Molecular Breeding Market by Process, Marker, Application and Region – 2023


Posted June 14, 2019 by akshjain

The molecular breeding market is projected to reach USD 3.95 billion by 2023, from USD 1.79 billion in 2018, at a CAGR of 17.11% during the forecast period.

 
The report "Molecular Breeding Market by Process (Qtl Mapping, Marker-Assisted Selection, Marker-Assisted Backcrossing, and Genomic Selection), Marker (Snp, Ssr), Application (Crop Breeding and Livestock Breeding), and Region-Global Forecast to 2023"

Marker-assisted selection is estimated to be the most widely used process of molecular breeding.
Marker-assisted selection is the most widely adopted process in molecular breeding by key breeding entities, majorly for crop applications. Cost and time efficiency are the major factors attributing to the increasing adoption of this technique over traditional methods. Also, among the services offered by key players, marker-assisted selection witnessed higher demand as a result of its simplicity and accuracy in comparison to traditional methods.

Scope of the Report

This research report categorizes the molecular breeding market based on process, marker type, application, and region.
Based on process, the market has been segmented as follows:
• QTL mapping
• Marker-assisted selection (MAS)
• Marker-assisted backcrossing (MABC)
• Genomic selection
• Other processes (marker-assisted recurrent selection (MARS), position gene cloning, and genetic fingerprinting)

Based on marker, the market has been segmented as follows:
• Single nucleotide polymorphism (SNP)
• Simple sequence repeats (SSR)
• Other markers (expressed sequence tags (EST), sequence tagged site, and random amplified polymorphic DNA (RAPD))

Based on application, the market has been segmented as follows:
• Crop
o Cereals & grains
 Corn
 Wheat
 Rice
 Others (sorghum, barley, and oats)
o Oilseeds & pulses
 Soybean
 Others (canola, cotton, and sunflower)
o Vegetables
o Other crop types (fruits, ornamentals, and greenhouse & nursery plants)
• Livestock
o Cattle
o Poultry
o Other livestock (equine, swine, aquaculture, and other avian livestock)

Based on region, the market has been segmented as follows:
• North America
• Europe
• Asia Pacific
• RoW (South America, Africa, and the Middle East)

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Single Nucleotide Polymorphism (SNP) segment is projected to be the fastest-growing during the forecast period.
The SNP segment is projected to register the highest growth rate from 2018 to 2023. SNP provides the simplest form of molecular markers as a single nucleotide base. They are abundant, ubiquitous, and amenable to high- and ultra-high-throughput automation. Owing to the high accuracy and higher number of loci with SNP in comparison to SSRs, companies have been using SNPs for molecular breeding services. As per inputs from industry experts, the adoption of SNPs is expected to increase until the introduction of a better molecular marker. Even in case of a new marker discovery, SNPs would still be the most widely used marker during the forecast period, taking into account the high possible prices of the new markers.

North America is estimated to dominate the market in 2018, while Asia Pacific is projected to be the fastest-growing market for molecular breeding through 2023.
The North American region is estimated to account for the largest share in 2018 due to the presence of players such as Eurofins (Luxembourg), Illumina (US), Thermo Fisher Scientific (US), and Charles River (US). Moreover, the presence of these companies in technologically advanced countries such as the US and Canada has resulted in an increase in the adoption of molecular breeding technologies. Additionally, factors such as the rising number of entrepreneurial farmers with increasing awareness of modern agricultural practices and efficient distribution channels are the key competitive advantages for the North American market.

The market for molecular breeding in the Asia Pacific region is projected to grow at the highest CAGR from 2018 to 2023, owing to the increasing investments by key players in countries such as China, India, and Thailand along with the rising adoption of molecular technology among crop breeders.
This report includes a study of the development strategies, along with the product portfolios of leading companies. It also includes the profiles of leading companies such as Eurofins (Luxembourg), Illumina (US), LGC Limited (UK), Thermo Fisher Scientific (US), SGS (Switzerland), DanBred (Denmark), Intertek Group (UK), LemnaTec (Germany), Charles River (US), Slipstream Automation (New Zealand), and Fruitbreedomics (consortium).

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
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Categories Agriculture , Food , Reports
Tags global molecular breeding market , molecular breeding market , molecular breeding market report , molecular breeding market size
Last Updated June 14, 2019