Animal Genetics Market: Business Opportunities, Current Trends, Market Challenges in 2030

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The objectives of this study are to define, segment, and project the size of the Animal Genetics Market based on company, product type, application and key regions.

The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Animal Genetics Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

The global Animal Genetics Market is projected to reach USD 9.66 billion by 2027. With the help of genetic modification practices which are quite progressive over the recent past, the production of animals with changed breeds has become high, hence attracting investments from all the major consumers on a global scale. Placental mammal farmers area unit achieving high milk-and meat-production by leveraging animal genetic technology. With the assistance of strategic breeding, the placental mammal farmers have been able to bag comparatively higher gains, that is likely to broaden and drive the growth of the end-user base of the market.

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Segmental Analysis

The global Animal Genetics market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Animal Genetics sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Segments Covered in this report are:

  • Live Animals Outlook (Revenue, USD Billion; 2017-2027)

    • Porcine
    • Bovine
    • Poultry
    • Canine
    • Others
  • Genetic Materials Outlook (Revenue, USD Billion; 2017-2027)

    • Embryo
    • Semen
  • Services Type Outlook (Revenue, USD Billion; 2017-2027)

    • Genetic Trait Testing
    • Genetic Disease Testing
    • DNA Type Testing

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Competitive Outlook:

The global Animal Genetics market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Animal Genetics market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Key Companies Profiled in the Report:

Groupe Grimaud La Corbiere SA Genus Plc, Envigo Corporation, Topigs Norsvin, CRV Holding B.V, Hendrix Genetics BV, Zoetis, Inc, Urus, Animal Genetics, Inc., Neogen Corporation

Unfolding the prime factors prompting global market growth:

The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Animal Genetics market into a broad product spectrum.

The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.

A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.

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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Animal Genetics Market:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

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