Agrigenomics Market Growth Foretells $7.42 Billion by 2029: Driven by Increasing Food Demand and Advancements in Technology
What is the estimated growth of the Agrigenomics market?
The agrigenomics market has witnessed significant growth in recent years. The
market size has escalated from $4.31 billion in 2024 to $4.81 billion in 2025,
indicating a compound annual growth rate (CAGR) of 11.6%. This growth is
attributed to the increasing demand for sustainable agriculture, rising
population and escalating food demand, government initiatives and funding,
expansion in precision farming practices, and collaborations and partnerships.
The agrigenomics market is expected to further flourish in the coming years,
reaching a market size of $7.42 billion in 2029 with a CAGR of 11.4%. This
growth is due to increasing climate change challenges, expanding applications
of genomic data, growing adoption of big data analytics, and global focus on
sustainable agriculture, along with continued government support.
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What is propelling the growth of the Agrigenomics market?
The exponential increase in the global population significantly contributes to
the growth of the agrigenomics market. The expanding population demands more
productive and sustainable farming. Agrigenomics assists in producing
nutrient-dense food and growing large quantities in limited areas, necessary
for sustaining the increasing population. For instance, the United Nations
predicts the global population to reach 8.5 billion in 2030 and 9.7 billion in
2050, which supports the expected growth of the agrigenomics market.
Which segments shape the Agrigenomics market?
- By Service Offerings: Genotyping, DNA Fingerprinting, Assessment Of Genetic
Purity, Trait Purity Assessment, Gene Expression Analysis, Other Service
Offerings
- By Technology: Real-Time PCR (qPCR), Microarrays, Next Generation Sequencing,
Capillary Electrophoresis, Other Technologies
- By Sequencer Type: Sanger Sequencing, Illumina Hi Seq Family, PacBio
Sequencers, Solid Sequencers, Other Sequencer Types
- By Application: Crops, Livestock
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Who are the market leaders in the Agrigenomics industry?
Key participants in the agrigenomics market include Eurofins Scientific SE,
Galseq Srl, Illumina Inc., LGS Limited, Neogen Corporation, Thermo Fisher
Scientific Inc., Zoetis Inc., Pacific Biosciences of California Inc., NuGEN
Technologies Ltd., UD-GenoMed Limited, Arbor Biosciences LLC, Tecan Genomics
Inc., BGI Group, Bio-Rad Laboratories Inc., Charles River Laboratories
International Inc., Danaher Corporation, DNA LandMarks Inc., Dovetail Genomics
LLC, F. Hoffmann-La Roche AG, Fluidigm Corporation, Front Range Biosciences
Inc., Genotypic Technology Pvt Ltd., GENEWIZ Inc., Inari Agriculture Inc.,
Intrexon Corporation, Kbiosystems Ltd., KeyGene NV, LC Sciences LLC, NRGene
Ltd., Oxford Nanopore Technologies Ltd., Qiagen NV, Saphyrion Inc., SeqLL Inc.,
Zymo Research Corp.
What are the emerging trends in the Agrigenomics market?
Technological advancements are a major trend in the agrigenomics market. Key
players are focusing on developing new technologies to enhance genomic studies
and boost the current platforms for agrigenomics. For instance, in May 2022,
NEOGEN Corporation, a Switzerland-based food safety company, and Gencove, an
Indian-based company, launched InfiniSEEK. This innovative solution offers a
data-rich, economical method to classify cattle globally using genome-wide
sequence data and parentage markers.
What is the regional outlook of the Agrigenomics market?
North America held the largest share of the agrigenomics market in 2024. Other
regions covered in this report are Asia-Pacific, Western Europe, Eastern
Europe, South America, Middle East, and Africa.
What is the Agrigenomics market about?
Agrigenomics is a field that combines agriculture and genomics, focusing on the
study and application of genetic information in crops and livestock to enhance
agricultural practices. Agrigenomics is used for improving crop yield, disease
resistance, stress tolerance, and overall agricultural efficiency. The
Agrigenomics Market research report from The Business Research Company offers a
global market size, growth rate, regional shares, competitor analysis, detailed
segments, and identification of trends and opportunities.
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