Animal Genetics Market
Animal Genetics Market By Product Type (Live Animals, Genetic Materials, Genetic Testing) & By Region (North America, Latin America, Western Europe, Eastern Europe) - Global Market Insights 2022 - 2032
Analysis of Animal Genetics market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Animal Genetics Market Outlook (2022-2032)
The global animal genetics market is set to enjoy a valuation of US$ 6.3 Billion in 2022 and further expand at a CAGR of 6.2% to reach US$ 11.5 Billion by the end of 2032.
Animal genetics is a branch of genetics that studies several aspects of animal heredity, including appearance, breeding, and color. It is based on usual genetic principles, and essentially uses hybrid, cytological, population, ontogenetic, statistical, and twin methods of general genetics.
A hybrid analysis identifies inheritance patterns, physiology, and biochemical traits. Due to its large number of chromosomes, the animal has its own independent inheritance of characters. A major focus of research in this field is the relationship between these genes and the productivity, fertility, and viability of animals.
Resistance to parasitic, infectious, and fungal diseases is a growing concern. In addition to providing the raw material for both natural selection programs in consideration of varying conditions and human-managed genetic improvement programs, livestock populations also provide the raw material for development through genetic variation.
The goal of animal genetics is to create creatures with the most desirable characteristics. Strategic breeding can be used to select features for adaption to a certain condition or disease resistance in an animal.
A genetically modified cow may be able to produce more milk and be less susceptible to common cattle illnesses such as bovine respiratory disease complex, clostridial disease, and so on, thereby improving cattle raisers' total profit. As a result, this component of animal genetics has gained widespread recognition, which is expected to drive the animal genetics industry forward.
The industry is being driven by the increased use of sophisticated genetic technology and the increased application of animal welfare laws. Similarly, rising awareness of veterinary genetic illnesses and an increase in livestock animal population to address unmet demand for animal-derived proteins are fuelling the market. However, the animal genetics market's growth is hampered by strict rules involving animal genetic engineering, the high expense of animal testing, and a scarcity of experienced personnel.
With peaking technological advancements and acceptance of animal genetics, North America is expected to offer most opportunistic market over the assessment period holding a share of 33.1% market share in 2021.
Report Attributes |
Details |
|---|---|
|
Anticipated Base Year Value (2021) |
US$ 6 Billion |
|
Expected Market Value (2022) |
US$ 6.3 Billion |
|
Projected Forecast Value (2032) |
US$ 11.5 Billion |
|
Global Growth Rate (2022-2032) |
6.2% CAGR |
|
Expected Market Share of the North America Market (2032) |
33.1% |
|
Anticipated CAGR of East Asia (2022-2032) |
11.8% |
|
Major Animal genetics Service Providers |
|
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Sales Analysis of Animal Genetics (2017-2021) Vs. Market Forecast Outlook (2022-2032)
One of the cornerstones of livestock production is animal genetics. It covers a wide range of topics, including local, national, regional, and global behavior, from characterization and conservation to genetic improvement.
The adoption of innovative technology to treat animal diseases, rising meat consumption, soaring demand for high-quality proteins, and rising pet ownership and companion animal spending are driving the global market for animal genetics. Owing to the aforementioned factors the animal genetic market is poised to grow at a healthy compound annual growth rate of 6.2% in 2022-2032 forecasted years.
In the fight against animal sickness and suffering, the animal genetics sector is looking for alternate approaches. These include the use of reproductive indicators based on data and health, as well as research on ground-breaking technologies like gene editing and immunogenetics.
The food & agricultural sector is linked to recent advances in synthetic biology, metabolic engineering, and genome editing as well as numerous livestock sequencing initiatives. As a result, the market for animal genetics is seeing profitable potential due to the development of mammalian synthetic biology or the use of designed nucleases as molecular scissors to edit an organism's genome.
- Short Term (2022 Q2 to 2025): The market in the forecasted period is predicted to raise as a result of growth in agricultural and food industry which demands domestication for more livestock animals.
- Medium Term (2025-2028): Increase in per capita disposable income and increase prevalence of animal-based food products in the under developed regions such as East Asia will positively lift the market for animal genetics.
- Long Term (2028-2032): Animal genetics demand is forecasted to rise globally due to the various technological advancements such as gene editing and molecule based genetics. The global animal genetics market is predicted to grow at a healthy Y-o-Y of 6.3% over 2031 to 2032.
Over the 2017-2021 historical period, the global animal genetics market registered a CAGR of 6.1% and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at of 6.2% CAGR between 2022 and 2032.
Market share analysis of animal genetics based on product type and region is provided in a nutshell in the above image. Under the product type segment, the live animals sub-segment will dominate with 49.9% market share in 2022.
Which are Some Prominent Drivers of Animal Genetics?
“Increased Demand for Animal Proteins and High Quality Meat to Supplement the Live Animals Segment.”
With an increased active healthcare concerned population the demand for animal based protein and dietary supplements in the market has increased. Animal protein that is safe and of good quality must be produced at a reasonable cost.
Natural resource depletion, increased emphasis on food safety, and increased demand for better nutrition (particularly animal protein) are all influencing the utility of cattle therapies and diagnostics. This is predicted to increase global demand for high-quality proteins.
In 2021, the live animals sector accounted for a considerable proportion of US$ 2.9 Billion in the global market. From 2022 to 2032, the segment is anticipated to expand at a significant pace with 6.2% CAGR. The segment is projected to be driven in the near future by steep rises in demand and consumption of animal products, as well as rapid development in urban population around the world.
“Technological Modulations to Drive the Animal Genetics Market”.
Due to their various superior efficiency over semen, embryos have proven crucial in the genetic modification of living animals. Several livestock farmers have also seen an increase in the reproductive rate of bovine animals, which has an indirect impact on their profitability.
Furthermore, an embryo has a cheap import cost on the scale of genetic materials, which improves its predilection for genetic modification processes. Embryo remains a dominant genetic material due to superior outcomes and economic benefits, with the sub-segment expected to grow at a CAGR of 7% during the projection period.
With a growing emphasis on hygiene in animal shelters, this technology decreases the possibility of disease transfer during animal mating, which will ultimately be improving cattle quality.
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What are the Challenges Faced by the Animal Genetics Market?
“Possibility of Dynamic Instability in Particular Situations.”
The negative impacts of animal genetic abuse have also been more widely known as genetic modification in animals which has become more and more common. Each animal genetics technique has its own advantages and restrictions.
Utilizing artificial insemination procedures excessively to boost animal populations runs the risk of producing genetically faulty offspring, which will raise the animals' mortality rate. Governmental and animal welfare authorities' strict regulatory requirements may limit market expansion.
The manufacturer's revenue may also be hampered by high setup expenses and drawn-out research and development of new items.
Comparative View of Animal Genetics Markets
Animal Genetics Market :
|
Attributes |
Animal Genetics Market |
|
CAGR (2022-2032) |
6.2% |
|
Market Value (2032) |
US$ 11.5 Billion |
|
Growth Factor |
Increasing growth of the livestock industry is bolstering the demand for animal genetics. |
|
Opportunity |
Technological advancements and research activities for modifying animal genetics across the globe is creating lucrative opportunities for animal genetics market. |
Animal Probiotics Market :
|
Attributes |
Animal Probiotics Market |
|
CAGR (2022-2032) |
7.1% |
|
Market Value (2032) |
US$ 7.47 Billion |
|
Growth Factor |
Animal probiotics are increasingly popular as an effective alternative to antibiotics. The animal probiotics market is projected to grow in the forecast period owing to an increase in the demand for quality animal products is creating lucrative opportunities for animal probiotics market. |
|
Opportunity |
Awareness among consumers about prevention in wellness and nutrition. Increasing research and development for the launch of new and effective animal probiotic is fueling the growth of animal probiotic. |
Animal Feed Probiotics Market :
|
Attributes |
Animal Feed Probiotics Market |
|
CAGR (2022-2032) |
9.1% |
|
Market Value (2032) |
US$ 12 Billion |
|
Growth Factor |
Increasing demand for animal products such as meat, dairy, and other non-food items has led to higher demand for animal feed probiotics, bolstering the global market growth. |
|
Opportunity |
The rising need for alternative control and management methods has raised the demand for eco-friendly treatments to prevent antibiotic-resistant illnesses in animals, boosting the demand for probiotics. |
Country-wise Insights
Will the Progression of Animal Healthcare Sector in the U.S. Drive High Demand for Animal Genetics?
Cutting- edge genetic technology shaping the landscape for animal genetics market in U.S.
Due to growing government initiatives, increased acceptance of cutting-edge genetic technology, and high consumption of animal-derived proteins, North America maintains a significant portion of the global market for animal genetics. The development of better breeding practices that result in animals that are strong, healthy, and able to utilize nutrients for effective growth and reproduction are the main factors driving the market's expansion in the region.
Additionally, the prevalence of infectious diseases among animals is predicted to rise, particularly among poultry and pigs, which will increase the demand for high-quality breeds by requiring sophisticated biotechnology methods.
Cattle stocks in the United States totaled 91,800 thousand in 2021 and 93,595 thousand in 2020, according to the United States Department of Agriculture's (USDA) Livestock and Poultry: World Markets and Trade, 2022 report. Thus, it is anticipated that the country's strong cattle production will benefit the market under investigation.
The development of cutting-edge technologies for animal genetic testing and raised awareness of animal welfare are also contributing to the market growth in this area. Thus, owing to the above mentioned trends and facts the North America animal genetics market is estimated to grow by UD$ 3.5 Billion in forecasted period 2022-2032.
Is Demand for High-Quality Livestock Influencing the Market for Animal Genetics Market in East Asia?
Innovation in the field of animal genetics creating lucrative opportunities for East Asia market
The East Asia animal genetics market is predicted to increase exponentially due to multiple micro- and macroeconomic factors. Urban sprawl and high population density are two macroeconomic factors that put constant pressure on food producers to raise livestock production rates to keep up with demand for food.
The animal healthcare ecosystem, on the other hand, has been steadily improving, which is creating chances for participants in the animal genetics market to create efficient animal testing protocols.
The demand for high-quality livestock is growing as a result of this region's significant influence in the food industry and the fact that innovation is the essential tactic for surviving in the hostile market. East Asia is regarded as a "goldilocks" zone for investment and geographic expansion because of these factors.
Under such a scenario, East Asia offers lucrative market for new entrants as well. Since the animal genetics industry is a major source of revenue for the local market, the high technological skills of firms operating in this region are luring numerous license agreements from other significant players.
Country-wise Forecast CAGRs for the Animal Genetics Industry
| Country | CAGR |
|
U.S. |
5% |
|
Canada |
4% |
|
China |
4% |
Category-wise Insights
Is Affordability and Low Frequency of Food-Related Illnesses Contributing to Growth of Live Animals Segment?
Minimal land requirements and animal upkeep bolstering demand for animal genetics
Increased demand of meat is a crucial factor fueling the live animal industry's expansion. The primary drivers of genetic research in the poultry sector are affordability and the low frequency of food-related illness outbreaks. White meat consumption in Europe has increased as a result of increased government initiatives to lessen environmental effects and raise awareness.
This change is anticipated to open up new possibilities for animal genetics to increase white meat output in order to satisfy the rising demand. The market is also anticipated to expand as a result of environmental variables including relatively low land needs and minimal animal upkeep requirements. Thus, by product type, live animals are expected to possess more than 50% market share for animal genetics market.
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Start-Ups in the Animal Genetics Market
Key players in the animal genetics market are Breed XY, Haystack, RenoOVate Biosciences, Phase Genomics and Danish Genetics
- Haystack, a Canadian start up, is focusing on offering a database of genetic information regarding livestock through its mobile app. Through this, users can acquire information regarding semen code or registration number.
- Danish Genetics, another key start up is focusing on specializing in breeding pigs. In addition, the company collects ear tissues to determine DNA of pigs.
Market Competition
Esteemed animal genetics players are Zoetis, Inc., Genus plc, Neogen Corporation, CRV Holding B.V., Groupe Grimaud, Topigs Norsvin, VetGen, Animal Genetics Inc., Hendrix Genetics BV.
The leading players of animal genetics throughout the world are using sustainable technique and refining strategies for a range of end customers. Additionally, the leaders’ main marketing plan is based on their professionalism and aptitude for planning, developing, and delivering the best solutions. Providers in the market also want to expand geographically into emerging and moderate nations to sell their products.
The market for animal genetics is fragmented worldwide, with a large number of firms holding the parts of the market share. The main strategies used by major players are product portfolio expansion, mergers, and acquisitions.
- The National Institute of Food and Agriculture (NIFA) committed USD 5 Billion in January 2022 to genetically improve livestock production nationwide.
- ABS Global established a cooperation with Bair Ranch in January 2021 in an effort to show the possible effects of the cow-calf management system for the use of sex-skewed semen and terminal genetics.
Key Segments Profiled in the Animal Genetics Industry Survey
-
By Product Type :
- Live Animals
- Bovine
- Porcine
- Poultry
- Canine
- Piscine
- Others
- Genetic Material
- Semen
- Embryo
- Others
- Genetic Testing
- Live Animals
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
Table of Content
1. Animal Genetics Market - Executive Summary 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Background and Foundation Data 3.1. Global Veterinary Drug Market Outlook 3.2. Animal Genetics Market Outlook 3.3. Perforation of Animal Genetics in Veterinary Sciences 3.4. Assessment of Different Animal Genetics and Stretch of enhancement 3.5. Animal Genetics Product Type Analysis 3.5.1. By Region 3.5.2. By Key companies 3.6. Growth & Development Pattern in Animal Genetics Market 3.7. Animal Genetics Opportunity Assessment 3.7.1. Total Available Market (US$ Million) 3.7.2. Serviceable Addressable Market (US$ Million) 3.7.3. Serviceable Obtainable Market (US$ Million) 3.8. Market White Space Assessment 3.9. Market Dynamics 3.9.1. Market Growth Drivers 3.9.2. Market Restraints 3.9.3. Market Opportunity 3.9.4. Market Trends 3.10. Forecast and Macro-Economic Factors – Relevance and Impact 3.11. PESTLE Analysis 3.12. Porter’s Five Force Analysis 3.13. Investment Feasibility Analysis 3.14. Key Success Factors 4. Global Animal Genetics Market - Pricing Analysis 4.1. Product Type and Country-Level Pricing Analysis 4.2. Global Average Pricing Analysis Benchmark 4.3. Factors Influencing Pricing 5. Global Animal Genetics Market Value (US$ Million) Analysis and Forecast 5.1. Historical Market Value (US$ Million) Analysis, 2017-2021 5.2. Current and Future Market Value (US$ Million) Projections, 2022-2032 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Animal Genetics Market Analysis and Forecast, By Product Type 6.1. Introduction / Key Findings 6.2. Historical Market Size (US$ Million) Analysis By Product Type, 2017-2021 6.3. Current and Future Market Size (US$ Million) Analysis, Forecast By Product Type, 2022-2032 6.3.1. Live Animals 6.3.1.1. Bovine 6.3.1.2. Porcine 6.3.1.3. Poultry 6.3.1.4. Canine 6.3.1.5. Piscine 6.3.1.6. Others 6.3.2. Genetic Material 6.3.2.1. Semen 6.3.2.2. Embryo 6.3.2.3. Others 6.3.3. Genetic Testing 6.4. Market Attractiveness Analysis By Product Type 6.5. Market Attractiveness Analysis By Product Type 7. Global Animal Genetics Market Analysis and Forecast, By Region 7.1. Introduction 7.2. Historical Market Size (US$ Million) Analysis By Region, 2017-2021 7.3. Current Market Size (US$ Million) Analysis Forecast By Region, 2022-2032 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. East Asia 7.3.5. South Asia & ASEAN 7.3.6. Oceania 7.3.7. Middle East & Africa 7.4. Market Attractiveness Analysis By Region 8. North America Animal Genetics Market Analysis and Forecast 8.1. Introduction / Key Findings 8.2. Pricing Analysis 8.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2017-2021 8.4. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 - 2032 8.4.1. By Country 8.4.1.1. U.S. 8.4.1.2. Canada 8.4.2. By Product Type 8.5. Market Attractiveness Analysis 8.5.1. By Country 8.5.2. By Product Type 9. Latin America Animal Genetics Market Analysis and Forecast 9.1. Introduction / Key Findings 9.2. Pricing Analysis 9.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2017-2021 9.4. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 - 2032 9.4.1. By Country 9.4.1.1. Brazil 9.4.1.2. Mexico 9.4.1.3. Argentina 9.4.1.4. Rest of Latin America 9.4.2. By Product Type 9.5. Market Attractiveness Analysis 9.5.1. By Country 9.5.2. By Product Type 10. Europe Animal Genetics Market Analysis and Forecast 10.1. Introduction / Key Findings 10.2. Pricing Analysis 10.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2017-2021 10.4. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 - 2032 10.4.1. By Country 10.4.1.1. Germany 10.4.1.2. France 10.4.1.3. Italy 10.4.1.4. Spain 10.4.1.5. U.K. 10.4.1.6. BENELUX 10.4.1.7. Russia 10.4.1.8. Rest of Europe 10.4.2. By Product Type 10.5. Market Attractiveness Analysis 10.5.1. By Country 10.5.2. By Product Type 11. East Asia Animal Genetics Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Pricing Analysis 11.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2017-2021 11.4. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 - 2032 11.4.1. By Country 11.4.1.1. China 11.4.1.2. Japan 11.4.1.3. South Korea 11.4.2. By Product Type 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Product Type 12. South Asia & ASEAN Animal Genetics Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Pricing Analysis 12.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2017-2021 12.4. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 - 2032 12.4.1. By Country 12.4.1.1. India 12.4.1.2. Thailand 12.4.1.3. Indonesia 12.4.1.4. Malaysia 12.4.1.5. Rest of South Asia & ASEAN 12.4.2. By Product Type 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Product Type 13. Oceania Animal Genetics Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2017-2021 13.4. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 - 2032 13.4.1. By Country 13.4.1.1. Australia 13.4.1.2. New Zealand 13.4.2. By Product Type 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Product Type 14. Middle East & Africa Animal Genetics Market Analysis and Forecast 14.1. Introduction / Key Findings 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2017-2021 14.4. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 - 2032 14.4.1. By Country 14.4.1.1. GCC Countries 14.4.1.2. South Africa 14.4.1.3. Northern Africa 14.4.1.4. Turkey 14.4.1.5. Rest of Middle East & Africa 14.4.2. By Product Type 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Product Type 15. Country-level Animal Genetics Market Analysis and Forecast 15.1. Introduction / Key Findings 15.1.1. Market Value Proportion Analysis, By Key Countries 15.1.2. Global Vs. Country Growth Comparison 15.2. US Animal Genetics Market Analysis 15.2.1. Value Proportion Analysis by Market Taxonomy 15.2.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.2.2.1. By Product Type 15.3. Canada Animal Genetics Market Analysis 15.3.1. Value Proportion Analysis by Market Taxonomy 15.3.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.3.2.1. By Product Type 15.4. Brazil Animal Genetics Market Analysis 15.4.1. Value Proportion Analysis by Market Taxonomy 15.4.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.4.2.1. By Product Type 15.5. Mexico Animal Genetics Market Analysis 15.5.1. Value Proportion Analysis by Market Taxonomy 15.5.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.5.2.1. By Product Type 15.6. Argentina Animal Genetics Market Analysis 15.6.1. Value Proportion Analysis by Market Taxonomy 15.6.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.6.2.1. By Product Type 15.7. Germany Animal Genetics Market Analysis 15.7.1. Value Proportion Analysis by Market Taxonomy 15.7.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.7.2.1. By Product Type 15.8. France Animal Genetics Market Analysis 15.8.1. Value Proportion Analysis by Market Taxonomy 15.8.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.8.2.1. By Product Type 15.9. Italy Animal Genetics Market Analysis 15.9.1. Value Proportion Analysis by Market Taxonomy 15.9.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.9.2.1. By Product Type 15.10. Spain Animal Genetics Market Analysis 15.10.1. Value Proportion Analysis by Market Taxonomy 15.10.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.10.2.1. By Product Type 15.11. BENELUX Animal Genetics Market Analysis 15.11.1. Value Proportion Analysis by Market Taxonomy 15.11.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.11.2.1. By Product Type 15.12. Russia Animal Genetics Market Analysis 15.12.1. Value Proportion Analysis by Market Taxonomy 15.12.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.12.2.1. By Product Type 15.13. U.K. Animal Genetics Market Analysis 15.13.1. Value Proportion Analysis by Market Taxonomy 15.13.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.13.2.1. By Product Type 15.14. China Animal Genetics Market Analysis 15.14.1. Value Proportion Analysis by Market Taxonomy 15.14.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.14.2.1. By Product Type 15.15. Japan Animal Genetics Market Analysis 15.15.1. Value Proportion Analysis by Market Taxonomy 15.15.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.15.2.1. By Product Type 15.16. South Korea Animal Genetics Market Analysis 15.16.1. Value Proportion Analysis by Market Taxonomy 15.16.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.16.2.1. By Product Type 15.17. India Animal Genetics Market Analysis 15.17.1. Value Proportion Analysis by Market Taxonomy 15.17.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.17.2.1. By Product Type 15.18. ASEAN Countries Animal Genetics Market Analysis 15.18.1. Value Proportion Analysis by Market Taxonomy 15.18.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.18.2.1. By Product Type 15.19. Australia Animal Genetics Market Analysis 15.19.1. Value Proportion Analysis by Market Taxonomy 15.19.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.19.2.1. By Product Type 15.20. New Zealand Animal Genetics Market Analysis 15.20.1. Value Proportion Analysis by Market Taxonomy 15.20.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.20.2.1. By Product Type 15.21. GCC Countries Animal Genetics Market Analysis 15.21.1. Value Proportion Analysis by Market Taxonomy 15.21.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.21.2.1. By Product Type 15.22. Turkey Animal Genetics Market Analysis 15.22.1. Value Proportion Analysis by Market Taxonomy 15.22.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.22.2.1. By Product Type 15.23. Northern Africa Animal Genetics Market Analysis 15.23.1. Value Proportion Analysis by Market Taxonomy 15.23.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.23.2.1. By Product Type 15.24. South Africa Animal Genetics Market Analysis 15.24.1. Value Proportion Analysis by Market Taxonomy 15.24.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.24.2.1. By Product Type 15.25. Rest of Middle East and Africa Animal Genetics Market Analysis 15.25.1. Value Proportion Analysis by Market Taxonomy 15.25.2. Value (US$ Million) Analysis and Forecast by Market Taxonomy, 2017-2032 15.25.2.1. By Product Type 16. Animal Genetics Market Structure Analysis 16.1. Market Analysis by Tier of Companies 16.2. Market Concentration of Players 16.3. Market Share Analysis of Top Players 16.4. Market Presence Analysis 17. Animal Genetics Market Competition Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking of Product Types 17.3. Competition Deep Dive: Animal Genetics 17.3.1. Zoetis, Inc. 17.3.1.1. Overview 17.3.1.2. Product Type Portfolio 17.3.1.3. Key Financials 17.3.1.4. Sales Footprint 17.3.1.5. SWOT Analysis 17.3.1.6. Key Developments 17.3.1.7. Strategy Overview 17.3.2. Genus plc 17.3.2.1. Overview 17.3.2.2. Product Type Portfolio 17.3.2.3. Key Financials 17.3.2.4. Sales Footprint 17.3.2.5. SWOT Analysis 17.3.2.6. Key Developments 17.3.2.7. Strategy Overview 17.3.3. Neogen Corporation 17.3.3.1. Overview 17.3.3.2. Product Type Portfolio 17.3.3.3. Key Financials 17.3.3.4. Sales Footprint 17.3.3.5. SWOT Analysis 17.3.3.6. Key Developments 17.3.3.7. Strategy Overview 17.3.4. CRV Holding B.V. 17.3.4.1. Overview 17.3.4.2. Product Type Portfolio 17.3.4.3. Key Financials 17.3.4.4. Sales Footprint 17.3.4.5. SWOT Analysis 17.3.4.6. Key Developments 17.3.4.7. Strategy Overview 17.3.5. Groupe Grimaud 17.3.5.1. Overview 17.3.5.2. Product Type Portfolio 17.3.5.3. Key Financials 17.3.5.4. Sales Footprint 17.3.5.5. SWOT Analysis 17.3.5.6. Key Developments 17.3.5.7. Strategy Overview 17.3.6. Topigs Norsvin 17.3.6.1. Overview 17.3.6.2. Product Type Portfolio 17.3.6.3. Key Financials 17.3.6.4. Sales Footprint 17.3.6.5. SWOT Analysis 17.3.6.6. Key Developments 17.3.6.7. Strategy Overview 17.3.7. VetGen 17.3.7.1. Overview 17.3.7.2. Product Type Portfolio 17.3.7.3. Key Financials 17.3.7.4. Sales Footprint 17.3.7.5. SWOT Analysis 17.3.7.6. Key Developments 17.3.7.7. Strategy Overview 17.3.8. Animal Genetics Inc. 17.3.8.1. Overview 17.3.8.2. Product Type Portfolio 17.3.8.3. Key Financials 17.3.8.4. Sales Footprint 17.3.8.5. SWOT Analysis 17.3.8.6. Key Developments 17.3.8.7. Strategy Overview 17.3.9. Hendrix Genetics BV 17.3.9.1. Overview 17.3.9.2. Product Type Portfolio 17.3.9.3. Key Financials 17.3.9.4. Sales Footprint 17.3.9.5. SWOT Analysis 17.3.9.6. Key Developments 17.3.9.7. Strategy Overview 18. Assumptions & Acronyms Used 19. Research Methodology
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List Of Table
Table 01: Global Animal Genetics Market Value (USD Million) and Forecast by Region, 2017-2021
Table 02: Global Animal Genetics Market Value (USD Million) and Forecast by Region, 2022-2032
Table 03: Global Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 04: Global Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
Table 05: North America Animal Genetics Market Value (USD Million) and Forecast by Country, 2017-2021
Table 06: North America Animal Genetics Market Value (USD Million) and Forecast by Country, 2022-2032
Table 07: North America Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 08: North America Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
Table 09: Latin America Animal Genetics Market Value (USD Million) and Forecast by Country, 2017-2021
Table 10: Latin America Animal Genetics Market Value (USD Million) and Forecast by Country, 2022-2032
Table 11: Latin America Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 12: Latin America Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
Table 13: Europe Animal Genetics Market Value (USD Million) and Forecast by Country, 2017-2021
Table 14: Europe Animal Genetics Market Value (USD Million) and Forecast by Country, 2022-2032
Table 15: Europe Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 16: Europe Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
Table 17: East Asia Animal Genetics Market Value (USD Million) and Forecast by Country, 2017-2021
Table 18: East Asia Animal Genetics Market Value (USD Million) and Forecast by Country, 2022-2032
Table 19: East Asia Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 20: East Asia Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
Table 21: South Asia & ASEAN Animal Genetics Market Value (USD Million) and Forecast by Country, 2017-2021
Table 22: South Asia & ASEAN Animal Genetics Market Value (USD Million) and Forecast by Country, 2022-2032
Table 23: South Asia & ASEAN Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 24: South Asia & ASEAN Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
Table 25: Oceania Animal Genetics Market Value (USD Million) and Forecast by Country, 2017-2021
Table 26: Oceania Animal Genetics Market Value (USD Million) and Forecast by Country, 2022-2032
Table 27: Oceania Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 28: Oceania Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
Table 29: MEA Animal Genetics Market Value (USD Million) and Forecast by Country, 2017-2021
Table 30: MEA Animal Genetics Market Value (USD Million) and Forecast by Country, 2022-2032
Table 31: MEA Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2017-2021
Table 32: MEA Animal Genetics Market Value (USD Million) and Forecast by Product Type, 2022-2032
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List Of Figures
Figure 01: Global Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 02: Global Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 03: Global Animal Genetics Market Value (USD Million) by Region, 2022 & 2032
Figure 04: Global Animal Genetics Market Y-o-Y Growth Rate by Region, 2022-2032
Figure 05: Global Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 06: Global Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 07: North America Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 08: North America Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 09: North America Animal Genetics Market Value (USD Million) by Country, 2022 & 2032
Figure 10: North America Animal Genetics Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 11: North America Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 12: North America Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 13: North America Animal Genetics Market Attractiveness Analysis by Country, 2022-2032
Figure 14: North America Animal Genetics Market Attractiveness Analysis by Product Type, 2022-2032
Figure 15: Latin America Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 16: Latin America Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 17: Latin America Animal Genetics Market Value (USD Million) by Country, 2022 & 2032
Figure 18: Latin America Animal Genetics Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 19: Latin America Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 20: Latin America Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 21: Latin America Animal Genetics Market Attractiveness Analysis by Country, 2022-2032
Figure 22: Latin America Animal Genetics Market Attractiveness Analysis by Product Type, 2022-2032
Figure 23: Europe Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 24: Europe Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 25: Europe Animal Genetics Market Value (USD Million) by Country, 2022 & 2032
Figure 26: Europe Animal Genetics Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 27: Europe Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 28: Europe Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 29: Europe Animal Genetics Market Attractiveness Analysis by Country, 2022-2032
Figure 30: Europe Animal Genetics Market Attractiveness Analysis by Product Type, 2022-2032
Figure 31: East Asia Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 32: East Asia Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 33: East Asia Animal Genetics Market Value (USD Million) by Country, 2022 & 2032
Figure 34: East Asia Animal Genetics Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 35: East Asia Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 36: East Asia Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 37: East Asia Animal Genetics Market Attractiveness Analysis by Country, 2022-2032
Figure 38: East Asia Animal Genetics Market Attractiveness Analysis by Product Type, 2022-2032
Figure 39: South Asia & ASEAN Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 40: South Asia & ASEAN Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 41: South Asia & ASEAN Animal Genetics Market Value (USD Million) by Country, 2022 & 2032
Figure 42: South Asia & ASEAN Animal Genetics Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 43: South Asia & ASEAN Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 44: South Asia & ASEAN Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 45: South Asia & ASEAN Animal Genetics Market Attractiveness Analysis by Country, 2022-2032
Figure 46: South Asia & ASEAN Animal Genetics Market Attractiveness Analysis by Product Type, 2022-2032
Figure 47: Oceania Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 48: Oceania Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 49: Oceania Animal Genetics Market Value (USD Million) by Country, 2022 & 2032
Figure 50: Oceania Animal Genetics Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 51: Oceania Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 52: Oceania Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 53: Oceania Animal Genetics Market Attractiveness Analysis by Country, 2022-2032
Figure 54: Oceania Animal Genetics Market Attractiveness Analysis by Product Type, 2022-2032
Figure 55: MEA Animal Genetics Market Value (USD Million) Forecast, 2022-2032
Figure 56: MEA Animal Genetics Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 57: MEA Animal Genetics Market Value (USD Million) by Country, 2022 & 2032
Figure 58: MEA Animal Genetics Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 59: MEA Animal Genetics Market Value (USD Million) by Product Type, 2022 & 2032
Figure 60: MEA Animal Genetics Market Y-o-Y Growth Rate by Product Type, 2022-2032
Figure 61: MEA Animal Genetics Market Attractiveness Analysis by Country, 2022-2032
Figure 62: MEA Animal Genetics Market Attractiveness Analysis by Product Type, 2022-2032
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- FAQs -
What was the market worth for animal genetics in 2021?
As of 2021, the animal genetics market was worth US$ 6 Billion.
At what value is the animal genetics industry likely to close by 2022?
Fact.MR foresees animal genetics demand to reach US$ 6.3 Billion in 2022.
At what percentage will the market for animal genetics rise until 2032?
From 2022-2032, Fact.MR expects animal genetics revenue to flourish at a 6.2% CAGR.
What is the expected market value for animal genetics in 2032?
In 2032, animal genetics market worth is poised to reach US$ 11.5 Billion.
How do growth prospects for animal genetics appear in the North America?
North America is expected to possess 33.4% market share for animal genetics market.
How do growth prospects for animal genetics appear in the East Asia?
East Asia is expected to register a 11.8% CAGR for animal genetics market.
What are the growth prospects for U.S., Canada and China?
U.S., Canada and China will flourish at a CAGR of 13% combined until 2032.
Which type of product is expected to hold the maximum share for animal genetics market?
Live animals are expected to possess more than 50% market share for animal genetics market.
Animal Genetics Market