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Global Animal Genetics Market (2021 to 2025)
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Global Animal Genetics Market (2021 to 2026) - Untapped Market Potential in Developing Countries Presents Opportunities
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Regional Analysis
Europe (EU) – UK, Germany, France & Rest of Europe
Asia Pacific (APAC) – China, Japan, India & Rest of APAC
Latin America (LA) – Brazil & Rest of Latin America
Middle East & Africa (MEA) – Middle East and Africa
For a better understanding of the customers, it uses effective graphical presentation techniques such as graphs, charts, tables as well as pictures. It helps the market industries to get better insights for improving the performance of the companies as well as product.
Frequently Asked Questions
Which company is currently leading the Global Animal Genetics market?
Will the company continue to lead during the forecast period 2021-2028?
Search jobs Animal Genetics Market Key Players Outlook, Latest Trends and Forecast up to 2026
Recent advancements in genomic technology are extending the frontiers of innovation in livestock production. Easy availability of molecular tools and enzymes, such as Digital Polymerase Chain Reaction (dPCR), to extract vital information about livestock species, is increasing the possibilities to develop embryos of desired gender and traits.
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The livestock revolution trend is found to complement the growth of the food industry. Given the shift from conventional protein sources to animal-derived proteins, lucrative opportunities await players in the animal genetics market to meet the unmet nutrition demand of humans. Growth opportunities are also projected to arrive from the growing significance of pet culture, especially found in developed regions, and gradually moving towards
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Genetic material and Services the market is expected to reach US$ 7,705.23 million by 2027 from US$ 4,778.67 million in 2019. The market is estimated to grow at a CAGR of 6.3% from 2020 to 2027.
Based on product, the market is segmented into poultry, porcine, bovine, canine, and others. In 2019, the porcine segment accounted for the highest share of the market. Growth of this segment is attributed to rise in production of porcine and increase in pork consumption across the globe. The same segment is likely to register highest CAGR in the global animal genetics market during the forecast period.
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