Global Agrigenomics Market

Global Agrigenomics Market By Sequencing Method (PCR based, Whole genome, Hybridization-based, Restriction digest and Others), By Service Offerings (DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, Marker-Assisted Selection, GMO/Trait Purity and Others), By Application (Crops, and Livestock), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)-Global Forecast to 2027

Global Agrigenomics Market Overview:

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.

Global Agrigenomics Market Insights

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.

Growth Driver

Research in the field of agrigenomics in developing countries

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.

Increasing demand for DNA sequencing in crops and livestock

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.

Sequencing Method Segmental Analysis

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.

Service Offerings Segmental Analysis

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.

Application Segmental Analysis

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.

Region Segmental Analysis

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.

Competitor Analysis

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.

Key Stakeholders

  • Market research and consulting firms
  • Industry associations
  • Global agrigenomics manufacturing firm
  • Research organizations and consulting companies
  • Organizations, associations, and alliances related to agrigenomics
  • Regulatory bodies
  • Suppliers
  • Retailers

The objective of the Research

  • Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
  • Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
  • Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
  • Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
  • The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Sequencing Method

  • PCR based
  • Whole genome
  • Hybridization-based
  • Restriction digest
  • Others

By Service Offerings

  • DNA Extraction & Purification
  • DNA/RNA Sequencing
  • Genotyping
  • Gene Expression Profiling
  • Marker-Assisted Selection
  • GMO/Trait Purity
  • Others

By Application

  • Crops
  • Livestock

By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Global Agrigenomics Market

Report Content

  1. Research Strategic Development
    • Market Modelling
    • Product Analysis
    • Market Trend and Economic Factors Analysis
    • Market Segmental Analysis
    • Geographical Mapping
    • Country Wise Segregation
  2. Research Methodology
    • Identification of Target Market
    • Data Acquisition
    • Refining of Data/ Data Transformations
    • Data Validation through Primary Techniques
    • Exploratory Data Analysis
    • Graphical Techniques/Analysis
    • Quantitative Techniques/Analysis
    • Visual Result/Presentation
  3. Executive Summary
  4. Market Insights
    • Economic Factor Analysis
      • Drivers
      • Trends
      • Opportunities
      • Challenges
    • Technological Landscape
    • Competitors & Product Analysis
    • Regulatory Framework
    • Company market share analysis, 2019
    • Porter’s Five forces analysis
    • New Investment Analysis
    • PESTEL Analysis
  5. Global Agrigenomics Market Overview
    • Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Market Share & Forecast, 2016-2027
        • By Sequencing Method
          • PCR based
          • Whole genome
          • Hybridization-based
          • Restriction digest
          • Others
        • By Service Offerings
          • DNA Extraction & Purification
          • DNA/RNA Sequencing
          • Genotyping
          • Gene Expression Profiling
          • Marker-Assisted Selection
          • GMO/Trait Purity
          • Others
        • By Application
          • Crops
          • Livestock
        • By Region
          • North America
          • Europe
          • Asia Pacific
          • South America
          • Middle East & Africa
  1. North America Agrigenomics Market Overview
    • North America Agrigenomics Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • North America Agrigenomics Market Share & Forecast, 2016-2027
        • By Sequencing Method
          • PCR based
          • Whole genome
          • Hybridization-based
          • Restriction digest
          • Others
        • By Service Offerings
          • DNA Extraction & Purification
          • DNA/RNA Sequencing
          • Genotyping
          • Gene Expression Profiling
          • Marker-Assisted Selection
          • GMO/Trait Purity
          • Others
        • By Application
          • Crops
          • Livestock
        • By Country
          • US
          • Canada
          • Mexico
        • Company Market Share (Top 3-5)
        • Economic Impact Study on North America Agrigenomics Market
  1. Europe Agrigenomics Market Overview
    • Europe Agrigenomics Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Europe Agrigenomics Market Share & Forecast, 2016-2027
        • By Sequencing Method
          • PCR based
          • Whole genome
          • Hybridization-based
          • Restriction digest
          • Others
        • By Service Offerings
          • DNA Extraction & Purification
          • DNA/RNA Sequencing
          • Genotyping
          • Gene Expression Profiling
          • Marker-Assisted Selection
          • GMO/Trait Purity
          • Others
        • By Application
          • Crops
          • Livestock
        • By Country
          • Germany
          • UK
          • France
          • Italy
          • Rest of Europe
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Europe Agrigenomics Market
  1. Asia Pacific Agrigenomics Market Overview
    • Asia Pacific Agrigenomics Market Size & Forecast, 2016-2027
      • By Sequencing Method
        • PCR based
        • Whole genome
        • Hybridization-based
        • Restriction digest
        • Others
      • By Service Offerings
        • DNA Extraction & Purification
        • DNA/RNA Sequencing
        • Genotyping
        • Gene Expression Profiling
        • Marker-Assisted Selection
        • GMO/Trait Purity
        • Others
      • By Application
        • Crops
        • Livestock
      • By Country
        • China
        • India
        • Japan
        • Australia
        • Rest of Asia Pacific
      • Company Market Share (Top 3-5)
      • Economic Impact Study on Asia Pacific Agrigenomics Market
  1. South America Agrigenomics Market Overview
    • South America Agrigenomics Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • South America Agrigenomics Market Share & Forecast, 2016-2027
        • By Sequencing Method
          • PCR based
          • Whole genome
          • Hybridization-based
          • Restriction digest
          • Others
        • By Service Offerings
          • DNA Extraction & Purification
          • DNA/RNA Sequencing
          • Genotyping
          • Gene Expression Profiling
          • Marker-Assisted Selection
          • GMO/Trait Purity
          • Others
        • By Application
          • Crops
          • Livestock
        • By Country
          • Brazil
          • Argentina
          • Rest of South America
        • Company Market Share (Top 3-5)
        • Economic Impact Study on South America Agrigenomics Market
  1. Middle East & Africa Agrigenomics Market Overview
    • Middle East & Africa Agrigenomics Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Middle East & Africa Agrigenomics Market Share & Forecast, 2016-2027
        • By Sequencing Method
          • PCR based
          • Whole genome
          • Hybridization-based
          • Restriction digest
          • Others
        • By Service Offerings
          • DNA Extraction & Purification
          • DNA/RNA Sequencing
          • Genotyping
          • Gene Expression Profiling
          • Marker-Assisted Selection
          • GMO/Trait Purity
          • Others
        • By Application
          • Crops
          • Livestock
        • By Country
          • Saudi Arabia
          • UAE
          • South Africa
          • Rest of Middle East & Africa
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Middle East & Africa Agrigenomics Market
  1. Competitor Analysis
    • Company Description
    • Financial Analysis
    • Key Products
    • Key Management Personnel
    • Contact Address
    • SWOT Analysis
    • Company Profile
      • 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
      • LGC Limited
      • Other Prominent Players