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Global Animal Genetics Market Research Report begins with definition, application, Market analysis, Regional Outlook, Revenue analysis, demand, growth, trends and policy analysis of the market and Forecasts, 2017 To 2024, Focusing On Top Key Vendors Like:
Global Animal Genetics Market
The Global Animal Genetics Market accounted to USD 3.7 billion in 2016 growing at a CAGR of 8.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Defination
Animal genetics is the branch of science which deals with the study of inheritance and gene variation in domestic and wild animals. Animal genetics are mostly used for genetic trait testing, DNA testing, and genetic disease traiting. The animal genetics market is expected to increase due to the fast demand, ingesting of animal proteins, and surge in urban population, which shows demand for meat products across the globe during the forecast period.
Global Animal Genetics Market Product (Live Animals, Genetic Material) Genetic Testing Services (Pharmaceutical and Biotechnology Companies, Contract Research Organizations, Academic Research Institutes), Geography – Industry Trends and Forecast to 2024
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Major Market Drivers and Restraints
Growing Consumer Demand for Animal-Derived Protein
Rising Focus on Classifying Superior Breeds
Rising Global Population and Rapid Urbanization
Dearth of Skilled Professionals in Veterinary Research
Asia Offers High-Growth Opportunities
Inventions in Phenotyping Services
Growing Pharmaceutical Outsourcing
Economic Sustainability in Local Breeds
Market Segmentation
By product the global animal genetics market is segmented into live animals, genetic material, and genetic testing services.
Live animals segment is further sub-segmented into poultry, porcine, bovines, canine, and other animals.
Genetic material is further sub-segmented into semen, and embryos.
On the basis of animal genetic testing services the animal genetics market is segmented into DNA typing, genetic trait tests, genetic disease tests, and others.
On the basis of geography, global animal genetics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Major Market Competitors
NEOGEN CORPORATION
Zoetis,
Envigo,
Animal Genetics Inc.,
VetGen,
CRV Holding,
Groupe Grimaud,
Hendrix Genetics BV,
EW Group GmbH,
Alta Genetics,
Genus,
Topigs Norsvin
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