Agrigenomics Market to Grow with a CAGR of 8.99% through 2030
Technological advancements in sequencers technology and growing demand
for genomic databases by livestock breeders is expected to drive the Global Agrigenomics
Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “Agrigenomics Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the Global Agrigenomics Market stood at USD 4.26 Billion in 2024 and is
anticipated to grow with a CAGR of 8.99% in the forecast period, 2026-2030. The global
agrigenomics market is driven by several key factors. The rising global
population and the accompanying demand for increased food production is a
significant driver. Advancements in genomic technology, including
next-generation sequencing and high-throughput genotyping, are facilitating
rapid, accurate crop and livestock analysis, boosting market growth.
The escalating need for sustainable agriculture practices and the desire
to enhance crop quality and yields are propelling the use of agrigenomics.
Government initiatives and funding in agricultural research are further
supporting the growth of this market.
The global agrigenomics market is experiencing significant growth due to rapid technological advancements and the increasing demand for high-quality agricultural products across the globe. This market encompasses a wide range of services, including genotyping, gene expression profiling, marker-assisted selection, GMO/Trait Purity, and many more, catering to the diverse needs of farmers and agricultural stakeholders. Both developed and developing countries are heavily investing in agrigenomics technologies to enhance their agricultural productivity and sustainability. With the world's population continuously growing, the need for food security is becoming even more critical. As a result, the demand for advanced agrigenomics solutions is on the rise, empowering farmers to optimize crop yields, improve disease resistance, and enhance overall plant performance. By leveraging cutting-edge genetic tools and techniques, the agrigenomics industry is paving the way for more efficient and sustainable agricultural practices.
Furthermore, the global agrigenomics market is projected to maintain its upward trend in the foreseeable future. As new innovations emerge and research continues to unravel the complexities of plant genetics, the potential for further advancements in this field is immense. The integration of agrigenomics into mainstream agricultural practices holds great promise for addressing global food challenges and ensuring a more resilient and secure food supply chain. The thriving agrigenomics market plays a crucial role in shaping the future of agriculture, offering a wide array of services that contribute to improved crop quality, enhanced productivity, and sustainable farming practices. With the ongoing advancements in agrigenomics, we can expect to witness transformative changes in the global agricultural landscape. These developments will not only allow us to overcome the challenges of feeding a growing population but also ensure the long-term sustainability of our planet.
By delving deeper into the genetic makeup of plants, agrigenomics enables us to unlock valuable insights about their traits, disease resistance, and nutritional value. This knowledge empowers farmers and breeders to make informed decisions, leading to the development of superior crop varieties that are better adapted to changing environmental conditions. Moreover, agrigenomics facilitates precision agriculture, allowing farmers to optimize their resource utilization, reduce waste, and minimize the environmental impact of their practices.
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The Global Agrigenomics Market is segmented into purpose, sequencer type, application, regional distribution, and company.
Based on the Purpose, the DNA/RNA Sequencing shows the fastest growth over the forecast period. a powerful technique in genetic research. With advancements in agriculture, DNA/RNA Sequencing has gained increasing importance due to its ability to provide a comprehensive understanding of the genetic makeup of crops, livestock, and pathogens. This in-depth knowledge allows researchers and scientists to develop targeted strategies for enhancing crop yield, improving disease resistance, and boosting overall agricultural productivity. By harnessing the potential of DNA/RNA Sequencing, we can unlock a world of possibilities in the field of agrigenomics, revolutionizing the way we approach agriculture and ensuring a sustainable future for our food systems.
Based on region, Europe is experiencing significant growth in the Agrigenomics Market, driven by the increasing demand for advanced genomic technologies to improve crop production, livestock breeding, and sustainable agricultural practices. The region's strong focus on food security, environmental sustainability, and precision farming is accelerating the adoption of agrigenomics solutions. Additionally, government support for agricultural research, along with the presence of leading biotech companies and research institutions, is further fueling market growth. As Europe continues to prioritize innovation in agriculture, the agrigenomics market is expected to expand at a rapid pace.
Major companies operating in Global Agrigenomics Market
are:
- Illumina, Inc.
- Thermo Fischer Scientific, Inc.
- Agilent Technologies, Inc.
- Eurofins Scientific SE
- LGC Limited
- Tecan Genomics, Inc.
- Neogen Corporation
- Galseq Srl Via Italia
- Biogenetic Services' Inc.
- BGI
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“The future of the Global Agrigenomics Market appears
incredibly promising, with expectations of significant growth. This sector is
likely to experience a surge, powered by technological advancements in genomic
research and an increasing global demand for high yield crops. With the world's
population projected to reach 9.7 billion by 2050, the pressure on agricultural
productivity is immense. Agrigenomics, with its DNA sequencing and genotyping
technologies, is poised to revolutionize the way we understand plant and animal
genomes, leading to more resilient, nutritious, and sustainable crops.
Furthermore, the implementation of agrigenomics offers potential solutions to
key global challenges such as climate change and food security, propelling its
importance in the coming years”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“Agrigenomics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Purpose (DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, GMO/Trait Purity Testing, Others), By Sequencer Type (Sanger Sequencing, Pacbio Sequencers, Solid Sequencers, Illumina HI SEQ Family, Others), By Application (Livestock and Crops), By Region and Competition, 2020-2030F”, has evaluated
the future growth potential of Global Agrigenomics Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Agrigenomics Market.
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