According to FutureWise analysis the market for agrigenomics is expected to reach US$ 9.31 billion by 2031 at a CAGR of 9.9%.
Agrigenomics, a cutting-edge field at the intersection of agriculture and genomics, holds great promise for revolutionizing how we approach crop and livestock improvement. At its core, agrigenomics leverages the power of genomics, including techniques like DNA sequencing and molecular markers, to better understand and manipulate the genetic makeup of plants and animals in agriculture. This field has transformative implications across the entire agri-food supply chain. One of the most significant applications of agrigenomics is in crop breeding. Breeders can develop new plant varieties with targeted improvements by identifying specific genes or markers associated with desirable traits such as high yield, disease resistance, and nutritional content. This accelerates the breeding process and enhances the precision and success rate of breeding programs.
Agrigenomics also plays a crucial role in crop protection. It enables the early detection of diseases and pests by analyzing the genetic signatures of pathogens or insects. This information allows for more precise and timely interventions, reducing the need for chemical pesticides and promoting sustainable agriculture practices. In livestock, agrigenomics is instrumental in enhancing animal health, productivity, and quality. Genetic selection based on genomic data helps breed livestock with desired traits, such as higher milk yield or meat quality. It also aids in disease management by identifying genetic markers associated with susceptibility or resistance to specific diseases. Moreover, agrigenomics contributes to sustainable agriculture by optimizing resource utilization. Precision agriculture techniques, guided by genomic data, enable farmers to make data-driven decisions regarding crop planting, fertilization, and irrigation, increasing efficiency and reducing environmental impact. Overall, agrigenomics represents a powerful tool in addressing the global challenges of feeding a growing population, mitigating the effects of climate change on agriculture, and ensuring food security. As genomic technologies continue to advance and become more accessible, the potential for agrigenomics to drive innovation and sustainability in agriculture is immense.
FutureWise Market Research has published a report that provides an insightful analysis of Agrigenomics Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts’ projects that Agrigenomics Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.