Press release
Animal Genetics Market - Know the Revenue and Profit-Sources of the Industry
Animal Genetics Market Outlook 2031The global animal genetics market was valued at US$ 4.9 Bn in 2021
The global market is projected to grow at a CAGR of 6.7% from 2022 to 2031
The global animal genetics market is anticipated to reach more than US$ 9.1 Bn by the end of 2031
Animal Genetics Market Introduction
Animal genetics is one of the pillars of livestock development. It covers wide areas, from characterization and conservation to genetic improvement, including local, national, regional, and global behavior. The animal genetics industry is seeking alternative solutions in the fight against animal disease and suffering. These include the usage of data and health-driven reproductive indicators and research in breakthrough techniques, including gene editing and immunogenetics.
Get Sample of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18995
Gene editing is likely to significantly affect agriculture and animal welfare. Adoption of semen sexing technology and IVF (in vitro fertilization) is rapidly increasing in dairy cows and herds to allow for a more targeted selection of breeding stock to breed the stronger next generation. Possession or availability of such techniques plays an important role in helping farmers accelerate the genetic progress of their herds.
Molecular genetics includes various techniques to generate tailor-made bacterial cultures. One of the techniques is the manipulation of an organism's genome. MG techniques are primarily used in dairy animals in order to achieve new traits through standard breeding strategies.
Read Report Overview @ https://www.transparencymarketresearch.com/animal-genetics-market.html
Increase in Meat Consumption and Rise in Demand for High-quality Proteins to Drive Global Animal Genetics Market
The global population is anticipated to reach 9.1 billion by 2050. According to the FAO of the United Nations, the food output needs to be doubled to feed this population. Therefore, safe, high-quality animal protein must be produced at a low cost. Natural resource depletion, increase in emphasis on food safety, and rise in demand for better nutrition (especially animal protein) are influencing the relevance of livestock treatments and diagnostics. This is expected to drive the demand for high-quality proteins across the globe.
Rise in Pet Ownership and Spending on Companion Animals to Propel Market
The animal healthcare market is witnessing a rise in the ownership of companion animals. The ability to spend money on pets is also rising. According to the American Pet Products Association's 2011-2012 National Pet Owners Survey, 72.9 million households (or 62% of all households) in the U.S. (excluding those with horses) had a companion animal. In terms of spending on companion animals, Asia Pacific and Latin America are the major regions, with a strong growth rate.
Get Customization Research on this Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=18995
Growth in Demand for Animal Proteins to Augment Live Animals Segment
In terms of product type, the global animal genetics market has been classified into live animals (bovine, porcine, poultry, canine, piscine, and others), genetic material (semen, embryo, and others), and genetic testing. The live animals segment accounted for major share of the global market in 2021. The segment is expected to grow at a rapid pace from 2022 to 2031. Steep rise in demand & consumption of animal proteins and rapid growth in urban population across the world are likely to drive the segment in the near future.
Regional Outlook of Global Animal Genetics Market
North America dominated the global animal genetics market in 2021. The market in the region is projected to grow at a faster CAGR from 2022 to 2031. High penetration of animal genetic companies with advanced technologies also contributed to the region's large market share. The U.S. is a hub for animal breeding organizations, which include startups. Furthermore, key players in the market have headquarters in the U.S. Thus, the U.S. is a prominent market for animal genetics in North America.
Make an Enquiry Before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=18995
Asia Pacific held the second largest share of the global market in 2021. In terms of revenue, the market in the region is likely to grow at a high CAGR from 2022 to 2031. Increase in disposable income and rise in consumption of animal products are driving the market in the region. The region includes well-developed markets such as Japan; high economic growth markets such as China and India; other key countries such as Singapore, Malaysia, Indonesia, South Korea, Thailand, and Taiwan; and key Pacific countries such as Australia and New Zealand.
Analysis of Key Players in Global Animal Genetics Market
The global animal genetics market is fragmented, with the presence of large number of manufacturers that control majority of the share. Mergers and acquisitions and development in product portfolios are key strategies adopted by key players. Leading players operating in the market are Genus plc, CRV Holding B.V., Neogen Corporation, Zoetis, Inc., Groupe Grimaud, Topigs Norsvin, VetGen, Animal Genetics, Inc., and Hendrix Genetics BV.
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
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 - Know the Revenue and Profit-Sources of the Industry here
News-ID: 2762220 • Views: …
More Releases from Transparency Market Research
Textile Chemicals Market to Reach USD 46.1 Billion by 2036, Growing at 3.7% CAGR …
The global textile chemicals market was valued at US$ 30.8 billion in 2025 and is projected to reach US$ 46.1 billion by 2036, expanding at a compound annual growth rate (CAGR) of 3.7% from 2026 to 2036. Market expansion is supported by the growing consumption of apparel, increasing demand for functional textiles, and the adoption of environmentally responsible textile manufacturing practices.
Textile chemicals play an essential role throughout textile production, including…
Dimethyl Sulfoxide Market to Reach USD 336.9 Million by 2036, Driven by Pharmace …
The global dimethyl sulfoxide (DMSO) market is projected to grow from USD 186.9 million in 2025 to USD 336.9 million by 2036, registering a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2026 to 2036. This growth is expected to be supported by rising demand from pharmaceutical and biopharmaceutical manufacturers, increasing applications in cell preservation, and expanding use in electronics and semiconductor production. The growing need…
Ion Exchange Membrane Market to Reach USD 2.39 Billion by 2036, Driven by Green …
The global Ion Exchange Membrane Market was valued at US$ 1.20 billion in 2025 and is projected to reach US$ 2.39 billion by 2036, expanding at a compound annual growth rate (CAGR) of 6.4% from 2026 to 2036. Market growth is driven by rising demand for proton exchange membrane (PEM) electrolyzers, increasing investments in green hydrogen production, expansion of chlor-alkali manufacturing capacity, and growing requirements for advanced water treatment and…
Kidney Dialysis Equipment Market to Reach USD 34.5 Billion by 2036, Driven by Ri …
Kidney Dialysis Equipment Market Outlook 2036
The global kidney dialysis equipment market was valued at USD 18.8 Billion in 2025 and is projected to reach USD 34.5 Billion by the end of 2036, expanding at a CAGR of 6.3% from 2026 to 2036. Market growth is driven by the rising prevalence of chronic kidney disease, increasing cases of kidney failure, and growing demand for center-based and home-based dialysis. Technological advancements in…
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…
