Europe Animal Genetics Market Forecast to 2028 - Regional Analysis - by Type (Services [DNA Typing, Genetic Trait Tests, Genetic Disease Tests, and Others] and Product), Animal (Porcine, Poultry, Bovine, Canine, and Others), and Genetic Material (Embryo and Semen)
The Europe animal genetics market was valued at US$ 1,884.57 million in 2022 and is expected to reach US$ 2,710.09 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2022 to 2028.
Building Gene Banks and Investments in Animal Genetics fuel the Europe Animal Genetics Market
Gene banking is a popular way of managing human genetics and other organisms for research, development, and preservation of stem cells. Building a gene bank for animal genetics is expected to be a powerful tool for managing animal genetic resources for food and agriculture (AnGR). AnGr strategy was proposed in the 2000s under the Global Plan of Action for Animal Genetic Resources by the Food and Agriculture Organization of the United Nations (FAO). A substantial investment is required to cryopreserve genetic material so that it can be stored infinitely. Thus, the high investments have restricted the building of gene banks for animal genetics. Nevertheless, the advantages of gene banks and cryopreservation objectives, including supporting in vivo conservation, developing breeds, improving the management of not-at-risk breeds, have encouraged many countries to invest in the AnGr strategy. As a part of the Global Plan of Action for Animal Genetic Resources, many countries have initiated investments in national gene banks for the AnGr strategy. Also, there is an increase in demand for loans from farmers to manage their livestock, poultry, and fish. In addition, the goals of the AnGr strategy ensure to protect extinction breeds or catastrophic loss and support the in-situ populations across species and breeds, which have enabled increasing investments in gene banks. Similarly, private companies are investing to accelerate animal genetics and help advance genetics in livestock. Increased investments enable companies to expand their business and benefit farmers and researchers with their advanced tools useful in animal genetics. In April 2023, Vytelle raised US$ 20 million in Series B funding. With this investment, Vytelle aims to expand its global operations and accelerate genetics in cattle. Vyttelle has served its customers with its solutions, including Vytelle ADVANCE, an in vitro fertilization (IVF) technology; Vytelle SENSE, a capturing system for animal performance; and Vytelle INSIGHT, an artificial intelligence-based genetic analytics engine. Such innovative tools are increasing animal genetics efficiently. Thus, the above-mentioned factors are anticipated to foster the growth of the market during the forecast period.
Europe Animal Genetics Market Overview
The animal genetics market in Europe is sub segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Europe is the second leading market for animal genetics in the world. The growth of the market in the region is ascribed to the growing livestock production; strategic collaborations between European companies, and international companies and organizations; and rising government support to enhance animal breeding and farming to stimulate local production, especially in rural areas.
Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Europe Animal Genetics Market Segmentation
The Europe animal genetics market is segmented based on type, animal, genetic material, and country. Based on type, the Europe animal genetics market is bifurcated into services and product. The services segment held a larger market share in 2022.
Based on animal, the Europe animal genetics market is segmented into porcine, poultry, bovine, canine, and others. The porcine segment held the largest market share in 2022.
Based on genetic material, the Europe animal genetics market is bifurcated into embryo and semen. The embryo segment held a larger market share in 2022.
Based on country, the Europe animal genetics market is segmented into Germany, Italy, the UK, France, Spain, and the Rest of Europe. Germany dominated the Europe animal genetics market share in 2022.
Neogen Corp, Genus Plc, Topigs Norsvin Nederland B.V, Zoetis Inc, Hendrix Genetics B.V, Inotiv Inc, Animal Genetics Inc, Alta Genetics Inc, GROUPE GRIMAUD LA CORBIERE, and Charles River Laboratories International Inc are some of the leading companies operating in the Europe animal genetics market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Animal Genetics Market – By Type
1.3.2 Europe Animal Genetics Market – By Genetic Material
1.3.3 Europe Animal Genetics Market – By Animal
1.3.4 Europe Animal Genetics Market – By Country
2. Europe Animal Genetics Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Animal Genetics Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Expert Opinions
5. Europe Animal Genetics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Preference for Animal-Derived Food Products
5.1.2 Rising Adoption of Progressive Genetic Practices
5.2 Market Restraints
5.2.1 Lack of Skilled Professionals in Veterinary Research
5.2.2 Stringent Government Regulations for Animal Genetics
5.3 Market Opportunities
5.3.1 Innovations in Phenotyping Services
5.4 Future Trends
5.4.1 Building Gene Banks and Investments in Animal Genetics
5.5 Impact Analysis
6. Animal Genetics Market – Europe Analysis
6.1 Europe Animal Genetics Marker Revenue Forecast and Analysis
7. Europe Animal Genetics Market Analysis – by Type
7.1 Overview
7.2 Animal Genetics Market, By Type, 2022 & 2028 (%)
7.3 Product
7.3.1 Overview
7.3.2 Product: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
7.4 Service
7.4.1 Overview
7.4.2 Service: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
7.4.3 DNA Typing
7.4.3.1 Overview
7.4.3.2 DNA Typing: Animal genetics market Revenue and Forecast to 2028 (US$ Million)
7.4.4 Genetic Trait Tests
7.4.4.1 Overview
7.4.4.2 Genetic Trait Tests: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
7.4.5 Genetic Disease Tests
7.4.5.1 Overview
7.4.5.2 Genetic Disease Tests: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
7.4.6 Others
7.4.6.1 Overview
7.4.6.2 Others: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Animal Genetics Market Analysis – by Animal
8.1 Overview
8.2 Animal Genetics Market, By Animal, 2022 & 2028 (%)
8.3 Poultry
8.3.1 Overview
8.3.2 Poultry: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
8.4 Porcine
8.4.1 Overview
8.4.2 Porcine: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
8.5 Bovine
8.5.1 Overview
8.5.2 Bovine: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
8.6 Canine
8.6.1 Overview
8.6.2 Canine: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Animal Genetics Market Analysis – by Genetic Material
9.1 Overview
9.2 Animal Genetics Market, By Genetic Material, 2022 & 2028 (%)
9.3 Semen
9.3.1 Overview
9.3.2 Semen: Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
9.4 Embryo
9.4.1 Overview
9.4.2 Embryo: Animal genetics market Revenue and Forecast to 2028 (US$ Million)
10. Europe Animal Genetics Market – Revenue and Forecast to 2028 – Country Analysis
10.1 Europe: Animal Genetics Market
10.1.1 Overview
10.1.2 Europe: Animal Genetics Market, by Country, 2022 & 2028 (%)
10.1.3 Germany: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.3.1 Overview
10.1.3.2 Germany: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.3.3 Germany: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.3.3.1 Germany: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.3.4 Germany: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.3.5 Germany: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.4 UK: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.4.1 Overview
10.1.4.2 UK: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.4.3 UK: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.4.3.1 UK: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.4.4 UK: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.4.5 UK: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.5 France: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.5.1 Overview
10.1.5.2 France: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.5.3 France: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.5.3.1 France: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.5.4 France: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.5.5
10.1.5.6 France: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.6 Spain: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.6.1 Overview
10.1.6.2 Spain: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.6.3 Spain: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.1 Spain: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.6.4 Spain: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.6.5 Spain: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.7 Italy: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.7.1 Overview
10.1.7.2 Italy: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.7.3 Italy: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.7.3.1 Italy: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.7.4 Italy: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.7.5 Italy: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.8 Rest of Europe: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.8.1 Overview
10.1.8.2 Rest of Europe: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
10.1.8.3 Rest of Europe: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.8.3.1 Rest of Europe: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.8.4 Rest of Europe: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.8.5 Rest of Europe: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
11. Animal Genetics Market–Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Neogen Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Genus Plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Topigs Norsvin Nederland BV
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Zoetis Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Hendrix Genetics BV
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Inotiv Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Animal Genetics Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Alta Genetics Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 GROUPE GRIMAUD LA CORBIERE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Charles River Laboratories International Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 5. UK: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. UK: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 7. UK: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 11. France: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 12. France: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 13. Spain: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Spain: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 15. Spain: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 16. Spain: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Europe: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 25. Organic Developments Done By Companies
Table 26. Inorganic Developments Done By Companies
Table 27. Glossary of Terms, Europe Animal Genetics Market
LIST OF FIGURES
Figure 1. Europe Animal Genetics Market Segmentation
Figure 2. Europe Animal Genetics Market – By Country
Figure 3. Europe Animal Genetics Market Overview
Figure 4. Services Segment Held Largest Share of Animal Genetics Market
Figure 5. Germany to Show Significant Growth During Forecast Period
Figure 6. Europe PEST Analysis
Figure 7. Europe Expert Opinion
Figure 8. Europe Animal Genetics Market Impact Analysis of Driver and Restraints
Figure 9. Europe Animal Genetics Market – Revenue Forecast and Analysis – 2020- 2028
Figure 10. Europe Animal Genetics Market, by Type, 2022 & 2028 (%)
Figure 11. Product: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Service: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. DNA Typing: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Genetic Trait Tests: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Genetic Disease Tests: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Animal Genetics Market, by Animal, 2022 & 2028 (%)
Figure 18. Poultry: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Porcine: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Bovine: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Canine: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Animal Genetics Market, by Genetic Material, 2022 & 2028 (%)
Figure 24. Semen: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Embryo: Europe Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe: Animal Genetics Market, by Key Country – Revenue (2022) (US$ Million)
Figure 27. Europe: Animal Genetics Market, by Country, 2022 & 2028 (%)
Figure 28. Germany: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
Figure 30. France: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
Figure 31. Spain: Animal Genetics Market– Revenue and Forecast to 2028 (US$ Million)
Figure 32. Italy: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Growth Strategies Done by the Companies in the Market, (%)
- Neogen Corp
- Genus Plc
- Topigs Norsvin Nederland B.V
- Zoetis Inc
- Hendrix Genetics B.V
- Inotiv Inc
- Animal Genetics Inc
- Alta Genetics Inc
- GROUPE GRIMAUD LA CORBIERE
- Charles River Laboratories International Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe animal genetics market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe animal genetics market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe animal genetics market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution