Pune, India -- (SBWIRE) -- 05/06/2020 -- Infinium Global Research has recently published a global report on "Animal Genetics Market (Animal Genetic Products - Genetic Materials, and Live Animals; Services - Genetic Disease Tests, DNA Typing, Gene Trait Tests, and Other Services; End-user - Veterinary Hospitals & Clinics, Diagnostic Centers, Research Centers and Institutes, and Other End-users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global animal genetics market is projected to grow at a CAGR of 7.8% over the forecast period of 2019-2025.

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Demand for Meat Products is One of the Major Factors that Drive the Growth

The increase in the global population, which exhibits demand for meat products is one of the major factors that drive the growth of the animal genetics market across the globe.  The growing adoption of advanced genetic technologies and the rise in the implementation of animal welfare are some other factors that help in the growth of the animal genetics market. Growing awareness regarding veterinary genetic diseases and the rise in population of livestock animals to meet the unmet demands for animal-derived proteins further fuel the market.

Rising Focus on Identifying Superior Breeds Creates an Opportunity for the Growth of the Industry

However, the high cost of animal testing, the need for specific breeding programs for breeds with inferior economic performance, and economic sustainability in local breeds are some of the major factors that may restrain the growth of the global market through the forecast period. Moreover, the rising focus on identifying superior breeds creates an opportunity for the growth of the market in the next few years.

"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report Shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on Animal Genetics Market is Included in the Report for Free."

North America is Hold the Largest Share

Geographically, the global animal genetics market has been characterized into North America, Europe, Asia Pacific, and Rest of the World. Among all, North America is holds the largest share of the global market and is expected to dominate the animal genetics market during the forecast period. This is attributed to the presence of key players in the animal genetics market in this region.

Furthermore, the increase in the adoption of the latest technologies in animal genetics also fuels market growth in the North American region. Moreover, the recognized livestock area and the growing demand for animal protein are expected to increase the growth of the market in the North American Region.

Moreover, Asia Pacific is projected to grow at a fast speed through the forecast period. This is accredited to the growing population and increasing demand for animal products in this region. Besides, rising awareness towards animal welfare in emerging countries and the adoption of advanced animal genetic testing services help in the market growth in the Asia Pacific region.

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Animal Genetics Market Coverage

Chapter - 1   Preface

=> Report Description

=> Research Methods

=> Research Approaches

Chapter - 2   Executive Summary

=> Animal Genetics Market Highlights

=> Animal Genetics Market Projection

=> Animal Genetics Market Regional Highlights

Chapter - 3   Global Animal Genetics Market Overview

=> Introduction

=> Market Dynamics

=> Porter's Five Forces Analysis

=> IGR-Growth Matrix Analysis

=> Value Chain Analysis of Animal Genetics Market

Chapter - 4   Animal Genetics Market Macro Indicator Analysis

Chapter - 5   Global Animal Genetics Market by Animal Genetic Products

=> Genetic Materials

=> Live Animals

Chapter - 6  Global Animal Genetics Market by Services

=> Genetic Disease Tests

=> DNA Typing

=> Gene Trait Tests

=> Other Services

Chapter - 7   Global Animal Genetics Market by End-User

=> Veterinary Hospitals & Clinics

=> Diagnostic Centers

=> Research Centers and Institutes

=> Other End-users

Chapter - 8   Global Animal Genetics Market by Region 2019-2025

=> North America

=> Europe

=> Asia-Pacific

=> RoW

Chapter - 9  Company Profiles and Competitive Landscape

=> Genus Plc

=> TopigsNorsvin

=> Envigo Corporation

=> CRV Holding B.V

=> Hendrix Genetics BV

=> Groupe Grimaud La Corbiere SA

=> Neogen Corporation

=> Alta Genetics Inc.

=> Zoetis, Inc

=> Animal Genetics, Inc.

Chapter - 10   Appendix

=> Primary Research Findings and Questionnaire

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