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Global Animal Genetics Market 2020-2024 | Evolving Opportunities with Animal Genetics Inc. and AquaGen AS | Technavio

November 6, 2019
Global Animal Genetics Market 2020-2024 | Evolving Opportunities with Animal Genetics Inc. and AquaGen AS | Technavio
Global Animal Genetics Market 2020-2024 | Evolving Opportunities with Animal Genetics Inc. and AquaGen AS | Technavio

LONDON--(BUSINESS WIRE)--Nov 6, 2019--

Technavio has been monitoring the global animal genetics market and the market is poised to grow by USD 1.79 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global animal genetics market 2020-2024. (Graphic: Business Wire)

Read the 151-page research report with TOC on “Animal Genetics Market Analysis Report by Geography (Asia, Europe, North America, and ROW), by Solution (Live animal, Genetic testing services, and Genetic materials), and Segment Forecasts, 2020-2024”.

The market is driven by the growing consumption of animal-derived food products. In addition, the focus on the development of sustainable livestock is anticipated to further boost the growth of the animal genetics market.

With the growing demand for animal derived food products such as eggs, meat, and milk, livestock farming activities have witnessed considerable growth in low and middle-income countries. This is driving the adoption of animal genetic solutions which enables livestock producers and breeders to produce high-quality animal breeds. Animal genetic solutions use genetic selection and cross-breeding technologies to provide high-quality semen, embryos, and live animals such as bovine and porcine. Thus, the growing consumption of animal-derived food products is expected to drive market growth during the forecast period.

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Major Five Animal Genetics Market Companies:

Animal Genetics Inc.

Animal Genetics Inc. is headquartered in the US and operates the business under various product segments such as Avian, Canine, Equine, and Other. The company offers products such as Avian DNA Sexing and A-Locus to various end-users.

AquaGen AS

AquaGen AS is headquartered in Norway and offers products through the following product segments: Salmon eggs and Rainbow trout eggs. The company offers products such as AquaGen Atlantic TRACK and AquaGen Rainbow ALL FEMALE to various end-users.

Aviagen Group

Aviagen Group is headquartered in the US and has business operations under various product segments, namely Ross, Rowan Range, and Specialty Males. The company offers products such as Ross 308 and Ranger Premium to various end-users.

Coöperatie Koninklijke CRV u.a.

Coöperatie Koninklijke CRV u.a. is headquartered in the Netherlands and offers products through the following product segments: Breeding, Management, and Fertility. The company offers products such as Holstein and InSire to various end-users.

Genetic Veterinary Sciences Inc.

Genetic Veterinary Sciences Inc. is headquartered in the US and offers products through the business segment, Genetic test services. The company offers products such as Australian Labradoodle Essential Panel and Chow Chow Panel to various end-users.

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Animal Genetics Solution Outlook (Revenue, USD Million, 2020-2024)

Animal Genetics Regional Outlook (Revenue, USD Million, 2020-2024)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

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Gene Amplification Technologies Market – Global Gene Amplification Technologies Market by application (medical and pharmaceutical, forensic and identity testing, agricultural and food safety, and others) and geography (Asia, Europe, North America, and ROW).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191106005466/en/

CONTACT: Technavio Research

Jesse Maida

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SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/06/2019 07:00 AM/DISC: 11/06/2019 07:01 AM

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