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Global Animal Genetics Sales Market Report 2023
SKU ID : QYR-23316691 | Publishing Date : 27-Mar-2023 | No. of pages : 115
Animal Genetics is a branch of genetics that studies heredity and variation chiefly in farm animals but also in domestic and wild animals. It is based on general genetic principles and concepts, and it mainly uses the hybrid, cytological, population, ontogenetic, mathematical-statistical, and twin methods of general genetics.
Animal breeding or genetics is the area of science where experts are trying to steer the frequency of certain genes by combining the most superior or desired individual animals to be the parents of the next generation. This process is focused on getting improved offspring who are on average better than the previous generation.
Market Analysis and Insights: Global Animal Genetics Market
Due to the COVID-19 pandemic, the global Animal Genetics market size is estimated to be worth US$ 5097 million in 2022 and is forecast to a readjusted size of US$ 8675.8 million by 2029 with a CAGR of 7.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Animal Genetics Products accounting for % of the Animal Genetics global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Poultry segment is altered to an % CAGR throughout this forecast period.
Global Animal Genetics key players include Genus PLC, Hendrix Genetics, EW Group, Zoetis, etc. Global top four manufacturers hold a share about 50%.
North America is the largest market, with a share over 35%, followed by Europe, and Asia-Pacific, both have a share over 50 percent.
In terms of product, Animal Genetics Products is the largest segment, with a share over 70%. And in terms of application, the largest application is Porcine, followed by Bovine, Poultry, etc.
Global Animal Genetics Scope and Market Size
The global Animal Genetics market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Animal Genetics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Animal Genetics Products
Animal Genetics Testing Services
Segment by Application
Poultry
Porcine
Bovine
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo
Animal breeding or genetics is the area of science where experts are trying to steer the frequency of certain genes by combining the most superior or desired individual animals to be the parents of the next generation. This process is focused on getting improved offspring who are on average better than the previous generation.
Market Analysis and Insights: Global Animal Genetics Market
Due to the COVID-19 pandemic, the global Animal Genetics market size is estimated to be worth US$ 5097 million in 2022 and is forecast to a readjusted size of US$ 8675.8 million by 2029 with a CAGR of 7.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Animal Genetics Products accounting for % of the Animal Genetics global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Poultry segment is altered to an % CAGR throughout this forecast period.
Global Animal Genetics key players include Genus PLC, Hendrix Genetics, EW Group, Zoetis, etc. Global top four manufacturers hold a share about 50%.
North America is the largest market, with a share over 35%, followed by Europe, and Asia-Pacific, both have a share over 50 percent.
In terms of product, Animal Genetics Products is the largest segment, with a share over 70%. And in terms of application, the largest application is Porcine, followed by Bovine, Poultry, etc.
Global Animal Genetics Scope and Market Size
The global Animal Genetics market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Animal Genetics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Animal Genetics Products
Animal Genetics Testing Services
Segment by Application
Poultry
Porcine
Bovine
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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