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What Is the Estimated Market Size of the Animal Genetics Market In 2029?

Over recent years, there has been a marked growth in the animal genetics market. The projections show an increase from $6.76 billion in 2024 to $7.28 billion in 2025, representing a compound annual growth rate (CAGR) of 7.6%. The historical growth can be linked to several factors including an increased desire for superior animal proteins and meat, supportive government initiatives and funding, the rising occurrence of genetic diseases, an expanding livestock population, and heightened awareness of animal welfare.

In the coming years, a robust expansion is anticipated in the animal genetics market. This market is projected to reach $9.6 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.2%. The projected growth during this period can be credited to the rising use of progressive genomic technologies, the creation of portable and economical genetic testing solutions, augmented demand for products derived from animals, growing need for superior nutrition, and the escalating demand for dietary supplements derived from animals. Key trends during the forecast period encompass next-generation sequencing (NGS), techniques such as CRISPR-Cas9 which allow accurate changes to the genetic code, sophisticated genetic identification methods like DNA typing and genetic disorder tests, along with advances in reproductive technologies.

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What Are the Primary Drivers Supporting the Market Growth of the Animal Genetics Market?

The escalating need for animal-based protein is anticipated to drive the expansion of the animal genetics market. Animal protein, obtained from sources like meat, poultry, fish, eggs, and dairy goods, has observed an increased preference, especially in developed nations influenced by health awareness, fitness regimens, and cultural likings. Animal genetics plays a crucial role in amplifying animal protein output by allowing the choice and breeding of animals showcasing superior qualities, such as enhanced muscle mass, disease immunity, and better reproductive productivity, resulting in more effective livestock farming. To illustrate, the Food and Agriculture Organization, a specialized unit of the United Nations based in Italy, in their revised data released in December 2023, confirmed that global meat production had consistently elevated from 350 million tons in 2021 to 355 million tons in 2022. Hence, the escalating need for animal protein is propelling the growth of the animal genetics market.

Which Primary Segments of the Animal Genetics Market Are Driving Growth and Industry Transformations?

The animal genetics market covered in this report is segmented –

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

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

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

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

Subsegments:

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

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

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

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of the Animal Genetics Market?# Market?

North America was the largest region in the animal genetics market in 2024. 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.

What Are the Most Significant Market Trends in the Animal Genetics Market?

Leading firms in the animal genetics industry are harnessing the power of artificial intelligence (AI) to innovate their platforms for the more precise and efficient identification of desirable traits. AI is deployed for early diagnosis and prediction of genetic abnormalities, facilitating prompt interventions and decreasing the frequency of inherited diseases in animals. For example, Zoetis, an animal health corporation based in the US, unveiled its most recent diagnostic development in April 2022 by incorporating AI blood smear testing to its multi-purpose tool, Vetscan Imagyst. This advanced system leverages deep machine learning AI to deliver precise and prompt analysis of blood smears, enhancing complete blood count (CBC) results, and assisting veterinarians in making informed treatment choices for animals displaying hematologic irregularities. The AI-empowered analysis in Vetscan Imagyst offers clarity on abnormalities, estimates platelet count, confirms white blood cell distributions, and recognizes and enumerates polychromasia, among other information, within mere minutes.

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What Parameters Are Used to Define the Animal Genetics Market?

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.

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