Press release
Soaring Growth and Emerging Trends in the Animal Biotechnology Market-$32.97 billion Estimated by 2025
Animal Biotechnology Market
What Is The Projected Market Size Of The Global Animal Biotechnology Market And Its Growth Rate?
• The market size of Animal Biotechnology has witnessed strong growth in the recent past. It is expected to go up from $30.33 billion in 2024 to $32.97 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.7%.
• Continued growth in the upcoming years is anticipated, with the market reaching up to $48.68 billion in 2029, at a CAGR of 10.2%.
• The primary growth drivers during the historic period have been genetic improvement, increased agricultural productivity, vaccines and therapeutics, environmental sustainability, feed efficiency, and nutritional enhancement.
• In the forecast period, development of disease-resistant strains, biopharmaceutical production, cell-based meat production, global food security concerns, regulatory support, and public and consumer acceptance are expected to drive the growth.
What Is Driving The Growth In The Animal Biotechnology Market?
The Animal Biotechnology market sees major growth potential due to the rising awareness concerning animal health and welfare. Animal biotechnology plays a significant role in enhancing animal productivity by improving growth, reproductive quality, nutrition, and feed utilization. It also contributes to food safety and efficient use of resources. A recent initiative worth mentioning is the May 2023 campaign of the Humane Society, ""More Than a Pet,"" targeting improved animal welfare in the low-resource areas by promoting equitable access to veterinary care. With such ventures, the market is set for significant future expansion.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=8059&type=smp
Who Are the Key Players Driving Animal Biotechnology Market Growth?
• Zoetis Inc.
• Boehringer Ingelheim International GmbH
• Biogenesis Bago SA
• Merck & Co Inc
• Virbac
• Elanco Animal Health Incorporated
• Randox Laboratories Ltd.
• Santa Cruz Biotechnology Inc.
• IDEXX Laboratories Inc.
• IDVet
• Heska Corporation
• INDICAL BIOSCIENCE GmbH
• BioChek BV
• Ceva Santé Animale
• Dalan Animal Health
• Vetigenics
• Vetoquinol S.A.
• Neogen Corporation
• Abaxis Inc.
• Henry Schein Animal Health
• Patterson Companies Inc.
• Covetrus Inc.
• Phibro Animal Health Corporation
• Novartis Animal Health
• Bayer AG
• Bioniche Life Sciences Inc.
• Bio-Rad Laboratories Inc.
• Biovet JSC
• Bovogen Biologicals Pty Ltd.
What Are The Key Trends In The Animal Biotechnology Market?
Key trends observed in the Animal Biotechnology market include:
• use of genome editing technologies
• animal stem cell technology
• biopharmaceutical production in animals
• biobanking and genetic resource preservation
• emergence of Crispr-based therapies
• biosecurity and disease surveillance
What Are The Segments Of The Global Animal Biotechnology Market?
The Animal Biotechnology market can be segmented by:
• Product Type - Diagnostics Tests, Vaccines, Drugs, Reproductive And Genetic, Feed Additives
• Animal Type - Companion, Livestock
• Application - Diagnosis Of Animal Diseases, Treatment Of Animal Diseases, Preventive Care Of Animals, Drug Development, Other Applications
• End-Use - Laboratories, Point-Of-Care Testing Or In-house Testing, Veterinary Hospitals And Clinics, Other End-Uses
Which Region Leads The Animal Biotechnology Market?
With the largest share in the Animal Biotechnology market in 2024, North America dominates the market. However, the fastest-growing region is expected to be Asia-Pacific during the forecast period. The report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for swift delivery: https://www.thebusinessresearchcompany.com/report/animal-biotechnology-global-market-report
What Is Covered In The Animal Biotechnology Market Global Market Report?
- Market Size Analysis: Analyze the Animal Biotechnology Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Animal Biotechnology Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Animal Biotechnology Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Animal Biotechnology Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=8059&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
About The Business Research Company
Learn More About The Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Soaring Growth and Emerging Trends in the Animal Biotechnology Market-$32.97 billion Estimated by 2025 here
News-ID: 3820138 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
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…
