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Animal Genetics Market Projected to Surpass 5100 million US$ by 2022 – Analysis by Global Key Vendors - Genus PLC, Hendrix Genetics, EW Group, Zoetis, CRV Holding, Grimaud, Topigs Norsvin, Alta Genetics

11-14-2018 03:27 PM CET | Health & Medicine

Press release from: Business Industry Reports

Animal Genetics Market

Animal Genetics Market

Global Animal Genetics Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.

Global Animal Genetics Market Overview:

According to Market Analyst, Global Animal Genetics Market is projected to grow at a healthy growth rate from 2018 to 2022.

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With the slowdown in world economic growth, the Animal Genetics industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Animal Genetics market size to maintain the average annual growth rate of 8.24% from 2740 million $ in 2014 to 3480 million $ in 2017, According to Market Analyst in the next few years, Animal Genetics market size will be further expanded by 2022, The market size of the Animal Genetics will reach 5100 million $.

The global animal genetics market is anticipated to witness healthy growth during the forecast period, owing to steep rise in the demand for and consumption of animal proteins and rapidly increasing urban population all over the world. Rapid increase in the number of animal diseases, rising trend of possessing companion animals, and high prevalence of zoonotic diseases have fueled the demand for high-end diagnostic methods such as genetic testing. Moreover, increasing investments in research and development of novel drugs and vaccines by private and government bodies are projected to propel the animal genetics market in the near future.

The global Animal Genetics market is segmented into its animal type, testing service, and region. On the basis of the animal type, the global market is categorized into canine, equine, poultry, porcine, bovine, and others. Based on the testing service, the market can be segmented into DNA typing, genetic disease testing, and genetic trait testing.

Regionally, North America is estimated to hold the maximum share of the global animal genetics market during the forecast period, due to presence of a superior animal health care base, increasing trend of pet ownership, strong regional economics, and greater focus on disease prevention and wellness by veterinarians and pet owners.

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The Market is segmented and projected on the basis of major key player’s:

1 Genus PLC

2 Hendrix Genetics

3 EW Group

4 Zoetis

5 CRV Holding

6 Grimaud

7 Topigs Norsvin

8 Alta Genetics

9 Neogen Corporation

10 Envigo

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Key Questions Answered in this Report:

1 How has the Animal Genetics market performed so far and how will it perform in the coming years?

2 What will the market size be in 2022?

3 What are the key factors driving the Animal Genetics Market?

4 What are the challenges to market growth?

5 What is the structure of the Animal Genetics industry and who are the key players?

6 What are the market opportunities and threats faced by the key players?

7 What are the profit margins in the Animal Genetics industry?

TABLE OF CONTENTS

1 Animal Genetics Definition

2 Global Animal Genetics Market Major Player Share and Market Overview

3 Major Player Animal Genetics Business Introduction

4 Global Animal Genetics Market Segmentation (Region Level)

5 Global Animal Genetics Market Segmentation (Type Level)

6 Global Animal Genetics Market Segmentation (Industry Level)

7 Global Animal Genetics Market Segmentation (Channel Level)

8 Animal Genetics Market Forecast 2018-2022

9 Animal Genetics Segmentation Type

10 Animal Genetics Segmentation Industry

11 Animal Genetics Cost Analysis

12 Conclusion

About Us

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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