Animal Genetics Market Size

Animal Genetics Market size was valued at USD 6.94 billion in 2024 and is poised to cross USD 15.74 billion by the end of 2037, expanding at more than 6.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of animal genetics is estimated at USD 7.3 billion.

The surge in worldwide demand for animal-based protein products, including meat, milk, and eggs, has created an increased need for the development of genetically superior livestock breeds and aquaculture species. The FAO estimates that 136 million tonnes of poultry will be consumed globally in 2022. This is primarily due to the ever-increasing consumption of these products, which has put a strain on the available resources and necessitated the need for more efficient and productive methods of production. By utilizing advanced genetic technologies and breeding programs, the agricultural industry can meet the demand for animal protein products while also ensuring the sustainability and welfare of the animals involved.

In light of this, the market is predicted to witness growth during the projection period. Additionally, the market is estimated to account for growth owing to the rising funding for animal genetics research, growing implementation of animal welfare, and advancements in genetic technologies.