Overview

Animal Genetics Market Introduction:

Global Animal Genetics Market is estimated to value over USD 7.7 billion with a CAGR of over 6.3% from 2022 to 2028 forecast period.

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.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Animal Genetics Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share, and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Animal Genetics Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

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)

Animal Genetics Market Segmentation:

By Product and Services:

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

By Species

  • Porcine
  • Bovine
  • Canine
  • Ovine
  • Caprine 
  • Others

By Region:

  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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:

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization services offered are free of charge with purchase of any license of the report.
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics