Asia Pacific Animal Genetics Market Forecast to 2028

According to the research team research, the Asia Pacific animal genetics market was valued at US$ 1,246.33 million in 2022 and is expected to reach US$ 1,868.11 million by 2028, registering a CAGR of 7.0% from 2022 to 2028. Growing preference for animal-derived food products and rising adoption of progressive genetic practices are the critical factors attributed to the Asia Pacific animal genetics market expansion.

Animal genetics emphasizes the inheritance and genetic variations in wild and domestic animals. This science is used commercially to test genetic disorders, genetic traits, and DNA type. Further, superior animal breeds are developed using genetic engineering to obtain large-scale production of modified breeds. Animal genetics uses genetic practices such as artificial insemination (AI), embryo transfer, and cytological studies for hybridization. AI can reduce various risks in animal breeding and disease transmission. It is found that female cattle born through AI yields more milk than cattle born via natural breeding. In addition, the use of antibiotic-containing semen extensors is effective in preventing bacterial diseases, making the entire AI process more hygienic than natural mating.

The market players focus on partnerships, collaborations, and acquisitions to develop genetically modified breeds in order to strengthen their position in the market. In April 2023, VikingGenetics strategically collaborated with an Indian distributor, Bulls-n-more, to supply future-friendly genetics in India. VikingGenetics has a wide range of tools and technology that assists universities, research organizations, and experts across the world in the selection of bulls. Further, the collaborations by the companies benefit farmers with advanced technologies that allow them to improve the genetics of their herds. The farmers can also benefit from AI advantages such as maintaining breed and cawing records, better record-keeping, and preventing the spread of certain diseases. Thus, the increasing adoption of progressive genetic practices such as AI and embryo transfer benefits the market growth. This is expected to drive the Asia Pacific animal genetics market during the forecast period.

On the contrary, lack of skilled professionals in veterinary research hurdles the growth of Asia Pacific animal genetics market.

Based on type, the Asia Pacific animal genetics market is bifurcated into services and product. The services segment held 73.8% market share in 2022, amassing US$ 920.03 million. It is projected to garner US$ 1,398.36 million by 2028 to expand at 7.2% CAGR during 2022–2028.

Based on animal, the Asia Pacific animal genetics market is categorized into porcine, poultry, bovine, canine, and others. The porcine segment held 26.7% share of Asia Pacific animal genetics market in 2022, amassing US$ 332.50 million. It is projected to garner US$ 506.64 million by 2028 to expand at 7.3% CAGR during 2022–2028.

Based on genetic material, the Asia Pacific animal genetics market is bifurcated into embryo and semen. The embryo segment held 59.0% share of Asia Pacific animal genetics market in 2022, amassing US$ 734.91 million. It is projected to garner US$ 1,086.23 million by 2028 to expand at 6.7% CAGR during 2022–2028.

Based on country, the Asia Pacific animal genetics market has been categorized into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 30.3% share of Asia Pacific animal genetics market in 2022. It was assessed at US$ 377.54 million in 2022 and is likely to hit US$ 592.11 million by 2028, exhibiting a CAGR of 7.8% during 2022–2028.

Key players operating in the Asia Pacific animal genetics market are Neogen Corp, Genus Plc, Topigs Norsvin Nederland B.V, Zoetis Inc, Hendrix Genetics B.V, Inotiv Inc, Alta Genetics Inc, GROUPE GRIMAUD LA CORBIERE, and Charles River Laboratories International Inc, among others.

In Sep 2020, Groupe Grimaud partners with animal nutrition firm Nasekomo. In June 2023, Charles River Expands Triple-Immunodeficient Mouse Model Portfolio.

1. Introduction
1.1 Scope of the Study
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Animal Genetics Market – By Type
1.3.2 Asia Pacific Animal Genetics Market – By Genetic Material
1.3.3 Asia Pacific Animal Genetics Market – By Animal
1.3.4 Asia Pacific Animal Genetics Market – By Country
2. Asia Pacific Animal Genetics Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Animal Genetics Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific – PEST Analysis
4.3 Expert Opinions
5. Asia Pacific 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 – Asia Pacific Analysis
6.1 Asia Pacific Animal Genetics Marker Revenue Forecast and Analysis
7. Asia Pacific 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. Asia Pacific 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. Asia Pacific 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. Asia Pacific Animal Genetics Market – Revenue and Forecast to 2028 – Country Analysis
10.1 Asia Pacific: Animal Genetics Market
10.1.1 Overview
10.1.2 Asia Pacific: Animal Genetics Market, by Country, 2022 & 2028 (%)
10.1.3 China: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.1 Overview
10.1.3.2 China: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.3 China: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.3.3.1 China: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.3.4 China: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.3.5 China: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.4 Japan: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.4.1 Overview
10.1.4.2 Japan: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.4.3 Japan: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.4.3.1 Japan: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.4.4 Japan: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.4.5 Japan: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.5 India: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.1 Overview
10.1.5.2 India: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.3 India: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.5.3.1 India: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.5.4 India: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.5.5 India: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.6 South Korea: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.1 Overview
10.1.6.2 South Korea: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3 South Korea: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.1 South Korea: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.6.4 South Korea: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.6.5 South Korea: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.7 Australia: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.7.1 Overview
10.1.7.2 Australia: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.7.3 Australia: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.7.3.1 Australia: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.7.4 Australia: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.7.5 Australia: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
10.1.8 Rest of Asia Pacific: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.8.1 Overview
10.1.8.2 Rest of Asia Pacific: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.8.3 Rest of Asia Pacific: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
10.1.8.3.1 Rest of Asia Pacific: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
10.1.8.4 Rest of Asia Pacific: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
10.1.8.5 Rest of Asia Pacific: Animal Genetics Market, by Genetic Material – 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 Alta 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 GROUPE GRIMAUD LA CORBIERE
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 Charles River Laboratories International Inc
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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms

Table 1. China: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. China: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 7. Japan: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. South Korea: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 17. Australia: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Australia: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 19. Australia: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 20. Australia: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Asia Pacific: Animal Genetics Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Asia Pacific: Animal Genetics Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Asia Pacific: Animal Genetics Market, by Animal – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Asia Pacific: Animal Genetics Market, by Genetic Material – 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, Asia Pacific Animal Genetics Market

Figure 1. Asia Pacific Animal Genetics Market Segmentation
Figure 2. Asia Pacific Animal Genetics Market – By Country
Figure 3. Asia Pacific Animal Genetics Market Overview
Figure 4. Services Segment Held Largest Share of Animal Genetics Market
Figure 5. China to Show Significant Growth During Forecast Period
Figure 6. Asia Pacific PEST Analysis
Figure 7. Asia Pacific Expert Opinion
Figure 8. Asia Pacific Animal Genetics Market Impact Analysis of Driver and Restraints
Figure 9. Asia Pacific Animal Genetics Market – Revenue Forecast And Analysis – 2020- 2028
Figure 10. Asia Pacific Animal Genetics Market, by Type, 2022 & 2028 (%)
Figure 11. Product: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Service: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. DNA Typing: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Genetic Trait Tests: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Genetic Disease Tests: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Asia Pacific Animal Genetics Market, by Animal, 2022 & 2028 (%)
Figure 18. Poultry: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Porcine: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Bovine: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Canine: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Asia Pacific Animal Genetics Market, by Genetic Material, 2022 & 2028 (%)
Figure 24. Semen: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Embryo: Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Asia Pacific: Animal Genetics Market, by Key Country – Revenue (2022) (US$ Million)
Figure 27. Asia Pacific: Animal Genetics Market, by Country, 2022 & 2028 (%)
Figure 28. China: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. India: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Australia: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Asia Pacific: Animal Genetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Growth Strategies Done by the Companies in the Market, (%)