The latest research study “Plant Genotyping Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global plant genotyping equipment market size reached a value of US$ 614.4 Million in 2021. Looking forward, IMARC Group expects the market is anticipated to reach a value of US$ 1,103.40 Million by 2027, growing at a CAGR of 10.39% during 2022-2027.
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Plant genotyping refers to the activity of mapping genes and metabolic pathways among plants. It helps in studying germplasm characterization, diversity and evolution of different species, marker-assisted selection (MAS), and seed purity. Plant genotyping is carried out depending on the need, such as microarrays that enable high-throughput screening of known genomic markers to inform breeding and selection decisions. These equipment are of several types, including SNP genotyping, real-time PCR instruments, DNA analyzer, liquid handler, etc. The leading players are developing real-time polymerase chain reaction (PCR) equipment for high volume, variability breeding, and quality management. As a result, plant genotyping equipment finds extensive usage across greenhouses, fields, laboratories, etc.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Plant Genotyping Equipment Market Trends and Drivers:
The escalating demand for agricultural products owing to the rising population across countries, rapid urbanization, increasing income levels, changing dietary preferences, etc., is primarily driving the plant genotyping equipment market.
Besides this, the utilization of these instruments to study the behavior of genotypes under certain environmental conditions for sustainable and stable crop production, along with the elevating adoption of modern farming practices, are also augmenting the market growth. Apart from this, the growing requirement for the equipment in genotyping studies to identify variants associated with desired phenotypic traits is further catalyzing the global market.
Moreover, the launching of policies by the government bodies in supporting agricultural research, the provision of credit and infrastructure, improving crop production, etc., is expected to bolster the plant genotyping equipment market in the coming years.
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|Plant Genotyping Equipment Market Report Scope|
|Market size value in 2021||US$ 614.4 Million|
|Market forecast in 2027||US$ 1,103.40 Million|
|Growth Rate||CAGR of 10.39% from 2022 to 2027|
|Base year for estimation||2021|
Global Plant Genotyping Equipment Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Plant Genotyping Equipment Companies:
Agilent Technologies Inc., BGI Genomics, Eurofins Scientific, Evogene Ltd., Illumina Inc., LGC Biosearch Technologies, Merck KgaA, Oxford Nanopore Technologies Limited, PerkinElmer Inc., Promega Corporation and Thermo Fisher Scientific.
The report has segmented the market on the basis of region, equipment, application and end use.
Breakup by Equipment:
- SNP Genotyping Equipment
- Real-time PCR Instrument
- DNA Analyzer
- Liquid Handler
Breakup by Application:
- Plant Research
- Product Development
- Quality Assessment
Market Breakup by End Use:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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