Animal Genetics Market : to Record a CAGR of 7.5%, Surge in Demand for Porcine and Bovine to Drive Growth – Market.us
Pune, Maharashtra, India, September 21 2022 (Wiredrelease) Prudour Pvt. Ltd –:Global Animal Genetics Market: Introduction
Animal genetics is the study of how genes are passed from one generation to the next in animals. It is a relatively new field, only becoming well-known in the past few decades. Animal genetics has many applications, including helping to improve the health and welfare of animals, as well as understanding the evolution of species.
The global animal genetics market is projected to reach USD 7.9 billion by 2026 from USD 5.6 billion in 2021, at a CAGR of 7.5% during the forecast period.
The growing demand for animal-derived protein, increasing global population and rapid urbanization is driving the growth of the animal genetics industry. This market growth is also due to increased focus on the identification of superior breeds, increased adoptions of genetic services that prevent genetic diseases & business losses, as well as increased adoptions of advanced genetic technologies.
Global Animal Genetics Market Key Developments
ABS Global announced on January 20,21 a partnership with Bair Ranch, to demonstrate the potential impacts of the cow/calf management system for utilizing the sexy semen and terminal genetics.
Solidaridad, in October 2020, announced a collaboration to Hendrix Genetics regarding a sustainable poultry programme in Mozambique or Zambia.
January 2020 Neogen announces a partnership with Gencove for advanced animal genomics research
This report provides valuable information to shareholders, new entrants, frontrunners, and shareholders. It helps them formulate strategies for the future, as well as take the necessary steps to strengthen their market position. The report includes graphical representations and tabular representations to provide an in-depth analysis of every segment as well as their sub-segments. This report is intended to aid market players, investors, new entrants, and others in formulating strategies based on the fastest-growing segments and highest revenue generation. Market.us data from the latest shows that North America in 2021 will be the largest Animal Genetics market. Mexico, Canada and the US are experiencing nominal CAGRs of [2022-2031] above the global average.
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Animal Genetics Market – Competitive Landscape
EW Group GmbH
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Animal Genetics Market Segmentation
Based on the type, the Animal Genetics market is segmented into
Animal Genetics Products
Animal Genetics Testing Services
Based on the application, the Animal Genetics market is segmented into
Market Breakup by Region:
– North America (United States, Canada)
– Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
– Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
– Latin America (Brazil, Mexico, Others)
– The Middle East and Africa
Market Report Coverage and Deliverables will help you to understand:
1. Company revenue shares | revenue (US$ Mn)
2. Upcoming Regional opportunities
3. Latest trends & Market dynamics
4. Competitive benchmarking
5. Key Financial Charts
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Key Questions Answered in This Report:
Q1. What is the market size of Animal Genetics?
Q2. What are the elements of retail Animal Genetics?
Q3. What are the key decision drivers for service buyers?
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Q5. What is the potential of the Animal Genetics Market?
Q6. Who are the prominent players in Animal Genetics Market?
Q7. What are the different types of Animal Genetics market?
Q8. What are the top strategies that companies adopt in Animal Genetics Market?
Q9. What is the future of Animal Genetics?
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