The Plant Genomics Global Market Report 2023, provides comprehensive information on the plant genomics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Plant Genomics Global Market Report 2023, the global plant genomics market size is expected to grow from $9.36 billion in 2022 to $10.21 billion in 2023 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global plant genomics market size is expected to reach $14.27 billion in 2027 at a CAGR of 8.7%
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Technological advancement is a key trend gaining popularity in the plant genomics market. Major companies operating in plant genomics markets are focused on developing innovative solutions and technological centers to strengthen their position in the market. For instance, in September 2021, Nucleome Informatics Pvt. Ltd., an India-based biotechnology company, launched its most advanced genomics lab, the NKC Center for genomic research. This laboratory is capable of creating high-quality reference genomes, sequencing the entire transcriptome and metagenome, resequencing the genomes to find SNPs and SVs, developing SNP chips, and genotyping hundreds of samples. With the addition of this new lab, Nucleome now stands alone in India as the only facility capable of conducting full hybrid genome and transcriptome research projects.
The plant genomics market is segmented:
1) By Type: Molecular Engineering, Genetic Engineering, Genome Editing
2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance
3) By Technology: DNA And RNA Sequencing, Genotyping, Marker-Assisted Selection (MAS), Bioinformatics
4) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables
Asia-Pacific was the largest region in the plant genomics market in 2022.
The table of contents in TBRC’s plant genomics market report includes:
1. Executive Summary
2. Plant Genomics Market Characteristics
3. Plant Genomics Market Trends And Strategies
4. Plant Genomics Market – Macro Economic Scenario
5. Plant Genomics Market Size And Growth
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26. Africa Plant Genomics Market
27. Plant Genomics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Plant Genomics Market
29. Plant Genomics Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Agilent Technologies Inc
- Illumina Inc
- Eurofins Scientific SE
- NRGene Ltd
- Keygene N.V
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