Agri geonomics Market is predicted to reach at USD 22,700 Million by 2028 at a CAGR of 7.5% during the forecast period

Introduction of the Agri geonomics Market Report

Agri geonomics is the application in agriculture to improve productivity and sustainability in crop and livestock production. It reduces the failure involved in scientific research and improves the quality and quantity of crops in agriculture. It also helps to improve crop breeding to generate hybrids with the most desirable qualities. Agri geonomics offer the potential to speed up the process of developing crops with good agronomic traits.

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Market Dynamic 

Key Drivers and Emerging Trends

The Agri geonomics market is majorly influenced by the exponential increase in population, rise in demand for crop and livestock, government initiatives to support research and enhance crop productivity, and surge in demand for genomic databases by livestock breeders. Technological advances in sequencer systems, such as the development of high-throughput systems and increasing automation, contribute to the market’s growth. The decline in cost of sequencing and increasing adoption of sequencing owing to the accuracy of results augments the market.

Additionally, New Breeding Techniques (NBT) allows the development of new plant varieties with desired traits. It involves genome editing to modify DNA at specific locations within the plant’s genes so that new traits and properties can be produced in crop plants. According to the European Commission, the following plant-breeding techniques can currently be considered as the main NBTs such as, Agro-infiltration, Grafting and others.

Restraint in the Agri geonomics Market

However, the adoption of automated systems in the research sector is comparatively low due to budgetary constraints. Despite being aware of the benefits of automated systems, researchers still prefer to use manual methods. The penetration of high-cost automated systems is restricting market growth.

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Application – Segment Analysis

Based on Application, the crops segment is expected to witness higher growth in the coming years. Advancement in genomics offer the potential to speed up developing crops with higher production, drought or heat tolerance, and fewer pesticides usage. Genome-editing tools has contributed to revolutionizing the understanding of subtle desired genes responsible for improvised agricultural traits. The development of genetically improved crops will contribute to food production and nutritional security, thereby rapidly expanding the demand for food globally.

Sequencer Type – Segment Analysis

Based on Sequencer Type, the sanger sequencing segment is expected to witness higher growth in the coming years due to limited machine costs. The sanger method is a next-generation sequencers which binds a denatured DNA molecule. Sanger sequencing is widely used for research purposes like targeting smaller genomic regions in a more significant number of samples. Sequencing of variable regions and validating results from next-generation sequencing (NGS). It initiates the synthesis of nucleotide sequence of DNA.

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Regional – Segment Analysis

Based on region, the North America region is expected to grow as the largest market for Agri geonomics globally during the forecast period. The adoption of Agri geonomics is majorly attributed to overcoming the usage of pesticides. Strong R&D, innovation of new technologies, and the increasing merger and acquisition activities are the major factors fueling the market growth. North America is attributed to the several key technology providers, streamed line policy and regulatory framework, and practical research processes. For example, Agri geonomics is the application in agriculture to improve productivity and sustainability in crop, livestock production and public health.

Top Market Players 

Several leading companies in the market include Eurofins Scientific SE, Thermo Fisher Scientific Inc., IIIumina Inc., Zoetis Inc., Tecan Genomics, Inc., BGI Genomics, Biogenetic Services, Inc., LGC Limited, Agilent Technologies, Neogen Corporation, among others.

Key Developments:

• • In 2020, LGC announced the extension of its regulated bioanalytical LC-MS service through the implementation of a high-resolution mass spectrometer, With enhanced levels of selectivity and mass accuracy.
  • In 2021, Thermo Fisher Scientific Inc. acquired cell sorting technology from Propel Labs. With this, Thermo Fisher aims toward bringing flow cytometry expertise, R&D capabilities, and engineering strength for elevating its cell analysis and cell therapy research businesses.
    Segments covered in the Report
    The Agri geonomics Market has been segmented based on Application, Sequencer Type, and region. Based on Application, the market is segmented into Crops and Livestock. Based on Sequencer Type, market is segmented into Sanger Sequencing, IIIumina HiSeq Family, PacBio Sequencer, SOLiD Sequencer.

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Key questions answered in this research report:

• • At what pace is global Agri geonomics market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Agri geonomics Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Agri geonomics market?
  • Which application generated maximum revenues in 2020 and identify the most promising application during the forecast period?
  • What are the various Sequencer types of global Agri geonomics Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2028)	USD 22,700 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Application, By Sequencer Type, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Eurofins Scientific SE, Thermo Fisher Scientific Inc., IIIumina Inc., Zoetis Inc., Tecan Genomics, Inc., BGI Genomics, Biogenetic Services, Inc., LGC Limited, Agilent Technologies, Neogen Corporation, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Agri geonomics Market by Application

• • Crops
  • Livestock

Global Agri geonomics Market by Sequencer Type

• • Sanger Sequencing
  • IIIumina HiSeq Family
  • PacBio Sequencer
  • SOLiD

Global Agri geonomics Market by Region

• • North America Agri geonomics Market (Option 1: As a part of the free 25% customization)
    • North America Agri geonomics Market by Application
    • North America Agri geonomics Market by Sequencer Type
    • US Agri geonomics Market All-Up
    • Canada Agri geonomics Market All-Up
  • Europe Agri geonomics Market (Option 2: As a part of the free 25% customization)
    • Europe Agri geonomics Market by Application
    • Europe Agri geonomics Market by Sequencer Type
    • UK Agri geonomics Market All-Up
    • Germany Agri geonomics Market All-Up
    • France Agri geonomics Market All-Up
    • Spain Agri geonomics Market All-Up
    • Rest of Europe Agri geonomics Market All-Up
  • Asia-Pacific Agri geonomics Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Agri geonomics Market by Application
    • Asia-Pacific Agri geonomics Market by Sequencer Type
    • China Agri geonomics Market All-Up
    • India Agri geonomics Market All-Up
    • Japan Agri geonomics Market All-Up
    • Rest of APAC Agri geonomics Market All-Up
  • RoW Agri geonomics Market (Option 4: As a part of the free 25% customization)
    • RoW Agri geonomics Market by Application
    • RoW Agri geonomics Market by Sequencer Type
    • Brazil Agri geonomics Market All-Up
    • South Africa Agri geonomics Market All-Up
    • Saudi Arabia Agri geonomics Market All-Up
    • UAE Agri geonomics Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Agri geonomics Market All-Up

Major Players Operating in the Agri geonomics market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Eurofins Scientific SE
  • Thermo Fisher Scientific Inc.
  • IIIumina Inc.
  • Zoetis Inc.
  • Tecan Genomics Inc.
  • BGI Genomics
  • Biogenetic Services, Inc.
  • LGC Limited
  • Agilent Technologies
  • Neogen Corporation