The Next Generation Sequencing (NGS) in Agrigenomics market is poised for significant growth, driven by technological advancements, increasing demand for precision agriculture, and the need for sustainable food production. This report provides an in-depth analysis of the market trends, drivers, and projections from 2025 to 2032.
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NGS technology has revolutionized the field of agrigenomics by enabling rapid and efficient sequencing of DNA or RNA samples. This allows for large-scale genotyping and genome-wide association studies, which are crucial for identifying genetic traits and variances in crops and livestock. As the global population grows and climate change intensifies, the pressure on agricultural productivity is increasing, making NGS a vital tool for developing high-yield, disease-resistant, and climate-tolerant crop varieties.
As of 2024, the global NGS in Agrigenomics market size was reported to be around USD 1.18 billion5. It is projected to reach approximately USD 1.98 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.7% during this period.
Type: The market can be segmented based on the type of sequencing technology, including short-read sequencing and long-read sequencing. Long-read sequencing is gaining traction due to its ability to provide more detailed genetic information.
Application: NGS in agrigenomics is primarily applied in crops and livestock. The crops segment is expected to grow rapidly due to the increasing use of genotyping and NGS technologies to study genetic variations affecting phenotypes.
Region: North America is expected to dominate the market due to the growing acceptance of agrigenomics and its role in improving crop resistance.
Technological Advancements: Continuous improvements in NGS platforms, including better data output, accuracy, and turnaround times, are driving market growth.
Bioinformatics and Data Analysis: Advances in bioinformatics enable faster and more accurate interpretation of genomic data, enhancing crop and livestock breeding strategies.
Precision Agriculture: The integration of NGS with precision agriculture practices is expected to increase efficiency and productivity in farming.
Collaboration between Academia and Industry: Partnerships between research institutions and companies are facilitating the development and adoption of NGS technologies in agrigenomics.
High Initial Investment: The cost of implementing NGS technology can be prohibitive for small-scale farmers and research institutions.
Data Management: The vast amount of data generated by NGS requires sophisticated bioinformatics tools for meaningful analysis.
Key players in the NGS in Agrigenomics market include Illumina, Agilent Technologies, BGI, and Neogen. These companies are investing heavily in research and development to improve sequencing technologies and expand their market presence