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The global NGS In Agrigenomics market was valued at US$ 1031.1 million in 2022 and is projected to reach US$ 1593.1 million by 2029, at a CAGR of 6.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The rising world population has resulted in an increase in the demand for food, while there has been an increase in the loss of crop and livestock-based food due to genetic concerns and climatic factors. The world population is expected to reach 9.7 billion by 2050, which further stresses on the need to employ advanced technologies so that we can ensure sustainable productivity growth in agriculture. Agrigenomics provides an effective solution to the rising concerns by improving the productivity factor of the farmers. Agrigenomics helps the farmers, breeders, and researchers in identifying the genetic sequences which can be used to determine desirable traits and make better breeding decisions.
This report aims to provide a comprehensive presentation of the global market for NGS In Agrigenomics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NGS In Agrigenomics. This report contains market size and forecasts of NGS In Agrigenomics in global, including the following market information:
With food security gaining increased importance in the worldwide scenario, the government of various countries across the globe are promoting the use of technologies like genomics and sequencing in the field of agriculture. The process of relating the agriculturally important characteristics like meat quality with one or more genes is important for ensuring better farm-outputs. Agrigenomics also helps in improving aquaculture, where desirable characteristics like disease resistance, and increased stress tolerance can be induced in the aquatic organisms.
We surveyed the NGS In Agrigenomics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global NGS In Agrigenomics Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global NGS In Agrigenomics Market Segment Percentages, by Type, 2022 (%)
Global NGS In Agrigenomics Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global NGS In Agrigenomics Market Segment Percentages, by Application, 2022 (%)
Global NGS In Agrigenomics Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global NGS In Agrigenomics Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies NGS In Agrigenomics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies NGS In Agrigenomics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: