The global agrigenomics market involves crop genomics research and applications related to genetic analysis of plants, soil, and other agricultural inputs. Techniques such as marker-assisted selection, genotyping, gene expression profiling, molecular breeding, and GMO/GM crop trait development help boost productivity and environmental resilience of crops. Advances in DNA sequencing and bioinformatics have enabled high-throughput analysis of genomes and transcriptomes of major crops including corn, soybean, rice, wheat, and more. The insights gained from agrigenomics research support breeding programs and agricultural biotechnology applications aimed at developing superior cultivars.
The Global Agrigenomics Market is estimated to be valued at US$ 4.30 BN in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the global agrigenomics market are BGI, Illumina, Inc., Eurofins Scientific SE, LGC Limited, Arbor Biosciences, Biogenetic Services Inc., Galseq Srl Via Italia, Thermo Fisher Scientific, Inc., Agilent Technologies Inc., and Tecan Genomics Inc.
The growing global demand for food along with concerns over the impact of climate change on agricultural yields is driving the need for Global Agrigenomics Market Size solutions. Marker-assisted selection and genome-wide association studies supported by DNA profiling techniques help breed new crop varieties suited for diverse environments and production systems.
Asia Pacific region is expected witness highest growth in the agrigenomics market owing to rising investments in agricultural research by China, India, and other developing economies looking to ensure national food security through advanced crop breeding programs. Partnerships between public research institutions and agritech companies also contribute to expansion of agrigenomics applications across major farming communities.
Market Drivers
Population growth coupled with urbanization is putting pressure on limited arable land and water resources, necessitating development of high-yielding, stress-tolerant crop varieties. Agrigenomics helps address the rising global demand for food more sustainably through techniques such as genetic mapping, marker-assisted backcrossing, and genomic selection. This remains a key market driver for continued investments in agrigenomics research and application development.
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