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Global Molecular Breeding Industry (2020 to 2027) - Market Trajectory and Analytics - ResearchAndMarkets.com
April 16, 2021 GMT
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.
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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.