Agriculture Archivi - market report

IMARC Group’s report titled “Plant Genomics Market Report by Type (Molecular Engineering, Genetic Engineering, Genome Editing, and Others), Technology (DNA/RNA Sequencing, Genotyping, Marker-Assisted Selection (MAS), Bioinformatics, and Others), Trait ( Yield Improvement, Disease Resistance, Herbicide Tolerance, and Others), Application (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, and Others), and Region 2024-2032” . The global plant genomics market size reached US$ 10.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 17.7 Billion by 2032, exhibiting a growth rate (CAGR) of 6.33% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/plant-genomics-market/requestsample

Factors Affecting the Growth of the Plant Genomics Industry:

Advancements in Genomic Technologies:

Innovations in genomic technologies, such as next-generation sequencing (NGS) and CRISPR-Cas9 gene editing, are supporting the market growth. These advanced tools allow researchers to delve deeper into plant genomes, separating complex genetic traits and markers for crop improvement. These technologies accelerate breeding programs and facilitate the development of resilient and high-yielding crops by enabling comprehensive genome analysis and precise gene editing. Moreover, the integration of bioinformatics enhances data analysis and interpretation and improves research outcomes. Furthermore, the accessibility and affordability of these genomic tools foster innovation and collaboration within the scientific community.

Rising Focus on Crop Improvement and Breeding:

The increasing focus on crop improvement and breeding is contributing to the growth of the market. Breeders are developing crop varieties with enhanced traits, such as yield, disease resistance, and stress tolerance, requiring comprehensive genomic analysis. Plant genomics enables the identification of genetic markers associated with desirable traits, facilitating targeted breeding efforts. This approach streamlines the selection process, expediting the development of improved cultivars tailored as per specific environmental conditions. The integration of genomic technologies into breeding programs enhances efficiency and precision, which is impelling the market growth.

Increasing Adoption of Molecular Breeding Techniques:

The rising employment of molecular breeding techniques, including marker-assisted selection (MAS) and genomic selection, in the agricultural sector is supporting the market growth. These techniques leverage genomic information to inform breeding decisions, enabling breeders to select plants with desired traits at the molecular level. Molecular breeding accelerates the breeding process, reducing the time and resources required to develop improved crop varieties by facilitating the identification and utilization of genetic markers linked to target traits. Furthermore, the integration of genomic data into breeding programs enhances breeding efficiency and precision, resulting in the rapid development of elite cultivars with superior agronomic traits.

Leading Companies Operating in the Global Plant Genomics Industry:

Agilent Technologies Inc.
BGI Genomics
Eurofins Scientific SE
Floragenex Inc.
GENEWIZ Inc. (Azenta Inc.)
Illumina Inc.
Keygene N.V.
LC Sciences
Neogen Corporation
Novogene Co. Ltd.
NRGene Technologies Ltd.
Oxford Nanopore Technologies plc
Qiagen N.V.

Plant Genomics Market Report Segmentation:

By Type:

Molecular Engineering
Genetic Engineering
Genome Editing
Others

Genetic engineering represents the largest segment, which can be accredited to its ability to allow scientists to precisely modify the genetic makeup of plants.

By Technology:

DNA/RNA Sequencing
Genotyping
Marker-Assisted Selection (MAS)
Bioinformatics
Others

DNA/RNA sequencing holds the biggest market share as it offers high-throughput sequencing and enables researchers to generate large volumes of sequencing data quickly.

By Trait:

Yield Improvement
Disease Resistance
Herbicide Tolerance
Others

Herbicide tolerance accounts for the largest market share due to the rising focus on increased productivity and profitability.

By Application:

Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others

Cereals and grains exhibit a clear dominance in the market on account of the increasing need for achieving food security.

Regional Insights:

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

Asia Pacific enjoys a leading position in the plant genomics market, which can be attributed to the agro-climatic conditions favorable for cultivating a wide variety of crops.

Global Plant Genomics Market Trends:

Biotechnology companies and research institutions play a pivotal role in advancing genomic technologies, conducting advanced research, and developing innovative solutions for crop improvement. The rising focus on utilizing genetic information to address agricultural challenges is impelling the market growth. Biotechnology companies and research institutions are collaborating with academia, government agencies, and agricultural stakeholders to facilitate the translation of genomic discoveries into practical applications. The increasing demand for sustainable agricultural solutions is propelling the market growth.

Apart from this, the rising acceptance of genetically modified organisms (GMOs) crops in various regions is bolstering the market growth. Plant genomics technologies enable the development of GM crops with improved traits, such as pest resistance and drought tolerance.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group’s report titled ” Silicon Fertilizer Market Report by Type (Synthetic, Natural), Form (Liquid, Solid), Application (Field Crops, Horticultural Crops, Hydroponics, Floriculture), and Region 2024-2032 “. offers a comprehensive analysis of the industry, which comprises insights on the global silicon fertilizer market growth . The global market size reached US$ 107.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 142.2 Million by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/silicon-fertilizer-market/requestsample

Factors Affecting the Growth of the Silicon Fertilizer Industry:

Technological Advancements in Fertilizer Production:

Innovations in manufacturing processes are not only improving the efficiency and effectiveness of silicon fertilizers but also making them more environment-friendly and cost-effective to produce. Modern techniques allow for the precise formulation of silicon fertilizers that are more readily absorbed by plants, enhancing their effectiveness in promoting plant growth and health. In addition, advancements in nanotechnology are leading to the development of nano-silicon fertilizers, which offer superior performance in terms of nutrient delivery and uptake. These technological improvements are making silicon fertilizers an increasingly attractive option for farmers seeking to optimize their production sustainably.

Rise in Organic Farming Practices:

Organic agriculture mandates the use of natural inputs and prohibits synthetic chemical fertilizers, leading to higher interest in silicon-based fertilizers as a viable organic option. Silicon, being a naturally occurring element beneficial to plant growth, aligns with the principles of organic farming by improving plant structure, resistance to diseases, and stress tolerance without compromising the environment or human health. The rising demand for organically produced food, driven by health and environmental concerns, is encouraging farmers to adopt silicon fertilizers to meet organic certification standards. This trend of organic farming is not only expanding the market for silicon fertilizers but also aligning agricultural practices with sustainable development goals.

Government Policies and Subsidies:

The increasing implementation of various policies and subsidies by governing agencies aimed at enhancing agricultural productivity and sustainability are further propelling the market growth. Many governing agencies are introducing regulations and financial incentives to encourage the use of eco-friendly and efficiency-enhancing agricultural inputs. Silicon fertilizers, recognized for their role in promoting plant health and reducing the requirement for chemical pesticides, fit well within these policy frameworks. Subsidies make silicon fertilizers more accessible to farmers by reducing their costs, thereby encouraging adoption. Furthermore, policies promoting sustainable agriculture practices include guidelines that favor the use of silicon fertilizers, recognizing their benefits in improving crop resilience and yield. These government interventions play a crucial role in shaping agricultural inputs, with positive implications for the demand for silicon fertilizers.

Leading Companies Operating in the Global Silicon Fertilizer Industry:

Agripower Australia Ltd.
Jaipur Bio Fertilizers
Khandelwal Biofertilizer
MaxSil Pty Ltd.
Plant Dip
Redox Pty Ltd.
Satpura Bio Fertilizer India Private Limited
Sigma AgriScience LLC and Vedant Agrotech

Silicon Fertilizer Market Report Segmentation:

By Type:

Synthetic
Natural

Synthetic holds the biggest market share due to their widespread availability, cost-effectiveness, and higher efficiency in enhancing plant growth and resistance to pests and diseases.

By Form:

Liquid
Solid

Solid accounts for the majority of the market share accredited to their ease of storage and transportation, longer shelf life, and more precise application rates compared to liquid forms.

By Application:

Field Crops
Horticultural Crops
Hydroponics
Floriculture

Field crops represent the largest segment, as they benefit from silicon fertilization, which improves their resistance to pests, diseases, and abiotic stresses.

Regional Insights:

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

Asia Pacific dominates the market attributed to the extensive agricultural activities that are driving the demand for fertilizers to improve crop yields and soil health on large scales.

Global Silicon Fertilizer Market Trends:

Digital agriculture, encompassing tools like satellite imagery, sensors, and data analytics, allows for the precise monitoring of crop health and soil conditions. Silicon fertilizers, when combined with this precision approach, can optimize application timing and dosages, thereby maximizing the benefits of silicon in enhancing plant resilience and yield. This trend is giving rise to customized silicon fertilizer solutions tailored to specific crop needs and environmental conditions, further enhancing their effectiveness and appeal to farmers.

Additionally, the growing interest in vertical farming and controlled environment agriculture (CEA) is presenting new opportunities for silicon fertilizers.