Dynamic Market Insights Report Reveals Strong Growth Trajectory Driven by Rising Food Demand and Technological Advances
Market valued at USD 4.5 billion in 2023, positioned to address global food security through genomic innovation
NEW YORK, July 22, 2025 – The global agrigenomics market is experiencing unprecedented growth, with projections showing the market will more than double from USD 4.5 billion in 2023 to approximately USD 9.7 billion by 2031, according to a comprehensive new report from Dynamic Market Insights. This robust expansion reflects a compound annual growth rate (CAGR) of 10.1% throughout the forecast period of 2024-2031.
Revolutionizing Agriculture Through Genomic Innovation
Agrigenomics, the strategic application of genomics in agriculture, has emerged as a transformative force in enhancing agricultural productivity, sustainability, and global food security. The market encompasses advanced technologies including next-generation sequencing (NGS), polymerase chain reaction (PCR), and microarrays to analyze the genetic makeup of crops and livestock.
"The agrigenomics market stands at the forefront of addressing some of humanity's most pressing challenges," said a spokesperson for Dynamic Market Insights. "With the global population expected to reach 9.7 billion by 2050, the exponential increase in food demand requires innovative solutions that agrigenomics is uniquely positioned to deliver."
Key Market Drivers Fueling Growth
The market's impressive growth trajectory is supported by several critical drivers:
Rising Global Food Demand: The growing global population and changing dietary preferences have intensified the need for genetically improved crops and livestock, driving substantial investment in agrigenomics research and development.
Government and Private Sector Investments: Major initiatives such as the International Wheat Genome Sequencing Consortium (IWGSC) and the African Orphan Crops Consortium (AOCC) demonstrate the collaborative commitment to advancing genetic analysis in agriculture.
Sustainability Focus: Environmental concerns and the push for sustainable agriculture practices have accelerated adoption of agrigenomics technologies that develop crops requiring fewer resources while showing enhanced resistance to pests and diseases.
Regional Market Leadership
North America currently dominates the agrigenomics market, leveraging substantial investments in agricultural research and advanced genomics technologies. The United States and Canada lead with numerous research institutions and biotech companies focused on improving crop yield and resistance.
Asia-Pacific represents the fastest-growing region, driven by countries like China, India, and Japan investing heavily in genomics research to address food security issues and enhance crop resilience to climate change.
Europe maintains significant market share with stringent focus on sustainable agriculture and organic farming, while Latin America shows considerable potential with its vast agricultural landscape.
Technology Trends Shaping the Future
The market is witnessing several transformative trends:
- Next-Generation Sequencing (NGS) Adoption: Enabling high-throughput genomic analysis for rapid and cost-effective genome sequencing
- Precision Agriculture Integration: Leveraging data analytics and IoT devices to optimize farming practices through genetic insights
- Gene Editing Advances: CRISPR-Cas9 technologies revolutionizing precise genetic modifications in crops and livestock
- Sustainable Agriculture Focus: Development of environmentally-friendly solutions including drought-tolerant crops and reduced pesticide requirements
Market Segmentation and Key Players
The agrigenomics market spans multiple applications including crops and livestock, with key objectives focusing on genotyping and marker-assisted selection. Leading companies driving innovation include:
- Agilent Technologies Inc.
- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- Eurofins Scientific Se
- Neogen Corporation
Addressing Post-Pandemic Food Security
The COVID-19 pandemic highlighted the critical importance of resilient agricultural practices, accelerating adoption of agrigenomics technologies. Despite initial challenges including supply chain disruptions and restricted fieldwork activities, the pandemic underscored the need for sustainable food production systems, leading to increased investments in agricultural innovation.
Comprehensive Market Intelligence
Dynamic Market Insights employs a meticulous research methodology combining primary and secondary research, advanced statistical analysis, and expert consultations to deliver actionable market intelligence. The comprehensive approach ensures accurate forecasting and strategic insights for stakeholders across the agrigenomics value chain.
Related Market Opportunities
The agrigenomics market intersects with several other high-growth sectors analyzed by Dynamic Market Insights, including artificial intelligence applications in clinical trials, AIoT (Artificial Intelligence of Things) technologies, and specialized service sectors like air ambulance services, demonstrating the interconnected nature of modern technology-driven markets.
About Dynamic Market Insights
Dynamic Market Insights is a leading market research company providing comprehensive analysis across diverse industries. Through systematic research processes combining quantitative and qualitative methodologies, the company delivers strategic insights that enable informed decision-making for businesses worldwide.
For detailed market analysis and strategic insights, access the complete Agrigenomics Market report and explore additional market intelligence at: https://www.dynamicmarketinsights.com/
Media Contact: Dynamic Market Insights Website: https://www.dynamicmarketinsights.com/
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Full Report Access: Agrigenomics Market – Global Growth Analysis 2024-2031: https://www.dynamicmarketinsights.com/report/agrigenomics-market-
This press release contains forward-looking statements based on current market analysis. Actual results may vary due to market conditions and other factors.