The global Animal Genetics Market is projected to reach USD 9.66 billion by 2027, according to a recent report by Emergen Research. 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.
Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the Animal Genetics market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Animal Genetics market.
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Key Players operating in the industry are:
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
Radical Features of the Animal Genetics Market Report:
- The report encompasses Animal Genetics market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Animal Genetics industry
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Segmentation:
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
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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