Agrigenomics is a study of the structure and functional genomics of plant genomes, including crops and specific life activities of plant growth and development. It then clarifies the genetic control network and mechanism of plant life activities. It is a discipline that studies the application of genomics technology in the agriculture field to promote the genetic improvement of crops and livestock. Agricultural genomics research requires the collaborative innovation of domestic and foreign scientists, and the seamless connection with the biotechnology industry’s development needs to realize the maximum potential of agricultural genomics.
The global agrigenomics market likely to grow at a CAGR of over 7.5% during the forecast period, 2020-2027. The key factors are advancements in genomic technologies with various post-sequencing analysis techniques and different government support in developed countries. Additionally, the exponential surge in population, demand for crop and livestock, government initiatives to support research, and enhanced crop productivity will spur the global agrigenomics market growth in the future periods. The increasing global food demand and population growth across the globe will bolster the robust growth of the agrigenomics market in the upcoming periods. Further, the rapid penetration of sequencing technology for higher throughput and lower cost per sample will foster the agrigenomics market’s growth.
The decline in the cost of sequencing and reduction in time required for nucleic acid sequencing will complement the industry growth. Moreover, the growing need for environment-friendly & innovative production methods and the advent of agricultural modernization is anticipated to enhance the agrigenomics market in the analysis timeframe. The surge in the adoption of sequencing on account of the accuracy of results will propel the agrigenomics demand globally. The upsurge in the need for agrigenomics to understand the evolution of plant, yield optimization, phylogenetic relationship, pest management, and optimization of growth for food and biofuel will boom the global agrigenomics market share. Additionally, the growing application of agrigenomics in improving the sustainability and productivity of livestock and crop production is expected to foster global market growth. With the rapid growth of the population, the consumption of natural resources has intensified, and the pressure for sustainable agricultural development has increased. To fight for the discourse of agricultural development, significant countries in the world have promoted agrigenomics as a national development strategy.
Genomics research in vegetables, rice, and other important agricultural species ranks in the forefront of the world. Genomics mainly studies the structure, function, evolution, positioning, and editing of genomes and their impact on organisms. The agricultural genomics technology can not only greatly improve the efficiency of traditional breeding and design custom crops in the field of the seed industry, but also serve food safety and biosecurity, using synthetic genomics technology. It may also subvert the agricultural production pattern.
Using genomics, proteomics, metabolomics, and other technical means, it can explore the formation mechanism of quality, color, aroma, taste, shape, other qualities of storage and processing, and digestion process, absorption, and metabolism of food nutrition components mechanism.
The development of crop genomics research has played an important role in effectively using modern molecular biology methods for genetic improvement of species. With the development of sequencing technology, sequencing or resequencing of the genomes of important crops such as rice, wheat, corn, soybean, rape, cotton, vegetables, and other crops has been achieved. On this basis, the cloning and control of genes for important agronomic traits have completed.
Based on the sequencing method, the global agrigenomics market is classified into the PCR-based, whole genome, hybridization-based, restriction digest, and others. The PCR based segment is expected to be the highest revenue share for agrigenomics during the forecast period. The key factors are PCR based is labor-intensive to strengthen as it has to tag multiple targets to optimize sequencing coverage.
The hybridization-based will witness steady growth during the forecast period because it provides depth and uniformity of coverage required for genetic variant discovery studies and saves time and effort by focusing on specific regions of interest.
Based on the service offerings, the global agrigenomics market segregated into DNA extraction & purification, DNA/RNA sequencing, genotyping, gene expression profiling, marker-assisted selection, GMO/trait purity, and others. The marker-assisted selection held a higher market share in 2019 and expected to dominate the global agrigenomics market by 2027. It is due to the MAS useful for breeding, such as cultivar identity, assessment of genetic diversity and parent selection, and confirmation of hybrids.
The GMO/trait purity will grow at a momentous CAGR in the forecast period. It provides precise knowledge about the integrity and makeup of crops, which is especially vital for grain headed to the non-GMO marketplace.
Based on the application, the global agrigenomics market bifurcates into crops and livestock. The crop segment anticipated significant growth over the analysis timeframe due to growing government support for crop productivity through reduced-gluten grains, and there was strong research in crop development.
The livestock segment is poised to record the fastest growth during the forecast period owing to its help in genetic disease identification and parentage testing.
Based on geography, the global agrigenomics market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America dominated the agrigenomics market in 2019. Due to the significant technological advances, well-established health care infrastructure, and focus on research and development.
The Asia Pacific will capture a prominent share of the Agrigenomics market by 2027. Due to the government support for research and development in agrigenomics, decreasing prices of sequencing technologies, and significant technological innovations.
Companies such as Thermo Fisher Scientific, Inc., Biogenetic Services, Inc., GalSeq Srl Via Italia, AgriGenomics, Inc., Edico Genome, Agilent Technologies, Inc., Illumina, Inc., Affymetrix, Eurofins Scientific SE, SciGenom Labs Pvt. Ltd., Neogen Corporation, and LGC Limited are the key players in the global agrigenomics market.
By Sequencing Method
By Service Offerings