Plant Tissue Culture Market Size & Share | Industry Report, 2028

[Research Report] The plant tissue culture market was valued at US$ 475.88 million in 2021; it is expected to grow at a CAGR of 8.9% from 2022 to 2028.

Plant tissue culture is a set of techniques used to grow plant cells, tissues, or organs under in vitro conditions on a culture medium of known composition. Clones of plants can be produced through micropropagation. Tissue culture enables the production of disease-free, high-quality planting materials. It also facilitates the speedy and uniform growth of plants. The increasing demand for transgenic plants and the proliferation of floriculture are the key factors driving the market growth. However, the high cost of tissue culture procedures hampers the market progress.

The plant tissue culture market is analyzed on the basis of technology, application, material, and geography.The report offers insights and in-depth analysis of the plant tissue culture market, emphasizing on various parameters such as market trends, technological advancements, and market dynamics, and the competitive landscape analysis of leading market players.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Get 10% FREE CUSTOMIZATION

Plant Tissue Culture Market: Strategic Insights

Plant Tissue Culture Market

• 
  CAGR (2021 - 2028)

  8.9%
• Market Size 2021
  US$ 475.88 Million
• Market Size 2028
  US$ 863.47 Million

Market Dynamics

GROWTH DRIVERS

• XXXXXXX
• XXXXXXX
• XXXXXXX

FUTURE TRENDS

• XXXXXXX
• XXXXXXX
• XXXXXXX

OPPORTUNITIES

• XXXXXXX
• XXXXXXX
• XXXXXXX

Key Players

• Segra International Corp
• JRT Nurseries Inc
• Thomas Scientific LLC
• Sigma-Aldrich Co LLC
• HiMedia Laboratories Pvt Ltd
• Caisson Labs Inc
• Alpha Laboratories Ltd
• Becton, Dickinson and Co
• AL-Rajhi Tissue Culture Lab

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Type

• Instrument
• Media & Reagents
• Consumables

Application

• Plant Research
• Agriculture
• Forestry & Technical Grade
• Others

End Users

• Greenhouse
• Field
• Laboratory

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Increasing Demand for Transgenic Plants Bolsters Plant Tissue Culture Market Growth

Transgenic plants are those plants whose DNA is modified using genetic engineering techniques to introduce a new trait to the plant that does not occur naturally. These transgenic plants are generated using genetic engineering techniques in the laboratory by altering the genetic makeup, usually by adding one or more genes to a plant's genome. Transgenic plants are mainly developed to provide the necessary nutrients and cope with the food demand worldwide.

Millions of people suffer from malnutrition, which is more prevalent in developing and under-developed countries. According to World Health Organization (WHO), in 2019, approximately 462 million people were underweight. According to UNICEF, nearly half of all the deaths in children under five are attributed to undernutrition. Moreover, in 2020, about 45.4 million children under the age of five were wasted, and about 13.6 million out of these were severely wasted. According to Global Change Data Lab, in 2019, 8.9% of the world’s population was undernourished. Undernourished people are those who have calorie intake below minimum energy requirements. Researchers are focusing on developing transgenic plants that provide the required calories to meet these calorie requirements. The demand for transgenic plants is fueling the growth of the plant tissue culture market.

Type-Based Insights

Based on type, the plant tissue culture market is divided into instruments, media & reagent, and consumables. The instruments segment held the largest market share in 2021. However, the consumables segment is expected to register the highest CAGR during the forecast period.  Instruments used in plant tissue culture include refrigerators, distillation plants, laminar air flow systems, weighing balance, incubators, centrifuges, sterilizers, etc.

Application-Based Insights

Based on application, the plant tissue culture market is segmented into plant research, agriculture, forestry & technical grade, and others. The agriculture segment accounted for the largest share of the market in 2021. However, the plant research segment is expected to register the highest CAGR during 2022–2028.

End User-Based Insights

Based on end user, the plant tissue culture market is segmented into greenhouse, field, and laboratory. The field segment held the largest share of the market in 2021. Moreover, the market for this segment is expected to grow at a CAGR of 9.2% during 2022-2028.

In many countries, COVID-19 had limited the mobility of people across borders and lockdowns had contributed to labour shortages for agricultural sectors, particularly those characterized by periods of peak seasonal labour demand or labour-intensive production. For example, travel bans within the European Union, as well as the shutting down of the Schengen Area, have significantly reduced the available workforce for the fruit and vegetable sector in a many of the European countries. Shortage of labour had lead to production losses and shortages in the market. The COVID-19 emergency had impaired the logistics, distribution and supply chains of horticultural products. This created food insecurity, due to breaks in the agricultural products supply chain and, consequently, large part of the population faced difficulty in accessing fresh food at reasonable prices Such aforementioned factors had a serious impact on the overall plant tissue culture industry.  

Plant Tissue Culture Market Report Scope

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

In 2022, North America held the largest share of the plant tissue culture market. The market growth in this region is attributed to a rise in research and development activities in the field of tissue culture. Moreover, Asia Pacific is expected to register the fastest CAGR during the forecast period. China, Japan, and India are the major contributors to the plant tissue culture market is this region. The market growth in APAC is attributed to increasing government investments in promoting tissue culture-based research, rising scales of adoption of advanced technologies, and improvements in infrastructure supporting the tissue culture laboratories.

By geography, the plant tissue culture market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia Pacific), the Middle East & Africa (UAE, Saudi Arabia, Africa, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

Company Profiles

• Segra International Corp
• JRT Nurseries Inc
• Thomas Scientific LLC
• Sigma-Aldrich Co LLC
• HiMedia Laboratories Pvt Ltd
• Caisson Labs Inc
• Alpha Laboratories Ltd
• Becton Dickinson and Co
• AL-Rajhi Tissue Culture Lab
• Al Wathba Marionnet LLC