Global Agrigenomics Market To Record Protruding Growth With US$ 5,471.0 Million By 2027
Published date - 17/04/2022
April 2021 | Report Format: Electronic (PDF)
The rapid expansion in the people worldwide, as well as the rising need for agricultural and animal around the world, are major drivers fuelling the development of the Agrigenomics Industry. The government’s effort to promote research and improve agricultural production is helping to drive the expansion of the Agrigenomics Industry. Furthermore, increasing demand for genetic information by livestock producers, as well as technical advancements in sequencing equipment such as shorter sequencing life and high machines, are propelling the development of the Agrigenomics Industry.
In the other side, the expensive cost of equipment, punishers in regulations, and large investment are expected to limit the development of the Agrigenomics Industry. Despite these challenges, advancements in innovation and precision in results, as well as the necessity to produce insect resistance plants, are likely to drive global Agrigenomics Industry in the future years. Illumina, Inc. introduced the NovaSeq S4 capillary reagents kit with NovaSeq Xp process for their NovaSeq 6000 Systems in Jan 2017. Its NovaSeq product's power and versatility are aided by flow cell development. The addition of this additional flow cell & process to the platform expands its possibilities.
North America holds the biggest share of the Agrigenomics Industry, while Asia-Pacific is anticipated to develop at the quickest rate in during predicted period. The nation's largest portion is due to rising R&D efforts funded by the federal administration, while the quickest increase is related to massive needs for agricultural and livestock development.
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Agrigenomics Market Report Highlights
- LGC confirmed the expansion of their controlled bioanalytical LC-MS program in November 2020 with the installation of an elevated spectrometer, called SCIEX TripleTOF 6600 LC-MS/MS Systems.
- Thermo Fisher's recently released platform in Nov. will be very latest properly connected, succeeding sequencing technology with an efficient specimen process that provides findings cheaply in a single workday.
- In February 2021, Thermo Fisher Scientific Inc. acquired cell sorting technology from Propel Labs, which is a fully owned subsidiary of SIDIS Corp. With this, Thermo Fisher aims toward bringing flow cytometry expertise, R&D capabilities, and engineering strength for elevating its cell analysis and cell therapy research businesses.
AGRIGENOMICS MARKET SEGMENTATION
The research report published by Market Research Strategy contains industry segments, as below-
Agrigenomics Type Outlook (Revenue, USD Million, 2016 - 2027)
- Dna extraction & purification
- Marker-assisted selection
- Genotyping
- Dna/rna sequencing
- Gene expression profiling
- Gmo/trait purity testing
- Other objectives
Agrigenomics Objective Outlook (Revenue, USD Million, 2016 - 2027)
- Crops
- Livestock
Agrigenomics Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
List of Key Players- Agrigenomics Market
- Eurofins Scientific Se (Luxembourg)
- Thermo Fisher Scientific’ Inc.
- Illumina’ Inc.
- Neogen Corporation
- Agrigenomics’ Inc.
- Agilent Technologies’ Inc.
- LGS Limited.
- Zoetis’ Inc.
- Galseq Srl Via Italia
- Biogenetic Services’ Inc.
- Tecan Genomics, Inc
- Genotypic Technology Pvt Ltd
- BGI Genomics
- Genewiz
- Tiangen Biotech (Beijing) Co., Ltd.
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