The Global Plant Breeding and CRISPR Plant Market is expected to grow with a CAGR of 17.0% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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The global plant breeding and CRISPR plant market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in the market are introducing a strong range of healthcare information technology (IT) services and software and adopting strategic initiatives such as acquisition and agreement into the market. This helped companies to maximize sales with enhanced services portfolio.
Bayer Ag is the market leader in the market. The other players in this market are BASF SE, Limagrain, DLF, Bioceres Crop Solutions, KWS SAAT SE & Co. KGaA, Stine Seed Company. (A subsidiary of Stine Seed Farm, Inc), RAGT, InVivo, pairwise, TMG Tropical Improvement & Genetics SA, SAKATA SEED CORPORATION, DONMARIO, UPL, Benson Hill Inc., Yield10 Bioscience, Inc., and Tropic among others.
Bayer AG
Bayer AG. is headquartered in Leverkusen, Germany and was founded in 1863. The company focuses to deliver high quality seeds and traits for high-yielding crops with improved insect control and weed management. The business segments provided by the company are pharmaceuticals, consumer health, crop science, enabling functions and the market focused segment is crop science.
The company is providing product categories which are seeds and traits, digital tools, crop protection and environmental science. Seeds and traits is the market focused category.
The company has around 99,637 employees. The company has its subsidiaries, which are. Adverio Pharma GmbH (Germany), Bayer Agriculture BVBA (Belgium), Bayer Crop Science (Portugal), Bayer U.S. Finance II LLC, U.S., Bayer Capital Corporation B.V., (Netherlands), The climate corporation (U.S.), Monsanto company (U.S.), Agricultura, Lda (Portugal), Bayer CropScience Schweiz AG (Switzerland), among others.
For instance,
- In August 2022, Bayer AG expanded its existing investment to acquire a majority stake in sustainable low-carbon oilseed producer CoverCress Inc. This investment fulfilled Bayer's sustainability commitments and can help reduce agricultural carbon emissions and reduce dependence on nitrogen fertilizers by leveraging the expertise of existing investors, Bunge and Chevron/farmers to gain new revenue streams through the potential commercialization of oilseeds into renewable fuels and animal feed that deliver ecosystem benefits through cover crops, leveraging Bayer's existing investment in CoverCress Inc. This has helped the company to expand its business
The company has a wide presence across North America, Europe, South America, Asia-Pacific.
Syngenta Crop Protection Ag
Syngenta Crop Protection Ag is headquartered in Basel, Switzerland and was founded in 2000. The company focuses to provide hybrid varieties and biotech crops to farmers with stronger and resistant plants to fight against seeds, pest and drought. The company has crop protection, seeds, inter-business elimination as business segments and seeds is the market focused category.
For instance,
- In January 2020, Syngenta Crop Protection AG joined forces with Asur Plant Breeding and developed a technology for the successful transfer of pollen in breeding technique. This partnership will help Syngenta strengthen its research and development sector which will help attracting more consumers and set a large consumer base for the company
The company has a wide presence in Europe, Asia Pacific, North America, Middle East and Africa. The subsidiaries are Adama Agricultural Solutions (Israel), Syngenta Corporation (U.S.), Syngenta Korea Limited (Korea), Syngenta Crop Protection, LLC (U.S.), Syngenta Italia Spa (Italy), Syngenta Germany Gmbh (Germany) among others
Corteva
Corteva was founded in 2018 and is headquartered in Delaware, U.S. The company focuses on providing agricultural chemical and seeds to the farmers. The company is providing business segments such as seed solutions, crop protection.
The seed solutions are market focused segment. The company is providing product categories such as seeds, crop protection, biologicals. The seeds segment is market focused category.
The company has a wide presence in Europe, Asia Pacific, North America, Middle East and Africa. It has various subsidiaries like Pioneer Hi Bree International (U.S.), Granular, Inc. (U.S.), Mycogen Seeds (U.S.), DuPont Safety Resources (U.S.), Dupont DCSE (U.S.), CoastalTraining Technologies Crop (U.S.) among others.
For instance,
- In December 2020, Corteva partnered with the USAID, global communities and John Decre announced its plan for farmer collaboration in Zambia to increase the productivity, income & sustainable farming practice. Agronomists from Corteva Agriscience, the company behind pannar and pioneer brand seeds will work directly with farmers to enhance adoption of hybrid seed and crop protection technologies
