According to FutureWise analysis, the market for Animal Genetics was estimated to be US$ 5.9 billion in 2023 and is expected to grow at a CAGR of 6.7% over the forecast period of 2023-2031.

Animal genetics is a branch of veterinary medicine that focuses on studying genes and their effects on living organisms. The genetic information contained within an organism's DNA acts as a biological blueprint for its appearance, function, and survival, playing a significant role in defining its similarities and differences with other organisms. This field relies on fundamental genetic principles and concepts, utilizing methods such as hybrid analysis, cytological studies, population genetics, ontogenetics, mathematical-statistical approaches, and twin studies.

Livestock genetics are particularly important in influencing animal production and health. Due to the large number of chromosomes present in animals, traits are often inherited independently. The primary method for investigating the inheritance of traits is hybrid analysis, which allows researchers to determine the patterns of inheritance for various physiological, morphological, and biochemical characteristics. These traits frequently depend on only one of several pairs of genes.

FutureWise Market Research has published a report that provides an insightful analysis of Animal Genetics Market trends affecting overall market growth.

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Animal Genetics Market Segmentation:

By Product and Services

• Animal genetic products
• Live animals
  • Poultry
  • Porcine
  • Bovine
  • Canine
  • Other Live Animals
• Genetic materials
  • Semen
    • Bovine Semen
    • Porcine Semen
    • Equine Semen
    • Canine Semen
    • Other Animal Semen
  • Embryos
    • Bovine Embryos
    • Equine Embryos
    • Other Animal Embryos
  • Animal genetic testing service
    • Genetic Disease Tests
    • Genetic Trait Tests
    • DNA Typing
    • Other Genetic Services

By Species

• Porcine
• Bovine
• Canine
• Ovine
• Caprine
• Others

By Region

• Europe
• North America
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape in the Animal Genetics Market:

• Genus
• Neogen Corporation
• Animal Genetics
• Urus
• EW Group GmbH
• Groupe Grimaud
• CRV Holding
• Topigs Norsvin
• Zoetis
• Envigo

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**Objectives of this Study: **

1. To provide a comprehensive analysis of the Animal Genetics Market By Product and Services, By Species and By Region.
2. To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
3. To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
4. To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Related market: 
Some of the other related markets that you might be interested in are listed as below:

Livestock Genetics Market

Epigenetics Market

Cellular Epigenetics Market

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