The global animal genetics market was valued at US$ 4.9 Bn in 2021, expected to grow at a CAGR of 6.7% over the forecast period. The growth of the global animal genetics market is driven by a rising demand to understand the genetics along with their appearance and survival. The study of genes and how they affect living things is known as genetics. Animal genetics and breeding are concerned with how well individuals or groups of animals perform in relation to pre-established and precisely measured metrics, such as production, adaptation/resilience, growth, tolerance/susceptibility to diseases, feed conversion, and energy use. This is accomplished through the selection of desired features, a process that has evolved over millennia since animals were domesticated.
Get PDF sample report with related graphs & charts (Pre & post COVID-19 impact analysis): https://www.absolutemarketsinsights.com/request_sample.php?id=1318
Animal Type Analysis:
Porcine animal segment had the highest share in the global animal genetics market in the year 2021. This biggest percentage can be due to a number of elements, including a sizable market for pork meat and its by-products as well as expanding use of cutting-edge genetic research. Increased demand of white meat is a crucial factor driving the poultry industry's expansion. The primary drivers of genetic research in the poultry sector are affordability and the low risk of food-related illness transmission. Increased demand of white meat is a crucial factor driving the poultry industry's expansion. The primary drivers of genetic research in the poultry sector are affordability and the low risk of food-related illness transmission. Consumer preferences have changed from red meat to white meat as a result of increasing government efforts to lessen environmental effects and raise awareness in many countries. This change is anticipated to open up new prospects for animal genetics to increase the supply of white meat in order to satisfy the rising demand.
Genetic Material Analysis:
In animal genetics, semen and animal embryos are the genetic materials that are used for various testing and analysis. Although sperm preparation methods are rarely employed in animal assisted reproduction, millions of insemination doses are prepared annually. For animal scientists and breeders, various important biotechnologies in embryology have currently emerged as their most effective instrument for enhancing the genetic makeup of animal herds. Embryo as genetic material is widely being used for animal genetics in the last few years. The main objective of embryo transfer in cattle is to increase reproductive rates. Embryos can change the breed of the entire herd within a single generation, and the cost of importing them is frequently less than that of semen or postnatal animals.
Speak to our analyst in case of queries before buying this report: https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=1318
Testing Analysis:
Animal genetics uses various testing types such as DNA testing, parentage testing, individual genotyping, ancestry testing, Zygosity testing. The testing technology are being used to create tests for traits like coat colour, temperament, behaviour, and susceptibility to communicable diseases like cancer, parasites. Currently, several diagnostics and tests are available for hereditary diseases, and more are being developed. Due to the extensive usage of champion animals in breeding and repeated mattings amongst descendants, genetic disorders in domestic animals is a rising problem. The same forensic methods are used in human identification and paternity testing that are applied in animal DNA testing. Testing can be done for particular DNA alterations that cause genetic diseases or for animal ID and paternity. Thus, advancements in testing has led to the growth of global animal genetics market.
End Users Analysis:
There is a rising awareness amongst a huge population related to animal genetics. The rise in animal care services in community level centres as well as veterinary hospitals is anticipated to lead to market growth. Government initiatives and campaigns for animal genetics along with various research centres are working on advanced treatments and methods for animal genetics. Furthermore the leading players in the animal genetics market are investing into research and development of various diagnostic testing methods for animal genetics with advanced technologies. Thus, with these advancements the global animal genetics market is expected to flourish in the upcoming years.
Purchase the latest in-depth Animal Genetics Market Report: https://www.absolutemarketsinsights.com/checkout?id=1318
Region Analysis:
Asia Pacific region is anticipated to be the fastest growing region in the animal genetics market in the upcoming years. Increased animal output, rising meat consumption, and major government investment in animal genetics are all factors that have contributed to the expansion of this sector in the Asia-Pacific region. The development of the animal genetics sector has been aided by a sizeable contribution from both public entities and private organisations. To gather and conserve animal genetic resources, Japan, for instance, has developed the animal gene bank initiative through the Ministry of Agriculture, Forestry, and Fisheries. This project includes information on farm animals including cows, horses, pigs, sheep, goats, and chickens as well as laboratory animals like rats, field voles, and mouse deer, as well as insects like silkworms and honeybees. To cut down on preservation expenses, these animal genetic resources have been frozen and stored as semen and embryos. As a result, a substantial investment is being made in the animal genetics market by government bodies throughout Asia-Pacific, which will further fuel market expansion.
The key market participants operating in the global animal genetics market are:
- Animal Genetics Inc.
- Charles River Laboratories.
- CRV
- EasyDNA
- Envigo
- Genus
- Hendrix Genetics BV
- Neogen Corporation.
- Superior Animal Genetics
- TOPIGS NORSVIN
- Vaxxinova International BV
- Zoetis Services LLC.
- Other Market Participants
Global Animal Genetics Market
By Animal
- Poultry
- Bovine
- Swine
- Feline
- Equine
- Canine
- Avian
By Genetic Material
- Semen
- Embryo
By Testing
- DNA Testing/ Genotyping
- Blood Screening
- Parentage Testing
- Background Strain Characterization
- Speed Congenics
- Zygosity Testing
- Others
By End User
- Veterinary Hospitals and Clinics
- Specialty Veterinary Clinics
- Research Centers
Request for customization to meet your precise research requirements: https://www.absolutemarketsinsights.com/request_for_customization.php?id=1318
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries, Benelux Union, Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Top Reports:
Global Genetic Testing Market -
Global Predictive Genetic Testing and Consumer Genomics Market -
About Us:
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.
Contact Us:
Contact Name: Shreyas Tanna
Company: Absolute Markets Insights
Email Id: [email protected]
Phone: IN +91-7400-24-24-24, US +1-510-420-1213
Website: www.absolutemarketsinsights.com