Animal Genetics Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

"What market dynamics are playing a key role in accelerating the growth of the animal genetics market?
The escalating need for protein sourced from animals is anticipated to spur the expansion of the animal genetics market in the future. Animal protein refers to that extracted from sources such as meat, poultry, fish, eggs, and dairy products. In developed nations, there is an emerging preference for diets rich in protein, due to factors such as health awareness, fitness trends and cultural preferences. Animal genetics enhances the production of animal protein by facilitating the selection and breeding of animals with superior qualities, including higher muscle mass, disease immunity, and better reproductive capabilities, resulting in more productive and efficient animal farming. For instance, the Food and Agriculture Organization, a specialized agency of the United Nations located in Italy, revealed in revised data published in December 2023 that global meat production rose gradually from 350 million tons in 2021 to 355 million tons in 2022. Consequently, the escalating demand for animal protein is fueling the growth of the animal genetics market.

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How will the growth rate of the animal genetics market shape industry trends by 2034?
There has been a significant expansion in the size of the animal genetics market in the last few years. The market is projected to increase from $6.76 billion in 2024 to $7.29 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.8%. This historical growth phase is linked to factors such as the rising demand for superior quality animal proteins and meat, government-led initiatives and financial support, an increased incidence of genetic diseases, expanding livestock populations, and greater awareness about animal welfare.

Anticipations are high for a significant expansion in the animal genetics market size in the coming years. The market is projected to surge to a worth of $9.79 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.6%. Various factors predicted to fuel the growth during the forecasted years include the wide adoption of advanced genomic technologies, the advancement in affordable and transportable genetic testing solutions. Also, the augmented demand for products derived from animals and an increasing need for improved nutrition and animal-originated dietary supplements. The forecast period is spotted with evolving trends like next-generation sequencing (NGS), CRISPR-Cas9 techniques for precise genetic alterations, advanced identification methods like DNA typing, genetic illness tests, and improvements in reproductive technology.

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What trends are poised to drive the future success of the animal genetics market?
Leading businesses in the animal genetics market are creating groundbreaking platforms by incorporating artificial intelligence (AI) to spot beneficial traits more accurately and efficiently. AI assists in early prediction and detection of genetic anomalies, enabling early intervention and minimizing the occurrence of inheritable diseases in animals. For example, Zoetis, an American animal healthcare firm, in April 2022, unveiled its latest diagnostic strategy by integrating AI blood smear tests into its multi-purpose platform, Vetscan Imagyst. This AI-based technology leverages deep machine learning to offer precise and swift blood smear analysis, complementing complete blood count (CBC) results and aiding vets in making superior treatment decisions for animals with blood-related irregularities. The AI-guided analysis in Vetscan Imagyst can highlight abnormalities, give an estimated platelet count, corroborate white blood cell differentials, and identify and quantify polychromasia, among other specifics, all in a matter of minutes.

Which primary segments of the animal genetics market are driving growth and industry transformations?
The animal genetics market covered in this report is segmented -

1) By Type: Animal Genetics Products, Genetic Materials, Embryo
2) By Service: Genetic Disease Tests, DNA Typing, Genetic Trait Tests, Other Services
3) By Animal Type: Cattle, Pigs, Sheep And Goats, Companion Animals, Other Animals
4) By End User: Veterinary Hospitals And Clinics, Academic And Research Institutes, Animal Breeders, Pet Owners

Subsegments:
1) By Animal Genetics Products: Genetic Testing Kits, Breeding Services, Genomic Selection Tools, DNA Sequencing Services
2) By Genetic Materials: Semen (Artificial Insemination), Ovum (Eggs), Sperm Cells, Genetic Modification Reagents
3) By Embryo: Embryo Transfer Services, Embryo Cryopreservation (Freezing), In Vitro Fertilization (IVF) Embryo Production, Embryo Sexing Services

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Which geographical regions are pioneering growth in the animal genetics market?
North America was the largest region in the animal genetics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal genetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the animal genetics market landscape?
Major companies operating in the animal genetics market are Zoetis Services LLC, CRV, Genus, Neogen Corporation, Groupe Grimaud, URUS Group LP, Cobb-Vantress Inc., Topigs Norsvin, Hendrix Genetics BV, Accelerated Genetics, Cogent Breeding, Alta Genetics Inc., ABS Global, Trans Ova Genetics, Embark Veterinary Inc., Tropical Bovine Genetics, EW Group, Wisdom Panel, VetGen, Animal Genetics Inc., Paw Print Genetics, Orivet, EasyDNA, Sandor Animal Biogenics Pvt. Ltd., SEK Genetics

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What Is Covered In The Animal Genetics Global Market Report?

•Market Size Forecast: Examine the animal genetics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the animal genetics market for a structured understanding.
•Key Players Overview: Analyze major players in the animal genetics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the animal genetics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the animal genetics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the animal genetics market.
•Industry Challenges: Identify potential risks and obstacles affecting the animal genetics market.
•Competitive Landscape: Review strategic developments in the animal genetics market, including expansions, agreements, and new product launches.

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