Animal Genetics Market Size, Share, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027


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.

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The Global Animal Genetics Market Research Report published by emergen research has been formulated by analysis of key business details and extensive geographical spread of the Animal Genetics industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Animal Genetics market along with crucial statistical data about the Animal Genetics market.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 research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.With both qualitative and quantitative analysis, we provide you with thorough and comprehensive information on the global Animal Genetics market. The study also entails SWOT, PESTLE, and Porter’s Five Forces analyses of the global Animal Genetics market.

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In 2018, to associate degree animal genetic and make a speciality of genetic evaluations and knowledge management for cattle-breeding organizations, Neogen acquired Livestock Genetic Services, a animal genetics company. With the help of the acquisition, Neogen enhanced in-house genetic analysis capabilities and expanded the company’s international network of animal genetic science laboratories

Key participants include Genus Plc; Envigo Corporation, Topigs Norsvin, CRV Holding B.V, Groupe Grimaud La Corbiere SA, Hendrix Genetics BV, Neogen Corporation, Zoetis, Inc, URUS and Animal Genetics, Inc. among others.

Market Dynamics:

The report offers insightful information about the market dynamics of the Animal Genetics market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Animal Genetics market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Animal Genetics market.

The current COVID-19 pandemic is expected to have an effect on the growth of the Animal Genetics industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns.

The COVID-19 pandemic has affected several sectors of the global market, and the Animal Genetics sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Animal Genetics industry.

Read More: https://www.emergenresearch.com/industry-report/animal-genetics-market

For the purpose of this report, Emergen Research has segmented into the global Animal Genetics Market on the basis of live animals, genetic materials and services:

  • 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

Radical Highlights of the Animal Genetics Market Report:

  • Comprehensive overview of the Animal Genetics market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Animal Genetics market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

 Key questions addressed in the report:

  • Who are the leading players dominating the global Animal Genetics Market?
  • Which factors could potentially hamper the global market growth during the forecast period?
  • Which regional market offers the most attractive growth opportunities to the companies operating in this market?
  • How is the raw material availability affecting the demand for Animal Genetics in this industry vertical?

Research Methodology

  • Data triangulation and market breakdown
  • Research assumptions Research data including primary and secondary data
  • Primary data includes breakdown of primaries and key industry insights
  • Secondary data includes key data from secondary sources

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