Animal Genetics Market Reflect Impressive Expansion by 2027 With NEOGEN Corporation,, HENDRIX GENETICS BV, Zoetis Inc., Genus, TOPIGS NORSVIN, Envigo, VetGen, ANIMAL GENETICS INC.,

Research Reports

Mar 20, 2021

A new research document with title Global Animal Genetics Market Report covering detailed analysis, Competitive landscape, forecast and strategies has been added to the Insight Partners. The study covers geographic analysis that includes regions like North America, Europe and Asia-Pacific, South America, Middle East and Africa. The report will help user gain market insights, future trends and growth prospects for forecast to 2027.

The Animal Genetics Market was valued at US$ 4,778.67 million in 2019 and is projected to reach US$ 7,705.23 million by 2027; it is expected to grow at a CAGR of 6.3% from 2020 to 2027.

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Animal Genetics Market Forecast to 2027 – COVID-19 Impact and Global Analysis By Product (Poultry, Porcine, Bovine, Canine, and Others), Genetic Material (Semen and Embryo), and Services (DNA Typing, Genetic Trait Tests, Genetic Disease Tests, and Others)

Top Leading Companies

NEOGEN Corporation,
HENDRIX GENETICS BV
Zoetis Inc.
Genus
TOPIGS NORSVIN
Envigo
VetGen
ANIMAL GENETICS INC.
ALTA GENETICS INC.
Groupe Grimaud

Our expert team is consistently working on updated data and information of key player’s related business processes which values the market. For future strategies and predictions, we provide special section regarding covid-19 situation.

Market Insights

Growing Preference for Animal-Derived Protein Supplements and Food Products

Increase population and rapid urbanization across the world have resulted in growing preference for animal-derived food products, such as dairy products and meat, which contain high protein. According to the study published by Meat and Livestock Australia in 2015, genetically modified cows can produce more milk and are less susceptible to various common cattle diseases, such as bovine respiratory disease complex and clostridia disease, which has benefited the cattle farmers in overall aspects. Moreover, increase in livestock population and rise in awareness about animal genetic disorders in order to fulfill the unmet demands for animal proteins among the consumers is further propelling the market growth. As proteins play an important role in nutrition, the consumption of meat and meat products has increased among the population. Animal-derived proteins assist synthesis of body tissues for repair and faster growth. Moreover, amino acid profile offered by animal derived proteins plays a significant role in growth, immunity, adaptability to environment, and other biological functions. For instance, genetically modified poultry, such as broilers, have high amount of proteins and are easily digestible. All these factors would propel the demand for animal-derived proteins and food products, thereby driving the animal genetics market.

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Animal Genetics Market which would mention How the Covid-19 is Affecting the Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Disposable Incontinence Products (DIPs) Players to fight Covid-19 Impact.

The researchers have analysed the competitive advantages of those involved in the industries or in the Animal Genetics industry. While historical years were taken as 2020 – 2027, the base year for the study was 2020. Similarly, the report has given its projection for the year 2020 apart from the outlook for years 2020 – 2027.

The objective of the researchers is to find out the sales, value, and status of the Animal Genetics industry at the international levels. While the status covers the years of 2020 – 2027, the forecast is for the period 2020 – 2027 that will enable market players to not only plan but also execute strategies based on the market needs.

The study wanted to focus on key manufacturers, competitive landscape, and SWOT analysis for the Animal Genetics Market. Apart from looking into the geographical regions, the report concentrated on key trends and segments that are either driving or preventing the growth of the industry. Researchers have also focused on individual growth trends besides their contribution to the overall market.

An outline of the regional analysis:

Geographically, the report segments the Animal Genetics market into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America.
Contribution of each region to the overall market share, along with their growth rate forecast are mentioned in the report.
Total sales and revenue generated by each regional market are illustrated.
Comprehensive assessment of all opportunities and risks in the Animal Genetics market.

Animal Genetics market recent innovations and major events.

A detailed study of business strategies for the growth of the Animal Genetics market-leading players.
Conclusive study about the growth plot of the Animal Genetics market for forthcoming years.
In-depth understanding of Animal Genetics market-particular drivers, constraints, and major micro markets.
Favorable impression inside vital technological and market latest trends striking the Animal Genetics market.

Additional highlights of the Animal Genetics market report:

The product offerings, company profiles, production patterns, and market remunerations are discussed at length.
Pricing model followed by every company, plus their gross margins and market share are given.
Volume predictions for each product category as well as their revenue share are graphed in the report.
Other essentials such as market share and growth rate of each product category over the forecast timeframe are included.
Market share held by each application segment and their projected growth rate during the study period are evaluated.
The report examines the competition trends, and also offers a complete analysis of the industry supply chain.

Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 10+ companies.

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