Animal Genetics Market Scope And Analysis

  • Report Code : TIPRE00003517
  • Category : Life Sciences
  • Status : Published
  • No. of Pages : 199
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Animal Genetics Market Scope and Analysis by 2028

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Animal Genetics Market Report Scope

Report Attribute Details
Market size in 2022 US$ 6.13 Billion
Market Size by 2028 US$ 8.94 Billion
Global CAGR (2022 - 2028) 6.5%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Type
  • Services
  • Products
By Animal
  • Porcine
  • Poultry
  • Bovine
  • Canine
By Genetic Material
  • Embryo and Semen
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Neogen Corp
  • Genus Plc
  • Topigs Norsvin Nederland B V
  • Zoetis Inc
  • Hendrix Genetics B V
  • Inotiv Inc
  • Animal Genetics Inc
  • Alta Genetics Inc
  • Groupe Grimaud LA Corbiere
  • COVID-19 Impact:

    Research activities in genomic laboratories were widely affected in 2020 during the COVID-19 pandemic. Many animal laboratories conducting molecular testing in worldwide shifted their focus toward COVID-19 testing. With a rise in demand for PCR-based COVID-19 tests during the pandemic, animal laboratories had to shift their focus to this diagnostic area, which resulted in delayed animal genomic services. On the other hand, post-pandemic, the animal genetics market experienced good growth opportunities as SARS-CoV-2 is a zoonotic virus. A few animals, such as dogs, cats, ferrets, and minks, were tested positive for COVID-19. Thus, the lack of evidence of the origin of the transmission of COVID-19 from animals to humans, and insufficient insights into pathogenicity have provided vital growth opportunityi for research in animal genetics.

    Competitive Landscape and Key Companies:

    A few of the prominent players operating in the global animal genetics market include Neogen Corp, Genus Plc, Topigs Norsvin Nederland B.V, Zoetis Inc, Hendrix Genetics B.V, Inotiv Inc, Animal Genetics Inc, Alta Genetics Inc, GROUPE GRIMAUD LA CORBIERE, and Charles River Laboratories International Inc. These companies focus on new product launches and geographic expansions to meet the growing consumer demand worldwide and increase their product range in specialty portfolios. They have widespread global presence, which provides them to serve a large set of customers and subsequently increases their market share.