CRISPR is the gene editing technology which has broadened from humans to animals and crops. The agriculture sector is one of the potential sectors working on technology in order to develop modified crop seed to increase crop production and quality. The technology is also being used in gene editing for livestock and aquaculture. Global CRISPR in agriculture market is growing at a substantial rate. Increasing demand for drug discovery, growing diseases in animals, the rise in biotechnology investments, increasing research on agriculture modification are some of the major factors responsible for the substantial growth of the market. Gene modification in crops is increasing demand for new technologies in the sector. Due to increasing demand for seed modification, global CRISPR in agriculture market is estimated to increase in market value during the forecast period. The demand for higher yield and the quality crop is augmenting CRISPR technology across the globe.
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Global CRISPR in agriculture market is segmented on the basis of end-user into research and academic institutes, and biotech companies. Research and academic institutes constitute a significant share in the market. On the basis of the target type, the market is segmented into crops, livestock, and aquaculture. Due to growing investment in crop improvements across the globe, market share for the segment is estimated to grow with a significant rate during the forecast period.
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In the geographic overview, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America region is growing with substantial market share due to advanced biotechnological research in agriculture. Government initiatives in the region are augmenting the growth for global CRISPR in agriculture market. Europe also constitutes a considerable share for global CRISPR in agriculture market. Europe is growing significantly due to the presence of market players in the region. Asia-Pacific region is growing with the highest rate due to a large share of agriculture-based economies throughout the globe.
Market Segmentation
Global CRISPR in Agriculture Market by End-User
- Academic & Research Institutes
- Biotech Companies
Global CRISPR in Agriculture Market by Target Type
- Crops
- Livestock
- Aquaculture
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Arcadia Biosciences
- Bayer AG
- BASF SE
- Beam Therapeutics Inc.
- Benson Hill Biosystems, Inc.
- Caribou Bioscience Inc.
- Calyxt, Inc.
- Cellectis SA
- Cibus, Ltd.
- CRISPR Therapeutics AG
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
