The study involved two major approaches in estimating the current size of the plant breeding and CRISPR plants market. Exhaustive secondary research was done to collect information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the market.
In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, directories, and databases were referred to identify and collect information.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.
Primary Research
Extensive primary research was conducted after obtaining information regarding the plant breeding and CRISPR plants market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, South America, and the Rest of the World. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, research, and development teams, and related key executives from distributors and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to type, trait, technology, application, and region. Stakeholders from the demand side, such as research institutions, government institutions, agri-businesses, and food & beverage manufacturing comapnies were interviewed to understand the buyer’s perspective on the suppliers, products, and their current usage of plant breeding and CRISPR plants and the outlook of their business, which will affect the overall market.
Note 1: Others include sales managers, marketing managers, and product managers.
Note 2: Tier 1 companies’ revenues are more than USD 10 billion; tier 2 companies’ revenues range between USD 1 and 10 billion; and tier 3 companies’ revenues range between USD 500 million and USD 1 billion.
Source: Industry Experts
To know about the assumptions considered for the study, download the pdf brochure
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COMPANY NAME
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DESIGNATION
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Limagrain (France)
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General Manager
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Syngenta Sales Manager (Switzerland)
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Sales Manager
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UPL (India)
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Research Scientist
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Bayer AG (Germany)
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Innovation Development Manager
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Corteva (US)
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Manager
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BASF (Germany)
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Marketing Manager
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Market Size Estimation
Both the top-down and bottom-up approaches have been used to estimate and validate the total size of the plant breeding and CRISPR plants market. These approaches have also been used extensively to determine the size of the various sub-segments in the market. The research methodology used to estimate the market size includes the following details:
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The key players in the industry and market have been identified through extensive secondary research.
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Primary and secondary research have determined the plant breeding and CRISPR plants value chain and market size in terms of value.
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All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
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All macroeconomic and microeconomic factors affecting the growth of the plant breeding and CRISPR plants market were considered while estimating the market size.
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All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Plant Breeding and CRISPR Plants Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into the application segment and sub-segments. The data triangulation and market breakdown procedures were employed to estimate the overall plant breeding and CRISPR plants market and arrive at the exact statistics for all sub-segments, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. The market size was also validated using both the top-down and bottom-up approaches.
Market Definition
According to the National Association of Plant Breeders, “plant breeding is the science-driven creative process of developing new plant varieties that goes by various names including cultivar development, crop improvement, and seed improvement. Breeding involves the creation of multi-generation genetically diverse populations on which human selection is practiced to create adapted plants with new combinations of specific desirable traits.”
According to the Food and Agriculture Organization (FAO), plant breeding is the “art and science of genetically improving plants for the benefit of humankind. Plant breeding can be accomplished through many different techniques ranging from simply selecting plants with desirable characteristics for propagation, to more complex molecular techniques. Plant breeding has a proven track record in increasing crop productivity.”
Additionally, gene editing technology accelerates breeding processes more efficiently than cross-breeding, mutation breeding, or transgenesis, as per FAO Director-General, who studied plant breeding and genetics and made important contributions to understanding the potato genome. It encompasses various molecular techniques, with CRISPR driving a surge in research and applications. CRISPR is faster and more cost-effective than traditional breeding methods, enabling the development of climate-resilient and nutrient-rich crops and livestock while preserving genetic biodiversity and strengthening agrifood systems.
In general terms, multiple seed manufacturers define plant breeding as crossing of two plants to produce an offspring that, ideally, shares the best traits of the two parent plants. Traditionally, conventional breeding techniques were practiced for the development of new traits and seeds. With the advent of biotechnology in agriculture, hybridization, molecular breeding, and genetic engineering are currently being explored by plant breeders. Consequently, the CRISPR plants market focuses on the application of gene-editing technologies to develop crops with enhanced traits such as improved yield, pest resistance, and environmental adaptability.
Stakeholders
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Plant breeders (Farmers & Growers)
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Genetic solution providers and biotechnological companies
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Technology providers and lab instrument & equipment manufacturers
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Commercial and GMO seed companies
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Research institutions/agencies/laboratories/ academic institutions
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Concerned government authorities, commercial R&D institutions, and other regulatory bodies
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Food and Agriculture Organization (FAO)
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World Health Organization (WHO)
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US Department of Agriculture (USDA)
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European Food Safety Authority (EFSA)
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European Commission
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Government agencies
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Associations
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International Seed Federation (ISF)
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American Seed Trade Association (ASTA)
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US National Corn Growers Association (NCGA)
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Importers, exporters, distributors, & traders
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Food & Beverage Companies
Report Objectives
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Determining and projecting the size of the plant breeding and CRISPR plants market, concerning type, trait, application, and regional markets, over five years ranging from 2025 to 2030
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Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
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Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
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Analyzing the micromarkets, concerning individual growth trends, prospects, and their contribution to the total market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
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Product/Service Matrix, which gives a detailed comparison of the product or service portfolio of each company.
Geographic Analysis as per Feasibility
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
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Further breakdown of the Rest of Europe plant breeding and CRISPR plants market into key countries.
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Further breakdown of the Rest of Asia Pacific plant breeding and CRISPR plants market into key countries.
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Further breakdown of the Rest of South America plant breeding and CRISPR plants market into key countries.
Company Information
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Detailed analyses and profiling of additional market players (up to five)
HIGHEST CAGR MARKET IN 2030
INDIA FASTEST GROWING MARKET IN THE REGION
Growth opportunities and latent adjacency in Plant Breeding and CRISPR Plants Market