Plant Genomics Market: An In-Depth Look at the Current State and Future Outlook

Sep21,2023 #Plant Genomics Market

The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Plant Genomics Market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans.

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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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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