Press release
Surging Demand For Genetically Modified Plants: Transformative Forces Shaping the Plant Genomics Market Landscape in 2025
Plant Genomics Market
What Will the Plant Genomics Industry Market Size Be by 2025?
In recent times, the plant genomics market has seen robust growth. Witnessing an increase from $10.99 billion in 2024 to approximately $11.94 billion in 2025, the compound annual growth rate (CAGR) stand at 8.7%. This upward trend in the historical timeframe is closely tied to the surge in financial support for genome study, optimization of crop yield, issues related to climate change, cooperative research ventures, and the consumers' inclination towards sustainable farming practices.
What's the Long-Term Growth Forecast for the Plant Genomics Market Size Through 2029?
In the forthcoming years, the plant genomics market is predicted to witness remarkable growth, reaching a value of $17.36 billion in 2029 with a compound annual growth rate (CAGR) of 9.8%. This projected growth during the period of forecast can be linked to the application of big data analytics in genomics, the adoption of precision farming, improvements in crop nutrition, concerns over global food security, and studies on gene expression. Significant trends for this forecast period encompass CRISPR and genome editing technologies, evolutions in sequencing technologies, the utilization of big data and bioinformatics, advancements in CRISPR and genome editing, and the merger of omics technologies.
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What Are the Key Growth Drivers Fueling the Plant Genomics Market Expansion?
The plant genomics market is expected to flourish owing to a rise in demand for genetically modified plants. These are biological plants that have been altered using recombinant deoxyribonucleic acid (DNA) technology. Advancements in plant genomics can enable the adaptation of growth patterns in plants and make them resilient to diseases. A genetically modified plant develops new or varying characteristics when a certain sequence of DNA is introduced to its genome. As AgbioInvestor-GM, a biological market analysis firm based in Scotland, reported in February 2024, there was a 1.9% increase in the global area of GM crops in 2023 from the previous year, reaching a new high of 206.3 million hectares. Therefore, the upsurge in demand for genetically modified plants is the catalyst for the growth observed in the plant genomics market.
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What Are the Key Trends Driving Plant Genomics Market Growth?
Advanced genomics technology platforms are being developed in the plant genomics market to improve crop outcomes. In February 2023, Singapore-based Singrow Pte Ltd introduced the first climate-resilient strawberry variety, using genomics tools like CRISPR and NGS to support sustainable, high-yield farming in tropical climates.
How Is the Plant Genomics Market Segmented?
The plant genomics market covered in this report is segmented -
1) By Type: Molecular Engineering, Genetic Engineering, Genome Editing
2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance
3) By Technology: DNA And RNA Sequencing, Genotyping, Marker-Assisted Selection (MAS), Bioinformatics
4) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables
Subsegments:
1) By Molecular Engineering: Marker-Assisted Selection (MAS), Quantitative Trait Loci (QTL) Mapping, Gene Sequencing, Genotyping
2) By Genetic Engineering: Gene Cloning, Transformation Techniques, RNA Interference (RNAi), Transgenic Crop Development
3) By Genome Editing: CRISPR-Cas9, TALEN (Transcription Activator-Like Effector Nucleases), Zinc Finger Nucleases (ZFNs), Prime Editing
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Which Companies Are Leading the Charge in Plant Genomics Market Innovation?
Major companies operating in the plant genomics market include Agilent Technologies Inc., Illumina Inc., Eurofins Scientific SE, NRGene Ltd., Keygene N.V., Neogen Corporation, QIAGEN N.V, LC Sciences, TraitGenetics GmbH, Novogene Corporation, Oxford Nanopore Technologies Limited, Genewiz Inc., BGI Group, Genotypic Technology Pvt. Ltd., Floragenex Inc., Biome Makers Spain Inc., AgBiome, GATC Biotech AG, Bionano Genomics, Verinata Health Inc., National Institute of Plant Genome Research, Chinese Academy of Agricultural Sciences, Japan International Research Center for Agricultural Sciences, Korea Institute of Plant Biotechnology, Institute of Plant Sciences Paris-Saclay, Wageningen University & Research, Ghent University
Which Regions Are Leading the Global Plant Genomics Market in Revenue?
Asia-Pacific was the largest region in the plant genomics market in 2024. The regions covered in the plant genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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