Report Code : CVMI2412258 | Published Date : March 3, 2025
The global animal genetics market is projected to expand from USD 6.8 billion in 2024 to USD 11.2 billion by 2031, growing at a robust CAGR of 7.4%. This growth trajectory is driven by three fundamental factors: the increasing global demand for animal protein, technological advancements in genetic engineering, and the rising adoption of precision livestock farming practices. The market has shown consistent resilience, even amid recent economic uncertainties, as genetic improvements remain essential for enhancing livestock productivity and sustainability.
Recent breakthroughs in genomic sequencing have transformed animal breeding programs, reducing traditional breeding cycles by 40-60%. The integration of artificial intelligence in genetic selection has further accelerated progress, enabling more accurate predictions of desirable traits. Particularly noteworthy is the growing use of gene editing technologies like CRISPR in commercial livestock operations, although regulatory frameworks continue to evolve across various regions.
2. Technology Segmentation and Innovation Trends
The animal genetics market encompasses several key technology segments, each contributing uniquely to its growth. Currently, genetic testing services lead the market with a 42% share, driven by widespread adoption in dairy and poultry operations. Embryo technologies are expanding rapidly, enjoying a 9.1% compound annual growth rate (CAGR), particularly in bovine reproduction. The most dynamic segment is genomic editing, projected to grow at a 12.3% CAGR through 2031, although it originates from a smaller base.
Key technological advancements include:
- High-density SNP chips that enable comprehensive genetic profiling
- Automated semen sexing systems with 95% accuracy rates.
- Blockchain-enabled pedigree verification for genetic traceability.
3. Regional Market Dynamics
North America leads the animal genetics market with a 38% global share, benefiting from advanced dairy and beef genetics programs. Europe closely follows with a 32% share, where strict animal welfare regulations are driving innovation. The Asia-Pacific region shows the highest growth potential at an 8.9% CAGR, particularly in China's rapidly modernizing pork industry and India's expanding dairy sector.
Emerging markets in Latin America and Africa offer unique opportunities, with Brazil's beef genetics exports growing at an annual rate of 14%, while South Africa's poultry genetics sector expands to meet regional demand. These markets increasingly seek genetics that are adapted to tropical conditions and possess disease-resistant traits.
4. Competitive Landscape and Strategic Developments
The market features a mix of established multinationals and specialized innovators:
Market Leaders:
- Genus PLC (22% market share) - A leader in bovine genetics
- CRV Holding (XX%) - A leader in dairy genomic selection
- Hendrix Genetics (XX%) - Specialist in poultry and swine genetics
Emerging Innovators:
- Acceligen (Gene-edited Livestock)
- Semex Alliance (Reproductive Technologies)
- Neogen Corporation (genetic testing solutions)
Recent strategic developments include Genus PLC's USD 120-million investment in porcine reproductive technology and CRV's collaboration with Microsoft to develop AI-driven genetic prediction platforms. These initiatives highlight the industry's focus on technological integration and precision genetics.
5. Market Challenges and Untapped Opportunities
While the market outlook is positive, several challenges require attention. Intellectual property protection in genetics remains complicated, with 28% of companies reporting issues related to technology infringement. Regulatory uncertainty concerning gene-edited animals continues to hinder commercialization in certain markets. However, these challenges are balanced by significant opportunities:
- Genetics adapted to climate change and environmental conditions
- Development of disease-resistant traits to reduce antibiotic use
- Digital genetic marketplaces that connect breeders globally
The growing aqua-genetics sector presents significant potential, with salmon genetics alone representing a USD 420 million opportunity by 2027.
6. Strategic Recommendations for Stakeholders
Based on comprehensive analysis, we recommend three strategic priorities:
- Invest in Emerging Market Capabilities - Develop genetics that are suited for tropical and extensive production systems.
- Enhance Digital Transformation - Deploy AI and blockchain throughout the genetic value chain
- Strengthen Regulatory Engagement - Proactively influence policies for new genetic technologies
The full 280-page report provides detailed analysis of genetic trait demand, technology adoption curves, and regional investment opportunities.
Reasons To Buy

Scope

Key Players
- Animal Genetics Market – Genus plc
- Neogen Corporation
- CRV Holding B.V.
- URUS Group LP
- Topigs Norsvin
- Zoetis Inc.
- Animal Genetics Inc.
- Hendrix Genetics B.V.
- VetGen LLC
- Inguran LLC (STgenetics).
Global Animal Genetics Market Report
- 1. Global Animal Genetics Market Research Report
- 1.1 Study Objectives
- 1.2 Global Animal Genetics Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Animal Genetics Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Application
- 2.1.3 By End-user
- 2.1.4 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Application, By End-user, By Country
- 3.3. Opportunities – By Type, By Application, By End-user, By Country
- 3.4. Trends – By Type, By Application, By End-user, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Animal Genetics Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Bovine Genetics
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Porcine Genetics
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Poultry Genetics
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.4 Equine Genetics
- 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.5 Others
- 5.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Animal Breeding
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Genetic Testing
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Veterinary Diagnostics
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.4 Others
- 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Agriculture & Farming
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Animal Research Institutes
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Veterinary Clinics
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.4 Others.
- 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 North America
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Europe
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Asia-Pacific
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.4 Latin America
- 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.5 Middle East & Africa
- 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.6 Global Animal Genetics Market - Opportunity Analysis Index, By Type, By Application, By End-user, and Region, 2024 - 2031
- 9.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 9.1.1 Bovine Genetics
- 9.1.2 Porcine Genetics
- 9.1.3 Poultry Genetics
- 9.1.4 Equine Genetics
- 9.1.5 Others
- 9.2.1 Animal Breeding
- 9.2.2 Genetic Testing
- 9.2.3 Veterinary Diagnostics
- 9.2.4 Others
- 9.3.1 Agriculture & Farming
- 9.3.2 Animal Research Institutes
- 9.3.3 Veterinary Clinics
- 9.3.4 Others.
- 9.4.1 United States
- 9.4.2 Canada
9.6 Regional Trends Analysis
9.7 North America Global Animal Genetics Market Research Report - Company Profiles- 9.7.1 Company 1 (United States)
- 9.7.2 Company 2 (Canada)
- 9.7.3 Company 3 (Canada)
- 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Bovine Genetics
- 10.1.2 Porcine Genetics
- 10.1.3 Poultry Genetics
- 10.1.4 Equine Genetics
- 10.1.5 Others
- 10.2.1 Animal Breeding
- 10.2.2 Genetic Testing
- 10.2.3 Veterinary Diagnostics
- 10.2.4 Others
- 10.3.1 Agriculture & Farming
- 10.3.2 Animal Research Institutes
- 10.3.3 Veterinary Clinics
- 10.3.4 Others.
- 10.4.1 Germany
- 10.4.2 United Kingdom
- 10.4.3 France
- 10.4.4 Spain
- 10.4.5 Italy
- 10.4.6 Russia
- 10.4.7 Netherlands
- 10.4.8 Poland
- 10.4.9 Rest of Europe
10.6 Regional Trends Analysis
10.7 Europe Global Animal Genetics Market Research Report - Company Profiles- 10.7.1 Company 1 (Germany)
- 10.7.2 Company 2 (United Kingdom)
- 10.7.3 Company 3 (United Kingdom)
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Bovine Genetics
- 11.1.2 Porcine Genetics
- 11.1.3 Poultry Genetics
- 11.1.4 Equine Genetics
- 11.1.5 Others
- 11.2.1 Animal Breeding
- 11.2.2 Genetic Testing
- 11.2.3 Veterinary Diagnostics
- 11.2.4 Others
- 11.3.1 Agriculture & Farming
- 11.3.2 Animal Research Institutes
- 11.3.3 Veterinary Clinics
- 11.3.4 Others.
- 11.4.1 China
- 11.4.2 Japan
- 11.4.3 India
- 11.4.4 South Korea
- 11.4.5 Australia & NZ
- 11.4.6 ASEAN
- 11.4.7 Rest of Asia-Pacific
11.6 Regional Trends Analysis
11.7 Asia-Pacific Global Animal Genetics Market Research Report - Company Profiles- 11.7.1 Company 1 (China)
- 11.7.2 Company 2 (Japan)
- 11.7.3 Company 3 (Japan)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Bovine Genetics
- 12.1.2 Porcine Genetics
- 12.1.3 Poultry Genetics
- 12.1.4 Equine Genetics
- 12.1.5 Others
- 12.2.1 Animal Breeding
- 12.2.2 Genetic Testing
- 12.2.3 Veterinary Diagnostics
- 12.2.4 Others
- 12.3.1 Agriculture & Farming
- 12.3.2 Animal Research Institutes
- 12.3.3 Veterinary Clinics
- 12.3.4 Others.
- 12.4.1 Brazil
- 12.4.2 Mexico
- 12.4.3 Argentina
- 12.4.4 Peru
- 12.4.5 Colombia
- 12.4.6 Rest of Latin America
12.6 Regional Trends Analysis
12.7 Latin America Global Animal Genetics Market Research Report - Company Profiles- 12.7.1 Company 1 (Brazil)
- 12.7.2 Company 2 (Mexico)
- 12.7.3 Company 3 (Mexico)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Bovine Genetics
- 13.1.2 Porcine Genetics
- 13.1.3 Poultry Genetics
- 13.1.4 Equine Genetics
- 13.1.5 Others
- 13.2.1 Animal Breeding
- 13.2.2 Genetic Testing
- 13.2.3 Veterinary Diagnostics
- 13.2.4 Others
- 13.3.1 Agriculture & Farming
- 13.3.2 Animal Research Institutes
- 13.3.3 Veterinary Clinics
- 13.3.4 Others.
- 13.4.1 Saudi Arabia
- 13.4.2 UAE
- 13.4.3 South Africa
- 13.4.4 Egypt
- 13.4.5 Israel
- 13.4.6 Rest of Middle East and Africa
13.6 Regional Trends Analysis
13.7 Middle East & Africa Global Animal Genetics Market Research Report - Company Profiles- 13.7.1 Company 1 (Saudi Arabia)
- 13.7.2 Company 2 (UAE)
- 13.7.3 Company 3 (UAE)
- 14.1 Strategic Dashboard of Top Market Players
14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 14.2.1 Animal Genetics Market – Genus plc
- 14.2.2 Neogen Corporation
- 14.2.3 CRV Holding B.V.
- 14.2.4 URUS Group LP
- 14.2.5 Topigs Norsvin
- 14.2.6 Zoetis Inc.
- 14.2.7 Animal Genetics Inc.
- 14.2.8 Hendrix Genetics B.V.
- 14.2.9 VetGen LLC
- 14.2.10 Inguran LLC (STgenetics).
16. Principal Presumptions and Acronyms