Animal Genetic Market was valued at US$ 246.0 Bn in 2021 and is expected to reach US$ 701.78 Bn by 2029, at a CAGR of 7.13 % during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Animal Genetic Market Dynamics:Growth of economy in countries, such as the Asia Pacific and Latin America have increased affordability in urban middle-class population, enhance the per-capita meat consumption, which drives the demand for more efficient livestock production. Furthermore, the rise in awareness about the importance of healthy livestock, feed additives, and other materials of companion animals along with growing pet ownership are the key factors that are projected to provide opportunities to animal breeders in developing markets during the forecast period. Huge demand for animal products and improved focus toward genetic management of diseases in animals are projected to drive the market for animal genetic during the forecast period. Globalization and climate change resulted in the outbreak of animal diseases; some are communicable to humans. According to International Federation for Animal Health (IFAH), an increase in global temperature leads to the arrival of new diseases and helps other diseases to resurface. The increasing occurrence of diseases among animals fuels the demand for genetically improved or genetically enhanced breed, which is predicted to drive the demand for the animal genetics market. On the other hand, the government has increased the investment in advanced technologies to increase the demand for the animal genetic market during the forecast period but it restricts the market owing to unpredictable changes in raw materials.
Animal Genetic Market Segment Analysis:On the basis of material type, the semen segment is projected to grow at the fastest CAGR (XX %) of the animal genetic market during the forecast period. This can be credited to the growing acceptance of artificial insemination (AI) and semen sexing in the refinement of cattle, pigs, sheep, goats, etc. These factors lead to an increase in the demand for the animal genetic market during the forecast period.
Animal Genetic Market Regional Analysis:In the Geographical area, North America is anticipated to lead the animal genetics market during the forecast period. This is credited to the existence of a large number of leading players in the animal genetics market in these regions, along with the high acceptance of the latest technologies in animal genetics. Moreover, the conventional livestock sector and the rising demand for animal protein is anticipated to drive the North American animal genetics market. The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global Animal Genetic market dynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on the market in the forecast period. PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies. The report will address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global Animal Genetic market. The report also helps in understanding Global Animal Genetic Market dynamics, structure by analyzing the market segments and projects the Global Animal Genetic Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Animal Genetic Market make the report investor’s guide.
Animal Genetic Market, Key Highlights:• Global Animal Genetic Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Animal Genetic Market • Global Animal Genetic Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global Animal Genetic Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global Animal Genetic Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Animal Genetic Market are also profiled.
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Global Animal Genetic Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 246.01 Bn. Forecast Period 2022 to 2029 CAGR: 7.13 % Market Size in 2029: US $ 701.78 Bn. Segments Covered: by Product • Live Animal o Bovine o Porcine o Poultry o Canine o Piscine o Other • Genetic Material o Semen o Embryo o Other • Genetic Testing
Global Animal Genetic Market, by Region• North America • Europe • Asia Pacific • Middle East & Africa • South America
Global Animal Genetic Market Key Players:• Neogen Corporation • Genus • URUS • EW Group • Groupe Grimaud • CRV Holding • Topigs Norsvin • Zoetis • Envigo • Hendrix Genetics • Animal Genetics • vetGen • Genus PLC • Zoetis, Inc. • Alta Genetics, Inc. • Animal Genetics Inc. • Coöperatie Koninklijke CRV u.a. • Groupe Grimaud •Aviagen Group •Genetic Veterinary Sciences Inc.
Frequently Asked Questions:1. Which region has the largest share in Global Animal Genetic Market? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Animal Genetic Market? Ans: The Global Animal Genetic Market is growing at a CAGR of 7.13% during forecasting period 2022-2029. 3. What is scope of the Global Animal Genetic market report? Ans: Global Animal Genetic Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Animal Genetic market? Ans: The important key players in the Global Animal Genetic Market are – Neogen Corporation, Genus, URUS, EW Group, Groupe Grimaud, CRV Holding, Topigs Norsvin, Zoetis, Envigo, Hendrix Genetics, Animal Genetics, vetGen, Genus PLC, Zoetis, and Inc. 5. What is the study period of this market? Ans: The Global Animal Genetic Market is studied from 2021 to 2029.
Global Animal Genetic Market1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 126.96.36.199. Secondary data 188.8.131.52. Secondary Sources 2.3.2. Primary Research 184.108.40.206. Data from Primary Sources 220.127.116.11. Breakdown of Primary Sources 3. Executive Summary: Global Animal Genetic Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Global Animal Genetic Market 4.8.Global Animal Genetic Market Competitive Landscape 5. Supply Side and Demand Side Indicators 6. Global Animal Genetic Market Analysis and Forecast 6.1. Global Animal Genetic Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Animal Genetic Market Analysis and Forecast, by Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Animal Genetic Market Value Share Analysis, by Product Type 7.4. Global Animal Genetic Market Size (US$ Bn) Forecast, by Product Type 7.5. Global Animal Genetic Market Analysis, by Product Type 7.6. Global Animal Genetic Market Attractiveness Analysis, by Product Type 8. Global Animal Genetic Market Analysis, by Region 8.1. Global Animal Genetic Market Value Share Analysis, by Region 8.2. Global Animal Genetic Market Size (US$ Bn) Forecast, by Region 8.3. Global Animal Genetic Market Attractiveness Analysis, by Region 9. North America Animal Genetic Market Analysis 9.1. Key Findings 9.2. North America Animal Genetic Market Overview 9.3. North America Animal Genetic Market Value Share Analysis, by Product Type 9.4. North America Animal Genetic Market Forecast, by Product Type 9.4.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 9.4.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 9.4.3. Genetic testing 9.5. North America Animal Genetic Market Value Share Analysis, by Country 9.6. North America Animal Genetic Market Forecast, by Country 9.6.1. U.S. 9.6.2. Canada 9.7. North America Animal Genetic Market Analysis, by Country 9.8. U.S. Animal Genetic Market Forecast, by Product Type 9.8.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 9.8.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 9.8.3. Genetic testing 9.9. Canada Animal Genetic Market Forecast, by Product Type 9.9.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 9.9.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 9.9.3. Genetic testing 9.10. North America Animal Genetic Market Attractiveness Analysis 9.10.1. By Product Type 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Development 10. Europe Animal Genetic Market Analysis 10.1. Key Findings 10.2. Europe Animal Genetic Market Overview 10.3. Europe Animal Genetic Market Value Share Analysis, by Product Type 10.4. Europe Animal Genetic Market Forecast, by Product Type 10.4.1. Live animal 10.4.1.1. Bovine 10.4.1.2. Porcine 10.4.1.3. Poultry 10.4.1.4. Canine 10.4.1.5. Piscine 10.4.1.6. Other 10.4.2. Genetic material 10.4.2.1. Semen 10.4.2.2. Embryo 10.4.2.3. Other 10.4.3. Genetic testing 10.5. Europe Animal Genetic Market Value Share Analysis, by Country 10.6. Europe Animal Genetic Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Rest of Europe 10.7. Europe Animal Genetic Market Analysis, by Country 10.8. Germany Animal Genetic Market Forecast, by Product Type 10.8.1. Live animal 10.8.1.1. Bovine 10.8.1.2. Porcine 10.8.1.3. Poultry 10.8.1.4. Canine 10.8.1.5. Piscine 10.8.1.6. Other 10.8.2. Genetic material 10.8.2.1. Semen 10.8.2.2. Embryo 10.8.2.3. Other 10.8.3. Genetic testing 10.9. U.K. Animal Genetic Market Forecast, by Product Type 10.9.1. Live animal 10.9.1.1. Bovine 10.9.1.2. Porcine 10.9.1.3. Poultry 10.9.1.4. Canine 10.9.1.5. Piscine 10.9.1.6. Other 10.9.2. Genetic material 10.9.2.1. Semen 10.9.2.2. Embryo 10.9.2.3. Other 10.9.3. Genetic testing 10.10. France Animal Genetic Market Forecast, by Product Type 10.10.1. Live animal 10.10.1.1. Bovine 10.10.1.2. Porcine 10.10.1.3. Poultry 10.10.1.4. Canine 10.10.1.5. Piscine 10.10.1.6. Other 10.10.2. Genetic material 10.10.2.1. Semen 10.10.2.2. Embryo 10.10.2.3. Other 10.10.3. Genetic testing 10.11. Italy Animal Genetic Market Forecast, by Product Type 10.11.1. Live animal 10.11.1.1. Bovine 10.11.1.2. Porcine 10.11.1.3. Poultry 10.11.1.4. Canine 10.11.1.5. Piscine 10.11.1.6. Other 10.11.2. Genetic material 10.11.2.1. Semen 10.11.2.2. Embryo 10.11.2.3. Other 10.11.3. Genetic testing 10.12. Spain Animal Genetic Market Forecast, by Product Type 10.12.1. Live animal 10.12.1.1. Bovine 10.12.1.2. Porcine 10.12.1.3. Poultry 10.12.1.4. Canine 10.12.1.5. Piscine 10.12.1.6. Other 10.12.2. Genetic material 10.12.2.1. Semen 10.12.2.2. Embryo 10.12.2.3. Other 10.12.3. Genetic testing 10.13. Rest of Europe Animal Genetic Market Forecast, by Product Type 10.13.1. Live animal 10.13.1.1. Bovine 10.13.1.2. Porcine 10.13.1.3. Poultry 10.13.1.4. Canine 10.13.1.5. Piscine 10.13.1.6. Other 10.13.2. Genetic material 10.13.2.1. Semen 10.13.2.2. Embryo 10.13.2.3. Other 10.13.3. Genetic testing 10.14. Europe Animal Genetic Market Attractiveness Analysis 10.14.1. By Product Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Asia Pacific Animal Genetic Market Analysis 11.1. Key Findings 11.2. Asia Pacific Animal Genetic Market Overview 11.3. Asia Pacific Animal Genetic Market Value Share Analysis, by Product Type 11.4. Asia Pacific Animal Genetic Market Forecast, by Product Type 11.4.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 11.4.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 11.4.3. Genetic testing 11.5. Asia Pacific Animal Genetic Market Value Share Analysis, by Country 11.6. Asia Pacific Animal Genetic Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. ASEAN 11.6.5. Rest of Asia Pacific 11.7. Asia Pacific Animal Genetic Market Analysis, by Country 11.8. China Animal Genetic Market Forecast, by Product Type 11.8.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 11.8.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 11.8.3. Genetic testing 11.9. India Animal Genetic Market Forecast, by Product Type 11.9.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 11.9.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 11.9.3. Genetic testing 11.10. Japan Animal Genetic Market Forecast, by Product Type 11.10.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 11.10.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 11.10.3. Genetic testing 11.11. ASEAN Animal Genetic Market Forecast, by Product Type 11.11.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 11.11.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 11.11.3. Genetic testing 11.12. Rest of Asia Pacific Animal Genetic Market Forecast, by Product Type 11.12.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 11.12.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 11.12.3. Genetic testing 11.13. Asia Pacific Animal Genetic Market Attractiveness Analysis 11.13.1. By Product Type 11.14. PEST Analysis 11.15. Key Trends 11.16. Key Development 12. Middle East & Africa Animal Genetic Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Animal Genetic Market Overview 12.3. Middle East & Africa Animal Genetic Market Value Share Analysis, by Product Type 12.4. Middle East & Africa Animal Genetic Market Forecast, by Product Type 12.4.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 12.4.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 12.4.3. Genetic testing 12.5. Middle East & Africa Animal Genetic Market Value Share Analysis, by Country 12.6. Middle East & Africa Animal Genetic Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Animal Genetic Market Analysis, by Country 12.8. GCC Animal Genetic Market Forecast, by Product Type 12.8.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 12.8.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 12.8.3. Genetic testing 12.9. South Africa Animal Genetic Market Forecast, by Product Type 12.9.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 12.9.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 12.9.3. Genetic testing 12.10. Rest of Middle East & Africa Animal Genetic Market Forecast, by Product Type 12.10.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 12.10.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 12.10.3. Genetic testing 12.11. Middle East & Africa Animal Genetic Market Attractiveness Analysis 12.11.1. By Product Type 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Development 13. South America Animal Genetic Market Analysis 13.1. Key Findings 13.2. South America Animal Genetic Market Overview 13.3. South America Animal Genetic Market Value Share Analysis, by Product Type 13.4. South America Animal Genetic Market Forecast, by Product Type 13.4.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 13.4.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 13.4.3. Genetic testing 13.5. South America Animal Genetic Market Value Share Analysis, by Country 13.6. South America Animal Genetic Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Rest of South America 13.7. South America Animal Genetic Market Analysis, by Country 13.8. Brazil Animal Genetic Market Forecast, by Product Type 13.8.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 13.8.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 13.8.3. Genetic testing 13.9. Mexico Animal Genetic Market Forecast, by Product Type 13.9.1. Live animal 188.8.131.52. Bovine 184.108.40.206. Porcine 220.127.116.11. Poultry 18.104.22.168. Canine 22.214.171.124. Piscine 126.96.36.199. Other 13.9.2. Genetic material 188.8.131.52. Semen 184.108.40.206. Embryo 220.127.116.11. Other 13.9.3. Genetic testing 13.9.4. 13.10. Rest of South America Animal Genetic Market Forecast, by Product Type 13.10.1. Live animal 18.104.22.168. Bovine 22.214.171.124. Porcine 126.96.36.199. Poultry 188.8.131.52. Canine 184.108.40.206. Piscine 220.127.116.11. Other 13.10.2. Genetic material 18.104.22.168. Semen 22.214.171.124. Embryo 126.96.36.199. Other 13.10.3. Genetic testing 13.11. South America Animal Genetic Market Attractiveness Analysis 13.11.1. By Product Type 13.12. PEST Analysis 13.13. Key Trends 13.14. Key Development 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 188.8.131.52. M&A by Regions, Investment and Applications 184.108.40.206. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. Neogen Corporation 220.127.116.11. Company Overview 18.104.22.168. Financial Overview 22.214.171.124. Product Portfolio 126.96.36.199. Business Strategy 188.8.131.52. Recent Developments 184.108.40.206. Company Footprint 14.3.2. Genus 14.3.3. URUS 14.3.4. EW Group 14.3.5. Groupe Grimaud 14.3.6. CRV Holding 14.3.7. Topigs Norsvin 14.3.8. Zoetis 14.3.9. Envigo 14.3.10. Hendrix Genetics 14.3.11. Animal Genetics 14.3.12. vetGen 14.3.13.Genus PLC 14.3.14.Zoetis, Inc. 14.3.15.Alta Genetics, Inc. 14.3.16.Animal Genetics Inc. 14.3.17.Coöperatie Koninklijke CRV u.a. 14.3.18.Groupe Grimaud 14.3.19.Aviagen Group 14.3.20.Genetic Veterinary Sciences Inc. 15. Primary Key Insights