North America Animal Genetics Market Growth, Trends, And Forecasts (20162021)
North America Animal Genetics Market By Animal Genetic Product, By Testing Service (DNA Typing, Genetic Trait Tests, Genetic Disease Tests And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (20162021)
(EMAILWIRE.COM, December 22, 2017 ) The North America Animal Genetics Market was worth USD 1.06 billion in 2016 and estimated to be growing at a CAGR of 7.1%, to reach USD 1.5 billion by 2021.
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Animal genetics is a branch of genetics that involves the study of inheritance and genetic variation, primarily in domestic and wild animals. It is based on general principles of heredity and covers various areas like gene expression, animal breeding, and physical trait genetics such as coat colour.
With a rise in the consumption of animal derived protein and the rising urban population demanding meat products are the major factors driving the market. To meet these demands, farmers are resorting to advanced genetic technology to achieve large scale production. Growing awareness about veterinary genetic diseases and disorders; increase in the population of livestock animals, especially in emerging markets; implementation of animal welfare acts in developed countries; and development of cutting-edge technologies in animal genetic testing are also contributing to the growth of this market. Strict regulations pertaining to animal genetic engineering, costly R&D projects and lack of skilled professionals are some factors restraining the growth of the market.
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The North America market for Animal Genetics is broadly categorized into Animal genetics products and testing service. Animal genetics product is further segmented into live animals (Poultry, Porcine, Bovines and Canine) and Genetic material. Genetic material is further segmented into Embryos (Bovine and Equine) and Semen (Bovine, Porcine, Canine and Equine). The live animals segment accounted for the largest share of the market. The animal genetics market for live animals is primarily driven by the rising adoption of advanced genetic technologies for larger-scale production and quality breeds and growing awareness about veterinary genetic diseases and disorders. By testing service, it is further segmented into DNA typing, Genetic trait tests and Genetic disease tests. On the basis of geography, the North America market is analysed under various regions namely U.S.A and Canada. North America holds a considerable share in the market due to presence of a superior animal health care base, increasing trend of pet ownership, strong regional economics, and greater focus on disease prevention and wellness by veterinarians and pet owners. The health care expenditure in U.S.A has also increased considerably over the past few years.
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Key players operating in the animal genetics market include Genus Plc, Hendrix Genetics BV, Alta Genetics, CRV Holding B.V., Neogen Corporation, VetGen, Animal Genetics Inc., and Zoetis.
Animal Genetics Market Segmentation:
Animal Genetic product
Introduction
Live Animals
a) Poultry
b) Porcine
c) Canine
d) Bovines
e) Other Animals
Genetic Material
Semen
a) Bovine semen
b) Porcine semen
c) Canine semen
d) Equine semen
e) Other animals
Embryos
a) Bovine embryo
b) Equine embryo
c) Other animals
Y-o-Y Growth Analysis, By animal genetic product
Market Attractiveness Analysis, By animal genetic product
Market Share Analysis, By animal genetic product
Testing service
Introduction
DNA Typing
Genetic trait tests
Genetic disease tests
Y-o-Y Growth Analysis, By testing service
Market Attractiveness Analysis, By testing service
Market Share Analysis, By testing service
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
View report: http://marketdataforecast.com/market-reports/north-america-animal-genetics-market-2865/
Animal genetics is a branch of genetics that involves the study of inheritance and genetic variation, primarily in domestic and wild animals. It is based on general principles of heredity and covers various areas like gene expression, animal breeding, and physical trait genetics such as coat colour.
With a rise in the consumption of animal derived protein and the rising urban population demanding meat products are the major factors driving the market. To meet these demands, farmers are resorting to advanced genetic technology to achieve large scale production. Growing awareness about veterinary genetic diseases and disorders; increase in the population of livestock animals, especially in emerging markets; implementation of animal welfare acts in developed countries; and development of cutting-edge technologies in animal genetic testing are also contributing to the growth of this market. Strict regulations pertaining to animal genetic engineering, costly R&D projects and lack of skilled professionals are some factors restraining the growth of the market.
Download free sample report: http://marketdataforecast.com/market-reports/north-america-animal-genetics-market-2865/request-sample
The North America market for Animal Genetics is broadly categorized into Animal genetics products and testing service. Animal genetics product is further segmented into live animals (Poultry, Porcine, Bovines and Canine) and Genetic material. Genetic material is further segmented into Embryos (Bovine and Equine) and Semen (Bovine, Porcine, Canine and Equine). The live animals segment accounted for the largest share of the market. The animal genetics market for live animals is primarily driven by the rising adoption of advanced genetic technologies for larger-scale production and quality breeds and growing awareness about veterinary genetic diseases and disorders. By testing service, it is further segmented into DNA typing, Genetic trait tests and Genetic disease tests. On the basis of geography, the North America market is analysed under various regions namely U.S.A and Canada. North America holds a considerable share in the market due to presence of a superior animal health care base, increasing trend of pet ownership, strong regional economics, and greater focus on disease prevention and wellness by veterinarians and pet owners. The health care expenditure in U.S.A has also increased considerably over the past few years.
Inquire before buying:http://marketdataforecast.com/market-reports/north-america-animal-genetics-market-2865/inquire
Key players operating in the animal genetics market include Genus Plc, Hendrix Genetics BV, Alta Genetics, CRV Holding B.V., Neogen Corporation, VetGen, Animal Genetics Inc., and Zoetis.
Animal Genetics Market Segmentation:
Animal Genetic product
Introduction
Live Animals
a) Poultry
b) Porcine
c) Canine
d) Bovines
e) Other Animals
Genetic Material
Semen
a) Bovine semen
b) Porcine semen
c) Canine semen
d) Equine semen
e) Other animals
Embryos
a) Bovine embryo
b) Equine embryo
c) Other animals
Y-o-Y Growth Analysis, By animal genetic product
Market Attractiveness Analysis, By animal genetic product
Market Share Analysis, By animal genetic product
Testing service
Introduction
DNA Typing
Genetic trait tests
Genetic disease tests
Y-o-Y Growth Analysis, By testing service
Market Attractiveness Analysis, By testing service
Market Share Analysis, By testing service
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results