Europe Animal Genetics Market Forecast to 2028

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)

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Description

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.

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At 6.2% CAGR, the Europe Animal Genetics Market is Speculated to be worth US$ 2,710.09 million by 2028, saysthe research team

According tothe research team research, 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, registering a CAGR of 6.2% 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 Europe animal genetics market expansion.

Phenotype selection is a modern approach in animal genetics, which is expected to offer considerable opportunities in the market by providing successful tools for the long-term improvement of livestock efficiency. Rapid genetic selection through these services is expected to improve the quality of dairy cattle as well as animals that are rich sources of proteins. Phenotyping of animals can also improve animal efficiency in terms of health and body resilience to be minimally affected by environmental disturbances. Automated high-throughput phenotyping with sensors, imaging, and other on-farm technologies has generated huge amounts of largely utilized data for research purposes. In the future, sequencing and other genomics technology will also facilitate the ability for deep phenotyping of livestock at the molecular level. Services such as data science and training services needed to manage, record, and analyze data to generate knowledge and advances in animal genetics and related disciplines have considerable prospects in the future. Market players in the animal genetics market have adopted several strategies to adopt these innovative phenotyping services. In July 2020, Vytelle IVF and GrowSafe Systems Ltd partnered to accelerate genetic advances in bovine biotechnology. The companies will operate together to produce high-quality protein with sustainability and offer profit potential for cattle producers. These companies also offer phenotyping services to fast forward generational advances in animal genetics. Thus, such advances in phenotyping services will bring significant opportunities for players in the animal genetics market. Further, evolution in genetics has enabled the use of CRISPR-Cas-based tools, transcription-activating nuclease (TALEN), and zinc finger nucleases (ZFN), offering wider growth opportunities for market growth. These technologies will allow the selection of animals based on their genomics and help understand animal biology properly. Thus, these benefits are anticipated to expand the animal genetic practice and foster market growth in the coming years. This is expected to drive the Europe animal genetics market during the forecast period.

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

Based on type, the Europe animal genetics market is bifurcated into services and product. The services segment held 73.9% market share in 2022, amassing US$ 1,392.08 million. It is projected to garner US$ 2,029.87 million by 2028 to expand at 6.5% CAGR during 2022–2028.

Based on animal, the Europe animal genetics market is categorized into porcine, poultry, bovine, canine, and others. The porcine segment held 26.6% share of Europe animal genetics market in 2022, amassing US$ 501.15 million. It is projected to garner US$ 732.52 million by 2028 to expand at 6.5% CAGR during 2022–2028.

Based on genetic material, the Europe animal genetics market is bifurcated into embryo and semen. The embryo segment held 59.0% share of Europe animal genetics market in 2022, amassing US$ 1,112.15 million. It is projected to garner US$ 1,577.01 million by 2028 to expand at 6.0% CAGR during 2022–2028.

Based on country, the Europe animal genetics market has been categorized into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Our regional analysis states that Germany captured 27.5% share of Europe animal genetics market in 2022. It was assessed at US$ 518.45 million in 2022 and is likely to hit US$ 771.61 million by 2028, exhibiting a CAGR of 6.9% during 2022–2028.

Key players operating in the Europe animal genetics market are 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, among others.

In June 2022, Hendrix Genetics partnered with Australia’s national science agency, CSIRO, to test the viability of an innovative point of lay sex sorting technology for the egg laying industry. In Nov 2021, Inotiv, Inc. Completed Purchase of Envigo.

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TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Carbon Black Market, by Type
1.3.2 South & Central America Carbon Black Market, by Grade
1.3.3 South & Central America Carbon Black Market, by Application
1.3.4 South & Central America Carbon Black Market, by Country
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 formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South & Central America Carbon Black Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. South & Central America Carbon Black Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Automotive Tire Sector in Developing Economies
5.1.2 Increasing Demand for Specialty Carbon Black
5.2 Market Restraints
5.2.1 High Carbon Emission by Virgin Carbon Black
5.3 Market Opportunities
5.3.1 Rising Need for Green Alternatives with Shift Toward Sustainability
5.4 Future Trends
5.4.1 Emphasis on Waste Tire Management
5.5 Impact Analysis
6. Carbon Black -South & Central America Market Analysis
6.1 South & Central America Carbon Black Market Overview
6.2 South & Central America Carbon Black Market -Revenue and Forecast to 2028 (US$ Million)
7. South & Central America Carbon Black Market Analysis – By Type
7.1 Overview
7.2 South & Central America Carbon Black Market, By Type (2021 and 2028)
7.3 Acetylene Black
7.3.1 Overview
7.3.2 Acetylene Black: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Channel Black
7.4.1 Overview
7.4.2 Channel Black: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Furnace Black
7.5.1 Overview
7.5.2 Furnace Black: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Thermal Black
7.6.1 Overview
7.6.2 Thermal Black: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Carbon Black Market Analysis – By Grade
8.1 Overview
8.2 South & Central America Carbon Black Market, By Grade (2021 and 2028)
8.3 Standard Grade
8.3.1 Overview
8.3.2 Standard Grade: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Specialty Grade
8.4.1 Overview
8.4.2 Specialty Grade: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Carbon Black Market Analysis – By Application
9.1 Overview
9.2 South & Central America Carbon Black Market, By Application (2021 and 2028)
9.3 Tire
9.3.1 Overview
9.3.2 Tire: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Non-Tire Rubber
9.4.1 Overview
9.4.2 Non-Tire Rubber: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Plastics
9.5.1 Overview
9.5.2 Plastics: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Inks and Coatings
9.6.1 Overview
9.6.2 Inks and Coatings: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Carbon Black Market – Country Analysis
10.1 Overview
10.1.1 South & Central America Carbon Black Market, by Key Country
10.1.1.1 Brazil: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: South & Central America Carbon Black Market, By Type
10.1.1.1.2 Brazil: South & Central America Carbon Black Market, by Grade
10.1.1.1.3 Brazil: South & Central America Carbon Black Market, by Application
10.1.1.2 Argentina: South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: South & Central America Carbon Black Market, By Type
10.1.1.2.2 Argentina: South & Central America Carbon Black Market, by Grade
10.1.1.2.3 Argentina: South & Central America Carbon Black Market, by Application
10.1.1.3 Rest of South & Central America Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of South & Central America Carbon Black Market, By Type
10.1.1.3.2 Rest of South & Central America Carbon Black Market, by Grade
10.1.1.3.3 Rest of South & Central America Carbon Black Market, by Application
11. Industry Landscape
11.1 Product launch
11.2 Expansion
12. Company Profiles
12.1 Klean Industries Inc
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 Imerys SA
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 Cabot Corp
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 Birla Carbon USA Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Orion Engineered Carbons SA
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
13. Appendix
13.1 About
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, (%)

The List of Companies – Europe 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.

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