Global Plant Breeding And CRISPR Plants Market Size By Type (Conventional Breeding, Biotechnological Method), By Trait (Herbicide Tolerance, Disease Resistance), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Geographic Scope And Forecast

Plant Breeding And CRISPR Plants Market Size And Forecast

Plant Breeding And Crispr Plants Market size was valued at USD 16.44 Billion in 2024 and is projected to reach USD 42.61 Billion by 2031, growing at a CAGR of 13.95% from 2024 to 2031

The plant breeding and CRISPR plants market is really taking off! It's mostly because of cool new tech in plant biotechnology, like super-fast DNA sequencing that helps us grow more crops. Plus, people everywhere are wanting better crops that give us more food and taste better. This means there's a big opportunity for investors in the global market down the line. Want the inside scoop? The Global Plant Breeding And CRISPR Plants Market report gives you the full picture. It's got everythingthe important parts, what's hot, what's holding things back, who the big players are, and all the things that really matter in the market. It's a deep dive into the details!

Global Plant Breeding And CRISPR Plants Market Definition

Plant breeding? It's basically playing matchmaker with plants to get awesome new varieties! We're talking about tweaking their DNA to get exactly what we want. The trick is to cross plants that have qualities we love and then, over time, carefully select the offspring that show those best traits. Think bigger yields, better taste, more nutrients, or even plants that can laugh in the face of disease or tough weather. Now, there's also this cool thing called CRISPR. CRISPR plants are plants that have been genetically edited with CRISPR-Cas9. With CRISPR, scientists can really pinpoint specific genes, adding or subtracting traits with more precision than ever before, making plant breeding even more efficient!

When it comes to making better plants, we've got two main approachesclassic breeding and spiffy new biotech. Traditional breeding? That's the old-school way, using the natural variation already there to create awesome crops. It's great for tweaking traits that are complex or when you don't need to add anything totally new. But then there's biotech, which lets us get super precise and add entirely new traits that the plant never had before. Think CRISPR-Cas9 – it speeds things up and lets us create crops with features that are tough to get with old-school methods. Speaking of what we're aiming for, the global Plant Breeding And CRISPR Plants Market is all about traits like herbicide Tolerance, Disease Resistance, and, of course, Yield Improvement.

As breeders and biotechnologists work to create crop varieties with specific characteristics to address agronomic challenges and meet the needs of farmers, consumers, and the industry as a whole, these trait-based segments reflect the key areas of focus in the Plant Breeding And CRISPR Plants Market. The plant breeding and CRISPR plants industry can better understand the unique requirements and opportunities within each crop category by segmenting the market based on application. This enables targeted research, development, and commercialization efforts to meet the demands of various agricultural sectors.

Global Plant Breeding And CRISPR Plants Market Overview

Climate change, rapid population increase, rising food demand, decreasing biodiversity, and other factors all have an impact on crop plant productivity and production, which in turn has an impact on agricultural production. Food security, ecosystems, economic stability, and water resources are all significantly threatened by climate change, which is emerging as a critical global concern. The world is also being negatively impacted by climate change because it reduces productivity; heat and drought in the tropics hinder the growth and production of crops.

So, climate change could really mess with our farms and make it harder to get food around the world, which will definitely shake up the market. That's where plant breeding comes in! It's a super important way to get around these problems by creating crop varieties that are both high-yielding and able to resist tough conditions. All over the globe, people are using plant breeding techniques to soften the blow of crazy weather that's hurting our crops. We're talking about creating crops that can handle things like drought, floods, and all sorts of other extreme weather – all with the help of plant breeding to cut down on crop losses. And get thisbecause we're going to need new crop types that can stand up to this wild weather, the market for plant breeding is expected to expand a lot in the coming years! This is crucial for food security.

Thanks to some seriously cool advancements in biotechnology and genetic engineering, plant breeding is getting way better and more accurate. These new tools let us create crops with all the good stuff we want, like, fast. We're talking saving time and money compared to the old-school ways. What's really driving the PBCP markets? Well, it's a mix of those awesome tech upgrades, the cost savings, and what people are actually asking for. Consumers want food that's good for the planet, good for them, and tasty too! They're paying attention to where their food comes from, how it's made, and whether it's actually healthy. It's a big deal!

The demand for crops with improved features, such as increased nutritional value, decreased allergenicity, and less reliance on chemical inputs, is rising as a result. Market players respond to these shifting customer preferences by providing crops that have been genetically and gene-edited to fulfill these needs. Utilizing cutting-edge technology and data-driven strategies, precision agriculture aims to improve agricultural practices. Plant breeding and CRISPR technology can advance precision agriculture by creating crops that are more adapted to particular agronomic techniques and environmental circumstances. Businesses now have the chance to provide specialized agricultural solutions and technologies for precision farming.

Global Plant Breeding And CRISPR Plants Market Segmentation Analysis

The Global Plant Breeding And CRISPR Plants Market is segmented on the basis of Type, Trait, Application, and Geography.

Plant Breeding And CRISPR Plants Market, By Type

• Conventional Breeding
• Biotechnological Method

Based on Type, the market is segmented into Conventional Breeding and Biotechnological Method. The market for plant breeding is anticipated to be dominated by the biotechnological breeding method segment. The increased use of hybrid and molecular breeding techniques in emerging nations and the expansion of the cultivation of genetically modified crops globally are credited with the huge market share of this category.

Additionally, during the projected period, this segment is anticipated to have the greatest CAGR. Due to the growing acceptance of genetic modification techniques in many nations and the decreasing cost of genetic treatments, there is a surge in the demand for genetic engineering and genome editing on a global scale.

Plant Breeding And CRISPR Plants Market, By Trait

• Herbicide Tolerance
• Disease Resistance
• Yield Improvement

Based on Trait, the market is segmented into Herbicide Tolerance, Disease Resistance, and Yield Improvement. Additionally, during the projected period, this segment is anticipated to have the greatest CAGR. The development of herbicide tolerance features for transgenic and non-transgenic crops is a growing focus of major plant genetic businesses, which is responsible for the segment’s expansion.

For instance, non-transgenic Clearfield herbicide tolerance technology, created by BASF and Syngenta, is regarded as one of the game-changing advancements in hybrid breeding technology. More businesses have shown interest in entering this market, which is anticipated to contribute to the industry’s growth in the years to come.

Plant Breeding And CRISPR Plants Market, By Application

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

Okay, so when it comes to what these plants are actually used for, the market's divided into things like Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and, well, Others. And right now, cereals & grains are really calling the shots in the Plant Breeding And CRISPR Plants Market. Think maize, wheat, and rice – these are the big three getting all the attention from molecular breeding and genetic stuff. Basically, because we have tons of germplasm available for these crops, it's easier to try out these new, fancy breeding techniques. Plus, seed companies are all about hybrid breeding for maize since it's a big money-maker with tons of uses. Not to mention, everyone wants high-quality wheat and rice these days, so that's driving the demand too.

Plant Breeding And CRISPR Plants Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

So, when we look at the Global Plant Breeding And CRISPR Plants Market, we can break it down by geographyNorth America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. What's really interesting is how Asia's growing economy is fueling a bigger demand for commercial seeds. Companies like Bayer, Monsanto, and Syngenta are even beefing up their R&D in the Asia Pacific region to grab a bigger piece of the pie. It's a mixed bag though, because while private companies are pouring money into plant research, public funding is actually shrinking. But, with the biotech industry booming in China, Japan, and India, the plant breeding market has a ton of potential to grow in the coming years.

Key Players

The “Global Plant Breeding And CRISPR Plants Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Advanta Seeds Ltd, Bayer AG, Benson Hill Biosystems, Bioconsortia, DLF, Hudson River Biotechnology, KWS Group, Dow, Inc., DuPont de Nemours, Inc., Equinom, Eurofins Scientific, Evogene Ltd, Groupe Limagrain, Land O’lakes, Pacific Biosciences, SGS, and Syngenta.

Our market analysis provides in-depth information on key players, including information on their financial statements, product portfolios, product benchmarking, and SWOT analyses. Along with market share research, important development strategies, recent advancements, and market ranking analysis of the aforementioned competitors globally are also included in the competitive landscape section.

Key Developments

• In August 2022, Bayer increased its current investment by acquiring the majority of CoverCress Inc., a producer of low-carbon sustainable oilseeds. By utilizing the experience of current investors Bunge and Chevron/farmers to potentially commercialize oilseeds into renewable fuels and animal feed that deliver ecosystem benefits through cover crops, Bayer’s existing investment in CoverCress Inc., this investment fulfilled Bayer’s sustainability commitments can help reduce agricultural carbon emissions and reduce dependence on nitrogen fertilizers. This has aided the company’s business expansion.
• A computer tool called Khufu was introduced in August 2021 by the US-based research center HudsonAlpha Institute for Biotechnology to enhance plant breeding. This tool quickly and accurately locates and evaluates variations in complicated genomes.

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