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Pulished Date February, 2020
ID: 2751
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Latin America Animal Genetics Market Research Report – Segmented By Animal Genetic Product, Testing Service & By Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Trends & Growth Forecast (2020 to 2025)

Pulished: February, 2020
ID: 2751
Pages: 130

As per our latest published report, the Latin American Animal Genetics Market was worth USD 0.43 Billion in 2020. It is estimated to be growing at a CAGR of 8.7% to reach USD 0.66 Billion by 2025.

Animal genetics is a branch of genetics that deals with the study of inheritance and genetic variation, primarily in domestic and wild animals. Animal genetics uses hybrid, population, cytological, mathematical-statistical, ontogenetic, and twin general genetics methods. At the commercial level, animal genetics is used for services such as genetic trait testing, DNA typing, and genetic disease testing.

A rise in the demand to consume animal-based protein is undoubtedly to drive this market during the forecast period. To cater to these demands, the manufacturers are switching to genetic technologies, which will help large-scale production. There was a rise in the trend of having animals as pets, and the increase in the number of cases of animal diseases is also boosting the market.

However, low returns on research and development (R & D), high cost of animal testing, stringent regulatory framework, and rising concerns about the adverse effects of using animal genetic engineering on animals are factors hampering the growth of the market.

This research report has been segmented and sub-segmented into the following categories:

  • By Animal genetics Product: Live Animals (Poultry, Porcine, Bovines, and Canine), Genetic (Semen (Bovine, Porcine, Canine, Equine and Others), Embryos (Bovine Embryos, Equine Embryos, and Others))
  • By Testing Service: DNA typing, genetic trait tests, and Genetic disease tests.
  • By Country: Mexico, Brazil, Argentina, Chile, and Rest of Latin America

Regional Analysis

The Latin American animal genetics market is estimated to have steady growth during the forecast period. Rising consumer demand for animal-derived protein and growing adoption of advanced genetic technologies for larger-scale production and quality breeds are the critical factor that increases the growth of the Latin America Animal genetics market.

Brazilian animal genetics market is presently leading the Latin American market. Growing livestock population and awareness about animal genetic disorders to meet the unmet need for animal proteins are majorly market growth. Increasing pet ownership is another major factor for the market growth of the animal genetic market in Brazil.

Increasing demand for coherent tests and other genetic services for testing genetic diseases in animals in this region is anticipated to expand the Mexican animal genetics market in the future. Increasing population and growing urbanization, increasing disposable income, and improved living standards, changing consumer food habits have contributed to the growth of the Mexican market.

Companies playing a dominating role in the LATAM 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 Brazil                                             

                6.3 Mexico                                         

                6.4 Rest of Latin America                                             

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                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Animal Genetics Market, By Animal genetic product, From 2020 to 2025 (USD Million)
  2. Latin America Live animals Market, By Region, From 2020 to 2025 (USD Million)
  3. Latin America Genetic material Market, By Region, From 2020 to 2025 (USD Million)
  4. Latin America Animal Genetics Market, By Testing services, From 2020 to 2025 (USD Million)
  5. Latin America DNA Typing Market, By Region, From 2020 to 2025 (USD Million)
  6. Latin America Genetic trait tests Market, By Region, From 2020 to 2025 (USD Million)
  7. Latin America Genetic disease tests Market, By Region, From 2020 to 2025 (USD Million)
  8. Brazil Animal Genetics Market, By Animal genetic product, From 2020 to 2025 (USD Million)
  9. Brazil Animal Genetics Market, By Testing services, From 2020 to 2025 (USD Million)
  10. Argentina Animal Genetics Market, By Animal genetic product, From 2020 to 2025 (USD Million)
  11. Argentina Animal Genetics Market, By Testing services, From 2020 to 2025 (USD Million)
  12. Mexico Animal Genetics Market, By Animal genetic product, From 2020 to 2025 (USD Million)
  13. Mexico Animal Genetics Market, By Testing services, From 2020 to 2025 (USD Million)
  14. Rest of Latin America Animal Genetics Market, By Animal genetic product, From 2020 to 2025 (USD Million)
  15. Rest of Latin America Animal Genetics Market, By Testing services, From 2020 to 2025 (USD Million)
  16. Latin America Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)
  17. Latin America Bovine Market, By Region, From 2020 to 2025 (USD Million)
  18. Latin America Porcine Market, By Region, From 2020 to 2025 (USD Million)
  19. Latin America Equine Market, By Region, From 2020 to 2025 (USD Million)
  20. Latin America Canine Market, By Region, From 2020 to 2025 (USD Million)
  21. Latin America Other animals Market, By Region, From 2020 to 2025 (USD Million)
  22. Brazil Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)
  23. Argentina Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)
  24. Mexico Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)
  25. Latin America Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)
  26. Latin America Bovine Market, By Region, From 2020 to 2025 (USD Million)
  27. Latin America Porcine Market, By Region, From 2020 to 2025 (USD Million)
  28. Latin America Equine Market, By Region, From 2020 to 2025 (USD Million)
  29. Latin America Canine Market, By Region, From 2020 to 2025 (USD Million)
  30. Latin America Other animals Market, By Region, From 2020 to 2025 (USD Million)
  31. Brazil Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)
  32. Argentina Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)
  33. Mexico Blood Glucose Monitoring Market, By Live animals, From 2020 to 2025 (USD Million)

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