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Market Research Report

South and Central America Animal Genetics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Products, Genetic Material, Service

Published by The Insight Partners Product code 1001523
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South and Central America Animal Genetics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Products, Genetic Material, Service
Published: April 8, 2021 Content info: 98 Pages
Description

The South and Central America animal genetics market is expected to reach US$ 488.51 million in 2027 from US$ 334.10 million in 2019. The market is estimated to grow with a CAGR of 5.0% from 2020 to 2027.

The growth of this market is attributed to the factors such as the high rise in the animal population, growing consumption of animal derived protein products, and a high growth in adoption of progressive genetic practices. However, the market is expected to experience slow growth during the forecast period owing to the stringent government regulations for animal breeding.

Growing focus on developing superior species of animals using genetic engineering to obtain high reproduction rates for large-scale production of modified breeds is expected to drive the animal genetics market during the forecast period. Animal genetics emphasizes the inheritance and genetic variations in wild and domestic animals. This science is used commercially for services such as testing genetic disorders, screening genetic traits, and typing DNA. For identifying genetic hybridizations, animal genetics uses various genetic practices, such as artificial insemination, embryo transfer, and cytological studies. The market players focus on partnerships, collaboration, and acquisitions to develop genetically modified breeds and maintain their market share. According to the Brazilian Association of Artificial Insemination, the number of commercialized doses of semen increased from 7 million in 2003 to ~14 million in 2017.

Moreover, artificial insemination (AI) can reduce various risks involved in animal breeding and disease transmission. It is found that female offspring cattle born through artificial insemination yield more milk than normal offspring. Additionally, the use of antibiotic-containing semen extensors is effective in preventing bacterial infectious diseases. Therefore, the entire AI process is considered more hygienic than natural mating. Thus, the high growth in adoption of progressive genetic practices will support the market growth in coming years.

The lockdown in major countries has affected the supply of domestic food and other goods and services. The countries are facing a shortage of food supplies, and especially livestock related business is highly affected. The countries in the South and Central America consume beef largely and are the largest exporters for beef and pork. The lockdown has also affected the travel business, thus, imports and exports are highly affected. The countries are the largest producers of dairy products; therefore, supplies for the nutrition feeds, and additives for animals are facing shortages. Thus, the animal genetics market is moderately affected in these regions.

Based on product, the South and Central America animal genetics market is segmented into poultry, porcine, bovine, canine, and others. The porcine segment held the largest market share in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.

Based on genetic material, the South and Central America animal genetics market is segmented into semen and embryo. The embryo segment held a larger market share in 2019, whereas the semen segment is anticipated to register a higher CAGR in the market during the forecast period.

Based on service, the South and Central America animal genetics market is segmented into DNA typing, genetic trait tests, genetic disease tests, and others. The DNA typing segment held the largest market share in 2019, whereas the genetic disease tests segment is anticipated to register the highest CAGR in the market during the forecast period.

A few of the primary and secondary sources referred to while preparing the report on the South and Central America animal genetics market are the National Institute of Food and Agriculture (NIFA), Food and Agriculture Organization (FAO), among others.

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Table of Contents
Product Code: TIPRE00021064

Table Of Contents

1. Introduction

  • 1.1 Scope of the Study
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation
    • 1.3.1 Animal Genetics Market - By Product
    • 1.3.2 Animal Genetics Market - By Genetic Material
    • 1.3.3 Animal Genetics Market - By Service
    • 1.3.4 South and Central America Animal Genetics Market - By Country

2. South and Central America Animal Genetics Market - Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. South and Central America Animal Genetics Market - Market Landscape

  • 4.1 Overview
  • 4.2 PEST Analysis
    • 4.2.1 Animal Genetics Market- South and Central America PEST Analysis
  • 4.3 Expert Opinion

5. South and Central America Animal Genetics Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 High Rise in the Animal Population and the Growing Consumption of Animal Derived Protein Products
    • 5.1.2 High Growth in Adoption of Progressive Genetic Practices
  • 5.2 Market Restraints
    • 5.2.1 Stringent Government Regulations for Animal Breeding
  • 5.3 Market Opportunities
    • 5.3.1 Growing Advancements in Phenotyping in Animal Genetics
  • 5.4 Future Trends
    • 5.4.1 Various Company Collaborations and Expansions Undertaken by Market Players
  • 5.5 Impact Analysis

6. Animal Genetics Market - South and Central America Analysis

  • 6.1 South and Central America Animal Genetics Market Revenue Forecasts and Analysis

7. South and Central America Animal Genetics Market Analysis and Forecasts To 2027 - By Product

  • 7.1 Overview
  • 7.2 Animal Genetics Market Revenue Share, by Product (2019 and 2027)
  • 7.3 Poultry
    • 7.3.1 Overview
    • 7.3.2 Poultry: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 7.4 Porcine
    • 7.4.1 Overview
    • 7.4.2 Porcine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 7.5 Bovine
    • 7.5.1 Overview
    • 7.5.2 Bovine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 7.6 Canine
    • 7.6.1 Overview
    • 7.6.2 Canine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 7.7 Other
    • 7.7.1 Overview
    • 7.7.2 Other: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)

8. South and Central America Animal Genetics Market Analysis - By Genetic Material

  • 8.1 Overview
  • 8.2 Animal Genetics Market Revenue Share, by Genetic Material (2019 and 2027)
  • 8.3 Semen
    • 8.3.1 Overview
    • 8.3.2 Semen: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.4 Embryo
    • 8.4.1 Overview
    • 8.4.2 Embryo: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)

9. South and Central America Animal Genetics Market Analysis - By Service

  • 9.1 Overview
  • 9.2 Animal Genetics Market Share, by Service, 2019 and 2027, (%)
  • 9.3 DNA typing
    • 9.3.1 Overview
    • 9.3.2 DNA typing: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 9.4 Genetic Trait Tests
    • 9.4.1 Overview
    • 9.4.2 Genetic Trait Tests: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 9.5 Genetic Disease Tests
    • 9.5.1 Overview
    • 9.5.2 Genetic Disease Tests: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • 9.6 Others
    • 9.6.1 Overview
    • 9.6.2 Others: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)

10. Animal Genetics Market Revenue and Forecasts To 2027 - Geographical Analysis

  • 10.1 South and Central America: Animal Genetics Market
    • 10.1.1 Overview
    • 10.1.2 South and Central America: Animal Genetics Market, by Country, 2019 & 2027 (%)
    • 10.1.3 Brazil: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
      • 10.1.3.1 Brazil: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
      • 10.1.3.2 Brazil: Animal Genetics Market, by Animal Genetic Products - Revenue and Forecast to 2027 (USD Million)
      • 10.1.3.3 Brazil: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
      • 10.1.3.4 Brazil: Animal Genetics Market, by Genetic Service - Revenue and Forecast to 2027 (USD Million)
    • 10.1.4 Argentina: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
      • 10.1.4.1 Argentina: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
      • 10.1.4.2 Argentina: Animal Genetics Market, by Animal Genetic Products - Revenue and Forecast to 2027 (USD Million)
      • 10.1.4.3 Argentina: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
      • 10.1.4.4 Argentina: Animal Genetics Market, by Genetic Service - Revenue and Forecast to 2027 (USD Million)
    • 10.1.5 Rest of South and Central America: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
      • 10.1.5.1 Rest of South and Central America: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
      • 10.1.5.2 Rest of South and Central America: Animal Genetics Market, by Animal Genetic Products - Revenue and Forecast to 2027 (USD Million)
      • 10.1.5.3 Rest of South and Central America: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
      • 10.1.5.4 Rest of South and Central America: Animal Genetics Market, by Genetic Service - Revenue and Forecast to 2027 (USD Million)

11. Impact Of COVID-19 Pandemic on South and Central America Animal Genetics Market

  • 11.1 South and Central America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

  • 12.1 Overview
  • 12.2 Organic Developments
    • 12.2.1 Overview
  • 12.3 Inorganic Developments
    • 12.3.1 Overview

13. COMPANY PROFILES

  • 13.1 NEOGEN Corporation
    • 13.1.1 Key Facts
    • 13.1.2 Business Description
    • 13.1.3 Products and Services
    • 13.1.4 Financial Overview
    • 13.1.5 SWOT Analysis
    • 13.1.6 Key Developments
  • 13.2 Genus
    • 13.2.1 Key Facts
    • 13.2.2 Business Description
    • 13.2.3 Products and Services
    • 13.2.4 Financial Overview
    • 13.2.5 SWOT Analysis
    • 13.2.6 Key Developments
  • 13.3 TOPIGS NORSVIN
    • 13.3.1 Key Facts
    • 13.3.2 Business Description
    • 13.3.3 Products and Services
    • 13.3.4 Financial Overview
    • 13.3.5 SWOT Analysis
    • 13.3.6 Key Developments
  • 13.4 Zoetis Inc.
    • 13.4.1 Key Facts
    • 13.4.2 Business Description
    • 13.4.3 Products and Services
    • 13.4.4 Financial Overview
    • 13.4.5 SWOT Analysis
    • 13.4.6 Key Developments
  • 13.5 ALTA GENETICS INC.
    • 13.5.1 Key Facts
    • 13.5.2 Business Description
    • 13.5.3 Products and Services
    • 13.5.4 Financial Overview
    • 13.5.5 SWOT Analysis
    • 13.5.6 Key Developments
  • 13.6 Groupe Grimaud
    • 13.6.1 Key Facts
    • 13.6.2 Business Description
    • 13.6.3 Products and Services
    • 13.6.4 Financial Overview
    • 13.6.5 SWOT Analysis
    • 13.6.6 Key Developments

14. Appendix

  • 14.1 About the Insight Partners
  • 14.2 Glossary of Terms

List Of Tables

  • Table 1. Brazil: Animal Genetics Market, by Animal Genetic Products - Revenue and Forecast to 2027 (USD Million)
  • Table 2. Brazil: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
  • Table 3. Brazil: Animal Genetics Market, by Service - Revenue and Forecast to 2027 (USD Million)
  • Table 4. Argentina: Animal Genetics Market, by Animal Genetic Products - Revenue and Forecast to 2027 (USD Million)
  • Table 5. Argentina: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
  • Table 6. Argentina: Animal Genetics Market, by Service - Revenue and Forecast to 2027 (USD Million)
  • Table 7. Rest of South and Central America: Animal Genetics Market, by Animal Genetic Products - Revenue and Forecast to 2027 (USD Million)
  • Table 8. Rest of South and Central America: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
  • Table 9. Rest of South and Central America: Animal Genetics Market, by Service - Revenue and Forecast to 2027 (USD Million)
  • Table 10. Inorganic Developments Done by Companies
  • Table 11. Glossary of Terms, Animal Genetics Market

List Of Figures

  • Figure 1. Animal Genetics Market Segmentation
  • Figure 2. South and Central America Animal Genetics Market Overview
  • Figure 3. Embryo Segment Held Largest Share of Genetic Material in Animal Genetics Market
  • Figure 4. DNA Typing Segment Held Largest Share of Service in Animal Genetics Market
  • Figure 5. Brazil is Expected to Show Remarkable Growth During the Forecast Period
  • Figure 6. Animal Genetics Market - South and Central America PEST Analysis
  • Figure 7. Animal Genetics Market Impact Analysis of Driver and Restraints
  • Figure 8. South and Central America Animal Genetics Market - Revenue Forecasts and Analysis - 2019- 2027
  • Figure 9. Animal Genetics Market Revenue Share, by Product (2019 and 2027)
  • Figure 10. Poultry: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 11. Porcine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 12. Bovine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 13. Canine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 14. Other: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 15. Animal Genetics Market Revenue Share, by Genetic Material (2019 and 2027)
  • Figure 16. Semen: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 17. Embryo: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 18. Animal Genetics Market Share, by Service, 2019 and 2027 (%)
  • Figure 19. DNA typing: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 20. Genetic Trait Tests: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 21. Genetic Disease Tests: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 22. Others: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 23. South and Central America: Animal Genetics Market, by Key Country - Revenue (2019) (USD Million)
  • Figure 24. South and Central America: Animal Genetics Market, by Country, 2019 & 2027 (%)
  • Figure 25. Brazil: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
  • Figure 26. Argentina: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
  • Figure 27. Rest of South and Central America: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
  • Figure 28. Impact of COVID-19 Pandemic in South and Central America Country Markets
  • Figure 29. Growth Strategies Done by the Companies in the Market, (%)
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