Plant phenotyping is an important area of modern agriculture research focused on observing and quantifying plant morphology and physiology through non-invasive means. Automated plant phenotyping systems allow for high-throughput plant screening and precise measurement of several plant traits including growth, morphology, physiology, biochemistry and gene expression. The increasing adoption of automated plant phenotyping systems has been boosting the demand for plant phenotyping equipment and software as they help improve seed development through early plant selection and optimization of yield.

The global Plant Phenotyping Market is estimated to be valued at US$ 227.28 Mn in 2023 and is expected to exhibit a CAGR of 2.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increasing adoption rate of automated plant phenotyping systems is one of the major trends being witnessed in the plant phenotyping market. Automated plant phenotyping systems allow for non-invasive, non-destructive and precise measurement of thousands of plant traits which helps plant breeders to improve plant varieties more efficiently. Traits such as biomass, growth rate, plant architecture and response to stress conditions can be measured precisely. Automated systems also eliminate manual errors and subjectivity involved in manual plant phenotyping. With the help of artificial intelligence and machine learning techniques, automated plant phenotyping is gaining popularity among plant researchers and developers for high-throughput plant screening and developing stress-resilient and high yielding crop varieties.

Segment Analysis

The global plant phenotyping market is dominated by equipment segment which currently holds around 47% of the total market share. This is primarily owing to high demand for plant phenotyping equipment such as image analysis systems, sensors, and other devices for detecting and examining physical and physiological characteristics of plants. Adoption of advanced plant phenotyping equipment allows analysis of various plant traits with higher accuracy and in a non-destructive manner. This further helps researchers in developing superior varieties of crops with desirable traits like higher yield, biotic/abiotic stress tolerance and nutrient use efficiency.

Key Takeaways

The Global Plant Phenotyping Market Size is estimated to be valued at US$ 227.28 Mn in 2023 and is expected to exhibit a CAGR of 2.4% over the forecast period 2023 to 2030.

Regional analysis: North America region currently dominates the global plant phenotyping market and is expected to continue its dominance over the forecast period. High spending on agricultural research in the US and Canada is a major factor driving the growth of plant phenotyping market in this region. Asia Pacific is expected to witness fastest growth on back of increasing government initiatives to boost agriculture productivity and extensive R&D activities in countries like China and India.

Key players: Plant phenotyping market is moderately consolidated in nature. Some of the key players operating in the plant phenotyping market are Phenospex, WIWAM, KeyGene, Phenomix, BASF, and BKR Partners. These players are focusing on new product launches and enhancing their existing product portfolio to expand their global presence. For instance, in 2021, BASF launched a new plant phenotyping platform, PhenoView Cabinet, to assist researchers in gaining phenotypic traits and physiological data about plant varieties in a high-throughput manner.

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