Press release
Animal Genetics Market to Witness Huge Growth by 2031 - Neogen, CRV, Geno, VION
Animal Genetics Market
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MARKET SEGMENTS
By Animals
Canine
Poultry
Porcine
Bovine
Others
By Service Type
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DNA Typing
Genetic Trait Testing
Genetic Disease Tests
KEY PLAYERS
Cogent Breeding
Genus
Hendrix Genetics
Neogen
CRV
Geno
VION
Newsham Choice Genetics
H&N International
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KEY DRIVERS
There are a number of key drivers that are fueling the growth of the animal genetics market. One of the key drivers is the increasing demand for animal-based products, such as meat, milk, and eggs. This is due to the growing population and the changing dietary habits of people across the globe. The second key driver is the increasing demand for animal-based products for therapeutic purposes. This is due to the growing awareness about the therapeutic benefits of animal-based products and the increasing number of people suffering from chronic diseases. The third key driver is the increasing investment in research and development activities by major companies operating in the animal genetics market. This is due to the growing competition in the market and the need to develop new and improved products.
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