Increasing consumption of animal-derived protein, a growing population, rapid urbanization, and extensive adoption of genetic services to overcome genetic diseases in animals, coupled with increased adoption of genetic technologies, are some of the factors driving the growth of the animal genetics market.
New York, March 26, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Animal Genetics Market: Focus on Solutions (Products and Services), Product Type (Live Animals and Genetic Materials), and Industry Analysis (Industry Profitability, Supply Chain Analysis and Trait Analysis) – Analysis and Forecast, 2019-2024" - https://www.reportlinker.com/p05877932/?utm_source=GNW
“Developed economies such as the U.S., Germany, Singapore, among others, are offering various growth opportunities in the market. The presence of leading players in the countries, along with the increasing adoption of latest technologies in the animal genetics market are the key factors responsible for the growth in these countries. Supported by increasing investments and technological developments, companies across the globe are also working on creating genetically modified animals with beneficial characteristics, which can help in producing higher quality meat and milk in a more efficient and sustainable manner.”
Scope of the Global Animal Genetics Market
The global animal genetics market research provides a detailed perspective regarding the solution type, product type, its value, and its estimation, among others. The purpose of this market analysis is to examine the animal genetics industry outlook in terms of factors driving the market, trends, developments, and investment landscape, among others.
The report further takes into consideration the market dynamics and the competitive landscape, along with the detailed financial and product contributions of the key players operating in the market. The animal genetics study is a compilation of different segments including market breakdown by product type, solution type, and region.
The animal genetics market (on the basis of solution type) has been segmented into products and services. Product segment dominated the global animal genetics market in 2018 and is anticipated to maintain its dominance throughout the forecast period (2019-2024).
The animal genetics market, on the basis of product type, is segmented into live animals and genetic material. The genetic material segment dominated the global animal genetics market in 2018 and is anticipated to maintain its dominance throughout the forecast period.
The animal genetics market by region is segregated under four major sections, namely North America, Europe, Asia-Pacific, and Rest-of-the-World. Data for each of these regions is provided on the basis of solutions and country-wise segmentations.
Key Companies in the Animal Genetics Industry
The key market players in the global animal genetics market include Hendrix Genetics BV, Cobb-Vantress, Semex, H&N International GmbH, Hubbard, Viking Genetics, Aviagen Group, and Mars Petcare, among others.
• North America
• Rest-of-North America
• Australia and New Zealand (ANZ)
• South Africa
Read the full report: https://www.reportlinker.com/p05877932/?utm_source=GNW
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