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Plant Breeding Market Share

Report ID: GMI10638
Published Date: Aug 2024
Report Format: PDF

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Plant Breeding Market Share

Plant Breeding Market Company Share, (2023)

The plant breeding industry is highly competitive, with a few major businesses dominating the industry. These companies are involved in the development, manufacturing, and commercialization of new crop varieties, utilizing modern breeding technology and considerable R&D resources. Mergers, acquisitions, and strategic alliances are popular tactics for increasing market presence and technology capabilities.

Companies buy smaller breeding enterprises or develop alliances with research institutes to gain access to innovative technologies and germplasm. Leading corporations make significant investments in research and development to create cutting-edge breeding technology and superior crop types. This includes using genomic selection, marker-assisted breeding, and gene editing to produce desirable features more effectively.

Plant Breeding Market Companies

Top companies operating in the plant breeding industry include:

Bayer AG
Bejo Zaden B.V.
Corteva
Enza Zaden
KWS SAAT SE & Co. KGaA
Limagrain
Rijk Zwaan Zaadteelt en Zaadhandel B.V
Sakata
Syngenta
Takii Europe B.V..

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for plant breeding was valued at USD 14.8 billion in 2023 and is anticipated to register 12.8% CAGR between 2024 and 2032, driven by the growing demand for high-yielding, and disease-resistant crops.

The traditional breeding segment in the plant breeding market is anticipated to expand at 13.1% CAGR during 2024-2032 due to their long-standing dependability and popularity.

North America market was worth USD 4.98 billion and is expected to record 13.4% CAGR through 2032, fueled by the rapid technology breakthroughs and widespread government assistance.

Bayer AG, Bejo Zaden B.V., Corteva, Enza Zaden, KWS SAAT SE & Co. KGaA, Limagrain, Rijk Zwaan Zaadteelt en Zaadhandel B.V, Sakata, Syngenta, and Takii Europe B.V.