NGS-based Food Safety Screening & Testing Market Size (2023 – 2030)

The Global NGS-based Food Safety Screening & Testing Market was estimated to be worth USD 15 Billion in 2022 and is anticipated to reach a value of USD 51.64 Billion by 2030, growing at a fast CAGR of 16.71 % during the forecast period 2023-2030.

The introduction of Next Generation Sequencing (NGS) to the food and beverage industry has completely changed how food authenticity is tested. Accurate separation of numerous different species in a sample is made possible by the NGS untargeted technique.

Food theft costs the food business over USD 15 billion annually. The capabilities of the analytical tools employed for ingredient traceability are challenged by the complexity of the food supply chain. As part of the verification of authenticity, raw material traceability, and quality control of handling and cleaning operations in food manufacturing lines, the species present in food and feed samples must be identified. The implementation of a streamlined NGS approach with ready-to-use kits for DNA extraction and library preparation shows significant promise for solving the problems associated with conventional food testing.

Along with culturing and PCR-based identification techniques, NGS-based methodology and sample characterization procedures, such as taxonomic profiling of bacterial populations and WGS of isolates, are gaining popularity. For advanced food screening operations, food quality testing labs are now well-equipped with portable equipment from Oxford Nanopore as well as desktop sequencing systems from Ion Torrent or Illumina.

To establish a baseline for a "normal" microbiome community and monitor deviations that are related to food spoilage, research teams at international dairy companies are also using the QIAGEN CLC Genomics Workbench integrated with Oxford Nanopore sequencing technology to perform whole metagenome shotgun analyses on dairy products.

Global NGS-based Food Safety Screening & Testing Market Drivers:

• Advancement in technology is driving growth in the NGS-based Food Safety Screening & Testing Market.

The introduction of new technology by major market players in recent years has given competitors an immediate advantage. Players in the market are now concentrating on stepping up their R&D efforts in the creation of new products. The leading cutting-edge platforms in the market are PromethION (Oxford Nanopore Technologies), Ion Torrent Genexus Dx Integrated Sequencer (Thermo Fisher), iSeq 100 (Illumina), and lon GeneStudio S5 System (Thermo Fisher).

• Growing human genetics knowledge is one of the key factors in the growing demand for the NGS-based Food Safety Screening & Testing Market.

Reduced sequencing costs, growing human genetics knowledge, the popularity of targeted therapies, better genomic data management, and the technical and financial benefits of using NGS in food testing labs rather than the traditional method of testing are some of the main factors driving the market growth.

Global NGS-based Food Safety Screening & Testing Market Challenges:

In underdeveloped countries, financing for academic R&D is primarily provided by outside sources. Despite ongoing attempts by public and commercial organizations to offer funds for research around the world, many academic and research institutions face financial restrictions when it comes to the purchase and usage of cutting-edge and expensive equipment and technology. As a result, academic and research institutions in underdeveloped countries struggle to build or expand cutting-edge research facilities. This is a major barrier to the uptake of technologies like NGS in poor countries in Asia and Africa.

Global NGS-based Food Safety Screening & Testing Market Opportunities:

The effectiveness of biomarkers in illness identification has risen as a result of ongoing advancements in sequencing technologies and a deeper understanding of genetics. Governments around the world are anticipated to make sizeable investments in genome sciences, which will ensure a positive future demand for NGS in such applications. Precise diagnosis and personalized medicine increase survival rates as well as reduce the financial burden on national health insurance programs.

COVID-19 Impact on Global NGS-based Food Safety Screening & Testing Market:

Rising consumer awareness of safe foods and the emergence of foodborne illnesses are driving COVID-19's beneficial effects on the food safety testing industry. To guarantee a safer supply of food to people in both local and foreign countries, food security regulations are becoming more stringent. Governments have adopted several regulations that affect consumers, industry, and regulators.

But other laboratories have had to close entirely or partially as a result of the implementation of lockdown and other pandemic mandates. The volume of testing as a whole has decreased as a result of this worldwide. Additionally, restricted raw material transportation brought on by a broken supply chain has threatened market expansion during a pandemic.

Global NGS-based Food Safety Screening & Testing Market Recent Developments:

• To increase access to genetic testing for multidrug-resistant tuberculosis in the nations most affected by the disease, Mlumina (US) and GenoScreen (France) teamed in October 2022.
• By utilizing the ability to identify genetic variants that contribute to human diseases, Illumina (US) and AstraZeneca (UK) embarked on a strategic research agreement in October 2022 to increase the effectiveness of pharmaceutical pipelines.
• Thermo Fisher Scientific (US) gained FDA approval for the Oncomine Dx Target Test in September 2022 as the first NGS-based companion diagnostic to help patients with RET Mutations/Fusions in thyroid malignancies choose their medication.

NGS-BASED FOOD SAFETY SCREENING & TESTING  MARKET REPORT COVERAGE:

Global NGS-based Food Safety Screening & Testing Market Segmentation:

Global NGS-based Food Safety Screening & Testing Market Segmentation: By Product

• Instruments

• Consumables & Accessories

The NGS consumables segment, which accounted for the largest revenue share in 2021, is anticipated to maintain this pattern for the duration of the forecast period. The increasing need for sophisticated pre-sequencing tools and kits to carry out target enrichment, DNA fragmentation, size selection, and other pre-sequencing procedures can be ascribed to the technological improvements in NGS workflows.

Additionally, it is projected that the segment revenue will be driven by frequent usage and the buy rate of consumables to carry out the sequencing process of a specific sample. On the other hand, because of the ongoing introduction of new platforms to speed up the sequencing process, instruments are predicted to experience a significant increase during the projection period.

Global NGS-based Food Safety Screening & Testing Market Segmentation: By Application

• Meat
• Poultry
• Seafood
• Dairy Products
• Processed Food
• Other Foods

The demand for processed meals is increasing as a result of evolving lifestyles and a growing population. Spending on processed meals rises as a result of rising income levels, particularly in emerging nations. The proliferation of contemporary store forms that promote processed goods is a result of rapid urbanization. The use of NGS-based food screening for processed foods is being driven by these considerations, accounting for the lion's share of this market.

Dairy goods are also anticipated to have a significant revenue share in the coming years. Additionally, the ready availability of dairy products has been made possible by modern retail facilities and cold chain logistics, which further propel growth.

Global NGS-based Food Safety Screening & Testing Market Segmentation: By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

The market's largest revenue share is predicted to come from North America (the US, Canada, and Mexico). Numerous clinical laboratories that use NGS to offer testing services are what is driving the regional market. Additionally, the key players in North America are developing and marketing new goods, which is promoting market expansion.

The market is also being driven by increased output in the North American food sector. Outbreaks of foodborne illness are also tied to North America's sizable market. Every stage of food manufacturing and processing must follow a strict food safety testing routine to ensure the food is safe for human consumption and to support the market. The two types of testing that are most frequently used in this area are microbiological and GMO testing. The rise of food safety testing has been fuelled by the implementation and enforcement of strict food safety regulations, such as a zero-tolerance policy for Listeria infection. In the US, GMO testing is most common after microbial testing.

On the other hand, due to the rising demand for NGS as well as increased public awareness of NGS, Asia-Pacific is anticipated to become a lucrative source of revenue throughout the projection period. Additionally, a major factor driving the market is the growing demand for pathogen testing, particularly in the meat and poultry industries. Additionally, recent developments in information and communication technology have helped to tighten the regulatory framework for food safety, which has boosted the market for food safety testing.

The Asia Pacific NGS-based Food Safety Screening & Testing Market Market is anticipated to be dominated by China. The China market is anticipated to drive revenue flow in this area because of the increased awareness and understanding of NGS technology among the Chinese research community.

Global NGS-based Food Safety Screening & Testing Market Key Players:

1. Thermo Fisher Scientific, Inc.
2. Eurofins Genomics
3. SGS SA
4. Clear Labs, Inc.
5. Illumina, Inc.
6. QIAGEN
7. Oxford Nanopore Technologies
8. Integrated DNA Technologies
9. Neogen
10. Agilent Technologies, Inc