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Global Animal Genetics Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

Healthcare | Upcoming Report | Oct 2024 | Global | 350 Pages | No of Tables: 60 | No of Figures: 220

Report Description

Global Animal Genetics Market Segmentation, By Product and Service (Animal Genetic Products and Animal Genetic Testing Services), Material (Semen, and Embryos), End-User (Veterinary Hospitals, Clinics, Research Centers, Institutes, and Others)  – Industry Trends and Forecast to 2031


Animal Genetics Market Analysis

The animal genetics market focuses on improving livestock quality and production through genetic testing and breeding technologies. Driven by increasing demand for animal protein, advancements in genetic research, and the rise of artificial insemination and embryo transfer, the market offers services like DNA typing, genetic disease tests, and trait selection. Key players include Zoetis, Neogen, and Genus, which are investing in genomic tools and CRISPR gene-editing to enhance breeding efficiency. Recent developments involve precision genetic modifications and greater use of genomic selection. The market is growing rapidly, especially in North America and Europe, due to technological innovations, rising awareness of animal welfare, and sustainable agriculture practices. As demand for high-quality livestock products increases, the animal genetics sector is poised for expansion, with continued focus on research and development to boost productivity and ensure healthier, disease-resistant animal breeds.

Animal Genetics Market Size

The global animal genetics market size was valued at USD 6.49 billion in 2023 and is projected to reach USD 13.62 billion by 2031, with a CAGR of 9.70% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Animal Genetics Market Trends

Innovations in Genetic Testing”

The animal genetics market is evolving rapidly, driven by the need to enhance livestock quality and productivity. Innovations in genetic testing, such as CRISPR gene-editing and genomic selection tools, are revolutionizing the industry by enabling precise breeding for disease resistance and improved traits. A key trend is the growing use of artificial insemination and embryo transfer technologies to accelerate genetic progress. This shift is fueled by increasing global demand for high-quality animal products, sustainable farming practices, and animal welfare concerns. Major companies like Zoetis and Neogen are leading advancements in genomic research, further propelling market growth. As a result, the animal genetics sector is set to expand significantly, especially in developed regions like North America and Europe.

Report Scope and Animal Genetics Market Segmentation     

Attributes

Animal Genetics  Key Market Insights

Segments Covered

  • By Product and Service: Animal Genetic Products and Animal Genetic Testing Services
  • By Material: Semen, and Embryos
  • By End-Users: Veterinary Hospitals, Clinics, Research Centers, Institutes, and Others

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Key Market Players

Neogen Corporation (U.S.), URUS Group LP (U.S.), EW Group (Germany), KWALT (France), TOPIGS NORSVIN (Netherlands), Zoetis Services LLC (U.S.), Envigo Marketing Pvt Ltd (U.S.), Hendrix Genetics BV (Netherlands), GenEra, SIA (U.S.), Tropical Animal Genetics (India), Trans Ova Genetics (U.S.), SEMEX (Canada), Cobb-Vantress, Inc. (U.S.), Milk Source (U.S.), Eurogene Ai Services (Ireland) Ltd. (Ireland), EW Nutrition (Germany), GENEX Cooperative (U.S.), ANICAM ENTERPRISES INC. (U.S.)

Market Opportunities

  • Integration of Technology
  • Rising Awareness in Genetic Health

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Animal Genetics Market Definition

Animal genetics is the branch of genetics that studies heredity and variation in animals, focusing on the transmission of traits from one generation to the next. It involves the analysis of DNA, genes, and chromosomes to understand and manipulate genetic information, aiming to improve animal breeding, productivity, and disease resistance. Animal genetics is crucial for enhancing livestock quality, enabling selective breeding for desirable traits such as better growth rates, higher fertility, and resistance to illnesses. This field encompasses genetic testing, DNA typing, and the use of technologies like artificial insemination and embryo transfer. It plays a key role in agriculture, veterinary science, and research, contributing to the production of high-quality animal products and the sustainability of livestock farming.

Animal Genetics Market Dynamics

Drivers

  • Rising Demand for Animal Protein

The global increase in consumption of meat, dairy, and other animal-based products significantly fuels the need for high-quality livestock, thereby driving demand for advanced genetic solutions. As populations grow and incomes rise, particularly in developing countries, there is a marked shift towards higher protein diets that include more meat and dairy products. This surge in demand places pressure on producers to enhance livestock quality and productivity to meet consumer expectations while ensuring food security. Advanced genetic technologies, such as genomic selection and precision breeding, enable farmers to produce healthier, more resilient animals that yield higher quantities of meat and milk. By improving traits such as growth rates, feed efficiency, and disease resistance, these genetic innovations play a crucial role in addressing the challenges of increased food production sustainably, ultimately driving growth in the animal genetics market.

  •  Focus on Disease Resistance

The increasing focus on developing disease-resistant animal breeds is a significant driver for investment in the animal genetics market. As outbreaks of diseases, such as avian influenza and foot-and-mouth disease, pose substantial risks to livestock health and production, there is a pressing need for breeds that can withstand such threats. By utilizing advanced genetic techniques, breeders can identify and select animals with traits that confer resistance to specific diseases. This proactive approach helps in reducing mortality rates and enhancing productivity and  lowers the economic impact associated with disease outbreaks. Consequently, the push for disease-resistant breeds fosters innovation and attracts funding, driving the growth of the animal genetics market as stakeholders seek sustainable solutions to ensure food security and animal welfare.

Opportunities

  • Integration of Technology

The incorporation of artificial intelligence (AI) and big data analytics into breeding programs represents a significant market opportunity within the animal genetics sector. By analyzing vast amounts of genetic and phenotypic data, AI algorithms can identify patterns and predict genetic traits with remarkable accuracy. This capability enables breeders to implement targeted breeding strategies that focus on enhancing desirable characteristics, such as growth rates, fertility, and disease resistance. Furthermore, the use of big data facilitates real-time monitoring of breeding stock, allowing for more informed decision-making. As producers strive to optimize livestock quality and productivity, the integration of AI and data analytics improves overall efficiency in breeding programs and contributes to sustainable agricultural practices, making it a key opportunity for growth in the animal genetics market.

  •  Rising Awareness in Genetic Health

The rising awareness of genetic health in livestock is transforming the agricultural sector, creating substantial market opportunities for companies offering comprehensive genetic testing services. As livestock producers increasingly recognize the importance of genetic factors in animal health and productivity, they seek advanced solutions to enhance herd management and optimize breeding decisions. Genetic testing provides critical insights into the genetic makeup of animals, enabling farmers to identify desirable traits, assess disease resistance, and make informed breeding choices. This improves overall herd quality and productivity and supports sustainable farming practices by reducing the reliance on antibiotics and enhancing animal welfare. With the growing demand for healthier, more productive livestock, companies that provide genetic testing services are well-positioned to capitalize on this market opportunity and drive innovation in the industry.

Restraints/Challenges

  • Regulatory Hurdles

Navigating the intricate regulatory landscape surrounding genetic modifications and breeding practices poses a significant challenge for the animal genetics market. Each region has its own set of regulations governing the approval and use of genetically modified organisms (GMOs), which can vary widely. This inconsistency complicates compliance and results in a time-consuming and costly process for companies aiming to bring innovative genetic solutions to market. Organizations must invest substantial resources in understanding and adhering to these regulations, which can delay product launches and increase operational costs. Moreover, the potential for regulatory changes adds an element of uncertainty, making it challenging for companies to plan long-term investments in genetic technologies. This regulatory complexity ultimately hampers the growth and advancement of the animal genetics market.

  • Limited Infrastructure and Resources

In many regions, particularly developing countries, the lack of adequate infrastructure and resources for genetic testing significantly restrains the animal genetics market. Essential facilities, such as laboratories equipped for advanced genetic analysis, are often scarce, making it challenging to implement comprehensive testing services. In addition, limited access to training and education regarding genetic technologies hampers the ability of local farmers to understand and utilize these tools effectively. Without proper infrastructure, the collection, storage, and analysis of genetic data become inefficient, leading to unreliable results and poor decision-making. This situation creates a significant gap between regions with advanced genetic capabilities and those struggling to adopt such technologies, ultimately limiting market growth and the potential benefits of genetic testing in livestock management.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Animal Genetics Market Scope

The market is segmented on the basis of product and service, material, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product and Service

  • Animal Genetic Products

    • Live Animals

      • Poultry
      • Porcine
      • Bovine
      • Canine
      • Other Live Animals

    • Genetic Materials

      • Semen

        • Bovine
        • Porcine
        • Equine
        • Canine
        • Other Animal Semen

      • Embryos

        • Bovine
        • Equine
        • Other Animal Embryos

  • Animal Genetic Testing Services

    • Genetic Disease Tests
    • Genetic Trait Tests

      • Bovine
      • Other Animal Genetic Trait Tests

    • DNA Typing
    • Other Services

 Material

  • Semen
  • Embryos

End-User

  • Veterinary Hospitals
  • Clinics
  • Research Centers
  • Institutes
  • Others

 Animal Genetics Market Regional Analysis

The market is analysed and market size insights and trends are provided by country, product and service, material, and end-user as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is poised to maintain its leading position in the animal genetics market throughout the forecast period. This dominance is driven by the presence of key industry players and a growing demand for animal protein. Furthermore, the region's increasing acceptance of advanced technologies in animal genetics, coupled with a robust livestock sector, is expected to significantly boost market growth.

Asia-Pacific region is projected to experience the highest growth rate in the animal genetics market throughout the forecast period. This surge can be attributed to the expansion of animal care facilities, including both veterinary hospitals and community centers, which are enhancing access to genetic testing services. In addition, the growing demand for reliable tests and resources to identify hereditary diseases in animals will further accelerate market growth in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Animal Genetics Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Animal Genetics Market Leaders Operating in the Market Are:

  • Neogen Corporation (U.S.)
  • URUS Group LP (U.S.)
  • EW Group (Germany)
  • KWALT (France)
  • TOPIGS NORSVIN (Netherlands)
  • Zoetis Services LLC (U.S.)
  • Envigo Marketing Pvt Ltd (U.S.)
  • Hendrix Genetics BV (Netherlands)
  • GenEra, SIA (U.S.)
  • Tropical Animal Genetics (India)
  • Trans Ova Genetics (U.S.)
  • SEMEX (Canada)
  • Cobb-Vantress, Inc. (U.S.)
  • Milk Source (U.S.)
  • Eurogene Ai Services (Ireland) Ltd. (Ireland)
  • EW Nutrition (Germany)
  • GENEX Cooperative (U.S.)
  • ANICAM ENTERPRISES INC. (U.S.)

Latest Developments in Animal Genetics Market

  • In May 2022, Neogen Corporation and Gencove introduced InfiniSEEK, an affordable solution designed for genome sequencing and targeted Single Nucleotide Polymorphism (SNP) analysis. This innovative tool is capable of assessing over 400 genetic traits and conditions in bovines. By providing a comprehensive and cost-effective genetic testing option, InfiniSEEK aims to enhance the management of livestock genetics
  • In June 2022, Zoetis expanded its portfolio by acquiring Basepaws, a company specializing in pet care genetics. This acquisition strengthens Zoetis's capabilities in genetic testing and data analytics, enabling more advanced approaches to animal care. By integrating Basepaws' expertise, Zoetis aims to enhance its offerings in the rapidly evolving field of pet genetics
  • In June 2021, Tropic Biosciences and Genus PLC entered into a strategic partnership to collaborate on Tropic Biosciences' Gene Editing Induced Gene Silencing (GEiGS) technology. This collaboration aims to develop innovative genetic applications specifically for porcine and bovine species. By leveraging their combined expertise, the partnership seeks to advance genetic solutions that improve livestock health and productivity
  • In Jan 2021, ABS Global announced a partnership with Bair Ranch to showcase the potential benefits of a cow-calf management system utilizing sex-skewed semen and terminal genetics. This collaboration aims to highlight how these advanced genetic strategies can enhance the efficiency and profitability of cattle operations. By working together, ABS Global and Bair Ranch seek to demonstrate innovative approaches to improving herd management and breeding outcomes
  • In Oct 2020, Hendrix Genetics partnered with Solidaridad to launch a sustainable poultry program in Zambia and Mozambique. This collaboration focuses on promoting environmentally friendly practices and improving the livelihoods of local farmers through enhanced poultry production. By combining their expertise, Hendrix Genetics and Solidaridad aim to create a sustainable poultry sector that benefits both communities and the environment in the region


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