Report updated on 11th September, 2021: Global Animal Genetics Market 2021 (Includes Business Impact of COVID-19)
Global Animal Genetics Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights, which offers in-depth insights, revenue details, and other vital information regarding the global animal genetics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global animal genetics market report has been segmented on the basis of animal type, genetic material, testing service, and region.
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The global Animal Genetics market size was valued at USD$5.07 billion in 2020 and is projected to reach $10.40 billion by 2030, and is anticipated to expand at a CAGR of 7.45% over the forecast period from 2020 to 2030.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the global market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the global animal genetics market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Overview:
Animal genetics involves study of heredity in animals. Animal genetics is the study of color, genetics, gene expression, and animal breeding for wide area of applications and is mainly focused on passing of traits from one generation to the next.
Dynamics:
Increasing consumption of animal-derived protein based dietary supplements and food among individuals across the globe are key factors expected to drive growth of the global animal genetics market during the forecast period. Rising disposable income, growing global population, rapid urbanization, and changing food consumption habits of individuals across the globe are some other factors expected to support growth of the target market in the near future.
In addition, increasing evolution in omics using advanced genetic technologies for cattle beef feeding owing to various benefits offered by animal genetics such as increased seed stock and cattle production is expected to boost growth of the global market. In addition, increasing focus on identifying superior breeds in breeding stock by genetic engineering to achieve high reproduction rate is another factor expected to fuel growth of the global animal genetics market in the next 10 years.
However, stringent rules and regulations associated with animal breeding programs and genetic engineering experiments and lack of skilled professionals in veterinary research field are some factors expected to restrain growth of the global animal genetics market over the forecast period.
Trend:
Continuous launch of new supplementary products for animal breeding in order to cater the growing demand for varied breeding needs and rising innovation in phenotyping services by leading players are some key trends witnessed currently in the target market.
Segmental Analysis:
On the basis of animal type, the porcine segment is expected to dominate the target market, owing to growing demand for lean pork meat and increasing consumption and production of live porcine across the globe.
On the basis of genetic material, the semen segment is expected to dominate the target market, owing to increasing utilization of artificial insemination and semen sexing in breeding of livestock in the swine industry across the globe.
On the basis of testing service, the genetic disease tests segment is expected to dominate the target market, owing to increasing adoption of genomic disease tests services among farmers to prevent productivity loss of livestock across the globe.
Regional Analysis:
The market in North America is expected to dominate the global market. This is primarily attributed to high adoption rate for advanced genetic testing methods and high awareness about animal genetics in countries such as US and Canada in the region.
The market in Asia Pacific is expected to be an emerging market for the global animal genetics market, and is expected to register highest CAGR over the forecast period, owing to growing demand for meat and dairy products and increasing production and consumption of livestock products in countries in the region.
Moreover, the markets in Europe, Latin America and Middle East & Africa are expected to register lucrative growth in the target market over the forecast period.
Below are the active patents related to Animal Genetics Market.
Patent Number: US7795493B2
Porcine animals lacking any expression of functional alpha 1, 3 galactosyltransferase
Abstract
The present invention is a porcine animal, tissue, organ, cells and cell lines, which lack any expression of functional alpha 1,3 galactosyltransferase (alpha1,3GT). These animals, tissues, organs and cells can be used in xenotransplantation and for other medical purposes.
Application filed Date: 2003-08-21
Application granted: 2010-09-14
Current Assignee: Revivicor Inc
Patent Number: US9206478B2
Methods and systems for inferring bovine traits
Abstract
Methods, compositions, and systems are provided for managing bovine subjects in order to maximize their individual potential performance and edible meat value, and to maximize profits obtained in marketing the bovine subjects. The methods and systems draw an inference of a trait of a bovine subject by determining the nucleotide occurrence of at least one bovine SNP that is identified herein as being associated with the trait. The inference is used in methods of the present invention to establish the economic value of a bovine subject, to improve profits related to selling beef from a bovine subject; to manage bovine subjects, to sort bovine subjects; to improve the genetics of a bovine population by selecting and breeding of bovine subjects, to clone a bovine subject with a specific trait, to track meat or another commercial product of a bovine subject; and to diagnose a health condition of a bovine subject. Methods are also disclosed for identifying additional SNPs associated with a trait, by using the associated SNPs identified herein.
Application filed Date: 2013-04-25
Application granted: 2015-12-08
Current Assignee: Cargill Inc, Branhaven LLC
Patent Number: EP2360472A2
Methods and materials for canine breed identification
Abstract
In one aspect, the invention provides methods for determining the contributions of canid populations to a canid genome. The methods comprise the steps of: (a) obtaining the identity of one or both alleles in a test canid genome for each of a set of markers; and (b) determining the contributions of canid populations to the test canid genome by comparing the alleles in the test canid genome to a database comprising canid population profiles, wherein each canid population profile comprises genotype information for the set of markers in the canid populations.
Application filed Date: 2004-12-15
Application granted: 2015-04-15
Current Assignee: Fred Hutchinson Cancer Research Center
Global Animal Genetics Market Segmentation:
Segmentation by animal type:
- Poultry
- Porcine
- Bovine
- Canine
Segmentation by genetic material:
- Semen
- Bovine Semen
- Porcine Semen
- Equine Semen
- Canine Semen
- Embryos
- Bovine Embryos
- Equine Embryos
Segmentation by testing service:
- DNA Typing
- Genetic Trait Tests
- Genetic Disease Tests
- Other (Prenatal Testing, Diagnostic Testing, Predictive and Presymptomatic Testing, Forensic Testing)
Key Market Players included in the report:
- Cobb-Vantress (US)
- CRV Holding (Netherlands)
- DanBre (Denmark)
- Envigo Corporation
- Eurogene AI Services (Ireland)
- EW Group (Germany)
- Genetic Veterinary Sciences (US)
- Groupe Grimaud La Corbiere SA
- Hendix Genetics (Netherlands)
- Inguran LLC dba ST Genetics (US)
- Milk Source (US)
- Neogen Corporation (US)
- Semex Alliance (Canada)
- Topigs Norsvin (Netherlands)
- Trans Ova Genetics (US)
- Tropical Bovine Genetics (India)
- URUS (US)
- VetGen (US)
- Zoetis (US)
Below are the key development related to Animal Genetics Market in 2020 and 2021.
April 2021: New sexed semen lab to open in Ireland. Irish dairy producers will get their long-desired semen sorting lab when global sexed-semen technology leader and innovator Sexing Technologies opens its first facility in Ireland in November. Two leading Irish A.I. companies, Dovea Genetics and Eurogene AI Services have committed to produce sex-sorted semen at the new facility. We are delighted that Sexing Technologies is coming to Ireland to offer this leading technology to our A.I. industry and, ultimately, to our dairy and beef producers. Producers who utilize genomic testing can more easily identify their top genetic merit animals, which they can breed with sexed semen, and their animals with lesser genetic merit can be bred with beef semen to produce a beef calf that will generate added income.
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