Press release
Animal Genetics Market Poised to Reach USD 11.88 billion by 2034, Growing at an 6.3% CAGR
Animal Genetics Market
The global animal genetics market was valued at USD 6.43 billion in 2024. It is expected to reach USD 11.88 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 6.3% from 2025 to 2034.
Market Overview
The livestock population offers people an assortment of commodities and services involving meat, milk, eggs, fiber, and draught power in a broad gamut of ambiance. This diversity of functions is made possible by the genetic variability within these populations. The genetic diversity in livestock also serves as the foundation for both natural evolutionary development in response to changing conditions and human-driven genetic improvement programs.
Characterization involves assessing livestock breeding and their production environment to set up their present position and recognize firmness that can be improved and fragilities that require to be conquered, for instance, through a genetic improvement program. It can also assist in informing preservation procedures. Conservation indicates steps taken to prohibit the loss of genetic heterogeneity in livestock populations involving safeguarding breeds from extinction.
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Market Dynamics
Growing Global Population: The growing worldwide population and surging urbanization have caused an elevated demand for animal-derived food commodities such as milk, meat, and eggs. This rise requires progressions in animal genetics to improve livestock fertility and encounter consumer requirements. For instance, the Food and Agriculture Organization (FAO) registered that previous 30 years, worldwide milk generation has encountered a notable boost, surging by over 77%, having a favorable impact on animal genetics market sales.
Technological Progressions: Inventions in genetic testing and genome editing technologies, such as CRISPR-Cas9, have transformed the market. These instruments enable accurate tempering to improve beneficial traits such as illness aversion and productivity in livestock.
Prominent Market Companies
The market has the presence of both established players and new entrants. Major companies are noted below:
• Alta Genetics Inc.
• Animal Genetics, Inc.
• CRV Holding B.V.
• Envigo
• EW Group
• Genus plc
• Groupe Grimaud
• Hendrix Genetics B.V.
• Neogen Corporation
• Sandor Animal Biogenics Pvt. Ltd.
• Topigs Norsvin
• Tropical Bovine Genetics
• URUS
• VetGen
• Zoetis Inc.
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Animal Genetics Market Report Highlights
✅ The bovine segment holds the largest animal genetics market share due to its extensive use in dairy and meat production, supported by genetic advancements for higher productivity.
✅ The semen segment dominates the market as artificial insemination is widely used in livestock breeding for genetic improvement and disease control.
✅ By region, North America holds the largest market share. This dominance is attributed to advanced agricultural practices, substantial investments in research and development, and a strong focus on enhancing livestock productivity and quality.
✅ The animal genetics market in Asia Pacific is experiencing significant growth, driven by the rising demand for high-quality animal products and the need to improve livestock productivity.
Market Segmentation
The animal genetics market segmentation is based on animal, genetic material, genetic testing services, and region.
Based on animal, the bovine segment holds the largest market share due to the growing global demand for milk and meat commodities.
Based on genetic material, the semen segment represents a larger market share due to the growing usage of artificial insemination in livestock and semen sexing technologies in the procreation of sheep, cattle, pigs, and goats.
Animal Genetics Market, Animal Outlook (Revenue - USD Billion, 2020-2034)
• Poultry
• Porcine
• Bovine
• Canine
• Other Animals
Animal Genetics Market, Genetic Material Outlook (Revenue - USD Billion, 2020-2034)
• Semen
• Embryo
Animal Genetics Market, Genetic Testing Services Outlook (Revenue - USD Billion, 2020-2034)
• Genetic Disease Test
• Genetic Trait
• Test DNA Typing
• Other Services
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Geographical Landscape
Animal Genetics Market, Regional Outlook (Revenue - USD Billion, 2020-2034)
🔹 North America
» Animal Outlook
» Poultry
» Porcine
» Bovine
» Canine
» Other Animals
» Genetic Material Outlook
» Semen
» Embryo
» Genetic Testing Services Outlook
» Genetic Disease Test
» Genetic Trait
» Test DNA Typing
» Other Services
🔹 Europe
» Animal Outlook
» Poultry
» Porcine
» Bovine
» Canine
» Other Animals
» Genetic Material Outlook
» Semen
» Embryo
» Genetic Testing Services Outlook
» Genetic Disease Test
» Genetic Trait
» Test DNA Typing
» Other Services
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