1. Health

Animal Genetics Market Size 2023 & Forecast to 2028

Disclaimer: This is a user generated content submitted by a member of the WriteUpCafe Community. The views and writings here reflect that of the author and not of WriteUpCafe. If you have any complaints regarding this post kindly report it to us.

IMARC Group, a leading market research company, has recently releases report titled “Animal Genetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global animal genetics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big Is The Animal Genetics Market?

The global animal genetics market size reached US$ 7.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

What are Animal Genetics?

Animal genetics is the study of genes and the way it affects living organisms. It offers a biological blueprint for the appearance, function, and survival of organisms’ genes and is considered a major factor affecting animal health and production. It uses various genetic techniques, including twin, cytological, population, hybrid, and ontogenetic approaches. It helps define similarities and differences in other organisms to support the management of the livestock population. At present, animal genetics finds extensive applications in DNA typing and genetic trait and disease testing across the globe.

Request For A Free Sample Copy Of This Report: https://www.imarcgroup.com/animal-genetics-market/requestsample

What Are The Growth Prospects And Trends In The Animal Genetics Industry?

The global animal genetics market is primarily driven by the increasing demand for food and the rising global population. Moreover, the easy availability of animal-based food items through online and offline retail channels with numerous facilities, including attractive deals, doorstep delivery, and secured payment gateways, is positively influencing the market growth.

Additionally, animal-based food assists body growth by offering concentrated energy sources and various nutrients, such as fat, riboflavin, iron, zinc, calcium, and vitamins A, B, D, and E. In line with this, the increasing consumer awareness about the benefits of consuming animal-derived food products, such as dairy items and meat, to meet nutritional requirements is another major growth-inducing factor. Furthermore, the surging adoption of advanced genetic technologies and molecular biology tools is contributing to market growth. Other factors, including increasing investments in research and development (R&D) activities, the rising awareness about veterinary genetic diseases, and expanding livestock population, are also anticipated to drive the market further.

What Is Included In Market Segmentation?

The report has segmented the market into the following categories:

Breakup by Live Animal:

  • Porcine
  • Bovine
  • Poultry
  • Canine
  • Others

Breakup by Genetic Materials:

  • Embryo
  • Semen

Breakup by Services:

  • Genetic Trait Testing
  • Genetic Diseases Testing
  • DNA Typing

Breakup by End User:

  • Veterinary Hospitals and Clinics
  • Diagnostic Centres Market

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who Are The Key Players Operating In The Industry?

The report covers the major market players including: 

  • Alta Genetics Inc.
  • Animal Genetics Inc.
  • CRV Holding B.V.
  • Envigo (Inotiv Inc.)
  • Genus plc
  • Groupe Grimaud La Corbière SA
  • Hendrix Genetics B.V.
  • Neogen Corporation
  • Sandor Animal Biogenics Pvt. Ltd.
  • Topigs Norsvin
  • URUS Group LP
  • VetGen LLC and Zoetis Inc.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/animal-genetics-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US


134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/




Welcome to WriteUpCafe Community

Join our community to engage with fellow bloggers and increase the visibility of your blog.
Join WriteUpCafe