Press release
Animal Genetics Market Projection, Scope Analysis and Competition Background through 2020 to 2026 | Key Players are Hendrix Genetics BV, Animal Genetics Inc., VetGen, etc.
Government encourages development of animal therapeutics
Government authorities in animal health industry have become active to work upon the high rates of transmission of animal-borne disease to humans. They are focused to develop effective animal therapeutics. Animal testing is also widely practiced due to the high prevalence of animal genetics applications. Factors like costly animal testing and lack of knowledgeable professionals is expected to inhibit the growth rate of animal genetics market. Fact.MR report projects global animal genetics market to amount around US$8Bn by the end of year 2026.
Get Customize Sample Copy of Report from Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=4323
Genetic enhancements in bovine animals in very popular and is expected to stay popular during the forecast period owing to the enhanced sales of dairy products. Livestock farmers are projected to increase the adoption of animal genetics to deal with animal’s high susceptibility to respiratory diseases. Financial aids provided by government also acts as encouragement. Demand for poultry products has surged in recent times due to factors like growth in population and urbanization. Different poultry products like meat and eggs are demanded for their nutritional content and this encourages the farmers to increase their production capacity. Various poultry by-products such as eggshells and manures are used to feed poultry farm animals like pigs. All these aspects of poultry animals have amped up livestock farmer’s economic value.
Ask Industry Professional about Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=4323
Cheap embryo import benefits farmers
Genetic modifications of living animals is based on embryo. These embryos have increased the profitability of livestock farmers. Moreover, embryo’s cheap import is also largely responsible for its popularity. Embryos lead as genetic materials and its growth rate is expected to be ̴6% CAGR for the forecast period.
Asia Pacific has emerged as a prominent region in global animal genetics market. Various macroeconomic factors like growth in urban life along with increasing population drive the food producers to increase rate of production for livestock animals in order to meet growing nutritional demand. Players in the animal genetic market are developing effective testing procedures to grab maximum opportunities of animal genetics’ application. Food industry holds a prominent position in Asia Pacific and is led by innovations. Major stake holders are strategizing to innovate in order to gain competitive edge. All these factors make Asia Pacific, a land of opportunities for the players who eye to expand their geographical presence.
Browse Complete Report - https://www.factmr.com/report/4323/animal-genetics-market
FactMR report predicts North America to dominate the global market in forecast period owing to accelerated demand for poultry and beef products. Players in this region are competing in terms of technological advancements and licensing agreements.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Animal Genetics Market Projection, Scope Analysis and Competition Background through 2020 to 2026 | Key Players are Hendrix Genetics BV, Animal Genetics Inc., VetGen, etc. here
News-ID: 1886607 • Views: …
More Releases from Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
