Global Agrigenomics Revenue Is Nearly 3.46 Billion USD In 2016
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In the last several years, global market of Agrigenomics developed rapidly, with an average growth rate of 7.3%. In 2016, global revenue of Agrigenomics is nearly 3.46 billion USD.
The classification of Agrigenomics includes Illumina HiSeq, Sanger Sequencer, PacBio Sequencer, SOLiD Sequencer and Other, The revenue of Illumina HiSeq is about 1500 M USD in 2016, with its revenue market share 43.7%. And the revenue market share of SOLiD Sequencer is 31.7% in 2016.
Agrigenomics is widely used in Crops and Livestock. The most proportion of Agrigenomics is used in Crops, and the proportion is about 75.6% in 2016.
North America region is the largest supplier of Agrigenomics, with a revenue market share nearly 51% in 2016. Europe is the second largest supplier of Agrigenomics, enjoying revenue market share nearly 19.6% in 2016.
North America is the largest sales place, with a consumption value market share nearly 34.3% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 19.8% in 2016. China is an important market of Agrigenomics in Asia, accounting for 6.9% revenue market share and 11% sales revenue market share of global market.
That is to say, there are a large number of exports in North America, while North America also is the largest consumption region.
Thermo Fisher Scientific, Illumina, Agilent Technologies are the leaders of the industry, with 33% market share in 2016, and hold key technologies and patents. Other manufactures’ products are used to meet local demand. With further expanding market, there will be more players in the future.