Press release
Agrigenomics Market 2020: Global Industry Manufacturers, Outlook, Share, Growth and Forecast 2026
Global Agrigenomics IndustryNew Study Reports “Agrigenomics Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Market Overview
Agriculture genomics is an application of genomics in agriculture to improve the productivity and sustainability in crop production. Genomics can reduce the trails associated with scientific research, which could in turn improve the quality and quantity in crop yield. Various agrigenomics processes adopted by the researchers and academia includes plant genotyping, genetic engineering, gene expression analysis, GMO testing and detection, and genome sequencing. Food Security is major threat and traditional methods of plant and animal production will not meet the demand from world’s population. Growing adoption of genomic driven breeding and through analysis through next generation sequencing technologies is revolutionizing the agriculture industry. The additional benefits associated with agrigenomics includes reduced breeding cycles, greater selection intensity, improved accuracy=y and increased rate of genetic gain in plants.
Market Dynamics:
Change in environmental & soil condition over the last few years has imposed unique challenges over agriculture industry. To address the global demand for food, agricultural researchers, farmers, breeders are adopting genomics or DNA science to optimize production. Genomics, bioinformatics and genome editing are the key technologies used by the research organizations. These research organizations are majorly focused on producing sustainable crop/seed technology suitable for future generations. Soil scientists are utilizing next generation sequencing for the development of complete characterization of soil microbial communities to allow better prediction of soil health. The seed lines produced through usage of gene modification possess unique ability to increase farm productivity through minimum input. The additional properties associated with these modified crops includes drought tolerance, and disease resistance. Furthermore, growing commercial production of agricultural crops and establishments of commercial farms is expected to increase the adoption rate of agrigenomics during the forecast period.
However, stringent government regulation imposed over the production of genetically modified crops are hindering the growth of global Agrigenomics market.
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Segment Analysis
Global agrigenomics market is segmented on the basis of process into microarray analysis, sequencing, genotyping, bioinformatics and others.
Next generation sequencing techniques has been growing at a stagnant pace owing to growing demand for sequencer possessing ability to sequence large number of samples at a lower cost. The next-generation sequencer is being used a tool for assembly of crop reference genomes, Transcriptome sequencing for the study of gene expression and whole genome molecular maker development. Typical plant breeding programs based on phenotyping and growing awareness among the communities regarding genetic background of agrotraits led to increased demand towards genotype-based selection. Agricultural researchers are increasingly adopting next-generation sequencing technology as an essential research and development tool in plant and animal genomics. Currently Illumina, Thermo Fisher Scientific, Pacific Biosciences, BGI and many other companies are currently providing Next-generation sequencing for agricultural practices.
Geographical Presentation
By region, the global agrigenomics market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east and America.
North America dominate the global agrigenomics market owing high presence of agricultural industries and growing investment by the key manufacturers in agrigenomics. However, Asia-Pacific is expected to grow at a higher pace owing to high presence of research and development institutes and growing initiates by major crop companies for the development of genetically modified crops. Increase in funding from the government organization for plant genome research in agricultural organizations and research institutes is further expected to boost the market during the forecast period. China public funding for agricultural research reached more than USD 10 billion supporting more than 1100 agricultural research institutes.
Competitive Analysis
This market is predicted to foresee technological advancements in sequencing and gene mutations owing to ongoing research activities and it is expected to boost growth of agrogenomics during the forecast period. Some of the key players in the global agrigenomics market includes LC Sciences, LLC., AgriGenome Labs Pvt. Ltd, and ArrayGen Technologies Pvt. Ltd.
Agrigenomics market is witnessing significant investments form venture capitalists into startups. For instance, in March 2019, Spero ventures invested USD 3 million in Gencove, one of the leading player in low-pass genome sequencing platform for the development of new applications for agricultural markets. In January 2015, Affimetrix launched Axiom Porcine Genotyping Assay with more than 600,000 markers in plant and Genome Conference as part of agrigenomics portfolio expansion.
Why Purchase the Report?
• Visualize the composition of the global agrigenomics market in terms of various processes and end users highlighting the key commercial assets and players.
• Identify commercial opportunities in global agrigenomics market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of global agrigenomics market - level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players
Target Audience
• Industry Investors/Investment Bankers
• Emerging Companies
• Research Laboratories
• Manufacturers
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Some points from table of content:
1. Global Agrigenomics Market Methodology and Scope
2. Global Agrigenomics Market – Market Definition and Overview
4. Global Agrigenomics Market Dynamics
5. Global Agrigenomics Market – Industry Analysis
6. Global Agrigenomics Market – By Process
7. Global Agrigenomics Market – By End Users
8. Global Agrigenomics Market - By Region
9. Global Agrigenomics Market Competitive Landscape
10. Global Agrigenomics Market Company Profiles
10.1. Thermo Fisher Scientific Inc.*
10.1.1. Company Overview
10.1.2. Product Portfolio and Description
10.1.3. Key Highlights
10.1.4. Financial Overview
10.2. LC Sciences, LLC.
10.3. AgriGenome Labs Pvt. Ltd
10.4. ArrayGen Technologies Pvt. Ltd.
10.5. IntegraGen SA
10.6. LGC Biosearch Technologies
10.7. Eurofins USA
10.8. Codon Genomics
10.9. Biogentic Services Inc.
10.10. Eurofins Genomics
11. Global Agrigenomics Market – Premium Insights
12. Global Agrigenomics Market – DataM
12.1. Appendix
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Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.
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Top Companies Covered in this Report:
1. Agilent Technologies Inc.
2. Agrigenomics' Inc.
3. Biogenetic Services' Inc.
4. Eurofins Scientific Se
5. Galseq Srl Via Italia
6. Illumina, Inc.
7. LGS Limited
8. Neogen Corporation
9. Thermo Fisher Scientific Inc.
10. Zoetis'…