Animal Genetics Market is expected to reach US$ 9.44 billion by 2031 By CAGR of 6.4% | Hendrix Genetics BV, Zoetis Services LLC, Genus.

Overview of the Market

The global animal genetics market is evolving as a cornerstone of modern agriculture and veterinary sciences. By leveraging genetic technologies such as artificial insemination, embryo transfer, and genomic selection, the industry is enabling improved livestock productivity, disease resistance, and superior breeding outcomes. As food demand rises globally, driven by population growth and the need for sustainable animal protein sources, the adoption of advanced genetic practices is becoming essential.

According to DataM Intelligence, the global animal genetics market reached US$ 5.75 billion in 2023 and is expected to reach US$ 9.44 billion by 2031, growing with a CAGR of 6.4% during the forecast period 2024-2031. The expansion is fueled by advancements in biotechnology, growing demand for high-quality animal protein, and strategic investments by key players in genetic research.

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Cattle genetics remain the leading segment due to the high demand for milk, beef, and dairy products worldwide. Genomic testing and artificial insemination technologies in cattle are widely adopted by commercial breeders, ensuring better productivity and disease resistance. Geographically, North America dominates the market, attributed to its well-established infrastructure in animal breeding, heavy investments in R&D, and robust demand for genetically improved livestock. Europe follows closely due to strict regulations on animal welfare and quality standards that encourage genetic advancements.

Key Highlights from the Report

➤ The global animal genetics market is projected to expand at a CAGR of 6.4% during 2024-2031.
➤ Cattle genetics lead the product segment, supported by high dairy and beef demand.
➤ Artificial insemination is the most widely adopted technology across the livestock industry.
➤ North America remains the dominant region, with strong R&D investments and biotech adoption.
➤ Asia-Pacific is emerging as a high-growth region due to rising food demand and expanding livestock industries.
➤ Key players are focusing on strategic collaborations and acquisitions to strengthen genetic portfolios.

Market Segmentation

The animal genetics market is segmented by product type, services, and end-users. By product type, live animals, genetic materials (semen, embryos), and genetic testing services form the core categories. Among these, genetic material dominates, particularly bovine semen, due to its extensive use in artificial insemination programs worldwide.

By services, the market includes DNA typing, genetic disease testing, and parentage verification, all of which are increasingly adopted by breeders to ensure superior offspring quality.

By end-users, breeding companies, veterinary hospitals, and research centers are the largest consumers of genetic technologies. Breeding companies hold a substantial share as they rely heavily on advanced genetics for commercial-scale livestock production.

Regional Insights

North America leads the global animal genetics market, supported by advanced infrastructure, strong biotechnology adoption, and government-funded research programs. The United States is particularly dominant, with large-scale breeding companies and genetic research institutions driving innovation.

Europe holds a significant share, with countries like Germany, France, and the UK focusing on sustainable livestock production and adherence to strict animal welfare regulations. Asia-Pacific is anticipated to witness the fastest growth, particularly in China and India, where rising disposable incomes and demand for protein-rich diets are boosting livestock production.

Meanwhile, Latin America, led by Brazil and Argentina, shows promising potential due to its expanding beef and dairy industries, while the Middle East & Africa are gradually embracing animal genetics to enhance food security and livestock productivity.

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Market Dynamics

Market Drivers
The animal genetics market is driven by the rising global demand for animal protein, dairy, and meat products. Technological advancements in genomic selection, DNA testing, and artificial insemination are enhancing productivity and disease resistance in livestock. Additionally, increasing investments in R&D and government support for sustainable agricultural practices are fueling market growth.

Market Restraints
Despite its growth, the market faces challenges such as high costs associated with advanced genetic technologies, ethical concerns over animal breeding practices, and stringent regulatory frameworks in regions like Europe. Limited access to advanced technologies in developing economies also hinders widespread adoption.

Market Opportunities
Emerging markets present significant opportunities as demand for animal protein rises in Asia-Pacific, Latin America, and Africa. Advancements in gene-editing tools like CRISPR and growing emphasis on sustainable livestock production are expected to create new growth avenues. Furthermore, partnerships between biotech firms and livestock producers are opening opportunities for tailored genetic solutions.

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Frequently Asked Questions (FAQs)

◆ How Big is the Animal Genetics Market?
◆ Who are the Key Players in the Global Animal Genetics Market?
◆ What is the Projected Growth Rate of the Market through 2031?
◆ What is the Market Forecast for Animal Genetics by 2031?
◆ Which Region is Estimated to Dominate the Animal Genetics Industry?

Company Insights

Key players operating in the animal genetics market include:
• Genus plc
• Zoetis Inc.
• Hendrix Genetics BV
• Neogen Corporation
• CRV Holding BV
• Topigs Norsvin
• Animal Genetics Inc.
• URUS Group LP

Recent Developments:

In 2023, Zoetis expanded its animal genetics portfolio by launching advanced genomic testing solutions for cattle and swine.

Genus plc announced a strategic partnership with a biotech firm to enhance its capabilities in gene-editing technologies for livestock.

Conclusion

The global animal genetics market is at the forefront of transforming livestock production and food security worldwide. With increasing demand for animal protein and advancements in biotechnology, genetic solutions are becoming integral to sustainable farming. While challenges such as regulatory hurdles and cost limitations persist, opportunities in emerging economies and breakthroughs in gene-editing technologies promise a robust future for the industry. Companies that invest in innovation, partnerships, and sustainable practices are expected to lead this market into its next growth phase.

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