PUBLISHER: TechSci Research | PRODUCT CODE: 1886321
PUBLISHER: TechSci Research | PRODUCT CODE: 1886321
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The Global Plant Breeding and CRISPR Plant Market, valued at USD 11.34 Billion in 2024, is projected to experience a CAGR of 7.23% to reach USD 17.24 Billion by 2030. The Global Plant Breeding and CRISPR Plant Market integrates traditional plant selection with advanced biotechnological methods, including CRISPR, for developing crop varieties with enhanced characteristics. This involves precisely modifying plant DNA to improve yield, quality, and resilience.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 11.34 Billion |
| Market Size 2030 | USD 17.24 Billion |
| CAGR 2025-2030 | 7.23% |
| Fastest Growing Segment | Biotechnological Method |
| Largest Market | Asia Pacific |
Key Market Drivers
Advancements in genomic editing technologies, particularly CRISPR-Cas systems, represent a pivotal force shaping the global plant breeding and CRISPR plant market by enabling unprecedented precision and speed in crop improvement. These technologies allow for targeted modifications to plant genomes, facilitating the rapid development of varieties with enhanced resilience, yield, and nutritional attributes. The increased efficiency significantly reduces the time and resources required to bring new traits to market.
Key Market Challenges
Diverse and complex global regulatory frameworks represent a significant impediment to the growth of the Global Plant Breeding and CRISPR Plant Market. The absence of harmonized international standards creates considerable uncertainty for developers and investors, directly impacting the commercialization timeline and financial viability of novel crop varieties. This regulatory divergence necessitates navigating distinct approval processes in each jurisdiction, often leading to increased research and development expenditure and prolonged market entry periods for new gene-edited crops.
Key Market Trends
The integration of AI and digital phenotyping platforms into plant breeding workflows represents a significant trend, enhancing both the efficiency and precision of crop development. Artificial intelligence algorithms analyze extensive genomic, environmental, and phenotypic datasets, allowing breeders to identify desirable traits and predict progeny performance with greater accuracy. Concurrently, digital phenotyping, employing robotics, advanced sensors, and sophisticated imaging technologies, automates the high-throughput collection of detailed plant characteristics across large populations. This approach overcomes the limitations of manual assessment and significantly reduces breeding cycle times.
In this report, the Global Plant Breeding and CRISPR Plant Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Plant Breeding and CRISPR Plant Market.
Global Plant Breeding and CRISPR Plant Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: