Animal Genetics Market to Grow at 6.5% CAGR to 2023

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The Global Animal Genetics Market is projected to reach US$ 5.8 Billion by 2023 from US$ 4.2 Billion in 2018, at a CAGR of 6.5 % during the forecast period. Factors such as rising consumption for animal-derived protein, growing population and rapid urbanization across the globe, increased adoption of genetic services and advanced genetic technologies for larger-scale production and quality breeds, and growing focus on identifying superior breeds are likely to boost the growth of the market.

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Browse and In-depth Table of Content on “Animal Genetics Market”

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North America is expected to dominate the animal genetics market during the forecast period. This is attributed to the better accessibility to advanced genomic technologies and well-established distribution channels across the region. Besides, the presence of prominent livestock sector, and a number of leading players in this region, along with the growing demand for animal food products is also expected to propel the growth in this region.

Access Full Report on “Animal Genetics Market by Products & Services (Live Animals (Poultry, Porcine, Bovine, Canine) Genetic Material (Semen (Bovine, Porcine), Embryo (Bovine, Equine)) Genetic Testing (DNA Testing, DNA Typing, Genetic Disease Testing)) – Forecast to 2023” report at https://www.reportsnreports.com/purchase.aspx?name=345781 .

Reasons to buy this report:

Animal Genetics Market research report has focused on various levels of analysis—market share analysis of top players, company profiles which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the animal genetics market; high-growth regions; and market drivers, restraints, and opportunities.

Top Key Players in the “Animal Genetics Market” include are

• Neogen Corporation (US)
• Genus (UK)
• URUS (US)
• EW Group (Germany)
• Groupe Grimaud (France)
• CRV Holding (Netherlands)
• Topigs Norsvin (Netherlands)
• Zoetis (US)
• Envigo (US)
• Hendrix Genetics (Netherlands)
• Animal Genetics (US)
• vetGen (US)

The Study Objectives of this report are:

• To strategically analyze various segments and subsegments covered in the study with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze market opportunities in the animal genetics market for stakeholders and provide details of the competitive landscape for key players
• To track and analyze competitive developments such as joint ventures, mergers and acquisitions, new product developments, agreements, and partnerships in the animal genetics industry
• To profile the key players in this market and comprehensively analyze their market shares and core competencies
• To forecast the market size of North America, Europe, Asia, and the Rest of the World

Research Coverage:

The animal genetics market in this report is segmented by product & service, and regions. It provides detailed information regarding major factors influencing the growth market (drivers, restraints, opportunities, and industry-specific challenges). The study tracks and analyzes competitive developments (such as partnerships, agreements, collaborations, mergers & acquisitions, product developments, geographical expansions, and R&D activities) and strategically profiles the key players and comprehensively analyzes their market ranks and core competencies in the animal genetics market.

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