"Executive Summary Animal Genetics Market: Growth Trends and Share Breakdown

CAGR Value

The global animal genetics market size was valued at USD 7.11 billion in 2024 and is expected to reach USD 14.93 billion by 2032, at a CAGR of 9.70% during the forecast period

While preparing this professional and exhaustive Animal Genetics Market research report, customer requirement has been kept into focus. Market type, size of the organization, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are considered while generating this report. A team of industry experts, talented researchers, innovative forecasters and knowledgeable analysts work with full dedication to endow clients with the quality research. The universal Animal Genetics Market report also offers the details about the market drivers and market restraints for Animal Genetics Market industry that help in understanding rise or fall of the demand of particular product with respect to market conditions.

The information and analysis covered in the large scale Animal Genetics Market report brings into light the types of consumers, their preferences about the product, their buying intentions and their ideas for the step up of a product. Strategic aspects of the industry or market including product development and specification, technology, exploring niche growth opportunities, application modelling, and new geographical markets can be resolved with the huge information and data included in this market report. The high quality Animal Genetics Market report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization.

Get a full overview of market dynamics, forecasts, and trends.  Download the complete Animal Genetics Market report:  https://www.databridgemarketresearch.com/reports/global-animal-genetics-market

Animal Genetics Market Summary

**Segments**

- By Product
- Live Animals
- Genetic Material
- Embryos
- By Genetic Testing Services
- Genomic Testing
- DNA Testing
- Bioinformatics
- By Application
- Poultry
- Porcine
- Bovine
- Canine
- Others
- By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa

The global animal genetics market is segmented based on products, genetic testing services, applications, and geography. In terms of products, the market is categorized into live animals, genetic material, and embryos. Genetic testing services segment includes genomic testing, DNA testing, and bioinformatics. The market can also be segmented by application, covering poultry, porcine, bovine, canine, and others. Geographically, the market is divided into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

**Market Players**

- Zoetis
- Genus
- CRV Holding B.V.
- Topigs Norsvin
- Grimaud
- Groupe Grimaud
- Neogen Corporation
- Hendrix Genetics
- Alta Genetics
- Cobb-Vantress
- Envigo
- VetGen
- Santa Cruz Biotechnology
- Animal Genetics Inc.

Key players in the global animal genetics market include Zoetis, Genus, CRV Holding B.V., Topigs Norsvin, Grimaud, Groupe Grimaud, Neogen Corporation, Hendrix Genetics, Alta Genetics, Cobb-Vantress, Envigo, VetGen, Santa Cruz Biotechnology, and Animal Genetics Inc. These companies are actively involved in research and development activities to innovate and introduce new products and services in the market, enhancing their market position and competitiveness.

The global animal genetics market is witnessing significant growth due to various factors such as the increasing demand for quality animal products, rising adoption of advanced genetic technologies in animal breeding, and growing focus on enhancing livestock production efficiency. The market players mentioned earlier are key contributors to the market growth through their extensive research and development initiatives and strategic collaborations. These companies are continually investing in cutting-edge technologies and advanced genetic testing services to meet the evolving needs of the animal genetics industry.

One of the emerging trends in the animal genetics market is the increasing focus on genomics and DNA testing services. Genomic testing offers precise insights into genetic traits, helping breeders make informed decisions regarding animal selection and breeding strategies. Additionally, advancements in bioinformatics have revolutionized the way genetic data is analyzed, interpreted, and utilized in animal breeding programs. The incorporation of bioinformatics tools in genetic testing services has enhanced the accuracy and efficiency of genetic evaluations, thereby driving the adoption of these services in the market.

Moreover, the application of animal genetics is not limited to traditional livestock species such as poultry, porcine, and bovine. There is a growing emphasis on expanding genetic improvement programs to other species like canines and exotic animals. The increasing awareness among pet owners regarding the benefits of genetic testing for disease prevention, breed identification, and behavior analysis is propelling the demand for genetic services in the companion animal segment. This trend is further supported by the rising pet ownership rates globally, indicating a vast market opportunity for animal genetics companies to diversify their product offerings across different animal species.

From a geographic perspective, North America and Europe are key regions driving the growth of the animal genetics market, attributed to the presence of established players, advanced infrastructure, and high adoption of genetic technologies in animal breeding practices. However, the Asia-Pacific region is anticipated to witness substantial growth in the coming years due to the increasing demand for quality meat products, rapid urbanization, and changing consumer preferences towards high-protein diets. The Middle East and Africa region are also expected to offer lucrative opportunities for market expansion, driven by the rising investments in the livestock sector and the growing focus on sustainable agriculture practices.

In conclusion, the global animal genetics market is poised for significant growth and innovation driven by advancements in genetic technologies, expanding applications across diverse animal species, and the strategic efforts of key market players to enhance their market presence. With the increasing collaborations and partnerships among industry stakeholders, the market is likely to witness further developments in genetic testing services, product offerings, and geographical expansion, paving the way for a dynamic and competitive landscape in the animal genetics industry.The global animal genetics market is a highly dynamic and evolving sector driven by the increasing demand for quality animal products and the adoption of advanced genetic technologies in animal breeding practices. Key market players such as Zoetis, Genus, and Neogen Corporation are at the forefront of innovation, continuously investing in research and development activities to introduce new products and services that cater to the changing needs of the industry. These companies are focusing on enhancing livestock production efficiency, improving genetic traits, and offering precision breeding solutions through genomic testing, DNA testing, and bioinformatics services.

One of the notable trends reshaping the animal genetics market is the emphasis on genomics and DNA testing services. Genomic testing is revolutionizing animal breeding by providing breeders with detailed insights into the genetic makeup of animals, enabling them to make more informed decisions on breeding strategies and selection processes. The integration of bioinformatics tools in genetic testing services has further improved the accuracy and efficiency of genetic evaluations, driving the adoption of these services across different animal species.

Another significant aspect impacting the animal genetics market is the expanding application of genetic technologies beyond traditional livestock species to include companion animals such as canines and exotic animals. Pet owners are increasingly recognizing the benefits of genetic testing for disease prevention, breed identification, and behavior analysis, fueling the demand for genetic services in the companion animal segment. This shift towards personalized genetic services for pets is creating new opportunities for market players to diversify their product offerings and cater to the evolving needs of pet owners globally.

From a geographical perspective, North America and Europe remain key regions in driving market growth, given their advanced infrastructure, established market players, and high adoption of genetic technologies in animal breeding. However, the Asia-Pacific region is poised for substantial growth in the animal genetics market, driven by the increasing consumption of quality meat products, rapid urbanization, and changing dietary preferences towards high-protein diets. The Middle East and Africa region also present significant opportunities for market expansion, owing to the rising investments in the livestock sector and the growing focus on sustainable agriculture practices.

In conclusion, the global animal genetics market is experiencing rapid advancements and innovations, propelled by the collaboration and strategic efforts of key industry players. The market is witnessing a shift towards personalized genetic solutions, expanded applications across diverse animal species, and geographical expansion to tap into emerging markets. With the continued focus on research and development, technology integration, and market diversification, the animal genetics industry is set to witness dynamic growth and competitive dynamics in the coming years.

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Animal Genetics Market Research Questionnaire – 25 Sets of Analyst Questions

• How much is the Animal Genetics Market worth today?
• What is the expected growth rate during the forecast period?
• What segments are driving revenue in the Animal Genetics Market?
• Who are the key players shaping the Animal Genetics Market?
• Have there been any notable product launches in the past year?
• What nations are analyzed for Animal Genetics Market size and share?
• What region is witnessing the quickest expansion?
• Which country is projected to hold the top Animal Genetics Market position?
• Where is the concentration of Animal Genetics Market share highest?
• What external factors are influencing Animal Genetics Market performance?

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