Global Animal Genetics Market Analysis–Trends, Insights & Forecasts (2021-2027)

  • Publish Date
    January 2, 2022
  • No of Pages
    380
  • SKU Code
    GIR 7081
  • Format

Global Animal Genetics Market– Overview

The report will cover the overall analysis and insights in relation to the size and growth rate of the ” Global Animal Genetics Market ” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.

Global Animal Genetics Market Introduction

  • Animal genetics refers to the branch of genetics that deals with the study of inheritance and gene variation in domestic and wild animals. This involves gene expression, animal breeding and physical genetic traits such as coat color, body structure, facial shape, and others which is entirely based on heredity. Animal genetics are used for DNA testing, genetic trait testing, and genetic disease traiting. The animal genetics market is anticipated to increase due to the rapid demand, consumption of animal proteins, and increase in urban population, which exhibits demand for meat products across the globe during the forecast period.
  • Increased adoption of advanced genetic technologies and rise in implementation of animal welfare acts drive the market. Similarly, growth in awareness about veterinary genetic diseases and increase in population of livestock animals to meet the unmet demands for animal derived proteins further fuel the market. However, stringent regulations regarding animal genetic engineering, high cost of animal testing and dearth of skilled professionals impede the growth of the animal genetics market. Asia-Pacific provides opportunities for the growth of animal genetics market due to the growth in demand for animal derived products, increase in animal population and development of animal welfare acts in this region during the forecast period.

Global Animal Genetics Market Report Scope

  • The scope of the report covers the clear understanding and overview of the product.
  • Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
  • The report covers discussion of economic trends and technology.
  • Market estimates represent revenue.
  • In-depth analysis of the market segmentation assists in determining the prevailing market scope.

Segments Covered in Global Animal Genetic market

  • The Global Animal Genetics Market is segmented on the basis of animal genetic products, services, and end-user. The Animal Genetics Market, by animal genetic products, the market is segmented into genetic materials and live animals. The live animals are further bifurcated into poultry, bovine, porcine, canine and others. The genetic materials are sub-segmented into semen and embryo. On the basis of services, the animal genetics market is bifurcated into genetic disease tests, DNA typing, gene trait tests, and others. On the basis of end-user, the market is segmented into veterinary hospitals & clinics, diagnostic centres, research centres and institutes, and others.
  • On the basis of region, the Global Animal Genetics Market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.

Animal genetic products

  • Live animals
  • Poultry
  • Porcine
  • Bovine
  • Canine
  • Other live animals

Animal Genetic materials

  • Semen
  • Bovine semen
  • Porcine semen
  • Equine semen
  • Canine semen
  • Other animal semen
  • Embryos
  • Bovine embryos
  • Equine embryos
  • Other animal embryos

Animal genetic testing services

  • Genetic disease tests
  • Genetic trait tests
    • Bovine
    • Other animal genetic trait tests
  • Dna typing
  • Other services
  • This study identifies the growing focus on research and development in animal genomics as one of the prime reasons driving the animal genetics market growth during the next few years.

Segments covered in the reports

Attribute Details
Market size available for years 2014–2027
Base year considered 2020
Forecast period 2021–2027
Historical period 2014-2019
Forecast units Value (USD) & Volume (Million Units)
Segmentation By Regions
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
By Countries
United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others.
By Product Type
Animal Genetic Products (Poultry, Bovin, Goat, Sheep and Others) and Genetic Materials (Equine, Bovin, Porcine Bovine and others.)
By Services and Testing
DNA Typing, Genetic Trait Tests, Genetic Disease Tests and DNA Testing.
By Genetic Material Type
Semen and Embryo.
Companies covered Alta Genetics, Inc.; Animal Genetics, Inc.; Crv Holding; Envigo; Ew Group Gmbh; Genus Plc; Groupe Grimaud La Corbiers Sa; Hendrix Genetics; Neogen Corporation; Topigs Norsvin; Urus; Vetgen; Zoetis and others.

Covid-19 Impact on the Animal genetics Market

  • With the aim to contain the COVID-19 outbreak, the government in many countries had implemented restrictions to transportation and travel leading to impediments for international trade and transportation. Thus, the supply chain of animal genetic products was disrupted, temporarily leading to a slightly negative impact in product demand. Limited access to current and potential customers has affected the market players’ ability to sell new animal genetic products and to implement previously sold products, thereby slightly reducing the growth rate in 2020. However, it is expected that the supply chain disruption would be minimized in 2021 and the market is expected to grow at a higher growth rate during the forecast period.

Recent Developments in Global Animal Genetic market

  • In January 2021, Genus ABS and The Bair Ranch collaborated to use sex-skewed semen and terminal genetics to demonstrate the impact of a cow-calf management system.
  • In February 2020, Neogen partnered with Gencove, a genetic testing company, to develop Neogen’s next generation of animal genomic tests.
  • In October 2020, Hendrix Genetics and Solidaridad partnered to provide sustainable poultry in Mozambique and Zambia, Africa.
  • In February 2018, Neogen partnered with the Brown Swiss Association (US) to offer its Igenity Dairy Heifer Program and SeekSire parentage product lines.

Key Market Players in Global Animal Genetic Market

  • The major players in the global animal genetics market are Alta Genetics, Inc.; Animal Genetics, Inc.; Crv Holding; Envigo; Ew Group Gmbh; Genus Plc; Groupe Grimaud La Corbiers Sa; Hendrix Genetics; Neogen Corporation; Topigs Norsvin; Urus; Vetgen; Zoetis and others.
  • Also, the animal genetics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Objectives of the Global Animal Genetic Market Study

  • To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global Animal Genetics Market.
  • To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
  • To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global Animal Genetics Market.
  • To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global Animal Genetics Market.
  • A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note

  • Global Industry Reports will also support you post-purchase for a period of 6 months to answer any of your queries related to the following market and to provide you any more data if you need, for your analysis.
  • Also, you can buy some selected Chapters from the report.

Report coverage

  • Recent Trend and Developments: The major players operating in the global market have adopted key strategies such as product launch and acquisition to strengthen their market outreach and sustain the stiff competition in the market.
  • Key Market Players: Key players list and Key companies profiled in this market include.
  • Revenue forecast, company share, competitive landscape and growth factors.

1 INTRODUCTION

Objectives of the study

Market definition

Market scope

Stakeholders

Limitations

Summary of changes

2 RESEARCH METHODOLOGY

Research data

Secondary data

Primary data

Market size estimation

Market breakdown & data triangulation

Market share analysis

Risk assessment/limitations

Assessment of the impact of covid-19 on the economic scenario

3 EXECUTIVE SUMMARY

4 GLOBAL ANIMAL GENETICS MARKET OUTLOOK / MARKET OVERVIEW

Introduction

Market dynamics

Market drivers

  • Increasing consumption of animal-derived protein and dairy products Countries
  • Growing global population and rapid urbanization increasing customer awareness
  • Increased demand for companion animals
  • Genetic services to prevent genetic diseases and business loss
  • Increased adoption of advanced genetic technologies
  • Market restraints
  • The emergence of alternative such as lab-based meat
  • Opportunities
  • Untapped market potential in developing countries
  • Innovations in phenol typing services
  • Significant investments in R&D and expansions by key players Challenges
  • Need for specific breeding programs for breeds with inferior economic performance
  • Economic sustainability in local breeds
  • African swine fever outbreak in China and further spread
  • Shortage of skilled professionals in veterinary research

5 INDUSTRY INSIGHTS

Introduction

Industry trends

  • Increasing r&d investments and government funding
  • Rising research collaboration and partnerships
  • Changing dynamics in the Chinese porcine market
  • Use of artificial intelligence in animal breeding and testing
  • Introduction of genetically modified disease-resistant animals Strategic benchmarking
  • Increasing number of agreements, collaborations, partnerships, and acquisitions

Species priorities and breeding objectives, by region

Utilization of genetic technologies, by region

Pricing analysis

Animal genetics market vendors: major customers

Value chain analysis

Ecosystem analysis

  • Ecosystem analysis for the animal genetics market

Patent analysis

  • Patent publication trends for the animal genetics market
  • Top applicants (companies/institutions) for animal genetics
  • Top inventors for animal genetics
  • Jurisdiction analysis: top applicants (countries) for animal genetics patents

Trade analysis

Impact of covid-19 on the animal genetics market

6 GLOBAL ANIMAL GENETICS MARKET, PRODUCT & SERVICE

Introduction

Animal genetic products

Live animals

  • Poultry
  • Porcine
  • Bovine
  • Canine
  • Other live animals

Genetic materials

Semen

  • Bovine semen
  • Porcine semen
  • Equine semen
  • Canine semen
  • Other animal semen

Embryos

  • Bovine embryos
  • Equine embryos
  • Other animal embryos

Animal genetic testing services

Genetic disease tests

  • Genetic disease tests to witness the highest growth in the animal genetic testing services market

Genetic trait tests

  • Bovine
  • Other animal genetic trait tests

DNA typing

  • DNA typing is used in parentage identification, animal registration, and gender-associated disease identification

Other services

7 GLOBAL ANIMAL GENETICS MARKET, BY GEOGRAPHY

Overview

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Rest of the World

Latin America

Middle East & Africa

8 GLOBAL ANIMAL GENETICS MARKET COMPETITIVE LANDSCAPE

Introduction

Footprint analysis of the top players in the animal genetics market

Product & service portfolio matrix

Market share analysis

Company evaluation quadrant

Company evaluation quadrant for start-ups/smes

Competitive scenario

9 COMPANY PROFILES

(Business overview, Products & services offered, Recent Developments, Competitive analysis, SWOT Analysis,)

 

  1. Alta genetics inc.
  2. Animal genetics inc.
  3. Neogen corporation
  4. Genus
  5. Urus
  6. Ew group gmbh
  7. Groupe grimaud
  8. Crv holding
  9. Topigs norsvin
  10. Zoetis
  11. Envigo
  12. Hendrix genetics
  13. Vetgen

10 APPENDIX

Discussion guide

Available customizations

Related reports

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

Frequently Asked Questions ?

The major players in the global animal genetics market are Alta Genetics, Inc.; Animal Genetics, Inc.; Crv Holding; Envigo; Ew Group Gmbh; Genus Plc; Groupe Grimaud La Corbiers Sa; Hendrix Genetics; Neogen Corporation; Topigs Norsvin; Urus; Vetgen; Zoetis and others.

  • Animal genetic products
  • Live animals
  • Poultry
  • Porcine
  • Bovine
  • Canine
  • Other live animals

Animal Genetic materials

  • Semen
  • Bovine semen
  • Porcine semen
  • Equine semen
  • Canine semen
  • Other animal semen
  • Embryos
  • Bovine embryos
  • Equine embryos
  • Other animal embryos

Animal genetic testing services

  • Genetic disease tests
  • Genetic trait tests
    • Bovine
    • Other animal genetic trait tests
  • Dna typing
  • Other services

The global animal genetics market is expected to reach USD 7.5 billion by 2027. Growing at a CAGR of 7.6% during the forecast period.

Rising animal protein consumption, booming population, and increasing urbanization are reasons that can trigger the global animal genetics market.

The global animal genetics market is segmented into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Europe accounted for the largest share of the animal genetics market in 2020. Factors such as the better accessibility to technologies and well-established distribution channels, the growing demand for livestock food products, high intake of animal-derived proteins, and increasing animal welfare activities and the presence of major market players in the region are driving the growth of the European animal genetics market.