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Posted by Harry on August 24, 2024 at 7:20am 0 Comments 0 Likes
The application of genetics in agriculture to increase crop and livestock productivity and sustainability is known as agricultural genomics (Agrigenomics). Genomics has the potential to reduce the number of trials and failures in scientific research, potentially improving agricultural yield quality and quantity. Crop breeding is aided in the development of hybrids with the best characteristics by linking features to genes or gene signatures. The segment analysis in the Agrigenomics Market report is provided on the basis of sequencer type, objective application, and region.
Agrigenomics Market Report Scope and Research Methodology:
The report includes an in-depth analysis of the strategies of the industry's leading players, as well as a thorough examination of the various market segments and geographies. SWOT analysis was used to determine the Agrigenomics key players' strengths and weaknesses. A comprehensive analysis of Agrigenomics market dynamics, including drivers, restraints, opportunities, and challenges, is provided for each region and segment. The Agrigenomics Market report also includes figures for import/export consumption, supply and demand, price, cost, revenue, and gross margins. For accurate inferences, the data collected through primary and secondary research and analysed by SMR analysts on Agrigenomics Market was combined. To gather information for the Agrigenomics Market report on critical factors such as market trends and market dynamics. Primary interviews were conducted to gather information on size, growth trends, competitive landscape, outlook, and so on, while secondary information was gathered from sources such as annual or financial reports, government documents, company websites, industry white papers, paid databases, and free databases. To estimate the and regional Agrigenomics Market size, the bottom-up approach was used.
Agrigenomics Market Report Overview:
The study is based on major company forecasts as well as Agrigenomics Market statistics. During the forecast period, the Agrigenomics Market Report provides growth variables, current market share, various types, technologies, applications, and regional penetrations by 2029.
Agrigenomics Market size was valued at US$ 3.01 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 9.7% through 2021 to 2027, reaching nearly US$ 5.75 Bn.
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Agrigenomics Market Regional Analysis:
Agrigenomics Market Segmentation:
The agrigenomics market is divided into the following segments: DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, Marker-Assisted Selection, GMO/TRAIT Purity Testing, and Other Objectives. Because it significantly improves breeding efficiency and effectiveness when compared to conventional breeding. Marker-assisted selection is gaining popularity in North America due to substantial research support and the presence of important technology suppliers. In contrast, DNA/RNA sequencing and genotyping will be required as standard prerequisites for agrigenomics testing services in 2020. This is because researchers can fine-tune fine-mapping at a low cost with high genotyping call accuracy.
The agrigenomics market is divided into two categories: crops and livestock. Genotyping and next-generation sequencing (NGS) technologies are increasingly being used to study a wide range of agricultural species and gain a better understanding of the genetic variation that influences phenotype. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) technologies are accelerating development due to their low cost and advanced features such as multiplexing. Gene editing, in effect, democratises the development of genetically modified plants. Large established companies such as Syngenta, Bayer, BASF, and Corteva use the technology, as do smaller start-ups such as Calyxt and Pairwise Plants.
Agrigenomics Market Key Players:
Thermo Fisher Scientific LLC
Affymytrix Technologies
Euro Fins Scientific
Agilent Technologies Inc.
LGC Limited UK
Zoetis Inc.
Illumina Inc.
Genotypic Co Ltd
Sci Genom Labs Private Limited
Neogen Corporation
GalSeq SRL VIA Italia
Biogenetic Services Inc.
Key Questions answered in the Agrigenomics Market Report are:
Key offerings:
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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