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Molecular Breeding - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303693
Global Molecular Breeding Market to Reach $7.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Molecular Breeding estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 16.7% over the analysis period 2020-2027. Marker-Assisted Selection (MAS), one of the segments analyzed in the report, is projected to record a 17.3% CAGR and reach US$2.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the QTL Mapping segment is readjusted to a revised 16.3% CAGR for the next 7-year period.





The U.S. Market is Estimated at $711.2 Million, While China is Forecast to Grow at 16.1% CAGR

The Molecular Breeding market in the U.S. is estimated at US$711.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 16.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 14.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR.

Marker-Assisted Backcrossing (MABC) Segment to Record 15.4% CAGR

In the global Marker-Assisted Backcrossing (MABC) segment, USA, Canada, Japan, China and Europe will drive the 15.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$344.6 Million in the year 2020 will reach a projected size of US$926.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$852.2 Million by the year 2027.

Select Competitors (Total 32 Featured):
  • Eurofins Scientific
  • Illumina
  • LGC Limited
  • Thermo Fisher Scientific, Inc.
  • SGS SA
  • DanBred
  • Intertek Group Plc
  • LemnaTec GmbH
  • Charles River Laboratories
  • Slipstream Automation
  • Fruitbreedomics
Frequently Asked Questions about the Global Market for Molecular Breeding

What is the estimated value of the Global Market for Molecular Breeding?

The Global Market for Molecular Breeding was estimated to be valued at $2.4 Billion in 2020.

What is the growth rate of the Global Market for Molecular Breeding?

The growth rate of the Global Market for Molecular Breeding is 16.8%, with an estimated value of $7.1 Billion by 2027.

What is the forecasted size of the Global Market for Molecular Breeding?

The Global Market for Molecular Breeding is estimated to be worth $7.1 Billion by 2027.

Who are the key companies in the Global Market for Molecular Breeding?

Key companies in the Global Market for Molecular Breeding include Eurofins Scientific, Illumina, LGC Limited, Thermo Fisher Scientific, Inc., SGS SA, DanBred, Intertek Group Plc, LemnaTec GmbH and Slipstream Automation.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD

IV. COMPETITION
  • Total Companies Profiled: 32

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Eurofins Scientific
  • Illumina
  • LGC Limited
  • Thermo Fisher Scientific, Inc.
  • SGS SA
  • DanBred
  • Intertek Group Plc
  • LemnaTec GmbH
  • Charles River Laboratories
  • Slipstream Automation
  • Fruitbreedomics