Asia Pacific Plant Tissue Culture Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Instruments, Media & Reagents, and Consumables), Application (Plant Research, Agriculture, Forestry & Technical Grade, and Others), and End Users

Asia Pacific Plant Tissue Culture Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Instruments, Media & Reagents, and Consumables), Application (Plant Research, Agriculture, Forestry & Technical Grade, and Others), and End Users (Greenhouse, Field, and Laboratory)

The Asia Pacific plant tissue culture market is expected to grow from US$ 148.96 million in 2022 to US$ 260.06 million by 2028; it is estimated to register a CAGR of 9.7% from 2022 to 2028.

Initiatives for Improvement of Plant Culture Practices in Developing Countries to Boost Asia Pacific Plant

Tissue Culture Market Growth in Coming Years

Plant tissue culture is gaining popularity in Asia Pacific as it can be implemented to produce and grow thousands of plant varieties. In Thailand, tissue culture is used to reproduce slow-growing and environment-sensitive orchids. Thailand is one of the leaders in tissue culture in Southeast Asia, producing 50 million plantlets a year. Most of these are orchids, which has helped the country become the biggest exporter of whole and cut orchids in Asia Pacific. Further, micropropagation by shoot culture technique has been developed for the mass propagation of bananas. In the Philippines, micropropagation is used as an approach to control the spread of viral diseases in bananas, such as banana bunchy top virus (BBTV) and banana bract mosaic virus (BBrMV), which are commonly spread through propagative materials. Various developing countries are taking initiatives and investing in plant tissue culture and funding research projects to be able to export their products to new markets. In 2022, the Ministry of Commerce & Industry of India extended help to exporters and encouraged them to boost the export of tissue culture plants by accessing new markets. Various projects involving tissue culture are in progress in India, which are funded by the Department of Biotechnology (DBT). For example, the DBT funded a tissue culture project named “Chemical Profiling of Microbes Associated with King Chilli (Capsicum chinense ) with Special Reference to Growth Promotion, Biocontrol and Capsaicinoids Production in North East Region” is that is funded by DBT. Such efforts by governments and government-aided institutes to promote tissue culture are creating opportunities for the growth of the Asia Pacific plant tissue culture market .

Asia Pacific Plant Tissue Culture Market Overview

Asia Pacific is expected to register the fastest CAGR in the global plant tissue culture market during the forecast period. China, India, and Southeast Asia are the major contributors to the market growth in this region. Asia Pacific accounted for ~xx% share of the global market in 2021. The market growth in this region is attributed to increasing investments in tissue culture based research with strong government support for plant tissue culture, and adoption of advanced technology in the agricultural sector. India, China, Indonesia, the Philippines, Vietnam, Thailand, etc., are agriculture economies. Therefore, the consumer base for plant tissue culture producing companies is growing considerably in the region.

Asia Pacific Plant Tissue Culture Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Plant Tissue Culture Market Segmentation

The Asia Pacific plant tissue culture market is segmented on the basis of type, application, end users, and country.

Based on type, the Asia Pacific plant tissue culture market is segmented into instrument, media & reagents, and consumables. The instrument segment held the largest market share in 2022. Further, the instrument segment is categorized into incubators, centrifuges, microscopes, sterilizers, and others. Similarly, media & reagents are categorized into murashige and skoog media, linsmaier and skoog media, and others.

Based on application, the Asia Pacific plant tissue culture market is segmented into plant research, agriculture, forestry & technical grade, and others . The agriculture segment held the largest market share in 2022.

Based on end users, the Asia Pacific plant tissue culture market is segmented into greenhouse, field, and laboratory . The field segment held the largest market share in 2022.

Based on country, the Asia Pacific plant tissue culture market is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. China dominated the market in 2022.

Thomas Scientific LLC; Sigma-Aldrich Co LLC; HiMedia Laboratories Pvt Ltd; Caisson Labs Inc.; Alpha Laboratories Ltd.; Becton, Dickinson and Co.; and AI Wathba Marionnet LLC. are the leading companies operating in the Asia Pacific plant tissue culture market.

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