Genetic Engineering in Agriculture Market Trends and Scope Analysis Report | Industry Size, Growth Opportunities to 2028
The global genetic engineering in agriculture market size has been significantly robust in 2020 and is expected to register a rapid revenue CAGR during the forecast period
NEW YORK CITY, NEW YORK, USA, Feb. 28, 2022 /EINPresswire.com/ — The global genetic engineering in agriculture market research report released by Reports and Data is an investigative report that offers lucrative data to help businesses, stakeholders and investors make informed decisions in the current market scenario. The report also has a dedicated section that offers an in-depth analysis of key companies engaged in the market along with their detailed profiles and position in the market.
Genetic engineering technology has dramatically reduced the time otherwise required for the production of new and innovative commercially diverse crops. Genetic engineering has become a viable substitute for conventional plant breeding techniques in recent years and has become an integral part of improving agricultural crops. Genetic engineering is used to modify the genome or genetic material of living organisms and introduce specific new traits into the plant or animal by direct manipulation of the genome. Genetic engineering in agriculture has resulted in increased crop yield, reduced feed costs, increased resistance to crop pests and diseases, and greater food security.
Genetic engineering has enabled the production of more crops, streamlining the development of new foods with desired traits, and increasing the rate of crop growth, and these benefits are expected to drive the adoption of these advanced solutions in agriculture. and further drive market revenue growth. before.
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Rapid advancements in next-generation genetic engineering techniques, the advent of CRISPR technology, and growing awareness of the benefits of gene editing in agriculture are other factors expected to drive the revenue growth of the market during the forecast period. Genetic engineering has enabled the production of more crops, streamlining the development of new foods with desired traits, and increasing the rate of crop growth, and these benefits are expected to drive the adoption of these advanced solutions in agriculture. and further drive market revenue growth. before.
Some of the key players profiled in the report include:
• Eurofins Scientific
• Illumina, Inc.
• Agilent Technologies
• Qiagen SA
• Neogen Corporation
• Traitgenetics GmbH
• Novogen Corporation
• Oxford nanopore technologies
The report also highlights recent product advancements and developments, technological developments, and R&D activities along with market size, market share, revenue share, and growth, current and emerging trends, and segments. of the Genetic Engineering in Agriculture market. Moreover, the report also imparts strategic recommendations to new entrants as well as established players to help them capitalize on the growth prospects of the market.
The reports assess crucial aspects of the market such as revenue generation, relationship between supply and demand, market dynamics, value and market share, CAGR, price volatility, market share , import/export, production and consumption patterns, among others. The report also deploys advanced analytical tools such as SWOT analysis and Porter’s five forces analysis along with feasibility analysis and investment return analysis.
The growing demand for food across the world has increased the need to better manage and cultivate important crops. The increasing application of satellite imagery, drone technology and precision farming has further improved farming practices, thereby increasing profits and incomes. The increasing incidence of unpredictable weather and extreme climates has further heightened the need for better water management practices and technologies. Furthermore, the integration of IoT and data analytics has further accelerated the adoption of smart agriculture technology and is expected to contribute significantly to the market revenue growth.
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Genetic Engineering in Agriculture Market Segmentation:
Technical Outlook (Revenue, USD Million; 2018-2028)
• DNA and RNA sequencing
• GMO trait purity test
• Gene expression profiling
Application Outlook (Revenue, USD Million; 2018-2028)
• Cereals and grains
• Fruits and vegetables
• Oilseeds and pulses
End-Use Outlook (Revenue, USD Million; 2018-2028)
• Performance improvement
• Disease resistance
• Tolerance to herbicides
The report also analyzes key geographical locations for market share, market size, revenue generation, production and consumption rate, import/export, and other factors. Regions analyzed include North America, Latin America, Europe, Asia-Pacific, Middle East & Africa along with country-by-country analysis to better understand the market.
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Genetic Engineering in Agriculture Market Report Overview:
• Introduction, product scope, market overview and opportunities
• Manufacturers Analysis with Sales, Revenue and Price Analysis
• Complete analysis of the competitive landscape
• Detailed profiling of key competitors along with their business strategies and market size
• Regional analysis of the market as well as sales, revenue, market share and global position
• Market analysis by country with types, applications and manufacturing
• Strategic recommendations to established players as well as new entrants
• In-depth analysis of the risks, constraints and limitations of the genetic engineering industry in agriculture
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