Global Live Animal Genetics Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Medical
Publisher : MRA | Format : PDF
Global Live Animal Genetics Market Research Report 2024
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.
According to MRAResearch’s new survey, global Live Animal Genetics market is projected to reach US$ 8135.2 million in 2033, increasing from US$ 5124 million in 2022, with the CAGR of 6.8% during the period of 2023 to 2033. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Live Animal Genetics market research.
The farm animal genetics market is driven by the increasing demand for high-quality animal products and the growing focus on livestock breeding for improved productivity. Farm animal genetics involves the study and manipulation of genetic traits in livestock to enhance desirable characteristics such as growth rate, milk yield, and disease resistance. The rise in global population and the need for sustainable food production contribute to market growth. Moreover, advancements in genetic technologies, such as genomic selection and marker-assisted breeding, have improved the accuracy and efficiency of animal breeding programs. However, the market also faces challenges, including the complexity of genetic traits and the potential for unintended consequences in genetic manipulation. Additionally, addressing regulatory and ethical considerations and ensuring accessibility and affordability of genetic technologies can pose obstacles for widespread adoption. To succeed, companies must focus on research and development to offer superior genetics for farm animals, collaborate with farmers and agricultural institutions to enhance breeding programs, and address the challenges to meet the increasing demand for efficient and sustainable livestock production.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global Live Animal Genetics market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo
Segment by Type
Animal Genetics Products
Animal Genetics Testing Services
Bovine
Porcine
Poultry
Canine
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Live Animal Genetics report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Global market size, regional market size. Market Opportunities and Challenges
Chapter 3Companies’ Competition Patterns
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6 to 10Country Level Value Analysis
Chapter 11Companies' Outline
Chapter 12Market Conclusions
Chapter 13Research Methodology and Data Source
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.
According to MRAResearch’s new survey, global Live Animal Genetics market is projected to reach US$ 8135.2 million in 2033, increasing from US$ 5124 million in 2022, with the CAGR of 6.8% during the period of 2023 to 2033. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Live Animal Genetics market research.
The farm animal genetics market is driven by the increasing demand for high-quality animal products and the growing focus on livestock breeding for improved productivity. Farm animal genetics involves the study and manipulation of genetic traits in livestock to enhance desirable characteristics such as growth rate, milk yield, and disease resistance. The rise in global population and the need for sustainable food production contribute to market growth. Moreover, advancements in genetic technologies, such as genomic selection and marker-assisted breeding, have improved the accuracy and efficiency of animal breeding programs. However, the market also faces challenges, including the complexity of genetic traits and the potential for unintended consequences in genetic manipulation. Additionally, addressing regulatory and ethical considerations and ensuring accessibility and affordability of genetic technologies can pose obstacles for widespread adoption. To succeed, companies must focus on research and development to offer superior genetics for farm animals, collaborate with farmers and agricultural institutions to enhance breeding programs, and address the challenges to meet the increasing demand for efficient and sustainable livestock production.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global Live Animal Genetics market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo
Segment by Type
Animal Genetics Products
Animal Genetics Testing Services
Segment by Application
Bovine
Porcine
Poultry
Canine
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Live Animal Genetics report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Global market size, regional market size. Market Opportunities and Challenges
Chapter 3Companies’ Competition Patterns
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6 to 10Country Level Value Analysis
Chapter 11Companies' Outline
Chapter 12Market Conclusions
Chapter 13Research Methodology and Data Source
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Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices