Plant Genetic Engineering Market

Global Plant Genetic Engineering Market Size, Trends & Analysis - Forecasts to 2026 By Trait (Yield Improvement, Disease Resistance, Herbicide Tolerance), By Technique (Artificial Selection, Cloning, Gene Splicing), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis

Category Food & Beverages

Format

This report was recently updated on April 19 2024 with the latest and most recent market numbers

Plant Genetic Engineering Market Size

The global plant genetic engineering market will observe over 6% CAGR from 2021 to 2026, with the U.S. being the major contributor in the global market. Technical advancement in the agriculture industry to upgrade the crop variety and yield performance will support the global industry growth. An increasing population with limited food resources is likely to expand the demand and supply gap. Thus, the modification in crops is an ideal solution to bridge this gap.

Another factor that is influencing the adoption of these techniques is the changeable weather conditions. With the unexpected fluctuations in the climatic condition, the chances of crop failure have increased. Thus, the advancement in crops to build resistance and the ability to survive in extreme conditions will support the market growth.

Benefits such as limited resource wastage, lesser spending on pesticides, and nutrient enhancement made this concept successful for numerous crop varieties. The industry faced a setback in terms of exploration and advancements during the covid-19 pandemic. However, the emerging requirement from agriculture industry advancement in the coming years will positively fuel the industry growth.

global plant genetic engineering market

Plant Genetic Engineering Market: By Trait

By trait, the report is comprised of Disease Resistance, Yield Improvement, and Herbicide Tolerance. Yield improvement is likely to lead the global revenue share in trait segment during the forecast period. Rising need to meet the supply and demand gap will promote the demand in this segment. Disease resistance and herbicide tolerance are projected to gain significant growth owing to increased requirement to build resistance among crops to avoid production failure.

Plant Genetic Engineering Market: By Technique

Artificial Selection, Gene Splicing, and Cloning among others are key techniques used in the industry. As of now, the aforementioned techniques are among the major successful methods to modify crops. Rising demand for advanced & improved crops that can be grown and endure extreme weather and soil conditions are likely to promote these modification techniques.

Artificial selection is among the majorly deployed techniques to modify crops. High success rate, minimal wastage, and ease in conducting are the prime reasons to adopt this technique.

Another technique that attained huge attention is cloning. Retention of nutrition benefits reduced the need for pesticides, and improved production has instigated the penetration in this technique.

Plant Genetic Engineering Market: By Application

By application, the report is divided into Oilseeds & Pulses, Cereals & Grains, and Fruits & Vegetables. Cereals & grains led the overall application segment due to their high production volume and consumption. These are highly consumed food types across the globe. Increased incidences related to crop failure due to abrupt climatic conditions affecting productivity have influenced the dependence of crop modifications. These solutions improvise the crop yield and also prevent them from insects.

Another key application, which is gaining high prominence is the fruits & vegetables. The increased requirement to build herbicide tolerance and disease resistance among fruits & vegetables will drive the demand in this segment. Also, increasing demand for few fruits & vegetables throughout the year owing to their staple nature will support these modifications.

global plant genetic engineering market

Plant Genetic Engineering Market: By Region

North America led the overall production and accounts over 40% of the output in 2020. Presence of numerous companies offering variety of government certified solutions to target numerous crop applications have supported the regional growth. Also, early adoptions due to technological advancement and infrastructure availability made the region highly innovative in modern agriculture industry.

Europe will be the second largest region during the forecast period. High dependency on modern techniques to improvise crops and plantations to meet the rising food demand will support the regional demand.

The Asia Pacific being the highly lucrative region will observe the fastest gains of 6.5% from 2021 to 2026. Several projects in pipeline and collaboration with international organizations will induce the regional expansion. APAC holds potential opprotunities due to increased advancement in agriculture industry to improvise the crop yield and quality.

Plant Genetic Engineering Company Market Share and Competitor Analysis

The global company revenue share is partly consolidated and concentrated in nature. As of now, limited organizations are investing and experimenting in this field. Also, limited exposure to updated technology and time-consuming approval process from the government has resulted in few large-scale companies capitalizing in these production process programs.

Agilent Technologies, Eurofins Scientific Se, Illumina, Inc., Keygene N.V., Neogen Corporation, Novogene Corporation Ltd., Nrgene Ltd., Oxford Nanopore Technologies Ltd., Qiagen N.V, and Sgs -Traitgenetics Gmbh, among others are major identified companies in the market.

Please note: This is not an exhaustive list of companies profiled in the report.

Currently, there is a limited number of companies that are offering certified solutions and services in the market. The penetration is projected to increase due to increased food requirements and a lack of resources to fulfill the rising requirement.

Chapter 1 Methodology

1.1 Market scope & definitions

1.2 Estimates & forecast calculation

1.3 Historical data overview and validation

1.4 Data sources

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Report Outlook

2.1 Plant Genetic Engineering industry overview, 2019-2026

2.1.1 Industry overview

2.1.2 Trait overview

2.1.3 Technique overview

2.1.4 Application overview

2.1.5 Regional overview

Chapter 3 Plant Genetic Engineering Market Trends

3.1 Market segmentation

3.2 Industry background, 2019-2026

3.3 Market key trends

3.3.1 Positive trends

3.3.2 Industry challenges

3.4 Prospective growth scenario

3.5 COVID-19 influence over industry growth

3.6 Porter’s analysis

3.7 PESTEL analysis

3.8 Value chain & supply chain analysis

3.9 Regulatory framework

3.9.1 North America

3.9.2 Europe

3.9.3 APAC

3.9.4 LATAM

3.9.5 MEA

3.10 Technology overview

3.11 Market share analysis, 2020

3.11.1 Company positioning overview, 2020

Chapter 4 Plant Genetic Engineering Market, By Trait

4.1 Trait Outlook

4.2 Yield improvement

4.2.1 Market size, by region, 2019-2026 (USD Million)

4.3 Disease resistance

4.3.1 Market size, by region, 2019-2026 (USD Million)

4.4 Herbicide tolerance

4.4.1 Market size, by region, 2019-2026 (USD Million)

4.5 Others

4.5.1 Market size, by region, 2019-2026 (USD Million)

Chapter 5 Plant Genetic Engineering Market, By Technique

5.1 Technique Outlook

5.2 Artificial Selection

5.2.1 Market size, by region, 2019-2026 (USD Million)

5.3 Cloning

5.3.1 Market size, by region, 2019-2026 (USD Million)

5.4 Gene Splicing

5.4.1 Market size, by region, 2019-2026 (USD Million)

5.5 Others

5.5.1 Market size, by region, 2019-2026 (USD Million)

Chapter 6 Plant Genetic Engineering Market, By Application

6.1 Application Outlook

6.2 Cereals & Grains

6.2.1 Market size, by region, 2019-2026 (USD Million)

6.3 Oilseeds & Pulses

6.3.1 Market size, by region, 2019-2026 (USD Million)

6.4 Fruits & Vegetables

6.4.1 Market size, by region, 2019-2026 (USD Million)

6.5 Others

6.5.1 Market size, by region, 2019-2026 (USD Million)

Chapter 7 Plant Genetic Engineering Market, By Region

7.1 Regional outlook

7.2 North America

7.2.1 Market size, By Country, 2019-2026 (USD Million)

7.2.2 Market size, By Trait, 2019-2026 (USD Million)

7.2.3 Market size, By Technique, 2019-2026 (USD Million)

7.2.4 Market size, By Application, 2019-2026 (USD Million)

7.2.5 U.S.

7.2.5.1 Market size, By Trait, 2019-2026 (USD Million)

7.2.5.2 Market size, By Technique, 2019-2026 (USD Million)

7.2.5.3 Market size, By Application, 2019-2026 (USD Million)

7.2.6 Canada

7.2.6.1 Market size, By Trait, 2019-2026 (USD Million)

7.2.6.2 Market size, By Technique, 2019-2026 (USD Million)

7.2.6.3 Market size, By Application, 2019-2026 (USD Million)

7.2.7 Mexico

7.2.7.1 Market size, By Trait, 2019-2026 (USD Million)

7.2.7.2 Market size, By Technique, 2019-2026 (USD Million)

7.2.7.3 Market size, By Application, 2019-2026 (USD Million)

7.3 Europe

7.3.1 Market size, By Country, 2019-2026 (USD Million)

7.3.2 Market size, By Trait, 2019-2026 (USD Million)

7.3.3 Market size, By Technique, 2019-2026 (USD Million)

7.3.4 Market size, By Application, 2019-2026 (USD Million)

7.3.5 Germany

7.2.5.1 Market size, By Trait, 2019-2026 (USD Million)

7.2.5.2 Market size, By Technique, 2019-2026 (USD Million)

7.2.5.3 Market size, By Application, 2019-2026 (USD Million)

7.3.6 Spain

7.3.6.1 Market size, By Trait, 2019-2026 (USD Million)

7.3.6.2 Market size, By Technique, 2019-2026 (USD Million)

7.3.6.3 Market size, By Application, 2019-2026 (USD Million)

7.3.7 France

7.3.7.1 Market size, By Trait, 2019-2026 (USD Million)

7.3.7.2 Market size, By Technique, 2019-2026 (USD Million)

7.3.7.3 Market size, By Application, 2019-2026 (USD Million)

7.3.8 Italy

7.3.8.1 Market size, By Trait, 2019-2026 (USD Million)

7.3.8.2 Market size, By Technique, 2019-2026 (USD Million)

7.3.8.3 Market size, By Application, 2019-2026 (USD Million)

7.4 Asia Pacific

7.4.1 Market size, By Country, 2019-2026 (USD Million)

7.4.2 Market size, By Trait, 2019-2026 (USD Million)

7.4.3 Market size, By Technique, 2019-2026 (USD Million)

7.4.4 Market size, By Application, 2019-2026 (USD Million)

7.4.5 China

7.4.5.1 Market size, By Trait, 2019-2026 (USD Million)

7.4.5.2 Market size, By Technique, 2019-2026 (USD Million)

7.4.5.3 Market size, By Application, 2019-2026 (USD Million)

7.4.6 India

7.4.6.1 Market size, By Trait, 2019-2026 (USD Million)

7.4.6.2 Market size, By Technique, 2019-2026 (USD Million)

7.4.6.3 Market size, By Application, 2019-2026 (USD Million)

7.4.7 Malaysia

7.4.7.1 Market size, By Trait, 2019-2026 (USD Million)

7.4.7.2 Market size, By Technique, 2019-2026 (USD Million)

7.4.7.3 Market size, By Application, 2019-2026 (USD Million)

7.4.8 Australia

7.4.8.1 Market size, By Trait, 2019-2026 (USD Million)

7.4.8.2 Market size, By Technique, 2019-2026 (USD Million)

7.4.8.3 Market size, By Application, 2019-2026 (USD Million)

7.4.9 South Korea

7.4.9.1 Market size, By Trait, 2019-2026 (USD Million)

7.4.9.2 Market size, By Technique, 2019-2026 (USD Million)

7.4.9.3 Market size, By Application, 2019-2026 (USD Million)

7.5 Central & South America

7.5.1 Market size, By Country, 2019-2026 (USD Million)

7.5.2 Market size, By Trait, 2019-2026 (USD Million)

7.5.3 Market size, By Technique, 2019-2026 (USD Million)

7.5.4 Market size, By Application, 2019-2026 (USD Million)

7.5.5 Brazil

7.5.5.1 Market size, By Trait, 2019-2026 (USD Million)

7.5.5.2 Market size, By Technique, 2019-2026 (USD Million)

7.5.5.3 Market size, By Application, 2019-2026 (USD Million)

7.5.6 Argentina

7.5.6.1 Market size, By Trait, 2019-2026 (USD Million)

7.5.6.2 Market size, By Technique, 2019-2026 (USD Million)

7.5.6.3 Market size, By Application, 2019-2026 (USD Million)

7.6 MEA

7.6.1 Market size, By Country 2019-2026 (USD Million)

7.6.2 Market size, By Trait, 2019-2026 (USD Million)

7.6.3 Market size, By Technique, 2019-2026 (USD Million)

7.6.4 Market size, By Application, 2019-2026 (USD Million)

7.6.5 Saudi Arabia

7.6.5.1 Market size, By Trait, 2019-2026 (USD Million)

7.6.5.2 Market size, By Technique, 2019-2026 (USD Million)

7.6.5.3 Market size, By Application, 2019-2026 (USD Million)

7.6.6 UAE

7.6.6.1 Market size, By Trait, 2019-2026 (USD Million)

7.6.6.2 Market size, By Technique, 2019-2026 (USD Million)

7.6.6.3 Market size, By Application, 2019-2026 (USD Million)

7.6.7 South Africa

7.6.7.1 Market size, By Trait, 2019-2026 (USD Million)

7.6.7.2 Market size, By Technique, 2019-2026 (USD Million)

7.6.7.3 Market size, By Application, 2019-2026 (USD Million)

Chapter 8 Company Landscape

8.1 Competitive analysis, 2020

8.2 Agilent Technologies

8.2.1 Company overview

8.2.2 Financial analysis

8.2.3 Strategic positioning

8.2.4 Info graphic analysis

8.3 Eurofins Scientific Se

8.3.1 Company overview

8.3.2 Financial analysis

8.3.3 Strategic positioning

8.3.4 Info graphic analysis

8.4 Illumina, Inc.

8.4.1 Company overview

8.4.2 Financial analysis

8.4.3 Strategic positioning

8.4.4 Info graphic analysis

8.5 Keygene N.V.

8.5.1 Company overview

8.5.2 Financial analysis

8.5.3 Strategic positioning

8.5.4 Info graphic analysis

8.6 Neogen Corporation

8.6.1 Company overview

8.6.2 Financial analysis

8.6.3 Strategic positioning

8.6.4 Info graphic analysis

8.7 Novogene Corporation Ltd.

8.7.1 Company overview

8.7.2 Financial analysis

8.7.3 Strategic positioning

8.7.4 Info graphic analysis

8.8 Nrgene Ltd.

8.8.1 Company overview

8.8.2 Financial analysis

8.8.3 Strategic positioning

8.8.4 Info graphic analysis

8.9 Oxford Nanopore Technologies Ltd.

8.9.1 Company overview

8.9.2 Financial analysis

8.9.3 Strategic positioning

8.9.4 Info graphic analysis

8.10 Qiagen N.V

8.10.1 Company overview

8.10.2 Financial analysis

8.10.3 Strategic positioning

8.10.4 Info graphic analysis

8.11 SGS -Traitgenetics Gmbh

8.11.1 Company overview

8.11.2 Financial analysis

8.11.3 Strategic positioning

8.11.4 Info graphic analysis

The Global Plant Genetic Engineering Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Plant Genetic Engineering Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the global plant genetic engineering market?

The global plant genetic engineering market will witness more than 6% CAGR up to 2026, with North America dominating the demand.

Who are the major vendors in the plant genetic engineering market?

Major industry participants include Agilent Technologies, Eurofins Scientific Se, Illumina, Inc., Keygene N.V., Neogen Corporation, Novogene Corporation Ltd., Nrgene Ltd., Oxford Nanopore Technologies Ltd., Qiagen N.V, and Sgs -Traitgenetics Gmbh, among others.

Which region has the highest market share in the plant genetic engineering market?

North America dominated the global deployment of these services and accounted for more than 40% of the total revenue generation in 2020.

What is the Covid-19 impact on future plant genetic engineering providers?

The industry faced a setback in terms of exploration and advancements during the covid-19 pandemic. However, the emerging requirement from agriculture industry advancement in the coming years will positively fuel the industry growth.

What are the major drivers in the plant genetic engineering market?

Technical advancement in the agriculture industry to upgrade the crop variety and yield performance will support the global industry growth. An increasing population with limited food resources is likely to expand the demand and supply gap. Thus, the modification in crops is an ideal solution to bridge this gap.