Animal Genetics Market Revenue Size, Trends and Factors, Regional Share Analysis & Forecast

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The growth of the market is attributed to growing consumption of animal-derived food products in animal genomics, and increasing demand for genetic testing services.

The global Animal Genetics Market is projected to reach USD 9.66 billion by 2027, according to a recent report by Emergen Research. With the help of genetic modification practices which are quite progressive over the recent past, the production of animals with changed breeds has become high, hence attracting investments from all the major consumers on a global scale. Placental mammal farmers area unit achieving high milk-and meat-production by leveraging animal genetic technology. With the assistance of strategic breeding, the placental mammal farmers have been able to bag comparatively higher gains, that is likely to broaden and drive the growth of the end-user base of the market.

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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Competitive Outlook: The leading companies operating in the Animal Genetics market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Animal Genetics Market and Profiled in the Report are:

Groupe Grimaud La Corbiere SA Genus Plc, Envigo Corporation, Topigs Norsvin, CRV Holding B.V, Hendrix Genetics BV, Zoetis, Inc, Urus, Animal Genetics, Inc., Neogen Corporation

Objectives of the Report:

Study of the global Animal Genetics market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Animal Genetics market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Animal Genetics market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Animal Genetics market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Live Animals Outlook (Revenue, USD Billion; 2017-2027)

    • Porcine
    • Bovine
    • Poultry
    • Canine
    • Others
  • Genetic Materials Outlook (Revenue, USD Billion; 2017-2027)

    • Embryo
    • Semen
  • Services Type Outlook (Revenue, USD Billion; 2017-2027)

    • Genetic Trait Testing
    • Genetic Disease Testing
    • DNA Type Testing

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Browse Detailed Research report @ https://www.emergenresearch.com/industry-report/animal-genetics-market

Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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