The Global Plant Phenotyping Market Growth Accelerated By Adoption Of Deep Learning Technology

 

Plant Phenotyping Market

Plant phenotyping is the measurement of physical, physiological, biochemical and molecular attributes of plants to study their structure and function. It enables plant breeders to accurately measure thousands of crop plants under different environmental conditions to identify desirable traits for improving crop yield, stress tolerance and nutrition content. These measurements allow researchers and breeders to evaluate the genetic and phenotypic characteristics required for high-yield crops suitable for sustainable agriculture.

The global plant phenotyping market is estimated to be valued at US$ 261.83 Mn in 2024 and is expected to exhibit a CAGR of 2.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

 

Market Dynamics:

 

Increasing crop yield is one of the key drivers propelling the growth of the plant phenotyping market. Plant phenotyping helps researchers identify traits to develop high-yielding crop varieties suitable for changing climatic conditions. It allows comprehensive analysis of various traits influencing crop productivity. This augments crop breeding programs focused on increasing agricultural output to meet the rising global food demand.

 

Another driver augmenting market growth is the need to adapt crops for climate change and abiotic stress factors. Phenotyping aids in identifying genes providing resistance to drought, heat, salinity and other environmental stresses. This enables developing climate-resilient seeds and hybrids well-adapted to diverse geographical and climatic conditions. Researchers can optimize various traits related to biotic and abiotic stress tolerance.

 

SWOT Analysis

Strength:

- Plant phenotyping allows for precise scientific analysis of plants and crops which enables efficient breeding programs. Detailed phenotypic characterization allows researchers to advance plant varieties faster.

- High-throughput plant phenotyping platforms provide an objective and quantitative analysis of plant traits. This standardizes the evaluation process and removes human subjectivity.

- Advances in sensor technologies and imaging systems have made it possible to non-destructively capture diverse plant traits over their entire lifecycle under natural or controlled conditions.

 

Weakness:

- Plant phenotyping equipment and analysis solutions require significant investments which may not be feasible for small and medium scale farmers or breeding programs.

- Environmental conditions within growth facilities are harder to control precisely compared to greenhouse or field conditions. This impacts reproducibility of phenotypic responses.

 

Opportunity:

- Tremendous scope to breed climate-resilient and stress-tolerant crop varieties to address challenges of food security. Plant phenotyping can accelerate development of varieties adapted for extreme weather.

- Personalized evaluation of entire plant populations enables breeding programs to introduce multiple desirable traits simultaneously instead of focusing on one or two traits.

 

Threats:

- Limited availability of trained professionals having interdisciplinary expertise in plant science and computing.

- Concerns about data privacy and ownership especially for commercially sensitive plant breeding data collected through high-throughput platforms.

 

Key Takeaways

 

The Global Plant Phenotyping Market Size is expected to witness high growth. The global plant phenotyping market is estimated to be valued at US$ 261.83 Mn in 2024 and is expected to exhibit a CAGR of 2.4% over the forecast period 2024 to 2031.

Regional analysis related content comprises European region currently dominates the plant phenotyping market owing to strong research support and increasing adoption by leading seed and crop companies in the region. The Asia Pacific region is expected to grow at the fastest pace during the forecast period led by China and India.

 

Key players related content comprises Key players operating in the plant phenotyping market are BIOTRONIK SE & Co.KG, Medtronic plc., Boston Scientific Corporation, Abbott Laboratories, LivaNova plc., Osypka Medical GmbH, and MEDICO S.p.A.


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https://www.newsstatix.com/plant-phenotyping-market-analysis-size-share-growth-outlook-2023/

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