Tag: genetic engineering plant genomics market forecast

Uncover key drivers, emerging technologies, and competitive movements shaping the genetic engineering plant genomics market from 2026–2035 with trusted insights from The Business Research Company

How much is the Genetic Engineering Plant Genomics Market valued at in 2026, and what valuation is forecast for 2030?

The genetic engineering plant genomics market has seen rapid growth in recent years. It is anticipated to expand from $46.41 billion in 2025 to $53.65 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 15.6%. This historical growth can be linked to developments in plant biotechnology research, a rising demand for increased crop yields, the wider adoption of genetically modified crop cultivation, advancements in sequencing technologies, and growing financial investment from both public and private sources.

The genetic engineering plant genomics market is projected to experience swift expansion over the coming years, reaching a valuation of $90 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 13.8%. This expansion during the forecast period is propelled by factors such as the greater acceptance of precision breeding methods, a heightened emphasis on developing climate-resilient crops, the broadening of genome editing regulatory approvals, escalating investments in sustainable agricultural technologies, and a surging need for crop traits that optimize resource utilization. Key trends anticipated during this period encompass the growing implementation of CRISPR-based genome editing in crops, a sharpened focus on plant varieties resistant to abiotic stress, the increasing incorporation of genomic data analytics, the broader development of trait-specific crops, and a stronger commitment to sustainable crop enhancement.

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What Drivers Are Influencing The Growth Of The Genetic Engineering Plant Genomics Market?

The increasing apprehension regarding food security is projected to fuel the expansion of the genetic engineering plant genomics market going forward. Food security is defined as a state where all individuals consistently have access to sufficient, safe, and nutritious food necessary for a healthy and active life. These growing concerns about food security arise from factors such as climate change, economic instability, and an expanding global population, which collectively threaten the availability and accessibility of food. Genetic engineering within plant genomics improves food security by developing crops that are more resilient to pests, diseases, and environmental stresses, thereby boosting agricultural productivity and stabilizing the food supply. For instance, in January 2025, according to the US Department of Agriculture, a US-based government agency responsible for food security statistics, 13.5 percent of US households or 18.0 million households experienced food insecurity at some point during 2023, an increase compared with 12.8 percent or 17.0 million households in 2022. Consequently, the escalating worries about food security are anticipated to drive the growth of the genetic engineering plant genomics market.

How Is The Genetic Engineering Plant Genomics Market Organized Into Various Segments?

The genetic engineering plant genomics market covered in this report is segmented –

1) By Type: Molecular Engineering, Genetic Engineering And Genome Editing, Other Types

2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance And Insect Resistance, Abiotic Stress Tolerance

3) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Sugar Crops, Ornamentals, Alfalfa

Subsegments:

1) By Molecular Engineering: Gene Synthesis And Cloning, Protein Engineering, Enzyme Engineering, Marker-Assisted Selection

2) By Genetic Engineering And Genome Editing: CRISPR/Cas9 Technology, TALENs (Transcription Activator-Like Effector Nucleases), ZFNs (Zinc Finger Nucleases), RNA Interference (RNAi), Agrobacterium-mediated Transformation

3) By Other Types: Synthetic Biology In Plant Genomics, Epigenetic Engineering, Horizontal Gene Transfer

How Are New Market Trends Shaping The Landscape Of The Genetic Engineering Plant Genomics Market?

Leading companies in the genetic engineering plant genomics market are prioritizing technological innovations, such as automated molecular breeding genotyping solutions, to enhance the precision and efficiency of crop breeding processes. An automated molecular breeding genotyping solution represents a system capable of efficiently and accurately processing substantial volumes of plant samples through the application of computerized technologies and software, thereby streamlining genetic analysis for breeding programs. For instance, in June 2024, MGI Tech, a China-based biotechnology company, launched a complete workflow solution tailored for large-scale low-pass whole genome sequencing in agriculture. This new solution encompasses an automated, full-process product portfolio specifically designed for widespread molecular breeding and genotyping of agricultural diploid species. The low-pass WGS solution, bolstered by MGI’s automation platforms, overcomes the limitations of conventional library preparation by achieving ultra-high throughput with minimal equipment. It enables swift, cost-effective large-scale library preparation and supports high throughput using the DNBSEQ-T7 sequencer, as well as medium throughput with the DNBSEQ-G400 benchtop sequencer, proving ideal for agricultural genomics research.

Who Are The Primary Competitors In The Global Genetic Engineering Plant Genomics Market?

Major companies operating in the genetic engineering plant genomics market are BASF SE, Bayer AG, Thermo Fisher Scientific Inc., Suntory Holdings Limited, Corteva Inc., DuPont de Nemours Inc, Eurofins Scientific SE, Agilent Technologies Inc, ADAMA Ltd, Illumina Inc, PerkinElmer Inc., Beckman Coulter Inc., Bio-Rad Laboratories, Zhejiang Xinan Chemical Industrial Group Co Ltd, UPL Limited, Qiagen N.V., Novogene Co Ltd, KWS SAAT SE & Co KGaA, Vilmorin & Cie, Neogen Corporation, Rubicon Genomics Inc, Verdesian Life Sciences LLC, GeneWiz Inc, Genotypic Technology Pvt Ltd, Syngenta AG, Keygene NV

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Which Regions Are Poised For Strategic Growth In The Genetic Engineering Plant Genomics Market?

Asia-Pacific was the largest region in the genetic engineering plant genomics market in 2025. The regions covered in the genetic engineering plant genomics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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What is the Projected CAGR for the Genetic Engineering Plant Genomics Market Size from 2025 to 2034?

The market size of plant genomics in genetic engineering has seen fast-paced growth in the past years. The value is set to increase from $40.08 billion in 2024 to $46.41 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.8%. Factors such as government funding, advances in technology, the demand for agriculture that’s sustainable, growing population, and public understanding and endorsement have played a significant role in the expansion witnessed during the past period.

The market size of plant genomics in genetic engineering is anticipated to experience swift expansion in the coming years, soaring to $82.59 billion by 2029 at a compound annual growth rate (CAGR) of 15.5%. Factors contributing to the growth during this forecast period include regulatory transparency, proliferation into emerging markets, individual customization and adaptation to climate change, and integration with digital technologies. Key trends to lookout for in this phase include heightened use of CRISPR-Cas9 technology, advancement in precision agriculture practices, increasing demand for biofortified crops and widening application of gene editing beyond just crops.

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How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the Genetic Engineering Plant Genomics Market?

The increasing worries about food security are anticipated to drive the expansion of the genetic engineering plant genomics industry. Food security is characterized as a situation where everyone has consistent access to a sufficient quantity of safe and nutritious food that allows them to lead a healthy and energetic life. The growing anxiety about food security is caused by factors like environmental changes, financial instability, and the escalating global population, which risk the availability and obtainability of food. Genetic engineering in plant genomics improves food security by generating crops that are more resistant to pests, diseases, and environmental strains, thus boosting agricultural productivity and stability of the food supply. As an example, in October 2023, as per the US Department of Agriculture (USDA), a US federal agency responsible for forestry, farming, food, and rural economic advancement, 87.2% (115.8 million) of US homes achieved food security, representing a significant fall from the 89.8% (118.5 million) reported in 2021. Furthermore, 7.7% (10.2 million) of US households had low food security in 2022. As such, the escalating worries about food security are projected to boost the expansion of the genetic engineering plant genomics market.

Which Primary Segments of the Genetic Engineering Plant Genomics Market Are Driving Growth and Industry Transformations?

The genetic engineering plant genomics market covered in this report is segmented –

1) By Type: Molecular Engineering, Genetic Engineering And Genome Editing, Other Types

2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance And Insect Resistance, Abiotic Stress Tolerance

3) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Sugar Crops, Ornamentals, Alfalfa

Subsegments:

1) By Molecular Engineering: Gene Synthesis And Cloning, Protein Engineering, Enzyme Engineering, Marker-Assisted Selection

2) By Genetic Engineering And Genome Editing: CRISPR/Cas9 Technology, TALENs (Transcription Activator-Like Effector Nucleases), ZFNs (Zinc Finger Nucleases), RNA Interference (RNAi), Agrobacterium-mediated Transformation

3) By Other Types: Synthetic Biology In Plant Genomics, Epigenetic Engineering, Horizontal Gene Transfer

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What Are the Fastest-Growing Geographies in the Genetic Engineering Plant Genomics Market?

Asia-Pacific was the largest region in the genetic engineering plant genomics market in 2023. The regions covered in the genetic engineering plant genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which Technological Trends Are Reshaping the Genetic Engineering Plant Genomics Industry Dynamics?

The leading companies in the plant genomics market related to genetic engineering are concentrating on technological enhancements like automated molecular breeding genotyping solutions, contributing to increased accuracy and efficacy in crop breeding activities. This system uses computerized technologies and software to process large quantities of plant samples efficiently and correctly, thereby optimizing genetic analysis for breeding schemes. For example, in June 2024, MGI Tech, a biotech firm based in China, introduced an end-to-end solution for large-scale low-pass whole genome sequencing in agriculture. This innovative solution includes an automated full-process product range that caters to large-scale molecular breeding and genotyping of agricultural diploid species. The MGI-enhanced low-pass WGS solution breaks past the traditional library preparation constraints by achieving ultra-high throughput using minimal tools. It promotes quick and economical large-scale library preparation and backs high throughput with the DNBSEQ-T7 sequencer as well as medium throughput with the DNBSEQ-G400 benchtop sequencer, making it perfect for agricultural genomics research.

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What Parameters Are Used to Define the Genetic Engineering Plant Genomics Market?

Genetic engineering in plant involves modifying the genetic material of plants to introduce or alter specific traits, while plant genomics is the study of the entire genetic makeup of plants, including their genes and DNA sequences, to understand their functions and interactions. It enhances crop characteristics, improves agricultural productivity, and promotes sustainable farming practices.

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How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theGenetic Engineering Plant Genomics Market?

The escalating anxieties regarding food safety are predicted to stimulate the expansion of the genetic engineering plant genomics market. The term food security refers to the consistent availability of sufficient, nutritious, and safe food for every individual to sustain a healthy and active lifestyle. These growing anxieties are primarily influenced by circumstances like climatic changes, financial instability, and the increasing global population, which jeopardize the adequacy and accessibility of food. Genetic engineering in plant genomics boosts food safety by creating crops that are harder for pests, diseases, and environmental pressures, thus enhancing agricultural effectiveness and steadiness in food supply. For example, the US Department of Agriculture (USDA), a federal department in the U.S. for forestry, farming, food, and rural economic development, revealed in October 2023 that 87.2% (115.8 million) of US households secured food security, showing a meaningful decrease from the 89.8% (118.5 million) reported in 2021. In addition, 7.7% (10.2 million) of US households faced low food security in 2022. Hence, the surging anxieties about food safety are anticipated to stimulate the expansion of the genetic engineering plant genomics market.

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#What is the Projected CAGR for the Genetic Engineering Plant Genomics Market Size from 2025 to 2034?

The market size for plant genomics in genetic engineering has experienced a quick expansion in the latest years. The growth is expected from $40.08 billion in 2024 to $46.41 billion in 2025, showing a compound annual growth rate (CAGR) of 15.8%. Reasons for this growth during the historic period can include government financial backing, advances in technology, increased demand for sustainable farming, population growth, as well as greater public awareness and acceptance.

Rapid expansion is anticipated for the genetic engineering plant genomics market in the forthcoming years, with its value predicted to reach $82.59 billion in 2029, marking a compound annual growth rate (CAGR) of 15.5%. This significant growth over the forecast period can be credited to factors such as regulatory clarity, movement into emerging markets, customization and personalization, integration with digital technologies, and adaptability to climate change. Over the same period, we expect to see several key trends including, increased utilization of CRISPR-Cas9 technology, growth in precision agriculture methods, burgeoning demand for biofortified crops, and further extension of gene editing applications beyond crops.

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What Are the Current Market Growth and Trends in theGenetic Engineering Plant Genomics Market That Industry Players Should Watch?

Leading companies in the plant genomics market that specialize in genetic engineering are prioritizing tech advancements such as automated molecular breeding genotyping solutions, in order to increase the accuracy and efficiency of crop breeding procedures. This type of platform, which uses innovative computer technologies and software, allows for effective and precise processing of a large number of plant samples to facilitate genetic analysis in breeding programs. For example, MGI Tech, a biotechnology company from China, in June 2024, introduced a comprehensive workflow solution for massive agricultural whole genome sequencing. This cutting-edge solution comprises a completely automated product range that’s created for massive agricultural molecular breeding and genotyping of diploid species. Thanks to MGI’s automation platforms, the whole genome sequencing solution overcomes the usual limitations of library preparation, offering ultra-high throughput with a minimum set of tools. Furthermore, it facilitates quick, financially viable extensive library preparation and supports high throughput with the DNBSEQ-T7 sequencer and medium throughput with the DNBSEQ-G400 Benchtop sequencer – a perfect fit for research in agricultural genomics.

What Are the Major Market Players Making an Impact on theGenetic Engineering Plant Genomics Market Growth?

Major companies operating in the genetic engineering plant genomics market are BASF SE, Bayer AG, Thermo Fisher Scientific Inc., Suntory Holdings Limited, Corteva Inc., DuPont de Nemours Inc, Eurofins Scientific SE, Agilent Technologies Inc, ADAMA Ltd, Illumina Inc, PerkinElmer Inc., Beckman Coulter Inc., Bio-Rad Laboratories, Zhejiang Xinan Chemical Industrial Group Co Ltd, UPL Limited, Qiagen N.V., Novogene Co Ltd, KWS SAAT SE & Co KGaA, Vilmorin & Cie, Neogen Corporation, Rubicon Genomics Inc, Verdesian Life Sciences LLC, GeneWiz Inc, Genotypic Technology Pvt Ltd, Syngenta AG, Keygene NV

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How Are the Key Segments of the Genetic Engineering Plant Genomics Market Driving Opportunities and Innovations?

The genetic engineering plant genomics market covered in this report is segmented –

1) By Type: Molecular Engineering, Genetic Engineering And Genome Editing, Other Types

2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance And Insect Resistance, Abiotic Stress Tolerance

3) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Sugar Crops, Ornamentals, Alfalfa

Subsegments:

1) By Molecular Engineering: Gene Synthesis And Cloning, Protein Engineering, Enzyme Engineering, Marker-Assisted Selection

2) By Genetic Engineering And Genome Editing: CRISPR/Cas9 Technology, TALENs (Transcription Activator-Like Effector Nucleases), ZFNs (Zinc Finger Nucleases), RNA Interference (RNAi), Agrobacterium-mediated Transformation

3) By Other Types: Synthetic Biology In Plant Genomics, Epigenetic Engineering, Horizontal Gene Transfer

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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theGenetic Engineering Plant Genomics Market?# Market Expansion?

Asia-Pacific was the largest region in the genetic engineering plant genomics market in 2023. The regions covered in the genetic engineering plant genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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How Will the CAGR of the Genetic Engineering Plant Genomics Market Influence Its Overall Growth by 2034?

The market size for plant genomics in genetic engineering has seen a rapid expansion in the past few years. It is projected to expand from a value of $40.08 billion in 2024 to a staggering $46.41 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 15.8%. Several factors contributed to this growth in the historical period, including governmental financial support, advancements in technology, the surging demand for sustainable agriculture methods, population growth, and a rise in public knowledge and acceptance.

In the upcoming years, we can anticipate a swift expansion in the genetic engineering plant genomics market. Predictions state that this market will attain a value of $82.59 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.5%. The expected growth during this forecast period can be linked to regulatory transparency, market development in emerging economies, customization and personalization, incorporation of digital technologies, and adaptation to climate changes. Key trends during this period will comprise of increased use of CRISPR-Cas9 technology, growth in precision farming, heightened demand for biofortified crops, and expansion of gene editing usages beyond merely crops.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the Genetic Engineering Plant Genomics Market?

The escalating apprehensions regarding food security are anticipated to fuel the expansion of the genetic engineering plant genomics market in the future. The concept of food security involves the ability of all people to have regular availability of sufficient, safe, and nutritious food to sustain a vibrant, healthy life. The growing concerns of food security arise due to the impact of climate change, economic fluctuations, and the rising global populace, which pose threats to the sufficiency and availability of food. The application of genetic engineering within plant genomics bolsters food security by creating crops more resistant to various pests, diseases, and environmental strains, thereby boosting agricultural yield and the stability of food supplies. For instance, as reported by the US Department of Agriculture (USDA) in October 2023, an American federal department overseeing forestry, farming, food, and rural economic development, 87.2% (equating to 115.8 million) of US households secured food supply, marking a statistically significant decline from the 89.8% (or 118.5 million) recorded in 2021. Furthermore, approximately 7.7% (equivalent to 10.2 million) of US households faced low food security in 2022. Consequently, the intensifying apprehensions surrounding food security are projected to stimulate the growth of the genetic engineering plant genomics market.

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Who Are the Leading Companies Pioneering Change in the Genetic Engineering Plant Genomics Market?

Major companies operating in the genetic engineering plant genomics market are:

• Home Instead Senior Care Incorporated_x000D_

• Pfizer Inc._x000D_

• F. Hoffmann-La Roche AG_x000D_

• Merck & Co. Inc._x000D_

• Bristol-Myers Squibb Company_x000D_

What Are the Most Significant Trends Transforming the Genetic Engineering Plant Genomics Market Today?

Key players in the genetic engineering plant genomics market are concentrating on technological innovations such as automated molecular breeding genotyping solutions to increase accuracy and streamline crop breeding processes. This technology efficiently processes large quantities of plant samples using computerized technologies and software to simplify genetic analysis for breeding plans. For example, MGI Tech, a biotechnology firm based in China, introduced an entire workflow solution for large-scale, low-pass whole genome sequencing for agriculture in June 2024. The novel system involves an automated full-process product portfolio specifically designed for extensive molecular breeding and genotyping of agricultural diploid species. MGI’s automation platforms boost this low-pass WGS solution, bypassing typical library preparation obstacles by achieving high output with a minimal toolset. It facilitates speedy, financially viable large-scale library preparation and sustains high throughput with the DNBSEQ-T7 sequencer, and medium throughput with the DNBSEQ-G400 benchtop sequencer, making it perfect for agricultural genomics research.

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What Are the Core Segments of the Genetic Engineering Plant Genomics Market, and How Do They Contribute to Growth?

The genetic engineering plant genomics market covered in this report is segmented –

1) By Type: Molecular Engineering, Genetic Engineering And Genome Editing, Other Types

2) By Trait: Yield Improvement, Disease Resistance, Herbicide Tolerance And Insect Resistance, Abiotic Stress Tolerance

3) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Sugar Crops, Ornamentals, Alfalfa

Subsegments:

1) By Molecular Engineering: Gene Synthesis And Cloning, Protein Engineering, Enzyme Engineering, Marker-Assisted Selection

2) By Genetic Engineering And Genome Editing: CRISPR/Cas9 Technology, TALENs (Transcription Activator-Like Effector Nucleases), ZFNs (Zinc Finger Nucleases), RNA Interference (RNAi), Agrobacterium-mediated Transformation

3) By Other Types: Synthetic Biology In Plant Genomics, Epigenetic Engineering, Horizontal Gene Transfer

Which Regions Are Leading the Charge in Genetic Engineering Plant Genomics Market Development?

Asia-Pacific was the largest region in the genetic engineering plant genomics market in 2023. The regions covered in the genetic engineering plant genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Is the Definition of the Genetic Engineering Plant Genomics Market Impacting Future Growth?

Genetic engineering in plant involves modifying the genetic material of plants to introduce or alter specific traits, while plant genomics is the study of the entire genetic makeup of plants, including their genes and DNA sequences, to understand their functions and interactions. It enhances crop characteristics, improves agricultural productivity, and promotes sustainable farming practices.

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What is the Expected Expansion Rate of the Genetic Engineering Plant Genomics Market in the 2024-2033 Forecast?
The genetic engineering plant genomics market has grown rapidly in recent years. It is projected to rise from $34.7 billion in 2023 to $40 billion in 2024, at a CAGR of 15.5%. Key growth factors include government funding, technological advancements, demand for sustainable agriculture, and rising public awareness.

The genetic engineering plant genomics market is projected to grow rapidly, reaching $71.57 billion by 2028 at a CAGR of 15.6%. Growth factors include regulatory clarity, expansion into emerging markets, customization, integration with digital technologies, and adaptation to climate change. Major trends consist of increased adoption of CRISPR-Cas9 technology, growth in precision agriculture practices, rising demand for biofortified crops, and expansion of gene editing applications beyond crops.

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What Factors Are Catalyzing the Growth of the Insights into the Future Growth Potential of the Genetic Engineering Plant Genomics Market 2024-2033 Market?
The increasing concerns about food security are expected to drive growth in the genetic engineering plant genomics market. Food security ensures everyone has reliable access to sufficient, safe, and nutritious food. Climate change and a growing population heighten food security concerns. Genetic engineering enhances crop resilience, supporting agricultural productivity. In October 2023, the USDA reported that 87.2% of U.S. households maintained food security in 2022, a decline from previous years. Thus, rising food security concerns will promote growth in the genetic engineering plant genomics market.

Which Segments Are Important in the Genetic Engineering Plant Genomics Market Landscape?
1) By Type: Molecular Engineering; Genetic Engineering And Genome Editing; Other Types
2) By Trait: Yield Improvement; Disease Resistance; Herbicide Tolerance And Insect Resistance; Abiotic Stress Tolerance
3) By Application: Cereals And Grains; Oilseeds And Pulses; Fruits And Vegetables; Sugar Crops; Ornamentals; Alfalfa

What Are the Groundbreaking Trends in the Genetic Engineering Plant Genomics Market?
In the genetic engineering plant genomics market, companies are enhancing crop breeding processes with automated molecular breeding solutions. For example, in June 2024, MGI Tech introduced a workflow solution for large-scale low-pass whole genome sequencing, optimizing efficiency in agricultural genomics.

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What Are the Key Regions Powering Growth in the Genetic Engineering Plant Genomics Market?
Asia-Pacific was the largest region in the genetic engineering plant genomics market in 2023. The regions covered in the genetic engineering plant genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Genetic Engineering Plant Genomics Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the genetic engineering plant genomics market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Genetic Engineering Plant Genomics Market Include

1. Genetic Engineering Plant Genomics Market Executive Summary
2. Genetic Engineering Plant Genomics Market Segments
3. Genetic Engineering Plant Genomics Market Size And Template Market Growth Rate
4.  Key Genetic Engineering Plant Genomics Market Trends
5. Major Genetic Engineering Plant Genomics Market Drivers
……
25. Key Mergers And Acquisitions In The Genetic Engineering Plant Genomics Market
26. Top Genetic Engineering Plant Genomics Companies
27. Genetic Engineering Plant Genomics Market Opportunities And Strategies
28. Genetic Engineering Plant Genomics Market, Conclusions And Recommendations
29. Appendix

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