UK Markets open in 7 hrs 50 mins
  • NIKKEI 225

    28,147.51
    -461.08 (-1.61%)
     
  • HANG SENG

    28,231.04
    +217.23 (+0.78%)
     
  • CRUDE OIL

    65.82
    +0.54 (+0.83%)
     
  • GOLD FUTURES

    1,819.90
    -16.20 (-0.88%)
     
  • DOW

    33,587.66
    -681.50 (-1.99%)
     
  • BTC-GBP

    34,570.70
    -3,074.71 (-8.17%)
     
  • CMC Crypto 200

    1,468.19
    -95.64 (-6.12%)
     
  • Nasdaq

    13,031.68
    -357.75 (-2.67%)
     
  • ^FTAS

    3,986.82
    +23.84 (+0.60%)
     

Global Molecular Breeding Industry (2020 to 2027) - Market Trajectory and Analytics - ResearchAndMarkets.com

·3-min read

The "Molecular Breeding - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

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

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. 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

For more information about this report visit https://www.researchandmarkets.com/r/l6pk1w

View source version on businesswire.com: https://www.businesswire.com/news/home/20210416005397/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900