Animal Genetics Market New Technology, Applications with Development Factors | Opportunity and Forecast 2017-2023
However, stringent regulations regarding animal genetic engineering, high cost of animal testing and dearth of skilled professionals impede the growth of the animal genetics market. Asia-Pacific provides opportunities for the growth of animal genetics market due to the growth in demand for animal derived products, increase in animal population and development of animal welfare acts in this region during the forecast period.
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Key Benefits :
• The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.
• It offers a quantitative analysis from 2017 to 2023, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
• Comprehensive analysis of all geographical regions is provided, which helps determine the prevailing opportunities.
• Key players are profiled and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the global market.
• Extensive analysis by type elucidates the use of animal genetics in DNA testing and genetic disease traiting of domestic and wild animals.
Increased adoption of advanced genetic technologies and rise in implementation of animal welfare acts drive the market. Similarly, growth in awareness about veterinary genetic diseases and increase in population of livestock animals to meet the unmet demands for animal derived proteins further fuel the market.
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The animal genetics market is segmented into type and region. By type, the market is bifurcated into animal genetics products (live animals and genetic materials) and animal testing services (DNA typing, genetic trait tests, genetic disease tests, and others). Based on live animals, the market is further divided into poultry, porcine, bovine, canine, and others (goat, sheep, and horse). The genetic materials are categorized into semen and embryo. The semen is further categorized into bovine, porcine, canine, equine, and others (goat and sheep). By embryo the market is subdivided into bovine, equine, and others (goat, porcine, and sheep). By geography, it is analyzed across North America, Europe, Asia- Pacific, and LAMEA.
Top key players:
• Genus Plc
• Topigs Norsvin
• Envigo Corporation
• CRV Holding B.V
• Hendrix Genetics BV
• Groupe Grimaud La Corbiere SA
• Neogen Corporation
• Alta Genetics Inc.
• Zoetis Inc
• Animal Genetics Inc.
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