Global Farm Animal Genetics Market 2024 by Company, Regions, Type and Application, Forecast to 2030

SKU ID : GIR- 27972416

Publishing Date : 08-Aug-2024

No. of pages : 109

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  • According to our Researcherlatest study, the global Farm Animal Genetics market size was valued at USD 5272.3 million in 2023 and is forecast to a readjusted size of USD 8197.2 million by 2030 with a CAGR of 6.5% during review period.
    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 farm animal genetics market is driven by the increasing demand for high-quality animal products and the growing focus on livestock breeding for improved productivity. Farm animal genetics involves the study and manipulation of genetic traits in livestock to enhance desirable characteristics such as growth rate, milk yield, and disease resistance. The rise in global population and the need for sustainable food production contribute to market growth. Moreover, advancements in genetic technologies, such as genomic selection and marker-assisted breeding, have improved the accuracy and efficiency of animal breeding programs. However, the market also faces challenges, including the complexity of genetic traits and the potential for unintended consequences in genetic manipulation. Additionally, addressing regulatory and ethical considerations and ensuring accessibility and affordability of genetic technologies can pose obstacles for widespread adoption. To succeed, companies must focus on research and development to offer superior genetics for farm animals, collaborate with farmers and agricultural institutions to enhance breeding programs, and address the challenges to meet the increasing demand for efficient and sustainable livestock production.
    The Global Info Research report includes an overview of the development of the Farm Animal Genetics industry chain, the market status of Bovine (Animal Genetics Products, Animal Genetics Testing Services), Porcine (Animal Genetics Products, Animal Genetics Testing Services), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Farm Animal Genetics.
    Regionally, the report analyzes the Farm Animal Genetics markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Farm Animal Genetics market, with robust domestic demand, supportive policies, and a strong manufacturing base.
    Key Features:
    The report presents comprehensive understanding of the Farm Animal Genetics market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Farm Animal Genetics industry.
    The report involves analyzing the market at a macro level:
    Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Animal Genetics Products, Animal Genetics Testing Services).
    Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Farm Animal Genetics market.
    Regional Analysis: The report involves examining the Farm Animal Genetics market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
    Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Farm Animal Genetics market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
    The report also involves a more granular approach to Farm Animal Genetics:
    Company Analysis: Report covers individual Farm Animal Genetics players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
    Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Farm Animal Genetics This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Bovine, Porcine).
    Technology Analysis: Report covers specific technologies relevant to Farm Animal Genetics. It assesses the current state, advancements, and potential future developments in Farm Animal Genetics areas.

    Competitive Landscape

    : By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Farm Animal Genetics market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
    Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
    Market Segmentation
    Farm Animal Genetics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
    Market segment by Type
    Animal Genetics Products
    Animal Genetics Testing Services
    Market segment by Application
    Bovine
    Porcine
    Poultry
    Canine
    Other
    Market segment by players, this report covers
    Genus PLC
    Hendrix Genetics
    EW Group
    Zoetis
    CRV Holding
    Grimaud
    Topigs Norsvin
    Alta Genetics
    Neogen Corporation
    Envigo
    Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 13 chapters:
    Chapter 1, to describe Farm Animal Genetics product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top players of Farm Animal Genetics, with revenue, gross margin and global market share of Farm Animal Genetics from 2019 to 2024.
    Chapter 3, the Farm Animal Genetics competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
    Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
    Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Farm Animal Genetics market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
    Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
    Chapter 12, the key raw materials and key suppliers, and industry chain of Farm Animal Genetics.
    Chapter 13, to describe Farm Animal Genetics research findings and conclusion.

    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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