PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1542767
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1542767
Agrigenomics
Global Agrigenomics Market to Reach US$6.8 Billion by 2030
The global market for Agrigenomics estimated at US$3.9 Billion in the year 2023, is expected to reach US$6.8 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2023-2030. Illumina Hi Seq Family, one of the segments analyzed in the report, is expected to record a 8.8% CAGR and reach US$3.5 Billion by the end of the analysis period. Growth in the Sanger Sequencing segment is estimated at 8.4% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.0 Billion While China is Forecast to Grow at 7.7% CAGR
The Agrigenomics market in the U.S. is estimated at US$1.0 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.4% and 6.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.
Global Agrigenomics Market - Key Trends and Drivers Summarized
What Is Agrigenomics and How Does It Transform Agriculture?
Agrigenomics, the application of genomics in agriculture, is revolutionizing the way we understand and improve crop and livestock production. This interdisciplinary field combines advanced genomic technologies with agricultural sciences to enhance the genetic makeup of plants and animals, leading to improved yield, disease resistance, and environmental resilience. By sequencing the DNA of various crops and livestock, scientists can identify genes responsible for desirable traits and employ techniques like marker-assisted selection and gene editing to accelerate the breeding process. Agrigenomics enables precise modifications, ensuring that new varieties can better withstand pests, diseases, and climate challenges. This genomic approach not only increases agricultural productivity but also supports sustainable practices by reducing the need for chemical inputs like pesticides and fertilizers.
Why Is Agrigenomics Essential for Modern Agriculture?
The necessity of agrigenomics in modern agriculture stems from the increasing demand for food security, sustainable practices, and adaptation to climate change. Traditional breeding methods are time-consuming and often less precise, making it difficult to meet the growing global food demand. Agrigenomics provides a faster, more accurate way to develop crops and livestock with superior traits. For instance, genomic selection can significantly reduce the time required to develop a new crop variety by identifying and selecting the best genetic combinations early in the breeding process. Additionally, agrigenomics plays a crucial role in conserving genetic diversity, which is vital for the resilience and adaptability of agricultural systems. By understanding the genetic basis of crop and livestock diversity, researchers can develop strategies to preserve and utilize this diversity effectively, ensuring long-term sustainability and food security.
How Are Technological Innovations Enhancing Agrigenomics?
Technological advancements are at the core of the rapid progress in agrigenomics. High-throughput sequencing technologies, such as next-generation sequencing (NGS), have made it possible to sequence entire genomes quickly and cost-effectively, providing a wealth of genetic information that can be used to improve agricultural practices. CRISPR-Cas9 and other gene-editing tools offer unprecedented precision in modifying specific genes, allowing for targeted improvements without the lengthy and uncertain processes of traditional breeding. Bioinformatics and computational biology are also essential, enabling the analysis and interpretation of vast amounts of genomic data. These technologies facilitate the identification of genetic markers associated with important traits and the development of predictive models for breeding programs. Moreover, the integration of agrigenomics with precision agriculture technologies, such as sensors and drones, allows for real-time monitoring and management of crops based on their genetic profiles, optimizing resource use and improving yields.
What Factors Are Driving Growth in the Agrigenomics Market?
The growth in the agrigenomics market is driven by several factors reflecting technological advancements, the rising need for food security, and changing agricultural practices. A significant driver is the increasing global population, which amplifies the demand for higher agricultural productivity and efficient resource use. Technological innovations in high-throughput sequencing and gene-editing tools are making genomic applications more accessible and effective, encouraging widespread adoption. The rising costs of traditional agricultural inputs and the need for sustainable farming practices are also propelling the market, as agrigenomics offers viable solutions to enhance crop and livestock resilience and productivity. Government initiatives and funding aimed at promoting agricultural research and innovation further support market growth. Additionally, the growing awareness about food safety, quality, and traceability is driving demand for genomic solutions that ensure high-quality produce. Collaborations between agritech companies, research institutions, and farmers are fostering innovation and practical applications of agrigenomics, accelerating its adoption across the agricultural sector. As these factors converge, the agrigenomics market is poised for significant expansion, driven by continuous technological advancements and the global push for sustainable and efficient agricultural practices.
Select Competitors (Total 41 Featured) -
- Agilent Technologies, Inc.
- AgriGenomics, Inc.
- Biogenetic Services, Inc.
- Eurofins Scientific SE
- Galseq Srl
- Illumina, Inc.
- LGC Ltd.
- Neogen Corporation
- Thermo Fisher Scientific, Inc.
- Zoetis, Inc.
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- Agrigenomics - Global Key Competitors Percentage Market Share in 2024 (E)
- Global Economic Update
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Advances in Genomic Technologies Propel Growth in Agrigenomics Market
- Increasing Focus on Crop Diversity and Yield Improvement Spurs Adoption of Genomic Solutions
- Increasing Adoption of CRISPR and Gene Editing Tools Expands Addressable Market Opportunity
- Innovations in High-Throughput Sequencing Strengthen Business Case for Agrigenomics
- Here's How Precision Agriculture Enhances Agrigenomics Applications
- Expansion of Bioinformatics and Computational Biology Throws the Spotlight On Data-Driven Agrigenomics
- Advances in Microbiome Research Propel Market Growth
- Influence of Climate Change on Crop Resilience Expands Addressable Market for Agrigenomics
- Growing Trend towards Functional Genomics Propels Demand for Agrigenomic Research
- Advances in Epigenetics Expand Addressable Market Opportunity
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Recent Past, Current & Future Analysis for Crops by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 2: World 7-Year Perspective for Crops by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 3: World Recent Past, Current & Future Analysis for Livestock by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 4: World 7-Year Perspective for Livestock by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Illumina Hi Seq Family by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 6: World 7-Year Perspective for Illumina Hi Seq Family by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 7: World Recent Past, Current & Future Analysis for Sanger Sequencing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 8: World 7-Year Perspective for Sanger Sequencing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 9: World Recent Past, Current & Future Analysis for Solid Sequencers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 10: World 7-Year Perspective for Solid Sequencers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 11: World Recent Past, Current & Future Analysis for Pacbio Sequencers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 12: World 7-Year Perspective for Pacbio Sequencers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 13: World Recent Past, Current & Future Analysis for Other Sequencer Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 14: World 7-Year Perspective for Other Sequencer Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 15: World Agrigenomics Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- TABLE 16: World Recent Past, Current & Future Analysis for Agrigenomics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 17: World 7-Year Perspective for Agrigenomics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- USDA Releases New Blueprint for Research and Funding in Animal Genomics
- TABLE 18: USA Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 19: USA 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 20: USA Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 21: USA 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- CANADA
- TABLE 22: Canada Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 23: Canada 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 24: Canada Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 25: Canada 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- JAPAN
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 26: Japan Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 27: Japan 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 28: Japan Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 29: Japan 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- CHINA
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 30: China Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 31: China 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 32: China Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 33: China 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- EUROPE
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- Opposition to Genetic Modification Technology: An Obstacle for Europe's Agrigenomics Market
- CJEU's Ruling on Gene-Edited Crops Presents Hurdles for Development of Genomics in Europe
- TABLE 34: Europe Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 35: Europe 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 36: Europe Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 37: Europe 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- TABLE 38: Europe Recent Past, Current & Future Analysis for Agrigenomics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 39: Europe 7-Year Perspective for Agrigenomics by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
- FRANCE
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 40: France Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 41: France 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 42: France Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 43: France 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- GERMANY
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 44: Germany Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 45: Germany 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 46: Germany Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 47: Germany 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- ITALY
- TABLE 48: Italy Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 49: Italy 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 50: Italy Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 51: Italy 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- UNITED KINGDOM
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 52: UK Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 53: UK 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 54: UK Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 55: UK 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- REST OF EUROPE
- TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 57: Rest of Europe 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 58: Rest of Europe Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 59: Rest of Europe 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- ASIA-PACIFIC
- Agrigenomics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- India's Agriculture Sector Warms Up to Genomics
- Genomics Revolution Underway in Australia
- Important Role of Genomics in Cattle Improvement
- TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 61: Asia-Pacific 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 62: Asia-Pacific Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 63: Asia-Pacific 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
- REST OF WORLD
- Potential for Genomics in Improving Yields of African Orphan Crops
- TABLE 64: Rest of World Recent Past, Current & Future Analysis for Agrigenomics by Application - Crops and Livestock - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 65: Rest of World 7-Year Perspective for Agrigenomics by Application - Percentage Breakdown of Value Sales for Crops and Livestock for the Years 2024 & 2030
- TABLE 66: Rest of World Recent Past, Current & Future Analysis for Agrigenomics by Sequencer Type - Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 67: Rest of World 7-Year Perspective for Agrigenomics by Sequencer Type - Percentage Breakdown of Value Sales for Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers and Other Sequencer Types for the Years 2024 & 2030
IV. COMPETITION
