by Plant tissue culture is the process of growing plant cells, tissues or organs under sterile conditions on nutrient culture media of known composition. Plant tissue culture has a wide range of benefits such as it allows mass propagation of elite plant varieties at a higher rate, production of disease-free plants, genetic conservation of rare and endangered plant species, and germplasm storage. The global demand for mass production of crops, horticultural & medicinal plants is driving the adoption of plant tissue culture techniques for commercial cultivation.
The global plant tissue culture market is estimated to be valued at US$ 883 Mn in 2024 and is expected to exhibit a CAGR of 9.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the plant tissue culture market are Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies, Inc., Caisson Laboratories, Inc., Corning Incorporated, HiMedia Laboratories, Phyto Technology Laboratories, Plant Cell Technology, Sigma-Aldrich Co. LLC, DuPont, Invitrotech, Twist Bioscience, Mirus Bio LLC, Clontech Laboratories, Inc., Biosynth Carbosynth, General Hydroponics, Inc. Key players are focusing on developing advanced Plant Tissue Culture Market Share protocols and technologies for mass production and germplasm storage.
The rising demand for mass production of horticultural crops and medicinal plants along with advances in genetic engineering and regenerative medicine offers significant growth opportunities for players in the plant tissue culture market. Various governments across the globe are also supporting tissue culture initiatives for commercial production and exchange of planting material.
Global expansion of the plant tissue culture market is driven by rising agricultural production in Asian countries such as India and China. North America and Europe are also adopting plant tissue culture techniques for applications such as production of disease-resistant varieties and biomass culturing.
Market Drivers
The major growth driver for the plant tissue culture market is the advancements in regenerative medicine applications of plant cells and tissues. Plant tissue culture is used for biomass culturing and large-scale production of key compounds like phytochemicals that find applications in development of novel drugs, cosmetics, and therapies. The efficient mass propagation and germplasm exchange enabled by plant tissue culture techniques is also fueling the overall market growth.
PEST Analysis
Political: Government policies and regulations regarding plant derived medicines and biotechnology influence this market. Regulations regarding import and export of plant tissues also impact the market.
Economic: Emerging economies are witnessing increased demand for agricultural produce. This drives the need for efficient plant propagation techniques offered by tissue culture, thus supporting market growth.
Social: Rising population and need for food security have increased focus on sustainable agricultural practices. Tissue culture helps in meeting these needs through mass propagation of plants.
Technological: Advancements in bioreactors, automated systems, and micropropagation techniques have increased the usage of tissue culture in commercial scale micropropagation and helped scale-up the overall process. Integration of artificial intelligence is further optimizing tissue culture protocols.
The geographical regions accounting for major shares of the global plant tissue culture market regional analysis in terms of value are North America, Europe, and Asia-Pacific. Within North America, the U.S. dominates the market owing to significant R&D investments and commercial scale micropropagation activities. The Asia Pacific region is expected to witness the fastest growth during the forecast period due to growing agriculture sector in emerging economies like China and India.
Bananas are one of the most widely micropropagated fruit crops globally using plant tissue culture techniques. Countries like India, China, Ecuador, Philippines, and Brazil have large scale commercial banana micropropagation facilities and collectively account for over 50% of the global banana production, thereby making these regions as high potential markets for plant tissue culture products and services.
About Author - Ravina Pandya
Ravina Pandya,a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
