Press release
Agrigenomics Market Drivers Include Rising Consumer Demand for Organic and High-Quality Food
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Agrigenomics Market- by Sequencer Types (Sanger Sequencing, Illumina hi Seq Family, Pacbio Sequencers, Solid Sequencers, and Other Sequencer Types), Objectives (DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, Marker-assisted Selection, GMO/Trait Purity Testing, and Other Objectives), Application (Crops and Livestock), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."According to the latest research by InsightAce Analytic, the global Agrigenomics market is valued at USD 5.1 Billion in 2024, and it is expected to reach USD 12.6 Billion by the year 2034, with a CAGR of 9.5% during a forecast period of 2025-2034.
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Agriculture has been a cornerstone of human civilization for millennia; however, shifting environmental conditions and a rapidly growing global population are driving the need for more efficient and sustainable agricultural practices. Agrigenomics, which explores the genetic composition of crops and livestock, examines how genetic factors influence productivity and resilience. The integration of genomic technologies into agricultural systems is fostering significant advancements in both crop and livestock yields, while also promoting sustainability. Technological progress has expanded the focus from single-gene analysis to comprehensive whole-genome sequencing, substantially increasing the scope and impact of agrigenomics applications.
Rising global demand for organic and bioengineered food products is a key driver of the agrigenomics market. Consumer preference for genetically optimized foods that offer enhanced nutritional profiles and accelerated growth in plants and animals supports continued market expansion. Furthermore, the availability of research grants and financial incentives for agrigenomics initiatives is stimulating industry development.
The adoption of bioengineered crops with traits such as improved nutritional content, extended shelf life, and climate resilience, alongside applications in pharmaceutical sectors-including vaccine and drug production-further bolsters market growth. The cultivation of hybrid crops, increased demand for premium-quality produce, and the overall expansion of the agricultural sector also contribute to the market's momentum. Agrigenomics plays a pivotal role in strengthening food security, nutritional quality, and food safety, presenting substantial opportunities for industry stakeholders.
Nevertheless, the market faces challenges, including limited infrastructure, insufficient interdisciplinary research integration, and public concerns regarding genome editing. Additionally, regulatory constraints on the use of advanced genetic technologies in agriculture are expected to pose obstacles to market growth over the forecast period.
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North America is expected to maintain its position as the leading contributor to the global agrigenomics market throughout the forecast period, supported by strong research and development initiatives, continuous technological innovation, and a growing number of mergers and acquisitions. At the national level, the United States commands the largest market share, benefiting from advancements in sequencing technologies and molecular breeding applied across sectors such as food and agriculture, animal health, and public health. The region's significant production of genetically modified (GM) crops-including corn, soybean, canola, and sugar beet-further reinforces its dominance in the market.
Concurrently, the Asia-Pacific agrigenomics market is projected to register substantial growth over the forecast period. This expansion is driven by increased governmental investment in research and development, rising demand for higher-yield and climate-resilient crops, and the growing need for improved livestock productivity, collectively accelerating market development across the region.
Major market players operating in the Agrigenomics market include
Eurofins Scientific (Luxembourg), LGC Limited (UK), Illumina, Inc. (US), Zoetis Inc. (US)., Agilent Technologies, Inc. (US), Thermo Fisher Scientific Inc. (US), and Other Prominent Players.
Recent collaborations and agreements in the market:
• In November 2020, The SCIEX TripleTOF 6600 LC-MS/MS System, a high-resolution mass spectrometer, was added by LGC to their regulated bioanalytical LC-MS service.
• In November 2019, Thermo Fisher's recently released platform was the first fully integrated next-generation sequencing technology with an automated sample-to-report workflow that produces findings in only one day.
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Market Segments
Global Agrigenomics Market, by Sequencer Type, 2022-2030 (Value US$ Mn)
• Sanger sequencing
• Illumina hi seq family
• Pacbio sequencers
• Solid sequencers
• Other sequencer types
Global Agrigenomics Market, by Application, 2022-2030 (Value US$ Mn)
• Crops
• Livestock
Global Agrigenomics Market, by Objective, 2022-2030 (Value US$ Mn)
• DNA extraction & purification
• DNA/RNA sequencing
• Genotyping
• Gene expression profiling
• Marker-assisted selection
• GMO/trait purity testing
• Other objectives
Global Agrigenomics Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Agrigenomics market
To receive an industry overview and future trends of the Agrigenomics market
To analyze the Agrigenomics market drivers and challenges
To get information on the Agrigenomics market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Agrigenomics market industry
Read Overview Report- https://www.insightaceanalytic.com/report/global-agrigenomics-market-/1230
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: https://www.insightaceanalytic.com/
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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