The global plant breeding market size was valued at USD 18.4 billion in 2023 and is poised to grow at a significant CAGR of 12.6% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the plant breeding market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global plant breeding market segmentation:
1) By Type: Conventional Breeding, and Biotechnological
2) By Trait: Herbicide Tolerance, Disease Resistance, yield Improvement, and Others
3) By Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others
4) By Process: Selection, Hybridization, and Mutation Breeding
The primary factors of the plant breeding market drivers are increasing awareness about the importance of sustainable crop production and the declining costs of genomic solutions. The plant breeding market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action to change perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The plant breeding market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the plant breeding market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the plant breeding market key players are Bayer (Germany), Syngenta (Switzerland), KWS Group (Germany), Dowdupont (United States), Groupe Limagrain, Advanta Seeds (UPL), Eurofins (Luxemburg) is covered here to help them in strengthening their place in the market.
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