Agricultural Genomics Market 2023 – Industry Analysis, Size, Share and Forecast to 2035

Market Overview

The Agricultural Genomics Market is the use of genomics in agriculture to enhance the productivity, sustainability, and resilience of crops and livestock. It involves technologies such as DNA sequencing, genotyping, and bioinformatics to examine the genetic composition of plants and animals. The main goals of agricultural genomics are to increase crop yield, enhance resistance to pests and diseases, and minimize reliance on chemical inputs, all of which lead to more sustainable agriculture.

This market has picked up significantly over the past few years because of the increasing global food demand and the necessity for climate-resilient agriculture. The market is propelled by the combination of cutting-edge molecular biology tools with conventional breeding techniques, resulting in fast developments in plant genome sequencing for crop improvement. Based on market estimates, the global market for agricultural genomics was estimated to be more than USD 4.3 billion in 2024 and is expected to register a CAGR of around 9.2% from 2025 to 2035.

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Major Market Drivers

  1. Climbing Food Demand and Climate Pressure

One of the major driving factors of the growth of the agricultural DNA sequencing market is growing pressure on world agriculture to supply the food needs of an expanding population. The world population is projected to be 9.7 billion by the year 2050, which will require a 60% boost in food production. Genomics provides accurate instruments to improve yield, maximize breeding, and develop drought-resistant and pest-resistant crop varieties. Genomic methods assist in the production of crops that are capable of adapting to varying environmental conditions, making agriculture less susceptible to climate change.

  1. Government and Private Sector Investments

More funding from public institutions and private agritech firms has boosted the growth of the agricultural biotechnology and genomics research market. For instance, in the United States, the USDA and National Science Foundation have invested millions in genomics research aimed at crop improvement. Moreover, collaborations between agricultural genomics companies and research institutions have fueled innovations. In 2023, more than USD 1.2 billion of venture capital entered ag-genomics startups worldwide, reflecting investor optimism in the long-term prospects of the industry.

Genomic Sequencing as a Technology Segment

The genomic sequencing technology in agriculture market leads the technology segment because of its broad applicability and accuracy. The technology facilitates complete genome mapping in crops and livestock, making it possible to identify the favored features for selective breeding. Growing affordability and efficiency in the next-generation sequencing (NGS) technologies have been the prime drivers. As sequencing prices fall dramatically from $10,000 per genome in the last decade to below $500 currently more farm companies are taking up plant genome sequencing for precision farming. The market for this sector is expected to grow vigorously, especially with the addition of AI and big data analytics to better interpret genomic information.

Crop as an Application Segment

Crops represent the largest and fastest-growing application segment in the agricultural genomics for crop improvement market. This segment’s growth is primarily driven by the urgent need to enhance crop yield, disease resistance, and climate adaptability. Crops like corn, wheat, rice, and soybeans have seen major genetic advancements through genomics. For instance, genomics has been instrumental in developing non-GMO drought-tolerant maize and disease-resistant wheat strains, both of which have been adopted in large-scale farming. As food security becomes a critical issue globally, the demand for crop genomic solutions will continue to surge, making this a cornerstone of the market.

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Regional Analysis

North America holds the largest share of the agricultural genomics market in North America, primarily due to strong research infrastructure, high R&D investments, and supportive government initiatives. The U.S., in particular, has a well-established agricultural biotech sector, with organizations like USDA and private giants like Monsanto (now Bayer) leading the charge in agricultural genomics. High adoption rates of precision farming and biotech crops further boost the market in this region.

The European agricultural genomics market is growing steadily, driven by increasing regulatory support for sustainable agriculture and rising demand for organic, non-GMO food. Countries like Germany, the Netherlands, and France are investing in genomics for crop enhancement and animal breeding to reduce environmental footprints. The EU’s Farm to Fork strategy, which promotes sustainable food systems, has indirectly encouraged genomics research to meet its ambitious goals for climate neutrality and food security.

Global Agricultural Genomics Market Competition

The global agricultural genomics companies landscape is highly competitive, featuring a mix of biotechnology giants, agribusiness firms, and emerging startups. Key players include Illumina Inc., Eurofins Scientific, Thermo Fisher Scientific, Agilent Technologies, Biogenetic Services Inc., and Neogen Corporation. These companies compete through product innovation, strategic partnerships, and mergers and acquisitions. For example, Illumina has expanded its agricultural genomics portfolio by collaborating with research institutions for crop genome projects, while Eurofins Scientific has focused on expanding its testing services globally.

Competitive strategies in agricultural biotechnology markets include investing in precision breeding platforms, AI-based genomic analysis, and localized product offerings tailored to regional crops and livestock. As demand for sustainable and high-efficiency agriculture rises, competition is expected to intensify, pushing further innovation in next-generation agricultural genomics technologies.

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