Animal Genetics Market Size, Share, By Animal Type (Companion, and Livestock), By Product (Genetic Materials, Live Animals, and Others), By Services (Genetic Testing, Genetic Consulting, DNA Typing, Others), By End-User (Veterinary Hospitals and Clinics, Research Centers and Academic Institutes, Livestock Farms and Breeding Companies, and Others), and By Region - Trends, Analysis, and Forecast till 2034

Animal genetics market size was valued at USD 6.5 Billion in 2024 and is expected to reach USD 11.03 Billion by 2034, growing at a CAGR of 6.4%.

The animal breeding market, one segment of the much larger agricultural sector, encompasses the entire creation and implementation process of any and all types of genetic technologies aimed at improving animal characteristics. The low-tech end is traditional breeding, while genetic engineering is at the high-tech end; both have been practiced to enhance animal productivity, health, and welfare. With the increase in population worldwide, the need for animal products has decidedly raised the level of the market in recent years. Some of the core factors contributing to the market growth include the requirement for increased yield from livestock animals.

Nurturing animals with these preferred characteristics- faster growth rates, better quality meat, or enhanced milk yield- could enable breeders to develop a new line of more superior genetically fortified animals and hence get better profits. Conventionally, this target has been achieved with the help of conventional breeding techniques where animals were crossed in turns to complement various features of one another. However, the genetic gain rate has improved with the advent of modern techniques, such as artificial insemination, embryo transfer, and genomic selection. The routine implementation of genomic selection in animal genetics is a compelling approach; instead of just targeting recessive alleles, such methods integrate advanced DNA sequencing with exploiting state-of-the-art bioinformatics approaches to predicting dominant alleles.

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Key Drivers of Target Market:

Genetic Testing Technologies

• Sparing the time and effort required for selection with new genetic testing methodologies, such as genotyping and genomic selection, has become a blessing. This advancement allows for very specific breeding strategies to be implemented, improving livestock productivity, enhancing disease resistance, and generally improving animal health.

Improvement in animal health and welfare

• Increased awareness by both consumers and producers has resulted in concentrated efforts toward breeding animals that are not only productive but also healthy and resistant to diseases. This has influenced the adoption of genetic technologies that reduce the incidence of hereditary diseases and improve animal welfare.

Restrains:

High Cost

• Advanced genetic testing and breeding services are relatively inexpensive for small-scale livestock farmers. This inhibits the rate of adoption, especially in poor developing regions. Apart from the societal uneasiness, ethical issues, and regulation challenges also arise with genetic applications in animal breeding, relating to animal welfare and effects on biodiversity. The regulatory obstacles to approval and use of GMOs and other genetic interventions are another major deterrent to growth in this market.

Opportunities:

Personalised Genetic Solutions for Companions

• Coupled with the increasing rate of pet ownership and spending on pet health and wellness, it will usher in an era of floodgate opportunities for personalized genetic testing and consulting services, maybe breed-specific health testing, behavioral analysis, and individually customized breeding programs.

The market is segmented based on Animal Type, Product, Service, End-User, and Region.

Animal Type Insights:

• Companion Animals: It includes animals kept as pets for emotional and other support, such as dogs, cats, horses, etc. Companion will enhance desirable traits such as behavior, appearance, and disease resistance. Genetic research in this segment aims to improve breed standards, reduce hereditary diseases, and increase health and longevity. Advanced genetics techniques, like DNA sequencing and selective breeding, further assist in identifying genetic markers linked with specific traits, hence ensuring healthier and more desirable pets.
• Livestock: This category includes animals raised mainly for agriculture and food purposes, such as in cattle, pigs, poultry, sheep, and goats. Livestock genetics involves developing desirable traits towards productivity through growth rate, feed efficiency, milk production, disease resistance, and reproduction. It is now crucial that the genetic betterment of livestock be pursued aggressively if the world's demands for meat, dairy, and other allied animal products are to be fulfilled. Artificial insemination, embryo transfer, and marker-assisted selection, among others, are some of the most appropriate technologies suitable for helping spread better genetics within livestock populations, thus driving economic and environmental sustainability in farming.

Product Type insights:

• Genetic Materials: This section comprises all the genetic resources, such as semen, embryo, and oocytes, applied for breeding and other reproductive purposes. Genetic materials are utilized to improve animal breeding programs significantly; desirable traits can be propagated for companion and livestock animals. Artificial insemination and in vitro fertilization are typical applications of genetic materials. This, due to enhanced cryopreservation and advances in biotechnology, has been made even simpler with storage and transportation across the world for easy access to elite genetics. This forms the backbone of an essential aspect that has enhanced genetic diversity, diminished inbreeding, and improved the rate of genetic progress in populations of animals.
• Living Animals: Animals that are very specifically bred and sold because of their kind of genetics. They include purebred animals, hybrid breeds, and even genetically engineered animals. Live animals are usually traded for breeding in companion and livestock markets. This section also involves animals whose genetics have been altered to enhance predisposing traits such as resistance to certain diseases or faster growth rates. Trade in live animals is subject to exacting regulations and standards regarding the health and genetic quality of the animals being bred and sold.
• Others: This segment may include a variety of genetic products and tools, such as genomic selection kits, gene-editing technologies like CRISPR, and molecular markers, among others, that find application in genetic research and breeding programs. These tools are crucial to meeting the requirements for advancing genetic research and breeding applications by ensuring precision and efficiency in the selection of desirable traits. The development of various genetic products is constantly expanding this segment and opening new frontiers for genetic enhancement in companion and livestock animals.

Services insights:

• Genetic Testing: The testing service covers the DNA of animals to find genetic disorders, parentage, breed composition, and other genetic features. Genetic testing provides essential information to breeders, veterinarians, and researchers so they can make appropriate decisions regarding breeding strategies and animal health management. Genetic testing is extensively done in companion and livestock animals to identify hereditary conditions, estimate genetic diversity, and enhance breeding programs. With the introduction of next-generation sequencing, genetic testing has become even more available and precise, offering an even better insight
• Genetic Consulting: Genetic consulting services put professional consultancy into practice on breeding strategies, genetic selection, and management of genetic disorders. Hence, this is very important to breeders, livestock producers, and pet owners in maximizing their animals' genetic potential. Genetic Consultants: Genetic consultants work hand in hand with clients to design breeding programs tailored to the needs of their breed, managing genetic risk and developing strategies for the long-term sustainability of animal populations. This area is gaining more importance as genetic technologies advance, which introduces complexity and intricacy in breeding.
• DNA Typing: DNA typing is a method for identifying specific genetic markers within an animal's DNA. Typical uses include parent verification, breed identification, and forensic purposes. While DNA typing provides the means to guarantee the accuracy and integrity of a breeding program, it also makes certain intellectual property protection possible regarding specific breeds or genetic lines. Another application is in wildlife conservation for tracking genetic diversity and tracing animal populations.
• Others: The segment includes all other genetic services, such as genome editing, gene therapy, and advanced reproductive technologies, such as cloning and stem cell therapy. These services have been considered the newest in animal genetics and have the remarkable potential to transform breeding practices, disease treatment, and conservation efforts. As these technologies continue to develop, they are expected to play an increasingly important role in the market.

End-User insights:

• Veterinary Hospitals and Clinics: Veterinary hospitals and clinics are the main end-users of services and products related to market, mainly in diagnosing and treating genetic disorders. Genetic testing, DNA typing, and genetic consulting must be performed at veterinary hospitals and clinics for personalized care to companion animals. They are also an integral part in the correct application of breeding recommendations and follow-up of the health status of the valuable animals on a genetic basis. This increases the number of people seeking genetic services from a veterinary point of view.
• Research Centers and Academic Institutes: These are the vanguard in research and creativity in animal genetics. They undertake basic research in genetic traits, gene functions and developing new genetics technologies. These are research centers and academic institutes that translate scientific discovery into practical applications associated with breeding, disease prevention, and genetic enhancement in collaboration with industrial partners. The segment is essential to provide a knowledge base on animal genetics for new product and service development.
• Livestock Farms and Breeding Companies: The key activities of these end-users are ultimately maximizing livestock productivity and profitability through genetic improvement. Different livestock farms and breeding companies are increasingly using genetic materials, genetic testing, and consulting services to improve the performance and health of the herds. These also help to a great degree in spreading superior genetics by selling live animals and genetic materials. Success, based on the continuous improvement of genetic traits, draws much from these operations; hence, these operations are vital contributors to the development of the market.
• Others: this segment include government agencies, wildlife conservation organizations, and biotechnology companies. Government agencies may, on the one hand, be concerned with regulation and the promotion of genetic standards, while on the other, conservation organizations deploy genetic tools in the preservation of endangered species and the maintenance of biodiversity. Biotechnology companies will act to develop and commercialize genetic products and services that drive innovation into the market. This heterogeneous section indicates the wide scope across different sectors where animal genetics can be applied and might become a solution to various problems in animal health and breeding.

Regional insights:

• North America: this region represents the largest share in the market owing to advanced breeding technology, strong livestock industries, and a high demand for animals with superior genetics. Major players involved in this region are the U.S. and Canada, as huge investments are being made in genetics research and development.
• Europe: The market in Europe is already well-established, and there is greater awareness of sustainable and ethical means of animal breeding. The region boasts excellent genetic testing services and a robust regulatory environment. Key participants in this market are Germany, France, and the UK.
• Asia Pacific: The Asia Pacific region has recorded fast growth within the market due to increased demand from its end-consumer sectors like meat and dairy. Various countries like China, India, and Australia record genetic improvement investments on the back of increased demand for livestock. The region also hosts its challenges similar to other parts in terms of disease outbreaks and low productivity to fuel the demand for genetic improvement.
• Latin America: this region also represents a future market in its desire to enhance livestock productivity and export potential. Brazil and Argentina are two of the most important countries in this region, considering their powerful cattle and poultry industries. The imperative to enhance the quality of meat and dairy products in this area is highly linked to genetic improvement.
• Middle East and Africa: The markets of the Middle East and Africa are in relative infancy. Food security is the prime focus of nations aiming to enhance the livestock sector within these regions. Well-invested countries include South Africa, Saudi Arabia, and the UAE in genetic advancement to uplift their respective livestock industries. Most of these regions have rough climate changes and outbreaks of diseases, hence the need for resilient genetic traits.

Animal Genetics Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Animal Type, Product, Service, End-User, and Region.

Segmentation:

By Animal Type:

• Companion
• Livestock

By Product:

• Genetic Materials
• Live Animals
• Others

By Service:

• Genetic Testing
• Genetic Consulting
• DNA Typing
• Others

By End-User:

• Veterinary Hospitals and Clinics
• Research Centers and Academic Institutes
• Livestock Farms and Breeding Companies
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Animal Genetics Market include Genus PLC, Zoetis Inc., Neogen Corporation, Hendrix Genetics BV, CRV Holding BV, Animal Genetics Inc., Topigs Norsvin, Envigo, EW Group GmbH, URUS Group LP, Alta Genetics Inc., STgenetics, Semex Alliance, ABS Global Inc., The Maschhoffs LLC.

• In August 2024, there was marked progress with the use of CRISPR technology in the precise editing of genes in livestock. This technology focuses more on increasing disease resistance and productivity within some living organisms, such as pigs and cattle. The August 2024 breakthrough points out that CRISPR holds immense promise for accelerating genetic gains in the livestock sector.
• In June 2024, Genus, one of the world's leading animal genetics companies, announced a strategic partnership with BCA, the Brazilian Cattle Association. The deal would cover advanced breeding technologies and genetic consulting services to enhance the genetic quality of Brazil's cattle herd. This deal is expected to increase Brazil's beef export potential.
• In May 2024, A leading veterinary diagnostics company has launched a new genetic testing kit for companion animals. The kit will enable owners and veterinarians to discover breed-specific health risks and hereditary conditions in pets, allowing their health to be cared for accordingly.

• Genus PLC
• Zoetis Inc.
• Neogen Corporation
• Hendrix Genetics BV
• CRV Holding BV
• Animal Genetics Inc.
• Topigs Norsvin
• Envigo
• EW Group GmbH
• URUS Group LP
• Alta Genetics Inc.
• STgenetics
• Semex Alliance
• ABS Global Inc.
• The Maschhoffs LLC