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Global NGS In Agrigenomics Market, 2021 - Market is Expected to Reach $1.38 Billion

Dublin, March 21, 2018 (GLOBE NEWSWIRE) -- The "Global NGS In Agrigenomics Market - Analysis & Forecast, 2017-2021 Focus on Application (Crops and Livestock), Product Type (Kits and Consumables, Instruments and Others) and Region" report has been added to ResearchAndMarkets.com's offering.

The NGS in the agrigenomics market is expected to reach $1,389.0 million at a CAGR of 12.5% from 2016 to 2021.

This growth is attributed to the advancements in the genomic technology with a variety of post-sequencing analysis techniques and governmental support in the developed countries.

The increasing demand for environment friendly innovative production methods, modernization in the agriculture sector, and high yield have opened new avenues of growth for the development in the agrigenomics technology.

The NGS in agrigenomics market encompasses two major application which are crops, and livestock. The upcoming new and advanced technologies which have significantly accelerated the processes of genome sequencing are helping in the growth of the market. Advanced research and development in the livestock application such as, sheep, cattle, and dairy has increased importance of genome sequencing in the developed markets which is used to prevent various diseases in the livestock industry.

The product type of agrigenomics include kits & consumables, instruments, and others. Amongst the various product type, kits and consumables are the most common product type followed by instruments and others. Instruments, currently is the fastest growing segment.

The global NGS in agrigenomics market by product type was dominated by kits & consumables segment in the year 2016. During the forecast period, the instrument segment is expected to display the highest growth rate.

With the increasing pressure on the global food production, and adoption of the NGS technologies in the agricultural industry, the demand for genome sequencing in crops, and livestock is expected to increase, which in turn would enhance the growth of the NGS in agrigenomics market. The market for instruments is also going to increase due to the emergence of new threats on crops such as, norovirus, Cyclospora, and Giarda.

Kits and consumables are further segmented into sequencing kits, isolation & extraction kits, and others. Sequencing kits holds most of the share in the kits and consumables market. The development of genomic tools to assist in breeding decisions and cost and time factors are supporting the growth of the segment in the market.

The trends of the NGS in the agrigenomics market vary across different geographical regions. The NGS in agrigenomics market holds a prominent share in various countries of North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). Presently, North America is at the forefront of the NGS in agrigenomics market, with high market penetration in the countries such as, the U.S., Canada, and Mexico.

North America accounted for the largest market share in 2016, due to the increasing technological advancements, and government investments pertaining to the agrigenomics segment. Asia Pacific is projected to be the fastest-growing region during the forecast period 2017 to 2021, due to its large market base for agriculture industry in the region.

Illumina Inc., Agilent Technologies Inc., Ontario Genomics, Genome Atlantic, LGC Limited, BGI, Neogen Corporation, NuGen technologies Inc., Eurofins Genomics and Arbor Biosciences, are some of the prominent players in the NGS in agrigenomics market. The market has presence of several small-sized to medium-sized companies that compete with the large enterprises.

Key Topics Covered:

Executive Summary

1 Report Scope & Methodology
1.1 Report Scope
1.2 Global NGS in Agrigenomics Market Research Methodology

2 Market Dynamics
2.1 Drivers
2.1.1 Technological Advancements in Food Industry
2.1.2 Rising Funds for Research in Agrigenomics
2.2 Restraints
2.2.1 High Investment Requirement for Advance Technologies
2.2.2 Uncertain Regulatory Policies
2.3 Opportunities
2.3.1 Research in the Field of Agrigenomics in the Emerging Economies Provides Substantial Scope for Market Development
2.3.2 Introduction of New Technologies for Genome Sequencing
2.3.3 Expansion into Emerging Economies with the Development of Portable Technologies

3 Competitive Insights
3.1 Key Market Developments & Strategies
3.1.1 Mergers & Acquisitions
3.1.2 New Product Launches
3.1.3 Partnerships/Agreements and Collaborations & Joint Ventures
3.1.4 Business Expansion & Contracts
3.1.5 Others
3.2 Market Share Analysis
3.2.1 Market Share Analysis of the Global NGS in Agrigenomics Market

4 Industry Analysis
4.1 Opportunity Matrix
4.2 Country Share Analysis
4.3 Industry Attractiveness
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat from Substitutes
4.3.5 Intensity of Competitive Rivalry

5 Global Next Generation Sequencing Market Overview
5.1 Global Next Generation Sequencing Market
5.2 Global Next Generation Sequencing Market by Product
5.3 Global Next Generation Sequencing Market by Application
5.4 Global Next Generation Sequencing Market Share by Company

6 Global NGS in Agrigenomics Market by Application
6.1 Assumptions for Analysis and Forecast of the Global NGS in Agrigenomics Market
6.2 Limitations for Analysis and Forecast of the Global NGS in Agrigenomics Market
6.3 Market Overview
6.4 Crops
6.5 Livestock

7 Global NGS in Agrigenomics Market by Product Type
7.1 Kits and Consumables
7.1.1 Sequencing Kits
7.1.2 Isolation and Extraction Kits
7.1.3 Others Kits
7.1.4 Sequencing Kits by Technology
7.1.4.1 Illumina Hi Seq Family
7.1.4.2 PacBio Sequencers
7.1.4.3 Oxford Nanopore Sequencing Technology
7.1.4.4 Others Sequencing Technology
7.2 Instruments
7.3 Others

8 Global NGS in Agrigenomics Market by Process
8.1 DNA extraction and purification
8.2 DNA/RNA Sequencing
8.3 Genotyping
8.4 Marker Assisted Selection (MAS)
8.5 GMO Trait Purity

9 Global NGS in Agrigenomics Market by Region

10 Company Profiles

  • 10x Genomics
  • Agrigenome
  • Agrigenomics Inc.
  • Arbor Biosciences
  • Array Gen Technology Pvt. Ltd.
  • BGI
  • Biogenetic Services Inc.
  • CEN4GEN Institute for Genomics and Molecular Diagnostics
  • Eurofins Scientific
  • GALSEQ SRL VIA ITALIA
  • GENOME LIFE SCIENCES
  • Illumina Inc.
  • LGC Limited
  • Neogen Corporation
  • NuGen Technologies Inc.
  • Pacific Biosciences of California Inc.
  • QTLomics Technologies Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/6qzk4j/global_ngs_in?w=12



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