Plant Breeding & CRISPR Plants Market by Process, Trait, Type, Application

Description

List of Tables

The Plant Breeding & CRISPR Plants Market was valued at USD 13.59 billion in 2023, expected to reach USD 15.64 billion in 2024, and is projected to grow at a CAGR of 15.53%, to USD 37.35 billion by 2030.

The scope of plant breeding and CRISPR plants encompasses the development and enhancement of plant varieties through genetic modification techniques, particularly CRISPR-Cas9. This technology allows precise edits to plant genomes, creating crops with enhanced traits such as increased yield, disease resistance, and climate adaptability. The necessity for CRISPR plants arises from the urgent need to address global food security, agricultural sustainability, and climatic pressures. Key applications include the development of plants with improved nutritional profiles, resilience to biotic and abiotic stresses, and reduced reliance on chemical inputs. End-use sectors primarily involve agriculture and food industries, with potential expansion into biofuels and pharmaceuticals.

KEY MARKET STATISTICS
Base Year [2023]	USD 13.59 billion
Estimated Year [2024]	USD 15.64 billion
Forecast Year [2030]	USD 37.35 billion
CAGR (%)	15.53%

Market growth is influenced by increasing demand for sustainable agricultural practices, the need for climate-adaptive crops, and supportive regulatory frameworks in certain regions. Moreover, rapid technological advances in genomics and increasing R&D investments are driving the market. Potential opportunities exist in developing crops tailored for regional climate conditions and nutritional requirements, as well as partnerships for technology integration into existing agricultural practices. However, the market faces limitations such as regulatory hurdles, public acceptance issues, and ethical considerations surrounding genetic modification. The stringent regulatory environment, particularly in Europe, and consumer wariness about GMOs can hinder growth prospects.

Innovative possibilities lie in precision agriculture, where CRISPR plants are integrated with IoT and AI for optimized crop management. Additionally, research on gene-editing for pest and disease resistance without affecting biodiversity presents significant potential. The market's nature is dynamic, with rapid technological innovations and evolving consumer preferences driving continuous development. Businesses should focus on collaborative research initiatives, engaging in transparent communication to address consumer concerns, and seeking strategic partnerships with biotechnology firms and agricultural companies to leverage complementary strengths. By focusing on these areas, companies can capitalize on the growing trend towards sustainable agriculture, positioning themselves at the forefront of the plant breeding revolution.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Plant Breeding & CRISPR Plants Market

The Plant Breeding & CRISPR Plants Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Growing need for improved crop varieties using modern breeding techniques
- Extensive decrease in expense of genomic solutions
- Technological advancements to improve crop production
Market Restraints
- Capital intensive modern breeding compared to traditional breeding
Market Opportunities
- Increasing investments from seed companies for CRISPR plants
- Favorable regulations for molecular plant breeding
Market Challenges
- Lack of laboratory infrastructure and validated markers

Porter's Five Forces: A Strategic Tool for Navigating the Plant Breeding & CRISPR Plants Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Plant Breeding & CRISPR Plants Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Plant Breeding & CRISPR Plants Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Plant Breeding & CRISPR Plants Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Plant Breeding & CRISPR Plants Market

A detailed market share analysis in the Plant Breeding & CRISPR Plants Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Plant Breeding & CRISPR Plants Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Plant Breeding & CRISPR Plants Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Plant Breeding & CRISPR Plants Market

A strategic analysis of the Plant Breeding & CRISPR Plants Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Plant Breeding & CRISPR Plants Market, highlighting leading vendors and their innovative profiles. These include AgriSeq Solutions Inc., Bayer AG, Benson Hill Biosystems, Inc., BioConsortia, Inc., Cibus, Ltd., DLF Seeds Ltd, DuPont de Nemours, Inc., Equinom, Eurofins Scientific SE, Evogene Ltd., J.R. Simplot Company, Pacific Biosciences of California, Inc., SGS S.A., Syngenta Group, Tropic Biosciences UK LTD, and Yield10 Bioscience, Inc..

Market Segmentation & Coverage

This research report categorizes the Plant Breeding & CRISPR Plants Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Process, market is studied across Hybridization, Mutation Breeding, and Selection. The Hybridization is further studied across Bulk Method, Double Cross, Pedigree Method, Single Cross, and Three-Way Cross. The Selection is further studied across Mass Selection and Pure Line Selection.
Based on Trait, market is studied across Disease Resistance, Herbicide Tolerance, and Yield Improvement.
Based on Type, market is studied across Biotechnological Method and Conventional Breeding. The Biotechnological Method is further studied across Genetic Engineering, Genome Editing, Hybrid Breeding, and Molecular Breeding.
Based on Application, market is studied across Cereals & Grains, Fruits & Vegetables, and Oilseeds & Pulses.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-431752EA4901

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing need for improved crop varieties using modern breeding techniques
  - 5.1.1.2. Extensive decrease in expense of genomic solutions
  - 5.1.1.3. Technological advancements to improve crop production
- 5.1.2. Restraints
  - 5.1.2.1. Capital intensive modern breeding compared to traditional breeding
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing investments from seed companies for CRISPR plants
  - 5.1.3.2. Favorable regulations for molecular plant breeding
- 5.1.4. Challenges
  - 5.1.4.1. Lack of laboratory infrastructure and validated markers
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Plant Breeding & CRISPR Plants Market, by Process

6.1. Introduction
6.2. Hybridization
- 6.2.1. Bulk Method
- 6.2.2. Double Cross
- 6.2.3. Pedigree Method
- 6.2.4. Single Cross
- 6.2.5. Three-Way Cross
6.3. Mutation Breeding
6.4. Selection
- 6.4.1. Mass Selection
- 6.4.2. Pure Line Selection

7. Plant Breeding & CRISPR Plants Market, by Trait

7.1. Introduction
7.2. Disease Resistance
7.3. Herbicide Tolerance
7.4. Yield Improvement

8. Plant Breeding & CRISPR Plants Market, by Type

8.1. Introduction
8.2. Biotechnological Method
- 8.2.1. Genetic Engineering
- 8.2.2. Genome Editing
- 8.2.3. Hybrid Breeding
- 8.2.4. Molecular Breeding
8.3. Conventional Breeding

9. Plant Breeding & CRISPR Plants Market, by Application

9.1. Introduction
9.2. Cereals & Grains
9.3. Fruits & Vegetables
9.4. Oilseeds & Pulses

10. Americas Plant Breeding & CRISPR Plants Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Plant Breeding & CRISPR Plants Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Plant Breeding & CRISPR Plants Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AgriSeq Solutions Inc.
2. Bayer AG
3. Benson Hill Biosystems, Inc.
4. BioConsortia, Inc.
5. Cibus, Ltd.
6. DLF Seeds Ltd
7. DuPont de Nemours, Inc.
8. Equinom
9. Eurofins Scientific SE
10. Evogene Ltd.
11. J.R. Simplot Company
12. Pacific Biosciences of California, Inc.
13. SGS S.A.
14. Syngenta Group
15. Tropic Biosciences UK LTD
16. Yield10 Bioscience, Inc.