Animal Genetics Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast

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The growth of the market is attributed to growing consumption of animal-derived food products in animal genomics, and increasing demand for genetic testing services.

The global Animal Genetics Market is projected to reach USD 9.66 billion by 2027, according to a recent report by Emergen Research. With the help of genetic modification practices which are quite progressive over the recent past, the production of animals with changed breeds has become high, hence attracting investments from all the major consumers on a global scale. Placental mammal farmers area unit achieving high milk-and meat-production by leveraging animal genetic technology. With the assistance of strategic breeding, the placental mammal farmers have been able to bag comparatively higher gains, that is likely to broaden and drive the growth of the end-user base of the market.

The report offers insightful information about the market dynamics of the Animal Genetics market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Animal Genetics market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Animal Genetics market. It puts examines drivers and restraints of the Animal Genetics market and analyzes their impact on the industry throughout the forecast period.

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 Key Players operating in the industry are:

Groupe Grimaud La Corbiere SA Genus Plc, Envigo Corporation, Topigs Norsvin, CRV Holding B.V, Hendrix Genetics BV, Zoetis, Inc, Urus, Animal Genetics, Inc., Neogen Corporation

Radical Features of the Animal Genetics Market Report:

  • The report encompasses Animal Genetics market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Animal Genetics industry

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Segmentation:

  • Live Animals Outlook (Revenue, USD Billion; 2017-2027)

    • Porcine
    • Bovine
    • Poultry
    • Canine
    • Others
  • Genetic Materials Outlook (Revenue, USD Billion; 2017-2027)

    • Embryo
    • Semen
  • Services Type Outlook (Revenue, USD Billion; 2017-2027)

    • Genetic Trait Testing
    • Genetic Disease Testing
    • DNA Type Testing

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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