Latin America and North America Micropropagation Market- Industry Trends and Forecast to 2031
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 lucrative CAGR of 5.5% in the forecast period of 2024 to 2031. Market Segmentation: 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
Drivers • Development of high yield and resilient plant varieties • Rising demand for disease-free plants in the horticulture and agriculture sector Restraints • High cost of infrastructure and technology • Genetic uniformity and somaclonal variation concerns Opportunities • Advancements in biotechnology and tissue culture techniques • Rising demand for home laboratories and farming Market Players:
Some of the major market players operating in the Latin America and North America micropropagation 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. • Lifeasible
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1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of The North America And Latin America Micropropagation Market
1.4 Currency And Pricing
1.5 Limitations
1.6 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Dbmr Tripod Data Validation Model
2.5 Primary Interviews With Key Opinion Leaders
2.6 Multivariate Modelling
2.7 Market End-user Coverage Grid
2.8 Dbmr Market Position Grid
2.9 Vendor Share Analysis
2.10 Secondary Sources
2.11 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Pestel Analysis
4.1.1 Political Factors
4.1.2 Economic Factors
4.1.3 Social Factors
4.1.4 Technological Factors
4.1.5 Environmental Factors
4.1.6 Legal Factors
4.2 Porter's Five Forces
4.2.1 Threat Of New Entrants
4.2.2 Threat Of Substitutes
4.2.3 Customer Bargaining Power
4.2.4 Supplier Bargaining Power
4.2.5 Internal Competition
4.3 Vendor Selection Criteria
4.3.1 Quality And Consistency
4.3.2 Technical Expertise
4.3.3 Supply Chain Reliability
4.3.4 Compliance And Sustainability
4.3.5 Cost And Pricing Structure
4.3.6 Financial Stability
4.3.7 Flexibility And Customization
4.3.8 Risk Management And Contingency Plans
4.4 Brand Analysis
4.5 Consumers Buying Behaviour
4.5.1 Consumer Trends And Preferences
4.5.1.1 Diversity Of Plant Varieties
4.5.1.2 Sustainable Practices
4.5.1.3 Technological Integration
4.5.1.4 Customization And Tailored Solutions
4.5.1.5 Quality Assurance And Testing Protocols
4.5.1.6 Education And Training Support
4.5.1.7 Collaboration And Networking Opportunities
4.5.2 Factors Affecting Buying Behavior
4.5.2.1 Quality Of Micropropagated Plants
4.5.2.2 Cost-efficiency
4.5.2.3 Technical Support And Expertise
4.5.2.4 Range Of Available Varieties
4.5.2.5 Reputation Of Suppliers
4.5.2.6 Regulatory Compliance And Certification
4.5.2.7 Sustainability Practices
4.5.2.8 Technology Adoption And Innovation
4.5.3 Consumer Product Adoption
4.5.3.1 Ease Of Integration Into Existing Practices
4.5.3.2 Demonstrated Economic Benefits
4.5.3.3 Accessibility Of Technology And Resources
4.5.3.4 Success Stories And Case Studies
4.5.3.5 Regulatory Support And Guidelines
4.5.3.6 Education And Training Programs
4.5.3.7 Supplier Reputation And Reliability
4.5.3.8 Industry Collaboration And Networking
4.6 Price Analysis
4.6.1 Plant Species Complexity
4.6.2 Scale Of Production
4.6.3 Geographical Location
4.6.4 Technological Advancements
4.6.5 Market Demand And Competition
4.7 Technological Advancements By Manufacturers
4.7.1 Automation And Robotics
4.7.2 Bioreactor Technology
4.7.3 Molecular Techniques And Genetic Modification
4.7.4 Advanced Nutrient Formulations
4.7.5 Remote Monitoring And Data Analytics
5 Market Overview
5.1 Drivers
5.1.1 Development Of High Yield And Resilient Plant Varieties
5.1.2 Rising Demand For Disease-free Plants In The Horticulture & Agriculture Sector
5.1.3 Huge Demand For Ornamental And Medicinal Plants
5.1.4 Rising Interest In Rare And Endangered Plant Conservation
5.2 Restraints
5.2.1 High Cost Of Infrastructure And Technology
5.2.2 Genetic Uniformity And Somaclonal Variation Concerns
5.3 Opportunities
5.3.1 Advancements In Biotechnology And Tissue Culture Techniques
5.3.2 Development Of Transgenic Plant Varieties
5.3.3 Rising Demand For Home Laboratories And Farming
5.4 Challenges
5.4.1 Difficulties Related To Contamination Control And Aseptic Techniques
5.4.2 Ethical And Regulatory Issues Associated With Micropropagation
6 Latin America And North America Micropropagation Market, By Crop Type
6.1 Overview
6.2 Orchid And Ornamentals
6.3 Small Fruits
6.4 Vegetables
6.5 Medicinal Plants
6.6 Banana
6.7 Pistachio
6.8 Hazelnut
6.9 Others
7 Latin America And North America Micropropagation Market, By Container Type
7.1 Overview
7.2 Petri Plates And Test Tubes
7.3 Plastic Containers
7.4 Glass Bottles
8 Latin America And North America Micropropagation Market, By End-user
8.1 Overview
8.2 Farmers
8.3 Research Labs
9 Latin America And North America Micropropagation Market, By Sales Channel
9.1 Overview
9.2 Offline
9.3 Online
10 Latin America And North America Micropropagation Market, By Country
10.1 North America
10.1.1 U.S.
10.1.2 Canada
10.1.3 Mexico
10.2 Latin America
10.2.1 Brazil
10.2.2 Argentina
10.2.3 Chile
10.2.4 Colombia
10.2.5 Venezuela
10.2.6 Peru
10.2.7 Rest Of Latin America
11 Company Landscape
11.1 Company Share Analysis: Europe
12 Swot Analysis
13 Company Profiles
13.1 Thermo Fisher Scientific Inc.
13.1.1 Company Snapshot
13.1.2 Product Portfolio
13.1.4 Recent Development
13.2 Deroose Plants
13.2.1 Company Snapshot
13.2.2 Product Portfolio
13.2.3 Recent Developments
13.3 Agriforest.Ca
13.3.1 Company Snapshot
13.3.2 Product Portfolio
13.3.3 Recent Developments
13.4 Tissue-grown Corporation
13.4.1 Company Snapshot
13.4.2 Product Portfolio
13.4.3 Recent Developments
13.5 Galiltec S.A. De C.V.
13.5.1 Company Snapshot
13.5.2 Product Portfolio
13.5.3 Recent Developments
13.6 3r Biotech
13.6.1 Company Snapshot
13.6.2 Product Portfolio
13.6.3 Recent Developments
13.7 Agribiotecnología De Costa Rica S.A.
13.7.1 Company Snapshot
13.7.2 Product Portfolio
13.7.3 Recent Developments
13.8 Caisson Labs Inc.
13.8.1 Company Snapshot
13.8.2 Product Portfolio
13.8.3 Recent Developments
13.9 Dark Heart Industries
13.9.1 Company Snapshot
13.9.2 Product Portfolio
13.9.3 Recent Developments
13.10 Lifeasible
13.10.1 Company Snapshot
13.10.2 Product Portfolio
13.10.3 Recent Developments
13.11 Phytotech Labs, Inc.
13.11.1 Company Snapshot
13.11.2 Product Portfolio
13.11.3 Recent Developments
13.12 Plant Cell Technology
13.12.1 Company Snapshot
13.12.2 Product Portfolio
13.12.3 Recent Developments
13.13 Plantmedia
13.13.1 Company Snapshot
13.13.2 Product Portfolio
13.13.3 Recent Developments
13.14 Segra International
13.14.1 Company Snapshot
13.14.2 Product Portfolio
13.14.3 Recent Developments
13.15 Tc Propagation Ltd
13.15.1 Company Snapshot
13.15.2 Product Portfolio
13.15.3 Recent Developments
14 Questionnaire
15 Related Reports
List Of Tables
Table 1 Latin America And North America Micropropagation Market, By Crop Type, 2022-2031 (Usd Thousand)
Table 2 Latin America And North America Orchid And Ornamentals In Micropropagation Market, By Category, 2022-2031 (Usd Thousand)
Table 3 Latin America And North America Ornamentals In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 4 Latin America And North America Orchids In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 5 Latin America And North America Small Fruits In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 6 Latin America And North America Berries In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 7 Latin America And North America Vegetables In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 8 Latin America And North America Medicinal Plants In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 9 Latin America And North America Micropropagation Market, By Container Type, 2022-2031 (Usd Thousand)
Table 10 Latin America And North America Micropropagation Market, By End-user, 2022-2031 (Usd Thousand)
Table 11 Latin America And North America Micropropagation Market, By Sales Channel, 2022-2031 (Usd Thousand)
Table 12 North America Micropropagation Market, By Country, 2022-2031 (Usd Thousand)
Table 13 North America Micropropagation Market, By Crop Type, 2022-2031 (Usd Thousand)
Table 14 North America Orchid And Ornamentals In Micropropagation Market, By Category, 2022-2031 (Usd Thousand)
Table 15 North America Ornamentals In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 16 North America Orchid In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 17 North America Small Fruits In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 18 North America Berries In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 19 North America Vegetables In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 20 North America Medicinal Plants In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 21 North America Micropropagation Market, By Container Type, 2022-2031 (Usd Thousand)
Table 22 North America Micropropagation Market, By End-user, 2022-2031 (Usd Thousand)
Table 23 North America Micropropagation Market, By Sales Channel, 2022-2031 (Usd Thousand)
Table 24 U.S. Micropropagation Market, By Crop Type, 2022-2031 (Usd Thousand)
Table 25 U.S. Orchid And Ornamentals In Micropropagation Market, By Category, 2022-2031 (Usd Thousand)
Table 26 U.S. Ornamentals In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 27 U.S. Orchid In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 28 U.S. Small Fruits In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 29 U.S. Berries In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 30 U.S. Vegetables In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 31 U.S. Medicinal Plants In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 32 U.S. Micropropagation Market, By Container Type, 2022-2031 (Usd Thousand)
Table 33 U.S. Micropropagation Market, By End-user, 2022-2031 (Usd Thousand)
Table 34 U.S. Micropropagation Market, By Sales Channel, 2022-2031 (Usd Thousand)
Table 124 Peru Micropropagation Market, By Crop Type, 2022-2031 (Usd Thousand)
Table 125 Peru Orchid And Ornamentals In Micropropagation Market, By Category, 2022-2031 (Usd Thousand)
Table 126 Peru Ornamentals In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 127 Peru Orchid In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 128 Peru Small Fruits In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 129 Peru Berries In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 130 Peru Vegetables In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 131 Peru Medicinal Plants In Micropropagation Market, By Type, 2022-2031 (Usd Thousand)
Table 132 Peru Micropropagation Market, By Container Type, 2022-2031 (Usd Thousand)
Table 133 Peru Micropropagation Market, By End-user, 2022-2031 (Usd Thousand)
Table 134 Peru Micropropagation Market, By Sales Channel, 2022-2031 (Usd Thousand)
Table 135 Rest Of Latin America Micropropagation Market, By Crop Type, 2022-2031 (Usd Thousand)
List Of Figures
Figure 1 Latin America And North America Micropropagation Market: Segmentation
Figure 2 Latin America And North America Micropropagation Market: Data Triangulation
Figure 3 Latin America And North America Micropropagation Market: Droc Analysis
Figure 4 North America Micropropagation Market: Regional Vs Country Market Analysis
Figure 5 Latin America Micropropagation Market: Regional Vs Country Market Analysis
Figure 6 Latin America And North America Micropropagation Market: Company Research Analysis
Figure 7 Latin America And North America Micropropagation Market: Interview Demographics
Figure 8 Latin America And North America Micropropagation Market: Market End-user Coverage Grid
Figure 9 Latin America And North America Micropropagation Market: Dbmr Market Position Grid
Figure 10 Latin America And North America Micropropagation Market: Vendor Share Analysis
Figure 11 Latin America And North America Micropropagation Market: Segmentation
Figure 12 Development Of High Yield And Resilient Plant Varieties Is Driving The Growth Of North America Micropropagation Market In The Forecast Period Of 2024 To 2031
Figure 13 Rising Demand For Disease-free Plants In The Horticulture & Agriculture Sector Is Expected To Drive The Latin America Micropropagation Market In The Forecast Period Of 2024 To 2031
Figure 14 Orchid And Ornamentals Is Expected To Account For The Largest Share Of The North America Micropropagation Market In 2024 And 2031
Figure 15 Orchid And Ornamentals Is Expected To Account For The Largest Share Of The Latin America Micropropagation Market In 2024 And 2031
Figure 16 Pestel Analysis
Figure 17 Porter’s Five Forces
Figure 18 Vendor Selection Criteria
Figure 19 Drivers, Restraints, Opportunities, And Challenges Of The Latin America And North America Micropropagation Market
Figure 20 North America Micropropagation Market: By Crop Type, 2023
Figure 21 Latin America Micropropagation Market: By Crop Type, 2023
Figure 22 North America Micropropagation Market: By Container Type, 2023
Figure 23 Latin America Micropropagation Market: By Container Type, 2023
Figure 24 North America Micropropagation Market: By End-user, 2023
Figure 25 Latin America Micropropagation Market: By End-user, 2023
Figure 26 North America Micropropagation Market: By Sales Channel, 2023
Figure 27 Latin America Micropropagation Market: By Sales Channel, 2023
Figure 28 North America Micropropagation Market: Snapshot (2023)
Figure 29 Latin America Micropropagation Market: Snapshot (2023)
Figure 30 Latin America And North America Micropropagation Market: Company Share 2023 (%)