Asia Pacific Animal Genetics Market Forecast to 2028

Asia Pacific 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)

Send Enquiry
Item ID: TIPRE00021077 Category: Tags: , ,

$2,100$3,500

Description

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; it is estimated to grow at a CAGR of 7.0% from 2022 to 2028.

Growing Preference for Animal-Derived Food Products fuel the Asia Pacific Animal Genetics Market

The increasing population and rapid urbanization worldwide have resulted in a growing preference for animal-derived food products such as dairy products and meat. Several studies have proved that genetically modified (GM) cow can produce more milk and is less susceptible to various common cattle diseases, such as bovine respiratory disease complex and clostridia disease. As proteins play an important role in nutrition, the consumption of meat and meat products has increased. Animal-derived proteins assist in the synthesis of body tissues for renovation and faster growth. The amino acid profile offered by animal-derived proteins plays a significant role in immunity, environmental adaptability, and other biological functions. Genetically modified poultry, such as broilers, have high protein and are easily digestible.

According to the Food and Agriculture Organization of the United Nations (FAO) estimates, the global demand for meat products has increased by 58% from 1995 to 2020. The estimates also show that meat consumption has risen from 233 million metric ton in 2000 to 300 million metric ton in 2020. Similarly, milk consumption has increased from 568 in 2000 to 700 million metric ton in 2020. The FAO also estimated that egg production has increased by 30% in 2020. China is among the major developing country propelling the demand for poultry, pig meat, and milk. In contrast, Thailand is the largest producers of poultry, pig meat, and milk. Thus, animal genetics is serving to be a great tool to meet the growing demand for animal-derived food products.

Asia Pacific Animal Genetics Market Overview

The Asia Pacific animal genetics market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The market is expected to grow due to the rising preference for animal-derived protein supplements and food products and the increasing adoption of progressive genetic practices such as artificial insemination (AI) and embryo transfer in the region.

Asia Pacific Animal Genetics Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Animal Genetics Market Segmentation

The Asia Pacific animal genetics market is segmented based on type, animal, genetic material, and country. Based on type, the Asia Pacific animal genetics market is bifurcated into services and product. The services segment held a larger market share in 2022.

Based on animal, the Asia Pacific 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 Asia Pacific animal genetics market is bifurcated into embryo and semen. The embryo segment held a larger market share in 2022.

Based on country, the Asia Pacific animal genetics market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific animal genetics market share in 2022.

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 are some of the leading companies operating in the Asia Pacific animal genetics market.

Summary Info

Industry:

Number of pages:

Pricing options:

, ,

Publishing status:

Geographical coverage:

Year of Publication:

At 7.0% CAGR, the Asia Pacific Animal Genetics Market is Speculated to be worth US$ 1,868.11 million by 2028, saysthe research team

According tothe 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.

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific frozen waffles 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 Asia Pacific frozen waffles 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 Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Matriculation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Assumptions and Limitations:
4. Middle East & Africa Chilled Food Packaging Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Intensity of Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors or Suppliers:
4.3.4 End Users
4.4 Expert Opinions
5. Middle East & Africa Chilled Food Packaging Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Expansion of Organized Retail and E-Commerce
5.1.2 Increase in Demand for Convenience or Ready- to- Eat Food
5.2 Market Restraints
5.2.1 Stringent Government Regulations
5.3 Market Opportunities
5.3.1 Increasing Focus on Sustainability and Eco-Friendly Packaging
5.4 Future Trends
5.4.1 Advancements in Smart and Active Packaging
5.5 Impact Analysis of Drivers and Restraints
6. Chilled Food Packaging – Middle East & Africa Market Analysis
6.1 Middle East & Africa Chilled Food Packaging Market Overview
6.2 Middle East & Africa Chilled Food Packaging Market -Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa Chilled Food Packaging Market Analysis – By Material
7.1 Overview
7.2 Middle East & Africa Chilled Food Packaging Market, By Material (2022 and 2030)
7.3 Plastic
7.3.1 Overview
7.3.2 Plastic: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Aluminum
7.4.1 Overview
7.4.2 Aluminum: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Paper and Paperboard
7.5.1 Overview
7.5.2 Paper and Paperboard: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Chilled Food Packaging Market Analysis – By Type
8.1 Overview
8.2 Middle East & Africa Chilled Food Packaging Market, By Type (2022 and 2030)
8.3 Boxes
8.3.1 Overview
8.3.2 Boxes: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Tubs and Cups
8.4.1 Overview
8.4.2 Tubs and Cups: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Cans
8.5.1 Overview
8.5.2 Cans: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Pouches and Bags
8.6.1 Overview
8.6.2 Pouches and Bags: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Chilled Food Packaging Market Analysis – By Application
9.1 Overview
9.2 Middle East & Africa Chilled Food Packaging Market, By Application (2022 and 2030)
9.3 Dairy Products
9.3.1 Overview
9.3.2 Dairy Products: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Meat and Poultry
9.4.1 Overview
9.4.2 Meat and Poultry: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Seafood
9.5.1 Overview
9.5.2 Seafood: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Fruits and Vegetables
9.6.1 Overview
9.6.2 Fruits and Vegetables: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Middle East & Africa Chilled Food Packaging Market – Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Chilled Food Packaging Market – Country Analysis
10.1 Overview
10.1.1.1 South Africa: Middle East & Africa Chilled Food Packaging Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 South Africa: Middle East & Africa Chilled Food Packaging Market, by Material
10.1.1.1.2 South Africa: Middle East & Africa Chilled Food Packaging Market, by Type
10.1.1.1.3 South Africa: Middle East & Africa Chilled Food Packaging Market, by Application
10.1.1.2 Saudi Arabia: Middle East & Africa Chilled Food Packaging Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Saudi Arabia: Middle East & Africa Chilled Food Packaging Market, by Material
10.1.1.2.2 Saudi Arabia: Middle East & Africa Chilled Food Packaging Market, by Type
10.1.1.2.3 Saudi Arabia: Middle East & Africa Chilled Food Packaging Market, by Application
10.1.1.3 UAE: Middle East & Africa Chilled Food Packaging Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 UAE: Middle East & Africa Chilled Food Packaging Market, by Material
10.1.1.3.2 UAE: Middle East & Africa Chilled Food Packaging Market, by Type
10.1.1.3.3 UAE: Middle East & Africa Chilled Food Packaging Market, by Application
10.1.1.4 Rest of MEA: Middle East & Africa Chilled Food Packaging Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Rest of MEA: Middle East & Africa Chilled Food Packaging Market, by Material
10.1.1.4.2 Rest of MEA: Middle East & Africa Chilled Food Packaging Market, by Type
10.1.1.4.3 Rest of MEA: Middle East & Africa Chilled Food Packaging Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Mondi Plc
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 Amcor 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 Sonoco Products Co
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 Amerplast Ltd
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 Berry Global Group Inc
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 WestRock Co
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 Graphic Packaging Holding Co
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 Tetra Pak International SA
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 Sealed Air Corp
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
13.2 Word Index

LIST OF TABLES

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

LIST OF FIGURES

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, (%)

The List of Companies – Asia Pacific Animal Genetics 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.

Reviews

There are no reviews yet.

Be the first to review “Asia Pacific Animal Genetics Market Forecast to 2028”