Global Agrigenomics Genotyping Solutions Market Size, Share, Opportunities, And Trends By Type of Genotyping (Array-Based Genotyping, Sequencing-Based Genotyping), By Application (Crop Genotyping, Livestock Genotyping, Aquaculture Genotyping), By End-User (Research Institutes and Universities, Biotechnology and Seed Companies, Contract Research Organizations (CROs), Farmers and Agricultural Enterprises), And By Geography - Forecasts From 2024 To 2029

Genotyping is a type of technology that allows the detection of small genetic differences which can lead to major changes in the phenotype, which include both physical and pathological differences. Genotyping has many applications, which include agriculture and human medicine. Agrigenomics is the application of genomics in agriculture, which is the process of editing or modifying characteristics of the agricultural input such as the seed to provide sustainable productivity and solutions that can reduce global food insecurity.  The combination of modification of gene characteristics in agriculture and the monitoring of the changes that the modification brought is known as agrigenomics genotyping. The use of this technology is a necessity for the reduction of food insecurity worldwide, due to the rapid growth of the world population.

Introduction:

The agrigenomics genotyping solutions market is expected to witness significant growth during the forecast period, due to factors such as increasing demand for food, which is driven by the rapid growth of the global population.

Drivers:

• Increasing global demand for food: One of the factors that led to the growth of agrigenomics genotyping solutions in the market is the increased demand for food around the world. Agrigenomics allows the alteration or modification of gene data in the plant to select only the suitable and beneficial characteristics that will allow maximum output in minimum input. It allows alteration of characteristics in crop plants and seeds, only selecting the best characteristics that can allow increased yield, nutrition and enhanced damage resistance amongst crops and byproducts. This allows for an increased production of crops, which increases food security around the world. As per the Food and Agriculture Organization, the world population is expected to reach over a third, which accounts for an estimated 2.3 billion people, during the period 2009 and 2050. The factor that increased the rate of growth of the global population was the rapid urbanization in developing regions. It is also expected that the crop yields will continue to grow with an annual growth rate of 0.8% in the forecasted period. It is also expected that the land equipped for irrigation would be expected to expand to 32 million hectare acres (11%), and the harvested irrigated land would be expected to expand by 17%. Also, as per the Harvard Business Review, the food demand is expected to increase between 59% to 98% by 2050, due to the increasing population worldwide. The world population is expected to reach 9.7 billion by 2050, which is an increase from 7.3 billion in 2016. These growth rates can continue to increase with the development of agrigenomics genotyping solutions, which allow for the selection of specific gene characteristics that allow for increased yield and enhanced crop protection. Hence, the increase in food demand will be expected to provide the necessary boost to the agrigenomics genotyping solutions market during the forecast period.

Key Players:

• Thermo Fisher Scientific Inc.: A global leader that is known for the production and manufacturing of scientific instruments, software, and services for laboratories, and is also known for providing medical equipment, reagents and consumables, and services that can help with analytical challenges in diagnostics, research, and clinical laboratories.
• Illumina, Inc: A global leader that is known for the development, manufacture, and marketing of tools used for analysis of genetic variation and function, with a wide range of products which include sequencing kits and reagents, microarray kits and reagents, sequencing tools and systems, and molecular biology reagents.

Regional Analysis:

The Asia Pacific region will witness significant growth in the agrigenomics genotyping solutions market during the forecasted period of 2024-2029, due to factors such as increasing food demand due to rapid population growth and government support in agrigenomics. China and India lead the market due to factors such as growing population and government support in agrigenomics. As per the Ministry of Agricultura and Farmers Welfare in India, the total foodgrain production in India accounted for a record estimate of 3296.87 lakh tonnes in 2022-23, which is an increase of 140.71 lakh tonnes from their foodgrains production estimate of 3156.16 lakh tonnes in 2021-22.  It also displays an increase of 308.69 lakh tonnes from the previous five years (2017-18 to 2021-22). This increase has been attributed to the increasing production and hard work the farmers provided and the growth in innovation and development of agritech from agricultural scientists and institutions that were supported by the Indian Government.  The Indian government has also announced an invitation proposal to Indian academic and scientific research institutions in the country. The government would provide financial and technological support for scientists and research institutions for the development and innovation of artificial intelligence (AI) applications in agricultural and plant science, which include crop yield enhancement through AI/ML or Big Data analytics, AI-assisted irrigation, pesticide treatment, and several others. The Indian government has also established a genomics establishment in 2019 that will assist in the genomics and genotyping process that will help in breeding better and stronger products, dubbed The National Genomics and Genotyping Facility (NGGF). The increase in food grain production can be linked with genomic genotyping, which allows for increased yield and increased crop protection.

Market Developments:

• June 2023: Cibus, Inc., a leading agricultural technology company that is known for developing and licensing plant traits to seed companies, announced the complete merger with Calyxt, Inc. The combined companies, which include Cibus Global, LLC and Calyxt, Inc., will operate under the name “Cibus, Inc..”, which brings together the technological platform and facilities of two leaders in creating leading agricultural technologies for the development of Productivity Traits and Sustainable Ingredients.

Segmentation:

• By Type of Genotyping:
  • Array-Based Genotyping
  • Sequencing-Based Genotyping
• By Application:
  • Crop Genotyping
  • Livestock Genotyping
  • Aquaculture Genotyping
• By End-User:
  • Research Institutes and Universities
  • Biotechnology and Seed Companies
  • Contract Research Organizations (CROs)
  • Farmers and Agricultural Enterprises
• By Geography:
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL AGRIGENOMICS GENOTYPING SOLUTIONS MARKET, BY TYPE OF GENOTYPING

5.1. Introduction

5.2. Array-Based Genotyping

5.3. Sequencing-Based Genotyping

6. GLOBAL AGRIGENOMICS GENOTYPING SOLUTIONS MARKET, BY APPLICATION  

6.1. Introduction

6.2. Crop Genotyping

6.3.  Livestock Genotyping

6.4. Aquaculture Genotyping

7. GLOBAL AGRIGENOMICS GENOTYPING SOLUTIONS MARKET, BY END-USERS

7.1. Introduction

7.2. Research Institutes and Universities

7.3. Biotechnology and Seed Companies

7.4. Contract Research Organizations (CROs)

7.5.  Farmers and Agricultural Enterprises

8. GLOBAL AGRIGENOMICS GENOTYPING SOLUTIONS MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Thermo Fisher Scientific, Inc.

10.2. Illumina, Inc.

10.3. Eurofins Genomics

10.4.  LGC Limited (LGC Group)

10.5. Agilent Technologies, Inc.

10.6. BGO Genomics

10.7. Tecan Trading AG

10.8. Neogen Corporation

10.9. Cibus, Inc.

10.10. Pairwise

Thermo Fisher Scientific, Inc.

Illumina, Inc.

Eurofins Genomics

 LGC Limited (LGC Group)

Agilent Technologies, Inc.

BGO Genomics

Tecan Trading AG

Neogen Corporation

Cibus, Inc.

Pairwise