- 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
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
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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..
