North America Agrigenomics Market 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. Illumina Hi Seq Family segment is expected to be the highest contributor to this market, with $1,158.1 Million in 2020, and is anticipated to reach $2,031.1 Million by 2029, registering a CAGR of 6.49%. Solid Sequencers segment is anticipated to reach $643.2 Million by 2029 with the highest CAGR of 8.81%. Illumina Hi Seq Family and Sanger Sequencing segments collectively expected to account for about 55.8% share of the Agrigenomics market in 2020, with the former constituting around 36.0% share. Solid Sequencers and Pacbio Sequencers segments are expected to witness significant growth rates at a CAGR of 8.81% and 8.75% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 23.0% in the overall Agrigenomics market in 2020, and is anticipated to reach 26.3% by 2029.
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