NGS-based Food Safety Screening & Testing Market Research Report – Segmentation By Product (Instruments and Consumables & Accessories); By Application (Meat, Poultry, and Seafood, Dairy Products, Processed Food, and Other Foods); and Region - Size, Share, Growth Analysis | Forecast (2023 – 2030)

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:

REPORT METRIC	DETAILS
Market Size Available	2022 - 2030
Base Year	2022
Forecast Period	2023 - 2030
CAGR	16.71%
Segments Covered	Product, Application, and Region
Various Analyses Covered	Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regional Scope	North America, Europe, APAC, Latin America, Middle East & Africa
Key Companies Profiled	Thermo Fisher Scientific, Inc., Eurofins Genomics, SGS SA, Clear Labs, Inc., Illumina, Inc., QIAGEN, Oxford Nanopore Technologies, Integrated DNA Technologies, Neogen, Agilent Technologies, Inc

 

 

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

Global automotive lighting refers to all vehicle lighting systems, from headlamps that illuminate the road to taillights that communicate movements. They guarantee motorists and other road users alike safety, visibility, and style. While taillights frequently use LEDs for improved visibility, headlights are available in a variety of technologies, including LED and laser. Interior illumination, DRLs, and signal lights all have a role to play. This market, which was estimated to be worth $33.64 billion in 2022, is anticipated to rise to $67.39 billion by 2030 because of laws, luxury tastes, safety concerns, and technological developments like OLED taillights and adaptive headlights. Anticipate a future dominated by intelligent, connected, personalized, and sustainable lighting systems that enhance the safety, efficiency, and aesthetic appeal of automobiles.

Key Market Insights:

Car lighting works its magic to provide safety, visibility, and style. Headlights cut through the night, taillights express intent, and interiors shine with comfort. The billion-dollar global business is expected to rise due to consumer demand for high-end experiences, safer roads, and cutting-edge technology. Imagine dynamic messages being painted by taillights, headlights that adjust to the road, and interiors that customize their atmosphere. Driven by technological advancements like linked systems and laser beams, this future is calling. Anticipate even more visually attractive, environmentally friendly, and intelligent lighting to illuminate the way ahead, making cars safer, more efficient, and unquestionably cooler.

Global Automotive Lighting Market Drivers:

Using cutting-edge technology to illuminate the road, safety serves as a guiding light.

In the market for automobile lighting, safety is the driving force behind demand from the public and laws. While automated high beams smoothly react to traffic, adaptive headlights modify their beams so as not to blind other people. With visually striking displays, dynamic taillights convey intentions for braking and turning. Beyond these developments, integrated pedestrian identification and lane departure alerts will soon make roads safer and brighter for everyone.

Beyond Performance-Based Luxuries Redefined by Light.

Luxurious automobile lighting creates a distinct visual identity that goes beyond simple illumination. Personalized interior lighting customizes the driving experience by setting the mood with a range of colours and intensities, while intricate designs and distinctive DRLs modify exteriors. As you approach your automobile at night, welcoming lights lead the way, resulting in an interior that is perfectly lit. Not only is this symphony of light aesthetically pleasing, but it also stands as a tribute to luxury. Upcoming developments like gesture-controlled lighting and holographic displays promise to further enhance the experience.

Fuel Efficiency Takes the Lead: Illuminating Sustainability

The worldwide automotive lighting market is undergoing a significant transition towards energy-efficient solutions, as environmental concerns gain prominence. LED technology is leading the way, providing a ray of hope for the environment and drivers alike. LED lights beam brighter and use a lot less energy than conventional halogen lamps. There are some tangible advantages to this. For drivers, this translates to increased fuel economy, which lowers petrol prices and lessens reliance on fossil fuels. Greater air quality and a reduction in the transport sector's contribution to climate change are the results of reduced overall emissions.

Global Automotive Lighting Market Restraints and Challenges:

Although the global automotive lighting business is booming, there are still unknowns. Difficulties impede growth even as innovation propels it with eye catching features like laser beams and adaptable headlights. These technologies are luxury items due to their high cost and difficult integration, which puts producers' abilities to the test. The worldwide patchwork created by unclear legislation limits the potential of innovation. Durability issues persist, particularly when complex systems are subjected to challenging conditions. Ultimately, a lot of drivers still don't fully understand how these improvements can help them. Together, we can overcome these obstacles. The keys to reducing costs are improved production, more seamless integration, and unified regulations. Their full potential can be realized by educating customers about the safety, efficiency, and aesthetic value of these lighting wonders. By working together, we can pave the way for an even brighter and safer future for vehicle lighting.

Global Automotive Lighting Market Opportunities:

It is made possible by advanced LED technology, which gives drivers the ability to customize their illumination for the highest level of comfort and flair. Consumers that care about the environment want greener products, and vehicle lighting complies. While solar- and self-powered lighting technologies offer a future powered by clean energy, energy-efficient LEDs lower pollution. The advent of connected lighting systems heralds a new age. Envision automobiles interacting with infrastructure and one another to minimize accidents and enhance traffic efficiency. Integrated headlights with pedestrian recognition provide unmatched safety, while dramatic taillights with eye-catching displays alert onlookers to your intentions. The possibilities are endless in the future. Gesture-controlled interior illumination, holographic displays projected onto the road, and even light fixtures with self-healing capabilities.

AUTOMOTIVE LIGHTING MARKET REPORT COVERAGE:

Global Automotive Lighting Market Segmentation: By Application

• Exterior Lighting
• Interior Lighting

Due to laws requiring safety features like headlights, taillights, and brake lights, exterior lighting presently holds the most market share in the vehicle lighting industry. The dominance of this market is partly attributed to advancements in safety-focused technologies such as adaptive headlights and daytime running lights. The market value of external lighting is increased by the quick adoption of technology like LED bulbs and laser lights, which improve performance and aesthetics. Conversely, the interior lighting market is expected to increase at the fastest rate in the upcoming years. Innovations like ambient lighting and technology breakthroughs like LED and OLED displays, driven by consumer demand for comfort and personalisation, open new possibilities. The spread of sophisticated interior lighting systems is further driven by the growing emphasis on safety and the expansion of the luxury car market.

Global Automotive Lighting Market Segmentation: By Technology

• Halogen
• LED (Light-Emitting Diode)
• Xenon
• Emerging Technologies

The worldwide vehicle lighting market is currently dominated by halogen because of its more affordable price, advanced technology, and useful illumination. With its dependable supply chain and affordable option for manufacturers and cost-conscious customers, halogen holds the biggest market share. The fastest-growing market right now is LEDs, which are predicted to shortly overtake halogen. The rapid expansion of LEDs is driven by their higher efficiency, longer lifespan, flexibility in design, and technological breakthroughs including enhanced brightness. Because LEDs use less energy and produce fewer emissions and better fuel economy, they are becoming more and more popular in the changing automotive lighting market.

Global Automotive Lighting Market Segmentation: By Vehicle Type

• Passenger Cars
• Commercial Vehicles

Passenger automobiles rule the worldwide automotive lighting market. The sheer number of passenger cars produced which surpasses that of business vehicles and fuels the need for lighting systems is the primary cause of this popularity. The growing demand for personal automobiles in developing nations is a result of rising disposable income, which in turn drives the rise of the passenger car market. The importance that consumers place on safety and aesthetics elements helps to drive market expansion. But in the upcoming years, the market for electric and hybrid cars is expected to develop at the quickest rate. The exponential rise of the worldwide electric car market, which is still expanding and shows no signs of slowing down, is what is driving this surge. Specialised lighting solutions are required since electric and hybrid vehicles have different lighting requirements because of their specific functionality and design aesthetics.

Global Automotive Lighting Market Segmentation: By Sales Channel

• OEM (Original Equipment Manufacturers)
• Aftermarket

Most lighting systems sold nowadays are sold by OEMs (Original Equipment Manufacturers), primarily because manufacturers pre-install lighting systems in new cars. But in the next years, the aftermarket is expected to develop at the quickest rate. This spike in demand for replacement parts, especially lighting systems, can be linked to several variables, one of them being the average age of cars. The industry is expanding because of consumers' growing desire to personalise their cars with aftermarket lighting upgrades such LED upgrades and decorative lighting. The availability and affordability of technologies like adaptive headlights and laser lights in the aftermarket, together with other advancements in lighting technology, are driving demand even more. Moreover, the growing market for electric cars (EVs).

Global Automotive Lighting Market Segmentation: By Region

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

Throughout the forecast period, Asia Pacific is anticipated to be the automotive lighting market with the highest profitability. Over the past few years, Asia Pacific countries like China and India have seen notable increases in automotive manufacturing and sales, primarily in the medium-to premium luxury car segment. Asia Pacific is predicted to see an increase in the manufacturing of passenger cars, with India experiencing the strongest growth rate. Depending on the state of the national economy, the area offers a suitable selection of both high-end and cheap cars. For instance, there is a substantial demand for halogen, Xenon/HID, and LED since China and India produce more economy and mid-range automobiles. On the other hand, luxury car adoption rates are greater in South Korea and Japan, where LED lighting is the norm.

COVID-19 Impact Analysis on the Global Automotive Lighting Market:

A brief shadow was thrown by COVID-19 over the worldwide automotive lighting market. Production was stopped by lockdowns and supply chain disruptions, while luxury lighting upgrades were shelved by consumers on a tight budget. Resources became scarce, and R&D stagnated. Still, the market is recovering thanks to resurgent demand and rearranged priorities. While energy-efficient LEDs are being pushed towards adoption by sustainability, safety concerns are driving interest in features like pedestrian detection and adaptive headlights. The digital push of the epidemic creates opportunities for intelligent, networked lighting systems that may interact with infrastructure and other cars. Ultimately, the industry is positioned to shine brighter, focused on safety, sustainability, and a connected future, even though the pandemic dimmed its brilliance.

Recent Trends and Developments in the Global Automotive Lighting Market:

A development collaboration between OSRAM Continental and REHAU aims to incorporate lighting into external components, providing automobile manufacturers with innovative lighting options that improve functionality and design flexibility. For rear combination lamps, Hella unveiled a revolutionary lighting innovation called Hella FlatLight technology. A Memorandum of Understanding (MoU) was signed by Samvardhana Motherson Automotive Systems Group BV (SMRPBV), a division of Motherson Group, and Marelli Automotive Lighting to investigate a technology collaboration focused on intelligently lighted external body components. Valeo debuted their revolutionary 360° lighting system at the Shanghai Auto Show. This technology surrounds the car with a band of light, projecting instantaneous, clear signs that other drivers can see from a distance. Pedestrians, cyclists, and scooter riders are especially susceptible to these signals

Key Players:

1. AMS Osram
2. Cree
3. Hella
4. Hyundai Mobis
5. Koito
6. Luminus Devices
7. Magneti Marelli
8. Osram Licht AG
9. Stanley Electric
10. Valeo