ai, emergence of bioinformatics solutions, collaboration between public and private sectors, focus on climate-resilient varieties.
 
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 Who are the key players driving competition in the molecular breeding market?
 Major companies operating in the molecular breeding market include Illumina Inc., LGC Group Limited, Eurofins Scientific SE, Thermo Fisher Scientific Inc., SGS Société Générale de Surveillance S.A., Intertek Group plc, DanBred P/S, LemnaTec GmbH, Charles River Laboratories International Inc., Slipstream It Solutions Private Limited, Fruitbreedomics B.V., Campbell Scientific Inc., Keygene N.V., KWS SAAT SE & Co. KGaA, Genus plc, Groupe Limagrain, Syngenta Group, Bayer Aktiengesellschaft, Corteva Agriscience, BASF SE, Dow AgroSciences LLC, Monsanto Company, Pioneer Hi-Bred International Inc., Agilent Technologies Inc., QIAGEN N.V., Bio-Rad Laboratories Inc., Merck KGaA Darmstadt, GenScript Biotech Corporation, Genewiz Inc., Eurogentec S.A., Integrated DNA Technologies Inc., Novogene Corporation Limited, BGI Group
 
 What key trends are expected to drive the modular flooring market during the forecast period?
 Major companies operating in the molecular breeding market are focused on developing advanced solutions such as integrated system to enhance crop yield, improve disease resistance, and accelerate the breeding process through cutting-edge genetic technologies. An integrated system refers to a cohesive framework that combines various components or processes into a single, unified operation, enabling seamless interaction and improved efficiency across all functions. For instance, in June 2024, MGI Tech, a China-based biotechnology company, launched a whole workflow solution for large-scale low-pass whole genome sequencing (WGS). This innovation is designed to enhance molecular breeding and genotyping processes for agricultural diploid species. Key features include an automated full-process product portfolio, high throughput capabilities, and advanced sequencing instruments.
 
 Which key geographies are driving the growth of the molecular breeding market?
 North America was the largest region in the molecular breeding market in 2024.Asia-pacific is expected to be the fastest-growing region in the global molecular breeding market report during the forecast period. The regions covered in the molecular breeding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
 
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 What are the key segments driving growth in the molecular breeding market?
 The molecular breeding market covered in this report is segmented –
 
 1) By Process: QTL Mapping, Marker-Assisted Selection, Marker-Assisted Backcrossing, Genomic Selection, Other Process
 2) By Marker Type: Single Sequence Repeats (SSR), Single Nucleotide Polymorphism (SNP), Other Marker Type
 3) By Application: Crop Breeding, Livestock Breeding
 
 Subsegments:
 1) By QTL Mapping: Trait Mapping, Population Development, Phenotypic Data Collection, Genotypic Data Analysis, Other QTL Mapping Techniques
 2) By Marker-Assisted Selection: Single Marker Selection, Multiple Marker Selection, Genomic Selection Markers, Other Marker-Assisted Selection Techniques
 3) By Marker-Assisted Backcrossing: Backcrossing Protocols, Selection Of Donor and Recurrent Parents, Evaluation of Progeny, Other Backcrossing Techniques
 4) By Genomic Selection: Genomic Prediction Models, Genotyping Technologies, Trait Prediction Accuracy, Other Genomic Selection Techniques
 5) By Other Process: CRISPR-Cas9 Gene Editing, Transgenic Breeding Techniques, Synthetic Biology Applications, Other Emerging Molecular Breeding Processes
 
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 What defines the structure and scope of the molecular breeding market?
 Molecular breeding is a technique to identify and select desired genetic traits in organisms, by identification of specific genes or markers that are linked to the desired traits, which can be used to track those traits through generations of breeding.
 
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