ResearchMoz has announced the addition of a market intelligence study, titled “Animal Genetics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” to its expanding repository. The report promises an in-depth analysis of the animal genetics market, with forecasts based on past and current growth indicators. It entails market dynamics, geographical distribution, and competitive structure prevailing in the animal genetics market.
Prepared by a team of seasoned analysts, the market study is a valuable instrument for stakeholders in the animal genetics market. The making of the report comprised an extensive research phase followed by data scrutiny. The primary research phase involved tapping industry-centric databases, along with e-mail interactions and tele-calling with industry experts. Secondary research sources include financial reports, annual reports, company websites, investor presentations, and SEC filings. Analysis of extensive interviews with industry experts and opinion makers make a significant part of this report.
The report discusses the animal genetics market from a competitive viewpoint at length. The report mentions and profiles key companies operating in the global animal genetics market. This includes Neogen Corporation, Zoetis Inc., Groupe Grimaud, VetGen, Genus plc, CRV Holding B.V., and Topigs Norsvin. Each of the company is profiled for business standing, financials, R&D, and SWOTS.
North America holds prominence in the animal genetics market, finds the report. First and foremost, the region being home to key players in the global animal genetics market serves to boost animal genetics studies. Animal Genetics Inc. and Zoetis Inc. are key animal genetics companies based in North America.
Further, in general, North America is an early adopter of scientific techniques for research. Researchers employ scientific techniques for studies in animal husbandry. This, in turn is boosting the animal genetics market in the region.
Apart from this, discerning consumers in the region who tend to seek details of animal breeding techniques before making choice of their meats is providing a stimulus to the animal genetics market.
The report elucidates key factors boosting the animal genetics market. Worldwide, rising demand for animal-based protein is providing a boost for animal genetics studies. Consumers, today, seek details of animal breeding techniques and genetic makeup of animals before including in their meats. This is mainly to seek knowledge of disorders in DNA that have chances of being passed through the food chain.
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Animal genetics studies provides insights into ambiguities in genetic makeup that are likely to enter the food chain. Hence, the growth of animal genetics market is likely to be promising in the coming years to serve such initiatives.
The report segments the animal genetics market based on product type. Key segments of the market based on product type include live animals, genetic testing, and genetic material. The live animals segment is further divided into bovine, piscine, poultry, canine, and others.