PCR (Polymerase Chain Reaction) in Agro-Food Market to Reach Valuation of USD 1.7 Billion by 2030 – Increasing Demand for Safe and High-quality Food Products and the Need for Advanced Testing Methods Drives the Market Growth

In terms of revenue, the Global PCR (Polymerase Chain Reaction) in Agro-Food Market is expected to reach by 2030, growing at a CAGR (Compound Annual Growth Rate) of 11.7% from 2023 to 2030.

The polymerase chain reaction (PCR) is a powerful tool used in the agriculture and food industry for various applications. Several key drivers behind the increasing use of PCR in the agro-food market exist. Firstly, PCR allows for rapidly and accurately detecting pathogens in agro-food products. With the rising concerns over food safety and the need to prevent the spread of foodborne illnesses, PCR provides a reliable method for identifying and quantifying pathogens such as bacteria and viruses. Secondly, PCR enables identifying and characterizing genetically modified organisms (GMOs) in food products. As GMO labeling regulations become more stringent in many countries, PCR is crucial in ensuring compliance and providing consumers with transparent information about the presence of GMOs in their food. Additionally, PCR is used in agro-food research and development to improve crop quality and yield. By identifying and analyzing specific genes related to desirable traits, PCR assists in breeding and selecting plants with enhanced characteristics such as disease resistance and increased nutritional value. Overall, the ability of PCR to detect pathogens, identify GMOs, and enhance crop development makes it a valuable tool in the agro-food industry, driving its increasing adoption.

Key Highlights from the Report

· Among the Product Types segmentation, the Consumables and reagents segment is anticipated to dominate the PCR (Polymerase Chain Reaction) in Agro-Food market with the largest market share in the forecast period, considering their essential role in PCR testing.

· By the segmentation Application Types, the Real-Time PCR Systems segment is expected to account for the maximum CAGR during the forecast period because of their advanced features and capabilities. 

· In terms of Region, Asia Pacific held the major market share in 2022 and is likely to be the most gainful market in the future. Elements including a large population with increasing food demands, a well-established agro-food industry with significant investments in research and development, and a high number of research institutions and universities focused on agricultural sciences are aiding this market expansion.  

Market Dynamics

Polymerase Chain Reaction (PCR) is a widely used technique in the field of agro-food due to its ability to amplify specific DNA sequences. PCR can be used for various purposes in agro-food, such as detecting and identifying genetically modified organisms (GMOs) in food products, identifying pathogens responsible for foodborne illnesses, and monitoring the quality and safety of food products. PCR allows for the rapid and sensitive detection of GMOs by targeting specific DNA sequences unique to these organisms. This enables the identification of GMOs in agro-food products, ensuring compliance with labeling requirements and providing consumers with accurate information. PCR is also used in agro-food to detect pathogens, such as bacteria or viruses, that can cause foodborne illnesses. By targeting specific DNA sequences of these pathogens, PCR can quickly identify their presence in food products, allowing for early intervention and prevention of outbreaks. Overall, PCR plays a vital role in ensuring agro-food products' authenticity, safety, and quality, making it an essential tool in the agro-food industry.

According to analysts from Vantage Market Research, strict food safety regulations have compelled agro-food manufacturers to develop their quality assurance initiatives. These self-regulated programs aim to guarantee their products' safety, purity, and overall quality. To attain the highest level of effectiveness, these programs are certified by independent third-party organizations, which conduct regular inspections to ensure adherence to specific standards. By obtaining such certification, manufacturers actively uphold exceptional standards and gain credibility among buyers.

However, some potential restraints for using PCR (Polymerase Chain Reaction) in Agro-Food market include the high cost of equipment and reagents and the need for trained personnel to perform the tests. Additionally, PCR can be time-consuming and may require complex sample preparation procedures. There may also be potential issues with the reliability and accuracy of PCR results and concerns regarding the potential for contamination. These factors can limit PCR’s widespread adoption and use in the agro-food market.

Asia Pacific PCR (Polymerase Chain Reaction) in Agro-Food market is expected to witness a noteworthy development with a significant growth rate over the analysis period. Several factors contribute to the dominance of the Asia Pacific region in this market. Firstly, the region has a large population with increasing food demands, driving the need for efficient and sustainable agriculture practices. PCR technology is used in various agricultural applications such as crop improvement, genetic modification, and disease diagnosis, catering to this demand. 

Additionally, the Asia Pacific region has a well-established agro-food industry with significant investments in research and development. Governments and agriculture companies in countries like China, India, and Japan actively promote adopting advanced technologies like PCR to enhance crop productivity and reduce post-harvest losses. This further boosts the usage of PCR in the agro-food sector. 

Furthermore, the Asia Pacific region is home to several leading manufacturers of PCR instruments and reagents, providing easy access to these products for agro-food companies. This, coupled with many research institutions and universities focused on agricultural sciences, contributes to the region's dominance in the PCR agro-food market. Overall, the Asia Pacific region's large population, growing food demands, supportive government initiatives, and the presence of key industry players make it the largest market for PCR in the agro-food industry.

The Global PCR (Polymerase Chain Reaction) in Agro-Food Market is Segmented as follows

• Product Type
  • Instruments
  • Consumables & Reagents
  • Software & Services
• Application Type
  • Standard PCR Systems
  • Real-Time PCR Systems
  • Digital PCR Systems
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

List of the Key Players of the Global PCR (Polymerase Chain Reaction) in Agro-Food Market is

Agilent Technologies (U.S.), Biomerieux (France), Bio-Rad Laboratories Inc. (U.S.), Biotecon Diagnostics (Germany), Hygiena (U.S.), Minerva Biolabs (Germany), Qiagen NV (Germany), R-Biopharma AG (Germany), Thermo Fisher Scientific (U.S.)

The Global PCR (Polymerase Chain Reaction) in Agro-Food Market Scope can be Tabulated as below