Animal Genetics is a branch of genetics that studies heredity and variation in farm, domestic and wild animals. The global animal genetics market is expected to grow at a CAGR of 8.4% to reach $7.60 Billion by 2025, from $4.68 Billion in 2019 during 2019-2025. The primary factors driving the market growth are increasing consumer demand for animal-derived protein, increased adoption of advanced genetic technologies and rising focus on identifying superior breeds. Economic sustainability in local breeds and a shortage of skilled professionals in veterinary research are the major restraints hampering the growth of the market. Innovations in phenotyping services and untapped market potential in developing countries are generating major opportunities for the growth of the market.
Research Study Objectives:
- Define, estimate, and forecast the Animal Genetics market statistics by application and regions concerning the individual growth drivers, market trends and their contribution toward the Animal Genetics market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Animal Genetics Market Analysis
- Analysis and conclusions on the future Animal Genetics market outlook.
Top-down and bottom-up approaches are used to validate the Animal Genetics Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are
estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Animal Genetics Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Animal Genetics market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Animal Genetics market segmentation is as follows:
BY APPLICATION
- Animal Genetics Products
- Live Animals
- Poultry
- Porcine
- Bovines
- Canine
- Other Animals
- Genetic Material
- Semen
- Bovine Semen
- Porcine Semen
- Canine Semen
- Equine Semen
- Other Animals
- Embryos
- Bovine Embryos
- Equine Embryos
- Other Animal Embryos
- Animal Genetic Testing Services
- DNA Typing
- Genetic Trait Tests
- Genetic Disease Tests
- Others
Geographical Analysis:
Animal Genetics Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle
East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Animal Genetics Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Animal Genetics Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Animal Genetics market players, such as
- CRV Holding B.V.
- Neogen Corporation
- Zoetis, Inc.
- Alta Genetics Inc.
- Genex Coopearative, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Animal Genetics competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
