Published on : Dec 03, 2019
ResearchMoz.us has announced the addition of a report, titled “Global Plant Tissue Culture Products Market Size, Status and Forecast 2019-2025”. The report offers an elaborate assessment of key growth trends and drivers, recent developments in the market, the competitive ecosystem, and opportunity and challenges analysis.
The market for global plant tissue culture products is set to see a stellar growth over 2019-2015, the forecast period. The impressive CAGR (Compound Annual Growth Rate) will lead to generation of notable market opportunities. And, the players would leave no stone unturned to make the most of these.
The growth is primarily owed to increase in applications of cell and tissue cultures. Also, increase in Research and Development in engineering related to cell and tissue is purring the graph on a higher trajectory.
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Moreover, there is an increase in demand for high-yielding crops from the agriculture sector owing to increase in food demand predicted, a result of rising population worldwide. As per IPCC (Inter-governmental Panel on Climate Change), due to climate change – global warming on a scale that was neither predicted nor manageable, is affecting negatively productivity. It is important to note here that the effect is adverse not just on crops but also livestock, forestry and aquaculture.
It is also pertinent to note here that the population across the world would surpass 9 billion by 2050. Thus, it can be fairly gauged that the global plant tissue culture products will play a significant role over the forecast period. And, it goes without saying that this will lead to lucrative opportunities mushrooming rapidly. Here, again it is critical to note that the advantages in crop production are not just limited to high yield. It also includes rise in nutrient levels, making it especially important in regions where crop growth is poor and mal nourishment on arise. Plant tissue science will also play a role in stabilizing yield and improving resistance to pests and diseases. They can also help in increasing resistance to abiotic stresses – cols, droughts, etc.
The market for plant tissue culture products is consolidated. Key players in the market that are covered in the report include:
The report profiles them in a detailed manner and analyzes their development plan and future strategies. Thus, it offers forecast, and a deep-dive into growth opportunities landscape.
Noteworthy here is that in the global plant tissue culture products market, players take up numerous strategies to maintain edge. Strategic partnerships and mergers are important ones. Then, there is also the need to ensure constant product development through innovation. In 2017, for instance, Greiner Bio-One International GmBh, a plastic manufacturing company that is held privately, came up with a new product. It is called Celldisc. It is used for mass cell culture. It can cover the surface of cell culture. And, its range includes 1000 cm square to 1 m square.
The regions covered in the report include:
The region that will chart the most impressive growth is North America, followed by Europe, owing to presence of some of the biggest market players in the global plant tissue culture products market landscape. But, it is important to note here that there is another region that will keep the analysts hooked to it – the Asia Pacific (APAC) region. This region will be significant owing to increase in investment from both market players and government. Besides, as the economies in the region perform extremely well, the growth opportunities in this region will be major, pulling players from around to gain a share of the overall pie.