{"id":116856,"date":"2021-06-15T17:00:00","date_gmt":"2021-06-15T17:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=28810282881028"},"modified":"2021-06-15T17:00:00","modified_gmt":"2021-06-15T17:00:00","slug":"animal-genetics-market-worth-7-7-billion-by-2026","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/06\/15\/animal-genetics-market-worth-7-7-billion-by-2026\/","title":{"rendered":"Animal Genetics Market worth $7.7 billion by 2026"},"content":{"rendered":"<p><img decoding=\"async\" width=\"1200\" height=\"627\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2019\/03\/1902-mnm_logo.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2019\/03\/1902-mnm_logo.jpg 1200w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2019\/03\/1902-mnm_logo-768x401.jpg 768w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2019\/03\/1902-mnm_logo-1024x535.jpg 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>According to the new market research report\u00a0<strong>\u201c<\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/animal-genetic-market-12462093.html?utm_source=prnewswire&#038;utm_medium=referral&#038;utm_campaign=paidpr\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Animal Genetics Market<\/a><strong>\u00a0by Products &#038; Services (Live Animals (Poultry, Porcine, Bovine, Canine) Genetic Material (Semen (Bovine, Porcine), Embryo (Bovine, Equine)) Genetic Testing (DNA Testing, DNA Typing, Genetic Traits Testing)) \u2013 Global Forecast to 2026\u2033,<\/strong>\u00a0published by MarketsandMarkets<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/>, the global market is projected to reach\u00a0<span class=\"xn-money\">USD 7.7 billion<\/span>\u00a0by 2026 from\u00a0<span class=\"xn-money\">USD 5.5 billion<\/span>\u00a0in 2021, at a CAGR of 7.1% during the forecast period.<\/p>\n<p><em>Browse in-depth TOC on\u00a0<\/em><strong>\u201c<\/strong><strong>Animal Genetics Market\u201d<\/p>\n<p><\/strong><strong>269 \u2013 Tables<br \/>36 \u2013 Figures<br \/>296 \u2013 Pages<\/p>\n<p><\/strong><strong>Download PDF Brochure:\u00a0<br \/><\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=12462093&#038;utm_source=prnewswire&#038;utm_medium=referral&#038;utm_campaign=paidpr\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=12462093<\/a><\/p>\n<p>The growth of this market is majorly attributed to the increasing consumption of animal-derived protein, growing global population &#038; rapid urbanization, growing focus on identifying superior breeds, increased adoption of genetic services to prevent genetic diseases &#038; business loss, and increased adoption of advanced genetic technologies. On the other hand, the shortage of skilled professionals in veterinary research is a key factor restraining market growth.<\/p>\n<p><strong>By product type segment, the live animals segment accounted for the largest market share during the forecast period.<\/p>\n<p><\/strong>Based on products and services, the animal genetics market has been segmented into live animals, genetics materials, and animal genetic testing services. The factors attributing to the large revenue of the live animals segment include high demand for live animals for breeding purposes. The introduction of disease-resistant animals has further boosted the demand for live animals, as they are economically viable for owners and increase their profitability.<\/p>\n<p><strong>Poultry accounted for the largest animal genetics market<\/strong>\u00a0<strong>share in the live animals segment during the forecast period.<\/p>\n<p><\/strong>In the live animals segment, poultry accounted for the largest market share during the forecast period. This can be attributed to the strong demand for poultry and eggs in developed countries. Additionally, due to the growing population and rapid urbanization in developed countries, the demand coming from these regions is also increasing significantly.<\/p>\n<p><strong>In the segment of the genetic material, semen accounted for the largest market share during the forecast period.<\/p>\n<p><\/strong>Under the segment of the genetic material, semen held the largest share, most of which came from bovine semen during the forecast period. Growth in this market is mainly driven by the increasing need for raising highly productive animals to meet the growing demand for meat and other animal-derived products.<\/p>\n<p><strong>Request Sample Pages:\u00a0<\/strong><br \/><a href=\"https:\/\/www.marketsandmarkets.com\/requestsampleNew.asp?id=12462093&#038;utm_source=prnewswire&#038;utm_medium=referral&#038;utm_campaign=paidpr\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.marketsandmarkets.com\/requestsampleNew.asp?id=12462093<\/a><\/p>\n<p><strong><span class=\"xn-location\">Europe<\/span>\u00a0dominates the Animal Genetics market during the forecast period.<\/p>\n<p><\/strong><span class=\"xn-location\">Europe<\/span>\u00a0accounted for the largest share of the market in 2020. Better accessibility to technologies and well-established distribution channels, the growing demand for livestock food products, high intake of animal-derived proteins, and increasing animal welfare activities are the major factor contributing to this.<\/p>\n<p>The major players in the global animal genetics market include Neogen Corporation (US), Genus (UK), URUS (US), EW Group (<span class=\"xn-location\">Germany<\/span>), Groupe Grimaud (<span class=\"xn-location\">France<\/span>), CRV Holding (<span class=\"xn-location\">Netherlands<\/span>), Topigs Norsvin (<span class=\"xn-location\">Netherlands<\/span>), Zoetis (US), Envigo (US), Hendix Genetics (<span class=\"xn-location\">Netherlands<\/span>), Animal Genetics (US), VetGen (US), DanBred (<span class=\"xn-location\">Denmark<\/span>), Tropical Bovine Genetics (<span class=\"xn-location\">India<\/span>), Trans Ova Genetics (US), Inguran LLC dba ST Genetics (US), Semex Alliance (<span class=\"xn-location\">Canada<\/span>), Genetic Veterinary Sciences (US), Cobb-Vantress (US), Milk Source (US), and Eurogene AI Services (<span class=\"xn-location\">Ireland<\/span>).<\/p>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Mr. Ashish Mehra<br \/> MarketsandMarkets<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> INC.<br \/> 630 Dundee Road<br \/> Suite 430<br \/> Northbrook, IL 60062<br \/> USA : 1-888-600-6441<\/p>\n<\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/animal-genetics-market-worth-7-7-billion-by-2026\/\">Animal Genetics Market worth $7.7 billion by 2026<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\">Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the new market research report&nbsp;&ldquo;Animal Genetics Market&nbsp;by Products &amp; Services (Live Animals (Poultry, Porcine, Bovine, Canine) Genetic Material (Semen (Bovine, Porcine), Embryo (Bovine, Equine)) Genetic Testing (DNA Testing, DNA Typing, Genetic Traits Testing)) &ndash; Global Forecast to 2026&Prime;,&nbsp;published by MarketsandMarkets&trade;, the global market is projected to reach&nbsp;USD 7.7 billion&nbsp;by 2026 from&nbsp;USD 5.5 billion&nbsp;in [&hellip;]<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/animal-genetics-market-worth-7-7-billion-by-2026\/\">Animal Genetics Market worth $7.7 billion by 2026<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/\">Financial Market Brief<\/a>.<\/p>\n<p> <a href=\"https:\/\/ipsnews.net\/business\/2021\/06\/15\/animal-genetics-market-worth-7-7-billion-by-2026\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-116856","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Animal Genetics Market worth $7.7 billion by 2026 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2021\/06\/15\/animal-genetics-market-worth-7-7-billion-by-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Animal Genetics Market worth $7.7 billion by 2026 - Business\" \/>\n<meta property=\"og:description\" content=\"According to the new market research report&nbsp;&ldquo;Animal Genetics Market&nbsp;by Products &amp; Services (Live Animals (Poultry, Porcine, Bovine, Canine) Genetic Material (Semen (Bovine, Porcine), Embryo (Bovine, Equine)) Genetic Testing (DNA Testing, DNA Typing, Genetic Traits Testing)) &ndash; Global Forecast to 2026&Prime;,&nbsp;published by MarketsandMarkets&trade;, the global market is projected to reach&nbsp;USD 7.7 billion&nbsp;by 2026 from&nbsp;USD 5.5 billion&nbsp;in [&hellip;] The post Animal Genetics Market worth $7.7 billion by 2026 appeared first on Financial Market Brief. 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Services (Live Animals (Poultry, Porcine, Bovine, Canine) Genetic Material (Semen (Bovine, Porcine), Embryo (Bovine, Equine)) Genetic Testing (DNA Testing, DNA Typing, Genetic Traits Testing)) &ndash; Global Forecast to 2026&Prime;,&nbsp;published by MarketsandMarkets&trade;, the global market is projected to reach&nbsp;USD 7.7 billion&nbsp;by 2026 from&nbsp;USD 5.5 billion&nbsp;in [&hellip;] The post Animal Genetics Market worth $7.7 billion by 2026 appeared first on Financial Market Brief. 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