AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

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

December 20, 2019 GMT
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)--Dec 19, 2019--

The animal genetics market size is expected to grow by USD 1.79 billion during 2020-2024, according to the latest market research report by Technavio, progressing at a CAGR of close to 7% during the forecast period. The growth can be attributed to the growing consumption of animal-derived food products. Furthermore, increasing focus on research and development in animal genomics, and increasing demand for genetic testing services to reduce livestock diseases will also drive the animal genetics market during the forecast period. Request a free sample report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191219005657/en/

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

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

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

The live animal segment held a significant share of the animal genetics market in 2019. The live animal segment includes genetically selected bovine, porcine, poultry, canine, reptiles, and felines. The development of a DNA library to perform a genetic selection of different animal species and the increasing export of live animals are further expected to drive the growth of this segment during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

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

The North American region led the market in 2019, followed by Europe, Asia, and ROW, respectively. The growth of the animal genetics market share in North America can be attributed to factors such as the increasing adoption of sustainable livestock management practices resulting from growing support from governments in the region to promote such practices.

Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Major Five Animal Genetics 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.

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.

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.

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.

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 the Australian Labradoodle Essential Panel and Chow Chow Panel.

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

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/20191219005657/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: GENETICS HEALTH PETS CONSUMER

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 12/19/2019 09:00 PM/DISC: 12/19/2019 09:01 PM

http://www.businesswire.com/news/home/20191219005657/en