Discover trends, market shifts, and competitive outlooks for the animal genetics industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#How Has The Animal Genetics Market Size Shifted, And What Is the Outlook Through 2034?#_x000D_

In recent times, the animal genetics market has experienced robust growth. The market, valued at $6.76 billion in 2024, is projected to escalate to $7.29 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.8%. This historical growth trend is linked to rising demand for superior animal proteins and meat, governmental actions and financial support, an increased incidence of genetic diseases, an expanding livestock population, with a growing consciousness around animal welfare._x000D_

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Anticipations are high for robust enlargement of the animal genetics market in the years to come with a projected value of $9.79 billion by 2029 and a Compound Annual Growth Rate (CAGR) of 7.6%. This growth trajectory in the predictive timespan is largely due to the wider acceptance of sophisticated genomic technologies, the evolution of portable and cost-efficient genetic testing solutions, and increased demand for animal-based products. Furthermore, the surge in demand for higher quality nutrition and growing interest for animal-originated dietary supplements also contribute to this growth. Prominent trends within this future period incorporate the next-generation sequencing (NGS), the likes of CRISPR-Cas9 techniques which ensure meticulous changes to the genetic code, advanced genetic identification procedures such as DNA typing and genetic-related disease tests, and advancements in reproductive technologies._x000D_

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#Which Major Market Drivers Are Expected to Boost the Growth Potential of the Animal Genetics Market?#_x000D_

The projected growth of the animal genetics market is anticipated to be propelled by the rising demand for animal protein. Animal protein, obtained from sources such as meat, poultry, fish, dairy products, and eggs, is gaining popularity, particularly in developed nations. This is due to an increased focus on health, fitness, and cultural eating habits that favor protein-rich diets. Animal genetics facilitates the enhancement of animal protein production by allowing the selection and breeding of animals exhibiting superior traits like higher muscle mass, disease resistance, and better reproductive efficiency. This ultimately results in more productive and efficient livestock farming. For example, the Food and Agriculture Organization, a specialized agency of the United Nations based in Italy, reported in December 2023 that global meat production consistently rose from 350 million tons in 2021 to 355 million tons in 2022. As such, the escalating demand for animal protein is driving the expansion of the animal genetics market._x000D_

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#Which Key Market Segments Comprise the Animal Genetics Market and Drive Its Revenue Growth?#_x000D_

The animal genetics market covered in this report is segmented –_x000D_

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1) By Type: Animal Genetics Products, Genetic Materials, Embryo_x000D_

2) By Service: Genetic Disease Tests, DNA Typing, Genetic Trait Tests, Other Services_x000D_

3) By Animal Type: Cattle, Pigs, Sheep And Goats, Companion Animals, Other Animals_x000D_

4) By End User: Veterinary Hospitals And Clinics, Academic And Research Institutes, Animal Breeders, Pet Owners_x000D_

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Subsegments:_x000D_

1) By Animal Genetics Products: Genetic Testing Kits, Breeding Services, Genomic Selection Tools, DNA Sequencing Services_x000D_

2) By Genetic Materials: Semen (Artificial Insemination), Ovum (Eggs), Sperm Cells, Genetic Modification Reagents_x000D_

3) By Embryo: Embryo Transfer Services, Embryo Cryopreservation (Freezing), In Vitro Fertilization (IVF) Embryo Production, Embryo Sexing Services_x000D_

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#Which Areas Are Leading Regions in the Animal Genetics Market Expansion Across the Globe?#_x000D_

North America was the largest region in the animal genetics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal genetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_

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#What Key Market Trends and Innovations Are Shaping the Future of the Animal Genetics Industry?#_x000D_

Key players in the animal genetics industry are pioneering new platforms that utilize artificial intelligence (AI) to more accurately and efficiently identify favorable characteristics. AI is being leveraged to anticipate and recognize genetic diseases at an early stage, enabling prompt action and lessening the frequency of inherited ailments in animals. For instance, Zoetis, an animal health firm based in the US, rolled out its most recent diagnostics advancement in April 2022 by incorporating AI blood smear testing into its multi-purpose platform, Vetscan Imagyst. This tool employs advanced machine learning AI for precise and swift blood smear scrutiny, enhancing complete blood count (CBC) outcomes and supporting veterinarians in making improved treatment choices for animals presenting blood disorders. This AI-based examination in Vetscan Imagyst can pinpoint anomalies, give an estimated platelet count, authenticate white blood cell differentials, detect and tally polychromasia, and more, all within minutes._x000D_

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#How Is the Animal Genetics Market Conceptually Defined?#_x000D_

Animal genetics refers to the practice of selective breeding of farm and companion animals by humans for specific benefits. This includes the use of genetic modification and selective breeding practices to increase the yield of animal-derived products. Animal genetics allows for the selection of desirable traits in livestock, such as higher milk yield, better meat quality, disease resistance, and improved growth rates._x000D_

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