Market Overview

The Global Agrigenomics Market was valued at USD 3,692.2 million in 2023 and is expected to reach USD 7,631.4 million by 2031 while growing at a CAGR of 9.5% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on global agrigenomics market growth. Agrigenomics, or agricultural genomics, applies genomic technologies to study the genetic makeup of plants, animals, and microorganisms in agriculture. It involves a comprehensive exploration of an organism's genes and their functions, encompassing interactions between genes and the environment.

Increasing global population and food demand, coupled with technological advancements in genomics like next-generation sequencing (NGS) and high-throughput genotyping, fuel the agrigenomics market. Despite this growth, challenges such as high initial costs, limited affordability, and complex ethical and regulatory issues may impede market expansion.

Furthermore, the global agrigenomics industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Application Analysis

The Global Agrigenomics Market is segmented among Crop, and Livestock, based on Application. In 2023, Crop accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Sequencer Analysis

The Global Agrigenomics Market is segmented among Sanger Sequencing, Illumina Hi Seq Family, PacBio Sequencing, Solid Sequencers, and Other Sequencers, based on Sequencer. In 2023, Illumina Hi Seq Family accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Agrigenomics Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Tecan Genomics Inc., BGI, Illumina, Inc., Eurofins Scientific SE, LGC Limited, Arbor Biosciences, Biogenetic Services Inc., Galseq Srl Via Italia

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Agrigenomics Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Agrigenomics Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Agrigenomics Market Segmentation, By Application

• Global Agrigenomics Market Share Analysis, By Application

• Global Agrigenomics Market Growth Analysis, By Application

• Global Agrigenomics Market Trends, By Application

o Crop

o Livestock

6. Global Agrigenomics Market Segmentation, By Sequencer

• Global Agrigenomics Market Share Analysis, By Sequencer

• Global Agrigenomics Market Growth Analysis, By Sequencer

• Global Agrigenomics Market Trends, By Sequencer

o Sanger Sequencing

o llumina Hi Seq Family

o PacBio Sequencing

o Solid Sequencers

o Other Sequencers

7. Global Agrigenomics Market Segmentation, By Region

• Global Agrigenomics Market Share Analysis, By Region

• Global Agrigenomics Market Growth Analysis, By Region

• Global Agrigenomics Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Thermo Fisher Scientific, Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Agilent Technologies, Inc.

• Tecan Genomics Inc.

• BGI, Illumina, Inc.

• Eurofins Scientific SE

• LGC Limited

• Arbor Biosciences

• Biogenetic Services Inc.

• Galseq Srl Via Italia

*Similar analysis will be provided for each company listed above.