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The global Animal Genetic Products market was valued at US$ 5244.6 million in 2022 and is projected to reach US$ 6311 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Animal Genetics is a branch of genetics that studies heredity and variation chiefly in farm animals but also in domestic and wild animals. It is based on general genetic principles and concepts, and it mainly uses the hybrid, cytological, population, ontogenetic, mathematical-statistical, and twin methods of general genetics.
Animal breeding or genetics is the area of science where experts are trying to steer the frequency of certain genes by combining the most superior or desired individual animals to be the parents of the next generation. This process is focused on getting improved offspring who are on average better than the previous generation.
This report aims to provide a comprehensive presentation of the global market for Animal Genetic Products, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Animal Genetic Products. This report contains market size and forecasts of Animal Genetic Products in global, including the following market information:
Global Animal Genetics key players include Genus PLC, Hendrix Genetics, EW Group, Zoetis, etc. Global top four manufacturers hold a share about 50%.
North America is the largest market, with a share over 35%, followed by Europe, and Asia-Pacific, both have a share over 50 percent.
In terms of product, Animal Genetics Products is the largest segment, with a share over 70%. And in terms of application, the largest application is Porcine, followed by Bovine, Poultry, etc.
We surveyed the Animal Genetic Products manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Animal Genetic Products Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Animal Genetic Products Market Segment Percentages, by Type, 2022 (%)
Global Animal Genetic Products Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Animal Genetic Products Market Segment Percentages, by Application, 2022 (%)
Global Animal Genetic Products Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Animal Genetic Products Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Animal Genetic Products revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Animal Genetic Products revenues share in global market, 2022 (%)
Key companies Animal Genetic Products sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Animal Genetic Products sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: