Market Overview:
The global farm animal genetics market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for meat and milk products, rising awareness about animal health and nutrition, and technological advancements in the field of farm animal genetics. The global farm animal genetics market is segmented by type into Animal Genetics Products and Animal Genetics Testing Services. The Animal Genetics Products segment is further divided into Bovine, Porcine, Poultry, Canine, Other segments. The Animal Genetics Testing Services segment is further divided into DNA Typing/Genotyping Services, Embryo Transfer Services, In Vitro Fertilization (IVF) Services,, Semen Analysis & Cryopreservation Services segments. Based on application, the global farm animal genetics market is segmented into Bovine Genomics Market , Porcine Genomics Market , Poultry Genomics Market , Canine Genomics Market , Other Applications segments. North America dominates the global Farm Animal Genetics Market with a share of more than 30%. Asia Pacific region has emerged as one of the fastest-growing markets for Farm Animal Genetic products due to increase in population coupled with rising disposable income levels in countries such as China and India .
Product Definition:
Farm animal genetics is the study of heredity and variation in farm animals. Farm animal genetics is important because it can help improve the quality of livestock and increase production.
Animal Genetics Products:
Animal genetics is the study of genes and heredity in domestic animals. It includes the investigation of genetic diseases, hereditary characteristics, and inherited traits in animals. Animal genetics also deals with improvement in productivity through selection for different characteristics such as milk production or meat quality.
The animal genetics market is driven by factors such as growing demand for animal protein sources like beef.
Animal Genetics Testing Services:
Animal genetics testing services are used for the evaluation of hereditary and congenital disorders in farm animals. These tests also help to determine the genetic parentage of an animal, which is helpful for breeders to improve their productivity. The growing demand for milk & meat products globally has led to a surge in the number of animal breeding facilities, which has further propelled growth opportunities for players operating within this market space.
Application Insights:
Bovine accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing dairy production across the globe coupled with high demand for milk & milk products. Moreover, bovine genetic resources play an important role in improving animal health and productivity, which is expected to drive industry growth over the coming years.
Porcine genetics has witnessed significant adoption across swine producers as it offers insights into breeding programs that improve both genetic composition and phenotypic expression of animals within a population. This segment also includes pig research where porcines are used for biomedical research on diseases such as diabetes, cancer, respiratory disorders among others through cell culture techniques involving pigs producing human insulin via biotechnology applications known as transgenic pigs or bio-pigs).
Regional Analysis:
North America dominated the global farm animal genetics market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to factors such as high prevalence of genetic disorders and diseases in livestock animals and rising demand for meat production. In addition, increasing R&D activities by government organizations and private companies are projected to drive the market growth over this region. For instance, according to an article published in Trends Genet.
Asia Pacific is anticipated to be one of the fastest-growing regions due its developing economy with growing disposable income among middle-class population groups coupled with rapid urbanization trends observed across countries such as China & India & Indonesia etc.
Growth Factors:
- Increasing demand for meat and dairy products due to population growth and changing dietary preferences
- Rising awareness about the health benefits of consuming animal-based proteins
- Technological advancements in livestock breeding and genetics that improve productivity and quality of farm animals
- Growing demand for organic meat and dairy products from health-conscious consumers
- Consolidation of the agricultural sector, which is resulting in larger farms with more resources to invest in animal genetics
Scope Of The Report
Report Attributes
Report Details
Report Title
Farm Animal Genetics Market Research Report
By Type
Animal Genetics Products, Animal Genetics Testing Services
By Application
Bovine, Porcine, Poultry, Canine, Other
By Companies
Genus PLC, Hendrix Genetics, EW Group, Zoetis, CRV Holding, Grimaud, Topigs Norsvin, Alta Genetics, Neogen Corporation, Envigo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Farm Animal Genetics Market Report Segments:
The global Farm Animal Genetics market is segmented on the basis of:
Types
Animal Genetics Products, Animal Genetics Testing Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bovine, Porcine, Poultry, Canine, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Genus PLC
- Hendrix Genetics
- EW Group
- Zoetis
- CRV Holding
- Grimaud
- Topigs Norsvin
- Alta Genetics
- Neogen Corporation
- Envigo
Highlights of The Farm Animal Genetics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Animal Genetics Products
- Animal Genetics Testing Services
- By Application:
- Bovine
- Porcine
- Poultry
- Canine
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Farm Animal Genetics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Farm animal genetics is the study of how genes affect the characteristics of farm animals. This includes research on breeding programs, genetic diseases, and nutrition.
Some of the major companies in the farm animal genetics market are Genus PLC, Hendrix Genetics, EW Group, Zoetis, CRV Holding, Grimaud, Topigs Norsvin, Alta Genetics, Neogen Corporation, Envigo.
The farm animal genetics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Farm Animal Genetics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Farm Animal Genetics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Farm Animal Genetics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Farm Animal Genetics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Farm Animal Genetics Market Size & Forecast, 2018-2028
4.5.1 Farm Animal Genetics Market Size and Y-o-Y Growth
4.5.2 Farm Animal Genetics Market Absolute $ Opportunity
Chapter 5 Global Farm Animal Genetics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Farm Animal Genetics Market Size Forecast by Type
5.2.1 Animal Genetics Products
5.2.2 Animal Genetics Testing Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Farm Animal Genetics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Farm Animal Genetics Market Size Forecast by Applications
6.2.1 Bovine
6.2.2 Porcine
6.2.3 Poultry
6.2.4 Canine
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Farm Animal Genetics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Farm Animal Genetics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Farm Animal Genetics Analysis and Forecast
9.1 Introduction
9.2 North America Farm Animal Genetics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Farm Animal Genetics Market Size Forecast by Type
9.6.1 Animal Genetics Products
9.6.2 Animal Genetics Testing Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Farm Animal Genetics Market Size Forecast by Applications
9.10.1 Bovine
9.10.2 Porcine
9.10.3 Poultry
9.10.4 Canine
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Farm Animal Genetics Analysis and Forecast
10.1 Introduction
10.2 Europe Farm Animal Genetics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Farm Animal Genetics Market Size Forecast by Type
10.6.1 Animal Genetics Products
10.6.2 Animal Genetics Testing Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Farm Animal Genetics Market Size Forecast by Applications
10.10.1 Bovine
10.10.2 Porcine
10.10.3 Poultry
10.10.4 Canine
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Farm Animal Genetics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Farm Animal Genetics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Farm Animal Genetics Market Size Forecast by Type
11.6.1 Animal Genetics Products
11.6.2 Animal Genetics Testing Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Farm Animal Genetics Market Size Forecast by Applications
11.10.1 Bovine
11.10.2 Porcine
11.10.3 Poultry
11.10.4 Canine
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Farm Animal Genetics Analysis and Forecast
12.1 Introduction
12.2 Latin America Farm Animal Genetics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Farm Animal Genetics Market Size Forecast by Type
12.6.1 Animal Genetics Products
12.6.2 Animal Genetics Testing Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Farm Animal Genetics Market Size Forecast by Applications
12.10.1 Bovine
12.10.2 Porcine
12.10.3 Poultry
12.10.4 Canine
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Farm Animal Genetics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Farm Animal Genetics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Farm Animal Genetics Market Size Forecast by Type
13.6.1 Animal Genetics Products
13.6.2 Animal Genetics Testing Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Farm Animal Genetics Market Size Forecast by Applications
13.10.1 Bovine
13.10.2 Porcine
13.10.3 Poultry
13.10.4 Canine
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Farm Animal Genetics Market: Competitive Dashboard
14.2 Global Farm Animal Genetics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Genus PLC
14.3.2 Hendrix Genetics
14.3.3 EW Group
14.3.4 Zoetis
14.3.5 CRV Holding
14.3.6 Grimaud
14.3.7 Topigs Norsvin
14.3.8 Alta Genetics
14.3.9 Neogen Corporation
14.3.10 Envigo
