Le Lézard
Classified in: Health, Covid-19 virus
Subject: MRR

Animal genetics market 2023-2027: Growth opportunities led by Animal Genetics Inc, Aquagen AS, Aviagen Group- Technavio

NEW YORK, Feb. 6, 2023 /PRNewswire/ -- The animal genetics market size is estimated to increase by USD 1534.79 million from 2022 to 2027, with an accelerated CAGR of 5.48%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region

Discover some insights on market size before buying the full report -Request a sample report

Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparative Analysis of Segments, and Y-O-Y Growth of Animal genetics market

To procure the data - Buy the report!

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.

Find Technavio's Exclusive Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria

The animal genetics market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below ?

Download a Sample Report

Growing demand for genetic testing services to reduce livestock diseases is notably driving the animal genetics market growth

The frequency of infectious diseases such as FMD, brucellosis, porcine cysticercosis, and African swine fever is rising.  To reduce the occurrence of these illnesses, there is an increasing demand for genetic testing services worldwide. Vendors are concentrating on providing genetic testing services in order to meet the rising need for infectious illness diagnostics in animals. These services provide precise illness diagnosis by locating disease-causing bacteria, aiding in the reduction of infection rates and transmission among animals. Therefore, the market will expand over the forecast period due to the rising use of genetic testing services to prevent cattle diseases. Furthermore, the growing focus on developing sustainable livestock is also boosting market growth. However, the shortage of skilled professionals to perform genetic testing is impeding the growth of the global animal genetics market.

Chart & Data Table on Historical Market Size (2017-2021, Historic Industry Size & Analysis of 15 Vendors and 7 Countries
The market is segmented by region North America, Europe, Asia, and the Rest of World (ROW). An analysis of key leading countries has been included.

For Insights on the market dynamics & segmentations VIEW the PDF SAMPLE!

Related Reports:

Moist Wound Dressings Market by Product, End-user and Geography - Forecast and Analysis 2023-2027: The moist wound dressings market is estimated to grow at a CAGR of 5.9% between 2022 and 2027. The size of the market is forecast to increase by USD 1,365.75 million. The increasing incidence and prevalence of acute and chronic wounds are notably driving the market growth, although factors such as the high cost of wound treatment may impede the market growth.

Surgical Sutures Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027: The surgical sutures market is estimated to grow at a CAGR of 4.68% between 2022 and 2027. The size of the market is forecasted to increase by USD 1,102.57 million. The increase in the number of surgeries is notably driving the market growth, although factors such as the growing preference for MIS may impede the market growth.

Register for a free trial today and gain instant access to 17,000+ market research reports. 
Technavio's SUBSCRIPTION platform

What are the key data covered in this animal genetics market report?

Animal Genetics Market Scope

Report Coverage


Page number


Base year


Historic period


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 5.48%

Market growth 2023-2027

USD 1534.79 million

Market structure


YoY growth 2022-2023 (%)


Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 35%

Key countries

US, Germany, UK, France, and China

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Animal Genetics Inc., AquaGen AS, Aviagen Group, Cooperatie Koninklijke CRV u.a., EasyDNA, Envigo, Genetic Veterinary Sciences Inc., Genex Cooperative, Genus Plc, Groupe Grimaud La Corbiere SA, Hendrix Genetics BV, Neogen Corp., Sandor Group Of Co., Superior Animal Genetics, Topigs Norsvin Holding B.V., Tropical Bovine Genetics, Vaxxinova International BV, Vetgen LLC, and Zoetis Inc

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Health Care" Research Reports

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Solution

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

These press releases may also interest you

25 mar 2023
Recognizing China for its support during the pandemic, the Senate of the Dominican Republic recently presented China with an award. The Senate's Vice President Santiago Zorrilla said at the award ceremony that the Dominican Republic will always...

25 mar 2023
Recognizing China for its support during the pandemic, the Senate of the Dominican Republic recently presented China with an award. The Senate's Vice President Santiago Zorrilla said at the award ceremony that the Dominican Republic will always...

25 mar 2023
ImmunoGen, Inc. , a leader in the expanding field of antibody-drug conjugates (ADCs) for the treatment of cancer, today announced final overall survival data and an evaluation of sequence of therapy in the pivotal SORAYA trial of mirvetuximab...

25 mar 2023
COLUMVI® (glofitamab for injection) is the first fixed treatment duration CD20xCD3 T-cell engaging bispecific antibody approved in Canada, and globally, to treat diffuse large B-cell lymphoma1, 2, 3Authorization is based on results from the phase...

24 mar 2023
Speak Up Women Announces April 2023 Conference with A Spectacular Agenda & Lineup of Keynote & Featured Speakers & Panel Discussions That Will Amplify the Importance of Speaking Up At Home, In the Workplace, and For Causes She Cares About Plus...

24 mar 2023
The "Pulse Oximeters, Spirometers Global Market Report 2023" report has been added to  ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the...

News published on 6 february 2023 at 20:00 and distributed by: