Agri Genomics Market

Agri Genomics Market

Agri Genomics Market Global Industry Assessment & Forecast

# Pages:

145

Base Year:

2021

Dec - 2021

Format:

Report Code:

VMR-2021-1075

Segments Covered
  • By Objective RNA/Agrigenomics, DNA Extraction & Purification, Genotyping, Gene Expression Profiling, Market-Assisted Selection, GMO/Trait Purity Testing, Others
  • By Sequencer Type Sanger Sequencing, Solid Sequencers, Pacbio Sequencers, Illumina HSEQ Family, Other Sequencers
  • By Application Crops, Livestock
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 13.12 Billion
Revenue 2028: 22.71 Billion
Revenue CAGR (2022 - 2028): 7.10%
Fastest Growing Region (2022 - 2028)
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Agri Genomics market was valued at USD 13.12 Billion in 2020 and is projected to reach USD 22.71 Billion by 2028, growing at a CAGR of 7.10% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 22.71 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 7.10%

Definition and Overview

Agrigenomics or agricultural genomics (application of genomics in agriculture), will continue to facilitate sustainable productivity and provide solutions to the mounting situations of serving the population globally.

The global Agri Genomics market is segmented based on by Objective, Sequencer Type, regions, and countries. The regional segmentation provides current and forecast demand across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed on the basis of present and future trends. Rising demand for Agri Genomics  in various countries such as the U.S., Germany, China, India, and Japan, among others is likely to support the growth of the market. Numerous companies are focusing on investing heavily in this application to cater the end user requirements effectively. The report provides comprehensive analysis of the market based on drivers, restraints, opportunities, trends, competition, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028. 

vantage Market img 13.12 Billion 22.71 Billion

Global Agri Genomics Market: COVID-19 Impact Analysis

The COVID-19 pandemic is affecting industries worldwide and the global economy took hit in 2020 and likely in 2021 as well. The outbreak created disruptions in industries such as semiconductor, consumer electronics, travel, and automotive, among others. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Market Insights

Rapid improvement in the functional genomics industry, for instance, the endorsement of technology (massively parallel sequencing) and the formulation of procedures to efficiently evaluate cellular actions at the molecular level, are facilitating the global agrigenomics market.

Globally, pests cause a loss of 10-15% of crops annually. Pests are growing which is making them tough to kill. Therefore, the need to protect the crops and enhance their durability is a major factor driving the agrigenomics market.

Pests are growing which is making them tough to kill. Therefore, the need to protect the crops and enhance their durability is a major factor driving the agrigenomics market, and rapid improvement in the functional genomics industry, for instance, the endorsement of technology (massively parallel sequencing) and the formulation of procedures to efficiently evaluate cellular actions at the molecular level, are facilitating the global agrigenomics market.

Global Agri Genomics Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Objective, Sequencer Type, Application
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Affymetrix, Eurofins Scientific SE, Illumina, Thermo Fisher Scientific, Genotypic Technology Pvt Ltd, SciGenom Labs Pvt. Ltd, GalSeq SRL, Agilent Technologies, Inc., Edico Genome, and LGC Limited.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and , company market share analysis, and COVID-19 impact analysis

Market Segmentation

Objective  Analysis: Preview

On the basis of Objective, the market is segmented into RNA/Agrigenomics, DNA Extraction & Purification, Genotyping, Gene Expression Profiling, Market-Assisted Selection, GMO/Trait Purity Testing, Others. Due to financial obligations, in agrigenomics research the endorsement of automated methods has been relatively restricted, compared to other disciplines like, human genetics. Thus, this is hampering its growth.  held the leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the forecast timespan. This is due to the increasing adoption of Due to financial obligations, in agrigenomics research the endorsement of automated methods has been relatively restricted, compared to other disciplines like, human genetics. Thus, this is hampering its growth. in emerging economies in Asia Pacific region.

Sequencer Type Analysis: Preview

Based on Sequencer Type, the market is segmented into Sanger Sequencing, Solid Sequencers, Pacbio Sequencers, Illumina HSEQ Family, Other Sequencers. Market-Assisted Selection accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Agri Genomics Market: Objective Segment Analysis

    • RNA/Agrigenomics
    • DNA Extraction & Purification
    • Genotyping
    • Gene Expression Profiling
    • Market-Assisted Selection
    • GMO/Trait Purity Testing
    • Others

Global Agri Genomics Market: Sequencer Type Segment Analysis

    • Sanger Sequencing
    • Solid Sequencers
    • Pacbio Sequencers
    • Illumina HSEQ Family
    • Other Sequencers

Global Agri Genomics Market: Application Segment Analysis

    • Crops
    • Livestock

Regional Analysis Preview

On the basis of region, the global Agri Genomics market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. region held the largest share of the global Agri Genomics market in 2020. Some of the major countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. North America is one of the most profitable countries for companies operating in the market. 

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Agri Genomics Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

The market comprises of various small, medium, and large sized players spread across all the regions. Some of the key companies operating in the global Agri Genomics market are Affymetrix, Eurofins Scientific SE, Illumina, Thermo Fisher Scientific, Genotypic Technology Pvt Ltd, SciGenom Labs Pvt. Ltd, GalSeq SRL, Agilent Technologies, Inc., Edico Genome, and LGC Limited.. The report provides company market share analysis which gives a comprehensive overview of the key competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

FAQ
Frequently Asked Question
  • The global Agri Genomics valued at 13.12 Billion in 2020 and is expected to reach 22.71 Billion in 2028 growing at a CAGR of 7.10%%.

  • The prominent players in the market are Affymetrix, Eurofins Scientific SE, Illumina, Thermo Fisher Scientific, Genotypic Technology Pvt Ltd, SciGenom Labs Pvt. Ltd, GalSeq SRL, Agilent Technologies, Inc., Edico Genome, and LGC Limited..

  • The market is project to grow at a CAGR of 7.10%% between 2021 and 2028.

  • The driving factors of the Agri Genomics include

    • Rapid improvement in the functional genomics industry, for instance, the endorsement of technology (massively parallel sequencing) and the formulation of procedures to efficiently evaluate cellular actions at the molecular level, are facilitating the global agrigenomics market.
    • Globally, pests cause a loss of 10-15% of crops annually. Pests are growing which is making them tough to kill. Therefore, the need to protect the crops and enhance their durability is a major factor driving the agrigenomics market.

  • was the leading regional segment of the Agri Genomics in 2020.