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Table of Contents
1.1 Report Scope
1.2 Global NGS in Agrigenomics Market Research Methodology
1.2.1 Assumptions
1.2.2 Limitations
1.2.3 Primary Data Sources
1.2.4 Secondary Data Sources
1.2.5 Data Triangulation
1.2.6 Market Estimation and Forecast
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
3.1 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
4.1 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
5.1 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
6.1 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
7.1 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
8.1 DNA extraction and purification
8.2 DNA/RNA Sequencing
8.3 Genotyping
8.4 Marker Assisted Selection (MAS)
8.5 GMO Trait Purity
9.1 North America
9.1.1 North America NGS in Agrigenomics Market, by Application
9.1.2 North America NGS in Agrigenomics Market by Country
9.1.2.1 The U.S.
9.1.2.1.1 The U.S. NGS in Agrigenomics Market, By Application
9.1.2.2 Canada
9.1.2.2.1 Canada NGS in Agrigenomics Market, By Application
9.1.2.3 Mexico
9.1.2.3.1 Mexico NGS in Agrigenomics Market, By Application
9.2 Asia-Pacific
9.2.1 Asia Pacific NGS in Agrigenomics Market by Application
9.2.2 Asia Pacific NGS in Agrigenomics Market, by Country
9.2.2.1 China
9.2.2.1.1 China NGS in Agrigenomics Market, By Application
9.2.2.2 India
9.2.2.2.1 India NGS in Agrigenomics Market, By Application
9.2.2.3 Japan
9.2.2.3.1 Japan NGS in Agrigenomics Market, By Application
9.2.2.4 South Korea
9.2.2.4.1 South Korea NGS in Agrigenomics Market, By Application
9.2.2.5 Australia & New Zealand (ANZ)
9.2.2.5.1 ANZ NGS in Agrigenomics Market, By Application
9.2.2.6 Rest of APAC
9.2.2.6.1 Rest of APAC NGS in Agrigenomics Market, By Application
9.3 Europe
9.3.1 Europe NGS in Agrigenomics Market by Application
9.3.2 Europe NGS in Agrigenomics Market by Country
9.3.2.1 The U.K.
9.3.2.1.1 The U.K. NGS in Agrigenomics Market, By Application
9.3.2.2 Germany
9.3.2.2.1 Germany NGS in Agrigenomics Market, By Application
9.3.2.3 France
9.3.2.3.1 France NGS in Agrigenomics Market, By Application
9.3.2.4 Italy
9.3.2.4.1 Italy NGS in Agrigenomics Market, By Application
9.3.2.5 Spain
9.3.2.5.1 Spain NGS in Agrigenomics Market, By Application
9.3.2.6 The Netherlands
9.3.2.6.1 The Netherlands NGS in Agrigenomics Market, By Application
9.3.2.7 Rest of EU
9.3.2.7.1 Rest of EU NGS in Agrigenomics Market, By Application
9.4 Rest of the World (RoW)
9.4.1 RoW NGS in Agrigenomics Market, by Application
9.4.2 RoW NGS in Agrigenomics Market by Country
9.4.2.1 Brazil
9.4.2.1.1 Brazil NGS in Agrigenomics Market, By Application
9.4.2.2 South Africa
9.4.2.2.1 South Africa NGS in Agrigenomics Market, By Application
9.4.2.3 Israel
9.4.2.3.1 Israel NGS in Agrigenomics Market, By Application
9.4.2.4 Others
9.4.2.4.1 Others NGS in Agrigenomics Market, By Application
10.1 10x Genomics
10.1.1 Company Overview
10.1.2 Product Portfolio
10.1.3 Corporate Summary
10.1.4 SWOT Analysis
10.2 Agrigenome
10.2.1 Company Overview
10.2.2 Product Portfolio
10.2.3 Corporate Summary
10.2.4 SWOT Analysis
10.3 Agrigenomics Inc.
10.3.1 Company Overview
10.3.2 Product Portfolio
10.3.3 Corporate Summary
10.3.4 SWOT Analysis
10.4 Arbor Biosciences
10.4.1 Company Overview
10.4.2 Product Portfolio
10.4.3 Corporate Summary
10.4.4 SWOT Analysis
10.5 Array Gen Technology Pvt. Ltd.
10.5.1 Company Overview
10.5.2 Product Portfolio
10.5.3 Corporate Summary
10.5.4 SWOT Analysis
10.6 BGI
10.6.1 Company Overview
10.6.2 Product Portfolio
10.6.3 Corporate Summary
10.6.4 SWOT Analysis
10.7 Biogenetic Services Inc.
10.7.1 Company Overview
10.7.2 Product Portfolio
10.7.3 Corporate Summary
10.7.4 SWOT Analysis
10.8 CEN4GEN Institute for Genomics and Molecular Diagnostics
10.8.1 Company Overview
10.8.2 Product Portfolio
10.8.3 Corporate Summary
10.8.4 SWOT Analysis
10.9 Eurofins Scientific
10.9.1 Company Overview
10.9.2 Product Portfolio
10.9.3 Financials
10.9.3.1 Financial Summary
10.9.4 SWOT Analysis
10.10 GALSEQ SRL VIA ITALIA
10.10.1 Company Overview
10.10.2 Product Portfolio
10.10.3 Corporate Summary
10.10.4 SWOT Analysis
10.11 GENOME LIFE SCIENCES
10.11.1 Company Overview
10.11.2 Product Portfolio
10.11.3 Corporate Summary
10.11.4 SWOT Analysis
10.12 Illumina Inc.
10.12.1 Company Overview
10.12.2 Product Portfolio
10.12.3 Financials
10.12.3.1 Financial Summary
10.12.4 SWOT Analysis
10.13 Neogen Corporation
10.13.1 Company Overview
10.13.2 Product Portfolio
10.13.3 Financials
10.13.3.1 Financial Summary
10.13.4 SWOT Analysis
10.14 NuGen Technologies Inc.
10.14.1 Company Overview
10.14.2 Product Portfolio
10.14.3 Corporate Summary
10.14.4 SWOT Analysis
10.15 LGC Limited
10.15.1 Company Overview
10.15.2 Product Portfolio
10.15.3 Corporate Summary
10.15.4 SWOT Analysis
10.16 Pacific Biosciences of California Inc.
10.16.1 Company Overview
10.16.2 Product Portfolio
10.16.3 Financials
10.16.3.1 Financial Summary
10.16.4 SWOT Analysis
10.17 QTLomics Technologies Pvt. Ltd.
10.17.1 Company Overview
10.17.2 Product Portfolio
10.17.3 Corporate Summary
10.17.4 SWOT Analysis
Table 1 Market Snapshot: Global NGS in Agrigenomics Market
Table 3.1 Key Mergers & Acquisitions (2015-2018)
Table 3.2 Key Product Launches (2015-2018)
Table 3.3 Key Partnership/Agreement and Collaboration & Joint Venture Activities (2015-2018)
Table 3.4 Key Business Expansion & Contracts (2015-2018)
Table 3.5 Key Other Activities (2015-2018)
Table 4.1 Analyzing the Threat of New Entrants
Table 4.2 Analyzing the Bargaining Power of Buyers
Table 4.3 Analyzing the Bargaining Power of Suppliers
Table 4.4 Analyzing the Threat from Substitutes
Table 4.5 Analyzing the Intensity of Competitive Rivalry
Table 6.1 Global Agrigenomics Market by Application (2016 – 2021)
Table 6.2 Developments Pertaining to Crops Application of NGS in Agrigenomics Market
Table 6.3 Developments Pertaining to Livestock Application of NGS in Agrigenomics Market
Table 7.1 Global NGS in Agrigenomics Market by Product Type (2016 – 2021)
Table 7.2 Kits and Consumables Market in NGS in Agrigenomics Market by Subtype (2016-2021)
Table 7.3 Sequencing Kits Market in Kits and Consumables Market by Technology (2016 – 2021)
Table 9.1 Global NGS in Agrigenomics Market by Region, 2016–2021
Table 9.2 North America NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.3 North America NGS in Agrigenomics Market by Country, 2016 – 2021
Table 9.4 The U.S. NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.5 Canada NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.6 Mexico NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.7 Asia Pacific NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.8 Asia Pacific NGS in Agrigenomics Market by Country, 2016 – 2021
Table 9.9 China NGS in Agrigenomics Market, by Application, 2016 – 2021
Table 9.10 India NGS in Agrigenomics Market by Application 2016 – 2021
Table 9.11 Japan NGS in Agrigenomics Market, by Application 2016 – 2021
Table 9.12 South Korea NGS in Agrigenomics Market by Application 2016 – 2021
Table 9.13 ANZ NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.14 Rest of APAC NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.15 Europe NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.16 Europe NGS in Agrigenomics Market by Country, 2016 – 2021
Table 9.17 The U.K. NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.18 Germany NGS in Agrigenomics Market by Application 2016 – 2021
Table 9.19 France NGS in Agrigenomics Market by Application 2016 – 2021
Table 9.20 Italy NGS in Agrigenomics Market by Application 2016 – 2021
Table 9.21 Spain NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.22 The Netherlands NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.23 Rest of EU NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.24 RoW NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.25 RoW NGS in Agrigenomics Market by Country, 2016 – 2021
Table 9.26 Brazil NGS in Agrigenomics Market by Application, 2016 – 2021
Table 9.27 South Africa NGS in Agrigenomics Market, by Application, 2016 – 2021
Table 9.28 Israel NGS in Agrigenomics Market, by Application, 2016 – 2021
Table 9.29 Others NGS in Agrigenomics Market, by Application, 2016 – 2021
Table 10.1 Agrigenome: Product Portfolio
Table 10.2 Agrigenomics Inc.: Product Portfolio
Table 10.3 Arbor Biosciences: Product Portfolio
Table 10.4 Array Gen: Product Portfolio
Table 10.5 BGI: Product Portfolio
Table 10.6 Biogenetic Services Inc.: Product Portfolio
Table 10.7 CEN4GEN: Product Portfolio
Table 10.8 Eurofins: Product Portfolio
Table 10.9 Array Gen: Product Portfolio
Table 10.10 Neogen Corporation: Product Portfolio
Table 10.11 NuGen Technologies Inc.: Product Portfolio
Table 10.12 LGC Limited: Product Portfolio
Table 10.13 Pacific Biosciences of California Inc.: Product Portfolio
Table 10.14 QTLomics Technologies Pvt. Ltd.: Product Portfolio
Figure 1 Trends Impacting the Growth of NGS in Agrigenomics Market
Figure 2 Global NGS in Agrigenomics Market Snapshot
Figure 3 Global NGS in Agrigenomics Market, by Application ($Million)
Figure 4 Global NGS in Agrigenomics Market by Product Type ($Million)
Figure 5 Sequencing Kits Market by Subtype
Figure 6 Global NGS in Agrigenomics Market by Region ($Million)
Figure 7 Global NGS in Agrigenomics Market by Country, 2016 ($Million)
Figure 1.1 NGS in Agrigenomics Market Scope
Figure 1.2 Report Design
Figure 1.3 Primary Interviews Breakdown, by Player, Designation, and Region
Figure 1.4 Sources of Secondary Research
Figure 1.5 Data Triangulation
Figure 1.6 Top Down-Bottom-Up Approach for Market Estimation
Figure 2.1 Market Dynamics
Figure 2.2 Impact Analysis of Drivers
Figure 2.3 Impact Analysis of Restraints
Figure 2.4 Impact Analysis of Opportunities
Figure 3.1 Strategies Adopted by the Key Players
Figure 3.2 Share of Key Market Strategies & Developments, 2015-2018
Figure 3.3 Market Share Analysis of Leading Companies in the Global NGS in Agrigenomics Market, 2016 (%)
Figure 4.1 Global NGS in Agrigenomics Market Opportunity Matrix, by Region, ($Million), 2016-2021
Figure 4.2 Global NGS in Agrigenomics Market Opportunity Matrix, by Country, ($Million), 2016-2021
Figure 4.3 Country Share Analysis of Global NGS in Agrigenomics Market, 2016
Figure 4.4 Porter’s Five Forces Analysis
Figure 5.1 Emerging Fields based on NGS
Figure 5.2 Leading Service Providers in the NGS Market
Figure 5.3 Global Next Generation Sequencing Market Revenue (2014-2024)
Figure 5.4 Global Next Generation Sequencing Market Share by Product (2016)
Figure 5.5 Global Next Generation Sequencing Market by Application (2016)
Figure 5.6 Global Next Generation Sequencing Market Share by Company (2016)
Figure 6.1 Global NGS in Agrigenomics Market: By Application
Figure 6.2 Crops Application in NGS in Agrigenomics Market, 2016-2021
Figure 6.3 Livestock Application of NGS in Agrigenomics Market, 2016-2021
Figure 7.1 Product Type: NGS in Agrigenomics Market
Figure 7.2 Global NGS in Agrigenomics Market: By Product Type
Figure 7.3 Global Kits & Consumables Market in NGS in Agrigenomics Market ($Million)
Figure 7.4 Kits and Consumables Market in NGS in Agrigenomics Market by Subtype
Figure 7.5 Sequencing Kits in Kits & Consumables Segment
Figure 7.6 Isolation and Extraction Kits in Kits & Consumables Segment
Figure 7.7 Others Kits in Kits & Consumables Segment
Figure 7.8 Sequencing Kits Market in Kits and Consumables Market, by Technology
Figure 7.9 Illumina Sequencers in Sequencing Kits Market
Figure 7.10 Pacibo Sequencers in Sequencing Kits Market
Figure 7.11 Oxford Nanopore Sequencers in Sequencing Kits Market
Figure 7.12 Others Nanopore Sequencers in Sequencing Kits Market
Figure 7.13 Global NGS in Agrigenomics by Instruments
Figure 7.14 Global NGS in Agrigenomics in Others Market
Figure 8.1 Global NGS in Agrigenomics Market by Process
Figure 8.2 Steps Used in Physical Approach
Figure 9.1 NGS in Agrigenomics Market- Geographic Segmentation, 2016
Figure 9.2 Global NGS in Agrigenomics Market, 2016-2021 ($Million)
Figure 9.3 Global NGS in Agrigenomics Market by Region, 2016–2021 ($Million)
Figure 9.4 North America NGS in Agrigenomics Market by Application, 2016 - 2021 ($Million)
Figure 9.5 North America NGS in Agrigenomics Market by Country, 2016 & 2021 ($Million)
Figure 9.6 The U.S. NGS in Agrigenomics Market by Application (2016-2021) $Million
Figure 9.7 Canada NGS in Agrigenomics Market by Application (2016-2021) $Million
Figure 9.8 Mexico NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.9 Asia Pacific NGS in Agrigenomics Market, 2016 - 2021, $Million
Figure 9.10 Asia Pacific NGS in Agrigenomics Market by Country, 2016 & 2021 ($Million)
Figure 9.11 China NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.12 India NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.13 Japan NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.14 South Korea NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.15 ANZ NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.16 Rest of APAC NGS in Agrigenomics Market by Application, (2016-2021), $Million
Figure 9.17 Europe NGS in Agrigenomics Market 2016 - 2021, $Million
Figure 9.18 Europe NGS in Agrigenomics Market by Country, 2016 & 2021 ($Million)
Figure 9.19 The U.K. NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.20 Germany NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.21 France NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.22 Italy NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.23 Spain NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.24 The Netherlands NGS in Agrigenomics Market by Application, (2016-2021), $Million
Figure 9.25 Rest of EU NGS in Agrigenomics Market by Application, (2016-2021), $Million
Figure 9.26 RoW NGS in Agrigenomics Market by Application, 2016 - 2021, $Million
Figure 9.27 RoW NGS in Agrigenomics Market by Country, 2016 & 2021 ($Million)
Figure 9.28 Brazil NGS in Agrigenomics Market by Application (2016-2021), $Million
Figure 9.29 South Africa NGS in Agrigenomics Market, by Application (2016-2021), $Million
Figure 9.30 Israel NGS in Agrigenomics Market, by Application (2016-2021), $Million
Figure 9.31 Others NGS in Agrigenomics Market, by Application (2016-2021), $Million
Figure 10.1 10X Genomics: Product Portfolio
Figure 10.2 10x Genomics: SWOT Analysis
Figure 10.3 Agrigenome: SWOT Analysis
Figure 10.4 Agrigenomics Inc.: SWOT Analysis
Figure 10.5 Arbor Biosciences: SWOT Analysis
Figure 10.6 Array Gen: SWOT Analysis
Figure 10.7 BGI: SWOT Analysis
Figure 10.8 Biogenetic Services Inc.: SWOT Analysis
Figure 10.9 CEN4GEN: SWOT Analysis
Figure 10.10 Eurofins: Overall Financials, 2014-2016
Figure 10.11 Eurofins Scientific: Net Revenue by Region, 2014-2016
Figure 10.12 Eurofins Scientific: SWOT Analysis
Figure 10.13 GALSEQ SRL VIA ITALIA: SWOT Analysis
Figure 10.14 Genome Life Sciences: SWOT Analysis
Figure 10.15 Illumina Inc.: Product Portfolio
Figure 10.16 Illumina Inc.: Overall Financials, 2014-2016
Figure 10.17 Illumina Inc.: Net Revenue by Business Segment, 2014-2016
Figure 10.18 Illumina Inc.: Net Revenue by Region, 2014-2016
Figure 10.19 Illumina Inc.: SWOT Analysis
Figure 10.20 Neogen Corporation: Overall Financials, 2014-2016
Figure 10.21 Neogen Corporation: Net Revenue by Business Segment, 2014-2016
Figure 10.22 Neogen Corporation: SWOT Analysis
Figure 10.23 NuGen Technologies Inc.: SWOT Analysis
Figure 10.24 LGC Limited: SWOT Analysis
Figure 10.25 Pacific Biosciences of California Inc.: Overall Financials, 2014-2016
Figure 10.26 Pacific Biosciences of California Inc.: Net Revenue by Region, 2014-2016
Figure 10.27 Pacific Biosciences of California Inc.: Net Revenue by Business Segment, 2014 - 2016
Figure 10.28 Pacific Biosciences of California Inc SWOT Analysis
Figure 10.29 QTLomics Technologies Pvt. Ltd.: SWOT Analysis
Report Description
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.
The report is a compilation of the different segments of the global NGS in agrigenomics market, including market breakdown by application, product type, and different geographical areas. Herein, the revenue generated from the different product type, namely, kits & consumables, instruments and others; application; crops and livestock, are tracked to calculate the overall market size. While highlighting the key driving, and restraining forces for this market, the report also provides a detailed summary of the market. It also includes the key participants involved in the manufacturing and distribution of these products.
The report puts special emphasis on the market share of the leading companies in the NGS in agrigenomics market, owing to the changing paradigms in the industry. The report further includes a thorough analysis of the impact of the Porter’s Five major Forces to understand the overall attractiveness of the industry. The report also focuses on the key developments and investments made in the NGS in agrigenomics market by the key players.
The commonly used strategy adopted by the key players to enhance their geographical presence is mergers & acquisition, followed by new product launch. Moreover, the company profiles section highlights significant information about the key companies involved, along with their financial positions, key strategies & developmental activities since the past few years.
Further, the report includes an exhaustive analysis of the geographical split into North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). Each geography details the individual push and pull forces in addition to the key players from that region. The prominent players operating in the global NGS in agrigenomics market are Illumina Inc., Agilent Technologies Inc., Ontario Genomics, Genome Atlantic, LGC Limited, BGI, Neogen Corporation, NuGen technologies Inc., Eurofins Genomics and Arbor Biosciences, among others.
Key Questions Answered in this Report
The report answers the following questions about the global NGS in agrigenomics market:
• What was the size, in terms of value ($million) of the NGS in agrigenomics market in 2016, and what will be the growth rate during the forecast period, 2017-2021?
• What are different sequencing products being supplied by the key players in the NGS in agrigenomics market?
• What was the revenue generation of NGS in the agrigenomics market for different applications in 2016, and what is their growth prospect?
• What is the market size of different kits and instruments, in terms of value and their respective growth prospects and key developments?
• What is the NGS in agrigenomics market size for different regions, on the basis of various types and application?
• What are the key trends and opportunities in the market, pertaining to the countries included in different geographical regions?
• How attractive is the market for different stakeholders present in the industry by analyzing the futuristic scenario of NGS in agrigenomics market?
• What are the major driving forces that tend to increase the demand for NGS in agrigenomics market during the forecast period?
• What are the major challenges inhibiting the growth of the global NGS in agrigenomics market?
• What kind of new strategies are being adopted by the existing market players to make a mark in the industry?
• What is the competitive strength of the key players in the NGS in agrigenomics market by market share analysis?
• Who are the key market players in the market, along with their detailed analysis & profiles (including company snapshots, their financials, key products & services, and SWOT analysis)?
Market Overview
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
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.
Competitive Landscape
The competitive landscape for the NGS in agrigenomics market demonstrates an inclination towards companies adopting strategies such as, product launch and development, and partnerships and collaborations. The result of the emerging strategies and developments are helping the market in the form of more mergers & acquisition being done by the key players in the NGS in agrigenomics market. Moreover, the growing market of NGS in agrigenomics is further expected to increase the involvement of companies across different segments of the value chain.
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.
The key players operating in this market have ramped up their merger & acquisition over the recent years, in order to generate public awareness about their existing and new products, and technologies, and to compete with the competitors’ product portfolio. This has been the most widely adopted strategy by the players in this market. For instance, in January 2018, Zymergen acquired Radiant Genomics. The acquisition enhanced the company’s product portfolio to be used in a range of industries which include agriculture, healthcare, chemicals and materials, and others.
New product launches have also been significantly employed for expansion in the NGS in agrigenomics market. With the increasing growth in the global market, companies operating in this industry are compelled to come up with collaborative strategies in order to sustain in the intensely competitive market. For instance, in November 2017, LGC Ltd. launched SeqSNP, a novel end-to-end service for targeted genotyping using thousands of SNP markers. This service helps customers to accelerate their animal and plant breeding, and bring their products to market faster.
In January 2018, 10X Genomics launched a new version of De novo assembly solution to provide the fastest and cost-effective solution for creating high-quality De novo assemblies to be used in plants. Moreover, extensive R&D activities and appropriate regulatory environments are also a prerequisite for the sustained growth of this market. Various government and private research institutes, and favorable trade policies are putting in substantial efforts to identify the benefits of these technology to be used in the agricultural industry. The need for sustainable farming techniques is necessary to bridge the demand & supply gap along with attaining sustainability in the production.
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