Global Animal Genetics Market Size, Status and Forecast 2020-2026

Animal Genetics is a branch of genetics that studies heredity and variation chiefly in farm animals but also in domestic and wild animals. It is based on general genetic principles and concepts, and it mainly uses the hybrid, cytological, population, ontogenetic, mathematical-statistical, and twin methods of general genetics.
Animal breeding or genetics is the area of science where experts are trying to steer the frequency of certain genes by combining the most superior or desired individual animals to be the parents of the next generation. This process is focused on getting improved offspring who are on average better than the previous generation.
The classification of Animal Genetics includes Animal Genetics Products and Animal Genetics Testing Services, and the proportion of Animal Genetics Products in 2015 is about 72%. The Animal Genetics Products segment accounted for the largest share of the animal genetics market in 2015.
Animal Genetics is widely used in Poultry, Porcine, Bovine and other field. The most proportion of Animal Genetics is Porcine, and the revenue in 2015 is about 395 M USD. Followed Porcine, Bovine is in the second place, and the proportion of Bovine revenue is nearly 23%.
North America region is the largest market of Animal Genetics, with market share nearly 38% in 2015. Europe is the second largest supplier of Animal Genetics, enjoying revenue market share nearly 30% in 2015. There are lots of companies in North America could provide Animal Genetics products and service.
The main players in Animal Genetics including Genus PLC, Hendrix Genetics, EW Group, Zoetis, CRV Holding, etc. They the leaders of the industry and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Market Analysis and Insights: Global Animal Genetics Market
In 2019, the global Animal Genetics market size was US$ 4380.7 million and it is expected to reach US$ 7356.6 million by the end of 2026, with a CAGR of 7.6% during 2021-2026.
Global Animal Genetics Scope and Market Size
Animal Genetics market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Animal Genetics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Animal Genetics market is segmented into Animal Genetics Products, Animal Genetics Testing Services, etc.
Segment by Application, the Animal Genetics market is segmented into Poultry, Porcine, Bovine, Others, etc.
Regional and Country-level Analysis
The Animal Genetics market is analysed and market size information is provided by regions (countries).
The key regions covered in the Animal Genetics market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Animal Genetics Market Share Analysis
Animal Genetics market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Animal Genetics business, the date to enter into the Animal Genetics market, Animal Genetics product introduction, recent developments, etc.
The major vendors include Genus PLC, Hendrix Genetics, EW Group, Zoetis, CRV Holding, Grimaud, Topigs Norsvin, Alta Genetics, Neogen Corporation, Envigo, etc.

This report focuses on the global Animal Genetics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Animal Genetics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study


Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo

Market segment by Type, the product can be split into


Animal Genetics Products
Animal Genetics Testing Services

Market segment by Application, split into


Poultry
Porcine
Bovine
Others

Market segment by Regions/Countries, this report covers


North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:


To analyze global Animal Genetics status, future forecast, growth opportunity, key market and key players.
To present the Animal Genetics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Animal Genetics are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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