Report Feature
The future of the animal genetic market looks promising with opportunities in veterinary hospitals & clinics, diagnostic centers, and research centers & institutes. The global animal genetic market is expected to grow with a CAGR of 6%-8% from 2020 to 2025. The major drivers for this market are growing consumer demand for animal-derived protein based supplements, rising focus on classifying superior breeds using genetic engineering to obtain high reproduction rates, inventions in phenotyping services, growing pharmaceutical outsourcing, and rising adoption of advanced genetic technologies for massive scale production and quality breeds.
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In this market, live animals is the largest product and service segment of animal genetic, whereas dna testing is the largest genetic testing. Growth in various segments of the animal genetic market are given below:
The study includes trends and forecast for the global animal genetic market by product and service, genetic testing, end user, and region as follows:
By Product and Service [Value ($ Million) shipment analysis for 2014 – 2025]:
- Live Animals
- Poultry
- Porcine
- Bovine
- Canine
- Genetic Materials
- Semen
- Bovine
- Porcine
- Embryo
- Bovine
- Equine Pellet Form
By Genetic Testing [Value ($ Million) shipment analysis for 2014 – 2025]:
- DNA Testing
- DNA Typing
- Genetic Disease Testing
By End User [Value ($ Million) shipment analysis for 2014 – 2025]:
- Veterinary Hospitals & Clinics
- Diagnostic Centers
- Research Centers and Institutes
- Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Spain
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- The Rest of the World
- Brazil
Some of the animal genetic companies profiled in this report include Genus, Envigo Corporation, Topigs Norsvin, CRV Holding, Groupe Grimaud La Corbiere, Hendrix Genetic, Neogen Corporation, Zoetis, URUS, and Animal Genetic.
Lucintel forecasts that live animals (poultry) will remain the largest product and service segment over the forecast period due to rise in the consumption rate of meat.
Within this market, DNA testing will remain the largest genetic testing segment over the forecast period due to growing number of genetic diseases and demand for early diagnosis.
North America will remain the largest region over the forecast period due to the presence of a large number of leading players of the animal genetic market in this region, high adoption of the latest technologies, establised livestock sector, and the growing demand for animal protien.
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Features of the Global Animal Genetic Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global animal genetic market by product & service (live animals [poultry, porcine, bovine, and canine] and genetic materials [semen [bovine and porcine] and embryo [bovine and equine]]), genetic testing (DNA testing, DNA typing, and genetic disease testing), end user (veterinary hospitals & clinics, diagnostic centers, research centers and institutes, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global animal genetic market? Q.5 What are the business risks and threats to the global animal genetic market? Q.6 What are the emerging trends in this animal genetic market and the reasons behind them? Q.7 What are some changing demands of customers in this animal genetic market? Q.8 What are the new developments in this animal genetic market? Which companies are leading these developments? Q.9 Who are the major players in this animal genetic market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this animal genetic market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global animal genetic market? |
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Product & Service (Live Animals (Poultry, Porcine, Bovine, and Canine) and Genetic Materials (Semen (Bovine and Porcine) and Embryo (Bovine and Equine)), Genetic Testing (DNA Testing, DNA Typing, and Genetic Disease Testing), and End User (Veterinary Hospitals & Clinics, Diagnostic Centers, Research Centers and Institutes, and Others) |
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Regional Scope |
North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global Animal Genetic Market
4.1 Global Animal Genetic Market by Region
4.2.1 Market by Product & Service: Live Animals (Poultry, Porcine, Bovine, and Canine) and Genetic Materials (Semen (Bovine and Porcine) and Embryo (Bovine and Equine),
4.2.2 Market by Genetic Testing: DNA Testing, DNA Typing, and Genetic Disease Testing
4.2.3 Market by End User: Veterinary Hospitals & Clinics, Diagnostic Centers, Research Centers and Institutes, and Others
4.2.4 The United States Animal Genetic Market
4.2.5 The Canadian Animal Genetic Market
4.2.6 The Mexican Animal Genetic Market
4.3.1 Market by Product & Service: Live Animals (Poultry, Porcine, Bovine, and Canine) and Genetic Materials (Semen (Bovine and Porcine) and Embryo (Bovine and Equine),
4.3.2 Market by Genetic Testing: DNA Testing, DNA Typing, and Genetic Disease Testing
4.3.3 Market by End User: Veterinary Hospitals & Clinics, Diagnostic Centers, Research Centers and Institutes, and Others
4.3.4 The United Kingdom Animal Genetic Market
4.3.5 The Spanish Animal Genetic Market
4.3.6 The German Animal Genetic Market
4.3.7 The French Animal Genetic Market
4.4.1 Market by Product & Service: Live Animals (Poultry, Porcine, Bovine, and Canine) and Genetic Materials (Semen (Bovine and Porcine) and Embryo (Bovine and Equine),
4.4.2 Market by Genetic Testing: DNA Testing, DNA Typing, and Genetic Disease Testing
4.4.3 Market by End User:Veterinary Hospitals & Clinics, Diagnostic Centers, Research Centers and Institutes, and Others
4.4.4 The Chinese Animal Genetic Market
4.4.5 The Indian Animal Genetic Market
4.4.6 The Japanese Animal Genetic Market
4.5.1 Market by Product & Service: Live Animals (Poultry, Porcine, Bovine, and Canine) and Genetic Materials (Semen (Bovine and Porcine) and Embryo (Bovine and Equine),
4.5.2 Market by Genetic Testing: DNA Testing, DNA Typing, and Genetic Disease Testing
4.5.3 Market by End User:Veterinary Hospitals & Clinics, Diagnostic Centers, Research Centers and Institutes, and Others
4.5.4 Brazilian Animal Genetic Market
7.1.1 Growth Opportunities for the Global Animal Genetic Market by Product and Service
7.1.2 Growth Opportunities for the Global Animal Genetic Market by Genetic Testing
7.1.3 Growth Opportunities for the Global Animal Genetic Market by End User
7.1.4 Growth Opportunities for the Global Animal Genetic Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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