Global Plant Tissue Culture Market to Grow with Demand for Disease-Resistant Crops

 

plant Tissue Culture Market
plant Tissue Culture Market

Plant tissue culture is a technique in which plant cells, tissues or organs are isolated from natural growing plants and cultured under sterile conditions on artificially prepared nutrient media of known composition. The main advantages of plant tissue culture are its ability to produce a large number of new plants rapidly that are free from pathogens, ability to produce plants that are true-to-type and facilitates genetic modifications through biotechnological techniques to develop desired traits like disease resistance. With increasing demand for food to meet the rising population and shrinking cultivable land, there is a need to develop high yielding and disease-resistant crop varieties through biotechnology tools.

The global plant tissue culture market is estimated to be valued at US$ 883 Mn in 2024 and is expected to exhibit a CAGR of 9.1% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the plant tissue culture market are Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies, Inc., Caisson Laboratories, Inc., Corning Incorporated, HiMedia Laboratories, Phyto Technology Laboratories, Plant Cell Technology, Sigma-Aldrich Co. LLC, DuPont, Invitrotech, Twist Bioscience, Mirus Bio LLC, Clontech Laboratories, Inc., Biosynth Carbosynth, General Hydroponics, Inc. These players are focusing on expanding their geographical presence through partnerships and collaborations with local growers and researchers.

The key opportunities in the Plant Tissue Culture Market Share include development of new media formulations for tissue culture of high value crops like banana, coconut, cane, etc. and establishment of tissue culture production facilities in developing nations through technology transfer initiatives.

Asia Pacific region is expected to witness highest growth in demand for plant tissue culture owing to rising population, shrinking arable land, initiatives of governments to increase agricultural productivity and growing acceptance of biotechnology. Many global players are establishing production and research facilities in countries like India and China to tap into this opportunity.

Market Drivers:

Increasing global population and decreasing per capita agricultural land , Growing demand for food due to changing dietary patterns, Stringent regulations regarding import of planting material, Rising spending on agricultural research.

Market Restraints:

High capital investment requirement for setting up tissue culture labs, Biosafety and biosecurity concerns related to genetically modified crops, Lack of skilled workforce and poor infrastructure in developing nations.

Segment Analysis

The Plant Tissue Culture market is dominated by the Banana sub-segment within the Fruit Crops segment. Bananas are one of the most imported fresh produce. Tissue culture is used for commercial banana production as it eliminates diseases and yields a higher quality and quantity of crops. Further, the Ornamental Crops segment holds a substantial market share owing to the use of tissue culture techniques for mass propagation of orchids, lilium, roses, carnations and chrysanthemums. These flowers have significant demand from religious as well as social events and occasions.

Global Analysis

North America holds the largest share in the global Plant Tissue Culture market due to growing demand for food production and presence of major players in the region. The Asia Pacific region is expected to witness the highest growth rate during the forecast period. Factors such as rising population, increasing food demand and government initiatives for commercial agriculture will drive the regional market. Rising exports of fruits and flowers from countries like India and China will further augment the industry growth. In Europe, the market is fueled by growing adoption of innovative technologies for organic farming. Latin America and Middle East & Africa are emerging as lucrative markets and offer opportunities for manufacturers.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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