Animal Genetics Market : to Record a CAGR of 7.5%, Surge in Demand for Porcine and Bovine to Drive Growth – Market.us


Pune, Maharashtra, India, September 21, 2022 (Wiredrelease) Prudour Pvt. Ltd – : Global Animal Genetics Market: Introduction

Animal genetics is the study of how genes are passed from one generation to the next in animals. It is a relatively new field that has only come to prominence in the last few decades. Animal genetics has many applications, including improving the health and welfare of animals and understanding the evolution of species.

The global animal genetics market is projected to reach US$7.9 billion by 2026, up from US$5.6 billion in 2021, at a CAGR of 7.5% over the forecast period.

The growing demand for animal protein, the growing world population and rapid urbanization are driving the growth of the animal genetics industry. This market growth is also due to increased focus on identifying superior breeds, increased adoption of genetic services that prevent genetic disease and business loss, and increased adoption of advanced genetic technologies.

Key developments in the global animal genetics market

ABS Global announced on 20-Jan-21 a partnership with Bair Ranch to demonstrate the potential impact of the cow/calf management system for the utilization of sexy seed and terminal genetics.

Solidaridad announced in October 2020 a collaboration with Hendrix Genetics on a sustainable poultry program in Mozambique or Zambia.

January 2020 Neogen announces a partnership with Gencove for advanced animal genomic research

This report provides valuable information for shareholders, newcomers, leaders and stockholders. It helps them formulate strategies for the future and take the necessary steps to strengthen their market position. The report includes graphical representations and tabular representations to provide in-depth analysis of each segment as well as its sub-segments. This report aims to help market participants, investors, newcomers and others in formulating strategies based on the fastest growing segments and highest revenue generation. The latest data from Market.us shows that North America will be the largest animal genetics market in 2021. Mexico, Canada and the US are experiencing nominal CAGRs of [2022-2031] above the world average.

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Animal Genetics Market – Competitive Landscape

genus PLC
Hendrix Genetics
EW Group GmbH
Zoetis
CRV Holding
Grimaud
subjects
Alta genetics
Neogen Corporation
En vigo

competitive comparison

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Animal Genetics Market Segmentation

Based on the type, the animal genetics market is segmented

Animal Genetic Products
Animal Genetic Testing Services

Based on Application, the Animal Genetics market is segmented into

poultry
piggy
Bovine

Market split by region:

– North America (United States, Canada)

– Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)

– Europe (Germany, France, Great Britain, Italy, Spain, Russia, others)

– Latin America (Brazil, Mexico, others)

– Middle East and Africa

Market report coverage and results will help you understand:

1. Company Revenue Share | Revenue (USD million)

2. Upcoming regional opportunities

3. Latest trends and market dynamics

4. Competitive Benchmarking

5. Key financial charts

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Key questions answered in this report:

Q1 How big is the animal genetics market?

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Q2. What are the elements of animal genetics for retail?

Q3 What are the most important decision factors for service buyers?

Q4 How can we speed up our bidding process?

Q5. What is the potential of the animal genetics market?

Q6. Who are the key manufacturers in Animal Genetics Market space?

F7. What Are the Different Types of Animal Genetics Market?

Q8 What are the top strategies of companies in the animal genetics market?

Q9 What is the future of animal genetics?

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