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Overview

Animal Genetics Market Overview:

According to Futurewise analysis the market for animal genetics was US$ 5,646.97 million in 2022, and is projected to expand at a CAGR of 6.7% over the forecast period of 2023-2031.

Animal heredity and genetic variants are studied in the branch of animal genetics. The focus on cattle genetics and breeding to increase farm animal production is one of the most essential areas of livestock development. A large variety of goods and services, including meat, eggs, milk, and fibre, are provided to humans by the livestock population. The number of initiatives and studies on animal genetics has rapidly increased to find superior disease-resistant breeds and address the rising frequency of various animal diseases. Understanding animal characterization, mutation, and genetic, improvement is made more accessible by genetic characteristic testing, genetic illness testing, and DNA typing.

Developing animals with the most desirable traits is the aim of animal genetics. Strategic breeding can be used to choose traits that will help an animal withstand sickness or adapt to a certain circumstance. A genetically altered cow may be able to produce more milk and be less vulnerable to common cattle diseases like clostridial disease and bovine respiratory disease complex. Further, increasing the overall profit of cattle farmers. Because of the broad acceptance of this aspect of animal genetics, the field of animal genetics is predicted to advance.

FutureWise Market Research has published a report that provides an insightful analysis of Animal Genetics Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Animal Genetics Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

Major players included in the Animal Genetics Market:

Genus
Neogen Corporation
Animal Genetics
Urus
EW Group GmbH
Groupe Grimaud
CRV Holding
Topigs Norsvin
Zoetis
Envigo

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in Animal Genetics Market:

In order to develop a research and trial farm in Finland, HKScan, Topigs Norsvin, and the Royal Agrifirm Group joined together in March 2022. The agreement states that collaboration led to best practises in pork production for future demand.
The National Institute of Food and Agriculture (NIFA) invested USD 5 million in January 2022 to genetically enhance the output of livestock in the United States.

Global demand for high-quality animal-based goods is one of the main drivers of an upsurge in animal genetic testing. During the forecast period, factors such as the rapid development of animal genetics, the widespread use of artificial insemination methods, the consumption of animal proteins and quick demand, growth in the urban population, and the rising desire for more livestock to meet rising protein demand are anticipated to drive market expansion. Additional factors expected to support market revenue growth in the future include:

Increased investments in R&D activities.
Rising funding for animal genetics research.
A strong focus on creating healthier food and animal products.

The use of innovative genetic technologies and animal welfare legislation drives this industry. The industry is also further fuelled by rising veterinary congenital disease knowledge and a rise in livestock animal populations to satisfy unmet protein demand. However, there are some significant constraints that are anticipated to restrain overall market growth to a certain extent over the projected period, including a dearth of highly qualified veterinary researchers, the high cost of animal testing, individuals preferring lab-grown meat, and strict regulatory standards for animal genetic engineering.

Animal Genetics Market Segmentation:

By Product and Services:

Animal genetic products
Live animals
- Poultry
- Porcine
- Bovine
- Canine
- Other Live Animals
Genetic materials
- Semen
  - Bovine Semen
  - Porcine Semen
  - Equine Semen
  - Canine Semen
  - Other Animal Semen
Embryos
- Bovine Embryos
- Equine Embryos
- Other Animal Embryos
Animal genetic testing service
- Genetic Disease Tests
- Genetic Trait Tests
- DNA Typing
- Other Genetic Services

By Species

Porcine
Bovine
Canine
Ovine
Caprine
Others

By Region

Europe
North America
Asia Pacific
Latin America
Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. Based on product type & services; animal genetic products holds majority share in global market in 2022 with 73.3%. North America registered highest share in the market in 2022. Due to growing government efforts, greater acceptance of advanced genetic technology, and high consumption of animal-derived proteins, North America occupies a sizable portion of the global market for animal genetics. The region's better breeding practises that result in animals that are strong, healthy, and able to use nutrients for effective development and reproduction are the main factors driving the market's expansion. The development of innovative methods for animal genetic testing as well as rising awareness for animal welfare are also contributing to the market growth in North America.

Animal Genetics Market Sample Video:

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Key Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the animal genetics market By Product and Services, By Species and By Region.
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe, Latin America, Middle East and Africa.
To record evaluate and competitive landscape mapping-product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Flexible Delivery Model:

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1. Market Introduction
- 1. Objectives of the Study
  2. Market Definition
  3. Market Scope
  3.1. Years Considered for the Study
  3.2. Market Covered
  4. Currency
  5. Limitations
  6. Stakeholders
2. Research Methodology
- 1. Research Data
  1.1. Secondary Data
  1.1.1. Key Data from Secondary Sources
  1.2. Primary Data
  1.2.1. Key Data from Primary Sources
  2. Market Size Estimation
  3. Market Breakdown and Data Triangulation
  4. Assumptions for the Study
3. Executive Summary
- 1. Market Outlook
  2. Segment Outlook
  3. Competitive Insights
4. Animal Genetics Market Variables, Trends and Scope
- 1. Market Lineage Outlook
  2. Penetration and Growth Prospect Mapping
  3. Industry Value Chain Analysis
  4. Cost Analysis Breakdown
  5. Type Overview
  6. Regulatory Framework
  6.1. Reimbursement Framework
  6.2. Standards and Compliances
5. Market Overview
- 1. Market Dynamics
  1.1. Market Driver Analysis
  1.1.1. Increasing focus of Animal Genetics Market Companies on Brand Protection
  1.1.2. Untapped Opportunities in Emerging Regions
  1.2. Market Restraint Analysis
  1.2.1. High Cost Associated with Implementation of Predictive Analysis
  1.3. Industry Challenges
  1.3.1. Presence of Ambiguous Regulatory Framework
6. Animal Genetics Market Analysis Tools
- 1. Industry Analysis - Porter’s
  1.1. Supplier Power
  1.2. Buyer Power
  1.3. Substitution Threat
  1.4. Threat from New Entrants
  1.5. Competitive Rivalry
  2. Pestel Analysis
  2.1. Political Landscape
  2.2. Environmental Landscape
  2.3. Social Landscape
  2.4. Type Landscape
  2.5. Legal Landscape
  3. Major Deals And Strategic Alliances Analysis
  3.1. Joint Ventures
  3.2. Mergers and Acquisitions
  3.3. Licensing and Partnership
  3.4. Type Collaborations
  3.5. Strategic Divestments
  4. Market Entry Strategies
  5. Case Studies
7. Animal Genetics Market, By Product and Services Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Animal genetic products
  2. Live animals
  2.1. Poultry
  2.2. Porcine
  2.3. Bovine
  2.4. Canine
  2.5. Other Live Animals
  3. Genetic materials
  3.1 . Semen
  3.1.1 . Bovine Semen
  3.1.2 . Porcine Semen
  3.1.3 . Equine Semen
  3.1.4 . Canine Semen
  3.1.5 . Other Animal Semen
  3.2 . Embryos
  3.2.1 . Bovine Embryos
  3.2.2 . Equine Embryos
  3.2.3 . Other Animal Embryos
  4. Animal genetic testing services
  4.1. Genetic Disease Tests
  4.2. Genetic Trait Tests
  4.3. DNA Typing
  4.4. Other Genetic Services
8. Animal Genetics Market, By Species Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Porcine
  2. Bovine
  3. Canine
  4. Ovine
  5. Caprine
  6. Others
9. North America Animal Genetics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. U.S.A
  2.2. Canada
  2.3. Mexico
  3. Market Size (USD Million) Forecast for North America 2023-2031
10. Latin America Animal Genetics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Brazil
  2.2. Venezuela
  2.3. Argentina
  2.4. Rest of Latin America
  3. Market Size (USD Million) Forecast for Latin America 2023-2031
11. Europe Animal Genetics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Germany
  2.2. U.K
  2.3. France
  2.4. Italy
  2.5. Spain
  2.6. Russia
  2.7. Poland
  2.8. Rest of Europe
  3. Market Size (USD Million) Forecast for Europe 2023-2031
12. Asia Pacific Animal Genetics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Japan
  2.2. China
  2.3. India
  2.4. Australia and New Zealand
  2.5. ASEAN
  2.6. Rest of Asia Pacific
  3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031
13. Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. GCC
  2.2. Israel
  2.3. South Africa
  2.4. Rest of MEA
  3. Market Size (USD Million) Forecast for MEA 2023-2031
14. Market Share Analysis and Competitive Landscape
- 1. Global Landscape - Key Players, Revenue and Presence
  2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
  3. Global Emerging Companies
  4. North America - Market Share Analysis and Key Regional Players
  5. Europe - Market Share Analysis and Key Regional Players
  6. Asia Pacific - Market Share Analysis and Key Regional Players
  7. Global Key Player - Growth Matrix
15. Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
- 1. Genus
  1.1. Company Overview
  1.2. Product Portfolio
  1.3. SWOT Analysis
  1.4. Financial Overview
  1.5. Strategic Overview
  2. Neogen Corporation
  2.1. Company Overview
  2.2. Product Portfolio
  2.3. SWOT Analysis
  2.4. Financial Overview
  2.5. Strategic Overview
  3. Animal Genetics
  3.1. Company Overview
  3.2. Product Portfolio
  3.3. SWOT Analysis
  3.4. Financial Overview
  3.5. Strategic Overview
  4. Urus
  4.1. Company Overview
  4.2. Product Portfolio
  4.3. SWOT Analysis
  4.4. Financial Overview
  4.5. Strategic Overview
  5. EW Group GmbH
  5.1. Company Overview
  5.2. Product Portfolio
  5.3. SWOT Analysis
  5.4. Financial Overview
  5.5. Strategic Overview
  6. Groupe Grimaud
  6.1. Company Overview
  6.2. Product Portfolio
  6.3. SWOT Analysis
  6.4. Financial Overview
  6.5. Strategic Overview
  7. CRV Holding
  7.1. Company Overview
  7.2. Product Portfolio
  7.3. SWOT Analysis
  7.4. Financial Overview
  7.5. Strategic Overview
  8. Topigs Norsvin
  8.1. Company Overview
  8.2. Product Portfolio
  8.3. SWOT Analysis
  8.4. Financial Overview
  8.5. Strategic Overview
  9. Zoetis
  9.1. Company Overview
  9.2. Product Portfolio
  9.3. SWOT Analysis
  9.4. Financial Overview
  9.5. Strategic Overview
  10. Envigo
  10.1. Company Overview
  10.2. Product Portfolio
  10.3. SWOT Analysis
  10.4. Financial Overview
  10.5. Strategic Overview
16. Pre and Post COVID-19 Impact
- 1. Positive influence on the healthcare industry
  2. The financial disruption of the manufacturing sector
  3. Impact of COVID-19 on emerging companies
  4. Significant mandates in the healthcare regulations initiated by administrations
  5. The overall economic slowdown of the developing and developed nations
17. FutureWise SME Key Takeaway Points for Client

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