The plant Breeding Market size was valued at USD 16.4 billion in 2021 and is expected to reach USD 14.2 billion by 2028, at a CAGR of 12.6% during the forecast period 2022-2028. owing to the increase in demand for improved crop varieties using modern breeding techniques and the exponential fall in the cost of genomic solutions are the major factors that are driving the growth of the market. However, the high cost of modern plant breeding techniques over conventional breeding and lack of laboratory infrastructure hinders the growth of the market over the forecasted period. Based on Type, the GM crops segment is expected to grow at the highest CAGR over the forecast years owing to the rising adoption of hybrid and molecular breeding techniques in developing countries, and the growing cultivation of GM crops fuels the growth of the market. The global plant breeding market is surging owing to strategic collaborations and definitive agreements and expansion to other regions to enhance the growth of the company. For instance, In October 2018, KWS SAAT SE and J.R. Simplot Company (US), together founded a new joint venture, Adrevo B.V. In September 2018, Limagrain (France) acquired AdvanSeed (Denmark), through its subsidiary Vilmorin & Cie. The acquired company has specialization in the breeding, production, and distribution of hybrid spinach and leafy vegetable seeds. This report studies global plant breeding market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities).