The application of genetics in agriculture to increase crop and livestock productivity and sustainability is known as agricultural genomics (Agrigenomics). Genomics has the potential to reduce the number of trials and failures in scientific research, potentially improving agricultural yield quality and quantity. Crop breeding is aided in the development of hybrids with the best characteristics by linking features to genes or gene signatures. The segment analysis in the Agrigenomics Market report is provided on the basis of sequencer type, objective application, and region.
Agrigenomics Market Report Scope and Research Methodology
The aim of the Agrigenomics Market report is to provide the current and future market scenario. demand, income generation and sales and revenue have been provided in the Agrigenomics market report. The division of the market into various segments and sub-segments helps clients to know about different growth components that are likely to be similar across the Agrigenomics industry. The top players in the Agrigenomics industry including market leaders, new entrants and followers are also included in the report. The Agrigenomics market study provides unique guidance in thoughtful details regarding the development factors and has used a top-down and bottom-up approach to keep it error-free and accurate. SMR's Agrigenomics market report is the result of a study that used various methodologies such as the PESTLE, PORTER, and SWOT analysis. The use of these methodologies provides the knowledge of strengths and weaknesses along with the macro and micro economic factors in the Agrigenomics market.
Agrigenomics Market Report Overview:
The report provides insights about Agrigenomics Market key players along with a thorough analysis of their growth strategies, financial information and capacity, geographical presence, and product portfolio. The report provides fundamental dynamics of the Agrigenomics market, including drivers, opportunities, challenges and restraints faced by the market.
Agrigenomics Market size was
valued at US$ 3.01 Bn. in 2020 and the total revenue is expected to
grow at a CAGR of 9.7% through 2021 to 2027, reaching nearly US$ 5.75
Bn.
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Agrigenomics Market Dynamics:
The exponential growth of the global population, as well as the increasing demand for crops and livestock around the world, are important factors driving the Agrigenomics Market. As a result of the government's push to promote research and improve agricultural productivity, the market is expanding. Furthermore, the increasing demand for genomic databases by livestock breeders, as well as technological advances in sequencer technology, such as shorter sequencing times and high-throughput systems, are propelling the Agrigenomics Market forward.
Agrigenomics Market Segmentation:
The agrigenomics market is divided into the following segments: DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, Marker-Assisted Selection, GMO/TRAIT Purity Testing, and Other Objectives. Because it significantly improves breeding efficiency and effectiveness when compared to conventional breeding. Marker-assisted selection is gaining popularity in North America due to substantial research support and the presence of important technology suppliers. In contrast, DNA/RNA sequencing and genotyping will be required as standard prerequisites for agrigenomics testing services in 2020. This is because researchers can fine-tune fine-mapping at a low cost with high genotyping call accuracy.
Based on the Application, the agrigenomics market is segmented into Crops, and Livestock.Genotyping and next-generation sequencing (NGS) technologies are increasingly being used to study a wide range of agricultural species and gain a better understanding of the genetic variation that influences phenotype. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) technologies are accelerating development due to their low cost and advanced features such as multiplexing. Gene editing, in effect, democratizes the development of genetically modified plants. Large established companies such as Syngenta, Bayer, BASF, and Corteva use the technology, as do smaller start-ups such as Calyxt and Pairwise Plants.
Agrigenomics Market Regional Analysis
The market report delves into the Agrigenomics business in great depth, segmenting it into numerous locations. North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East are all the regions studied in the report. In the report, regional Agrigenomics markets are thoroughly investigated in order to uncover regional market trends, restrictions, and possible prospects.
Agrigenomics Market Key Players:
Thermo Fisher Scientific LLC
Affymytrix Technologies
Euro Fins Scientific
Agilent Technologies Inc.
LGC Limited UK
Zoetis Inc.
Illumina Inc.
Genotypic Co Ltd
Sci Genom Labs Private Limited
Neogen Corporation
GalSeq SRL VIA Italia
Biogenetic Services Inc.
Key Questions answered in the Agrigenomics Market Report are:
- What is Agrigenomics Market?
- Who are the top Agrigenomics Market players?
- What was the Agrigenomics Market size in 2021?
- What is the expected Agrigenomics Market size by 2029?
- What will be the CAGR of the Agrigenomics market during the forecast period?
- Which region held the largest market share in the Agrigenomics Market?
- Which regional Agrigenomics market is expected to grow at a high rate during the forecast period?
Key offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- 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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