According to a new report by UnivDatos, the Next Generation Sequencing (NGS) in Agrigenomics market is expected to reach USD XX million in 2033 by growing at a CAGR of 9.5%. The Next Generation Sequencing (NGS) in the Agrigenomics market is advancing rapidly as the world becomes more interested in food security, sustainable agriculture, and climate-resilient crops. The growth of the population, as well as the declining size of arable land, is compelling governments and agribusinesses to embrace advanced genomic technology with an aim of ensuring increased productivity and quality of crops. The prices of sequencing have dropped, and the turnaround time is quicker, which has made NGS more affordable to research institutions and commercial breeding companies. Also, the efficiency of trait discovery and selection is being improved through the development of bioinformatics, precision breeding, and gene-editing technologies. The extensive use of NGS in agrigenomics is further supported by strong public and private investments into agricultural biotechnology.

Rising global food demand and pressure to enhance agricultural productivity

The increase in world population and the changing demand for food production serve as factors promoting the development of Next Generation Sequencing (NGS) in the Agrigenomics market, as the growing population and shifting consumption trends have been putting significant pressure on agricultural production systems. Increased demand for different and protein-rich diets has worsened the pressure on higher output in crops and increased livestock performance. Meanwhile, the inadequate arable land, soil erosion, water shortage, and fluctuation of climatic conditions are limiting the traditional agricultural processes. NGS will allow to accurately determine genetic traits that are associated with yield improvement, disease resilience, stress resistance, and improved nutritional quality. Genetic selection and marker-assisted breeding techniques can be used to accelerate the breeding process, and NGS makes this a more efficient process by producing a better breed of crop and livestock.

Access sample report (including graphs, charts, and figures): https://univdatos.com/reports/next-generation-sequencing-in-agrigenomics-market?popup=report-enquiry

According to the report, the North America region held the dominant market share in the Next Generation Sequencing (NGS) in Agrigenomics Market

North America held the dominant market share in the global NGS for the Agrigenomics market because the country possesses a well-developed agricultural biotechnology ecosystem, well-developed research infrastructure, and has heavy financial support in genomic innovation. The region is fortunate to have some of the major providers of sequencing technologies, agrigenomics firms, as well as research universities working diligently on crop and livestock genomes. There has also been a high level of acceptance in the use of precision breeding methods and early acceptance of bioinformatics tools that have helped enhance market penetration. Moreover, effective regulatory frameworks, high protection of intellectual property, and close coordination between government institutions and commercial agribusiness companies have increased the pace of commercialization of the NGS-based agricultural solutions in the region.

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