This market study on Food Automation Market covers the global and regional market with an in-depth breakdown of the inclusive growth prospects in the market. Also, it sheds light on the wide-ranging competitive landscape of the global Food Automation market. The report supplementary offers a dashboard overview of leading companies with their successful marketing strategies, market contribution, recent developments in both historic and present contexts. The Food Automation Market analysis includes the global market by value, by segments and by competitor’s overall advancement and strategies.Global CRISPR Technology Market valued approximately USD 449.6 million in 2017 is anticipated to grow with a healthy growth rate of more than 25 % over the forecast period 2018-2025. Increasing availability of government and private funding and growing adoption of CRISPR technology are some key trends that are responsible for the wide adoption of CRISPR Technology globally. As per the Congressional Research Service (US), CRISPR-related research funding by National Institutes of Health (NIH) grew from $5.1 million in FY2011 to $603 million in FY2016, such high funding in the CRISPR has set the scientific foundation for advanced gene editing technologies such as CRISPR-CAS 9. Moreover, between the periods of 2006-2016 (FY) as per National Institute of Health (NIH) approximately $981 million was funded by the NIH for CRISPR related researches. Further in 2017, as per the Defense Advanced Research Projects Agency (DARPA), the DARPA has announced to invest $65 million over the course of next four years till 2021 in order to make CRISPR Gene Editing Safer and to counter bioterrorism threats. According to Pharmaceutical Research and Manufacturers of America (PhRMA), the biopharmaceutical R&D expenditure in the United States grew in 2014 was ~$53.5 billion which grew up-to $58.8 billion in 2015. Similarly, according to the Gov.UK in 2017, UK government recently opened its doors to develop drug discovery by investing around $7.16 million that would help businesses to meet and understand the challenges involved in developing drugs. By use of CRISPR, several drugs can be developed which can enhance the effectiveness and quality of medicines and vaccines available in the market for various blood disorders and heart diseases. As a result, the adoption of CRISPR technology would increase thereby, aiding the growth of the market. However, high cost associated with CRISPR technology and presence of alternative technologies are the major factors that impede the growth of global CRISPR Technology market.The leading market players mainly include-Thermo Fisher Scientific Merck KGaA GenScript Integrated DNA Technologies (IDT) Horizon Discovery Group Agilent Technologies Cellecta, Inc. GeneCopoeia, Inc. New England Biolabs Origene Technologies, Inc.On the basis of segmentation, the CRISPR technology market is segmented into product & services, application and end-users. The product & services segment of global CRISPR technology market is classified into CRISPR Products and CRISPR services of which CRISPR services segment is expected to emerge as the fastest growing segment. Based on application segment, the CRISPR technology market is diversified into biomedical applications, agricultural applications, industrial applications and biological research of which biomedical application segment holds the largest market share owing to the growing application in drug discovery applications. The end-user segment includes pharmaceutical and biopharmaceutical companies, biotechnology companies, academic & research institutes and contract research organizations. The regional analysis of CRISPR technology market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America have occupied major share in the global CRISPR Technology market. The major reasons for the dominance of North America are increasing government and private funding, the adoption of CRISPR in several applications and presence of major pharma and gene therapy companies. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific region is witnessed owing as China had registered nine clinical trials based on CRISPR-edited cells on various diseases such as HIV infection and cancers and ongoing researchers to support CRISPR technology.
The report provides insights on the following sections:
- Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the Global Food Automation Market.
- Product Development and Innovation: Provides intelligent insights on future technologies, R & D activities, and new product developments in the Global Food Automation Market.
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Food Automation Market.
- Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Food Automation Market.
- Competitive Assessment and Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Food Automation Market.
The report thoroughly covers the Food Automation market by type, applications and regions. The report provides an balanced and detailed analysis of the on-going Food Automation trends, opportunities/high growth areas, Food Automation market drivers which would help the investors to device and align their market strategies according to the current and future market dynamics.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
- Thermo Fisher Scientific
- Merck KGaA
- Integrated DNA Technologies (IDT)
- Horizon Discovery Group
- Agilent Technologies
- Cellecta, Inc.
- GeneCopoeia, Inc.
- New England Biolabs
- Origene Technologies, Inc.
Major Highlights from Table of contents are listed below for quick lookup into Food Automation Market report
Chapter 1. Competitive Landscape
- Company market share
- Food Automation Market Competitive analysis of key market players
- Competitive analysis of other prominent vendors
Chapter 2. Company Profiles
- Business Overview
- Financial Data
- Product portfolio
- Strategic Outlook
- SWOT Analysis
Chapter 3. Methodology & Scope
- Initial data exploration
- Food Automation Market Statistical model and forecast
- Industry insights and validation
- Food Automation Market Scope
- Methodology and forecast parameters
- Data Sources
Chapter 4. Executive Summary
- Food Automation industry 360º synopsis - 2025
- Food Automation Business trends
- Region trends
Chapter 5. Food Automation industry Insights
- Food Automation Industry segmentation
- Industry landscape 2025
- Industry Pitfalls and Challenges
- Threat of new entrants
- Threat of substitutes
- Food Automation Market Growth potential analysis
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