NGS in Agrigenomics Market Outlook: CAGR of 13.72%, Expected to Surge to USD 16.5 Billion by 2032 | Agilent Technologies, Genomics England

Ngs In Agrigenomics Industry Overview

NGS (Next-Generation Sequencing) in Agrigenomics Market was valued at approximately USD 5.18 billion in 2023. It is projected to grow from USD 5.9 billion in 2024 to USD 16.5 billion by 2032. The market is anticipated to expand at a compound annual growth rate (CAGR) of 13.72% during the forecast period from 2024 to 2032.

The integration of Next-Generation Sequencing (NGS) technology into agrigenomics is transforming the agriculture industry. This revolution in genomic research is providing farmers, scientists, and agricultural professionals with tools to make farming more efficient, sustainable, and resilient. The global demand for NGS in agrigenomics is rising as technological advancements make it increasingly accessible and affordable. As we look toward the future, innovations in genomic sequencing are poised to reshape farming practices worldwide.

Key Companies Profiled in Ngs In Agrigenomics Market Include:

Illumina ,Thermo Fisher Scientific ,Pacific Biosciences ,Bionano Genomics ,NanoString Technologies ,Oxford Nanopore Technologies ,10x Genomics ,Agilent Technologies ,QIAGEN ,Genomics England ,Genomics plc ,Eurofins Scientific ,Macrogen ,BGI Group

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How NGS is Impacting the Agriculture Industry

NGS technology allows scientists to sequence genomes at an unprecedented scale and speed. In agrigenomics, this technology is applied to study and manipulate the genetic makeup of crops, livestock, and pests. The goal is to enhance agricultural productivity, improve disease resistance, and create more sustainable farming systems.

By providing deeper insights into the genetic factors that control crop yield, pest resistance, and climate adaptability, NGS is helping create better-performing crops. Farmers can access detailed data on genetic traits, leading to the development of varieties that are better suited to specific environmental conditions. This allows for targeted breeding programs and precision agriculture, ensuring more efficient resource use and improved crop performance.

Rising Global Demand for NGS in Agrigenomics

The global population continues to grow, putting immense pressure on food production systems. Farmers must meet this demand while facing the challenges of climate change, limited resources, and increasing pests and diseases. NGS in agrigenomics is emerging as a powerful tool in the effort to improve food security. The ability to create high-yield, disease-resistant, and drought-tolerant crops is essential for overcoming these challenges.

Additionally, NGS provides real-time data that can help farmers make better decisions regarding irrigation, pest control, and fertilization. With the growing demand for sustainable agricultural practices, NGS technology offers a way to reduce the environmental footprint of farming while increasing yields.

Current Trends in NGS Technology for Agriculture

Several key trends are driving the adoption of NGS technology in agrigenomics:

Precision Breeding: NGS allows for precision breeding, where specific genetic traits are selected for crop improvement. This reduces the time and costs associated with traditional breeding methods.

Sustainable Farming Practices: As environmental concerns grow, NGS is helping develop crops that require fewer chemical inputs such as pesticides and fertilizers. These advancements support sustainable farming and reduce the environmental impact of agriculture.

Climate Change Adaptation: With climate change affecting agricultural productivity worldwide, NGS helps create crops that are more resilient to changing weather conditions. This includes developing drought-resistant varieties and crops that thrive in saline soils.

Livestock Genomics: NGS is also being used to improve livestock breeding. It helps identify genetic traits associated with disease resistance, better growth rates, and higher productivity, all of which contribute to more sustainable animal farming.

Microbial Genomics: In addition to crop and livestock genomics, NGS is being used to study soil and plant-associated microorganisms. These microbes play a crucial role in plant health, and understanding their genomes can lead to better crop management and soil health.

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Future Innovations in NGS for Agrigenomics

Looking ahead, the potential for innovation in the NGS-based agrigenomics field is vast. As sequencing technology becomes even more advanced, it will lead to faster, more cost-effective solutions for farmers and researchers.

• AI Integration: The integration of artificial intelligence (AI) with NGS could further accelerate the analysis of complex genetic data, leading to more precise recommendations for crop and livestock management. AI could help identify optimal breeding strategies and predict the outcomes of genetic modifications.
• Gene Editing: Technologies like CRISPR-Cas9 are increasingly being used in conjunction with NGS to directly edit the genetic makeup of crops and animals. These gene-editing innovations could lead to genetically modified organisms (GMOs) that are more resilient, nutritious, and environmentally friendly.
• Personalized Farming: In the future, NGS could enable a more personalized approach to farming. By sequencing the genomes of crops, animals, and even the soil on a particular farm, it will be possible to create highly customized solutions that optimize yields and reduce waste.
• Blockchain for Transparency: As NGS data becomes more integral to the agricultural industry, blockchain technology may be used to ensure the traceability and transparency of agricultural products. Consumers will be able to trace the origin of their food and verify that it was grown using sustainable, genetically optimized practices.

Table of Contents

SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS

SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE

SECTION III: QUALITATIVE ANALYSIS

SECTION IV: QUANTITATIVE ANALYSIS

SECTION V: COMPETITIVE ANALYSIS ........

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