Plant Genomics Market Dynamics: Global Industry Size and Share
Adoption of next-generation sequencing technologies and increasing application of genomics in plant breeding is expected to drive the Global Plant Genomics Market growth in the forecast period, 2024-2028. According to TechSci Research report, “ Plant Genomics Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Plant Genomics Market stood at USD 7.68 Billion in 2022 and is anticipated to grow with a CAGR of 8.26% in the forecast period, 2024-2028. The global plant genomics market is primarily driven by several key factors. First among these is the increasing demand for improved crop varieties. As the global population continues to rise, so does the necessity for high-yield crops that can sustain this growth. Advancements in plant genome sequencing technology and our understanding of plant genomes have considerably expanded, making it possible to alter plant genetics for better resilience and prod...