Animal Genetics Market Research Report – Forecast till 2030

Animal Genetics Market Research Report, By Animal Genetic Products (Genetic Materials, Live Animals), Services (Genetic Disease Tests, DNA Typing, Gene Trait Tests), End-User (Veterinary Hospitals & Clinics, Diagnostic Centres)-Forecast Till 2030

ID: MRFR/LS/5539-HCR | January 2023 | Region: Global | 90 Pages         

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Animal Genetics Market

The Global Animal Genetics Market size is projected to register a CAGR of 6.90% over the forecast period 2022-2030.

$5,515.72 Million

Market Size

6.90%

CAGR

North America

Dominating Region

2022-2030

Forecast Period
Segmentation
By Animal Genetic Products Genetic Materials Live Animals
By Services Genetic Disease Tests DNA Typing Gene Trait Tests
By End Users Veterinary Hospitals & Clinics Diagnostic Centres
Key Players
Companies Profiled •  Neogen Corporation •  Genus •  URUS •  EW Group •  Groupe Grimaud •  CRV Holding B.V. •  Topigs Norsvin •  Zoetis •  Envigo •  Hendrix Genetics BV
Drivers
Market Driving Forces •  Increasing consumption of animal-derived protein •  Growing global population and rapid urbanization •  Growing focus on identifying superior breeds
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Animal Genetics Market Overview


The Animal Genetics Market is anticipated to reach USD 5,515.72 Million by 2030 at 6.90% CAGR during the forecast period 2022-2030. Animal genetics is a sub-discipline of genetics concerned with the study of genetic variation and inheritance in domestic and wild animals. Animal genetics is employed in commercial settings for services such as DNA typing, genetic disease diagnosis, and genetic characteristic testing. The genetic hybridizations are determined through hybrid population, ontogenetic, and cytological research. For example, a genetically modified cow might be able to produce more milk and be less susceptible to common cattle diseases like clostridial disease, bovine respiratory disease complex, and so on, effectively improving cattle farmers' overall profit. Animal genetics is a sub-discipline of genetics concerned with the study of genetic variation and inheritance in domestic and wild animals.


 Animal genetics is employed in commercial settings for services such as DNA typing, genetic disease diagnosis, and genetic characteristic testing. The genetic hybridizations are determined through hybrid population, ontogenetic, and cytological research. For example, a genetically modified cow might be able to produce more milk and be less susceptible to common cattle diseases like clostridial disease, bovine respiratory disease complex, and so on, effectively improving cattle farmers' overall profit. Animal genetics aims to produce organisms with the most desirable features. Strategic breeding can be used to choose traits in an animal that allow it to adapt to a specific condition or resist disease.



Segmentation:The Global Animal Genetics Market is segmented on the basis of animal genetic products, services, and end-user. The Animal Genetics Market, by animal genetic products, the market is segmented into genetic materials and live animals. The live animals are further bifurcated into poultry, bovine, porcine, canine and others. The genetic materials are sub-segmented into semen and embryo. On the basis of services, the animal genetics market is bifurcated into genetic disease tests, DNA typing, gene trait tests, and others. On the basis of end-user, the market is segmented into veterinary hospitals & clinics, diagnostic centres, research centres and institutes, and others. On the basis of region, the Animal Genetics Global Market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa. Regional Market SummaryThe Americas region dominated the animal genetics global market in 2017, owing to the growth in the North America region which is largely attributed to the factors such as the high demand for animal products such as pork, & mutton; further the rapid urbanization is likely to fuel the market demand for live animals in near future. The increasing adoption of artificial insemination especially in cattle, sheep, pigs, and goats fuel the further growth of the market.Europe hoisted as the second largest region for the global animal genetics market owing to increasing awareness of animal health, the rise in the number of numerous animal genetic diseases and the growing prevalence of the zoonotic disease is are expected to provide this market with lucrative growth opportunities. Asia-Pacific was projected to be the fastest growing region for the global animal genetics market in 2017. The factors attributed to the due to the growing livestock population and advancement in DNA typing and genetic testing tools further increasing the demand for genetic trait tests and various diagnostic testing. For instance, in 2018, NOVOGEN SAS launched their NOVOgen White commercial layers in Libya in a probe for regional expansion.The Middle East and Africa holds the least share in the animal genetics global market due to the presence of poor health expenditure and economically diverse countries. However, the market is expected to witness growth due to increasing toxicology care programs in the Middle East. Market Segmental Overview




  • Genetic Materials




    • Semen




    • Embryo




  • Live Animals


    • Poultry


    • Bovine


    • Porcine


    • Canine


    • Others




Global Animal Genetics Market, by Services:




  • Genetic Disease Tests


  • DNA Typing


  • Gene Trait Tests


  • Others


Global Animal Genetics Market, by End-Users




  • Veterinary Hospitals & Clinics


  • Diagnostic Centers


  • Research Centers and Institutes


  • Others


Global Animal Genetics Market, by Region:


  • Americas


  • Europe


  • Asia-Pacific


  • Middle East & Africa


Key Players:


  • Neogen Corporation


  • Genus


  • URUS


  • EW Group


  • Groupe Grimaud


  • CRV Holding B.V.


  • Topigs Norsvin


  • Zoetis


  • Envigo


  • Hendrix Genetics BV


  • Animal Genetics


  • Alta Genetics


  • vetGen



Recent DevelopmentHKScan, Topigs Norsvin, and the Royal Agrifirm Group inked an agreement in March 2022 to jointly establish a research and trial farm in Finland. Cooperation will create best practices in pork production for future demands, according to the pact.The National Institute of Food and Agriculture (NIFA) invested USD 5 million in January 2022 to genetically improve livestock output in the United States.Genus ABS and The Bair Ranch worked in January 2021 to demonstrate the impact of a cow-calf management system using sex-skewed semen and terminal genetics.Intended Audience


  • Pharmaceutical companies


  • Biotechnological institutes


  • Diagnostics Laboratories


  • Pathological Institutes


  • Government and private laboratories


  • Research and Development (R&D) companies


  • Medical research laboratories


  • Market research and consulting service providers





Report Scope:

Report Attribute/Metric Details
  Market Size   USD 5,515.72 Million
  CAGR   6.90%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Animal Genetic Products, Services and End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Neogen Corporation (US), Genus (UK), URUS (US), EW Group (Germany), Groupe Grimaud (France), CRV Holding B.V. (The Netherland), Topigs Norsvin (Netherlands), Zoetis (US), Envigo (US) Hendrix Genetics BV (The Netherland), Animal Genetics (US), Alta Genetics (US), vetGen (US)
  Key Market Opportunities

  • Increasing awareness of animal health
  • The rise in the number of numerous animal genetic diseases

    •   Key Market Drivers

  • Increasing consumption of animal-derived protein
  • Growing global population and rapid urbanization
  • Growing focus on identifying superior breeds



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    Frequently Asked Questions (FAQ) :

    The animal genetics market has the opportunity to record a CAGR of 6.90% during the forecast period of 2022 to 2030.

    Rising animal protein consumption, booming population, and increasing urbanization are reasons that can trigger the global animal genetics market.

    The high cost of testing and rising question regarding ethical stands are going to arrest the development of the animal genetics market.

    The Americas has the upper hand in the global animal genetics market as they have the maximum revenue-generation capacity.

    Major companies taking part in the animal genetics market are Genus (UK), URUS (US), Neogen Corporation (US), Groupe Grimaud (France), EW Group (Germany), Topigs Norsvin (Netherlands), CRV Holding B.V. (The Netherland), Animal Genetics (US), Zoetis (US), Envigo (US) Hendrix Genetics BV (The Netherland), vetGen (US), Alta Genetics (US), and others.