.jpg&w=3840&q=100)
Market
Insights
Reports delivered globally, covering a wide range of industries and sectors.
Clients who trust our expertise and rely on our insights for business decisions.
Managed Reports, ensuring seamless updates and premium service.
Satisfied Customers, committed to delivering exceptional value and quality.
Animal Genetics Market Decade Long Trends, Analysis and Forecast 2025-2033
Animal Genetics Market by Market Size, Animal Type (Canine, Porcine, Poultry, Bovine, Other animals), by Market Size, Service Type (DNA typing, Genetic trait testing, Genetic disease tests), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, The Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa) Forecast 2025-2033
Animal Genetics Market Decade Long Trends, Analysis and Forecast 2025-2033
Key Insights
The size of the Animal Genetics Market was valued at USD 4.7 Billion in 2023 and is projected to reach USD 7.07 Billion by 2032, with an expected CAGR of 6% during the forecast period. The Animal Genetics Market centers on utilizing genetic technologies to enhance the breeding, health, and productivity of animals. This market encompasses genetic testing, gene modification, and the creation of sophisticated breeding initiatives for livestock, pets, and equines. It includes items such as DNA testing kits, genetic materials (semen, embryos), and genomic services aimed at identifying favorable traits, disease resilience, and performance enhancement in animals. The increasing need for superior livestock, enhanced breeding efficiency, and improved animal health management is fueling the growth of the market. Moreover, the growing use of genetic innovations to boost efficiency in agriculture and satisfy the escalating global food needs is a significant driver of growth. As livestock breeders and farmers concentrate on enhancing output while prioritizing animal welfare, genetic resources are increasingly essential for refining breeding choices. Technological progress, like gene editing (CRISPR), and the growing focus on sustainable and precision agriculture techniques are additionally driving the market. The Animal Genetics Market is projected to expand significantly as the demand for better genetic characteristics, efficiency, and resistance to diseases in animals keeps increasing.
Animal Genetics Market Concentration & Characteristics
The Animal Genetics Market is moderately concentrated, with a few prominent players commanding a substantial market share. The market landscape is characterized by:
- Innovation: Leading companies prioritize research and development (R&D) to introduce groundbreaking products and technologies.
- Regulations: The market is closely monitored by regulatory authorities to ensure the responsible and ethical application of genetic technologies.
- Product Substitutes: While direct substitutes for animal genetics are limited, advancements in alternative breeding methods could pose future competition.
- End User Focus: The primary drivers of the market are end users within the livestock and poultry sectors.
- M&A Activity: The market has witnessed strategic mergers and acquisitions as companies seek to expand their portfolio and enhance their market presence.
Animal Genetics Market Trends
Key market trends shaping the Animal Genetics Market include:
- Precision Breeding: Advanced genetic technologies enable breeders to select for specific traits, improving animal health and productivity.
- Genetic Trait Selection: DNA testing and genotyping allow farmers to identify desirable traits and make informed breeding decisions.
- Disease Prevention and Control: Genetic testing helps detect genetic diseases and carriers, reducing disease prevalence and improving animal welfare.
- Personalized Nutrition: Genetic insights can optimize feed formulations based on individual animal requirements, enhancing nutrient utilization and reducing feed costs.
Key Region or Country & Segment to Dominate the Market
Dominant Region: North America is currently the largest market for animal genetics, driven by advanced agriculture practices and government support.
Dominant Segment: The bovine segment is expected to hold the largest market share due to its significant contribution to global meat and dairy production.
Other Important Segments: Other key segments include:
- Animal Type: Canine, porcine, poultry, and other animals
- Service Type: DNA typing, genetic trait testing, and genetic disease tests
Animal Genetics Market Product Insights Report Coverage & Deliverables
A comprehensive Animal Genetics Market report typically includes the following:
- Detailed market size and growth projections
- Analysis of market drivers, challenges, and trends
- In-depth market segmentation by animal type, service type, and region
- Profiles of key market players and their competitive landscape
- Value chain analysis and forecast
- Future market outlook and growth opportunities
Animal Genetics Market Analysis
Market Size and Growth: The global Animal Genetics Market size was valued at 4.7 Billion in 2023 and is projected to grow to 7.9 Billion by 2030.
Market Share: Zoetis holds the largest market share, followed by Genus plc and Hendrix Genetics BV.
Growth Drivers: Key growth drivers include government initiatives, rising food security concerns, and technological advancements.
Animal Genetics Market Regional Insights
North America: A dominant region with advanced agricultural practices and government support initiatives.
Europe: A significant market characterized by high livestock production and stringent regulatory frameworks.
Asia Pacific: A rapidly growing region driven by increasing demand for meat and dairy products.
Latin America: An emerging market with promising growth potential in the animal genetics sector.
Middle East & Africa: A smaller market with expected growth due to government investments in agriculture.
Driving Forces: What's Propelling the Animal Genetics Market
- Government Initiatives: Governments worldwide are promoting sustainable agriculture practices and investing in genetic technologies.
- Food Security Concerns: Rising global population and food demand are driving demand for improved agricultural productivity and efficiency.
- Technological Advancements: Innovations in DNA sequencing, genotyping, and gene editing are revolutionizing the animal genetics industry.
Challenges and Restraints in Animal Genetics Market
- Ethical Concerns: Public skepticism and ethical concerns about the use of genetic modifications in animals.
- Regulatory Barriers: Stringent regulatory frameworks and approval processes for genetically modified organisms (GMOs).
- Cost of Testing and Evaluation: Genetic testing and evaluation can be expensive for farmers, especially in developing countries.
Emerging Trends in Animal Genetics Market
- Next-Generation Sequencing (NGS): Advanced sequencing technologies enable more accurate, comprehensive, and cost-effective genetic analysis.
- Genomic Selection: This technique utilizes genetic markers to determine breeding values, allowing for targeted genetic improvements and accelerated progress.
- CRISPR-Cas9 Gene Editing: This breakthrough technology enables precise genetic modifications, revolutionizing animal breeding by introducing desirable traits and eliminating inherited diseases.
Market Segmentation: Animal Genetics
Animal Type:
- Canine
- Porcine
- Poultry
- Bovine
- Other animals
Service Type:
- DNA typing
- Genetic trait testing
- Genetic disease tests
Animal Genetics Industry News
- March 2023: Genetics Australia enters a joint venture with URUS Group to enhance the sustainability and genetic improvement of Australian dairy and beef herds.
- January 2023: Zoetis collaborates with VAS to integrate genomic data into the PULSE Platform and DairyComp herd management software.
Leading Players in the Animal Genetics Market
Animal Genetics Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 6% from 2019-2033 |
| Segmentation |
|
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 Rising demand for animal-derived protein across the globe
- 3.2.2 Increased adoption of advanced genetic technologies for large-scale production and quality breeds in developed countries
- 3.2.3 Rising R&D investments to produce healthier food and milk products from livestock animals
- 3.3. Market Restrains
- 3.3.1. Shortage of skilled professionals in veterinary research
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Animal Genetics Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 5.1.1. Canine
- 5.1.2. Porcine
- 5.1.3. Poultry
- 5.1.4. Bovine
- 5.1.5. Other animals
- 5.2. Market Analysis, Insights and Forecast - by Market Size, Service Type
- 5.2.1. DNA typing
- 5.2.2. Genetic trait testing
- 5.2.3. Genetic disease tests
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East & Africa
- 5.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 6. North America Animal Genetics Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 6.1.1. Canine
- 6.1.2. Porcine
- 6.1.3. Poultry
- 6.1.4. Bovine
- 6.1.5. Other animals
- 6.2. Market Analysis, Insights and Forecast - by Market Size, Service Type
- 6.2.1. DNA typing
- 6.2.2. Genetic trait testing
- 6.2.3. Genetic disease tests
- 6.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 7. Europe Animal Genetics Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 7.1.1. Canine
- 7.1.2. Porcine
- 7.1.3. Poultry
- 7.1.4. Bovine
- 7.1.5. Other animals
- 7.2. Market Analysis, Insights and Forecast - by Market Size, Service Type
- 7.2.1. DNA typing
- 7.2.2. Genetic trait testing
- 7.2.3. Genetic disease tests
- 7.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 8. Asia Pacific Animal Genetics Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 8.1.1. Canine
- 8.1.2. Porcine
- 8.1.3. Poultry
- 8.1.4. Bovine
- 8.1.5. Other animals
- 8.2. Market Analysis, Insights and Forecast - by Market Size, Service Type
- 8.2.1. DNA typing
- 8.2.2. Genetic trait testing
- 8.2.3. Genetic disease tests
- 8.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 9. Latin America Animal Genetics Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 9.1.1. Canine
- 9.1.2. Porcine
- 9.1.3. Poultry
- 9.1.4. Bovine
- 9.1.5. Other animals
- 9.2. Market Analysis, Insights and Forecast - by Market Size, Service Type
- 9.2.1. DNA typing
- 9.2.2. Genetic trait testing
- 9.2.3. Genetic disease tests
- 9.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 10. Middle East & Africa Animal Genetics Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 10.1.1. Canine
- 10.1.2. Porcine
- 10.1.3. Poultry
- 10.1.4. Bovine
- 10.1.5. Other animals
- 10.2. Market Analysis, Insights and Forecast - by Market Size, Service Type
- 10.2.1. DNA typing
- 10.2.2. Genetic trait testing
- 10.2.3. Genetic disease tests
- 10.1. Market Analysis, Insights and Forecast - by Market Size, Animal Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Zoetis
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Genus plc
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Hendrix Genetics BV
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 NEOGEN CORPORATION
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Envigo
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 VetGen
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 CRV Ambreed
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 EasyDNA
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 TOPIGS NORSVIN
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Animal Genetics Inc.
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Zoetis
- Figure 1: Global Animal Genetics Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
- Figure 2: North America Animal Genetics Market Revenue (Billion), by Market Size, Animal Type 2024 & 2032
- Figure 3: North America Animal Genetics Market Revenue Share (%), by Market Size, Animal Type 2024 & 2032
- Figure 4: North America Animal Genetics Market Revenue (Billion), by Market Size, Service Type 2024 & 2032
- Figure 5: North America Animal Genetics Market Revenue Share (%), by Market Size, Service Type 2024 & 2032
- Figure 6: North America Animal Genetics Market Revenue (Billion), by Country 2024 & 2032
- Figure 7: North America Animal Genetics Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: Europe Animal Genetics Market Revenue (Billion), by Market Size, Animal Type 2024 & 2032
- Figure 9: Europe Animal Genetics Market Revenue Share (%), by Market Size, Animal Type 2024 & 2032
- Figure 10: Europe Animal Genetics Market Revenue (Billion), by Market Size, Service Type 2024 & 2032
- Figure 11: Europe Animal Genetics Market Revenue Share (%), by Market Size, Service Type 2024 & 2032
- Figure 12: Europe Animal Genetics Market Revenue (Billion), by Country 2024 & 2032
- Figure 13: Europe Animal Genetics Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Asia Pacific Animal Genetics Market Revenue (Billion), by Market Size, Animal Type 2024 & 2032
- Figure 15: Asia Pacific Animal Genetics Market Revenue Share (%), by Market Size, Animal Type 2024 & 2032
- Figure 16: Asia Pacific Animal Genetics Market Revenue (Billion), by Market Size, Service Type 2024 & 2032
- Figure 17: Asia Pacific Animal Genetics Market Revenue Share (%), by Market Size, Service Type 2024 & 2032
- Figure 18: Asia Pacific Animal Genetics Market Revenue (Billion), by Country 2024 & 2032
- Figure 19: Asia Pacific Animal Genetics Market Revenue Share (%), by Country 2024 & 2032
- Figure 20: Latin America Animal Genetics Market Revenue (Billion), by Market Size, Animal Type 2024 & 2032
- Figure 21: Latin America Animal Genetics Market Revenue Share (%), by Market Size, Animal Type 2024 & 2032
- Figure 22: Latin America Animal Genetics Market Revenue (Billion), by Market Size, Service Type 2024 & 2032
- Figure 23: Latin America Animal Genetics Market Revenue Share (%), by Market Size, Service Type 2024 & 2032
- Figure 24: Latin America Animal Genetics Market Revenue (Billion), by Country 2024 & 2032
- Figure 25: Latin America Animal Genetics Market Revenue Share (%), by Country 2024 & 2032
- Figure 26: Middle East & Africa Animal Genetics Market Revenue (Billion), by Market Size, Animal Type 2024 & 2032
- Figure 27: Middle East & Africa Animal Genetics Market Revenue Share (%), by Market Size, Animal Type 2024 & 2032
- Figure 28: Middle East & Africa Animal Genetics Market Revenue (Billion), by Market Size, Service Type 2024 & 2032
- Figure 29: Middle East & Africa Animal Genetics Market Revenue Share (%), by Market Size, Service Type 2024 & 2032
- Figure 30: Middle East & Africa Animal Genetics Market Revenue (Billion), by Country 2024 & 2032
- Figure 31: Middle East & Africa Animal Genetics Market Revenue Share (%), by Country 2024 & 2032
- Table 1: Global Animal Genetics Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 2: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Animal Type 2019 & 2032
- Table 3: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Service Type 2019 & 2032
- Table 4: Global Animal Genetics Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 5: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Animal Type 2019 & 2032
- Table 6: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Service Type 2019 & 2032
- Table 7: Global Animal Genetics Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 8: U.S. Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 9: Canada Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 10: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Animal Type 2019 & 2032
- Table 11: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Service Type 2019 & 2032
- Table 12: Global Animal Genetics Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 13: Germany Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 14: UK Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 15: France Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 16: Spain Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 17: Italy Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 18: The Netherlands Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 19: Rest of Europe Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 20: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Animal Type 2019 & 2032
- Table 21: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Service Type 2019 & 2032
- Table 22: Global Animal Genetics Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 23: China Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 24: Japan Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 25: India Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 26: Australia Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 27: Rest of Asia Pacific Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 28: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Animal Type 2019 & 2032
- Table 29: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Service Type 2019 & 2032
- Table 30: Global Animal Genetics Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 31: Brazil Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 32: Mexico Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 33: Argentina Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 34: Rest of Latin America Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 35: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Animal Type 2019 & 2032
- Table 36: Global Animal Genetics Market Revenue Billion Forecast, by Market Size, Service Type 2019 & 2032
- Table 37: Global Animal Genetics Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 38: South Africa Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 39: Saudi Arabia Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 40: UAE Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 41: Rest of Middle East & Africa Animal Genetics Market Revenue (Billion) Forecast, by Application 2019 & 2032
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Frequently Asked Questions
Related Reports
See the similar reports
About Market Insights Report
Market Insights Reports offers comprehensive market research reports and analysis, giving businesses important information about their clients, rivals, and sector to help them make well-informed decisions on operations, marketing, and business strategy. We offer a variety of services in addition to market research, data analysis, and strategy planning. In order to find opportunities and learn more about our competitors and the industry at large, we employ competitive analysis. To identify areas for development, we also evaluate our performance against that of our rivals. We can determine the places at which we can offer our clients the most value by performing value chain analysis.
Additionally, clients receive a thorough overview of their industry business environment. We can find trends that help us forecast future possibilities and threats by examining global macroeconomic dynamics and consumer behavior patterns. By analyzing their features and advantages, contrasting them with comparable items on the market, and evaluating both their quantitative and qualitative performance, we comprehensively evaluate our clients' products. This allows us to assist customers in determining how their goods compare to those of their rivals and in creating successful marketing plans. Our group has been successful in gaining a thorough grasp of our clients' requirements and offering them creative solutions. We currently provide services to more than 50 nations in Europe, the Middle East, Africa, Latin America, Asia Pacific, and North America. Because of our global reach, we have been able to establish trusting bonds with our partners and clients in various nations, improving customer service and forging a more cohesive worldwide presence.