DUBLIN, March 21, 2018 /PRNewswire/ --
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 rising world population has resulted in an increase in the demand for food, while there has been an increase in the loss of crop and livestock-based food due to genetic concerns and climatic factors. The world population is expected to reach 9.7 billion by 2050, which further stresses on the need to employ advanced technologies so that, we can ensure sustainable productivity growth in agriculture.
Agrigenomics provides an effective solution to the rising concerns by improving the productivity factor of the farmers. Agrigenomics helps the farmers, breeders, and researchers in identifying the genetic sequences which can be used to determine desirable traits and make better breeding decisions.
With food security gaining increased importance in the worldwide scenario, the government of various countries across the globe are promoting the use of technologies like genomics and sequencing in the field of agriculture. The process of relating the agriculturally important characteristics like meat quality with one or more genes is important for ensuring better farm-outputs. Agrigenomics also helps in improving aquaculture, where desirable characteristics like disease resistance, and increased stress tolerance can be induced in the aquatic organisms. These aquatic organisms are a vital source of protein for the global population.
Continuous advancements in NGS technology have created significant impact on the agricultural and animal research by solving complex biological problems of food, nutrition, and agriculture through massively parallel, rapid, and low-cost genotyping sequencing of any plant or animal species. The sequences obtained are compared with databases (containing several thousands of species) resulting in a complete list of all the species present in the sample, including the scientific name of the species identified. This is because each ingredient will produce a single unique DNA sequence.
The use of this process or technique is limited to the search of some organisms because of the limited range of commercially available test kits.
The growth of this market is driven by certain other factors such as:
- Technological advancements in the food industry
- Increasing funds for research and development activities in the NGS in agrigenomics market
However, there are certain challenges that are inhibiting the overall growth for the NGS in agrigenomics market:
- Huge investment requirement for advance technology
- Uncertain regulatory policies
Key Topics Covered:
1 Report Scope & Methodology
1.1 Report Scope
1.2 Global NGS in Agrigenomics Market Research Methodology
2 Market Dynamics
2.1.1 Technological Advancements in Food Industry
2.1.2 Rising Funds for Research in Agrigenomics
2.2.1 High Investment Requirement for Advance Technologies
2.2.2 Uncertain Regulatory Policies
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
3.2 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
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
22.214.171.124 Illumina Hi Seq Family
126.96.36.199 PacBio Sequencers
188.8.131.52 Oxford Nanopore Sequencing Technology
184.108.40.206 Others Sequencing Technology
8 Global NGS in Agrigenomics Market by Process
8.1 DNA extraction and purification
8.2 DNA/RNA Sequencing
8.4 Marker Assisted Selection (MAS)
8.5 GMO Trait Purity
9 Global NGS in Agrigenomics Market by Region
10 Company Profiles
- 10x Genomics
- Agrigenomics Inc.
- Arbor Biosciences
- Array Gen Technology Pvt. Ltd.
- 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/gxz5v5/global_ngs_in?w=5
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets