PLANT TISSUE ANALYSIS MARKET ANALYSIS

Market Challenges And Opportunities

Global Plant Tissue Analysis Market: Restraint

Availability of Alternative Method for Plant Monitor

The availability of alternative methods to monitor crop nutrient status is expected to hamper the growth of the global plant tissue analysis market, over the forecast period. For instance, multispectral imaging (MSI) and hyperspectral imaging (HSI) have made the monitoring of field crop health to aid decision-making and the application of spatially and temporally variable agronomic inputs possible. Spectral imaging has played a vital role in facilitating crop monitoring to aid the decision-making in the implementation of spatially variable agronomic practices and/or inputs. Driven by cutting-edge data processing techniques, spectral imaging for field crop monitoring has become a prominent research area in the remote sensing community. Due to technical advances, the remote sensing community now has access to both dense time series data and high-spatiospectral-resolution images, without the need to approximate the compromised components using fusion methods. Moreover, machine-learning and deep-learning approaches have substantially enhanced the processing and analysis of spectral information.

Global Plant Tissue Analysis Market- Driver

Inorganic Strategy such as Acquisition by the Market Players

Market players are indulged in inorganic activities such as acquisition, in order to expand their product portfolio is expected to drive the growth of the Plant Tissue Analysis market over the forecast period. For instance, in August 2022, Element Materials Technology, providers of testing, inspection, and certification services for a diverse range of products, materials, and technologies in advanced industrial supply chains acquired Singapore Test Services (STS), a leading testing, inspection, calibration, and certification provider. This acquisition strengthened Element Materials Technology’s position and growth plans in Southeast Asia.

Awareness Campaign by the Research Organization for the Conservation of Plant Varieties

Research organizations are indulged in conducting awareness campaigns in order to spread awareness regarding the conservation of plant varieties among farmers. For instance, on February 2, 2023, ICAR-National Bureau of Plant Genetic Resources, New Delhi in collaboration with ICAR- ICAR-Central Research Institute for Jute and Allied Fibres, Barrackpore organized an Awareness Cum Training Programme on Plant Genetic Resources Conservation for Improving Nutritional and Livelihood Security of Farmers and Promotion of Natural Fibres at ICAR-CRIJAF campus, Barrackpore. The main objective of the training program organized under SCSP (Schedules Caste Sub-Plan) was to create awareness among the SC (Schedules Caste) farmers regarding the conservation and proper utilization of traditional crop varieties and promote natural fibers to improve the nutritional and livelihood security of farmers.