Plant Tissue Analysis Market, by Component (Platform (Cloud-based and On-premises), Services), by Terminal Type (Desktop Based and Mobile Based), by End User (Agricultural Companies, Research, Others) by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : May 2023

Code : CMI5765

Pages :189

Formats :

Excel and PDF

Industry : Medical Devices

Plant Tissue Analysis MarketSize and Trends

Global plant tissue analysis market is estimated to be valued at US$ 228.2 million in 2023 and is expected to exhibit a CAGR of 4.7% during the forecast period (2023-2030). Increasing approval of plant-based vaccines by the regulatory authorities is expected to assist in the growth of the market over the forecast period. For instance, in 2022, Medicago, the Quebec-based pharmaceutical company, announced that it had received approval for the first plant-based COVID-19 vaccine for use in adults aged 18 to 64, from Health Canada, the Department of the Government of Canada responsible for Canada’s national health policy

Figure 1. Global Plant Tissue Analysis Market Share (%), by Component, 2023

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.