Agriculture Genomics Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
Agriculture genomics market is expected to grow at a significant CAGR during the forecast period. 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.
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.
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Genomics Market: https://www.omrglobal.com/request-sample/agriculture-genomics-market
Market Coverage
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The market number available for – 2021-2029
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Base year- 2021
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Forecast period- 2023-2029
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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.
Agriculture Genomics Market Report Segmentation
By Application
• Crops
• Livestock
A
full Report of Agriculture Genomics Market is Available at: https://www.omrglobal.com/industry-reports/agriculture-genomics-market
Agriculture Genomics Market by Region
North America
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United States
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Canada
Europe
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UK
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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
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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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