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

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MarketsandMarkets Presents
Molecular Breeding Market - Forecast to 2023
https//www.marketsandmarkets.com/Market-Reports/m
olecular-breeding-market-168846611.html
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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" 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 market is driven by factors such as the
rising public and private funds toward
agrigenomic research, declining prices of genomic
solutions, increasing adoption of molecular
techniques in livestock breeding, and
technological advancements such as the emergence
of genomic selection technology in the
market. Browse 74 market data Tables and 40
Figures spread through 155 Pages and in-depth TOC
on "Molecular Breeding Market - Global Forecast
to 2023"  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. Download PDF Brochure
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• The years considered for the study are as
  follows
• Base year 2017
• Estimated year 2018
• Projected year 2023
• Forecast period 2018 to 2023
• The objectives of the report are as follows
• Determining and projecting the size of the
  molecular breeding market, with respect to
  process, marker, application, and regional
  markets, 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 based on the
  impact of macro and microeconomic factors on the
  market and shifts in demand patterns across
  different subsegments and regions.
• 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). 
• Make an Inquiry https//www.marketsandmarkets.com
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• 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 selective 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, genetic
  marker-assisted selection witnessed higher demand
  as a result of its simplicity and accuracy in
  comparison to traditional methods.
• 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.
• Target Audience
• Technology providers, lab instrument equipment
  manufacturers
• Biotechnological companies
• Genetic solution providers
• Plant livestock breeders
• Public and private research institutions/agencies/
  laboratories
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•  

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