The Agrigenomics Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Agrigenomics Market: Dynamics
The rapid penetration of sequencing technology in the agrigenomics market has resulted in higher throughput and lower cost per sample. Owing to this factor, the NGS technique is posed as a cost-effective and efficient tool for genotype screening, purity testing, gene mapping, screening backcross lines, performing association mapping, constructing haplotype maps and genomic selection in the agrigenomics market.
Moreover, NGS is widely used for larger genomes where funding is limited in the agrigenomics industry. Also, crop researchers supporting the application of NGS in agrigenomics for genomic assisted breeding and genomic selection have been driving the industry. Researchers are exploring the agrigenomics industry by finding alternatives to curb diseases that causes huge food loss. One such development in the agrigenomics market was by the Kansas State University (KSU), which cloned genes resistant to Fusarium head blight disease.
Agrigenomics Market: Market Players
Some of the agrigenomics market contributors are Illumina, Affymetrix, Genotypic Technology Pvt Ltd, Thermo Fisher Scientific, GalSeq srl, SciGenom Labs Pvt. Ltd, Edico Genome, Agilent Technologies, Inc. (U.S.), Eurofins Scientific SE and LGC Limited.
Industry players are expanding their product portfolios by either developing new sequencing solutions or through acquisitions. In January 2016, Affymetrix, Inc. with the introduction of new targeted GBS solution and array formats expanded its agrigenomics portfolio.
The agrigenomics industry is also experiencing the penetration of cloud technology for platform generation. Genestack, a developer of a platform for genomic research and development, was a part of a research project along with Rothamsted Research.
Agrigenomics Market: Region-wise Outlook
North America dominated the agrigenomics market due to massive government investment to undertake advanced sequencing techniques. In May 2016, the U.S. Department of Agriculture (USDA)’s National Institute of Food and Agriculture (NIFA) and the Department of Energy (DOE) invested USD 10 million towards more efficient agriculture feedstock improvements and biofuel production. Asia-Pacific is the fastest growing region in the agrigenomics market with increasing government investment in the field of genomics and export of crops. In Japan, research in the field of agrigenomics is also growing as research institutes and industry players merge to unwind complex genomic profiles. In November 2016, NRGene was the first organization to assemble the genome structure of a commercially grown strawberry. The genome was sequenced using Illumina sequencing technology and assembled by NRGene’s cloud-based DeNovoMAGIC 3.0 software.
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