Animal Genetics Market
Animal Genetics Market Forecasts to 2030 - Global Analysis By Product (Live Animals, Genetic Materials Other Products), Testing Service (DNA Typing, Genetic Trait Tests and Other Testing Services), End User and By Geography
According to Stratistics MRC, the Global Animal Genetics Market is accounted for $7.15 billion in 2023 and is expected to reach $12.58 billion by 2030 growing at a CAGR of 8.41% during the forecast period. Animal genetics is a field of science that explores the genetic makeup and inheritance patterns of animals. It delves into how traits, behaviors, and diseases are passed down through generations within species. Through studying DNA, genes, and chromosomes, animal geneticists seek to understand the mechanisms underlying various characteristics, including physical attributes, physiological functions, and even complex behaviors. This knowledge is crucial in animal breeding programs aimed at enhancing desirable traits in livestock, pets, and endangered species conservation efforts.
According to the United States Department of Agriculture's (USDA), cattle stocks in the United States are 91,800 thousand in 2021 and 93,595 thousand in 2020. According to statistics by the Food and Agriculture Organization Corporate Statistical Database (FAOSTAT), India’s milk production increased to 209.96 million tons (MT) during 2020-21 against 198.44 MT in 2019-20, and India accounted for 21% of the global milk production output.
Market Dynamics:
Driver:
Focus on disease resistance and health traits
The focus on disease resistance and health traits is a pivotal driver in the animal genetics market due to its significant impact on livestock productivity and sustainability. Breeders prioritize genetic selection for traits that enhance animals' ability to resist diseases, reducing the need for antibiotics and veterinary interventions. This approach not only improves animal welfare but also safeguards human health by reducing the risk of antibiotic resistance and the potential transmission of zoonotic diseases. Moreover, disease-resistant breeds typically exhibit better growth rates and reproductive performance, leading to higher profitability for farmers and more efficient utilization of resources.
Restraint:
Limited adoption in certain regions
Limited adoption in certain regions is a significant restraint for the animal genetics market. Factors such as inadequate infrastructure, a lack of awareness about advanced genetic technologies, and cultural preferences towards traditional breeding methods hinder the widespread uptake of animal genetic products and services. These limitations restrict market penetration and inhibit the realization of the full potential of animal genetics in enhancing livestock productivity and quality. Bridging these gaps through targeted educational initiatives, infrastructure development, and regulatory reforms is essential for overcoming this restraint.
Opportunity:
Conservation and wildlife management
The animal genetics market offers significant opportunities for conservation and wildlife management by providing tools and technologies to understand and preserve genetic diversity in endangered species. Through genetic analysis, scientists can identify unique genetic traits, track populations, and develop targeted conservation strategies. Additionally, advances in animal genetics enable the breeding of healthier, more resilient populations, which is essential for maintaining ecosystem balance. This market facilitates the exchange of genetic material across borders, fostering collaboration among conservationists globally. Moreover, genetic technologies aid in combating the illegal wildlife trade by enabling the authentication of species and products.
Threat:
Disease outbreaks
Disease outbreaks pose a significant threat due to their potential to devastate livestock populations. Infectious diseases can spread rapidly among animals, leading to decreased production efficiency, economic losses, and even the loss of entire herds. In such situations, demand for genetic solutions, such as disease-resistant breeds or improved disease detection methods, intensifies. However, outbreaks can disrupt breeding programs, genetic research, and supply chains, hampering the ability of market players to meet demand. Additionally, concerns over food safety and public health during outbreaks may impact consumer confidence and regulatory measures.
Covid-19 Impact:
The COVID-19 pandemic has significantly impacted the animal genetics market. While the demand for genetic technologies and services remained stable, disruptions in the global supply chain and logistical challenges have hindered the availability and delivery of genetic materials, such as semen and embryos. Additionally, economic uncertainties and reduced budgets in the agricultural sector have led to a cautious approach to investment in genetic improvement programs. However, there has been an increased emphasis on food security and sustainability, driving interest in genetic solutions for disease resistance and productivity.
The DNA typing segment is expected to be the largest during the forecast period
DNA typing, also known as DNA profiling or genetic fingerprinting, has experienced significant growth in the animal genetics market. This growth can be attributed to its increasing applications in animal breeding, parentage verification, disease resistance assessment, and conservation genetics. DNA typing enables the precise identification of individual animals, facilitating better breeding programs and genetic management strategies. With advancements in technology, such as next-generation sequencing and SNP genotyping, DNA typing has become more cost-effective and accessible, further driving its adoption in the animal genetics industry.
The veterinary hospitals & clinics segment is expected to have the highest CAGR during the forecast period
The Veterinary Hospitals & Clinics segment has experienced notable growth due to increasing awareness among pet owners about genetic diseases and the importance of genetic testing. Advancements in technology have made genetic testing more accessible and affordable, driving its adoption in veterinary hospitals and clinics. Moreover, the growing prevalence of genetic disorders in animals has necessitated the expansion of genetic services in these facilities. Furthermore, collaborations between genetic testing companies and veterinary professionals have facilitated the integration of genetic testing into routine veterinary care.
Region with largest share:
North American region has witnessed significant growth in the animal genetics market. This expansion can be attributed to several factors, including increased demand for improved livestock production efficiency, rising awareness about the benefits of genetic selection in animal breeding, and advancements in biotechnology. The region's robust infrastructure, supportive regulatory frameworks, and strong emphasis on research and development have further propelled market growth. Additionally, the adoption of genomic technologies and precision breeding techniques has spurred innovation, leading to the development of superior animal breeds with desirable traits.
Region with highest CAGR:
The Asia-Pacific region has experienced substantial growth in the animal genetics market due to rising demand for high-quality animal products, such as meat, milk, and eggs, coupled with increasing awareness about the benefits of genetic selection and breeding programs. Advancements in biotechnology and genetic engineering have facilitated the development of innovative genetic solutions for livestock improvement. Favourable government initiatives and investments in the animal husbandry and agriculture sectors have further stimulated market growth in the region. Additionally, the increasing adoption of advanced genetic technologies by farmers and livestock producers to enhance productivity and profitability has also contributed to the burgeoning animal genetics market in Asia and the Pacific.
Key players in the market
Some of the key players in Animal Genetics market include Alta Genetics Inc., Animal Genetics Inc., CRV Holding, Envigo, Genus PLC, Groupe Grimaud , Hendrix Genetics BV, Neogen Corporation, Sandor Animal Biogenics Pvt. Ltd, Topigs Norsvin Holding BV, Tropical Bovine Genetics, URUS and Zoetis Services LLC.
Key Developments:
In December 2023, Neogen Ionics Ltd, a subsidiary of Neogen Chemicals Ltd, announced on that the company has acquired a 65-acre land parcel in Pakhajan, Dahej, Gujarat. The acquired land will be used for setting up a battery materials manufacturing plant and for future business opportunities. In the first phase of development, the company will set up an electrolyte plant on the greenfield site. It is anticipated to generate 30,000 MT of electrolytes and 4000 MT of electrolyte salts & additives.
In October 2023, Ag biotech startup Tropic Bovine Genetics and Corteva Agriscience are partnering to develop stronger disease resistance traits in corn and soybeans. The two will use Tropic’s Gene editing-induced Gene Silencing (GEiGS) technology to build non-transgenic resistance traits that can combat a range of diseases and pathogens in the crops.
Products Covered:
• Live Animals
• Genetic Materials
• Other Products
Testing Services Covered:
• DNA Typing
• Genetic Trait Tests
• Genetic Disease Tests
• Other Testing Services
End Users Covered:
• Veterinary Hospitals & Clinics
• Diagnostic Centers
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Animal Genetics Market, By Product
5.1 Introduction
5.2 Live Animals
5.2.1 Bovine
5.2.2 Canine
5.2.3 Poultry
5.2.4 Porcine
5.2.5 Other live animals
5.3 Genetic Materials
5.3.1 Semen
5.3.2 Equine
5.3.3 Embryos
5.3.4 Other Genetic Materials
5.4 Other Products
6 Global Animal Genetics Market, By Testing Service
6.1 Introduction
6.2 DNA Typing
6.3 Genetic Trait Tests
6.4 Genetic Disease Tests
6.5 Other Testing Services
7 Global Animal Genetics Market, By End User
7.1 Introduction
7.2 Veterinary Hospitals & Clinics
7.3 Diagnostic Centers
7.4 Other End Users
8 Global Animal Genetics Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Alta Genetics Inc.
10.2 Animal Genetics Inc.
10.3 CRV Holding
10.4 Envigo
10.5 Genus PLC
10.6 Groupe Grimaud
10.7 Hendrix Genetics BV
10.8 Neogen Corporation
10.9 Sandor Animal Biogenics Pvt. Ltd
10.10 Topigs Norsvin Holding BV
10.11 Tropical Bovine Genetics
10.12 URUS
10.13 Zoetis Services LLC
List of Tables
1 Global Animal Genetics Market Outlook, By Region (2021-2030) ($MN)
2 Global Animal Genetics Market Outlook, By Product (2021-2030) ($MN)
3 Global Animal Genetics Market Outlook, By Live Animals (2021-2030) ($MN)
4 Global Animal Genetics Market Outlook, By Bovine (2021-2030) ($MN)
5 Global Animal Genetics Market Outlook, By Canine (2021-2030) ($MN)
6 Global Animal Genetics Market Outlook, By Poultry (2021-2030) ($MN)
7 Global Animal Genetics Market Outlook, By Porcine (2021-2030) ($MN)
8 Global Animal Genetics Market Outlook, By Other live animals (2021-2030) ($MN)
9 Global Animal Genetics Market Outlook, By Genetic Materials (2021-2030) ($MN)
10 Global Animal Genetics Market Outlook, By Semen (2021-2030) ($MN)
11 Global Animal Genetics Market Outlook, By Equine (2021-2030) ($MN)
12 Global Animal Genetics Market Outlook, By Embryos (2021-2030) ($MN)
13 Global Animal Genetics Market Outlook, By Other Genetic Materials (2021-2030) ($MN)
14 Global Animal Genetics Market Outlook, By Other Products (2021-2030) ($MN)
15 Global Animal Genetics Market Outlook, By Testing Services (2021-2030) ($MN)
16 Global Animal Genetics Market Outlook, By DNA Typing (2021-2030) ($MN)
17 Global Animal Genetics Market Outlook, By Genetic Trait Tests (2021-2030) ($MN)
18 Global Animal Genetics Market Outlook, By Genetic Disease Tests (2021-2030) ($MN)
19 Global Animal Genetics Market Outlook, By Other Testing Services (2021-2030) ($MN)
20 Global Animal Genetics Market Outlook, By End User (2021-2030) ($MN)
21 Global Animal Genetics Market Outlook, By Veterinary Hospitals & Clinics (2021-2030) ($MN)
22 Global Animal Genetics Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
23 Global Animal Genetics Market Outlook, By Other End Users (2021-2030) ($MN)
24 North America Animal Genetics Market Outlook, By Country (2021-2030) ($MN)
25 North America Animal Genetics Market Outlook, By Product (2021-2030) ($MN)
26 North America Animal Genetics Market Outlook, By Live Animals (2021-2030) ($MN)
27 North America Animal Genetics Market Outlook, By Bovine (2021-2030) ($MN)
28 North America Animal Genetics Market Outlook, By Canine (2021-2030) ($MN)
29 North America Animal Genetics Market Outlook, By Poultry (2021-2030) ($MN)
30 North America Animal Genetics Market Outlook, By Porcine (2021-2030) ($MN)
31 North America Animal Genetics Market Outlook, By Other live animals (2021-2030) ($MN)
32 North America Animal Genetics Market Outlook, By Genetic Materials (2021-2030) ($MN)
33 North America Animal Genetics Market Outlook, By Semen (2021-2030) ($MN)
34 North America Animal Genetics Market Outlook, By Equine (2021-2030) ($MN)
35 North America Animal Genetics Market Outlook, By Embryos (2021-2030) ($MN)
36 North America Animal Genetics Market Outlook, By Other Genetic Materials (2021-2030) ($MN)
37 North America Animal Genetics Market Outlook, By Other Products (2021-2030) ($MN)
38 North America Animal Genetics Market Outlook, By Testing Services (2021-2030) ($MN)
39 North America Animal Genetics Market Outlook, By DNA Typing (2021-2030) ($MN)
40 North America Animal Genetics Market Outlook, By Genetic Trait Tests (2021-2030) ($MN)
41 North America Animal Genetics Market Outlook, By Genetic Disease Tests (2021-2030) ($MN)
42 North America Animal Genetics Market Outlook, By Other Testing Services (2021-2030) ($MN)
43 North America Animal Genetics Market Outlook, By End User (2021-2030) ($MN)
44 North America Animal Genetics Market Outlook, By Veterinary Hospitals & Clinics (2021-2030) ($MN)
45 North America Animal Genetics Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
46 North America Animal Genetics Market Outlook, By Other End Users (2021-2030) ($MN)
47 Europe Animal Genetics Market Outlook, By Country (2021-2030) ($MN)
48 Europe Animal Genetics Market Outlook, By Product (2021-2030) ($MN)
49 Europe Animal Genetics Market Outlook, By Live Animals (2021-2030) ($MN)
50 Europe Animal Genetics Market Outlook, By Bovine (2021-2030) ($MN)
51 Europe Animal Genetics Market Outlook, By Canine (2021-2030) ($MN)
52 Europe Animal Genetics Market Outlook, By Poultry (2021-2030) ($MN)
53 Europe Animal Genetics Market Outlook, By Porcine (2021-2030) ($MN)
54 Europe Animal Genetics Market Outlook, By Other live animals (2021-2030) ($MN)
55 Europe Animal Genetics Market Outlook, By Genetic Materials (2021-2030) ($MN)
56 Europe Animal Genetics Market Outlook, By Semen (2021-2030) ($MN)
57 Europe Animal Genetics Market Outlook, By Equine (2021-2030) ($MN)
58 Europe Animal Genetics Market Outlook, By Embryos (2021-2030) ($MN)
59 Europe Animal Genetics Market Outlook, By Other Genetic Materials (2021-2030) ($MN)
60 Europe Animal Genetics Market Outlook, By Other Products (2021-2030) ($MN)
61 Europe Animal Genetics Market Outlook, By Testing Services (2021-2030) ($MN)
62 Europe Animal Genetics Market Outlook, By DNA Typing (2021-2030) ($MN)
63 Europe Animal Genetics Market Outlook, By Genetic Trait Tests (2021-2030) ($MN)
64 Europe Animal Genetics Market Outlook, By Genetic Disease Tests (2021-2030) ($MN)
65 Europe Animal Genetics Market Outlook, By Other Testing Services (2021-2030) ($MN)
66 Europe Animal Genetics Market Outlook, By End User (2021-2030) ($MN)
67 Europe Animal Genetics Market Outlook, By Veterinary Hospitals & Clinics (2021-2030) ($MN)
68 Europe Animal Genetics Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
69 Europe Animal Genetics Market Outlook, By Other End Users (2021-2030) ($MN)
70 Asia Pacific Animal Genetics Market Outlook, By Country (2021-2030) ($MN)
71 Asia Pacific Animal Genetics Market Outlook, By Product (2021-2030) ($MN)
72 Asia Pacific Animal Genetics Market Outlook, By Live Animals (2021-2030) ($MN)
73 Asia Pacific Animal Genetics Market Outlook, By Bovine (2021-2030) ($MN)
74 Asia Pacific Animal Genetics Market Outlook, By Canine (2021-2030) ($MN)
75 Asia Pacific Animal Genetics Market Outlook, By Poultry (2021-2030) ($MN)
76 Asia Pacific Animal Genetics Market Outlook, By Porcine (2021-2030) ($MN)
77 Asia Pacific Animal Genetics Market Outlook, By Other live animals (2021-2030) ($MN)
78 Asia Pacific Animal Genetics Market Outlook, By Genetic Materials (2021-2030) ($MN)
79 Asia Pacific Animal Genetics Market Outlook, By Semen (2021-2030) ($MN)
80 Asia Pacific Animal Genetics Market Outlook, By Equine (2021-2030) ($MN)
81 Asia Pacific Animal Genetics Market Outlook, By Embryos (2021-2030) ($MN)
82 Asia Pacific Animal Genetics Market Outlook, By Other Genetic Materials (2021-2030) ($MN)
83 Asia Pacific Animal Genetics Market Outlook, By Other Products (2021-2030) ($MN)
84 Asia Pacific Animal Genetics Market Outlook, By Testing Services (2021-2030) ($MN)
85 Asia Pacific Animal Genetics Market Outlook, By DNA Typing (2021-2030) ($MN)
86 Asia Pacific Animal Genetics Market Outlook, By Genetic Trait Tests (2021-2030) ($MN)
87 Asia Pacific Animal Genetics Market Outlook, By Genetic Disease Tests (2021-2030) ($MN)
88 Asia Pacific Animal Genetics Market Outlook, By Other Testing Services (2021-2030) ($MN)
89 Asia Pacific Animal Genetics Market Outlook, By End User (2021-2030) ($MN)
90 Asia Pacific Animal Genetics Market Outlook, By Veterinary Hospitals & Clinics (2021-2030) ($MN)
91 Asia Pacific Animal Genetics Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
92 Asia Pacific Animal Genetics Market Outlook, By Other End Users (2021-2030) ($MN)
93 South America Animal Genetics Market Outlook, By Country (2021-2030) ($MN)
94 South America Animal Genetics Market Outlook, By Product (2021-2030) ($MN)
95 South America Animal Genetics Market Outlook, By Live Animals (2021-2030) ($MN)
96 South America Animal Genetics Market Outlook, By Bovine (2021-2030) ($MN)
97 South America Animal Genetics Market Outlook, By Canine (2021-2030) ($MN)
98 South America Animal Genetics Market Outlook, By Poultry (2021-2030) ($MN)
99 South America Animal Genetics Market Outlook, By Porcine (2021-2030) ($MN)
100 South America Animal Genetics Market Outlook, By Other live animals (2021-2030) ($MN)
101 South America Animal Genetics Market Outlook, By Genetic Materials (2021-2030) ($MN)
102 South America Animal Genetics Market Outlook, By Semen (2021-2030) ($MN)
103 South America Animal Genetics Market Outlook, By Equine (2021-2030) ($MN)
104 South America Animal Genetics Market Outlook, By Embryos (2021-2030) ($MN)
105 South America Animal Genetics Market Outlook, By Other Genetic Materials (2021-2030) ($MN)
106 South America Animal Genetics Market Outlook, By Other Products (2021-2030) ($MN)
107 South America Animal Genetics Market Outlook, By Testing Services (2021-2030) ($MN)
108 South America Animal Genetics Market Outlook, By DNA Typing (2021-2030) ($MN)
109 South America Animal Genetics Market Outlook, By Genetic Trait Tests (2021-2030) ($MN)
110 South America Animal Genetics Market Outlook, By Genetic Disease Tests (2021-2030) ($MN)
111 South America Animal Genetics Market Outlook, By Other Testing Services (2021-2030) ($MN)
112 South America Animal Genetics Market Outlook, By End User (2021-2030) ($MN)
113 South America Animal Genetics Market Outlook, By Veterinary Hospitals & Clinics (2021-2030) ($MN)
114 South America Animal Genetics Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
115 South America Animal Genetics Market Outlook, By Other End Users (2021-2030) ($MN)
116 Middle East & Africa Animal Genetics Market Outlook, By Country (2021-2030) ($MN)
117 Middle East & Africa Animal Genetics Market Outlook, By Product (2021-2030) ($MN)
118 Middle East & Africa Animal Genetics Market Outlook, By Live Animals (2021-2030) ($MN)
119 Middle East & Africa Animal Genetics Market Outlook, By Bovine (2021-2030) ($MN)
120 Middle East & Africa Animal Genetics Market Outlook, By Canine (2021-2030) ($MN)
121 Middle East & Africa Animal Genetics Market Outlook, By Poultry (2021-2030) ($MN)
122 Middle East & Africa Animal Genetics Market Outlook, By Porcine (2021-2030) ($MN)
123 Middle East & Africa Animal Genetics Market Outlook, By Other live animals (2021-2030) ($MN)
124 Middle East & Africa Animal Genetics Market Outlook, By Genetic Materials (2021-2030) ($MN)
125 Middle East & Africa Animal Genetics Market Outlook, By Semen (2021-2030) ($MN)
126 Middle East & Africa Animal Genetics Market Outlook, By Equine (2021-2030) ($MN)
127 Middle East & Africa Animal Genetics Market Outlook, By Embryos (2021-2030) ($MN)
128 Middle East & Africa Animal Genetics Market Outlook, By Other Genetic Materials (2021-2030) ($MN)
129 Middle East & Africa Animal Genetics Market Outlook, By Other Products (2021-2030) ($MN)
130 Middle East & Africa Animal Genetics Market Outlook, By Testing Services (2021-2030) ($MN)
131 Middle East & Africa Animal Genetics Market Outlook, By DNA Typing (2021-2030) ($MN)
132 Middle East & Africa Animal Genetics Market Outlook, By Genetic Trait Tests (2021-2030) ($MN)
133 Middle East & Africa Animal Genetics Market Outlook, By Genetic Disease Tests (2021-2030) ($MN)
134 Middle East & Africa Animal Genetics Market Outlook, By Other Testing Services (2021-2030) ($MN)
135 Middle East & Africa Animal Genetics Market Outlook, By End User (2021-2030) ($MN)
136 Middle East & Africa Animal Genetics Market Outlook, By Veterinary Hospitals & Clinics (2021-2030) ($MN)
137 Middle East & Africa Animal Genetics Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
138 Middle East & Africa Animal Genetics Market Outlook, By Other End Users (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
