Author: Aman Sharma, Research Analyst
17 March 2025
According to a new report by UnivDatos, The Plant Breeding Market is expected to reach around USD 52.4 billion in 2032 by growing at a CAGR of 13.5%. The plant breeding market is currently in a state of transition all over the world because of advancements in technology and the increasing demand for sustainable agriculture. The world population is increasing day by day, and so the demand for food is increasing to fulfil the food demand. The plant breeders came up with high-yielding crops that are also capable of tolerating stress conditions. The key technologies of this but while short creations have fueled the debate, modern plant breeding methods, particularly the CRISPR-Cas system, are at the heart of this mode of agriculture.
CRISPR-Cas genome editing system is proving to be a wonderful tool in the breeding of plants since it provides exactness and efficacy in altering plant genomes. It also makes the ability to introduce changes in specific locations, that is the creation of plants that have better characteristics for yield, resistance to diseases, or stress from the environment. The use of the CRISPR-Cas system for plant breeding has thus expanded its application hence shortening the necessary time to develop favorable qualities in crop plants. This progress has come in handy as far as climate change and the rising world food bill is concerned.
The application of plant breeding technologies differs in different geographic locations owing to the policies, consumer preferences, and amount expended on research for the improvement of the plants according to the technology being used. For instance, in the United Kingdom, the government is actively pushing for the enactment of the Genetic Technology (Precision Breeding) Act 2023. This is about making crops genetically modified in terms of pest and climate change resistance to make the UK a global player in crop biotechnology. Se abortion of Environment Secretary Steve Reed noted the capability of gene editing in developing crops that would be resistant to stress factors; this explained the government's support of innovative farming.
However, GMOs communicate restrictive policies that are adopted in the European Union, making the approach to gene-edited crops rather conservative. This has an impact on the market because firms are forced to manage this regulatory environment and the concerns of the public. It is for this reason that the regulations within the regions differ as there is a need to ensure that there is a globally co-coordinated effort in the development of plant breeding technologies.
There has been advancement in plant breeding, and as a result, crop varieties possess various improved characteristics. For example, more attention is being paid to finding new ways of breeding bananas that are resistant to diseases such as Tropical Race 4 (TR4) fungus. Manufacturers including Chiquita Brands International plan to grow the Yelloway 1 banana that has resistance to the TR4 disease. Also, scientists in Australia have succeeded to modify genetically modifying bananas to gain the ability to resist diseases in a bid to ensure that this important food is NOT threatened.
Another initiative that should be mentioned is related to potato production, namely potato breeding. Organizations such as Ohalo Genetics and Solynta are using technologies in genetic engineering to enhance tendencias.org potatoes with low levels of toxic components and better nutritional values. Such developments not only have a positive impact on the lives of consumers by improving their health but also on farmers' improved yields as well as the ability to handle various stresses.
Recent Developments/Awareness Programs: - Several key players and governments are rapidly adopting strategic alliances, such as partnerships, or awareness programs: -
There is a growing global market for plant breeding due to the enhanced use of CRISPR genome editing, artificial intelligence breeding techniques, and marker-assisted selection, where high-quality crops of high yielding and resilience to extreme weather conditions are demanded. Due to increasing demand for food in the world and climate change issues, plant breeding remains very important to feed the world. However, regulation, people’s attitude changes, and equal access to genetic resources are still some of the issues. As in North America and the UK, the market is open to innovation, though such regulations in the EU affect the market. In future developments, governments, industries, and universities need to work in cooperation in providing the production of new products without causing harm to the earth and making the products affordable for everyone. According to the UnivDatos, The PLANT BREEDING MARKET was valued at USD billion in 2023, growing at a CAGR of 13.5% during the forecast period from 2024 - 2032 to reach USD 52.4 billion by 2032.
Market Size, Trends, & Forecast by Revenue | 2024−2032F.
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by Type, Trait, and Application
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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