Scienza e Tecnologia
Plant Phenotyping Market to surpass US$ 386.5 Mn by end of 2028, Says Coherent Market Insights
is an essential research field in plant sciences, but it's not yet widely available to the public. Despite its growing popularity, it is not yet fully integrated into the field. Although phenotyping is an integral part of plant science, it still needs more capacity and integration into workflows.
This scientific method involves the measurement of diverse plant properties and evaluating the effects of different environmental conditions on these traits. It can be used for practical purposes, such as crop management and harvesting. Furthermore, it can be used to understand the basic processes of plants. The study of phenotyping can help researchers improve their understanding of inheritance and how different environmental factors affect gene expression. However, it is important to note that plant phenotyping requires the use of sophisticated tools and techniques.
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Increasing funding for is expected to propel growth of the global plant phenotyping market over the forecast period. For instance, in June 2021 , Gardin, a hardware and software startup developing optical phenotyping technology and analytics to optimise food production, raised US$ 1.2 million in pre-seed funding.
Increasing funding for plant phenotyping is expected to offer lucrative growth opportunities for players in the global plant phenotyping market. For instance, in December 2019 , GRYFN, a Purdue University -affiliated agbioscience startup, received US$ 4.5 million from Department of Energy, for multi-sensor drone technology for plant phenotyping.
R&D of AI-based platform for stomatal phenotyping is also expected to offer lucrative growth opportunities for players in the global . For instance, in August 2021 , researchers from the Yokohama City University Kihara Institute for Biological Research and Nagoya University Institute of Transformative Bio-molecules reported development of a new artificial intelligence analysis technique that facilitates live imaging and concurrent analysis of wheat stomata.
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Major players operating in the global plant phenotyping market are focused on adopting merger and acquisition strategies to enhance their market share. For instance, in January 2021 , VIB, a life sciences institute, signed an agreement with BASF to acquire its CropDesign site in Nevele, Belgium and launched its first agricultural biotechnology incubator.
Major players operating in the global plant phenotyping market include, BASF SE, CropDesign, Delta-T Devices Ltd., Heinz Walz Gmbh, Keygene, Lemnatec Corporation, Phenospex, Phenomix, Photon Systems Instruments, Qubit Systems, Rothamsted Research, Vienna Biocenter, WIWAM, and WPS B.V.
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