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Global $12 26 Billion Plant Genomics Market Analysis and Forecast to 2025 - Increasing Opportunities for Using Next-Generation Sequencing Technologies

Share this article Share this article ResearchAndMarkets.com s offering. The global plant genomics market is projected to grow from $7.26 billion in 2020 to $12.26 billion by 2025, at a CAGR 11.06% from 2020 to 2025. The growth in plant genomics market is expected to be driven by the rising need for improved crop traits, increasing need to reduce crop losses, and reducing cost of DNA sequencing and synthesizing. Plant genomics caters to several applications such as yield management, diseases resistance, and herbicide tolerance. The utilization of technologies in plant genomics, such as DNA/RNA sequencing, genotyping, marker-assisted selection and bioinformatics, is expected to augment the growth of plant genomics in the technology sector. Moreover, depleting agricultural land and increasing demand for fresh agricultural produce all around the year are expected to propagate the growth of plant genomics market.

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