Agrigenomics Market to Expand at 9.7% CAGR, Projected to Reach $9.13 Billion by 2032

Global Agrigenomics Market Set for Robust Growth Amid Technological Advancements and Sustainable Agriculture Initiatives

March 13, 2025

The Global Agrigenomics Market is poised for significant expansion, driven by technological innovations, increasing demand for sustainable agricultural practices, and a focus on enhancing crop yield and quality. This press release delves into market estimations, growth drivers, opportunities, U.S. market trends, key market segments, competitive landscape, and regional analyses for the U.S., UK, Germany, France, Japan, and China.

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Market Estimation, Growth Drivers, and Opportunities

Agrigenomics Market size was valued at US$ 4.35 Bn. in 2024 and the total revenue is expected to grow at a CAGR of 9.7% through 2025 to 2032, reaching nearly US$ 9.13 Bn. This growth is attributed to several key factors:

Technological Advancements: Innovations in genomic sequencing and bioinformatics have made genetic analysis more accessible and cost-effective, enabling precise breeding and crop improvement strategies.

Rising Demand for Organic and Sustainable Food: Consumers worldwide are increasingly seeking organic and sustainably produced food, prompting farmers to adopt agrigenomic tools to enhance crop resilience and yield without relying on chemical inputs.

Climate Change Adaptation: Agrigenomics plays a crucial role in developing crop varieties that can withstand changing climatic conditions, pests, and diseases, ensuring food security.

Government Initiatives and Funding: Many governments are investing in agricultural research and development, providing grants and subsidies to encourage the adoption of advanced genomic technologies in farming.

U.S. Market Trends and Investments

In 2024, the U.S. agrigenomics market witnessed notable trends and investments:

Increased Funding: Venture capital firms showed heightened interest in agrigenomics startups, recognizing the potential for innovation in crop improvement and sustainable agriculture.

Public-Private Partnerships: Collaborations between government agencies, research institutions, and private companies have accelerated the development and deployment of genomic tools in agriculture.

Technological Integration: The integration of artificial intelligence and machine learning with genomic data has enhanced predictive analytics in crop breeding programs.

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Market Segmentation and Dominant Segments

The agrigenomics market is segmented based on sequencing methods, application, and objective. The dominant segments include:

Sequencing Method: The Illumina HiSeq Family holds the largest market share due to its high-throughput sequencing capabilities, accuracy, and cost-effectiveness, making it the preferred choice for large-scale genomic studies.

Application: Crops represent the largest application segment, as genomic studies in crops are more prevalent than in livestock, driven by the need to improve yield, disease resistance, and stress tolerance.

Objective: The DNA Extraction & Purification segment dominates, as it is a fundamental step in agrigenomics studies, ensuring the accuracy and reliability of subsequent analyses.

Competitive Analysis

Several key players dominate the global agrigenomics market, contributing to its growth through innovations and strategic initiatives:

Thermo Fisher Scientific Inc.: A leader in scientific instrumentation and reagents, the company has invested in developing advanced genomic tools tailored for agricultural applications, enhancing data accuracy and processing speed.

Agilent Technologies, Inc.: Known for its analytical instruments, Agilent has expanded its portfolio to include genomic solutions for agriculture, focusing on user-friendly platforms that integrate seamlessly into existing workflows.

Illumina, Inc.: As a pioneer in sequencing technologies, Illumina continues to innovate with high-throughput sequencers that have become industry standards in agrigenomics research.

Eurofins Scientific: This global laboratory services provider offers comprehensive agrigenomic testing services, supporting farmers and researchers in implementing genomic insights for crop improvement.

LGC Limited: Specializing in life sciences tools, LGC has developed robust genomic solutions for agriculture, emphasizing quality control and standardization in testing procedures.

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Regional Analysis

United States: The U.S. holds a significant share of the agrigenomics market, driven by substantial investments in agricultural research, a strong biotechnology sector, and supportive government policies promoting sustainable farming practices.

United Kingdom: The UK's focus on sustainable agriculture and food security has led to increased adoption of agrigenomic technologies, supported by government funding and research initiatives aimed at enhancing crop resilience.

Germany: As a leader in technological innovation, Germany's agrigenomics market benefits from strong collaborations between research institutions and industry, with government policies supporting precision agriculture and environmental sustainability.

France: France's emphasis on agricultural productivity and sustainability has led to the integration of genomic tools in farming practices, with government initiatives encouraging research and adoption of advanced technologies.

Japan: Japan's advanced technological infrastructure and focus on food security have propelled the adoption of agrigenomics, with government support for research and development in crop improvement and sustainable agriculture.

China: China's significant investment in agricultural modernization and food security has led to rapid adoption of agrigenomic technologies, supported by government policies aimed at enhancing crop yields and resilience.

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Conclusion

The agrigenomics market is set for robust growth, driven by technological advancements, increasing demand for sustainable agriculture, and supportive government policies. Companies investing in innovative genomic solutions and strategic collaborations are well-positioned to capitalize on emerging opportunities. As the global population continues to grow, the importance of agrigenomics in ensuring food security and environmental sustainability cannot be overstated.

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