The Global Plant Tissue Culture Market will grow at highest pace owing to increasing agricultural productivity
The plant tissue culture market involves the process of growing plant cells, tissues or organs in sterile nutrient medium in a controlled environment, independent of the intact plant body. This method is widely used for commercial scale plant propagation and production of disease-free plant materials. It offers various advantages such as higher multiplication rates for rare and threatened species, pathogen elimination, genetic manipulation and germplasm conservation. The plant tissue culture technique is significantly utilized in crop improvement programs to develop hybrid plants with favorable agronomic traits and tolerance to biotic and abiotic stresses.
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 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.
The growing demand for Plant Tissue Culture Market Share raised plantlets is attributed to increase in global agricultural productivity. Farmers are widely adopting tissue culture techniques to produce disease-free, genetically uniform and high-yielding crops. Furthermore, tissue culture is playing a key role in commercial micropropagation of various horticultural crops with high multiplication rates.
Technological advancement in bioreactors and temporary immersion systems for plant micropropagation has propelled the market growth. These systems offer several advantages over traditional laboratory-scale propagation methods such as reduced contamination risk and higher multiplication rates. Moreover, automation in temporary immersion bioreactors has improved the productivity and consistency of plant tissue culture processes.
Market Trends
The development of transgenic plants through genetic engineering technique is one of the key trends in the plant tissue culture market. Genes from unrelated species are being inserted into crop plants using robust tissue culture protocols to develop abiotic and biotic stress tolerant varieties. Another market trend is the rise in application of plant tissue culture for large-scale micropropagation of globally cultivated horticultural and floricultural crops.
Market Opportunities
Development of synthetic seeds through encapsulation of somatic embryos or meristematic tissues offers significant market opportunities. Synthetic seeds help in long-distance transport of planting material and developing transgenic varieties. Adoption of temporary immersion bioreactors and automated propagation systems by smallholder farmers especially in developing countries presents major market opportunities for tissue culture companies.
Impact of COVID-19 on Plant Tissue Culture Market Growth
The COVID-19 pandemic has negatively impacted the growth of the plant tissue culture market. With lockdowns and supply chain disruptions, procurement of raw materials for plant tissue culture was disrupted during the initial stages of the pandemic. Plant tissue culture requires nutrients, chemicals, plant tissue samples, growth media etc which saw supply shortages. Production volumes reduced significantly during the lockdown phases as plant tissue culture labs and facilities were shut down. Demand from end use industries like agriculture, horticulture, research institutes also declined as these sectors faced difficulties.
However, with easing of lockdowns and resumption of business activities, the market is seeing a gradual recovery. There is renewed focus on optimizing agricultural production using advanced technologies like plant tissue culture. Governments are promoting plant tissue culture adoption to enhance food security. Companies are investing in new facilities and technologies to cater to rising demand in the post COVID era. Increased funding for biotechnology and agriculture R&D will fuel opportunities. While challenges persist, the long term outlook remains positive driven by needs of food security, biomass production and climate resilient crop development.
Europe accounted for the largest share of the global plant tissue culture market due to presence of major companies and availability of advanced infrastructure for R&D. However, Asia Pacific is poised to be the fastest growing regional market owing to strong government support for agricultural biotechnology adoption in countries like India, China and Southeast Asia. Large population and rising income levels are driving demand for healthy and nutritious food in the region. Collaboration between public and private entities will help accelerate penetration of plant tissue culture technologies in Asia Pacific.
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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)