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.

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.

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.

Global CRISPR in agriculture market comprises of various companies such as Bayer AG, Benson Hill Biosystems Inc., Caribou Bioscience Inc., CRISPR Therapeutics, BASF SE, Intellia Therapeutics, and many more. The companies are focused on collaboration with various research institutes in order to widen the product portfolio of the company. The companies are eyeing the agriculture sector in the Asia-Pacific region due to the presence of major agriculture-based economies of the globe. Companies are expanding operational facilities in regions affected by a natural phenomenon in order to expand the consumer base.

Research Methodology

The market study of the global CRISPR in agriculture market is incorporated by extensive primary and secondary research conducted by a research team at OMR.  Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Authentic Public Databases such as the Organisation for Economic Co-operation and Development (OECD)
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.

The report is intended for companies working on CRISPR technology research organizations, companies working on advanced technology, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

Global CRISPR in agriculture market is segmented on the basis of regional outlook and following segments:

• Global CRISPR in Agriculture Market Research and Analysis by End-User
• Global CRISPR in Agriculture Market Research and Analysis by Target Type
• Global CRISPR in Agriculture Market Research and Analysis by Geography

The Report Covers

• Comprehensive research methodology of the global CRISPR in agriculture market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global CRISPR in agriculture market.
• Insights about market determinants which are stimulating the global CRISPR in agriculture market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.