Animal Genetic Market, By Type (Animal Genetics Products (Live Animals (Poultry, Porcine, Canine, Bovines, and Other Animals), Genetic Materials (Semen (Bovine Semen, Porcine Semen, Canine semen, Equine semen and Other Animals)), and Embryo (Bovine Embryo, Equine Embryo, and Other Animals)), and By Service (DNA Typing, Genetic Trait Tests, Genetic Disease Tests, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI387620 | Publish Date: May 2023 | No. of Pages: 167

Global Animal Genetic Market By Overview

Introduction:

Animal genetics involves the genetic variation and inheritance in both wild and domestic animals. Animal genetics covers animal breeding, gene expression, and physical genetic feature, such as coat color, etc. Animal genetics is centered on general genetic concepts and principles. The hybrid analysis is the primary method of learning the inheritance of various characteristics, which plays a major role in determining the essence of inheritance of multiple biochemical, physiological, and morphological traits.

Drivers and Restraints:

The global animal genetic market is anticipated to witness healthy growth during the forecast period, owing to the steep rise in the demand for and consumption of animal proteins and a rapidly increasing urban population all over the world. In order to meet the rising global demand for animal products, producers are getting inclined towards animal genetics so as to breed high-quality livestock and secure large-scale production. A rapid increase in the number of animal diseases, the rising trend of possessing companion animals, and high prevalence of zoonotic disease have fuelled the demand for high-end diagnostic methods such as genetic testing. Moreover, increasing investments in research development of novel drugs and vaccines by private and government bodies are projected to propel the animal genetics market in the near future. However, the cost for installation and maintenance of the devices is a bit expensive and this is restraining the demand of the target market. Lack of knowledge over the utilization of the equipment is declining the growth of the global market. Low returns on research and development, high cost of animal testing, stringent regulatory framework, and rising concerns about genetic market are also hampering growth of the target market. Growing incidence of chronic disease are to surge growth opportunities for the global market. Rising expenditure on health care is greatly influencing the demand of the target market. The adoption of the latest technologies and the launch of various innovative products is lavishing the growth of the global animal genetic market.

Segmentation:

The global animal genetic market is segmented based on type, services, and region.

Based on the type, the targeted global animal genetic market is segmented into animal genetics products, genetic materials, and embryo. The animal genetic products is further segmented into live animals which has its sub categories as poultry, porcine, canine, bovines, and other animals. The porcine segment is expected to grow at the fastest CAGR during the forecast period. This can be attributed to the large consumer base of pork and pork products and the increasing penetration of advanced veterinary genetic research into this segment. Genetic materials is bifurcated into semen which is further segmented into bovine semen, porcine semen, canine semen, equine semen and other animals. Embryo type is further segmented into bovine embryo, equine embryo, and other animals. The semen segment is expected to grow at the fastest CAGR during the forecast period. This can be attributed to the growing adoption of artificial insemination (AI) and semen sexing in the breeding of cattle, pigs, sheep, and goats. Based on service, the global market is classified into DNA typing, genetic trait tests, genetic disease tests, and others. Based on animal genetic service, the genetic disease test segments expected to grow at the highest CAGR during the forecast period. This is attributed to the increasing adoption of genomic disease tests to prevent economic losses and loss of productivity of farm owners.

Based on the region the global animal genetic market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the global animal genetic market due to growing demand for advanced medical technologies and increasing geriatric population. Asia Pacific animal genetic market is projected to register a high CAGR over the forecast period owing to the growing trend of advanced genetic practices such as artificial insemination and embryo transfer for larger-scale production and quality breeds. In addition growing focus on identifying superior breeds are likely to boost the growth of the target market.

Key Players:                                                                                                  

The key players operating the global animal genetic market involves Neogen Corporation, Genus, URUS, EW Group, Groupe Grimaud, CRV Holding, Topigs Norsvin, Zoetis, Envigo, and Hendrix Genetics. In May 2019, a green signal has been passed for CRISPR gene editing of plants and animal is in Australia. These tools of gene editing are transforming the scientific world, promising remedy to new cancer and extremely fast breeding of plants and animals. By this, the regulations of gene technology would become more relaxed, fostering towards the growth of the genetic market. On May 2018, NOVOGEN, a subsidiary of the Grimaud Groupe, and Mahathath Almarae launched NOVOgen White commercial layers in Libya.

Detailed Segmentation:

Global Animal Genetic Market, By Type:

  • Animal Genetics Products
    • Live Animals
      • Poultry
      • Porcine
      • Canine
      • Bovines
      • Other Animals
  • Genetic Materials
    • Semen
      • Bovine Semen
      • Porcine Semen
      • Canine semen
      • Equine semen
      • Other Animals
  • Embryo
    • Bovine Embryo
    • Equine Embryo
    • Other Animals

Global Animal Genetic Market, By Service:

  • DNA Typing
  • Genetic Trait Tests
  • Genetic Disease Tests
  • Others

Global Animal Genetic Market, By Region:

      • North America
        • North America Animal Genetic Market, By Type
        • North America Animal Genetic Market, By Services
        • North America Animal Genetic Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Animal Genetic Market, By Type
        • Europe Animal Genetic Market, By Services
        • Europe Animal Genetic Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Animal Genetic Market, By Type
        • Asia Pacific Animal Genetic Market, By Services
        • Asia Pacific Animal Genetic Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Animal Genetic Market, By Type
        • Latin America Animal Genetic Market, By Services
        • Latin America Animal Genetic Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Animal Genetic Market, By Type
        • Middle East & Africa Animal Genetic Market, By Services
        • Middle East & Africa Animal Genetic Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Company Profile:

      • Neogen Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Genus
  • URUS
  • EW Group
  • Groupe Grimaud
  • CRV Holding
  • Topigs Norsvin
  • Zoetis
  • Envigo
  • Hendrix Genetics

 “*” marked represents similar segmentation in other categories in the respective section

Global Animal Genetic Market By Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Animal Genetic Makers Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Service
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Animal Genetic Makers Market, By Type , 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Animal Genetics Products
      • Live Animals
        • Poultry
        • Porcine
        • Canine
        • Bovines
        • Other Animals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Genetic Materials
      • Semen
        • Bovine Semen
        • Porcine Semen
        • Canine semen
        • Equine semen
        • Other Animals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Embryo
      • Bovine Embryo
      • Equine Embryo
      • Other Animals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Animal GeneticMakers Market, By Service, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • DNA Typing
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Genetic Trait Tests
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Genetic Disease Tests
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Animal GeneticMakers Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • Neogen Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Genus
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • URUS
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • EW Group
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Groupe Grimaud
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • CRV Holding
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Topigs Norsvin
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Zoetis
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Envigo
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Hendrix Genetics
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Global Animal Genetic Market is valued at US$6.5 Billion in 2020

The Global Animal Genetic Market is projected to increase at a CAGR of 5.2% during the forecast period.

The global animal genetic market is segmented based on type, services, and region.

The global animal genetic market is anticipated to witness healthy growth during the forecast period, owing to the steep rise in the demand for and consumption of animal proteins and a rapidly increasing urban population all over the world.

North America is the largest shareholder in the animal genetics market.