Global Animal Genetics Market Size, Status and Forecast 2019-2025

SKU ID : QYR-13904448 | Publishing Date : 01-Mar-2019 | No. of pages : 98

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.
The classification of Animal Genetics includes Animal Genetics Products and Animal Genetics Testing Services, and the proportion of Animal Genetics Products in 2015 is about 72%. The Animal Genetics Products segment accounted for the largest share of the animal genetics market in 2015.
Animal Genetics is widely used in Poultry, Porcine, Bovine and other field. The most proportion of Animal Genetics is Porcine, and the revenue in 2015 is about 395 M USD. Followed Porcine, Bovine is in the second place, and the proportion of Bovine revenue is nearly 23%.
North America region is the largest market of Animal Genetics, with market share nearly 38% in 2015. Europe is the second largest supplier of Animal Genetics, enjoying revenue market share nearly 30% in 2015. There are lots of companies in North America could provide Animal Genetics products and service.
The main players in Animal Genetics including Genus PLC, Hendrix Genetics, EW Group, Zoetis, CRV Holding, etc. They the leaders of the industry and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
In 2018, the global Animal Genetics market size was 3760 million US$ and it is expected to reach 6730 million US$ by the end of 2025, with a CAGR of 7.6% during 2019-2025.

This report focuses on the global Animal Genetics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Animal Genetics development in United States, Europe and China.

The key players covered in this study
Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo

Market analysis by product type
Animal Genetics Products
Animal Genetics Testing Services 

Market analysis by market
Poultry
Porcine
Bovine
Others

Market analysis by Region
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Animal Genetics status, future forecast, growth opportunity, key market and key players.
To present the Animal Genetics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Animal Genetics are as follows:
History Year: 2018-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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