Description

Agrigenomics Market size was valued at US$ 3.1 Billion in 2020 and is projected to reach US$ 5.85 Billion by 2027 at a CAGR of 9.5% during the forecast period 2021 to 2027. Agrigenomics is the branch of science deals with the study of genetic makeup and their role in the development of crops and plants. The application of gene expression and next-generation sequencing plays a vital role in agrigenomics. These technologies help to understand the plant evolution, product yield, disease resistance, pest management, and among others. In addition, the other technologies in agrigenomics testing include DNA/RNA sequencing, genotyping, DNA extraction and purification, and targeted sequencing among others In July 2015, Neogen Corporation and Illumina Inc. extended their strategic alliance in agrigenomics research. Rise in applications of genome sequencing in livestock not only enables the study of parent lineage, but also aids in understanding the characteristics of infectious agents such as bacteria and viruses that infest them or live on them. Agrigenomics Market report gives a comprehensive outlook on across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Mn) of sequencing method, services, application and geographic regions. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply of global market.

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