Molecular breeding are used in plant and animal breeding as genes manipulation at DNA level, this is a modern technology which is linked with phenotypic trait and is used as DNA markers to hasten the discharge of improved germplasm. Molecular breeding is mainly used to improve the genetic traits in the DNA to improve the growth of plants and animals. The most important components of molecular breeding are intersimple sequence repeat, amplified fragment length polymorphism and amplified polymorphic DNA. The molecular breeding market is expected to grow due to the need to improve the crop and livestock products yield, as the rise in population and demand for the healthy quality of food. Since crops are largely affected by the climatic conditions the abiotic and biotic crops can be produced with the help of molecular breeding which is predicted to drive the growth of molecular breeding market. Furthermore, the factors like government and private funding for the agrigenomic research, technological innovations like genomic selection technology, decrease in the price of genomic solutions and increase in the use of molecular breeding in livestock is driving the growth of molecular breeding market. However, due to the lack of funding and developed infrastructure in the developing countries and less awareness and knowledge of molecular breeding is hindering the growth of the molecular breeding market.
Technological innovations to increase the growth of market.
Decrease in the cost of genomic solutions.
Investments made by government and private bodies.
Lack of advanced infrastructure and funds in developing countries.
Lack of knowledge and awareness
In June 2019, Eurofins acquired Transplant Genomic Inc. to expand their footprint in transplantation testing.
In November 2018, Illumina acquired Pacific Biosciences for $1.2 Billion to expand their biological and clinical insights.
The major players profiled in the Molecular Breeding market are LGC Ltd., Charles River, Eurofins, Fruit Breedomics, Illumina, Thermo Fisher Scientific, SGS, LemnaTec, SlipStrem Automation and Danbred.
The Molecular Breeding market been analyzed through the following segments:
Amplified Fragment Length Polymorphism
Intersimple Sequence Repeat
Amplified Polymorphic DNA
Marker Assisted Selection (MAS)
Marker Assisted Backcrossing (MABC)
Marker Assisted Recurrent Selection (MARS)
Middle East and Africa