About this market
The global rise in population has increased the demand for solutions to improve agricultural productivity. Increased agricultural production can help in meeting the rising demand for food. The biotechnology- based tools to develop new varieties of plants and increase the productivity of plant systems. One such biotechnology- based tool makes use of proteomic techniques to understand agricultural problems and help stabilize agricultural production. The rapidly increasing population exerts pressure on the global agricultural sector. The adoption of innovation biotechnology- based tools to boost agricultural productivity will have a considerable impact on the global plant phenotyping market. The plants phenotyping market to grow at a CAGR of nearly 11% during the forecast period.
Market Overview
Use of plant phenotyping to address water stress
Plant phenotyping tools help address the issues of water stress in plants and provide researchers the chance to access crop water status in different production systems to develop and implement precision irrigation.
Lack of trained laboratory professionals
Lack of expertise increases the probability of incorrect diagnosis. In research laboratories, lack of skilled professionals can lead to misleading results. Hence the shortage of trained professionals will adversely affect the growth of the market during our forecast period.
For the detailed list of factors that will drive and challenge the growth of the plant phenotyping market during the 2019-2023, view our report.
Competitive Landscape
The plant phenotyping market is moderately fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.’