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

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MarketsandMarkets Presents
Molecular Breeding Market Global Forecast to 2023
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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 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 years
considered for the study are as follows Base
year 2017 Estimated year 2018 Projected year
2023 Forecast period 2018 to 2023 Download
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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 molecular 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, 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.
As per inputs from industry experts, the adoption
of SNPs is expected to increase until the
introduction of a better molecular marker. Even
in case of a new marker discovery, SNPs would
still be the most widely used marker during the
forecast period, taking into account the high
possible prices of the new markers. The various
contributors involved in the value chain of the
molecular breeding market include RD institutes,
breeding entities, technology providers, such as
Eurofins (Luxembourg), Illumina (US), Thermo
Fisher Scientific (US), SGS (Switzerland), and
LGC Limited (UK), and government bodies
regulatory associations such as the US Department
of Agriculture (USDA), Canadian Association of
Genetic Counsellors (CAGC), and the American
Genetic Association (AGA). Make an Inquiry
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Scope of the Report This research report
categorizes the molecular breeding market based
on process, marker type, application, and
region. Based on process, the market has been
segmented as follows QTL mapping Marker-assisted
selection (MAS) Marker-assisted backcrossing
(MABC) Genomic selection Other processes
(marker-assisted recurrent selection (MARS),
position gene cloning, and genetic
fingerprinting) Based on marker, the market has
been segmented as follows Single nucleotide
polymorphism (SNP) Simple sequence repeats
(SSR) Other markers (expressed sequence tags
(EST), sequence tagged site, and random amplified
polymorphic DNA (RAPD)) Based on region, the
market has been segmented as follows North
America Europe Asia Pacific RoW (South America,
Africa, and the Middle East) Request Sample
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• Based on application, the market has been
  segmented as follows
• Crop
• Cereals grains
• Corn
• Wheat
• Rice
• Others (sorghum, barley, and oats)
• Oilseeds pulses
• Soybean
• Others (canola, cotton, and sunflower)
• Vegetables
• Other crop types (fruits, ornamentals, and
  greenhouse nursery plants)
• Livestock
• Cattle
• Poultry
• Other livestock (equine, swine, aquaculture, and
  other avian livestock)
• 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.

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