PUBLISHER: Acute Market Reports | PRODUCT CODE: 1162495
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1162495
Animal Genetics Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Industry Outlook
The overall growth of animal genetics market is attributed to the growing demand for meat products, need for breeding disease resistant animals due to increasing demand for non-antibiotic produce, increasing outbreaks of diseases in farm animals and so on. Growing awareness in the consumers with respects to the hazards associated with antibiotic usage, and its ban in prominent European countries is also facilitating key trends in the market. With selective breeding, animals are born with best traits and create population with robust performance. Animal genetics assist in producing animals with the best possible genetic traits. For example, a genetically modified swine shall produce more meat which shall also have high protein content. Animal genetic testing in bovine species may produce cattle yielding more milk, less prone to diseases, etc. This potential of animal genetics has been recognized with evidence and thus support the market growth. Growing demand for healthy animal-derived protein, consistent growth in the global population, and growing disposable incomes are drivers of the global animal genetics market. Conversely, lack of skilled personnel may hold back the market growth.
Bovine species holds dominance across all sample types
Based on the sample types, the global animal genetics market is classified into live animals and genetic material. Genetic improvement in bovine animals has been among the largest areas in animal genetics. Traditional genetic improvement processes in cattle have been limited due to time required along with heavy expenses incurred along with the expenses associated with progeny test paradigm. Recent evolution in the field of genomic selection programs with single nucleotide polymorphism genotypes shall increase the pace of genetic gain through reducing the genetic intervals, while increasing the reliability of the breeding value. Introduction of genetic studies and evaluations in bovine husbandry has turned out to be beneficial in several ways. This has resulted in breeding disease resistant animals, there has also been augmented yield in the form of milk, and protein rich meat, while also helped in determining the best possible genetic traits while preserving the other pool.
The demand for veterinary genetic disease testing to progress at swift pace
Based on service types, the global animal genetics market is classified into DNA typing, genetic trait tests and genetic disease tests. Among these, DNA typing application shall mainly have research application throughout the forecast period. However, genetic disease testing shall be observed to be a rapidly growing application in the field of veterinary genetics. The growing global population, has urged the need for better food yield. This has resulted in rearing healthier poultry and cattle that shall be free from both communicable and non-communicable diseases. Though communicable diseases in limits can be efficiently monitored, non-communicable disease conditions require constant and detailed monitoring. Use of genetic testing in predetermining the risk of genetic diseases therefore can be an efficient tool not just for targeting the vulnerable animals, but also in pre-deciding the more of action for treatment.
North America and Europe to remain the largest market for animal genetics and its further applications
The veterinary market in North America and Europe have already reached stability, with a majority of the novel technologies, products and solutions being first introduced in these regions. The regions also house some of the largest players in this field. Greater awareness, higher research funding, and availability of skilled researchers and workforce are the key factors supporting their dominance. Furthermore, Western Europe and Europe also have well-structured regulatory and research environment, supporting rapid commercialization of novel genetic testing solutions. Asia Pacific due to increased CRO activities shall be witnessing rapid growth during the forecast period.
This report also includes company profiles section that gives insights on the company overview, product portfolio, financial information and key developments of major market players. The major players profiled in this report include Zoetis, Inc., Animal Genetics, Inc., Hendrix Genetics, Grimaud Groupe, CRV Holding B.V., Envigo (Harlan Laboratories, Inc.), EW Group GmbH, Genus PLC, Neogen Corporation, Vetgen, and Topigs Norsvin.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Animal Genetics market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Animal Genetics market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Sample
- Live Animals
- Avian
- Bovine
- Porcine
- Equine
- Canine
- Others
- Genetic Material
- Embryo
- Bovine
- Equine
- Others
- Semen
- Bovine
- Canine
- Porcine
- Equine
- Others
- Others
- Embryo
Service
- DNA Typing
- Genetic Trait Tests
- Genetic Disease Tests
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Animal Genetics market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Animal Genetics market?
- Which is the largest regional market for Animal Genetics market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Animal Genetics market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Animal Genetics market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Animal Genetics Market
- 2.2. Global Animal Genetics Market, By Sample, 2021 (US$ Million)
- 2.3. Global Animal Genetics Market, By Service, 2021 (US$ Million)
- 2.4. Global Animal Genetics Market, By Geography, 2021 (US$ Million)
- 2.5. Impact of Covid 19
- 2.6. Attractive Investment Proposition by Geography, 2021
- 2.7. Competitive Analysis
- 2.7.1. Market Positioning of Key Animal Genetics Market Vendors
- 2.7.2. Strategies Adopted by Animal Genetics Market Vendors
- 2.7.3. Key Industry Strategies
3. Animal Genetics Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Animal Genetics Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Animal Genetics Market: By Sample, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Live Animals
- 4.3.1.1. Avian
- 4.3.1.2. Bovine
- 4.3.1.3. Porcine
- 4.3.1.4. Equine
- 4.3.1.5. Canine
- 4.3.1.6. Others
- 4.3.2. Genetic Material
- 4.3.2.1. Embryo
- 4.3.2.1.1. Bovine
- 4.3.2.1.2. Equine
- 4.3.2.1.3. Others
- 4.3.2.2. Semen
- 4.3.2.2.1. Bovine
- 4.3.2.2.2. Canine
- 4.3.2.2.3. Porcine
- 4.3.2.2.4. Equine
- 4.3.2.2.5. Others
- 4.3.2.3. Others
- 4.3.2.1. Embryo
- 4.3.1. Live Animals
5. Animal Genetics Market: By Service, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. DNA Typing
- 5.3.2. Genetic Trait Tests
- 5.3.3. Genetic Disease Tests
6. North America Animal Genetics Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Animal Genetics Market: By Sample, 2020-2030, USD (Million)
- 6.3. Animal Genetics Market: By Service, 2020-2030, USD (Million)
- 6.4.Animal Genetics Market: By Region, 2020-2030, USD (Million)
- 6.4.1.North America
- 6.4.1.1. U.S.
- 6.4.1.2. Canada
- 6.4.1.3. Rest of North America
- 6.4.1.North America
7. UK and European Union Animal Genetics Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Animal Genetics Market: By Sample, 2020-2030, USD (Million)
- 7.3. Animal Genetics Market: By Service, 2020-2030, USD (Million)
- 7.4.Animal Genetics Market: By Region, 2020-2030, USD (Million)
- 7.4.1.UK and European Union
- 7.4.1.1. UK
- 7.4.1.2. Germany
- 7.4.1.3. Spain
- 7.4.1.4. Italy
- 7.4.1.5. France
- 7.4.1.6. Rest of Europe
- 7.4.1.UK and European Union
8. Asia Pacific Animal Genetics Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Animal Genetics Market: By Sample, 2020-2030, USD (Million)
- 8.3. Animal Genetics Market: By Service, 2020-2030, USD (Million)
- 8.4.Animal Genetics Market: By Region, 2020-2030, USD (Million)
- 8.4.1.Asia Pacific
- 8.4.1.1. China
- 8.4.1.2. Japan
- 8.4.1.3. India
- 8.4.1.4. Australia
- 8.4.1.5. South Korea
- 8.4.1.6. Rest of Asia Pacific
- 8.4.1.Asia Pacific
9. Latin America Animal Genetics Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Animal Genetics Market: By Sample, 2020-2030, USD (Million)
- 9.3. Animal Genetics Market: By Service, 2020-2030, USD (Million)
- 9.4.Animal Genetics Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Latin America
- 9.4.1.1. Brazil
- 9.4.1.2. Mexico
- 9.4.1.3. Rest of Latin America
- 9.4.1.Latin America
10. Middle East and Africa Animal Genetics Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Animal Genetics Market: By Sample, 2020-2030, USD (Million)
- 10.3. Animal Genetics Market: By Service, 2020-2030, USD (Million)
- 10.4.Animal Genetics Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Middle East and Africa
- 10.4.1.1. GCC
- 10.4.1.2. Africa
- 10.4.1.3. Rest of Middle East and Africa
- 10.4.1.Middle East and Africa
11. Company Profile
- 11.1. Zoetis, Inc.
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. AG Inc.
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. Hendrix Genetics
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. Grimaud Groupe
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. CRV Holding B.V.
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Envigo (Harlan Laboratories, Inc.)
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. EW Group GmbH
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Genus PLC
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Neogen Corporation
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. Vetgen
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
- 11.11. Topigs Norsvin
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Portfolio
- 11.11.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Animal Genetics Market By Sample, 2020-2030, USD (Million)
- TABLE 2 Global Animal Genetics Market By Live Animals, 2020-2030, USD (Million)
- TABLE 3 Global Animal Genetics Market By Genetic Material, 2020-2030, USD (Million)
- TABLE 4 Global Animal Genetics Market By Embryo, 2020-2030, USD (Million)
- TABLE 5 Global Animal Genetics Market By Semen, 2020-2030, USD (Million)
- TABLE 6 Global Animal Genetics Market By Service, 2020-2030, USD (Million)
- TABLE 7 North America Animal Genetics Market By Sample, 2020-2030, USD (Million)
- TABLE 8 North America Animal Genetics Market By Live Animals, 2020-2030, USD (Million)
- TABLE 9 North America Animal Genetics Market By Genetic Material, 2020-2030, USD (Million)
- TABLE 10 North America Animal Genetics Market By Embryo, 2020-2030, USD (Million)
- TABLE 11 North America Animal Genetics Market By Semen, 2020-2030, USD (Million)
- TABLE 12 North America Animal Genetics Market By Service, 2020-2030, USD (Million)
- TABLE 13 UK and European Union Animal Genetics Market By Sample, 2020-2030, USD (Million)
- TABLE 14 UK and European Union Animal Genetics Market By Live Animals, 2020-2030, USD (Million)
- TABLE 15 UK and European Union Animal Genetics Market By Genetic Material, 2020-2030, USD (Million)
- TABLE 16 UK and European Union Animal Genetics Market By Embryo, 2020-2030, USD (Million)
- TABLE 17 UK and European Union Animal Genetics Market By Semen, 2020-2030, USD (Million)
- TABLE 18 UK and European Union Animal Genetics Market By Service, 2020-2030, USD (Million)
- TABLE 19 Asia Pacific Animal Genetics Market By Sample, 2020-2030, USD (Million)
- TABLE 20 Asia Pacific Animal Genetics Market By Live Animals, 2020-2030, USD (Million)
- TABLE 21 Asia Pacific Animal Genetics Market By Genetic Material, 2020-2030, USD (Million)
- TABLE 22 Asia Pacific Animal Genetics Market By Embryo, 2020-2030, USD (Million)
- TABLE 23 Asia Pacific Animal Genetics Market By Semen, 2020-2030, USD (Million)
- TABLE 24 Asia Pacific Animal Genetics Market By Service, 2020-2030, USD (Million)
- TABLE 25 Latin America Animal Genetics Market By Sample, 2020-2030, USD (Million)
- TABLE 26 Latin America Animal Genetics Market By Live Animals, 2020-2030, USD (Million)
- TABLE 27 Latin America Animal Genetics Market By Genetic Material, 2020-2030, USD (Million)
- TABLE 28 Latin America Animal Genetics Market By Embryo, 2020-2030, USD (Million)
- TABLE 29 Latin America Animal Genetics Market By Semen, 2020-2030, USD (Million)
- TABLE 30 Latin America Animal Genetics Market By Service, 2020-2030, USD (Million)
- TABLE 31 Middle East and Africa Animal Genetics Market By Sample, 2020-2030, USD (Million)
- TABLE 32 Middle East and Africa Animal Genetics Market By Live Animals, 2020-2030, USD (Million)
- TABLE 33 Middle East and Africa Animal Genetics Market By Genetic Material, 2020-2030, USD (Million)
- TABLE 34 Middle East and Africa Animal Genetics Market By Embryo, 2020-2030, USD (Million)
- TABLE 35 Middle East and Africa Animal Genetics Market By Semen, 2020-2030, USD (Million)
- TABLE 36 Middle East and Africa Animal Genetics Market By Service, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Animal Genetics Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Animal Genetics Market: Quality Assurance
- FIG. 5 Global Animal Genetics Market, By Sample, 2021
- FIG. 6 Global Animal Genetics Market, By Service, 2021
- FIG. 7 Global Animal Genetics Market, By Geography, 2021
- FIG. 8 Global Animal Genetics Market, By Sample, 2021 Vs 2030, %
- FIG. 9 Global Animal Genetics Market, By Service, 2021 Vs 2030, %
- FIG. 10 U.S. Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 11 Canada Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 12 Rest of North America Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 13 UK Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 14 Germany Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 15 Spain Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 16 Italy Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 17 France Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 18 Rest of Europe Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 19 China Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 20 Japan Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 21 India Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 22 Australia Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 23 South Korea Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 24 Rest of Asia Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 25 Brazil Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 26 Mexico Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 27 Rest of Latin America Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 28 GCC Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 29 Africa Animal Genetics Market (US$ Million), 2020 - 2030
- FIG. 30 Rest of Middle East and Africa Animal Genetics Market (US$ Million), 2020 - 2030
