The global Plant Genomics Market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities of Plant Genomics Market. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration of Plant Genomics Market.
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 latest analysis by Emergen Research. Robust growth of the global plant genomics market can be attributed to growing demand for high crop yields. Plant genomics helps in genetic variation identification in phenotypes and molecular pathway characterization in resistance from abiotic and biotic stresses. Enabling rapid implementation of gene technology in crop production and plant genomics improves food security and food safety by increasing productivity and removing mycotoxins, respectively. Also, the application of plant genomics considerably increases the value of agricultural products and seeds.
The benefits of plant genomics in protecting plants/crops from harsh weather plays an essential role in propelling market growth. Genome editing enhances plant tolerance to floods, droughts, heat, salinity, and frigid conditions for numerous crops.
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The market scope for the new entrants and established companies has been assessed using various analytical tools, including the SWOT analysis, investment assessment, and Porter’s Five Forces analysis. Furthermore, into the study, the authors of the report have evaluated the financial standing of leading companies operating in the industry.
Key Coverage of the Report:
- Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects
- Market segmentation by deployment type, authentication type, component, organization size, industry vertical
- Regional and country-wise market size estimation for the forecast period (2019-2028)
- Pricing strategies of the regional market players
- Demand & supply gap analysis
- Competitive landscape analysis
- Market share analysis of the top market players
- Strategic recommendations for new market entrants
- Company profiling of the leading market players
- Brief summary of the key strategies, financial positions, and recent developments of the leading companies
The leading market contenders listed in the report are:
Agilent Technologies, Neogen Corporation, GENEWIZ, Eurofins Scientific, QIAGEN, LC Sciences, Illumina Inc., KeyGene, Novogene Co. Ltd., and Floragenex Inc
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The global market has been categorized on the basis of product type, application gamut, end-user industries, and the competitive hierarchy. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further entails a clear outline of the market’s intensely competitive atmosphere to help businesses and industry stakeholders decipher the optimal business moves and achieve their business goals.
Segments Covered in this report are:
- Type Outlook (Revenue, USD Billion; 2021–2028)
- Genetic Engineering
- Molecular Engineering
- Genome Editing
- Others
- Genomic Property Outlook (Revenue, USD Billion; 2021–2028)
- Yield Improvement
- Herbicide Tolerance
- Disease Resistance
- Others
- Objective Outlook (Revenue, USD Billion; 2021–2028)
- DNA Extraction and Purification
- DNA/RNA Sequencing
- Genotyping
- Gene Expression Profiling
- GMO-Trait Purity Testing
- Marker-Assisted Selection
- Others
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Geographical Analysis:
The report offers a comprehensive analysis of the current growth prospects for the regional segments of the Plant Genomics market. It further gauges their revenue share for the forecast period. Furthermore, the report analyzes the year-on-year growth rate of the market in these regions for the forecast period. The leading geographic regions covered in this report are as follows:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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