Micropropagation is a method of plant propagation using extremely small pieces of plant tissue taken from a carefully chosen and prepared mother plant, and growing these under laboratory conditions to produce new plants. It is widely used in commercial horticulture. The global micropropagation market was valued at USD 1,226 million in 2021 to USD 2,227 million by 2028, progressing at a CAGR of 8.9% from 2022 to 2028, according to Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global micropropagation market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the micropropagation industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the crop type, container type, end user, and region. The global market for micropropagation can be segmented by crop type: banana, medicinal plants, ornamental plants & orchids, small fruits, vegetables, others. Micropropagation market is further segmented by container type: glass bottles, petri dish & test tubes, plastic containers. Globally, the petri dish & test tubes segment made up the largest share of the micropropagation market. Based on end user, the micropropagation market is segmented into: farmers, research labs, others. The farmers segment was the largest contributor to the global micropropagation market in 2021. On the basis of region, the micropropagation market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).
By crop type:
– banana
– medicinal plants
– ornamental plants & orchids
– small fruits
– vegetables
– others
By container type:
– glass bottles
– petri dish & test tubes
– plastic containers
By end user:
– farmers
– research labs
– others
By region:
– North America
– Asia Pacific
– Europe
– Rest of the World (ROW)
The global micropropagation market report offers detailed information on several market vendors, including 3 Rivers Biotech Ltd., AgriForest Bio-Technologies Ltd., Agri-Starts, Inc., Caisson Labs Inc., Dark Heart Industries (DHI), GeneLinx International, Inc., Knight Hollow Nursery Inc, Phytoclone Inc, Phytocultures Ltd., Segra International Corp., Tissue-Grown Corporation, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
– To analyze and forecast the market size of the global micropropagation market.
– To classify and forecast the global micropropagation market based on crop type, container type, end user, region.
– To identify drivers and challenges for the global micropropagation market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global micropropagation market.
– To identify and analyze the profile of leading players operating in the global micropropagation market.
Why Choose This Report
– Gain a reliable outlook of the global micropropagation market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.