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According to our LPI (LP Information) latest study, the global Agrigenomics market size was valued at US$ 4743.7 million in 2023. With growing demand in downstream market, the Agrigenomics is forecast to a readjusted size of US$ 7439.4 million by 2030 with a CAGR of 6.6% during review period.
The research report highlights the growth potential of the global Agrigenomics market. Agrigenomics are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Agrigenomics. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Agrigenomics market.
Agrigenomics is product and scientific services in genomics field for agriculture and livestock. Include DNA extraction and purification, DNA/RNA sequencing, Genotyping, Gene expression profiling, Marker-assisted selection, GMO/Trait purity and other technology.
Thermo Fisher Scientific, Illumina, Agilent Technologies, Eurofins and Zoetis are the leaders of the Agrigenomics industry, which take about 40% market share. North America is the major region of the global market, which takes about 50% market share.
Key Features:
The report on Agrigenomics market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Agrigenomics market. It may include historical data, market Segmentation by Type (e.g., Illumina HiSeq, Sanger Sequencer), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Agrigenomics market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Agrigenomics market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Agrigenomics industry. This include advancements in Agrigenomics technology, Agrigenomics new entrants, Agrigenomics new investment, and other innovations that are shaping the future of Agrigenomics.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Agrigenomics market. It includes factors influencing customer ' purchasing decisions, preferences for Agrigenomics product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Agrigenomics market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Agrigenomics market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Agrigenomics market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Agrigenomics industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Agrigenomics market.
Market Segmentation:
Agrigenomics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
- Illumina HiSeq
- Sanger Sequencer
- PacBio Sequencer
- SOLiD Sequencer
- Others
Segmentation by application
- Crops
- Livestock
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Thermo Fisher Scientific
- Illumina
- Agilent Technologies
- Eurofins
- Zoetis
- LGC Limited
- BGI
- Neogen Corporation
- Pacific Biosciences
- CEN4GEN Institute
- NuGEN Technologies
- Edico Genome
- UD-GenoMed Limited
- SciGenom