[198 Pages Report] The Agrigenomics Market size was estimated at USD 13.76 billion in 2023 and expected to reach USD 15.16 billion in 2024, at a CAGR 10.28% to reach USD 27.31 billion by 2030.
The FPNV Positioning Matrix is pivotal in evaluating the Agrigenomics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Agrigenomics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
The report delves into recent significant developments in the Agrigenomics Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies' Inc., AgriGenome Labs Pvt. Ltd., ArrayGen Technologies Pvt. Ltd., Biogenetic Services Inc., cropSeq bioinformatics, Daicel Arbor Biosciences by Chiral Technologies, Inc., Eurofins Scientific SE, Galseq Srl Via Italia, IGA Technology Services, LGS Limited., llumina Inc., Neogen Corporation, Paragon Genomics, Inc., PerkinElmer Inc., Tecan Trading AG, Thermo Fisher Scientific' Inc., and Zoetis' Inc..
This research report categorizes the Agrigenomics Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Sequencer Type
- Illumina Hi Seq Family
- PacBio Sequencers
- Sanger Sequencing
- Solid Sequencers
- Function
- Next-Generation Genotyping
- Targeted Sequencing
- Whole-Genome Sequencing
- Application
- Crop
- Livestock
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Agrigenomics Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Agrigenomics Market?
- What are the technology trends and regulatory frameworks in the Agrigenomics Market?
- What is the market share of the leading vendors in the Agrigenomics Market?
- Which modes and strategic moves are suitable for entering the Agrigenomics Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Agrigenomics Market, by Sequencer Type
- Agrigenomics Market, by Function
- Agrigenomics Market, by Application
- Americas Agrigenomics Market
- Asia-Pacific Agrigenomics Market
- Europe, Middle East & Africa Agrigenomics Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 22]
- List of Tables [Total: 286]
- List of Companies Mentioned [Total: 17]
What is agrigenomics?
Agrigenomics studies genetic information within crops and farm animals that optimize breeding and management practices to create greater efficiency, yield, and resilience. It involves the application of genomics, transcriptomics, proteomics, and metabolomics to agriculture to breed plants and animals with desired characteristics, remove unwanted ones, and identify and manage diseases.
Helping to ensure food security:
Genomic technologies provide major advancements to help farmers maintain a stable and sustainable food supply. With the help of agrigenomics, we can identify markers for desirable crop traits, such as higher yield, better quality and nutritional content, and increased disease resistance. For example, developing drought-resistant crops is a breakthrough in enhancing food security in regions facing water scarcity or erratic rainfall.
Sustainable Agriculture:
Agrigenomics helps farmers improve agricultural practices' sustainability and reduce farming's environmental impact. The ability to pinpoint harmful genes allows farmers to selectively breed crops that consume less fertilizer or provide natural pest resistance, reducing the need for herbicides and pesticides. With technologies such as CRISPR-Cas9 and genome-editing technology, we can modify crops to have desirable traits without affecting the surrounding ecosystem.
Animal Husbandry:
Agrigenomics also significantly impacts the breeding and management of livestock animals. Farmers and breeders can select animals with desirable traits such as increased milk production, disease resistance, and heat tolerance with genomic data. Also, it can identify organisms that have the potential to spread diseases, helping farmers maintain the health of their herds. In humans, genomic techniques allow for the responsible and sustainable use and management of the animal population, improving the quality of life for the animals we rely on for food and other products.
Challenges:
Although agrigenomics offers significant benefits to agriculture, several challenges must be addressed before it is applied on a larger scale. The technology is expensive and requires significant investment in research and development. Public concerns about the safety of genome editing, patenting of genetic information, and ethical accountability are also key challenges. In addition, genomic data can be vulnerable, so the privacy of farmers and herders must be safeguarded. Collaboration from scientists, farmers, policymakers, and consumers is critical to address these challenges and create solutions that work effectively for all stakeholders.
Agrigenomics has opened up new possibilities to address the planet's challenges of food waste, food insecurity, and environmental degradation. Farmers can improve productivity and sustainability to feed a growing global population with advances in genomic technology for crops and livestock. The technology comes with its challenges, but through collaboration and investment, agrigenomics has the potential to provide solutions for sustainable agriculture for generations to come.
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