In the production of animals, genetic engineering has a rising number of beneficial uses, such as the development of transgenic animals that are disease-resistant, increasing animal productivity, correcting genetic disorders, and development of vaccinations. These factors are expected to lead to an expansion of the animal genetics market.
The increasing acceptance of cutting-edge genetic technologies and an increase in the use of animal welfare initiatives are expected to propel the animal genetics market. Similarly to this, an improved understanding of veterinary genetic diseases and a rise in the population of livestock animals to meet the unmet demand for animal-derived proteins will further spur market expansion. The development of research and development initiatives carried out by scientists to improve milk and food products from farmed animals through genetic modification is another factor encouraging Animal Genetics market expansion.
The Animal Genetics market will grow due to the increased focus on developing superior disease-resistant breeds. Animal geneticists have discovered traits in the genes that promote an animal's capacity for development, health, and sustenance. These genetic developments lessen their influence on the environment while increasing output. About a billion people, who produce about 40% of the world's agricultural production, rely on livestock and other animals for their food security and means of survival. Therefore, for the benefit of the world's growing population, knowing animal genetics is crucial in order to identify and developing disease-resistant breeds.
Additionally, the growing practice of selective breeding in animals will be advantageous to the advancement of animal genetics. DNA forensics can be used to determine and manage domestic animal paternity. It is also used to sex animals and identify genetic problems, which helps the market sector grow. Additionally, there will be a rise in demand for animal genetics services and a growth in the industry as the method of selective breeding for desirable traits is accepted more widely.
Additionally, throughout the predicted period, manufacturers' increased emphasis on utilizing cutting-edge technology and an increase in R&D activities will provide more favorable conditions for the expansion of the animal genetics market.
North America has a market share of over 35%, followed by Europe and Asia-Pacific, both of which have a share of over 50%, as the largest markets. The high penetration of animal genetic firms using cutting-edge technologies also had an impact on the region's sizeable market share. The majority of animal breeding businesses, including start-ups, are located in the US. The principal players in the market have their corporate offices here as well. As a result, the U.S. represents a sizable market for animal genetics in North America.
|
Report Metric |
Details |
|
Report Name |
Animal Genetics Market |
|
Revenue forecast in 2028 |
USD 8675.8 Million |
|
Growth Rate |
CAGR 7.8% |
|
Base year considered |
2022 |
|
Forecast Period |
2023-2028 |
|
By Type |
Animal Genetic Products, Animal Genetics Testing Services |
|
By Application |
Poultry, Porcine, Bovine |
|
Report Coverage |
Revenue & volume forecast, company share, competitive landscape, growth factors, and trends |
|
Segments Covered |
By Type, Application, and Region |
|
Geographic Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Ans. Yes, we do provide the option to buy chapters in a report. We also can customize the report based on your specific requirements.
Ans. According to our latest research, the global Animal Genetics market size will reach USD 8675.8 million in 2028, growing at a CAGR of 7.8% over the analysis period.
Ans. Yes, the report includes a COVID-19 impact analysis. Also, it is further extended into every individual segment of the report.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Animal Genetics Market Size Growth Rate by Type (2022-2028)
1.2.2 Animal Genetics Products
1.2.3 Animal Genetics Testing Services
1.3 Market by Application
1.3.1 Global Animal Genetics Market Share by Application (2022-2028)
1.3.2 Poultry
1.3.3 Porcine
1.3.4 Bovine
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Animal Genetics Market Size
2.2 Animal Genetics Market Size by Regions
2.2.1 Animal Genetics Growth Rate by Regions (2022-2028)
2.2.2 Animal Genetics Market Share by Regions (2022-2028)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Use Cases
3 Key Players
3.1 Animal Genetics Revenue by Players (2022 & 2028)
3.2 Animal Genetics Key Players Headquarters and Area Served
3.3 Key Players Animal Genetics Product/Solution/Service
3.4 Date of Enter into Animal Genetics Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown by Type and by Application
4.1 Global Animal Genetics Market Size by Type (2022-2028)
4.2 Global Animal Genetics Market Size by Application (2022-2028)
5 North America
5.1 North America Animal Genetics Market Forecast (2022-2028)
5.2 Animal Genetics Key Players in North America
5.3 North America Animal Genetics Market Size by Type
5.4 North America Animal Genetics Market Size by Application
6 Europe
6.1 Europe Animal Genetics Market Forecast (2022-2028)
6.2 Animal Genetics Key Players in Europe
6.3 Europe Animal Genetics Market Size by Type
6.4 Europe Animal Genetics Market Size by Application
7 China
7.1 China Animal Genetics Market Forecast (2022-2028)
7.2 Animal Genetics Key Players in China
7.3 China Animal Genetics Market Size by Type
7.4 China Animal Genetics Market Size by Application
8 Rest of World
8.1 Japan
8.1.1 Japan Animal Genetics Market Analysis
8.1.2 Key Players in Japan
8.2 Southeast Asia
8.2.1 Southeast Asia Animal Genetics Market Analysis
8.2.2 Key Players in Southeast Asia
8.3 India
8.3.1 India Animal Genetics Market Analysis
8.3.2 Key Players in India
9 International Player Profiles
9.1 Genus PLC
9.1.1 Genus PLC Company Details
9.1.2 Genus PLC Description and Business Overview
9.1.3 Genus PLC Animal Genetics Introduction
9.1.4 Genus PLC Revenue in Animal Genetics Business (2022 & 2028)
9.1.5 Genus PLC Recent Development
9.2 Hendrix Genetics
9.2.1 Hendrix Genetics Company Details
9.2.2 Hendrix Genetics Description and Business Overview
9.2.3 Hendrix Genetics Animal Genetics Introduction
9.2.4 Hendrix Genetics Revenue in Animal Genetics Business (2022 & 2028)
9.2.5 Hendrix Genetics Recent Development
9.3 EW Group
9.3.1 EW Group Company Details
9.3.2 EW Group Description and Business Overview
9.3.3 EW Group Animal Genetics Introduction
9.3.4 EW Group Revenue in Animal Genetics Business (2022 & 2028)
9.3.5 EW Group Recent Development
9.4 Zoetis
9.4.1 Zoetis Company Details
9.4.2 Zoetis Description and Business Overview
9.4.3 Zoetis Animal Genetics Introduction
9.4.4 Zoetis Revenue in Animal Genetics Business (2022 & 2028)
9.4.5 Zoetis Recent Development
9.5 CRV Holding
9.5.1 CRV Holding Company Details
9.5.2 CRV Holding Description and Business Overview
9.5.3 CRV Holding Animal Genetics Introduction
9.5.4 CRV Holding Revenue in Animal Genetics Business (2022 & 2028)
9.5.5 CRV Holding Recent Development
9.6 Grimaud
9.6.1 Grimaud Company Details
9.6.2 Grimaud Description and Business Overview
9.6.3 Grimaud Animal Genetics Introduction
9.6.4 Grimaud Revenue in Animal Genetics Business (2022 & 2028)
9.6.5 Grimaud Recent Development
9.7 Topigs Norsvin
9.7.1 Topigs Norsvin Company Details
9.7.2 Topigs Norsvin Description and Business Overview
9.7.3 Topigs Norsvin Animal Genetics Introduction
9.7.4 Topigs Norsvin Revenue in Animal Genetics Business (2022 & 2028)
9.7.5 Topigs Norsvin Recent Development
9.8 Alta Genetics
9.8.1 Alta Genetics Company Details
9.8.2 Alta Genetics Description and Business Overview
9.8.3 Alta Genetics Animal Genetics Introduction
9.8.4 Alta Genetics Revenue in Animal Genetics Business (2022 & 2028)
9.8.5 Alta Genetics Recent Development
9.9 Neogen Corporation
9.9.1 Neogen Corporation Company Details
9.9.2 Neogen Corporation Description and Business Overview
9.9.3 Neogen Corporation Animal Genetics Introduction
9.9.4 Neogen Corporation Revenue in Animal Genetics Business (2022 & 2028)
9.9.5 Neogen Corporation Recent Development
9.10 Envigo
9.10.1 Envigo Company Details
9.10.2 Envigo Description and Business Overview
9.10.3 Envigo Animal Genetics Introduction
9.10.4 Envigo Revenue in Animal Genetics Business (2022 & 2028)
9.10.5 Envigo Recent Development
10 Market Dynamics
10.1 Industry Trends
10.2 Market Drives
10.3 Market Challenges
10.4 Market Restraints
11 Key Findings in This Report
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.2 Data Source
12.2 Disclaimer
12.3 Author Details
List of Tables
Table 1. Global Animal Genetics Market Size Growth Rate by Type (2022-2028) (US$ Million)
Table 2. Key Players of Animal Genetics Products
Table 3. Key Players of Animal Genetics Testing Services
Table 4. Global Animal Genetics Market Size Growth by Application (2022-2028) (US$ Million)
Table 5. Global Animal Genetics Market Size by Regions (2022-2028) (US$ Million)
Table 6. Global Animal Genetics Market Share by Regions (2022-2028)
Table 7. Market Top Trends
Table 8. Market Use Cases
Table 9. Global Animal Genetics Revenue by Players (2022 & 2028) (US$ Million)
Table 10. Global Animal Genetics Market Share by Players (2022 &2028)
Table 11. Key Players Headquarters and Area Served
Table 12. Key Players Animal Genetics Product/Solution/Service
Table 13. Date of Enter into Animal Genetics Market
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Global Animal Genetics Market Size by Type (2022-2028) (US$ Million)
Table 16. Global Animal Genetics Market Size Share by Type (2022-2028)
Table 17. Global Animal Genetics Market Size by Application (2022-2028) (US$ Million)
Table 18. Global Animal Genetics Market Size Share by Application (2022-2028)
Table 19. North America Key Players Animal Genetics Revenue (2022 & 2028) & (US$ Million)
Table 20. North America Key Players Animal Genetics Market Share (2022 & 2028)
Table 21. North America Animal Genetics Market Size by Type (2022-2028) (US$ Million)
Table 22. North America Animal Genetics Market Share by Type (2022-2028)
Table 23. North America Animal Genetics Market Size by Application (2022-2028) (US$ Million)
Table 24. North America Animal Genetics Market Share by Application (2022-2028)
Table 25. Europe Key Players Animal Genetics Revenue (2022 & 2028) & (US$ Million)
Table 26. Europe Key Players Animal Genetics Market Share (2022 & 2028)
Table 27. Europe Animal Genetics Market Size by Type (2022-2028) (US$ Million)
Table 28. Europe Animal Genetics Market Share by Type (2022-2028)
Table 29. Europe Animal Genetics Market Size by Application (2022-2028) (US$ Million)
Table 30. Europe Animal Genetics Market Share by Application (2022-2028)
Table 31. China Key Players Animal Genetics Revenue (2022 & 2028) & (US$ Million)
Table 32. China Key Players Animal Genetics Market Share (2022 & 2028)
Table 33. China Animal Genetics Market Size by Type (2022-2028) (US$ Million)
Table 34. China Animal Genetics Market Share by Type (2022-2028)
Table 35. China Animal Genetics Market Size by Application (2022-2028) (US$ Million)
Table 36. China Animal Genetics Market Share by Application (2022-2028)
Table 37. Key Players in Japan
Table 38. Key Players in Southeast Asia
Table 39. Key Players in India
Table 40. Genus PLC Company Details
Table 41. Genus PLC Description and Business Overview
Table 42. Genus PLC Animal Genetics Product
Table 43. Genus PLC Revenue in Animal Genetics Business 2022 & 2028
Table 44. Genus PLC Recent Development
Table 45. Hendrix Genetics Company Details
Table 46. Hendrix Genetics Description and Business Overview
Table 47. Hendrix Genetics Animal Genetics Product
Table 48. Hendrix Genetics Revenue in Animal Genetics Business 2022 & 2028
Table 49. Hendrix Genetics Recent Development
Table 50. EW Group Company Details
Table 51. EW Group Description and Business Overview
Table 52. EW Group Animal Genetics Product
Table 53. EW Group Revenue in Animal Genetics Business 2022 & 2028
Table 54. EW Group Recent Development
Table 55. Zoetis Company Details
Table 56. Zoetis Description and Business Overview
Table 57. Zoetis Animal Genetics Product
Table 58. Zoetis Revenue in Animal Genetics Business 2022 & 2028
Table 59. Zoetis Recent Development
Table 60. CRV Holding Company Details
Table 61. CRV Holding Description and Business Overview
Table 62. CRV Holding Animal Genetics Product
Table 63. CRV Holding Revenue in Animal Genetics Business 2022 & 2028
Table 64. CRV Holding Recent Development
Table 65. Grimaud Company Details
Table 66. Grimaud Description and Business Overview
Table 67. Grimaud Animal Genetics Product
Table 68. Grimaud Revenue in Animal Genetics Business 2022 & 2028
Table 69. Grimaud Recent Development
Table 70. Topigs Norsvin Company Details
Table 71. Topigs Norsvin Description and Business Overview
Table 72. Topigs Norsvin Animal Genetics Product
Table 73. Topigs Norsvin Revenue in Animal Genetics Business 2022 & 2028
Table 74. Topigs Norsvin Recent Development
Table 75. Alta Genetics Company Details
Table 76. Alta Genetics Description and Business Overview
Table 77. Alta Genetics Animal Genetics Product
Table 78. Alta Genetics Revenue in Animal Genetics Business 2022 & 2028
Table 79. Alta Genetics Recent Development
Table 80. Neogen Corporation Company Details
Table 81. Neogen Corporation Description and Business Overview
Table 82. Neogen Corporation Animal Genetics Product
Table 83. Neogen Corporation Revenue in Animal Genetics Business 2022 & 2028
Table 84. Neogen Corporation Recent Development
Table 85. Envigo Company Details
Table 86. Envigo Description and Business Overview
Table 87. Envigo Animal Genetics Product
Table 88. Envigo Revenue in Animal Genetics Business 2022 & 2028
Table 89. Envigo Recent Development
Table 90. Animal Genetics Market Trends
Table 91. Animal Genetics Market Drivers
Table 92. Animal Genetics Market Challenges
Table 93. Animal Genetics Market Restraints
Table 94. Research Programs/Design for This Report
Table 95. Key Data Information from Secondary Sources
Table 96. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Animal Genetics Market Share by Type in 2022 & 2028
Figure 2. Animal Genetics Products Features
Figure 3. Animal Genetics Testing Services Features
Figure 4. Global Animal Genetics Market Share by Application in 2022 & 2028
Figure 5. Poultry Case Studies
Figure 6. Porcine Case Studies
Figure 7. Bovine Case Studies
Figure 8. Others Case Studies
Figure 9. Animal Genetics Report Years Considered
Figure 10. Global Animal Genetics Market Size and Growth Rate (2022-2028) (US$ Million)
Figure 11. Global Animal Genetics Market Share by Regions (2022-2028)
Figure 12. Global Animal Genetics Market Share by Players in 2021
Figure 13. Global Animal Genetics Market Size Market Share by Type (2022-2028)
Figure 14. Global Animal Genetics Market Size Market Share by Application (2022-2028)
Figure 15. Global Animal Genetics Revenue Market Share by Application in 2021
Figure 16. North America Animal Genetics Market Size 2022-2028 (US$ Million)
Figure 17. Europe Animal Genetics Market Size 2022-2028 (US$ Million)
Figure 18. China Animal Genetics Market Size 2022-2028 (US$ Million)
Figure 19. Animal Genetics Market Size in Japan (2022-2028) (US$ Million)
Figure 20. Animal Genetics Market Size in Southeast Asia (2022-2028) (US$ Million)
Figure 21. Animal Genetics Market Size in India (2022-2028) (US$ Million)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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