Overview of the Market:
The Europe Animal Genetics Market was worth USD 1.5 billion in 2018 and estimated to be growing at a CAGR of 6.9%, to reach USD 2.1 billion by 2023. Animal genetics deals with the study of inheritance and genetic variation, primarily in domestic and wild animals. It is based on general principles of heredity and covers areas like animal breeding and gene expression. In various industries, it is used for various tests like- DNA typing, genetic trait and disease testing.
The market growth can be attributed to a number of factors such as rising consumer demand for animal-derived protein, increasing population and urbanization across the globe, adoption of genetic technology for large scale production, and increase in the possession of animals as pets by people. However, there are very strict regulations imposed on animal genetic engineering and the dearth of skilled professionals hamper the growth of this market.
Geographical Analysis:
The Europe market for Animal Genetics is broadly categorized into Animal genetics products and testing service. Animal genetics product is further segmented into live animals (Poultry, Porcine, Bovines and Canine) and Genetic material. Genetic material is further segmented into Embryos (Bovine and Equine) and Semen (Bovine, Porcine, Canine and Equine). The live animals segment accounted for the largest share of the market. The animal genetics market for live animals is primarily driven by the rising adoption of advanced genetic technologies for larger-scale production and quality breeds and growing awareness about veterinary genetic diseases and disorders. By testing service, it is further segmented into DNA typing, Genetic trait tests and Genetic disease tests. On the basis of geography, the Europe market is analysed under various regions namely U.K, Germany, Italy, France and Spain. Europe is estimated to dominate the global market due to various factors like high consciousness about animal wellbeing coupled with increased expenditure on veterinary services in the region.
key players in the market:
Key players operating in the animal genetics market include Genus Plc, Hendrix Genetics BV, Alta Genetics, CRV Holding B.V., Neogen Corporation, VetGen, Animal Genetics Inc., and Zoetis.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Animal Genetic product
5.1.1 Introduction
5.1.2 Live Animals
5.1.2.1 Poultry
5.1.2.2 Porcine
5.1.2.3 Canine
5.1.2.4 Bovines
5.1.2.5 Other Animals
5.1.3 Genetic Material
5.1.3.1 Semen
5.1.3.1.1 Bovine semen
5.1.3.1.2 Porcine semen
5.1.3.1.3 Canine semen
5.1.3.1.4 Equine semen
5.1.3.1.5 Other animals
5.1.3.2 Embryos
5.1.3.2.1 Bovine embryo
5.1.3.2.2 Equine embryo
5.1.3.2.3 Other animals
5.1.4 Y-o-Y Growth Analysis, By animal genetic product
5.1.5 Market Attractiveness Analysis, By animal genetic product
5.1.6 Market Share Analysis, By animal genetic product
5.2 Testing service
5.2.1 Introduction
5.2.2 DNA Typing
5.2.3 Genetic trait tests
5.2.4 Genetic disease tests
5.2.5 Y-o-Y Growth Analysis, By testing service
5.2.6 Market Attractiveness Analysis, By testing service
5.2.7 Market Share Analysis, By testing service
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Animal genetic product
6.1.3.3 By Testing service
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Animal genetic product
6.1.4.3 By Testing service
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Animal genetic product
6.1.5.3 By Testing service
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Genus Plc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Hendrix Genetics BV
8.3 Alta Genetics
8.4 CRV Holding B.V.
8.5 Neogen Corporation
8.6 VetGen
8.7 Animal Genetics Inc.
8.8 Zoetis
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
