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 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 v/s Crops), By Company, and By Region 2018-2028

  • Industry : Agriculture
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 3.75 Billion

CAGR (2023-2028)

8.68%

Fastest Growing Segment

DNA/RNA Sequencing

Largest Market

North America

 

Market Overview

Global Agrigenomics Market has valued at USD 3.75 Billion in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 8.68% through 2028. Agriculture has been instrumental in sustaining and improving human life for thousands of years. However, with a changing environment and a rapidly increasing population, there is a growing demand for more efficient and sustainable farming practices. Agricultural genomics, also known as Agrigenomics, is the application of genomics in agriculture. It plays a crucial role in driving sustainable productivity and addressing the challenges of feeding the expanding global population.

Through the use of advanced technology, farmers, researchers, and breeders can easily identify genetic markers associated with desirable traits. This information informs important decisions related to cultivation and breeding, ultimately benefiting farming practices. Agrigenomics finds applications in various platforms, including Plant and Animal Genomics, Commercial Agriculture, Agriculture Consortia, and Agricultural Community. It empowers commercial agriculture with applications such as trait screening, marker-assisted backcrossing, and parentage testing. Additionally, Agrigenomics aids in enhancing plant adaptation to environmental stresses through genetically-based programs, leading to improved crop production and sustainable growth in agriculture while preserving the ecological foundation of plant production.

Key Market Drivers

Growing Demand for Crop & Livestock

The global agrigenomics market is projected to witness significant growth, primarily driven by the increasing demand for crop and livestock. As the world's population continues to expand, the necessity for larger food production is more urgent than ever, and this is where agrigenomics comes in. Agrigenomics, the application of genomics in agriculture, enables breeders to produce high-yielding and disease-resistant varieties faster and more efficiently. This is crucial in the current scenario where the agricultural sector faces challenges such as changing climate conditions, pests, and disease outbreak. Similarly, in livestock production, agrigenomics plays an indispensable role by identifying and propagating desirable traits, thereby improving the quality and quantity of meat or dairy products. Given the aforementioned factors, the global demand for agrigenomics is expected to surge. The need for sustainable and efficient farming practices to meet the rising demand for food presents immense growth opportunities for the agrigenomics market worldwide. High-throughput sequencing technologies and bioinformatics are expected to further fuel this demand, offering innovative, cost-effective, and time-saving solutions to meet the growing needs for food and nutritional security.

Exponential Increase in The World Population

The exponential increase in the global population presents significant challenges, particularly in terms of food security, necessitating a proportionate rise in agricultural productivity. Agrigenomics, the application of genomics in agriculture, is anticipated to play a pivotal role in answering this demand. As the population swells, the strain on agricultural resources escalates, making the optimization of existing farming practices imperative. Agrigenomics provides the tools to enhance crop yields and resistance to pests, diseases, and adverse environmental conditions. By enabling the precise breeding of crops and livestock, agrigenomics offers the potential to augment food production significantly, whilst ensuring the sustainability of resources. Additionally, the increased adoption of genomics-based technologies in developing countries, driven by the pressing need to secure their food supply, is expected to further drive the growth of the global agrigenomics market. Moreover, as consumer awareness regarding the significance of genetically modified organisms (GMOs) in ensuring food security increases, it is likely to contribute to the demand for agrigenomics. Thus, as the world population continues its exponential ascent, the demand for agrigenomics is set to increase correspondingly, shaping the future of global agriculture.

Growing Demand for Genomic Databases by Livestock Breeders

The burgeoning demand for genomic databases by livestock breeders is poised to propel the global agrigenomics market forward significantly. As breeders appreciate the power of genomics and its capacity to enhance livestock quality, productivity, and health, the demand for genomic data has surged. Agrigenomics, the application of genomics in agriculture, offers breeders a detailed genetic map, allowing them to select and breed animals with desirable traits more accurately. This not only leads to improved livestock quality but also bolsters the efficiency and profitability of breeding operations. The ability to prevent diseases, increase meat quality, and boost milk production capacity are some of the benefits driving breeders to invest in genomic databases. As the livestock industry increasingly adopts this technology, the global demand for agrigenomics is expected to rise. Additionally, the advent of innovative technologies such as next-generation sequencing (NGS) and CRISPR is likely to further amplify this growth. Consequently, the agrigenomics market is well-positioned to experience robust expansion in the coming years, driven by breeders' growing reliance on genomic databases.

Technological Advancements in Sequencers Technology

Agrigenomics, the application of genomics in agriculture, is poised to experience a surge in demand on a global scale, largely driven by advancements in sequencer technology. High-throughput sequencers, for instance, have made genomic data more accessible and affordable than ever before. These devices can generate enormous volumes of data in a short span, enabling researchers to gain in-depth insights into plant and animal genomes. This, in turn, aids in the development of crops with improved resistance to diseases and pests, as well as livestock breeds with enhanced productivity and resilience. Moreover, the advent of portable sequencers has made on-site genomic analysis feasible, further accelerating research and decision-making processes. As the world grapples with the challenge of feeding an ever-growing population, these technological enhancements in sequencer technology provide an effective solution. They facilitate the creation of sustainable and efficient agricultural systems capable of meeting the escalating food demand without depleting resources. With such benefits, the demand for agrigenomics, fueled by advancements in sequencing technology, is anticipated to skyrocket worldwide.


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Key Market Challenges

High Cost Associated with Devices

High costs associated with agrigenomic devices are expected to pose a significant hurdle to the global adoption and growth of this market. As the technology is still in its developmental stages, the devices required for genetic modification and analysis in agriculture are priced exorbitantly. These high costs may deter small and mid-size farmers, particularly in developing regions, from adopting these advanced technologies, thus restricting the growth of the global agrigenomics market. Furthermore, even though agrigenomics holds the potential for significant yield improvements and efficient disease management, the immediate financial burden of these devices may overshadow their long-term benefits. In regions where agriculture is largely subsistence-based, the financial inability to procure such expensive equipment could potentially result in a slower adoption rate of agrigenomics. Therefore, while agrigenomics promises a revolutionary impact on agriculture, the high costs associated with the prerequisite devices may decrease its global demand. This underscores the need for efforts aimed at cost reduction and the development of affordable devices to ensure the broad accessibility of agrigenomic technology.

Stringency In the Regulation

The global agrigenomics sector, which applies genomic technologies to enhance agricultural productivity, is expected to experience a decline in demand due to the increasing regulatory stringency observed worldwide. Regulatory bodies are implementing stricter rules and guidelines to ensure the safety and ethical implications of genetically modified organisms (GMOs) and other genomic applications in agriculture. These stringent regulations can have a significant impact on the research, development, and adoption of agrigenomics solutions as they require additional time and resources to obtain necessary clearances.

Furthermore, non-compliance with these regulations can result in hefty fines and legal actions, potentially damaging the reputation of agrigenomics companies. The perceived alteration of natural food systems associated with these genomic technologies also fuels public controversy, creating an added layer of challenge for the sector. Despite the immense potential of agrigenomics to revolutionize food production, the combination of stringent regulatory requirements and societal concerns may significantly dampen the global demand for agrigenomics solutions in the years to come.

Key Market Trends

Growing Adoption of Various Sequencing Techniques

The global agrigenomics sector is poised to experience a surge in demand, driven primarily by the increasing adoption of various sequencing techniques. These methodologies, ranging from Whole Genome Sequencing (WGS) to Targeted Sequencing, offer agricultural scientists unprecedented insights into crop and livestock genomes. By analyzing genetic data, researchers can uncover traits that influence yield, resistance to disease, and adaptation to climatic conditions, paving the way for the development of enhanced plant and animal varieties. As the world grapples with climate change and a growing population, the importance of efficient, sustainable agriculture cannot be overstated. Consequently, the potential of sequencing technologies to boost crop productivity and livestock health is resonating with stakeholders globally, driving investment and interest in agrigenomics. Furthermore, decreasing sequencing costs and advancements in bioinformatics are making these powerful tools more accessible to scientists worldwide. This democratization of genomics promises to catalyze innovation in the agricultural sector, further spurring global demand for agrigenomics.

Growing Presence of The Biotechnological Industry Across The Globe

The burgeoning presence of the biotechnological industry on a global scale is expected to fuel an increased demand for agrigenomics. As the world grapples with burgeoning populations and escalating food demand, advancements in biotechnology have presented a solution in the form of agrigenomics. This scientific discipline uses genomics, the study of an organism's entire genetic makeup, to improve the yield, nutrition, and resistance of crops. Through the manipulation of genetic structures, crops can be enhanced to withstand harsh environmental conditions, resist diseases, and increase productivity, thereby addressing the global food shortage problem. Furthermore, the biotechnological industry's expansion is creating a network of resources, innovative tools, as well as a pool of skilled workforce that is augmenting the development and application of agrigenomics. The increasing investment in biotechnological research and the growing understanding of genomics will further drive agrigenomics adoption. As more countries embrace biotechnology, the demand for agrigenomics is set to escalate, contributing significantly to the global effort to ensure food security and sustainable agriculture.

Segmental Insights

Purpose Insights

Based on the Purpose, the Global Agrigenomics Market is currently dominated by DNA/RNA Sequencing, 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.

Application Insights

Based on the Application, the global agrigenomics market is currently undergoing a significant shift, with notable implications for both the livestock and crops sectors. However, it is worth mentioning that the crop sector has emerged as the dominant force in this evolving landscape. This can be attributed to the crucial role of crop genetics in not only ensuring food security but also in facilitating adaptation to climate change and meeting the ever-increasing demand for biofuel production on a global scale. With advancements in agrigenomics, researchers and scientists are exploring innovative approaches to improve crop yields, develop resilient varieties, and address the challenges posed by environmental factors. The continuous exploration of crop genetics in the context of agrigenomics is thus poised to shape the future of agriculture and contribute to sustainable food production.


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Regional Insights

The North America region is currently dominating the Global Agrigenomics Market due to a multitude of factors. Firstly, the region has embraced advancements in agrigenomics technologies, which have revolutionized the analysis of agricultural data. These cutting-edge technologies enable more precise and efficient analysis, resulting in improved crop yields and overall productivity. Moreover, the increased investments in agricultural research have created a fertile ground for innovation and the development of state-of-the-art agrigenomics solutions. Furthermore, North America's leading position in the market can be attributed to the presence of top-tier agrigenomics companies. These industry leaders bring a wealth of expertise and resources to the table, further propelling the growth of the market in the region. Their contributions, coupled with a strong foundation of technological advancements and robust research initiatives, have solidified North America's position as the benchmark for agrigenomics excellence on a global scale. The North America region's dominance in the Global Agrigenomics Market is a result of its proactive adoption of advanced technologies, substantial investments in agricultural research, and the presence of industry-leading companies. With its unwavering commitment to innovation and a thriving ecosystem of agrigenomics pioneers, North America continues to push the boundaries of agrigenomics and shape the future of agriculture worldwide.

Recent Developments

  • February 2023: Tecan entered into a collaboration with Singular Genomics, leveraging the turnkey MagicPrep NGS system to generate sequencing-ready libraries for the G4 sequencing platform. This agreement combines Tecan's expertise in laboratory automation, genomics, and bioinformatics with Singular Genomics' rapid, adaptable, and highly accurate sequencing technology, streamlining laboratory operations.
  • February 2021: Thermo Fisher Scientific Inc. completed the acquisition of a cell sorting technology from Propel Labs, a fully owned subsidiary of SIDIS Group. Thermo Fisher aims to enhance its cell analysis and cell therapy research business by integrating flow cytometry expertise, R&D capabilities, and engineering strength.

Key Market Players

  • 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.

By Purpose

By Sequencer Type

By Application

By Region
  • DNA Extraction & Purification
  • DNA/RNA Sequencing
  • Genotyping, Gene Expression Profiling,
  • GMO/Trait Purity Testing
  • Others
  • Sanger Sequencing
  • Patio Sequencers
  • Solid Sequencers
  • Illumina HI SEQ Family
  • Others
  • Livestock
  • Crops
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Report Scope:

In this report, the Global Agrigenomics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Agrigenomics Market, By Purpose:

o   DNA Extraction & Purification

o   DNA/RNA Sequencing

o   Genotyping, Gene Expression Profiling,

o   GMO/Trait Purity Testing

o   Others

  • Agrigenomics Market, By Sequencer Type:

o   Sanger Sequencing

o   Patio Sequencers

o   Solid Sequencers

o   Illumina HI SEQ Family

o   Others

  • Agrigenomics Market, By Application:

o   Livestock

o   Crops

  • Agrigenomics Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE


Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Agrigenomics Market.

Available Customizations:

Global Agrigenomics market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Agrigenomics Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Agrigenomics Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Purpose (DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, GMO/Trait Purity Testing, Others)

5.2.2.    By Sequencer Type (Sanger Sequencing, Patio Sequencers, Solid Sequencers, Illumina HI SEQ Family, Others)

5.2.3.    By Application (Livestock, Crops)

5.2.4.    By Region

5.2.5.    By Company (2022)

5.3.  Market Map

6.    North America Agrigenomics Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Purpose

6.2.2.    By Sequencer Type

6.2.3.    By Application

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Agrigenomics Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Purpose

6.3.1.2.2.           By Sequencer Type

6.3.1.2.3.           By Application

6.3.2.    Canada Agrigenomics Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Purpose

6.3.2.2.2.           By Sequencer Type

6.3.2.2.3.           By Application

6.3.3.    Mexico Agrigenomics Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Purpose

6.3.3.2.2.           By Sequencer Type

6.3.3.2.3.           By Application

7.    Europe Agrigenomics Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Purpose

7.2.2.    By Sequencer Type

7.2.3.    By Application

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Agrigenomics Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Purpose

7.3.1.2.2.           By Sequencer Type

7.3.1.2.3.           By Application

7.3.2.    United Kingdom Agrigenomics Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Purpose

7.3.2.2.2.           By Sequencer Type

7.3.2.2.3.           By Application

7.3.3.    Italy Agrigenomics Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Purpose

7.3.3.2.2.           By Sequencer Type

7.3.3.2.3.           By Application

7.3.4.    France Agrigenomics Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Purpose

7.3.4.2.2.           By Sequencer Type

7.3.4.2.3.           By Application

7.3.5.    Spain Agrigenomics Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Purpose

7.3.5.2.2.           By Sequencer Type

7.3.5.2.3.           By Application

8.    Asia-Pacific Agrigenomics Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Purpose

8.2.2.    By Sequencer Type

8.2.3.    By Application

8.2.4.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Agrigenomics Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Purpose

8.3.1.2.2.           By Sequencer Type

8.3.1.2.3.           By Application

8.3.2.    India Agrigenomics Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Purpose

8.3.2.2.2.           By Sequencer Type

8.3.2.2.3.           By Application

8.3.3.    Japan Agrigenomics Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Purpose

8.3.3.2.2.           By Sequencer Type

8.3.3.2.3.           By Application

8.3.4.    South Korea Agrigenomics Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Purpose

8.3.4.2.2.           By Sequencer Type

8.3.4.2.3.           By Application

8.3.5.    Australia Agrigenomics Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Purpose

8.3.5.2.2.           By Sequencer Type

8.3.5.2.3.           By Application

9.    South America Agrigenomics Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Purpose

9.2.2.    By Sequencer Type

9.2.3.    By Application

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Agrigenomics Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Purpose

9.3.1.2.2.           By Sequencer Type

9.3.1.2.3.           By Application

9.3.2.    Argentina Agrigenomics Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Purpose

9.3.2.2.2.           By Sequencer Type

9.3.2.2.3.           By Application

9.3.3.    Colombia Agrigenomics Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Purpose

9.3.3.2.2.           By Sequencer Type

9.3.3.2.3.           By Application

10. Middle East and Africa Agrigenomics Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Purpose

10.2.2. By Sequencer Type

10.2.3. By Application

10.2.4. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Agrigenomics Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Purpose

10.3.1.2.2.         By Sequencer Type

10.3.1.2.3.         By Application

10.3.2. Saudi Arabia Agrigenomics Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Purpose

10.3.2.2.2.         By Sequencer Type

10.3.2.2.3.         By Application

10.3.3. UAE Agrigenomics Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Purpose

10.3.3.2.2.         By Sequencer Type

10.3.3.2.3.         By Application

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Development

12.2.             Mergers & Acquisitions

12.3.             Product Launches

13. Global Agrigenomics Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             Illumina, Inc.

15.1.1. Business Overview

15.1.2. Product & Service Offerings

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2.             Thermo Fischer Scientific, Inc.

15.3.             Agilent Technologies, Inc.

15.4.             Eurofins Scientific SE

15.5.             LGC Limited

15.6.             Tecan Genomics, Inc.

15.7.             Neogen Corporation

15.8.             Galseq Srl Via Italia

15.9.             Biogenetic Services' Inc.

16. Strategic Recommendations

17. About Us & Disclaimer

 

Figures and Tables

Frequently asked questions

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The market size of the Global Agrigenomics Market was estimated to be USD 3.75 Billion in 2022.

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The global agrigenomics market is undergoing a notable shift. With both livestock and crops sectors being significant, crops have emerged as the dominant player. This is primarily due to the crucial role of crop genetics in addressing food security, climate change adaptation, and the increasing global demand for biofuel production.

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North America dominates the Global Agrigenomics Market due to advancements in agrigenomics technologies, increased investments in agricultural research, and the presence of leading agrigenomics companies. With its strong foundation of technological advancements and a thriving ecosystem of industry leaders, North America sets the benchmark for agrigenomics excellence globally.

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Growing demand for crop & livestock and growing demand for genomic databases by livestock breeders are the major drivers for the Global Agrigenomics Market.

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Sakshi Bajaal

Business Consultant
Press Release

Agrigenomics Market to Grow with a CAGR of 8.68% through 2028

Dec, 2023

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, 2

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