[180+ Pages Report] According to the report published by Facts and Factors, the global Plant Genomics market size was valued at around USD 7.30 billion in 2022 and is expected to surpass around USD 12.70 billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.23% between 2023 and 2030. The report analyses the global Plant Genomics market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report analyses emerging opportunities in the Plant Genomics market.
Our research analysts have used reliable market research tools to provide complete details about the global Plant Genomics market. The trusted methodologies have helped the analysts provide the global Plant Genomics market size in terms of USD Billion. The report provides historical data from 2019 to 2021 and forecasts from 2022 to 2030. The research report gives complete knowledge about the Plant Genomics market statistics and dynamics on a global and regional level. The report provides emerging trends, challenges & opportunities, competitive players, and valuation of the global Plant Genomics market.
The trusted methodologies and intense study performed by the analysts help in systematically presenting the trends and challenges of the market. Our research report presents all the important data regarding market players, regional segmentation, market hindrances, strategic alliances, business models, and market shares.
The report offers vital aspects including mergers, acquisitions, new launches, and new avenues that will help the market expansion during the forecast period. The market-oriented and commercial research study involves extensive use of Porter’s Five Forces, PESTEL analysis, and SWOT analysis to identify all the microscopic and megascopic factors that have a direct or indirect impact on the global Plant Genomics market.
Report Attribute |
Details |
Market Size in 2022 |
USD 7.30 Billion |
Projected Market Size in 2030 |
USD 12.70 Billion |
CAGR Growth Rate |
8.30% CAGR |
Base Year |
2022 |
Forecast Years |
2023-2030 |
Key Market Players |
NRGene, Eurofins Scientific, Qiagen, Illumina Inc., Neogen Corporation, Agilent Technologies, LC Sciences, KeyGene, Traitgenetics GmbH, Oxford Nanopore Technologies, Novogene Corporation, Genewiz, Floragenex, BGI Genomics, Genotypic Technologies, and Others |
Key Segment |
By Type, Trait, Objective, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Plant genomics basically deals with bringing about alterations in the compositions, genetic structures, functions, organizations, and interactions/networks of a whole plant genome using various advanced tools. The application of genomics in plant breeding and conservation of genetic resources is gaining a lot of popularity across the globe and thus, in turn, helping the market growth.
The increasing investments in the biotechnology research on food crops along with the increasing food requirements and reducing poverty aid the global Plant Genomics market growth.
With the burgeoning advancements in plant technology, new crops can be created to ensure high productivity. Apart from this, the rising demand for food security is also anticipated to help market growth. Other factors including escalating demand for improved crop varieties, the cost-effectiveness of genomics, and the increase in plant genome funding are projected to drive the growth of the global Plant Genomics market.
On the basis of type, the global Plant Genomics market is segmented into Molecular Engineering, Genetic Engineering, and Others. In terms of Traits, the market is sectored into Herbicide Tolerance, Disease Resistance, Yield Improvement, and Others. Based on the objective, the industry is divided into Marker-Assisted Selection, DNA Extraction & Purification, GENE Expression Profiling, DNA/RNA Sequencing, Genotyping, GMO-Trait Purity Testing, and Others. Based on the application, the global Plant Genomics market is segregated into Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, and Others.
Some of the key players in the global Plant Genomics market include NRGene, Eurofins Scientific, Qiagen, Illumina, Inc., Neogen Corporation, Agilent Technologies, LC Sciences, KeyGene, Traitgenetics GmbH, Oxford Nanopore Technologies, Novogene Corporation, Genewiz, Floragenex, BGI Genomics, and Genotypic Technologies.
Global Plant Genomics market is segmented into:
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