Animal Genetics Market: A View of the Industry's Advancements and Opportunities

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The growth of the market is attributed to growing consumption of animal-derived food products in animal genomics, and increasing demand for genetic testing services.

Global Animal Genetics Market research report offers a panoramic view of the Animal Genetics Market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Animal Genetics Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.

The global Animal Genetics Market is projected to reach USD 9.66 billion by 2027. With the help of genetic modification practices which are quite progressive over the recent past, the production of animals with changed breeds has become high, hence attracting investments from all the major consumers on a global scale. Placental mammal farmers area unit achieving high milk-and meat-production by leveraging animal genetic technology. With the assistance of strategic breeding, the placental mammal farmers have been able to bag comparatively higher gains, that is likely to broaden and drive the growth of the end-user base of the market.

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Besides this, the high status of animal-borne sickness transmission to humans has been a push for the animal health business from central authorities to formulate effective medicine for animals. With the growing influence, the animal testing is likely to increase across all the analyzed regions in which the market has its presence. 

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Animal Genetics market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key participants include Genus Plc; Envigo Corporation, Topigs Norsvin, CRV Holding B.V, Groupe Grimaud La Corbiere SA, Hendrix Genetics BV, Neogen Corporation, Zoetis, Inc, URUS and Animal Genetics, Inc. among others.

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Market Overview:

The report bifurcates the Animal Genetics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Emergen Research has segmented into the global Animal Genetics Market on the basis of live animals, genetic materials and services:

Live Animals Outlook (Revenue, USD Billion; 2017-2027)

    • Porcine
    • Bovine
    • Poultry
    • Canine
    • Others

Genetic Materials Outlook (Revenue, USD Billion; 2017-2027)

    • Embryo
    • Semen

Services Type Outlook (Revenue, USD Billion; 2017-2027)

    • Genetic Trait Testing
    • Genetic Disease Testing
    • DNA Type Testing

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Regional Landscape section of the Animal Genetics report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report addresses the following key points:

The report estimates the expected market size from 2020-2027

The report provides a forecast of market drivers, restraints, and future opportunities for the Animal Genetics market

The report further analyses the changing market dynamics

Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth

Extensive competitive landscape mapping with profiles of the key competitors

In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies

Revenue forecast, country scope, application insights, and product insights

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