Animal Genetics Market Size, Industry Analysis Report By Product Type & Region - Forecast 2022-2030

The Animal Genetics Market is valued at around USD 4.9 billion in 2022 and is expected to reach USD 9.1 billion by 2030, registering a CAGR of 6.7% over the forecast period. One of the cornerstones of livestock production is animal genetics. It covers a wide range of topics, including local, national, regional, and global behaviour, from characterisation and conservation to genetic improvement. In the fight against animal sickness and suffering, the animal genetics sector is looking for alternate answers. These include the use of reproductive indicators based on data and health, as well as research on ground-breaking technologies like gene editing and immunogenetics. Agriculture and animal welfare are anticipated to be dramatically impacted by gene editing.

Growth Factor:

This market's expansion is primarily attributable to rising demand for animal-derived protein, a growing global population and rapid urbanisation, a growing emphasis on superior breed identification, rising use of genetic services to prevent genetic diseases and economic loss, and rising use of cutting-edge genetic technologies. On the other side, one of the major factors limiting market growth is the lack of qualified specialists in veterinary research. because of escalating government activities, expanding use of cutting-edge genetic technology, and widespread use of animal-derived proteins.

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Primary and secondary research is conducted to gain access to current government rules, market information, and industry statistics. The Animal Genetics Market producers, distributors, end users, industry groups, governments' industry bureaus, industry magazines, industry experts, third-party databases, and our in-house databases were used to collect data. The report combines extensive quantitative analysis and exhaustive qualitative analysis, and ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application, and region, providing a holistic view of as well as a deep insight into the market covering all of its essential aspects

On the basis of product type, the Animal Genetics Market is bifurcated into:

• Live Animals- Bovine, Porcine, Poultry, Canine,
Piscine, Other.

• Genetic Material- Semen, Embryo, Other

• Genetic Testing

Market Trends:

• As a result, cheap production of high-quality, safe animal protein is required.

• Global demand for high-quality proteins is anticipated to increase as a result.

• In 2021, the segment of live animals accounted for a sizable portion of the global market.

Regional Analysis:

North America dominated the global Animal Genetics Market, the region's significant market share was also influenced by the high penetration of animal genetic businesses using cutting-edge technologies. Animal breeding companies, including start-ups, are concentrated in the United States. Additionally, the market's major participants have their corporate headquarters here. As a result, in North America, the U.S. is a significant market for animal genetics.

North America

Europe

Asia-Pacific

South America

MEA

Market Major Players:

Animal Genetics Inc.,
CRV Holding,
Genus PLC,
Hendrix Genetics BV,
Neogen Corporation,
Topigs Norsvin Holding BV,
URUS,
Vetgen,
Zoetis Services LLC,

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Key Points:

Define, describe and forecast Potentiometers product market by type, application, end user and region.

Provide enterprise external environment analysis and PEST analysis.

Provide strategies for company to deal with the impact of COVID-19.

Provide market dynamic analysis, including market driving factors, market development constraints.

Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.

Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.

Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Reasons to Purchase this Report:

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

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