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Global Genetic Engineering Plant Genomics Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Genetic Engineering Plant Genomics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Genetic Engineering Plant Genomics Market Size Expected to Be by 2034?
The genetic engineering plant genomics market has experienced rapid growth in recent years. It is expected to rise from $40.08 billion in 2024 to $46.41 billion in 2025, with a compound annual growth rate (CAGR) of 15.8%. This growth is driven by government funding, technological advancements, the growing demand for sustainable agriculture, an increasing population, and rising public awareness and acceptance.
The genetic engineering plant genomics market is expected to grow rapidly, reaching $82.59 billion by 2029 at a CAGR of 15.5%. Growth is driven by regulatory clarity, market expansion, customization, digital integration, and climate change adaptation. Key trends include the increased use of CRISPR-Cas9 technology, precision agriculture practices, biofortified crops, and expanding gene editing applications beyond crops.
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What Are the Emerging Segments Within the Genetic Engineering Plant Genomics Market?
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 Long-Term Drivers Are Shaping Genetic Engineering Plant Genomics Market Trends?
Rising food security concerns are expected to stimulate growth in the genetic engineering plant genomics market. Food security ensures all individuals have consistent access to sufficient, nutritious food. Growing concerns are driven by climate change, population growth, and economic disruptions, which jeopardize global food availability. Genetic engineering in plant genomics helps combat these issues by creating crops with improved resistance to pests, diseases, and environmental stress, thereby boosting agricultural yields. For instance, in October 2023, the US Department of Agriculture (USDA) reported that 87.2% (115.8 million) of US households had food security, a drop from 89.8% (118.5 million) in 2021. Additionally, 7.7% (10.2 million) experienced low food security in 2022. Thus, growing concerns about food security are driving the genetic engineering plant genomics market.
Who Are the Top Competitors in Key Genetic Engineering Plant Genomics Market Segments?
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
What Trends Are Expected to Dominate the Genetic Engineering Plant Genomics Market in the Next 5 Years?
Leading companies in the plant genomics market that specialize in genetic engineering are prioritizing tech advancements such as automated molecular breeding genotyping solutions, in order to increase the accuracy and efficiency of crop breeding procedures. This type of platform, which uses innovative computer technologies and software, allows for effective and precise processing of a large number of plant samples to facilitate genetic analysis in breeding programs. For example, MGI Tech, a biotechnology company from China, in June 2024, introduced a comprehensive workflow solution for massive agricultural whole genome sequencing. This cutting-edge solution comprises a completely automated product range that's created for massive agricultural molecular breeding and genotyping of diploid species. Thanks to MGI's automation platforms, the whole genome sequencing solution overcomes the usual limitations of library preparation, offering ultra-high throughput with a minimum set of tools. Furthermore, it facilitates quick, financially viable extensive library preparation and supports high throughput with the DNBSEQ-T7 sequencer and medium throughput with the DNBSEQ-G400 Benchtop sequencer - a perfect fit for research in agricultural genomics.
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Which Regions Are Becoming Hubs for Genetic Engineering Plant Genomics Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Genetic Engineering Plant Genomics Market?
2. What is the CAGR expected in the Genetic Engineering Plant Genomics Market?
3. What Are the Key Innovations Transforming the Genetic Engineering Plant Genomics Industry?
4. Which Region Is Leading the Genetic Engineering Plant Genomics Market?
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