Report Code: CMI41874

Category: Healthcare

Report Snapshot

CAGR: 5.77%
28.11Bn
2024
28.23Bn
2025
49.25Bn
2034

Source: CMI

Study Period: 2025-2034
Fastest Growing Market: Asia-Pacific
Largest Market: North America

Major Players

  • Zoetis
  • Boehringer Ingelheim
  • Merck & Co. Inc.
  • Virbac
  • Others

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Reports Description

Global Animal Biotechnology Market was valued at USD 28.23 Billion in 2025 and is expected to reachUSD 49.25 Billion by 2034, at a CAGR of 5.77% during the forecast period 2025-2034.

Animal Biotechnology Market Overview

The global animal biotechnology market involves the use of molecular biology and genetic engineering technologies to enhance the health, productivity, and reproduction of both food and companion animals. The global animal biotechnology market includes all aspects of genetically modified animals, cloning, transgenics, vaccine development, diagnostics, pharmaceuticals, etc. Animal biotechnology encompasses methods that may improve animal nutrition, disease resistance, and breeding, resulting in improved agricultural productivity and better veterinary health care.

The animal biotechnology market seeks to contribute to real-world problems such as food security, zoonoses, and sustainable animal farming practices. The animal biotechnology sector combines science and expertise from the fields of biotechnology, veterinary medicine, and genomics to determine new and improved animal husbandry practices.

Animal Biotechnology Market Growth Factors

Increasing Demand for Animal-Derived Food Products

An increase in global demand for animal-based food products, especially meats, dairy products, and eggs, continues to fuel momentum in the animal biotechnology market. The world is expected to exceed a total population of 9 billion people by the year 2050, and the issue of food security remains one of the biggest contemporary challenges governments and interested parties of industry face.

This increased demand generates stress for livestock producers to raise productivity and efficiency while offsetting losses due to animal diseases. Animal biotechnology is important to help with these pressures through genetic improvement, precision breeding, and disease-resistant livestock. For example, many farmers in India and China, the largest meat and dairy consumers, have utilized biotech-assisted livestock breeding to increase the milk yield and prevent prevalent diseases like mastitis.

Genetically improved animals are helping ranchers in Brazil increase total beef production and lessen their feed costs. Biotechnology solutions deliver substantive increases in feed conversion ratios and growth performance, and thus profitability and sustainability.

Biotech processes, such as embryo transfer and clone technologies, facilitate the expansion and accelerated propagation of genetically superior and high-yield animals and help alleviate the supply gap in developing regions. The global need for more protein-rich diets, particularly in cities facing growing urbanization, will also broaden the market scope for animal biotechnology.

Technological Advancements in Genetic Engineering and Diagnostics

The animal biotechnology market is being bolstered by rapid advances in genetics and diagnostics. Genetic engineering technologies (i.e., CRISPR-Cas9), gene editing, and transgenic animal models now allow scientists great precision for manipulating animal specificity in animal genomes for increasing desirable traits and minimizing genetic impairments.

By utilizing these technological developments, breeding programs can be accelerated, and they lessen the burden of reliance on traditional breeding procedures, which can be laborious at best and inaccurate at worst. For example, Recombinetics, a US-based company, has gene-edited pigs that are now resistant to Porcine Reproductive and Respiratory Syndrome (PRRS), which is costing the US pork industry more than 600 million dollars annually.

Similarly, AgResearch, a biotechnology company in New Zealand, is using transgenic sheep that produce sheep with superior wool and produce greater quantities of milk, helping to increase New Zealand farm exports. Advancements in diagnostic tools, such as rapid test kits and biosensors, are facilitating the rapid detection of diseases, such as foot-and-mouth disease, avian influenza, and a range of other pathogens.

The rapid detection of pathogens allows for non-targeted, early detection, critical for outbreak management. Portable, hand-held PCR and point-of-care diagnostics are fitting in rural and remote areas. By monitoring the health of animals and quality of meat, they enable quicker and more informed responses to potential threats to animal health and human health, and food quality.

Rising Awareness of Animal Welfare and the One Health Approach

As more people across the globe become interested in animal welfare and the ‘One Health’ policy highlights the interface between human beings, animals, and the environment, new opportunities are arising in the animal biotechnology industry. The interface between human health professionals, veterinarians, and the environmental profession is a continuous opportunity for innovations in the animal biotechnology industry, as it addresses common health issues.

The tripartite paradigm recognizes that the health of humans, animals, and the environment is inextricably linked, which is encouraging countries around the world, as well as large international organizations and private sector entities, to invest heavily in animal health research, such as zoonotic disease risk mitigation and antimicrobial resistance monitoring.

For example, during the COVID-19 pandemic, numerous zoonotic origin studies recognized the ongoing need for improved disease surveillance in animals, resulting in additional investment in biotechnology-based animal vaccines and diagnostics. Animal welfare laws are also tightening, with countries like Sweden, Germany, and the Netherlands now enforcing humane livestock treatment and breeding without stress.

As a result, there is greater interest in new biotech innovations that enhance health without antibiotics or growth hormones. Zoetis and Merck Animal Health are among the companies developing biotech-based vaccines and new immunomodulators to lessen animal stress and enhance immune response. Increased pet adoption and awareness, alongside personalized veterinary healthcare that uses animal biotechnology methods, such as gene-based diagnostics and regenerative therapies, have further compelled growth in the pet food industry. As societies continue to expand in the adoption of ethical farming and sustainable health ecosystems, animal biotechnology will be front and center in the transformation.

Animal Biotechnology Market Restraints

Complex and Stringent Regulatory Frameworks

One of the major constraints impacting the expansion of the global animal biotechnology market is the highly complex and rigid regulatory framework across regions. Biotechnology-based animal products, especially genetically modified organisms (GMOs), have long and costly approval processes typically associated with safety, environmental, and other ethical considerations.

This regulatory environment also discourages small and mid-size biotech firms from entering the market, which creates a monopoly for larger multinationals. In the European Union, genetically modified animal products are more difficult to regulate than plant GMOs, and this has inhibited a higher degree of innovation in biotechnology-based animal products.

In the United States, genetically modified animals like AquaBounty’s fast-growing salmon took nearly two decades to get commercial approval, even though the regulatory process for approvals by the Food and Drug Administration (FDA) is more structured and follows an approval process. Such extended approval delays increase R&R costs, reduce investor confidence, and subsequently slow commercialization.

And then there are the inconsistent regulations across the board. These inconsistencies are already complicating market expansions and licensing of globally available products, and they’re usually not favorable for scalability. For example, Brazil has allowed genetically engineered cattle for enhanced reproduction traits, while its neighbors have either moratoriums (as in Argentina and Paraguay) or agronomic bans (as in Uruguay) on genetically engineered crops.

Doing cross-border trade becomes almost impossible. This situation underscores the need for supply chain participants to call for a unified global standard and regulatory framework based on science. However, all market participants will differentiate compliance and time to market under incompatible jurisdictions, in turn cutting time to market and slowing overall market movement.

Global Animal Biotechnology Market 2025 – 2034 (By Product Type)

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Animal Biotechnology Market Trends

Emergence of Precision Livestock Farming (PLF).

The animal biotechnology field is currently undergoing transformational change with the emergence of Precision Livestock Farming (PLF), both in terms of all new data-intensive technologies and advances in genetics and health. The technologies in PLF include wearables, devices, artificial intelligence software, machine learning processes, and other information technologies.

PLF approaches can track how animals behave, their health parameters, when they go into heat, and even environmental conditions, all in real time. PLF technologies maximize the productivity of animals and allow animal producers to implement specific applications of biotech-based solutions. For example, at the Teagasc Research Centre in Ireland, the research team uses wearables that provide health-monitoring information to AI-based software to empower veterinarians to predict disease outbreaks and recommend specific biotech-based vaccinations or supplements.

In Denmark, there are pig farms with sound sensors that tell the farmers when their young pigs have gotten respiratory disease so that they can respond with notifications about genetic remediation or potential isolation strategies. Moreover, gene expression data involving PLF systems also allows biotech companies to relate genetic edits to specific farms. The added integration of biotechnology and digital technologies will allow for faster predictive animal health and animal care services while reducing waste and improving sustainability.

Smart farming is developing in multiple areas, particularly in global developed countries and technology-centered agribusinesses, which makes PLF a crucial platform for innovative animal biotechnology future applications. Furthermore, it offers numerous other possibilities in real-time diagnostics, remote biotech solutions, breeding smarter, and sophisticated technologies that can fast-track a transition towards smarter and ethical animal production systems.

Animal Biotechnology Market Segmentation Analysis.

Based on the product global animal biotechnology market is segmented into diagnostics tests, biologics, drugs, reproductive & genetic. Diagnostic Tests continues to lead the world market for animal biotechnology. This is largely because zoonotic and infectious diseases are becoming more prevalent in livestock and companion animals. The veterinary healthcare ecosystem is utilizing more veterinary diagnostics to facilitate the early diagnosis of infectious disease, mitigate financial losses, and improve outcomes.

Several infectious diseases, such as avian influenza, foot-and-mouth disease in livestock, and brucellosis, have diminished livestock productivity due to consumption and animal health concerns. This has resulted in governments and private stakeholders increasing funding for the development and application of molecular diagnostic processes like PCR, ELISA, and biosensors. In addition, regulatory environments in jurisdictions like the U.S. and the E.U. require diagnostic testing for animal disease regularly for exporters, which has increased demand.

Technological advances in point-of-care testing, such as biosensors, have also made animal diagnostics more accessible, particularly in rural settings. Companies including IDEXX Laboratories and Zoetis are developing their respective portfolios of rapid tests, ultimately supporting early diagnosis and health surveillance efforts. The right tests enable prevention of disease and real-time monitoring that aligns well with a One Health approach, and future growth potential and continued market leadership for this segment in animal biotechnology.

Based on the application global animal biotechnology market is segmented into diagnosis of animal diseases, treatment of animal diseases, preventive care of animals, and other applications. The diagnosis of animal diseases segment dominates the market, which holds the largest share because it forms the basis of veterinary care and disease management strategies.

The increase in incidence of livestock diseases, coupled with an increasing oversight of regulations, has made early and effective diagnosis an important area of consideration in managing animal health. Early diagnosis can help reduce treatment costs, act to stop the disease from spreading, and help protect the supply chain of food derived from animals.

For example, governments in countries such as China, India, and Brazil, major livestock producers provide subsidized diagnostic testing and implement various forms of incentive programs to control endemic diseases such as Newcastle disease or bovine tuberculosis.

Additionally, the increase in the application of biotechnology as part of veterinary medicine has traditionally improved test accuracy, speed, and volume of tests and thus facilitates the increasing reliance on diagnostics. Companion animal healthcare diagnostics, cancer diagnostics, metabolic disease diagnostics, and genetic disease diagnostics are increasing in popularity, all aided by a growing number of pets and a growing willingness to spend on preventive diagnostics.

BIOTECH-enabled platforms are increasingly used by veterinary hospitals and vet diagnostics labs to provide reports to make critical clinical decisions, making diagnostics a key support but now a driver of animal health economics. The application of diagnostics across species has a significantly growing focus in the animal context, categorically suggesting it will be the top-performing application in the industry.

Report Scope

Feature of the Report Details
Market Size in 2025 USD 28.23 Billion
Projected Market Size in 2034 USD 49.25 Billion
Market Size in 2024 USD 28.11 Billion
CAGR Growth Rate 5.77% CAGR
Base Year 2024
Forecast Period 2025-2034
Key Segment By Product Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Animal Biotechnology Market Regional Insight

North America has the largest revenue share of the animal biotechnology market, owing to an impressive veterinary infrastructure and high pet ownership paired with substantial investment in animal health technology. The United States is the largest country in the region, largely due to an advanced research and development ecosystem, organization, and active regulatory agencies, including the USDA and FDA, that foster a healthy environment for deploying the latest tools, including animal diagnostics, biologics, and genetic therapies.

With the emergence of zoonotic disease surveillance programs and a growing movement toward precision livestock farming, there is a growing demand for biotech-based animal health solutions. Companies in North America, like Zoetis, Elanco, and IDEXX Laboratories, are rolling out the latest diagnostics or vaccines for both companion animals and farm animals.

The trend of “pet humanization” has also been a major factor in the growth of the region, with pet owners increasingly choosing preventive care services, genetic testing, and targeted therapeutics. There has also been a growth in public-private partnerships in North America (i.e., partnerships between veterinary schools and biotech companies), which have encouraged translational research in animal genomics.

As a result, North America remains the largest market overall due to the high per capita spending on pet care and the increasing proactive planning regarding animal disease management, which provides the resources needed for innovation and commercialization of animal biotechnology.

The Asia-Pacific region is rapidly emerging as the fastest-growing market for animal biotechnology, as there is a large livestock base, a greater awareness of animal health, and an increase in investment in veterinary infrastructure. The livestock sector in countries such as China, India, Australia, and South Korea is driving demand for testing, vaccines, and breeding solutions from biotechnology as part of a growing demand for food security and productivity.

Governments are rushing to employ biotechnology in controlling epidemics of diseases such as foot-and-mouth disease, swine fever, and bird flu. In India, for instance, the National Animal Disease Control Programme (NADCP) seeks to vaccinate more than 500 million animals against FMD and brucellosis, creating opportunities in vaccine and diagnostic firms.

China is also increasing investment in animal genomics research as part of its overall rural modernization plans, increasing the number of genetic selection tools available and enhancing livestock outputs. Multinational companies are also extending their footprint in Asia-Pacific by partnering with local players and launching products.

The rising incomes of the middle class, especially in urban areas, have accompanied increasing pet ownership and personalized services from veterinarians, further establishing Asia-Pacific as a growth engine for the global animal biotechnology marketplace through increased government initiatives, awareness, and commercial interest.

Global Animal Biotechnology Market 2025 – 2034 (By Billion)

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Animal Biotechnology Market Recent Developments

  • In September 2024, Bioassay GmbH obtained a GMP Manufacturing License for its veterinary products manufacturing plant in Germany for bioanalytical testing solutions.
  • In September 2024, animal health products leader Zoetis enlarged its existing veterinary medicine and vaccine manufacturing plant in Hyderabad, India, to produce sophisticated veterinary technological tools in an efficient manner.
  • In August 2024, Fischer Medical Ventures (India) collaborated with Bio Angle Vacs Sdn Bhd (Malaysia) for the commercialization & development of new-age vaccines to tackle mortality rates of aquaculture and livestock in India.

List of the prominent players in the Animal Biotechnology Market:

  • Zoetis
  • Boehringer Ingelheim
  • Merck & Co. Inc.
  • Virbac
  • Elanco
  • Idexx Laboratories
  • Dechra Pharmaceuticals
  • Heska Corporation
  • Indian Immunologicals Ltd
  • Hester Biosciences Pvt. Ltd
  • Biogénesis Bagó
  • Others

The Animal Biotechnology Market is segmented as follows:

By Product Type

  • Diagnostic Tests
  • Biologics
  • Drugs
  • Reproductive & Genetic

By Application

  • Diagnosis of Animal Diseases
  • Treatment of Animal Diseases
  • Preventive Care of Animals
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Animal Biotechnology Market, (2025 – 2034) (USD Billion)
    • 2.2 Global Animal Biotechnology Market : snapshot
  • Chapter 3. Global Animal Biotechnology Market – Industry Analysis
    • 3.1 Animal Biotechnology Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing Demand for Animal-Derived Food Products
      • 3.2.2 Technological Advancements in Genetic Engineering and Diagnostics
      • 3.2.3 Rising Awareness of Animal Welfare and the One Health Approach.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product Type
      • 3.7.2 Market attractiveness analysis By Application
  • Chapter 4. Global Animal Biotechnology Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Animal Biotechnology Market: company market share, 2024
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Animal Biotechnology Market – Product Type Analysis
    • 5.1 Global Animal Biotechnology Market overview: By Product Type
      • 5.1.1 Global Animal Biotechnology Market share, By Product Type, 2024 and 2034
    • 5.2 Diagnostic Tests
      • 5.2.1 Global Animal Biotechnology Market by Diagnostic Tests, 2025 – 2034 (USD Billion)
    • 5.3 Biologics
      • 5.3.1 Global Animal Biotechnology Market by Biologics, 2025 – 2034 (USD Billion)
    • 5.4 Drugs
      • 5.4.1 Global Animal Biotechnology Market by Drugs, 2025 – 2034 (USD Billion)
    • 5.5 Reproductive & Genetic
      • 5.5.1 Global Animal Biotechnology Market by Reproductive & Genetic, 2025 – 2034 (USD Billion)
  • Chapter 6. Global Animal Biotechnology Market – Application Analysis
    • 6.1 Global Animal Biotechnology Market overview: By Application
      • 6.1.1 Global Animal Biotechnology Market share, By Application, 2024 and 2034
    • 6.2 Diagnosis of Animal Diseases
      • 6.2.1 Global Animal Biotechnology Market by Diagnosis of Animal Diseases, 2025 – 2034 (USD Billion)
    • 6.3 Treatment of Animal Diseases
      • 6.3.1 Global Animal Biotechnology Market by Treatment of Animal Diseases, 2025 – 2034 (USD Billion)
    • 6.4 Preventive Care of Animals
      • 6.4.1 Global Animal Biotechnology Market by Preventive Care of Animals, 2025 – 2034 (USD Billion)
    • 6.5 Others
      • 6.5.1 Global Animal Biotechnology Market by Others, 2025 – 2034 (USD Billion)
  • Chapter 7. Animal Biotechnology Market – Regional Analysis
    • 7.1 Global Animal Biotechnology Market Regional Overview
    • 7.2 Global Animal Biotechnology Market Share, by Region, 2024 & 2034 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Animal Biotechnology Market, 2025 – 2034 (USD Billion)
        • 7.3.1.1 North America Animal Biotechnology Market, by Country, 2025 – 2034 (USD Billion)
    • 7.4 North America Animal Biotechnology Market, by Product Type, 2025 – 2034
      • 7.4.1 North America Animal Biotechnology Market, by Product Type, 2025 – 2034 (USD Billion)
    • 7.5 North America Animal Biotechnology Market, by Application, 2025 – 2034
      • 7.5.1 North America Animal Biotechnology Market, by Application, 2025 – 2034 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Animal Biotechnology Market, 2025 – 2034 (USD Billion)
        • 7.6.1.1 Europe Animal Biotechnology Market, by Country, 2025 – 2034 (USD Billion)
    • 7.7 Europe Animal Biotechnology Market, by Product Type, 2025 – 2034
      • 7.7.1 Europe Animal Biotechnology Market, by Product Type, 2025 – 2034 (USD Billion)
    • 7.8 Europe Animal Biotechnology Market, by Application, 2025 – 2034
      • 7.8.1 Europe Animal Biotechnology Market, by Application, 2025 – 2034 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Animal Biotechnology Market, 2025 – 2034 (USD Billion)
        • 7.9.1.1 Asia Pacific Animal Biotechnology Market, by Country, 2025 – 2034 (USD Billion)
    • 7.10 Asia Pacific Animal Biotechnology Market, by Product Type, 2025 – 2034
      • 7.10.1 Asia Pacific Animal Biotechnology Market, by Product Type, 2025 – 2034 (USD Billion)
    • 7.11 Asia Pacific Animal Biotechnology Market, by Application, 2025 – 2034
      • 7.11.1 Asia Pacific Animal Biotechnology Market, by Application, 2025 – 2034 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Animal Biotechnology Market, 2025 – 2034 (USD Billion)
        • 7.12.1.1 Latin America Animal Biotechnology Market, by Country, 2025 – 2034 (USD Billion)
    • 7.13 Latin America Animal Biotechnology Market, by Product Type, 2025 – 2034
      • 7.13.1 Latin America Animal Biotechnology Market, by Product Type, 2025 – 2034 (USD Billion)
    • 7.14 Latin America Animal Biotechnology Market, by Application, 2025 – 2034
      • 7.14.1 Latin America Animal Biotechnology Market, by Application, 2025 – 2034 (USD Billion)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Animal Biotechnology Market, 2025 – 2034 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Animal Biotechnology Market, by Country, 2025 – 2034 (USD Billion)
    • 7.16 The Middle-East and Africa Animal Biotechnology Market, by Product Type, 2025 – 2034
      • 7.16.1 The Middle-East and Africa Animal Biotechnology Market, by Product Type, 2025 – 2034 (USD Billion)
    • 7.17 The Middle-East and Africa Animal Biotechnology Market, by Application, 2025 – 2034
      • 7.17.1 The Middle-East and Africa Animal Biotechnology Market, by Application, 2025 – 2034 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 Zoetis
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Boehringer Ingelheim
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Merck & Co. Inc.
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Virbac
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Elanco
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Idexx Laboratories
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Dechra Pharmaceuticals
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Heska Corporation
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Indian Immunologicals Ltd
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Hester Biosciences Pvt. Ltd
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Biogénesis Bagó
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 Others.
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
List Of Figures

Figures No 1 to 22

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2032

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2032
  • Market revenue estimates and forecasts up to 2032, by technology
  • Market revenue estimates and forecasts up to 2032, by application
  • Market revenue estimates and forecasts up to 2032, by type
  • Market revenue estimates and forecasts up to 2032, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Zoetis
  • Boehringer Ingelheim
  • Merck & Co. Inc.
  • Virbac
  • Elanco
  • Idexx Laboratories
  • Dechra Pharmaceuticals
  • Heska Corporation
  • Indian Immunologicals Ltd
  • Hester Biosciences Pvt. Ltd
  • Biogénesis Bagó
  • Others

FAQs

The key factors driving the Market are Increasing Demand for Animal-Derived Food Products, Technological Advancements in Genetic Engineering and Diagnostics, Rising Awareness of Animal Welfare and the One Health Approach.

The “Diagnosis of Animal Diseases” had the largest share in the global market for Animal Biotechnology.

The “Diagnostic Tests” category dominated the market in 2024.

The key players in the market are Zoetis, Boehringer Ingelheim, Merck & Co. Inc., Virbac, Elanco, Idexx Laboratories, Dechra Pharmaceuticals, Heska Corporation, Indian Immunologicals Ltd, Hester Biosciences Pvt. Ltd, Biogénesis Bagó, Others.

“North America” is expected to dominate the market over the forecast period.

The global market is projected to grow at a CAGR of 5.77% during the forecast period, 2025-2034.

The Animal Biotechnology Market size was valued at USD 28.23 Billion in 2025.

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