Plant Breeding and CRISPR Plants Market by Type, Application, Region - 2023

1
MarketsandMarkets Presents
Plant Breeding and CRISPR Plants Market -
Forecast to 2025 https//www.marketsandmarkets.com
/Market-Reports/plant-breeding-crispr-plants-marke
t-256910775.html

2
The report "Plant Breeding and CRISPR Plants
Market by Type (Conventional and Biotechnological
Hybrid, Molecular Breeding, GM, Genome
Editing), Trait (Herbicide Tolerance, Disease
Resistance, and Yield Improvement), Application,
and RegionGlobal Forecast to 2023" The plant
breeding and CRISPR plants market is projected to
reach USD 14.6 billion by 2023, from USD 7.6
billion in 2018, at a CAGR of 13.95 during the
forecast period. The market is driven by factors
such as the growing need for high-quality crops
and increased yield, and rising application of
plant biotechnology in the agriculture
industry. Browse 85 market data Tables and 53
Figures spread through 189 Pages and in-depth TOC
on "Plant Breeding and CRISPR Plants Market
Global Forecast to 2023 North America is
estimated to dominate the market in 2018, while
the Asia Pacific is projected to witness the
fastest growth through 2023. The increasing
industrial value for corn and soybean in the US
has been encouraging breeders to adopt advanced
technologies for better yield, owing to which the
adoption rate for crop genetics in this country
has been high. Also, the limited regulatory
control and high promotional support for
intellectual property affairs in genetic
technology have been extremely favorable toward
the adoption of plant biotechnological tools in
agriculture. Hence, North America dominated the
global plant breeding market in 2017. On the
other hand, there has been an ever-increasing
demand for commercial seeds in the Asian market,
in line with the improving economic conditions.
Also, seed manufacturers such as Bayer, Monsanto,
and Syngenta have been showing increasing
interest in tapping this potential market,
wherein the companies have been expanding their
RD centers across the Asia Pacific. Download
PDF Brochure https//www.marketsandmarkets.com/pd
fdownloadNew.asp?id256910775
3

• Report Objectives
• Determining and projecting the size of the plant
  breeding and CRISPR plants market on the basis of
  type, trait, application, and region, over a
  five-year period ranging from 2018 to 2023
• Identifying attractive opportunities in the
  market by determining the largest and
  fastest-growing segments across regions
• Analyzing the demand-side factors on the basis of
  the following
• Impact of macro- and micro-economic factors on
  the market
• Shifts in the demand patterns across different
  subsegments and regions
• Identifying and profiling key market players in
  the plant breeding and CRISPR plants market on
  the basis of the following
• Product/ service offering
• Business strategies               
• Strengths, weaknesses, opportunities, and threats
• Key financials
• Understanding the competitive landscape for a
  comparative analysis of market leaders and
  identifying the key market shareholders across
  the industry.
• Analyzing regulatory frameworks across regions
  and their impact on prominent market players
• Providing insights on key investments in
  technology innovations and technology
• Request for sample Pages https//www.marketsandma
  rkets.com/requestsampleNew.asp?id256910775

4
On the basis of type, the biotechnological method
is projected to witness the fastest growth in the
plant breeding and CRISPR plants market during
the forecast period The increasing adoption of
hybrid and molecular breeding techniques in
developing countries and the growing cultivation
of GM crops in the Americas are factors
contributing to its high growth. The growing
market for crop genetics in various countries of
the Americas and the declining cost of genetic
procedures in the past decade are factors driving
the demand for genetic engineering and genome
editing in the region. Unlike genetic techniques,
no regulations are implied by the government for
molecular breeding across the globe, which is
projected to drive the growth of the
biotechnological method at a higher rate during
the forecast period. Advances in the field of
CRISPR gene editing technology have brought about
the third revolution in crop improvement and
these tools can be used along with existing
technologies. On the basis of trait, the
herbicide tolerance segment is projected to
witness the fastest growth in the plant breeding
and CRISPR plants market Increasing regulations
on the use of chemical pesticides and rising
instances of pest attacks during the early
germination phase have increased the need for
pesticide-tolerant seeds. Herbicide tolerance has
been one of the major traits targeted by plant
genetic companies for transgenic and
non-transgenic crops. Non-transgenic Clearfield
herbicide tolerance technology, developed by BASF
and Syngenta, is recognized as one of the
groundbreaking innovations in hybrid breeding
technology, and more companies have exhibited
their interest to enter this industry, which is
projected to contribute to the growth in the next
five years. Make an Inquiry https//www.marketsa
ndmarkets.com/Enquiry_Before_BuyingNew.asp?id2569
10775  
5

• Key Market Players
• Plant breeding has been practiced for thousands
  of years. However, technologies such as unmanned
  aerial vehicles (UAVs), robots, artificial
  intelligence (AI), and machine learning are
  revolutionizing this practice. Hence, plant
  breeders are continuously investing in these
  technologies to explore the genetic basis of
  trait variation in crops with higher accuracy and
  within the limited timeline. Companies such as
  Bayer (Germany), Syngenta (Switzerland), KWS
  (Germany), and DowDuPont (US) utilize
  combinations of both traditional and molecular
  breeding to develop various seed traits, whereas
  companies such as Eurofins (Luxembourg) and SGS
  (Switzerland) provide services to certain seed
  companies. Various strategies such as
  acquisitions, partnerships, and expansions were
  adopted by companies, research institutes, and
  academic institutions to enter the plant breeding
  and CRISPR plants market.
• Recent developments
• In October 2018, KWS SAAT SE and J.R. Simplot
  Company (US), together founded a new joint
  venture, Adrevo B.V. This new joint venture would
  focus on the development of breeding potato
  varieties with improved and new traits.
• In September 2018, Limagrain (France) acquired
  AdvanSeed (Denmark), through its subsidiary
  Vilmorin Cie. The acquired company has
  specialization in the breeding, production, and
  distribution of hybrid spinach and leafy
  vegetable seeds.
• In October 2017, DuPont Pioneer and the Donald
  Danforth Plant Science Center (Danforth
  Center) (US), entered into a collaborative
  agreement. Under this agreement, DuPont agreed to
  provide access to its intellectual property (IP),
  technology capabilities, and scientific expertise
  related to methods for using CRISPR-Cas
  technology for the development of improved seed
  varieties.
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id256910775

6
Contact Us
ContactMr. Aashish MehraMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.comBlog _at_
https//www.marketsandmarketsblog.com/market-repor
ts/agriculture-industry Connect with us on
LinkedIn _at_ http//www.linkedin.com/company/markets
andmarkets
7
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.