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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.
This report contains market size and forecasts of Animal Genetics in Global, including the following market information:
Global Animal Genetics Market Size 2024-2029, ($ millions)
The global Animal Genetics market is projected to reach US$ 8680.9 million by 2029.
Global Animal Genetics key players include Genus PLC, Hendrix Genetics, EW Group, Zoetis, etc. Global top four manufacturers hold a share about 50%.
North America is the largest market, with a share over 35%, followed by Europe, and Asia-Pacific, both have a share over 50 percent.
In terms of product, Animal Genetics Products is the largest segment, with a share over 70%. And in terms of application, the largest application is Porcine, followed by Bovine, Poultry, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Animal Genetics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Animal Genetics Market, by Type, 2024-2029 ($ millions)
Global Animal Genetics Market Segment Percentages, by Type
- Animal Genetics Products
- Animal Genetics Testing Services
Global Animal Genetics Market, by Application, 2024-2029 ($ millions)
Global Animal Genetics Market Segment Percentages, by Application
- Poultry
- Porcine
- Bovine
- Others
Global Animal Genetics Market, By Region and Country, 2024-2029 ($ Millions)
Global Animal Genetics Market Segment Percentages, by region and country
- - United States
- - Europe
- - Asia
- - China
- - Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
- Genus PLC
- Hendrix Genetics
- EW Group
- Zoetis
- CRV Holding
- Grimaud
- Topigs Norsvin
- Alta Genetics
- Neogen Corporation
- Envigo