Global Agriculture Genomics Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
The global agriculture genomics market is expected to grow at a significant CAGR during the forecast period (2021-2027). The use of genomics solutions for crops can lead to the production of specialized crop types that are disease resistant, drought tolerant, nutritionally enriching, and of high quality. By removing features that impede extensive production, gene editing can give a long-term solution for the bulk production of desired crops. In cattle production, genomics can lead to a better understanding of genetic risk in animals, allowing for the adaptation of future profitability measures. Livestock producers can use animal genomics to make a strategic animal selection and breeding decisions to increase profitability and productivity in their herds.
Rapid breakthroughs in the functional genomics sector, such
as the adoption of massively parallel sequencing technology and the creation of
methods to efficiently study cellular behaviour at the molecular level, are
driving the global agriculture genomics market. In terms of applied genomics in
agriculture, molecular marker-assisted crop breeding has outperformed
traditional breeding programmes in terms of crop selection scope, speed, and
efficiency. Advanced genome characterisation tools have revealed that crops can
have higher quality and yield while using fewer fertilisers, herbicides, and
water. Novel technologies have been shown to improve desirable qualities in
livestock, such as milk supply, meat quality, and reproductive life.
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The market growth is dependent on expanding the application range beyond
food and nutrition security. Genome analysis tools and techniques can also
support food safety issues such as spoilage and contamination, adulteration,
and economic fraud, as well as traceability across the full supply chain from
farm to fork. By providing unparalleled access to genomic information, New
Breeding Techniques (NBT) based on applied genetics have transformed breeding
techniques for crops and livestock. Genomics has also provided information on the
biological status of critical resources such as fisheries, crops, and cattle
health.
In the agriculture genomics market, the crops segment is anticipated to
hold a lucrative share. Genotyping and next-generation sequencing (NGS)
technologies have been increasingly used to research a number of agricultural
species and obtain a better knowledge of the genetic variation that influences
phenotypes. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats)
techniques are speeding up development since they are cost-effective and offer
advanced features like multiplexing. Gene editing is, in reality, democratising
the development of genetically modified plants. The technology is being used by
large, established firms such as Syngenta, Bayer, BASF, and Corteva, as well as
minor start-ups like Calyxt and Pairwise Plants.
Market Coverage
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The market number available for – 2020-2027
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Base year- 2020
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Forecast period- 2021-2027
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Segment Covered
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Regions Covered- Globally
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Competitive Landscape: Thermo Fisher Scientific, Inc., Agilent
Technologies, Inc., Illumina, Inc., and Eurofins Scientific SE, among
others.
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Global Agriculture Genomics Market Report Segmentation
By Application
• Crops
• Livestock
Global Agriculture Genomics Market by Region
North America
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United States
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Canada
Europe
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UK
·
Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
·
India
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China
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Japan
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South Korea
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Rest of APAC
Rest of the World
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