Latin America and North America Micropropagation Market, By Crop Type (Orchid and Ornamentals, Small Fruits, Vegetables, Medicinal Plants, Banana, Pistachio, Hazelnut, and Others), Container Type (Petri Plates and Test Tubes, Plastic Containers, and Glass Bottles), End-User (Farmers and Research Labs), Sales Channel (Offline and Online) - Industry Trends and Forecast to 2031.
Latin America and North America Micropropagation Market Analysis and Size
Micropropagation transforms agriculture by providing controlled environment, addressing seasonal constraints, and developing resilient plant varieties, while also offering economic benefits for global population growth and climate security is driving the market growth. Micropropagation, through its symbiotic relationship, is transforming agriculture, horticulture, and forestry by efficiently propagating plants with desired traits, thereby addressing global food production, sustainability, and biodiversity conservation challenges is expected to provide opportunities for the market growth.
The Latin America and North America micropropagation market is expected to reach USD 6.28 billion by 2031 from USD 4.11 billion in 2023, growing at a CAGR of 5.5% in the forecast period of 2024 to 2031.
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion
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Segments Covered
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Crop Type (Orchid and Ornamentals, Small Fruits, Vegetables, Medicinal Plants, Banana, Pistachio, Hazelnut, and Others), Container Type (Petri Plates and Test Tubes, Plastic Containers, and Glass Bottles), End-User (Farmers and Research Labs), Sales Channel (Offline and Online)
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Country Covered
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U.S., Canada, Mexico, Brazil, Argentina, Chile, Colombia, Venezuela, Peru, and Rest of Latin America
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Market Players Covered
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Thermo Fisher Scientific Inc., Deroose Plants, Agriforest.ca, Tissue-Grown Corporation, Galiltec S.A. de C.V., Segra International, Agribiotecnología de Costa Rica S.A., TC Propagation Ltd, Dark Heart Industries, PlantMedia, Plant Cell Technology, 3R Biotech, PhytoTech Labs, Inc., Caisson Labs Inc., and Lifeasible among others
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Market Definition
Micropropagation is a plant propagation technique that involves the in vitro cultivation of plant cells, tissues, or organs under sterile conditions. This method allows for the rapid and efficient production of large numbers of genetically identical plants from a small initial sample, often referred to as an explant. The process typically begins with the selection of a healthy and desirable plant specimen, which is then dissected into small pieces and placed in a nutrient-rich medium containing essential growth hormones.
Latin America and North America Micropropagation Market Dynamics
Drivers
- Development of High Yield and Resilient Plant Varieties
Micropropagation enables the propagation of plants irrespective of seasonal constraints, providing a continuous and accelerated supply of planting material. This flexibility aligns with the demand for sustainable agriculture and offers a strategic advantage to growers by diversifying their crop cycles and ensuring a year-round supply of consistent, high-quality produce. Moreover, the precision and scalability of micropropagation contribute to the propagation of elite plant varieties, including those with improved resistance to diseases, pests, and environmental stresses. The demand for micropropagation as a tool and technology for precise breeding and propagation of resilient plant varieties is on the rise, as the global agricultural landscape faces the challenges posed by climate change and the need for resilient crops.
- Rising Demand for Disease-Free Plants in the Horticulture and Agriculture Sector
The demand for micropropagation and disease-free plants stems from the increasing awareness among growers and farmers about the critical role disease-free plants play in enhancing crop yield and quality. Disease-free plants obtained through micropropagation methods ensure a clean start for cultivation, free from pathogens and infections that can adversely affect plant health and productivity. Moreover, Micropropagation involves the aseptic culture of plant cells, tissues, or organs in a nutrient medium. This method enables the rapid multiplication of disease-free plants from a small, healthy plant sample.
Opportunities
- Rising Demand for Home Laboratories and Farming
The adoption of micropropagation in home settings is further fueled by advancements in technology and the availability of user-friendly kits and equipment. These advancements simplify the once complex process of tissue culture, making it accessible to a broader audience. The market capitalizes on this trend by providing innovative solutions that cater to the specific needs of home-based plant propagators. Companies in the micropropagation sector are investing in research and development to create user-friendly, cost-effective, and efficient kits that empower individuals to engage in successful plant propagation. Thus, rising demand for home laboratories and farming is providing opportunities for the market growth.
- Development of Transgenic Plant Varieties
The opportunities stemming from customized transgenic plant varieties are multifold. These varieties often undergo extensive research and development to optimize their traits. Micropropagation offers an efficient means of mass-producing these genetically modified plants while maintaining the desired characteristics, ensuring a consistent and reliable supply for agricultural purposes. Micropropagation facilitates the large-scale production of these specialized plants, enabling industries to harness their unique properties. This diversification of applications further propels the micropropagation market, as the technique becomes instrumental in producing tailored plant varieties that serve diverse sectors
Restraints/Challenges
- High Cost of Infrastructure and Technology
The capital-intensive nature of micropropagation technology becomes particularly causing difficulties for small and medium-sized enterprises (SMEs) or agricultural entities with limited financial resources. The substantial upfront investment in infrastructure and technology often acts as a deterrent, preventing these stakeholders from integrating micropropagation into their agricultural or horticultural practices. Consequently, the market encounters barriers to entry and expansion, hindering its potential to revolutionize large-scale plant production.
- Difficulties Related to Contamination Control and Aseptic Techniques
The complexity of contamination control is magnified by the sensitivity of plant tissues to external influences. Plant cells in culture are susceptible to infections, necessitating thorough attention to sterility. Contamination not only impacts the current crop but also poses risks for subsequent generations, affecting the sustainability and reliability of micropropagation. The need for stringent control measures, including air filtration systems and sterilized equipment, adds operational complexity and cost, contributing to the industry's challenges.
Recent Developments
- In September 2023, Agriforest.ca secured USD 187,980 funding from NRC/IRAP for a research project on developing a Vertical Growing System. The initiative aims to efficiently produce virus and disease-free planting stocks of Berry and Grapevine Crops through a combination of tissue culture and micropropagation technology. The system integrates wireless sensor network technology for precise monitoring and delivery of water, nutrients, and carbon dioxide
- In June 2023, Segra International announced exclusive global distribution agreements with Grounded Genetics and The Holding Company. The partnership will provide access to a diverse collection of proven, award-winning, and unreleased genetics for Canadian and international markets. In addition, collaboration with both groups will allow for custom phenotype selection and breeding projects, enhancing the cannabis cultivation experience. The partnership will help the company to enhance its expertise in cannabis tissue culture and molecular biology to ensure clean, safe, and innovative genetic offerings
Latin America and North America Micropropagation Market Scope
The Latin America and North America micropropagation market is segmented into four notable segments which are crop type, container type, end-user and sales channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Crop Type
- Orchid and Ornamentals
- Medicinal Plants
- Vegetables
- Small Fruits
- Banana
- Pistachio
- Hazelnut
- Others
On the basis of crop type, the market is segmented into orchid and ornamentals, small fruits, vegetables, medicinal plants, banana, pistachio, hazelnut, and others.
Container Type
- Petri Plates and Test Tubes
- Plastic Containers
- Glass Bottles
On the basis of container type the market is segmented into petri plates and test tubes, plastic containers, and glass bottles.
End-User
- Farmers
- Research labs
On the basis of end-user the market is segmented into farmers and research labs.
Sales channel
- Offline
- Online
On the basis of sales channel the market is segmented into offline and online.
Latin America and North America Micropropagation Market Regional Analysis/Insights
Latin America and North America micropropagation market is segmented into four notable segments based on crop type, container type, end-user and sales channel.
The countries in the Latin America and North America micropropagation market are U.S., Canada, Mexico, Brazil, Argentina, Chile, Colombia, Venezuela, Peru, and rest of Latin America.
U.S. is expected to dominate the market due to the presence of a large number of major players in the region and the increase in initiatives such as acquisitions, collaborations, and product launches by manufacturers to distribute their products efficiently to the consumer.
The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Latin America and North America Micropropagation Market Share Analysis
The Latin America and North America micropropagation market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the micropropagation market.
Some major market players operating in the market are Thermo Fisher Scientific Inc., Deroose Plants, Agriforest.ca, Tissue-Grown Corporation, Galiltec S.A. de C.V., Segra International, Agribiotecnología de Costa Rica S.A., TC Propagation Ltd, Dark Heart Industries, PlantMedia, Plant Cell Technology, 3R Biotech, PhytoTech Labs, Inc., Caisson Labs Inc., and Lifeasible among others.
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