Global Agrigenomics Market Forecast 2024-2030: Key Trends and Insights by Sequencer Type and Regional Dynamics

[Aarti Ghodke]

 

Agrigenomics  Market Overviews

Agrigenomics Market size was valued at US$ 3.97 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 9.7% through 2024 to 2030, reaching nearly US$ 7.59 Bn.

 

Agricultural genomics (Agrigenomics) is the application of genetics in agriculture to increase crop and livestock productivity and sustainability. Genomics has the potential to reduce the number of trials and failures in scientific research, potentially improving the quality and quantity of agricultural yields in agriculture. Linking features to genes or gene signatures aids crop breeding in the development of hybrids with the best characteristics. Agrigenomics Market report's segment analysis provided on the basis of sequencer type, objective application and region.

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Agrigenomics  Market Scope and Methodology:

The exponential growth in the world population, as well as the growing need for crops and livestock around the world, are important factors driving the growth of the Agrigenomics Market. The Market is growing as a result of a government push to promote research and improve agricultural productivity. Besides, the growing need for genomic databases by livestock breeders, as well as technological advancements in sequencer technology, such as shorter sequencing times and high-throughput systems, are driving the Agrigenomics Market forward.

Agrigenomics  Market Regional Insights

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Agrigenomics Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

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 Agrigenomics  Market Segmentation

Based on the Objective, the agrigenomics market is segmented into DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, Marker-Assisted Selection, GMO/TRAIT Purity Testing, and Other Objectives. Marker-Assisted Selection objective segment is expected to hold the largest market shares of xx% by 2027. Because it considerably increases the efficiency and effectiveness of breeding when compared to conventional breeding. Due to the substantial research support and presence of important technology suppliers in the United States, marker-assisted selection has been gaining popularity in North America. On the other hand, DNA/RNA sequencing and genotyping are standard prerequisites for agrigenomics testing services in 2020. This is due to the fact that high genotyping call accuracy allows researchers to fine-tune fine-mapping at a low cost.

Agrigenomics  Market Key Players

Euro Fins Scientific
Agilent Technologies Inc.
LGC Limited UK
Zoetis Inc.
Illumina Inc.
Genotypic Co Ltd
Sci Genom Labs Private Limited
Neogen Corporation

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Key questions answered in the Agrigenomics  Market are:

• What is Agrigenomics ?
• What was the Agrigenomics market size in 2023?
• What is the growth rate of the Agrigenomics Market?
• Which are the factors expected to drive the Agrigenomics market growth?
• What are the different segments of the Agrigenomics Market?
• What growth strategies are the players considering to increase their presence in Agrigenomics ?
• What are the upcoming industry applications and trends for the Agrigenomics Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Agrigenomics Market?
• Who are the leading companies and what are their portfolios in Agrigenomics Market?
• What segments are covered in the Agrigenomics Market?
• Who are the key players in the Agrigenomics market?

 

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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