Genetic Engineering Plant Genomics Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

How Are the key drivers contributing to the expansion of the genetic engineering plant genomics market?
Concerns over food security are expected to push the genetic engineering plant genomics market forward. Food security, the assurance that everyone has reliable access to nutritious food, is threatened by climate change, economic instability, and population growth. Genetic engineering in plant genomics helps improve crop resilience, enhancing food supply stability. For example, in October 2023, the USDA reported 87.2% of U.S. households maintained food security in 2022, down from 89.8% in 2021. The rising concerns about food security are expected to spur the growth of the genetic engineering plant genomics market.

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What growth opportunities are expected to drive the genetic engineering plant genomics market's CAGR through 2034?
The genetic engineering plant genomics market has grown significantly. It is expected to expand from $40.08 billion in 2024 to $46.41 billion in 2025, showing a CAGR of 15.8%. This growth is driven by government funding, technological advancements, rising demand for sustainable agriculture, a growing population, and increased public awareness and acceptance.

The genetic engineering plant genomics market is expected to reach $82.59 billion by 2029, growing at a CAGR of 15.5%. Growth drivers include regulatory clarity, market expansion, digital technology integration, and climate adaptation. Major trends involve CRISPR-Cas9 adoption, precision agriculture, demand for biofortified crops, and expanding gene editing applications beyond crops.

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What are the emerging trends shaping the future of the genetic engineering plant genomics market?
Companies in the genetic engineering plant genomics market are developing solutions like automated molecular breeding genotyping tools to improve crop breeding precision and efficiency. In June 2024, MGI Tech, a Chinese biotechnology firm, launched a whole workflow solution for agricultural low-pass whole genome sequencing. This platform enables large-scale molecular breeding and genotyping of agricultural species with high throughput and minimal tools.

Which growth-oriented segments of the genetic engineering plant genomics market are leading the industry's development?
The genetic engineering plant genomics market covered in this report is segmented -

1) By Type: Molecular Engineering, Genetic Engineering And Genome Editing, Other Types
2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance And Insect Resistance, Abiotic Stress Tolerance
3) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Sugar Crops, Ornamentals, Alfalfa

Subsegments:
1) By Molecular Engineering: Gene Synthesis And Cloning, Protein Engineering, Enzyme Engineering, Marker-Assisted Selection
2) By Genetic Engineering And Genome Editing: CRISPR/Cas9 Technology, TALENs (Transcription Activator-Like Effector Nucleases), ZFNs (Zinc Finger Nucleases), RNA Interference (RNAi), Agrobacterium-mediated Transformation
3) By Other Types: Synthetic Biology In Plant Genomics, Epigenetic Engineering, Horizontal Gene Transfer

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What regions are leading the charge in the genetic engineering plant genomics market?
Asia-Pacific was the largest region in the genetic engineering plant genomics market in 2023. The regions covered in the genetic engineering plant genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the genetic engineering plant genomics market?
Major companies operating in the genetic engineering plant genomics market are BASF SE, Bayer AG, Thermo Fisher Scientific Inc., Suntory Holdings Limited, Corteva Inc., DuPont de Nemours Inc, Eurofins Scientific SE, Agilent Technologies Inc, ADAMA Ltd, Illumina Inc, PerkinElmer Inc., Beckman Coulter Inc., Bio-Rad Laboratories, Zhejiang Xinan Chemical Industrial Group Co Ltd, UPL Limited, Qiagen N.V., Novogene Co Ltd, KWS SAAT SE & Co KGaA, Vilmorin & Cie, Neogen Corporation, Rubicon Genomics Inc, Verdesian Life Sciences LLC, GeneWiz Inc, Genotypic Technology Pvt Ltd, Syngenta AG, Keygene NV

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What Is Covered In The Genetic Engineering Plant Genomics Global Market Report?

•Market Size Forecast: Examine the genetic engineering plant genomics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the genetic engineering plant genomics market for a structured understanding.
•Key Players Overview: Analyze major players in the genetic engineering plant genomics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the genetic engineering plant genomics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the genetic engineering plant genomics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the genetic engineering plant genomics market.
•Industry Challenges: Identify potential risks and obstacles affecting the genetic engineering plant genomics market.
•Competitive Landscape: Review strategic developments in the genetic engineering plant genomics market, including expansions, agreements, and new product launches.

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