DUBLIN–(BUSINESS WIRE)–The “Plant Genomics Market – A Global Market and Regional Analysis: Focus on Product Offering, Technology, Application, Farm Produce, Patent, Government Programs and Funding – Analysis and Forecast, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
The global plant genomics market is projected to grow from $7.26 billion in 2020 to $12.26 billion by 2025, at a CAGR 11.06% from 2020 to 2025.
The growth in plant genomics market is expected to be driven by the rising need for improved crop traits, increasing need to reduce crop losses, and reducing cost of DNA sequencing and synthesizing.
Plant genomics caters to several applications such as yield management, diseases resistance, and herbicide tolerance. The utilization of technologies in plant genomics, such as DNA/RNA sequencing, genotyping, marker-assisted selection and bioinformatics, is expected to augment the growth of plant genomics in the technology sector. Moreover, depleting agricultural land and increasing demand for fresh agricultural produce all around the year are expected to propagate the growth of plant genomics market.
The competitive landscape of the plant genomics market consists of different strategies undertaken by major players across the industry to gain market presence. The competitive landscape for the plant genomics market demonstrates an inclination toward companies adopting strategies, such as product launch and development and partnerships, collaborations, and joint ventures.
The major established players in the market focus on partnerships, collaborations, and joint ventures to introduce new technologies or develop further on the existing product portfolio. KeyGene, N.V., Novogene, Oxford Nanopore Technologies, Genewiz, Front Range Biosciences, and Eurofins Scientific are some of the prominent players in the plant genomics market.
The market is highly fragmented with the presence of a large number of small- to medium-sized companies that compete with each other and the large enterprises.
Key Topics Covered:
1.1 Industry Outlook
1.1.1 Government Programs and Initiatives Landscape
1.1.2 Regulatory Landscape
1.1.3 Key Consortium and Associations
1.1.4 Investment and Funding Landscape
1.1.5 Patent Analysis
1.1.6 Industry Attractiveness
1.2 Business Dynamics
1.2.1 Business Drivers
22.214.171.124 Rising Need for Improved Crop Traits
126.96.36.199 Increasing Need to Reduce Crop Losses
188.8.131.52 Reducing Cost of DNA Sequencing and Synthesizing
1.2.2 Business Challenges
184.108.40.206 High Initial Deployment Cost
220.127.116.11 Lack of Awareness in Handling Modern Plant Genomics Technologies in Developing Countries
1.2.3 Business Opportunities
18.104.22.168 Favorable Government Initiatives to Support Research and Development
22.214.171.124 Increasing Opportunities for Using Next-Generation Sequencing Technologies
1.2.4 Business Strategies
126.96.36.199 Product Developments
188.8.131.52 Market Developments
1.2.5 Corporate Strategies
184.108.40.206 Mergers and Acquisitions
220.127.116.11 Partnerships, Collaboration and Joint Ventures
2.1 Global Plant Genomics Market (by Application), Applications and Specifications
2.1.1 Herbicide Tolerance
2.1.2 Disease Resistance
2.1.3 Yield Improvement
2.2 Global Plant Genomics Market, Demand Analysis (by Application)
2.2.1 Demand Analysis (by Application), Value Data, 2019-2025
18.104.22.168 Yield Improvement
22.214.171.124 Disease Resistance
126.96.36.199 Herbicide Tolerance
2.3 Global Plant Genomics Market (by Farm Produce), Application and Specifications
2.3.2 Oil Crops
2.3.3 Fiber Crops
2.3.7 Tree Nuts
2.3.8 Roots and Tubers
2.4 Global Plant Genomics Market, Demand Analysis (by Farm Produce)
2.4.1 Demand Analysis (by Farm Produce), Value, 2019-2025
188.8.131.52 Oil Crops
184.108.40.206 Fiber Crops
220.127.116.11 Roots and Tubers
18.104.22.168 Tree Nuts
3.1 Global Plant Genomics Market (by Product Offering), Product and Specification
3.1.1 Hardware Devices
3.1.3 Support Services
3.2 Global Plant Genomics Market, Demand Analysis (by Product Offering)
3.2.1 Demand Analysis (by Product Offering), Value Data, 2019-2025
22.214.171.124 Hardware Devices
126.96.36.199 Support Services
3.3 Global Plant Genomics Market (by Technology), Product and Specification
3.3.1 DNA/RNA Sequencing
3.3.3 Marker-Assisted Selection (MAS)
3.4 Global Plant Genomics Market, Demand Analysis (by Technology)
3.4.1 Demand Analysis (by Technology), Value Data, 2019-2025
188.8.131.52 DNA/RNA Sequencing
184.108.40.206 Marker-Assisted Selection
4.1 North America
4.2 South America
4.5 Middle East and Africa
4.7 Asia-Pacific and Japan
5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.2 Company Profiles
- BGI Genomics Co Ltd.
- Eurofins Scientific
- FLORAGENEX, INC.
- Front Range Biosciences
- Genotypic Technology Pvt. Ltd.
- Illumina, Inc.
- Keygene N.V.
- LC Sciences, LLC.
- Neogen Corporation
- Novogene Co., Ltd.
- NRGene Ltd.
- Oxford Nanopore Technologies
- Traitgenetics GmbH
For more information about this report visit https://www.researchandmarkets.com/r/4qoibt