Global Animal Genetics Market Trends

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Global Animal Genetics Market Size, Share, and Trends Analysis Report Trends

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

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.

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..