Plant Tissue Culture Market by Type (Instruments, Media & Reagents, and Consumables), Application (Plant Research, Agriculture, Forestry, Appliances, and Others), Crop Type (Ornamental Plants, Agricultural Plants, Wooden Plants, and Others), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031

LS : Diagnostics and Biotech

RA08609

Pages: 240

Feb 2023

Global Plant Tissue Culture Market Analysis

The Global Plant Tissue Culture Market Size was $1,220 million in 2021 and is predicted to grow with a CAGR of 6.4%, by generating a revenue of $2,202.9 million by 2031.

Global Plant Tissue Culture Market Synopsis

The increase in government support has led to an increase in the number of plant tissue culture labs and has created new opportunities for businesses in the market. It has also created a favorable environment for the growth of the market as more farmers are adopting tissue culture techniques to produce high-quality, disease-free plants. Moreover, the government's efforts to promote sustainable agriculture and increase food production have also boosted the growth of the plant tissue market. They are promoting the use of tissue culture techniques to produce genetically superior plants that are resistant to diseases and pests, which results in higher yields and improved food security. Government support for the agriculture sector is a key driver of the plant tissue culture market.

However, the lack of standardization in the production process and quality control can also contribute to the high cost of production, as it requires frequent monitoring and testing. This can also lead to variations in the quality of the products available in the market, affecting consumer confidence and demand. The high cost of production is a major limitation in the growth and development of the plant tissue culture market, limiting its accessibility and affordability for the general public. Efforts to reduce the cost of production, improve standardization and quality control, and increase public awareness and education about the benefits of plant tissue culture products are essential to overcome this limitation.

The use of plant tissue culture techniques for the production of plant-based food products is becoming increasingly popular as it allows for the creation of high-quality, genetically uniform crops that are free from pests and diseases. This results in higher yields and more consistent quality, making these products more appealing to consumers. Moreover, the use of plant tissue culture techniques can also help to reduce the use of pesticides and fertilizers, making these products more environmentally friendly. This is becoming a key selling point for consumers who are becoming more conscious about their impact on the environment. The growing demand for plant-based food products, coupled with advancements in technology and techniques, is expected to drive significant growth in the plant tissue market in the coming years.

According to regional analysis, the Asia-Pacific plant tissue culture market is anticipated to be the fastest growing in 2031. The Asia Pacific region is a significant market for plant tissue culture and is expected to grow rapidly due to increasing demand for horticultural products, favorable government policies, and the growing use of tissue culture in agriculture. Countries such as China, India, Japan, and Australia are some of the major contributors to the growth of the plant tissue culture market in the Asia Pacific region.

Plant Tissue Culture Overview

Plant tissue culture is the sterile and carefully controlled cultivation of plant seeds, organs, explants, tissues, cells, or protoplasts on a chemically defined synthetic nutritional medium. This market is growing due to the increasing demand for food, feed, fuel, and fiber, as well as the increasing focus on developing new plant-based products, such as biodegradable plastics and biofuels.

COVID-19 Impact on Global Plant Tissue Culture Market

The COVID-19 pandemic has had a significant impact on the plant tissue culture market, both positively and negatively. On one hand, the global pandemic has led to an increase in demand for plant-based food products as people become more conscious about their health and the environment. This has led to an increase in the demand for plant tissue culture techniques as a means of producing high-quality, genetically uniform crops. On the other hand, the pandemic has led to supply chain disruptions and delays in production and distribution, which has affected the market negatively. The shortage of labor and raw materials, along with the closure of production facilities, has disrupted the production and distribution of plant-based food products, leading to shortages and price hikes.

Growing Demand for Food and Biofuel Sector to Drive the Market Growth

The increase in demand for food and biofuels with the growing global population is because plant tissue culture is a method of growing plants in a controlled environment, which allows for faster and more efficient plant growth and production. This method can be used to grow crops that are in high demand, such as fruits and vegetables, as well as crops that are used for biofuels, such as corn, sugarcane, and algae. Moreover, plant tissue culture also allows for the production of genetically modified crops that are more resistant to pests and diseases, have higher yields, and are more nutritious. This, in turn, increases the productivity of agriculture and contributes to meeting the growing demand for food and biofuels. The increase in demand for food and biofuels is a major driving factor for the growth of the plant tissue culture market. The COVID-19 pandemic has had a mixed impact on the plant tissue culture market. While there has been an increase in demand for plant-based food products, supply chain disruptions and delays in production and research have negatively impacted the market.

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Limited Production Capacity Over The Plant Tissue Culture to Restrain the Market Growth

The major challenge for the plant tissue market affects the overall demand and supply dynamics. The limited production capacity results in the lower availability of high-quality plant tissue culture products, which affects the growth of the market. The shortage of plant tissue culture products often results in higher prices, making it difficult for farmers and growers to access these products. In some cases, it also leads to the import of lower-quality products, which affects the quality and success rate of the plants grown using these products, which is anticipated to hamper the plant tissue culture market growth.

Increasing Demand For Organic and Non-GMO Products To Drive Excellent Opportunities

As consumers become more aware of the potential health risks associated with genetically modified organisms (GMOs) and chemically-treated crops, they are seeking out more natural, organic options. This shift in consumer preferences has led to an increased demand for plant tissue-based products that are organic, non-GMO, and free of harmful chemicals. This growth is due to several factors, including the increasing awareness of the health benefits of organic and non-GMO products, rising demand for food and beverages made from organic ingredients, and the growing popularity of organic and sustainable farming practices. The organic and non-GMO plant tissue market is expected to grow significantly in the coming years.

To know more about global plant tissue culture market opportunities, get in touch with our analysts here.

Global Plant Tissue Culture Market, by Type

On the basis of type, the market has been divided into instruments, media & reagents, and consumables. Among these, the media & reagents segment accounted for the highest market share in 2021 as well as is estimated to show the fastest growth during the forecast period.