Animal Genetics Market Size, Trends and Insights By Animal Type (Poultry, Porcine, Bovine, Canine, Feline, Others), By Genetic Method (Semen, Embryos, Live Animals, Genetic Testing), By Service Type (Genetic Trait Testing, Genetic Disease Testing, Animal Genetic Products, Others), By Application (Dairy Production, Meat Production, Poultry Production, Aquaculture, Companion Animals, Others), By End User (Veterinary Hospitals & Clinics, Animal Breeding Centers, Research Centers & Institutes, Diagnostic Centers), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
As per the current market research conducted by the CMI Team, the global Animal Genetics Market is expected to record a CAGR of 5.89% from 2024 to 2033. In 2023, the market size is projected to reach a valuation of USD 6.8 Billion. By 2033, the valuation is anticipated to reach USD 10.88 Billion.
Global Meat Production
Year | Meat Production (Million Tons) |
2013 | 314.17 |
2014 | 320.34 |
2015 | 327.08 |
2016 | 329.87 |
2017 | 335.8 |
2018 | 341.01 |
2019 | 337.95 |
2020 | 334.28 |
2021 | 350.13 |
2022 | 355.46 |
Source: According to Our World in Data Organization
The animal genetics market refers to the industry that focuses on the study, analysis, and application of genetic principles to improve the health, productivity, and desirable traits of animals. This market encompasses a wide range of products and services, including genetic testing, breeding programs, and animal health solutions.
One of the key factors driving the growth of the animal genetics market is the increasing demand for meat production globally. As the world population continues to grow, the demand for protein-rich foods, particularly meat, has been steadily rising. To meet this demand, livestock producers are turning to advanced genetic technologies to improve the efficiency and productivity of their herds.
Animal Genetics Market – Significant Growth Factors
The Animal Genetics Market presents significant growth opportunities due to several factors:
- Increasing Consumption of Animal Derived Protein and Dairy Products: As the global population continues to grow, so does the demand for high-quality protein sources such as meat, milk, and eggs. This trend is particularly pronounced in developing regions, where rising incomes and urbanization are leading to dietary shifts towards higher consumption of animal-based foods.
- Rising Focus on Animal Health and Productivity: Farmers and livestock producers are increasingly adopting advanced animal genetics to improve the health, growth, and productivity of their herds, leading to higher yields and profitability.
- Advancements in genetic technologies: Rapid developments in genetic sequencing, bioinformatics, and gene editing technologies are enabling more precise and efficient animal breeding programs, fueling market growth.
- Prevention of Genetic Diseases Through Advanced Genetic Services: Advanced genetic services enable the early detection of genetic disorders and hereditary diseases in animals. Genetic tests can identify carriers of deleterious genes and animals predisposed to certain conditions before they manifest clinically. This early identification allows breeders and veterinarians to make informed decisions about breeding programs and healthcare interventions.
- Growing Awareness Regarding Animal Health and Benefits of Animal Genetic Tests and Products: Rapid developments in genetic sequencing, bioinformatics, and gene editing technologies are enabling more precise and efficient animal breeding programs, fueling market growth. As more pet owners and livestock producers recognize the value of genetic testing and advanced breeding technologies, demand for these products and services will continue to rise.
- Rising adoption of companion animals: The growing popularity of companion animals has heightened public awareness of animal welfare issues. Genetic testing plays a key role in identifying and mitigating inherited diseases, reducing the incidence of preventable suffering in pets. As consumers become more educated about the benefits of genetic screening, they are more likely to seek out breeders and veterinarians who utilize these advanced tools.
Animal Genetics Market – Mergers and Acquisitions
The animal genetics market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Animal Genetics Market include:
- In March 2023, Genetics Australia, Australia’s largest artificial breeding supplier, is set to enter into a joint venture with global herd improvement leader URUS, aiming to benefit Australian farmers. The joint venture will be 60% owned by URUS and 40% by Genetics Australia, with access to GENEX products and the PEAK program. The agreement is subject to approval from GA members.
- In June 2022, Zoetis has acquired Basepaws, a petcare genetics company, that provides genetic tests, analytics, and early health risk assessments for pet owners and veterinarians. The acquisition enhances Zoetis’ precision animal health portfolio and informs future petcare innovations.
- In March 2022, HKScan, Topigs Norsvin, and Royal Agrifirm Group agreed to establish a research and trial farm in Finland, focusing on improving pig welfare, reducing environmental impact, increasing profitability, and optimizing carcass quality. The partnership aims to develop best practices for future pork production needs.
These mergers and acquisitions helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the animal genetics market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Animal Genetics Market | Apheresis Equipment Market | Electronic Brachytherapy Market |
CAGR 5.89% (Approx) | CAGR 12.2% (Approx) | CAGR 9.48% (Approx) |
USD 10.88 Billion by 2033 | USD 13,169.1 Million by 2033 | USD 947.70 Million by 2033 |
Animal Genetics Market – Significant Threats
The Animal Genetics Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Higher Regulatory Challenges: The animal genetics market may face challenges in navigating complex regulatory frameworks and obtaining approvals for new products and technologies, which can slow down the development and commercialization process.
- Ethical Concerns: Public perception and acceptance of genetically modified animals and products derived from them can be a major challenge. Consumers may be sceptical or outright opposed to the use of genetic technologies in animals, which can affect market demand and regulatory policies.
- High Costs: The development and deployment of advanced genetic technologies involve significant investment in research and development (R&D), infrastructure, and equipment. These high costs can be a barrier for many companies, particularly smaller ones.
- Higher Impact on Biodiversity: Intensive selective breeding and the widespread use of genetically superior animals can reduce genetic diversity within livestock populations. This can make them more vulnerable to diseases and environmental changes, posing a risk to long-term sustainability.
- Integration with Traditional Practices: Integrating advanced genetic technologies with traditional breeding practices requires significant changes in management and operations. Resistance to change and lack of infrastructure hinder the adoption of animal genetics.
- Technological Limitations of Animal Genetics: Despite advances in genetic technologies, our understanding of the complex interactions within genomes is still incomplete. Predicting the outcomes of genetic modifications can be challenging, leading to uncertainties in breeding programs.
Category-Wise Insights
By Animal Type:
- Poultry: Genetic selection in poultry focuses on developing breeds that exhibit superior performance metrics while maintaining optimal health and welfare standards. Advances in genomic selection and breeding technologies have significantly contributed to the efficiency of poultry production systems worldwide.
- Porcine: Genetic selection in swine breeding aims to enhance traits that maximize profitability for pork producers, such as lean meat yield, growth rate, and feed conversion efficiency. Companies in this segment provide genetic solutions tailored to different production systems, from commercial swine operations to niche markets focusing on specialty pork products.
- Bovine: Dairy and beef producers benefit from genetic services that enhance the genetic potential of their herds, leading to increased milk yields, faster growth rates, and improved overall efficiency in meat production. The market offers a range of genetic testing services, including genomic profiling, parentage verification, and marker-assisted selection, to assist breeders in making informed breeding decisions.
- Canine: Breeders and pet owners seek genetic services to identify genetic disorders, assess genetic diversity, and enhance desirable traits in purebred and mixed-breed dogs. Genetic testing for inherited diseases, coat color genetics, and temperament traits help breeders produce healthier and genetically diverse litters.
- Feline: Genetic services for cats include screening for inherited diseases, determining coat colors and patterns, and assessing genetic diversity in pedigreed and domestic cat populations. Breeders and veterinarians utilize genetic information to promote feline health, manage genetic disorders, and preserve breed standards.
- Others: The “Others” segment of the animal genetics market encompasses diverse species such as aquaculture species (e.g., fish and shrimp), equine (horses), and exotic or lesser-known species. Genetic improvements in aquaculture aim to enhance traits like growth rate, disease resistance, and feed efficiency in farmed fish and shellfish species.
By Genetic Material
- Semen: Semen is a vital genetic material in animal genetics, especially for AI programs in livestock and companion animals. Quality semen from superior males is crucial for improved productivity, disease resistance, and offspring traits. The market includes diverse genetic resources, with leading companies offering semen from elite sires and AI services.
- Embryos: Embryos are crucial in animal genetics, facilitating the transfer and propagation of superior traits. Embryo transfer technology accelerates genetic improvement in livestock species like cattle, pigs, and sheep. This technology includes advanced genetic screening, cryopreservation, and embryo transfer services, allowing breeders to optimize genetic diversity and productivity.
- Live Animals: Live animals are crucial in the animal genetics market, carrying desirable traits for improved productivity, health, and performance. Breeding stocks with superior genetics are selectively bred to produce offspring with enhanced traits like milk production, growth rate, meat quality, and disease resistance. Companies offer genetically tested and verified breeding stock, ensuring the genetic integrity and sustainability of livestock and companion animal populations.
- Genetic Testing: Genetic testing services are crucial in the animal genetics market, providing valuable insights into animal traits like disease resistance and performance. Utilizing advanced genomic technologies like DNA sequencing and genotyping, these tests inform breeding decisions and optimize genetic selection programs. The market is expanding rapidly due to the growing demand for accurate genetic information.
By Service Type
- Genetic Trait Testing: Genetic trait testing is a crucial service in the animal genetics market, identifying and selecting desirable traits like growth rate, milk production, meat quality, and reproductive performance. It uses advanced genomic technologies like DNA sequencing and genotyping to accurately analyze and predict genetic traits, with the market expanding to optimize productivity and profitability.
- Genetic Disease Testing: Genetic disease testing is vital for identifying inherited diseases in animals, enabling breeders and veterinarians to manage disease risks effectively. It helps prevent the spread of genetic disorders and supports responsible breeding practices for animal health and welfare. The market for genetic disease testing is growing as stakeholders prioritize health-focused breeding strategies and genetic management.
- Animal Genetic Products: Animal genetic products are a range of genetic materials and biotechnological innovations aimed at improving animal productivity, health, and performance. They include semen, embryos, vaccines, genetic markers, and tools for assisted reproductive technologies. Leading companies offer innovative solutions for sustainable animal production and global market needs.
- Others: The “Others” category in the animal genetics market includes specialized services and products that complement genetic trait and disease testing, such as ancestry testing, genetic counselling, and customized breeding programs. Research and development initiatives in novel genetic technologies, bioinformatics, and biotechnology applications contribute to advancements in the industry. The market is dynamic, driven by innovation and evolving customer demands.
By Application
- Dairy Production: Animal genetics is used in dairy production to improve milk yield, quality, and reproductive efficiency. Genetic selection programs breed animals with superior traits like lactation persistence, udder health, and feed efficiency. Genetic testing and breeding technologies enhance profitability and sustainability. Advanced genomic tools optimize genetic diversity and herd productivity. The dairy segment continues to evolve with innovations for efficient milk production and herd management.
- Meat Production: Meat production is a significant application of animal genetics, focusing on improvements in meat quality, growth rate, feed efficiency, and carcass traits in livestock species like cattle, pigs, sheep, and poultry. Genetic technologies enhance meat yield, muscle development, and disease resistance, meeting consumer demand for high-quality protein sources. This segment drives innovation in genetic services and products.
- Poultry Production: Poultry production uses animal genetics to improve growth rate, feed efficiency, egg production, and disease resistance in chickens, turkeys, and other poultry species. Genetic selection programs aim to breed poultry with improved meat and egg production capabilities. Advancements in genetics and biotechnological innovations continue to grow the poultry production segment, enhancing health, welfare, and productivity.
- Aquaculture: Aquaculture uses animal genetics to enhance traits like growth rate, disease resistance, feed conversion efficiency, and product quality in farmed fish and shellfish. Genetic selection programs aim to develop aquatic breeds for sustainable seafood production. Genetic technologies like marker-assisted selection and genomic profiling optimize breeding programs, supporting global seafood production growth and promoting environmental sustainability and economic viability.
- Companion Animals: Animal genetics applications benefit companion animals like dogs, cats, and horses by focusing on health testing, behavior traits, and breed-specific characteristics. Genetic testing services identify diseases, assess genetic diversity, and optimize breeding practices. Breeders and pet owners use genetic technologies to produce healthy litters, meeting consumer preferences. The companion animal segment continues to expand with advancements in genetic testing technologies.
- Others: The “Others” category in the animal genetics market includes niche markets like wildlife conservation, specialty livestock breeds, zoo animals, and exotic species. Research and development initiatives focus on genetic technologies for animal health, biodiversity conservation, and biosecurity. This market is innovative and customizable, addressing unique challenges and opportunities across various animal species and industries.
By End User
- Veterinary Hospitals & Clinics: Veterinary hospitals and clinics are significant end users of the animal genetics market, utilizing genetic testing and diagnostic services to enhance animal health care and treatment outcomes. These facilities employ genetic testing to diagnose inherited diseases, assess genetic predispositions, and guide personalized treatment plans for companion animals, livestock, and exotic species.
- Animal Breeding Centers: Animal breeding centers utilize advanced techniques like AI, embryo transfer, and genomic selection to improve traits like productivity, disease resistance, and reproductive efficiency in livestock, poultry, and companion animals.
- Research Centers & Institutes: Research centers and institutes advance animal genetics through innovative initiatives, improving understanding of animal genomes, diseases, and traits. They develop new genetic tests, breeding strategies, and biotechnological innovations, collaborating with industry stakeholders to address global challenges and promote sustainable agriculture.
- Diagnostic Centers: Diagnostic centers are vital in the animal genetics market, offering comprehensive testing services for identifying and managing genetic disorders. They aid veterinarians, breeders, and owners in making informed decisions, enhancing animal health management and genetic resource conservation efforts.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 6.8 Billion |
Projected Market Size in 2033 | USD 10.88 Billion |
Market Size in 2023 | USD 6.5 Billion |
CAGR Growth Rate | 5.89% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Animal Type, Genetic Method, Service Type, Application, End User 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 Genetics Market – Regional Analysis
The Animal Genetics Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: North America leads the global animal genetics market due to its robust agricultural sector and advanced biotechnological innovations. The region’s livestock industry prioritizes traits like milk yield, meat quality, disease resistance, and feed efficiency. Key players in North America focus on developing genetic solutions to enhance productivity, sustainability, and profitability.
- Europe: Europe is a mature market for animal genetics, with strict regulations and a focus on animal welfare. Countries like the UK, Germany, France, and the Netherlands are leading in adopting genetic technologies in livestock breeding and companion animal management. The region promotes genetic diversity, ethical breeding practices, and consumer transparency, influencing market dynamics and regulatory standards in animal genetics.
- Asia-Pacific: The Asia Pacific region is a growing market in animal genetics due to protein-rich diets and livestock productivity improvements. Key contributors include China, India, Japan, and Australia. The region’s agricultural sector uses genetic technologies to address food security, disease management, and environmental sustainability.
- LAMEA (Latin America, Middle East, and Africa): LAMEA is a growing global animal genetics market, dominated by Latin American countries like Brazil, Argentina, and Mexico. Its growth is driven by consumer demand for high-quality animal protein and genetic testing technologies. However, challenges like infrastructure and regulatory complexities need to be addressed for sustainable development.
Competitive Landscape – Animal Genetics Market
The Animal Genetics Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- Alta Genetics Inc.
- Animal Genetics Inc.
- CRV Holding
- Envigo
- EW Group GmbH
- Genus PLC
- Groupe Grimaud
- Hendrik Genetics
- Neogen Corporation
- Sandor Animall Biogenics Pvt. Ltd.
- Superior Animal Genetics
- Topigs Norsin Holding BV
- URUS
- Vetgen
- Zoetis Inc.
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
New players entering the Animal Genetics market are adopting innovation and development to differentiate themselves and gain traction. These players often focus on developing novel genetic testing technologies, expanding product portfolios, forming strategic partnerships and collaborations, and emphasizing sustainability and animal welfare. New market players may be offering comprehensive solutions that combine genetic testing, breeding programs, animal health services, and data analytics to provide a holistic approach to animal genetics.
The Animal Genetics Market is segmented as follows:
By Animal Type
- Poultry
- Porcine
- Bovine
- Canine
- Feline
- Others
By Genetic Method
- Semen
- Embryos
- Live Animals
- Genetic Testing
By Service Type
- Genetic Trait Testing
- Genetic Disease Testing
- Animal Genetic Products
- Others
By Application
- Dairy Production
- Meat Production
- Poultry Production
- Aquaculture
- Companion Animals
- Others
By End User
- Veterinary Hospitals & Clinics
- Animal Breeding Centers
- Research Centers & Institutes
- Diagnostic Centers
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 Genetics Market, (2024 – 2033) (USD Billion)
- 2.2 Global Animal Genetics Market: snapshot
- Chapter 3. Global Animal Genetics Market – Industry Analysis
- 3.1 Animal Genetics Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Consumption of Animal Derived Protein and Dairy Products
- 3.2.2 Rising Focus on Animal Health and Productivity
- 3.2.3 Advancements in Genetic Technologies
- 3.2.4 Prevention of Genetic Diseases Through Advanced Genetic Services
- 3.2.5 Growing Awareness Regarding Animal Health and Benefits of Animal Genetic Tests and Products
- 3.2.6 Rising adoption of companion animals.
- 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 Animal Type
- 3.7.2 Market Attractiveness Analysis By Genetic Method
- 3.7.3 Market Attractiveness Analysis By Service Type
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By End User
- Chapter 4. Global Animal Genetics Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Animal Genetics Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Animal Genetics Market – Animal Type Analysis
- 5.1 Global Animal Genetics Market Overview: By Animal Type
- 5.1.1 Global Animal Genetics Market Share, By Animal Type, 2023 and 2033
- 5.2 Poultry
- 5.2.1 Global Animal Genetics Market by Poultry, 2024 – 2033 (USD Billion)
- 5.3 Porcine
- 5.3.1 Global Animal Genetics Market by Porcine, 2024 – 2033 (USD Billion)
- 5.4 Bovine
- 5.4.1 Global Animal Genetics Market by Bovine, 2024 – 2033 (USD Billion)
- 5.5 Canine
- 5.5.1 Global Animal Genetics Market by Canine, 2024 – 2033 (USD Billion)
- 5.6 Feline
- 5.6.1 Global Animal Genetics Market by Feline, 2024 – 2033 (USD Billion)
- 5.7 Others
- 5.7.1 Global Animal Genetics Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Animal Genetics Market Overview: By Animal Type
- Chapter 6. Global Animal Genetics Market – Genetic Method Analysis
- 6.1 Global Animal Genetics Market Overview: By Genetic Method
- 6.1.1 Global Animal Genetics Market Share, By Genetic Method, 2023 and 2033
- 6.2 Semen
- 6.2.1 Global Animal Genetics Market by Semen, 2024 – 2033 (USD Billion)
- 6.3 Embryos
- 6.3.1 Global Animal Genetics Market by Embryos, 2024 – 2033 (USD Billion)
- 6.4 Live Animals
- 6.4.1 Global Animal Genetics Market by Live Animals, 2024 – 2033 (USD Billion)
- 6.5 Genetic Testing
- 6.5.1 Global Animal Genetics Market by Genetic Testing, 2024 – 2033 (USD Billion)
- 6.1 Global Animal Genetics Market Overview: By Genetic Method
- Chapter 7. Global Animal Genetics Market – Service Type Analysis
- 7.1 Global Animal Genetics Market Overview: By Service Type
- 7.1.1 Global Animal Genetics Market Share, By Service Type, 2023 and 2033
- 7.2 Genetic Trait Testing
- 7.2.1 Global Animal Genetics Market by Genetic Trait Testing, 2024 – 2033 (USD Billion)
- 7.3 Genetic Disease Testing
- 7.3.1 Global Animal Genetics Market by Genetic Disease Testing, 2024 – 2033 (USD Billion)
- 7.4 Animal Genetic Products
- 7.4.1 Global Animal Genetics Market by Animal Genetic Products, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Global Animal Genetics Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Animal Genetics Market Overview: By Service Type
- Chapter 8. Global Animal Genetics Market – Application Analysis
- 8.1 Global Animal Genetics Market Overview: By Application
- 8.1.1 Global Animal Genetics Market Share, By Application, 2023 and 2033
- 8.2 Dairy Production
- 8.2.1 Global Animal Genetics Market by Dairy Production, 2024 – 2033 (USD Billion)
- 8.3 Meat Production
- 8.3.1 Global Animal Genetics Market by Meat Production, 2024 – 2033 (USD Billion)
- 8.4 Poultry Production
- 8.4.1 Global Animal Genetics Market by Poultry Production, 2024 – 2033 (USD Billion)
- 8.5 Aquaculture
- 8.5.1 Global Animal Genetics Market by Aquaculture, 2024 – 2033 (USD Billion)
- 8.6 Companion Animals
- 8.6.1 Global Animal Genetics Market by Companion Animals, 2024 – 2033 (USD Billion)
- 8.7 Others
- 8.7.1 Global Animal Genetics Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Animal Genetics Market Overview: By Application
- Chapter 9. Global Animal Genetics Market – End User Analysis
- 9.1 Global Animal Genetics Market Overview: By End User
- 9.1.1 Global Animal Genetics Market Share, By End User, 2023 and 2033
- 9.2 Veterinary Hospitals & Clinics
- 9.2.1 Global Animal Genetics Market by Veterinary Hospitals & Clinics, 2024 – 2033 (USD Billion)
- 9.3 Animal Breeding Centers
- 9.3.1 Global Animal Genetics Market by Animal Breeding Centers, 2024 – 2033 (USD Billion)
- 9.4 Research Centers & Institutes
- 9.4.1 Global Animal Genetics Market by Research Centers & Institutes, 2024 – 2033 (USD Billion)
- 9.5 Diagnostic Centers
- 9.5.1 Global Animal Genetics Market by Diagnostic Centers, 2024 – 2033 (USD Billion)
- 9.1 Global Animal Genetics Market Overview: By End User
- Chapter 10. Animal Genetics Market – Regional Analysis
- 10.1 Global Animal Genetics Market Regional Overview
- 10.2 Global Animal Genetics Market Share, by Region, 2023 & 2033 (USD Billion)
- 10.3. North America
- 10.3.1 North America Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.3.1.1 North America Animal Genetics Market, by Country, 2024 – 2033 (USD Billion)
- 10.3.1 North America Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.4 North America Animal Genetics Market, by Animal Type, 2024 – 2033
- 10.4.1 North America Animal Genetics Market, by Animal Type, 2024 – 2033 (USD Billion)
- 10.5 North America Animal Genetics Market, by Genetic Method, 2024 – 2033
- 10.5.1 North America Animal Genetics Market, by Genetic Method, 2024 – 2033 (USD Billion)
- 10.6 North America Animal Genetics Market, by Service Type, 2024 – 2033
- 10.6.1 North America Animal Genetics Market, by Service Type, 2024 – 2033 (USD Billion)
- 10.7 North America Animal Genetics Market, by Application, 2024 – 2033
- 10.7.1 North America Animal Genetics Market, by Application, 2024 – 2033 (USD Billion)
- 10.8 North America Animal Genetics Market, by End User, 2024 – 2033
- 10.8.1 North America Animal Genetics Market, by End User, 2024 – 2033 (USD Billion)
- 10.9. Europe
- 10.9.1 Europe Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.9.1.1 Europe Animal Genetics Market, by Country, 2024 – 2033 (USD Billion)
- 10.9.1 Europe Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.10 Europe Animal Genetics Market, by Animal Type, 2024 – 2033
- 10.10.1 Europe Animal Genetics Market, by Animal Type, 2024 – 2033 (USD Billion)
- 10.11 Europe Animal Genetics Market, by Genetic Method, 2024 – 2033
- 10.11.1 Europe Animal Genetics Market, by Genetic Method, 2024 – 2033 (USD Billion)
- 10.12 Europe Animal Genetics Market, by Service Type, 2024 – 2033
- 10.12.1 Europe Animal Genetics Market, by Service Type, 2024 – 2033 (USD Billion)
- 10.13 Europe Animal Genetics Market, by Application, 2024 – 2033
- 10.13.1 Europe Animal Genetics Market, by Application, 2024 – 2033 (USD Billion)
- 10.14 Europe Animal Genetics Market, by End User, 2024 – 2033
- 10.14.1 Europe Animal Genetics Market, by End User, 2024 – 2033 (USD Billion)
- 10.15. Asia Pacific
- 10.15.1 Asia Pacific Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.15.1.1 Asia Pacific Animal Genetics Market, by Country, 2024 – 2033 (USD Billion)
- 10.15.1 Asia Pacific Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.16 Asia Pacific Animal Genetics Market, by Animal Type, 2024 – 2033
- 10.16.1 Asia Pacific Animal Genetics Market, by Animal Type, 2024 – 2033 (USD Billion)
- 10.17 Asia Pacific Animal Genetics Market, by Genetic Method, 2024 – 2033
- 10.17.1 Asia Pacific Animal Genetics Market, by Genetic Method, 2024 – 2033 (USD Billion)
- 10.18 Asia Pacific Animal Genetics Market, by Service Type, 2024 – 2033
- 10.18.1 Asia Pacific Animal Genetics Market, by Service Type, 2024 – 2033 (USD Billion)
- 10.19 Asia Pacific Animal Genetics Market, by Application, 2024 – 2033
- 10.19.1 Asia Pacific Animal Genetics Market, by Application, 2024 – 2033 (USD Billion)
- 10.20 Asia Pacific Animal Genetics Market, by End User, 2024 – 2033
- 10.20.1 Asia Pacific Animal Genetics Market, by End User, 2024 – 2033 (USD Billion)
- 10.21. Latin America
- 10.21.1 Latin America Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.21.1.1 Latin America Animal Genetics Market, by Country, 2024 – 2033 (USD Billion)
- 10.21.1 Latin America Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.22 Latin America Animal Genetics Market, by Animal Type, 2024 – 2033
- 10.22.1 Latin America Animal Genetics Market, by Animal Type, 2024 – 2033 (USD Billion)
- 10.23 Latin America Animal Genetics Market, by Genetic Method, 2024 – 2033
- 10.23.1 Latin America Animal Genetics Market, by Genetic Method, 2024 – 2033 (USD Billion)
- 10.24 Latin America Animal Genetics Market, by Service Type, 2024 – 2033
- 10.24.1 Latin America Animal Genetics Market, by Service Type, 2024 – 2033 (USD Billion)
- 10.25 Latin America Animal Genetics Market, by Application, 2024 – 2033
- 10.25.1 Latin America Animal Genetics Market, by Application, 2024 – 2033 (USD Billion)
- 10.26 Latin America Animal Genetics Market, by End User, 2024 – 2033
- 10.26.1 Latin America Animal Genetics Market, by End User, 2024 – 2033 (USD Billion)
- 10.27. The Middle-East and Africa
- 10.27.1 The Middle-East and Africa Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.27.1.1 The Middle-East and Africa Animal Genetics Market, by Country, 2024 – 2033 (USD Billion)
- 10.27.1 The Middle-East and Africa Animal Genetics Market, 2024 – 2033 (USD Billion)
- 10.28 The Middle-East and Africa Animal Genetics Market, by Animal Type, 2024 – 2033
- 10.28.1 The Middle-East and Africa Animal Genetics Market, by Animal Type, 2024 – 2033 (USD Billion)
- 10.29 The Middle-East and Africa Animal Genetics Market, by Genetic Method, 2024 – 2033
- 10.29.1 The Middle-East and Africa Animal Genetics Market, by Genetic Method, 2024 – 2033 (USD Billion)
- 10.30 The Middle-East and Africa Animal Genetics Market, by Service Type, 2024 – 2033
- 10.30.1 The Middle-East and Africa Animal Genetics Market, by Service Type, 2024 – 2033 (USD Billion)
- 10.31 The Middle-East and Africa Animal Genetics Market, by Application, 2024 – 2033
- 10.31.1 The Middle-East and Africa Animal Genetics Market, by Application, 2024 – 2033 (USD Billion)
- 10.32 The Middle-East and Africa Animal Genetics Market, by End User, 2024 – 2033
- 10.32.1 The Middle-East and Africa Animal Genetics Market, by End User, 2024 – 2033 (USD Billion)
- Chapter 11. Company Profiles
- 11.1 Alta Genetics Inc.
- 11.1.1 Overview
- 11.1.2 Financials
- 11.1.3 Product Portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Animal Genetics Inc.
- 11.2.1 Overview
- 11.2.2 Financials
- 11.2.3 Product Portfolio
- 11.2.4 Business Strategy
- 11.2.5 Recent Developments
- 11.3 CRV Holding
- 11.3.1 Overview
- 11.3.2 Financials
- 11.3.3 Product Portfolio
- 11.3.4 Business Strategy
- 11.3.5 Recent Developments
- 11.4 Envigo
- 11.4.1 Overview
- 11.4.2 Financials
- 11.4.3 Product Portfolio
- 11.4.4 Business Strategy
- 11.4.5 Recent Developments
- 11.5 EW Group GmbH
- 11.5.1 Overview
- 11.5.2 Financials
- 11.5.3 Product Portfolio
- 11.5.4 Business Strategy
- 11.5.5 Recent Developments
- 11.6 Genus PLC
- 11.6.1 Overview
- 11.6.2 Financials
- 11.6.3 Product Portfolio
- 11.6.4 Business Strategy
- 11.6.5 Recent Developments
- 11.7 Groupe Grimaud
- 11.7.1 Overview
- 11.7.2 Financials
- 11.7.3 Product Portfolio
- 11.7.4 Business Strategy
- 11.7.5 Recent Developments
- 11.8 Hendrik Genetics
- 11.8.1 Overview
- 11.8.2 Financials
- 11.8.3 Product Portfolio
- 11.8.4 Business Strategy
- 11.8.5 Recent Developments
- 11.9 Neogen Corporation
- 11.9.1 Overview
- 11.9.2 Financials
- 11.9.3 Product Portfolio
- 11.9.4 Business Strategy
- 11.9.5 Recent Developments
- 11.10 Sandor Animall Biogenics Pvt. Ltd.
- 11.10.1 Overview
- 11.10.2 Financials
- 11.10.3 Product Portfolio
- 11.10.4 Business Strategy
- 11.10.5 Recent Developments
- 11.11 Superior Animal Genetics
- 11.11.1 Overview
- 11.11.2 Financials
- 11.11.3 Product Portfolio
- 11.11.4 Business Strategy
- 11.11.5 Recent Developments
- 11.12 Topigs Norsin Holding BV
- 11.12.1 Overview
- 11.12.2 Financials
- 11.12.3 Product Portfolio
- 11.12.4 Business Strategy
- 11.12.5 Recent Developments
- 11.13 URUS
- 11.13.1 Overview
- 11.13.2 Financials
- 11.13.3 Product Portfolio
- 11.13.4 Business Strategy
- 11.13.5 Recent Developments
- 11.14 Vetgen
- 11.14.1 Overview
- 11.14.2 Financials
- 11.14.3 Product Portfolio
- 11.14.4 Business Strategy
- 11.14.5 Recent Developments
- 11.15 Zoetis Inc.
- 11.15.1 Overview
- 11.15.2 Financials
- 11.15.3 Product Portfolio
- 11.15.4 Business Strategy
- 11.15.5 Recent Developments
- 11.16 Others.
- 11.16.1 Overview
- 11.16.2 Financials
- 11.16.3 Product Portfolio
- 11.16.4 Business Strategy
- 11.16.5 Recent Developments
- 11.1 Alta Genetics Inc.
List Of Figures
Figures No 1 to 44
List Of Tables
Tables No 1 to 127
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 2033
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 |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Alta Genetics Inc.
- Animal Genetics Inc.
- CRV Holding
- Envigo
- EW Group GmbH
- Genus PLC
- Groupe Grimaud
- Hendrik Genetics
- Neogen Corporation
- Sandor Animall Biogenics Pvt. Ltd.
- Superior Animal Genetics
- Topigs Norsin Holding BV
- URUS
- Vetgen
- Zoetis Inc.
- Others
FAQs
The key factors driving the Market are Increasing Consumption of Animal Derived Protein and Dairy Products, Rising Focus on Animal Health and Productivity, Advancements in genetic technologies, Prevention of Genetic Diseases Through Advanced Genetic Services, Growing Awareness Regarding Animal Health and Benefits of Animal Genetic Tests and Products, Rising adoption of companion animals.
The “Dairy Production” had the largest share in the global market for Animal Genetics.
The “Poultry” category dominated the market in 2023.
The key players in the market are Alta Genetics Inc., Animal Genetics Inc., CRV Holding, Envigo, EW Group GmbH, Genus PLC, Groupe Grimaud, Hendrik Genetics, Neogen Corporation, Sandor Animall Biogenics Pvt. Ltd., Superior Animal Genetics, Topigs Norsin Holding BV, URUS, Vetgen, Zoetis Inc., Others.
“North America” had the largest share in the Animal Genetics Market.
The global market is projected to grow at a CAGR of 5.89% during the forecast period, 2024-2033.
The Animal Genetics Market size was valued at USD 6.8 Billion in 2024.