United States Live Animal Genetics Market was valued at USD 1.3 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The US Live Animal Genetics Market has become a crucial segment in the agricultural and biotechnology industries, serving a wide range of needs from animal breeding to genetic improvements in livestock. The demand for genetically optimized animals has surged in recent years, driven by the need for increased productivity, disease resistance, and enhanced animal welfare. This market caters to various industries, including agriculture, food production, pharmaceuticals, and research institutions, all of which rely on advanced genetic technologies to boost animal performance and health.
One of the primary drivers behind the growth of the Live Animal Genetics Market in the US is the continuous innovation in genetic testing and artificial insemination techniques. These methods allow for better selection of breeding animals, resulting in offspring with superior traits such as faster growth rates, higher milk production, and improved meat quality. Farmers and breeders are keen on incorporating these technologies into their practices to enhance profitability and meet the growing demand for quality animal products.
Another significant factor contributing to the expansion of the Live Animal Genetics Market is the increasing awareness of the benefits of genetic selection in reducing animal diseases. By identifying and breeding animals with higher resistance to diseases such as bovine tuberculosis, brucellosis, and avian influenza, the industry can decrease the dependency on antibiotics and other costly treatments. This shift toward genetic resilience is driven by both consumer demand for safer products and regulatory pressures to reduce antibiotic use in livestock.
In addition to agricultural applications, the Live Animal Genetics Market is also essential in pharmaceuticals and medical research. Genetic material from animals plays a key role in the development of biopharmaceuticals, including vaccines and treatments for human diseases. The integration of cutting-edge genomics into medical research continues to open up new avenues for breakthroughs in healthcare.
Overall, the Live Animal Genetics Market in the US is expected to continue its rapid growth as industries seek to improve the efficiency, sustainability, and profitability of their operations. With advancements in technology and growing demand for genetically improved livestock, this market is poised for significant transformation in the coming years.
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Genus PLC
Hendrix Genetics
EW Group
Zoetis
CRV Holding
Grimaud
Topigs Norsvin
Alta Genetics
Neogen Corporation
Envigo
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Live Animal Genetics Market
Cattle
Swine
Poultry
Sheep
Goats
Aquaculture
Growth Rate
Reproductive Performance
Disease Resistance
Milk Production
Meat Quality
Feed Efficiency
Conventional Breeding
Artificial Insemination
Semen and Embryo Transfer
Genomic Selection
Gene Editing
Commercial Farming
Research and Development
Animal Breeding
Government Programs
Veterinary Services
Direct Sales
Online Platforms
Retail Outlets
Distributors and Wholesalers
Trade Shows and Expos
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Live Animal Genetics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Live Animal Genetics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Live Animal Genetics Market, By Type
6. US Live Animal Genetics Market, By Application
7. US Live Animal Genetics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Live Animal Genetics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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