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

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


The molecular breeding market is estimated at USD 1.79 billion in 2018 and is projected to reach USD 3.95 billion by 2023, at a CAGR of 17.11% during the forecast period. The agricultural benefits associated with these adjuvant solutions are the major factors contributing to the growth of this market, globally. The growth of economies in developing countries, coupled with the increasing R&D expenses in the agriculture industry drives the growth potential of these markets. – PowerPoint PPT presentation

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

MarketsandMarkets Presents
Molecular Breeding Market - Forecast to 2023
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
  • The years considered for the study are as
  • 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
  • Make an Inquiry https//

  • 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
  • Biotechnological companies
  • Genetic solution providers
  • Plant livestock breeders
  • Public and private research institutions/agencies/
  • Request Sample https//

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