Agrigenomics Market: By Sequencing Method (PCR based, Hybridization-based, Whole genome-based, Restriction digest, Others) By Services (DNA fingerprinting, Genotyping, Gene expression profiling, Trait purity analysis, Genetic purity assessment, Others) and Geography  

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Agrigenomics Market size was valued at USD 3,742.9 million in 2022 and is anticipated to grow at a CAGR of 9.6% over 2023-2029. Agrigenomics, also known as agricultural genomics, involves the application of advanced genomic technologies to study the genetic makeup of plants, animals, and microorganisms used in agriculture. Agrigenomics encompasses a range of activities, including genome sequencing, genotyping, gene expression analysis, and bioinformatics. By decoding the genetic makeup of agricultural organisms, scientists can identify specific genes associated with desirable traits like higher yield, improved nutritional content, resistance to pests and diseases, and tolerance to environmental stresses. The growing global population, coupled with the imperative for sustainable agriculture, serves as a powerful driver propelling the growth of the agrigenomics market. As the world's population expands, the demand for food increases, placing immense pressure on agricultural systems to produce more with limited resources. Agrigenomics offers a transformative solution by enabling the development of crops and livestock with enhanced traits such as higher yields, disease resistance, and resource efficiency. This aligns perfectly with the urgent need for sustainable agricultural practices that minimize environmental impact and reduce reliance on chemical interventions.

Moreover, advancements in genomic technologies play a pivotal role in driving the revenues of the agrigenomics market by significantly enhancing the capabilities and efficiency of genetic analysis. The continuous progress in DNA sequencing techniques, genotyping technologies, and bioinformatics tools has led to faster, more accurate, and cost-effective analysis of the genetic makeup of agricultural organisms that allowed researchers and scientists to decipher the complex genetic codes of crops, livestock, and microorganisms with unprecedented precision and depth. However, while there have been advancements in genomic technologies, the cost of technologies like DNA sequencing and genotyping can still pose a challenge, particularly for smaller agricultural enterprises or research institutions with limited budgets. This cost factor is identified as a barrier that has the potential to impede the growth of the market. Meanwhile, increasing consumer awareness about the use of genomic technology in the agriculture sector further offers significant opportunities for the growth of the agrigenomics market. Several key market players are launching innovative solutions that further contribute to the market expansion.   For instance, in February 2023, Singrow launched world’s first climate-resilient strawberry variety.

Agrigenomics Market Key Developments:
  • In April 2022, LGC acquired Rapid Genomics to bolster its position in the application of NGS for the high-throughput genotyping market in the agrigenomics market.
  • In July 2022, Agri-Genomics start-up Piatrika Biosystems raised $1.2 million in seed funding, led by Ankur Capital, to develop a platform for discovering new sustainable crop varieties.

Agrigenomics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.6%

Largest Market

North America

Fastest Growing Market

North America
Agrigenomics Market Dynamics

Technological advancements in the agrigenomics such as post-sequencing analysis techniques, government initiations for improving the crop yield, increase in R&D activities for the innovation of newer tests, and rise in funding from private and public sectors are expected to fuel the growth of agrigenomics market over the forecast period. However, stringent regulations for genetic test approvals, lack of professional researchers, and high cost of testing might hamper the growth of the market. Furthermore, trends in the market include advancements such as automation in genomic studies.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Agrigenomics Market Segmentation

By Sequencing Method
  • PCR based
  • Hybridization-based
  • Whole genome-based
  • Restriction digest
  • Others
By Services
  • DNA fingerprinting
  • Genotyping
  • Gene expression profiling
  • Trait purity analysis
  • Genetic purity assessment
  • Others
By Application
  • Crops
  • Livestock
  • Others
By Geography
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

The agrigenomics market size was valued at USD 3,742.9 million in 2022

Increasing global population and rising government initiatives for genomic technologies are some of the key opportunities for companies to enhance their revenue over the forecast years.

Technological advances in genomic technology are one of the major trends in the agrigenomics market.

  1. Executive Summary
  2. Global Agrigenomics Market Introduction
    • Global Agrigenomics Market Taxonomy
    • Global Agrigenomics Market Definitions
      • Sequencing Method
      • Services
      • Application
  3. Global Agrigenomics Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Agrigenomics Market Dynamic Factors - Impact Analysis
    • Global Agrigenomics Market Competition Landscape
    • Epidemiology
  4. Global Agrigenomics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Agrigenomics Market, By Sequencing Method, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • PCR based
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hybridization-based
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Whole genome-based
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Restriction digest
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Agrigenomics Market Forecast, By Services, 2018 - 2022 and Forecast, 2023 - 2029
    • DNA fingerprinting
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Genotyping
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Gene expression profiling
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Trait purity analysis
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Genetic purity assessment
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Agrigenomics Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Crops
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Livestock
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Agrigenomics Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Agrigenomics Market - Opportunity Analysis Index, By Sequencing Method, By Services, By Application and Region, 2023 - 2029
  2. North America Agrigenomics Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Sequencing Method Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • PCR based
      • Hybridization-based
      • Whole genome-based
      • Restriction digest
      • Others
    • Services Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • DNA fingerprinting
      • Genotyping
      • Gene expression profiling
      • Trait purity analysis
      • Genetic purity assessment
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Crops
      • Livestock
      • Others
    • Country Analysis 2016 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Agrigenomics Market - Opportunity Analysis Index, By Sequencing Method, By Services, By Application and Country, 2023 - 2029
    • North America Agrigenomics Market Dynamics Trends
  3. Europe Agrigenomics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Sequencing Method Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • PCR based
      • Hybridization-based
      • Whole genome-based
      • Restriction digest
      • Others
    • Services Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • DNA fingerprinting
      • Genotyping
      • Gene expression profiling
      • Trait purity analysis
      • Genetic purity assessment
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Crops
      • Livestock
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Agrigenomics Market - Opportunity Analysis Index, By Sequencing Method, By Services, By Application and Country, 2023 - 2029
    • Europe Agrigenomics Market Dynamics Trends
  4. Asia-Pacific Agrigenomics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Sequencing Method Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • PCR based
      • Hybridization-based
      • Whole genome-based
      • Restriction digest
      • Others
    • Services Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • DNA fingerprinting
      • Genotyping
      • Gene expression profiling
      • Trait purity analysis
      • Genetic purity assessment
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Crops
      • Livestock
      • Others
    • Country Analysis2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Agrigenomics Market - Opportunity Analysis Index, By Sequencing Method, By Services, By Application and Country, 2023 - 2029
    • Asia-Pacific Agrigenomics Market Dynamics Trends
  5. Latin America Agrigenomics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Sequencing Method Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • PCR based
      • Hybridization-based
      • Whole genome-based
      • Restriction digest
      • Others
    • Services Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • DNA fingerprinting
      • Genotyping
      • Gene expression profiling
      • Trait purity analysis
      • Genetic purity assessment
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Crops
      • Livestock
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Agrigenomics Market - Opportunity Analysis Index, By Sequencing Method, By Services, By Application and Country, 2023 - 2029
    • Latin America Agrigenomics Market Dynamics Trends
  6. Middle East and Africa Agrigenomics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Sequencing Method Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • PCR based
      • Hybridization-based
      • Whole genome-based
      • Restriction digest
      • Others
    • Services Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • DNA fingerprinting
      • Genotyping
      • Gene expression profiling
      • Trait purity analysis
      • Genetic purity assessment
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Crops
      • Livestock
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Agrigenomics Market - Opportunity Analysis Index, By Sequencing Method, By Services, By Application and Country, 2023 - 2029
    • MEA Agrigenomics Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Sequencing Method& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Eurofins Scientific SE (Luxembourg)
      • LGC Limited (U.K.)
      • Affimetrix, Inc. (Thermo Fisher Scientific) (U.S.)
      • Illumina, Inc. (U.S.)
      • Zoetis Services LLC. (U.S.)
      • Biogenetic Services’ Inc. (U.S.)
      • Agrigenomics’ Inc. (U.S.)
      • Galseq SRL VIA Italia (Italy)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Eurofins Scientific SE (Luxembourg)
  • LGC Limited (U.K.)
  • Affimetrix, Inc. (Thermo Fisher Scientific) (U.S.)
  • Illumina, Inc. (U.S.)
  • Zoetis Services LLC. (U.S.)
  • Biogenetic Services' Inc. (U.S.)
  • Agrigenomics' Inc. (U.S.)
  • Galseq SRL VIA Italia (Italy)

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