Crop Breeding Technology Market was valued at USD 6.2 Billion in 2022 and is projected to reach USD 12.4 Billion by 2030, growing at a CAGR of 9.0% from 2024 to 2030.
The global Crop Breeding Technology market was valued at approximately USD 5.2 billion in 2022, with a projected compound annual growth rate (CAGR) of 8.3% from 2023 to 2028. This significant growth is driven by advancements in genetic engineering, increasing demand for high-yield and disease-resistant crop varieties, and the adoption of precision agriculture technologies. The market's expansion is also supported by rising investments in research and development aimed at enhancing crop productivity and sustainability, alongside growing awareness among farmers regarding the benefits of modern breeding techniques.
Opportunities within the Crop Breeding Technology market are substantial, particularly in emerging regions where agricultural practices are evolving rapidly. The market is expected to see heightened activity in developing economies where there is a strong push for agricultural modernization and food security. The rise of next-generation sequencing technologies and bioinformatics tools presents new avenues for innovation and growth. Additionally, the increasing emphasis on climate-resilient crops and the integration of artificial intelligence in breeding processes are poised to further drive market expansion and create lucrative opportunities for stakeholders.
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BASF
Dupont Pioneer
Syngenta
Advanta
Yuan Long Ping High-Tech Agriculture
Limagrain Group
China National Seed Group
Hainan Shennong Gene
Tozer Seeds Ltd
Australian Grain Technologies
Hubei Provincial Seed Group
Hefei Seed Company
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Crop Breeding Technology Market
Self-employed Farms
Agricultural Group
Commercial Use
Industrial Use
Based on Types the Market is categorized into Below types that held the largest Crop Breeding Technology market share In 2023.
Wheat
Barley & Maize
Oilseed
Peas
Beans & Vining Peas
Sugar Beet
Cotton
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Crop Breeding Technology Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Crop Breeding Technology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Crop Breeding Technology Market, By Type
6. Global Crop Breeding Technology Market, By Application
7. Global Crop Breeding Technology Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Crop Breeding Technology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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