Plant Genomics Market Growth Trends: Moderate Expansion with 9.6% CAGR Until 2029

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 How Is the Plant Genomics Market Expected to Expand in Terms of Size and Growth?
 The plant genomics market size has grown strongly in recent years. It will grow from $10.99 billion in 2024 to $11.83 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased funding for genomic research, crop yield optimization, climate change challenges, collaborations in research, and consumer demand for sustainable agriculture
 
 The plant genomics market size is expected to see strong growth in the next few years. It will grow to $17.04 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to big data analytics in genomics, precision agriculture adoption, nutritional enhancement in crops, global food security concerns, and gene expression studies. Major trends in the forecast period include CRISPR and genome editing technologies, advancements in sequencing technologies, big data and bioinformatics, CRISPR and genome editing, and integration of omics technologies.
 
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 What Are the Major Factors Fueling Growth in the Plant Genomics Market?
 The increased demand for genetically modified plants is expected to propel the growth of the plant genomics market going forward. Genetically modified plants refer to biological plants that have undergone genetic modification utilizing recombinant deoxyribonucleic acid (DNA) technology. Plant genomics research benefits genetic plants by modifying their growth patterns or making them disease-resistant. Whenever a specific stretch of DNA is added to the plant’s genome, a genetically modified plant with new or different features arises. For instance, in February 2024, according to AgbioInvestor-GM, a Scotland-based analytical firm in biologicals market, the global area under GM crops increased by 1.9% in 2023 over the previous year, reaching a record 206.3 million hectares. Therefore, increased demand for genetically modified plants is driving the growth of the plant genomics market. 
 
 What Are the Major Product/Service Segments in the Plant Genomics Market?
 The plant genomics market covered in this report is segmented — 
 
 1) By Type: Molecular Engineering, Genetic Engineering, Genome Editing
 2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance
 3) By Technology: DNA And RNA Sequencing, Genotyping, Marker-Assisted Selection (MAS), Bioinformatics 
 4) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables
 
 Subsegments:
 1) By Molecular Engineering: Marker-Assisted Selection (MAS), Quantitative Trait Loci (QTL) Mapping, Gene Sequencing, Genotyping
 2) By Genetic Engineering: Gene Cloning, Transformation Techniques, RNA Interference (RNAi), Transgenic Crop Development
 3) By Genome Editing: CRISPR-Cas9, TALEN (Transcription Activator-Like Effector Nucleases), Zinc Finger Nucleases (ZFNs), Prime Editing
 
 
 
 
 
 
 What Are the Key Industry Trends Transforming the Plant Genomics Market?
 Major companies operating in the plant genomics market are focused on developing advanced solutions such as genomics technology platforms to improve crop yields and enhance plant traits. Genomics technology platforms in plants refer to advanced systems and methodologies, such as Next Generation Sequencing (NGS), CRISPR/Cas9, and RNA sequencing, that enable the comprehensive analysis of plant genomes, facilitating improvements in crop breeding, disease resistance, and overall agricultural productivity. For instance, in February 2023, Singrow Pte Ltd, a Singapore-based Agri-tech company, launched the world’s first climate-resilient strawberry variety using advanced genomics technology. This innovation aims to enhance food security and sustainability in tropical regions by enabling high-yield strawberry cultivation, reducing reliance on seasonal imports. 
 
 Which Companies Are Driving Innovation in the Plant Genomics Market?
 Major companies operating in the plant genomics market include Agilent Technologies Inc., Illumina Inc., Eurofins Scientific SE, NRGene Ltd., Keygene N.V., Neogen Corporation, QIAGEN N.V, LC Sciences, TraitGenetics GmbH, Novogene Corporation, Oxford Nanopore Technologies Limited, Genewiz Inc., BGI Group, Genotypic Technology Pvt. Ltd., Floragenex Inc., Biome Makers Spain Inc., AgBiome, GATC Biotech AG, Bionano Genomics, Verinata Health Inc., National Institute of Plant Genome Research, Chinese Academy of Agricultural Sciences, Japan International Research Center for Agricultural Sciences, Korea Institute of Plant Biotechnology, Institute of Plant Sciences Paris-Saclay, Wageningen University & Research, Ghent University 
 
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 What Are the Regional Insights for the Plant Genomics Market Forecast?
 Asia-Pacific was the largest region in the plant genomics market in 2024. The regions covered in the plant genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
 
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