Leading Agrigenomics Objective Markets Databank
The Agrigenomics market was valued at $3,216.5 Million in 2020, and is projected to reach $5,987.1 Million by 2029 growing at a CAGR of 7.20% from 2021 to 2029. Marker Assisted Selection segment is expected to be the highest contributor to this market, with $928.1 Million in 2020, and is anticipated to reach $1,859.7 Million by 2029, registering a CAGR of 8.08%. DNA/RNA Sequencing segment is anticipated to reach $756.8 Million by 2029 with the highest CAGR of 9.86%. Marker Assisted Selection and Gene Expression Profiling segments collectively expected to account for about 45.9% share of the Agrigenomics market in 2020, with the former constituting around 28.9% share. DNA/RNA Sequencing and GMO/TRAIT Purity Testing segments are expected to witness significant growth rates at a CAGR of 9.86% and 9.53% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 18.9% in the overall Agrigenomics market in 2020, and is anticipated to reach 23.3% by 2029.
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