Animal Genetics Market Analysis

Genetic Material (Embryo, Semen)

The embryo segment in the animal genetics market is anticipated to hold the largest segment over the forecast period, accounting for 58%. Mostly utilized on cattle, sheep, goats, and pigs, embryo transfer technology is also utilized to a lesser degree on buffaloes and camels. In recent years, there has been a notable increase in the transfer of bovine embryos. Recently, seed stock and beef producers have shown a significant increase in popularity for embryo transfer in the bovine business. It has benefited from advances in genetics, ultrasonography, and IVF. Embryo transfer programs are used by producers to expand the flock size of genetically superior animals.

Product & Service (Animal Type, Genetic Material, Service Type)

Animal genetics market from the animal type segment is expected to witness a significant revenue share by 2037. The consumption of animal protein has experienced a noticeable uptick in recent times. This trend is expected to continue over the forecast period, owing to various factors such as governmental initiatives aimed at mitigating environmental impact and increasing global awareness. As a result, the demand for animal protein is expected to grow significantly, leading to market growth in this segment.

Our in-depth analysis of the global market includes the following segments: