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Global Animal Genetics Market was 3760 million US$ in 2018 and will reach 6730 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 7.6% Between 2019-2025 By Valuates Reports

05-28-2019 07:14 AM CET | Science & Education

Press release from: Valuates Reports

Global Animal Genetics Market was 3760 million US$ in 2018

In 2018, the global Animal Genetics market size was 3760 million US$ and it is expected to reach 6730 million US$ by the end of 2025, with a CAGR of 7.6% during 2019-2025.

Animal Genetics is a branch of genetics that studies heredity and variation chiefly in farm animals but also in domestic and wild animals. It is based on general genetic principles and concepts, and it mainly uses the hybrid, cytological, population, ontogenetic, mathematical-statistical, and twin methods of general genetics.

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Key Trends :

The classification of Animal Genetics includes Animal Genetics Products and Animal Genetics Testing Services, and the proportion of Animal Genetics Products in 2015 is about 72%. The Animal Genetics Products segment accounted for the largest share of the animal genetics market in 2015. Animal Genetics is widely used in Poultry, Porcine, Bovine and other field.

The most proportion of Animal Genetics is Porcine, and the revenue in 2015 is about 395 M USD. Followed Porcine, Bovine is in the second place, and the proportion of Bovine revenue is nearly 23%.

North America region is the largest market of Animal Genetics, with market share nearly 38% in 2015. Europe is the second largest supplier of Animal Genetics, enjoying revenue market share nearly 30% in 2015.

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The study objectives of this report are:

To analyze global Animal Genetics status, future forecast, growth opportunity, key market and key players.
To present the Animal Genetics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

Market analysis by product type

Animal Genetics Products
Animal Genetics Testing Services

Market analysis by market

Poultry
Porcine
Bovine
Others

The key players covered in this study

Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo

Market analysis by Region

United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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