Global Animal Genetic Testing Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Animal Genetic Testing Service market size was valued at USD 5480.2 million in 2023 and is forecast to a readjusted size of USD 8520.4 million by 2030 with a CAGR of 6.5% during review period.
Animal genetic testing services enables better understanding and managing risks associated with a variety of infectious diseases and inherited genetic disorders, while optimizing their breeding programs through genetic screening. Animal genetic testing services includes animal parentage verification, identification, forensics services, genetic diagnostics and genetic disease research.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 157%.
The Global Info Research report includes an overview of the development of the Animal Genetic Testing Service industry chain, the market status of Companion Animal (Genetic Testing Service, DNA Typing (Sexing)), Ruminants (Genetic Testing Service, DNA Typing (Sexing)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Animal Genetic Testing Service.
Regionally, the report analyzes the Animal Genetic Testing Service markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Animal Genetic Testing Service market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Animal Genetic Testing Service market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Animal Genetic Testing Service industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Genetic Testing Service, DNA Typing (Sexing)).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Animal Genetic Testing Service market.
Regional Analysis: The report involves examining the Animal Genetic Testing Service market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Animal Genetic Testing Service market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Animal Genetic Testing Service:
Company Analysis: Report covers individual Animal Genetic Testing Service players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Animal Genetic Testing Service This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Companion Animal, Ruminants).
Technology Analysis: Report covers specific technologies relevant to Animal Genetic Testing Service. It assesses the current state, advancements, and potential future developments in Animal Genetic Testing Service areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Animal Genetic Testing Service market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Animal Genetic Testing Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Genetic Testing Service
DNA Typing (Sexing)
Genetic Trait Testing
Genetic Disease Testing
Other
Market segment by Application
Companion Animal
Ruminants
Poultry
Other
Market segment by players, this report covers
Animal Genetics
Erich Wesjohann Gruppe
Genus
Grimaud Groupe
Harlan Laboratories
Hendrix Genetics
Neogen Corporation
VetGen
Zoetis
Envigo
Koepon Holding
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Animal Genetic Testing Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Animal Genetic Testing Service, with revenue, gross margin and global market share of Animal Genetic Testing Service from 2019 to 2024.
Chapter 3, the Animal Genetic Testing Service competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Animal Genetic Testing Service market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Animal Genetic Testing Service.
Chapter 13, to describe Animal Genetic Testing Service research findings and conclusion.