Plant Genomics Market Top Key Vendor, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028
The global plant genomics market is expected to reach a market size of USD 14.47 billion, at a steady CAGR of 7.9% in 2028, according to the latest analysis by Emergen Research, strong growth of the global plant genomics market is driven by high crop yields. This may be due to increased demand for Plant genomics aids in the identification of phenotypic genetic variations and characterization of molecular pathways in resistance to abiotic and biological stresses. Enabling the rapid implementation of genetic technology in crop production and plant genomics improves food security and food safety by increasing productivity and eliminating mycotoxins, respectively. In addition, the application of phytogenomics significantly increases the value of agricultural products and seeds.
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Market drivers:
The relentless efforts of prominent players to develop new and modern technologies and product advancements are expected to drive the growth of the industry in the coming years. This report studies a wide range of business expansion plans and developments in R&D activities and product portfolios. The report provides a clear understanding of the alliances in the market such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate transactions.
The main participants are: : Agilent Technologies, Neogen Corporation, GENEWIZ, Eurofins Scientific, QIAGEN, LC Sciences, Illumina Inc., KeyGene, Novogene Co. Ltd. and Floragenex Inc.
Key questions addressed in the report:
Which regions are projected to dominate the market in the next few years?
What are the key applications of the Plant Genomics market?
What sectors do you expect to receive attention in the next few years?
Who are the key players in the Plant Genomics market?
What are the key strategies adopted by the key players in the market
Browse Full report description @ https://www.emergenresearch.com/industry-report/plant-genomics-market
The report also talks about changes in demand and emerging trends that are expected to drive the growth of the market. Growing demand for Plant Genomics Market products is expected to drive demand for Plant Genomics Market, spurring the growth of the industry. The report also studies the impact of the COVID-19 pandemic on the market.
Key highlights of the report
In February 2020, AgraFlora Organics International Inc., a growth-oriented and diversified company focused on the international cannabis industry, announced that its subsidiary, Propagation Services Canada Inc., has signed a Live-Plant purchase agreement. genetics.
DNA-based molecular markers are applied to detect genetic polymorphisms at the DNA level. Currently, several molecular markers are used in phylogenetic analysis to assess genetic diversity and germplasm identification.
Herbicide-tolerant crops allow farmers to remove weeds without damaging the crop. Plant genomics uses a plant’s intrinsic tolerance to selective herbicides to create tolerance to a wide range of herbicides in a variety of crops, allowing farmers to efficiently weed weeds along with a variety of other benefits. For example, the use of glyphosate-resistant crops reduces soil erosion by reducing tillage or no-tilling.
The plant genomics market in Asia Pacific recorded the fastest CAGR revenue in 2020. This can be attributed to increased investment by biotech companies in food crops and high value-added crops to meet growing global food demand. In addition, population growth and rising disposable incomes in countries in the region are driving the demand for high value-added crops.
Emergen Research Global Plant Genomics Market:
classified. Emergen Research has segmented the global plant genomics market on the basis of type, genomic properties, target, application, and region.
Type Forecast (Revenue, $1 billion, 2021-2028)
genetic engineering
molecular engineering
genome editing
Other
Genomic Attributes Forecast (Revenue, $1 Billion, 2021-2028)
Yield improvement
Herbicide tolerance
disease resistance
Other
Objective Outlook (Revenue, $1 billion, 2021–2028)
DNA extraction and purification
DNA/RNA sequencing
Genotyping
gene expression profiling
GMO-Characteristic Purity Test
Select marker support
Other
Regional Branches of Plant Genome Market Include:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, rest of EU)
Asia Pacific (India, Japan, China, Korea, Australia and other APAC regions)
Latin America (Chile, Brazil, Argentina, other Latin America)
Middle East & Africa (Saudi Arabia, UAE, South Africa and other MEAs)
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