28.01.2020 22:30:00
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World Molecular Breeding Market Report with Forecasts and CAGR Projections to 2027
DUBLIN, Jan. 28, 2020 /PRNewswire/ -- The "Molecular Breeding - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Molecular Breeding Market accounted for $1.82 billion in 2018 and is expected to reach $8.56 billion by 2027 growing at a CAGR of 18.7% during the forecast period. Factors such as rise in funds for agrigenomics, increasing research & development activities in the developing nations on agricultural activities, advantages associated with the adjuvant solutions are expected to fuel the growth of the market. However, lack of laboratory infrastructure, dearth of skilled professionals, and huge cost of molecular breeding are restraining the market.
Molecular breeding is the process of genetical improvement of plants and animals. Molecular biology techniques are applied to breeding at molecular level. The makers of genes are changed by mix and match of DNA makers in the molecular breeding technique.
In terms of application, the cereals & grains segment is estimated to experience lucrative growth during the forecast period. With the increasing global concern on food security and rising demand for crops in various industries, there has been an increasing need to bridge the supply-demand gap, owing to which the demand for crops with the desired traits has been rising among the plant breeders. Based on geography, North America is likely to have a huge demand owing to the wide-scale application of molecular breeding techniques on crops such as corn and soybean, coupled with the favourable regulations by the US government toward the application of biotechnology in agriculture.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Molecular Breeding Market, By Marker
6 Global Molecular Breeding Market, By Process
7 Global Molecular Breeding Market, By Application
8 Global Molecular Breeding Market, By Geography
9 Key Developments
10 Company Profiling
- Eurofins
- Thermo Fisher Scientific
- Illumina Inc.
- SGS
- LGC Group
- Danbred
- Intertek
- Lemnatec
- Charles River
- Slipstream Automation
- Fruitbreedomics
For more information about this report visit https://www.researchandmarkets.com/r/fwzvde
About ResearchAndMarkets.com
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Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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View original content:http://www.prnewswire.com/news-releases/world-molecular-breeding-market-report-with-forecasts-and-cagr-projections-to-2027-300994587.html
SOURCE Research and Markets
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