According to FutureWise analysis, the market for Animal Genetics was estimated to be US$ 5.9 billion in 2023 and is expected to grow at a CAGR of 6.7% over the forecast period of 2023-2031.
Animal genetics is a field of veterinary medicine that studies genes and their effects on living organisms. The genetic information within an organism's DNA serves as a biological blueprint for its appearance, function, and survival and largely defines its similarities and differences with other organisms. It depends on general genetic principles and concepts that use the hybrid, cytological, population, ontogenetic, mathematical-statistical, and twin methods of general genetics. Livestock genetics play a critical factor in influencing animal production and health. Due to the large number of animal chromosomes, traits tend to be inherited independently. The primary method of investigating the inheritance of characters is hybrid analysis; this enables the determination of the patterns of the inheritance of various physiological, morphological, and biochemical traits, which often depend only on one of several pairs of genes.
FutureWise Market Research has published a report that provides an insightful analysis of Animal Genetics Market trends affecting overall market growth.
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Animal Genetics Market Segmentation:
By Product and Services
- Animal genetic products
- Live animals
- Poultry
- Porcine
- Bovine
- Canine
- Other Live Animals
- Genetic materials
- Semen
- Bovine Semen
- Porcine Semen
- Equine Semen
- Canine Semen
- Other Animal Semen
- Embryos
- Bovine Embryos
- Equine Embryos
- Other Animal Embryos
- Animal genetic testing service
- Genetic Disease Tests
- Genetic Trait Tests
- DNA Typing
- Other Genetic Services
- Semen
By Species
- Porcine
- Bovine
- Canine
- Ovine
- Caprine
- Others
By Region
- Europe
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in the Animal Genetics Market:
- Genus
- Neogen Corporation
- Animal Genetics
- Urus
- EW Group GmbH
- Groupe Grimaud
- CRV Holding
- Topigs Norsvin
- Zoetis
- Envigo
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Animal Genetics Market By Product and Services, By Species and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Related market:
Some of the other related markets that you might be interested in are listed as below:
Cellular Epigenetics Market
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