Agrigenomics Market Application, Power Rating, key players statistics and forecast 2029

 The application of genetics in agriculture to boost crop and livestock productivity and sustainability is known as agricultural genomics (Agrigenomics). Genomics has the ability to reduce the number of trials and failures in scientific research, thus enhancing agricultural production quality and quantity. Crop breeding is aided in the generation of hybrids with the best qualities by linking attributes to genes or gene signatures. The segment analysis in the Agrigenomics Market research is offered on the basis of sequencer type, objective application, and geography.

Agrigenomics Market Scope and Research Methodology:

The report's goal is to analyse and forecast the Agrigenomics market size. In order to correctly depict the competition scenario for the worldwide Agrigenomics industry, the market research provides strategic profiling of important market participants. It contains a thorough examination of new product launches, acquisitions,mergers and acquisitions, joint ventures, brands, and important players in the Agrigenomics business. The research contains information on industry trends and developments,market dynamics and their potential, assisting specialists in staying current on the most recent trends and sector performance, estimating growth and fall in Agrigenomics market share during the forecast period. Primary and secondary research approaches were used to have a thorough understanding of the Agrigenomics industry. The report's goal is to analyse and forecast the  Agrigenomics market size. In order to correctly depict the competition scenario for the worldwide Agrigenomics industry, the market research provides strategic profiling of important market participants. It contains a thorough examination of new product launches, acquisitions, mergers and acquisitions, joint ventures, brands, and important players in the  Agrigenomics business. The research contains information on industry trends and developments, market dynamics and their potential, assisting specialists in staying current on the most recent trends and sector performance, estimating growth and fall in Agrigenomics market share during the forecast period. Primary and secondary research approaches were used to have a thorough understanding of the  Agrigenomics industry.

Agrigenomics Market Report Overview: 

The research comprehensively covers insight analysis in light of the  Agrigenomics Market, as well as its ever-changing patterns, industry environment, and all leading market elements. The Agrigenomics Market study also includes a complete analysis of leading players.  

Agrigenomics Market size was valued at US$ 3.62 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 9.7% through 2023 to 2029, reaching nearly US$ 6.92 Bn.

Agrigenomics Market Dynamics:

The exponential rise of the global population, as well as the increasing demand for crops and livestock around the world, are major factors driving the Agrigenomics Market. As a result of the government's push to support research and boost agricultural output, the market is expanding. Furthermore, the increasing need for genetic databases by livestock breeders, as well as technological advances in sequencer technology, such as reduced sequencing times and high-throughput systems, are propelling the Agrigenomics Market ahead.

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Agrigenomics Market Segmentation: 

The agrigenomics market is divided into the following segments: DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, Marker-Assisted Selection, GMO/TRAIT Purity Testing, and Other Objectives. By 2027, the Marker-Assisted Selection aim category is estimated to have the biggest market share of xx%. Because it significantly improves breeding efficiency and efficacy as compared to conventional breeding. Marker-assisted selection is gaining popularity in North America due to strong research support and the presence of important technology suppliers. In contrast, DNA/RNA sequencing and genotyping will be required as normal prerequisites for agrigenomics testing services in 2020. This is because researchers may fine-tune fine-mapping at a low cost with high genotyping call accuracy.

Animal and plant genotyping has become a standard practise in modern agricultural research. Genotyping is a technique for discovering modest genetic anomalies that can lead to large phenotypic alterations, such as physical differences that differentiate individuals and pathological changes that underlying disease. It has numerous uses in fundamental research, medicine, and agriculture. To find changes in genetic makeup, genotyping compares a DNA sequence to that of another sample or a reference sequence. It detects single-nucleotide polymorphisms (SNPs), which are tiny variations in genetic sequence within populations. These are the reasons projected to boost the growth of the Marker-Assisted Selection segment in the Agrigenomics market between 2021 and 2027.

The agrigenomics market is divided into two categories: crops and livestock. Genotyping and next-generation sequencing (NGS) technologies are rapidly being utilised to examine a wide range of agricultural species to gain a better understanding of the genetic variation that influences phenotypic. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) technologies are speeding development due to their low cost and advanced capabilities such as multiplexing. Gene editing, in effect, democratises the development of genetically modified plants. Large established corporations such as Syngenta, Bayer, BASF, and Corteva use the technology, as do smaller start-ups such as Calyxt and Pairwise Plants.

Agrigenomics Market Key Players:

Thermo Fisher Scientific LLC
Affymytrix Technologies
Euro Fins Scientific
Agilent Technologies Inc.
LGC Limited UK
Zoetis Inc.
Illumina Inc.
Genotypic Co Ltd
Sci Genom Labs Private Limited
Neogen Corporation
GalSeq SRL VIA Italia
Biogenetic Services Inc.

Agrigenomics Market Regional Analysis:

The report is divided into several key countries, with market size, growth rate, import and export of  Agrigenomics  market in these countries, which cover North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.

Key Questions answered in the  Agrigenomics Market Report are: 

  • Which segment grabbed the largest share in the Agrigenomics market?
  • Which segment is expected to grow at a high rate during the forecast period?
  • How is the competitive scenario of the Agrigenomics market?
  • Which are the key factors driving the Agrigenomics market growth?
  • Which region holds the maximum share in the Agrigenomics market?
  • What will be the CAGR of the  Agrigenomics market during the forecast period?
  • Which are the prominent players in the Agrigenomics market?

For More Information About This Research Please Visit :https://www.stellarmr.com/report/req_sample/Agrigenomics-Market/396 

About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

Contact Stellar Market Research

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