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Pulished Date April, 2021
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, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 2751
Pages: 130

Latin America Animal Genetics Market Size (2021 to 2026)

The size of the Latin American animal genetics market is predicted to value USD 0.71 Billion by 2026 from USD 0.47 Billion in 2021, growing at a CAGR of 8.7% from 2021 to 2026.

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 undoubtedly drives this market during the forecast period. To cater to these demands, the manufacturers are switching to genetic technologies to help large-scale production. In addition, 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 market's growth.

This research report on the Latin American animal genetics market has been segmented and sub-segmented into the following categories:

By Animal Genetic Product:

  • Live Animals
    • Poultry
    • Porcine
    • Canine
    • Bovines
    • Other Animals
  • Genetic Material
    • Semen
      • Bovine semen
      • Porcine semen
      • Canine semen
      • Equine semen
      • other animals
    • Embryos
      • Bovine embryo
      • Equine embryo
      • Other animals

By Testing Service: 

  • DNA Typing
  • Genetic Trait Tests
  • Genetic Disease Tests

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, 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.

KEY MARKET PLAYERS:

Genus Plc, Hendrix Genetics BV, Alta Genetics, CRV Holding B.V., Neogen Corporation, VetGen, Animal Genetics Inc., and Zoetis are leading companies in Latin American animal genetics market.

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 2021 to 2026 (USD Million)
  2. Latin America Live animals Market, By Region, From 2021 to 2026 (USD Million)
  3. Latin America Genetic material Market, By Region, From 2021 to 2026 (USD Million)
  4. Latin America Animal Genetics Market, By Testing services, From 2021 to 2026 (USD Million)
  5. Latin America DNA Typing Market, By Region, From 2021 to 2026 (USD Million)
  6. Latin America Genetic trait tests Market, By Region, From 2021 to 2026 (USD Million)
  7. Latin America Genetic disease tests Market, By Region, From 2021 to 2026 (USD Million)
  8. Brazil Animal Genetics Market, By Animal genetic product, From 2021 to 2026 (USD Million)
  9. Brazil Animal Genetics Market, By Testing services, From 2021 to 2026 (USD Million)
  10. Argentina Animal Genetics Market, By Animal genetic product, From 2021 to 2026 (USD Million)
  11. Argentina Animal Genetics Market, By Testing services, From 2021 to 2026 (USD Million)
  12. Mexico Animal Genetics Market, By Animal genetic product, From 2021 to 2026 (USD Million)
  13. Mexico Animal Genetics Market, By Testing services, From 2021 to 2026 (USD Million)
  14. Rest of Latin America Animal Genetics Market, By Animal genetic product, From 2021 to 2026 (USD Million)
  15. Rest of Latin America Animal Genetics Market, By Testing services, From 2021 to 2026 (USD Million)
  16. Latin America Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)
  17. Latin America Bovine Market, By Region, From 2021 to 2026 (USD Million)
  18. Latin America Porcine Market, By Region, From 2021 to 2026 (USD Million)
  19. Latin America Equine Market, By Region, From 2021 to 2026 (USD Million)
  20. Latin America Canine Market, By Region, From 2021 to 2026 (USD Million)
  21. Latin America Other animals Market, By Region, From 2021 to 2026 (USD Million)
  22. Brazil Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)
  23. Argentina Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)
  24. Mexico Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)
  25. Latin America Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)
  26. Latin America Bovine Market, By Region, From 2021 to 2026 (USD Million)
  27. Latin America Porcine Market, By Region, From 2021 to 2026 (USD Million)
  28. Latin America Equine Market, By Region, From 2021 to 2026 (USD Million)
  29. Latin America Canine Market, By Region, From 2021 to 2026 (USD Million)
  30. Latin America Other animals Market, By Region, From 2021 to 2026 (USD Million)
  31. Brazil Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)
  32. Argentina Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)
  33. Mexico Blood Glucose Monitoring Market, By Live animals, From 2021 to 2026 (USD Million)

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