InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Plant Genetic Engineering Market- by Trait (Yield improvement, Disease resistance, Herbicide tolerance, and Others), Technique (Artificial Selection, Cloning, Gene Splicing, and Others), Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2034.”
According to the latest research by InsightAce Analytic, the global Plant Genetic Engineering Market is expected to grow at a 8.0 % CAGR during the forecast period for 2025-2034.
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Plant genetic engineering represents a forward-looking approach with the potential to significantly advance the agricultural sector. Its importance has grown considerably due to its ability to enhance crop resistance to pests, diseases, and extreme environmental conditions. Through the genetic modification of plants-often involving the combination of traits from multiple parent lines-new plant varieties with superior genotypic characteristics are developed. This technology facilitates the identification of genetic variations influencing phenotypic traits and enables the detailed analysis of molecular pathways. Such advancements have expanded the scope of applications across plant breeding, genomic selection, and broader areas of plant biology.
The development of the business will also be supported by the expansion of greenhouse, vertical, and indoor farms to cultivate seasonal foods all year long. Improving crop variety and yield performance through technological innovation in the agricultural sector would promote the expansion of this sector globally. The demand and supply mismatch is projected to widen with an expanding population and fewer food supplies available. Therefore, crop modification is the best way to close this gap.
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North America is expected to be the major contributor to the plant genetic engineering market over the forecast years. The presence of various enterprises offering various government-recognized solutions to target a wide range of crop applications has aided regional growth. Due to technological improvement and infrastructure availability, early adoptions have also made the region particularly inventive in the modern agriculture industry. In addition, the Asia Pacific plant genetic engineering market is expected to grow significantly during the forecast period.
Several projects, as well as collaboration with foreign organizations, will spur regional growth. APAC has tremendous opportunities due to increased agricultural advancements to improve crop productivity and quality.
Major market players operating in the Plant Genetic Engineering market include Agilent Technologies, Illumina, Inc., Keygene N.V., Eurofins Scientific Se, Neogen Corporation, Novogene Corporation Ltd., Oxford Nanopore Technologies Ltd., Nrgene Ltd., Qiagen N.V, and Sgs -Traitgenetics Gmbh.
Recent collaborations and agreements in the market:
• In February 2020, AgraFlora Organics International Inc. subsidiary, Propagation Services Canada Inc., a growth-oriented and diversified business focused on the global market, agreed to acquire Live-Plant Genetics
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Market Segments
Global Plant Genetic Engineering Market, by Trait, 2025-2034 (Value US$ Mn)
• Yield improvement
• Disease resistance
• Herbicide tolerance
• Others
Global Plant Genetic Engineering Market, by Technique, 2025-2034 (Value US$ Mn)
• Artificial Selection
• Cloning
• Gene Splicing
• Others
Global Plant Genetic Engineering Market, by Application, 2025-2034 (Value US$ Mn)
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Other
Global Plant Genetic Engineering Market, by Region, 2025-2034 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Plant Genetic Engineering Market, by Country, 2025-2034 (Value US$ Mn)
• U.S.
• Canada
Europe Plant Genetic Engineering Market, by Country, 2025-2034 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Plant Genetic Engineering Market, by Country, 2025-2034 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Plant Genetic Engineering Market, by Country, 2025-2034 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Plant Genetic Engineering Market, by Country, 2025-2034 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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This release was published on openPR.