Comprehensive historical analysis of Global Market for Agrigenomics has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Agrigenomics market market.
The Global Agrigenomics Market Size is anticipated to reach USD 7.30 Billion by 2030, at a CAGR of 9.3% during the predicted period from 2021 to 2030.
The report includes growth prospects in the global Agrigenomics market market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Agriculture and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.
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Market Trends Driving Agrigenomics Growth
Several key factors are contributing to the growth of the agrigenomics market:
1. Increased Demand for High-Yield Crops
With the global population expected to reach 9.7 billion by 2050, the need for high-yield, resilient crops is more urgent than ever. Agrigenomics helps develop genetically modified crops that can withstand harsh climatic conditions and pests.
2. Adoption of Precision Farming
Farmers are increasingly utilizing precision agriculture techniques, which rely on genetic insights to optimize crop production and resource utilization. This has led to greater investments in agrigenomic research and applications.
3. Technological Advancements in DNA Sequencing
Advancements in next-generation sequencing (NGS) and CRISPR gene-editing technologies have made genomic analysis faster and more cost-effective. These technologies are playing a critical role in improving plant and animal genetics.
4. Government and Private Sector Investments
Many governments and private institutions are funding research initiatives in agrigenomics. Countries such as the U.S., China, and India are actively investing in genomic research to ensure food security and agricultural sustainability.
5. Growing Consumer Awareness and Demand for Non-GMO Products
While genetically modified organisms (GMOs) remain a topic of debate, agrigenomics is also used to enhance natural breeding techniques, creating high-quality, non-GMO crops that meet consumer demands.
Key Opportunities in the Agrigenomics Market
The expansion of agrigenomics presents numerous opportunities for stakeholders:
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Development of Climate-Resilient Crops – Genomic research can create crops that thrive in extreme weather conditions, helping farmers adapt to climate change.
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Livestock Genetic Improvement – Selective breeding and genetic modification can improve disease resistance, milk production, and meat quality in livestock.
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Personalized Agriculture – Tailored solutions based on regional soil and climate conditions can optimize farming practices.
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Enhanced Disease Detection and Prevention – Agrigenomics allows early detection of crop and livestock diseases, reducing losses and improving food safety.
Future Outlook: Where is Agrigenomics Headed?
The agrigenomics market is projected to grow significantly in the coming years, driven by continued advancements in genomics and increased adoption of precision agriculture. As research continues, we can expect breakthroughs in gene-editing, improved seed varieties, and AI-driven data analysis to further enhance agricultural productivity.
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In February 2021, Thermo Fisher Scientific Inc. purchased cell sorting technology from Propel Labs, a wholly owned subsidiary of SIDIS Corp. Thermo Fisher intends to expand its cell analysis and cell medical intervention research businesses by combining flow cytometry expertise, R&D capabilities, and engineering capability.
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Whats covered in the report?
1. Overview of the Agrigenomics market market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Agrigenomics market market, based on segement.
3. Agrigenomics market Market trends.
4. Agrigenomics market Market drivers.
5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Agrigenomics market market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Agrigenomics market Industry.
3. Leading company profiles reveal details of key Agrigenomics market market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Agrigenomics market market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Agrigenomics market market over the upcoming seven years
7. Accurate estimation of the Global Agrigenomics market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the Global Agrigenomics market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Agrigenomics market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Agrigenomics market market
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