Global NGS In Agrigenomics Market Size By Type (NovaSeq, NextSeq), By Application (Academic Institutes & Research Centers, Hospitals & Clinics), By Region, And Segment Forecasts, 2023 to 2032

The Global NGS (Next-Generation Sequencing) in Agrigenomics Market was valued at USD 1.1 billion in 2023 and is projected to surpass USD 3.5 billion by 2031, growing at a CAGR of 15.2% during the forecast period of 2023 to 2031. The rapid expansion of NGS technology in agrigenomics is driven by the increasing need for enhanced agricultural productivity, crop improvement, and the rising demand for high-quality, genetically superior livestock. NGS is revolutionizing agrigenomics by enabling precise genome sequencing, marker-assisted breeding, and pathogen detection, thereby contributing to food security and sustainability.

Drivers

Growing Adoption of Precision Agriculture

Advancements in agricultural biotechnology and precision farming are propelling the adoption of NGS-based solutions. Farmers and researchers are leveraging genomic sequencing for optimized breeding programs, ensuring higher crop yields and disease-resistant plant varieties.

Technological Advancements in NGS

The continuous evolution of sequencing technologies has significantly reduced costs while increasing the speed and accuracy of genomic analysis. Innovations such as long-read sequencing and high-throughput sequencing have expanded the application of NGS in agrigenomics.

Rising Demand for Sustainable Agriculture

With the increasing global population and climate change challenges, sustainable agricultural practices are gaining traction. NGS allows scientists to develop climate-resilient crops, improve soil health, and enhance livestock breeding programs, ensuring food sustainability.

Restraints

High Initial Investment and Infrastructure Costs

Despite declining sequencing costs, the initial investment required for NGS platforms, data analysis software, and skilled personnel remains a significant barrier, particularly in developing regions.

Data Complexity and Bioinformatics Challenges

The sheer volume of sequencing data generated through NGS necessitates robust bioinformatics tools and expertise for accurate interpretation. Many agricultural research facilities lack the computational resources needed to analyze and store vast genomic datasets.

Opportunity

Expanding Applications in Livestock Genomics

NGS technology is increasingly being used for livestock genomics, facilitating trait selection, genetic disease identification, and improvement in meat and dairy quality. The growing demand for high-quality animal products presents a lucrative opportunity for market expansion.

Government and Private Sector Investments

Several governments and private organizations are investing in genomics-driven agriculture research. Funding for precision breeding programs and genome-editing technologies is creating a favorable environment for NGS adoption in agrigenomics.

Market by System Type Insights

Based on system type, the Illumina Sequencing segment dominated the market in 2023, holding the largest share. Illumina-based sequencing platforms offer high accuracy, scalability, and cost-effectiveness, making them the preferred choice for agrigenomic research. The PacBio and Oxford Nanopore sequencing technologies are also gaining traction due to their long-read sequencing capabilities, which are particularly beneficial for complex plant genomes.

Market by End-use Insights

The Crop Genomics segment accounted for over 55% of the total market share in 2023. NGS is widely used in plant genome sequencing, marker-assisted selection, and disease resistance studies. The Livestock Genomics segment is also expanding rapidly due to the increasing need for genetic improvement programs in dairy, poultry, and cattle industries.

Market by Regional Insights

North America led the market in 2023, driven by high adoption rates of advanced agrigenomic technologies, significant research funding, and the presence of key market players.

Europe is also a major contributor, with strong government initiatives supporting agricultural biotechnology.

The Asia-Pacific region is expected to witness the highest growth during the forecast period, fueled by rising investments in agricultural genomics, increasing food demand, and technological advancements in countries like China and India.

Competitive Scenario

Key players in the Global NGS in Agrigenomics Market include:

Illumina, Inc.

Thermo Fisher Scientific, Inc.

Agilent Technologies, Inc.

Qiagen N.V.

Eurofins Scientific

BGI Genomics Co., Ltd.

Oxford Nanopore Technologies

PerkinElmer, Inc.

Zoetis, Inc.

Neogen Corporation

These companies are actively engaged in technological advancements, strategic collaborations, and mergers & acquisitions to expand their market presence. For instance:

In 2023, Illumina launched a new high-throughput sequencing platform aimed at enhancing agricultural genomic studies.

Qiagen announced a partnership with a leading agritech firm to develop NGS-based solutions for plant breeding.

Oxford Nanopore introduced a portable sequencing device specifically designed for in-field genomic analysis.

Scope of Work – Global NGS in Agrigenomics Market

Key Market Developments

April 2023: Illumina launched a new NGS platform tailored for agricultural research, improving sequencing speed and reducing costs.

June 2023: BGI Genomics partnered with leading agricultural institutes to enhance genome-based crop improvement programs.

September 2023: Neogen Corporation introduced a novel genetic screening solution for livestock, enabling more accurate breed selection and health monitoring.

December 2023: Thermo Fisher Scientific expanded its agrigenomics product line, integrating AI-based genome analysis for faster and more precise results.

FAQs

1. What is the current market size of the Global NGS in Agrigenomics Market?

The Global NGS in Agrigenomics Market was valued at USD 1.1 billion in 2023 and is expected to witness significant growth during the forecast period.

2. What is the major growth driver of the Global NGS in Agrigenomics Market?

The increasing adoption of precision agriculture and advanced sequencing technologies is a key driver propelling market expansion.

3. Which is the largest region during the forecast period in the Global NGS in Agrigenomics Market?

North America holds the largest market share due to strong research funding and widespread adoption of NGS in agricultural applications.

4. Which segment accounted for the largest market share in the Global NGS in Agrigenomics Market?

The Crop Genomics segment accounted for over 55% of the market share in 2023, driven by its extensive use in plant breeding and disease resistance studies.

5. Who are the key market players in the Global NGS in Agrigenomics Market?

Major players include Illumina, Thermo Fisher Scientific, Agilent Technologies, Qiagen, BGI Genomics, Oxford Nanopore Technologies, PerkinElmer, and Neogen Corporation.

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