0

Animal Genetics Market by Solution, End-user and Geography - Forecast and Analysis 2023-2027

  • Published: Jan 2023
  • Pages: 159
  • SKU: IRTNTR40040
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The animal genetics market is estimated to grow at a CAGR of 5.48% between 2022 and 2027. The size of the market is forecast to increase by USD 1,534.79 million. The growth of the market depends on serval factors, including the increased consumption of animal-derived food products, the growing focus on research and development in animal genomics, and the growing demand for genetic testing services to reduce livestock diseases.

This report extensively covers market segmentation by solution (live animal, genetic testing services, and genetic materials), end-user (research centers, hospitals and clinics, and diagnostic centers), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Animal Genetics Market During the Forecast Period?

Animal Genetics Market Size

To learn more about this report, Download Report Sample

Parent Market Analysis

Technavio categorizes the global animal genetics market as a part of the global healthcare supplies market that primarily covers manufacturers of medical products, including all categories of supplies, such as consumables and disposables, including safety needles, syringes, and catheters.  Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Animal Genetics Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growing demand for genetic testing services to reduce livestock diseases is notably driving the market growth, although factors such as the shortage of skilled professionals to perform genetic testing may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Animal Genetics Market Driver

The growing demand for genetic testing services to reduce livestock diseases is the key factor driving the global animal genetics market growth. The prevalence of infectious diseases such as African swine fever, brucellosis, East coast fever, African animal trypanosomiasis, Newcastle disease, porcine cysticercosis, and FMD is increasing globally. These diseases severely impact the livestock population by spreading as an epidemic with a high mortality rate. The mortality rate for certain animal diseases, such as African swine fever, African animal trypanosomiasis, and FMD, can be as high as 100%. This is adversely impacting the business of livestock breeders.

Hence, the demand for genetic testing services in the market is increasing globally to prevent the incidence of such infections. In order to meet the growing demand for infectious disease diagnosis in animals, vendors are focusing on offering genetic testing services. These services offer genetic testing for accurate disease diagnosis by identifying disease-causing pathogens, which helps in preventing the incidence and spread of infectious diseases among livestock. Hence, the increasing utilization of genetic testing services to reduce livestock diseases will drive the growth of the market during the forecast period.

Significant Animal Genetics Market Trend

The focus on the development of sustainable livestock is the primary trend in the global animal genetics market growth. Conventional livestock farming practices are highly intensive in environmental degradation and compromise animal welfare. UN countries that are adopting strategies to reduce greenhouse gas emissions are promoting the use of sustainable practices by deploying the use of animal genetic solutions. Vendors are focusing on utilizing such opportunities to offer sustainable solutions by becoming a part of such sustainable livestock development programs of governments.

For instance, Aviagen is a member of the European Forum of Farm Animal Breeders (EFFAB) that follows the Code of Good Practice for sustainable breeding. Such implementations for sustainable livestock farming have enabled vendors to develop and offer products that can sustain in multiple environments without compromising productivity. This is helping them to meet growing expectations of sustainable livestock developments, which will positively contribute to the growth of the market during the forecast period.

Major Animal Genetics Market Challenge

The shortage of skilled professionals to perform genetic testing is a major challenge to the global animal genetics market growth. The shortage of trained geneticists in the market has considerably impacted vendors to efficiently offer such genetic testing services with accuracy and reliability in results. For instance, according to the Bureau of Labour Statistics in the US, the demand for laboratory clinicians has grown by about 13% in 2018, almost double when compared with other sector requirements of skilled experts, which created a severe shortage of trained bio technicians.

However, as of 2018, South Africa has the presence of one medical geneticist for over 4-5 million population. Similarly, Latin America has presence of one medical geneticist for over 1-2 million population. Shrink in the number of accredited training programs and an aging workforce have been major contributors to the shortage of trained genetic experts. This shortage will hamper the growth of the market during the forecast period by reducing the efficiency of vendors in offering genetic testing and breeding solutions.

Key Animal Genetics Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Animal Genetics Market Share by Geography

Global Animal Genetics Market Customer Landscape

Who are the Major Animal Genetics Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

animalgenetics.us - The company offers a wide variety of tests for exotic birds, including DNA sexing, disease testing, and DNA genotyping. Also, the company offers DNA sexing, DNA typing, bird rings, digital egg monitors, and other services through this segment.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • AquaGen AS
  • Aviagen Group
  • Cooperatie Koninklijke CRV u.a.
  • EasyDNA
  • Envigo
  • Genetic Veterinary Sciences Inc.
  • Genex Cooperative
  • Genus Plc
  • Groupe Grimaud La Corbiere SA
  • Hendrix Genetics BV
  • Neogen Corp.
  • Sandor Group Of Co.
  • Superior Animal Genetics
  • Topigs Norsvin Holding B.V.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Animal Genetics Market?

The market share growth by the live animal segment will be significant during the forecast period. The live animal segment of the global animal genetics market includes genetically selected bovine, porcine, poultry, canine, reptiles, and felines. The growing development of a DNA library to perform genetic selection of different animal species and the increasing export of live animals are expected to drive the growth of the live animal segment.  

Animal Genetics Market Size

Get a glance at the market contribution of various segments Request a PDF Sample

The live animal segment was valued at USD 1,881.81 million in 2017 and continue to grow by 2021The vendors involved in the live animal business are offering non-genetically modified organisms (non-GMO) by using advanced genetic selection technologies such as single nucleotide polymorphism (SNP). The use of SNP largely relies on the development of a DNA library of concerned animals. Easy availability of animal genomic databases, such as the Canine Genome Project and Equine Genome Project, has eased the performance of SNP-based genetic selection to develop custom breeds. This has allowed vendors to offer live animal breeds with customized characters as per the requirements of livestock farmers and breeders.

Which are the Key Regions for the Animal Genetics Market?

Animal Genetics Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

North America is estimated to contribute 35% to the growth of the global market during the forecast period. Animal genetic solutions are in high demand in North America, owing to the increasing adoption of sustainable livestock management practices in countries such as the US and Canada. The share of revenue obtained from farm gate livestock receipts (revenues from the commodity sale in agriculture, payments program from government agencies, and payments received through private livestock insurance programs) is approximately between 40% and 50% of the agricultural revenue in Canada and the US. Primary livestock species such as pigs, turkeys, broilers, sheep, and goats contribute to this revenue share. Hence, the demand for animal genetic products for these species is high in North America.  

The COVID-19 pandemic severely affected the lives and livelihoods of many people in 2020. However, the initiation of mass vaccination drives, resumption of export-import between nations, and recommencement of full-fledge transportation revived the growth of the regional market in 2021. Moreover, growing demand for livestock, increasing R and D expense by vendors in the market in focus, and higher inclination toward pet ownership will further boost the growth of the regional animal genetics market during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Solution (Live animal, Genetic testing services, and Genetic materials), End-user (Research centers, Hospitals and clinics, and Diagnostic centers), and Geography (North America, Europe, Asia, and Rest of World (ROW)).

  • Solution Outlook (USD Million, 2017 - 2027)
    • Live animal
    • Genetic testing services
    • Genetic materials
  • End-user Outlook (USD Million, 2017 - 2027)
    • Research centers
    • Hospitals and clinics
    • Diagnostic centers
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • ROW
      • Australia
      • Argentina
      • Rest of the world

Animal Genetics Market Scope

Report Coverage

Details

Page number

159

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.48%

Market growth 2023-2027

USD 1,534.79 million

Market structure

Concentrated

YoY growth 2022-2023(%)

5.06

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 35%

Key countries

US, Germany, UK, France, and China

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Animal Genetics Inc., AquaGen AS, Aviagen Group, Cooperatie Koninklijke CRV u.a., EasyDNA, Envigo, Genetic Veterinary Sciences Inc., Genex Cooperative, Genus Plc, Groupe Grimaud La Corbiere SA, Hendrix Genetics BV, Neogen Corp., Sandor Group Of Co., Superior Animal Genetics, Topigs Norsvin Holding B.V., Tropical Bovine Genetics, Vaxxinova International BV, Vetgen LLC, and Zoetis Inc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Animal Genetics Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the animal genetics market between 2023 and 2027
  • Precise estimation of the animal genetics market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of animal genetics market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Solution
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global animal genetics market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global animal genetics market 2017 - 2021 ($ million)
    • 4.2 Solution Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Solution Segment 2017 - 2021 ($ million)
    • 4.3 End user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Solution

    • 6.1 Market segments
      • Exhibit 30: Chart on Solution - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Solution - Market share 2022-2027 (%)
    • 6.2 Comparison by Solution
      • Exhibit 32: Chart on Comparison by Solution
      • Exhibit 33: Data Table on Comparison by Solution
    • 6.3 Live animal - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Live animal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Live animal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Live animal - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Live animal - Year-over-year growth 2022-2027 (%)
    • 6.4 Genetic testing services - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Genetic testing services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Genetic testing services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Genetic testing services - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Genetic testing services - Year-over-year growth 2022-2027 (%)
    • 6.5 Genetic materials - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Genetic materials - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Genetic materials - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Genetic materials - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Genetic materials - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Solution
      • Exhibit 46: Market opportunity by Solution ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 49: Chart on Comparison by End-user
      • Exhibit 50: Data Table on Comparison by End-user
    • 7.3 Research centers - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Research centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Research centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Research centers - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Research centers - Year-over-year growth 2022-2027 (%)
    • 7.4 Hospitals and clinics - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
    • 7.5 Diagnostic centers - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Diagnostic centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Diagnostic centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Diagnostic centers - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Diagnostic centers - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 63: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 Germany - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 France - Market size and forecast 2022-2027
      • Exhibit 97: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Animal Genetics Inc.
              • Exhibit 112: Animal Genetics Inc. - Overview
              • Exhibit 113: Animal Genetics Inc. - Product / Service
              • Exhibit 114: Animal Genetics Inc. - Key offerings
            • 12.4 AquaGen AS
              • Exhibit 115: AquaGen AS - Overview
              • Exhibit 116: AquaGen AS - Product / Service
              • Exhibit 117: AquaGen AS - Key offerings
            • 12.5 Aviagen Group
              • Exhibit 118: Aviagen Group - Overview
              • Exhibit 119: Aviagen Group - Product / Service
              • Exhibit 120: Aviagen Group - Key offerings
            • 12.6 Cooperatie Koninklijke CRV u.a.
              • Exhibit 121: Cooperatie Koninklijke CRV u.a. - Overview
              • Exhibit 122: Cooperatie Koninklijke CRV u.a. - Product / Service
              • Exhibit 123: Cooperatie Koninklijke CRV u.a. - Key news
              • Exhibit 124: Cooperatie Koninklijke CRV u.a. - Key offerings
            • 12.7 Envigo
              • Exhibit 125: Envigo - Overview
              • Exhibit 126: Envigo - Product / Service
              • Exhibit 127: Envigo - Key offerings
            • 12.8 Genetic Veterinary Sciences Inc.
              • Exhibit 128: Genetic Veterinary Sciences Inc. - Overview
              • Exhibit 129: Genetic Veterinary Sciences Inc. - Product / Service
              • Exhibit 130: Genetic Veterinary Sciences Inc. - Key offerings
            • 12.9 Genex Cooperative
              • Exhibit 131: Genex Cooperative - Overview
              • Exhibit 132: Genex Cooperative - Product / Service
              • Exhibit 133: Genex Cooperative - Key offerings
            • 12.10 Genus Plc
              • Exhibit 134: Genus Plc - Overview
              • Exhibit 135: Genus Plc - Business segments
              • Exhibit 136: Genus Plc - Key offerings
              • Exhibit 137: Genus Plc - Segment focus
            • 12.11 Groupe Grimaud La Corbiere SA
              • Exhibit 138: Groupe Grimaud La Corbiere SA - Overview
              • Exhibit 139: Groupe Grimaud La Corbiere SA - Product / Service
              • Exhibit 140: Groupe Grimaud La Corbiere SA - Key offerings
            • 12.12 Hendrix Genetics BV
              • Exhibit 141: Hendrix Genetics BV - Overview
              • Exhibit 142: Hendrix Genetics BV - Product / Service
              • Exhibit 143: Hendrix Genetics BV - Key offerings
            • 12.13 Neogen Corp.
              • Exhibit 144: Neogen Corp. - Overview
              • Exhibit 145: Neogen Corp. - Business segments
              • Exhibit 146: Neogen Corp. - Key news
              • Exhibit 147: Neogen Corp. - Key offerings
              • Exhibit 148: Neogen Corp. - Segment focus
            • 12.14 Topigs Norsvin Holding B.V.
              • Exhibit 149: Topigs Norsvin Holding B.V. - Overview
              • Exhibit 150: Topigs Norsvin Holding B.V. - Product / Service
              • Exhibit 151: Topigs Norsvin Holding B.V. - Key offerings
            • 12.15 Vaxxinova International BV
              • Exhibit 152: Vaxxinova International BV - Overview
              • Exhibit 153: Vaxxinova International BV - Product / Service
              • Exhibit 154: Vaxxinova International BV - Key offerings
            • 12.16 Vetgen LLC
              • Exhibit 155: Vetgen LLC - Overview
              • Exhibit 156: Vetgen LLC - Product / Service
              • Exhibit 157: Vetgen LLC - Key offerings
            • 12.17 Zoetis Inc
              • Exhibit 158: Zoetis Inc - Overview
              • Exhibit 159: Zoetis Inc - Business segments
              • Exhibit 160: Zoetis Inc - Key news
              • Exhibit 161: Zoetis Inc - Key offerings
              • Exhibit 162: Zoetis Inc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Animal Genetics market growth will increase by $1534.79 million during 2023-2027.
              The animal genetics market is expected to grow at a CAGR of 5.48% during 2023-2027.
              Technavio has segmented the animal genetics market by solution (Live animal, Genetic testing services, and Genetic materials) ,end-user (Research centers, Hospitals and clinics, Diagnostic centers, and ROW) , and geography (North America, Europe, Asia, and Rest of World (ROW)).
              Animal Genetics Inc., AquaGen AS, Aviagen Group, Cooperatie Koninklijke CRV u.a., EasyDNA, Envigo, Genetic Veterinary Sciences Inc., Genex Cooperative, Genus Plc, Groupe Grimaud La Corbiere SA, Hendrix Genetics BV, Neogen Corp., Sandor Group Of Co., Superior Animal Genetics, Topigs Norsvin Holding B.V., Tropical Bovine Genetics, Vaxxinova International BV, Vetgen LLC, Zoetis Inc are a few of the key vendors in the animal genetics market.
              North America will register the highest growth rate of 34.6% among the other regions. Therefore, the animal genetics market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the animal genetics market growth are:
              • Increasing consumption of animal-derived food products
              • Technological advances in animal breeding methodologies
              The animal genetics market vendors should focus on grabbing business opportunities from the live animal segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

              Certified ISO 9001 : 2015

              We are ISO recognized

              We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

              We are GDPR and CCPA compliant

              We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

              Safe and Secure SSL Encrypted
              Technavio

              info
              close
              • Single:

                One user only.
                Quick & easy download option

              • Enterprise:

                Unlimited user access (Within your organization)
                Complimentary Customization Included

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Customized Report as per your Business Needs

              • Our analysts will work directly with you and understand your needs
              • Get data on specified regions or segments, competitor and Vendors
              • Data will be formatted and presented as per your requirements
              • We offer $1000 worth of FREE customization at the time of purchase

              Let us help you make report more suited to your requirements.

              • Get a competitive breakdown as per your niche industry
              • Customize the data with various metrics that meet your business prerequisite
              • Understand Revenue Sources, Customers and many more
              • Details on Market Share
              • These customizations are done in a short amount of time by our analysts and industry experts
              Technavio
              Enquire Before Buying
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>