Global Plant Breeding Market is estimated to be valued at USD 15.75 Bn in 2025 and is expected to reach USD 33.97 Bn by 2032, growing at a compound annual growth rate (CAGR) of 11.6% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 15.75 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
11.60% |
2032 Value Projection: |
USD 33.97 Bn |
The global plant breeding market has witnessed significant growth in recent years, driven by the increasing demand for high-yielding, disease-resistant, and climate-resilient crops. Plant breeding is a crucial aspect of agricultural science that involves the development of new plant varieties with desirable traits through various techniques such as cross-breeding, hybrid breeding, and genetic engineering. The market encompasses a wide range of crops, including cereals, oilseeds, fruits, vegetables, and ornamental plants. With the growing global population, changing climatic conditions, and the need for sustainable agriculture, plant breeding has become an essential tool for ensuring food security and meeting the diverse needs of consumers and industries worldwide.
Market Dynamics:
The global plant breeding market is influenced by several factors, including the increasing demand for food due to population growth, the need for higher crop yields, and the development of advanced breeding technologies. The rising awareness about the benefits of consuming nutrient-rich crops and the growing trend of organic farming have also contributed to the market growth. However, the market faces challenges such as the high cost of research and development, stringent regulations regarding genetically modified crops, and the time-consuming nature of the breeding process. Additionally, the lack of skilled professionals and limited access to advanced breeding technologies in developing countries may hinder market growth. Despite these challenges, the market presents significant opportunities for growth, such as the increasing adoption of marker-assisted selection, the development of new breeding techniques like CRISPR-Cas9, and the growing demand for crops with specific traits such as disease resistance, drought tolerance, and enhanced nutritional value.
Key Features of the Study:
- This report provides in-depth analysis of the global plant breeding market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global plant breeding market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include BASF SE, Syngenta AG, Monsanto Company (Bayer), DuPont Pioneer, Corteva Agriscience, Limagrain, KWS SAAT SE, Rothamsted Research, Enza Zaden, Syngenta Seeds, Allergan, Evogene Ltd., Seed Co Limited, DLF Seeds, and Bayer CropScience AG
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global plant breeding market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global plant breeding market
Market Segmentation
- Breeding Type Insights (Revenue, USD Bn, 2020 - 2032)
- Conventional Breeding
- Hybrid Breeding
- Molecular Breeding
- Genetic Engineering
- Crop Type Insights (Revenue, USD Bn, 2020 - 2032)
- Cereals and Grains
- Fruits and Vegetables
- Oilseeds
- Flowers and Ornamental Plants
- Others
- Trait Insights (Revenue, USD Bn, 2020 - 2032)
- Herbicide Tolerance
- Insect Resistance
- Yield Improvement
- Application Insights (Revenue, USD Bn, 2020 - 2032)
- Food Production
- Biofuel Production
- Pharmaceuticals
- Others
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- BASF SE
- Syngenta AG
- Monsanto Company (Bayer)
- DuPont Pioneer
- Corteva Agriscience
- Limagrain
- KWS SAAT SE
- Rothamsted Research
- Enza Zaden
- Syngenta Seeds
- Allergan
- Evogene Ltd.
- Seed Co Limited
- DLF Seeds
- Bayer CropScience AG