Global Animal Genetics Market Analysis

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Global Animal Genetics Market Analysis

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

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.

Frequently Asked Questions

The market is segmented based on 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 .
The Global Animal Genetics Market size was valued at USD 6.49 USD Billion in 2023.
The Global Animal Genetics Market is projected to grow at a CAGR of 9.7% during the forecast period of 2024 to 2031.
The major players operating in the market include Neogen Corporation, Genus, URUS Group LP, EW Group Ltd, GROUPE GRIMAUD LA CORBIERE, Topigs Norsvin, Zoetis, Envigo Marketing Private Limited, Hendrix Genetics BV, Animal Genetics , VetGen, Tropical Bovine Genetics, Trans Ova Genetics, Inguran LLC dba STgenetics, SEMEX, Cobb,Vantress, Milk Source, Eurogene AI Services, CRV, EW Nutrition, Trans Ova Genetics, Beacon Automation Pty , GENEX Cooperative, ABS, ANICAM ENTERPRISES .
The market report covers data from the 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..