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Europe Animal Genetics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Products, Genetic Material, Service

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    Report

  • 136 Pages
  • April 2021
  • Region: Europe
  • The Insight Partners
  • ID: 5316776
The Europe animal genetics market is expected to reach US$ 1,803.02 million in 2027 from US$ 1,148.25 million in 2019. The market is estimated to grow with a CAGR of 5.9% from 2020 to 2027.

The growth of this market is attributed to the factors such as the rising number of livestock population across Europe and an increasing diversity in animal breeding resulting in a larger genetic pool. However, the market is expected to experience slow growth during the forecast period owing to the insufficient skilled professionals in veterinary research.

Increasing population and rapid urbanization globally have resulted in a growing preference for animal-derived food products such as dairy products and meat that contain high protein. Livestock groups provide consumers with different products and services, including meat, milk, eggs, fiber, and draught power. The genetic variation within livestock communities produces the raw material for evolving through natural selection to answer changing conditions and human-managed genetic improvement plans. As per the Food and Agriculture Organization (FAO), animal genetics is a livestock development support. It is a vast field, ranging from characterization and conservation to genetic development. Moreover, Spain is regarded as one of the significant livestock product producers in Europe. Spanish meat production in 2015 was 526,561 million tons and 701,305 million tons of poultry. Spanish livestock farming has experienced considerable growth and modernization in the last few years, but their output remained well behind other European countries' efficiency and productivity. The pork was Spain's most crucial meat product, and the number of pigs grown was 28.4 million in 2015. Therefore, the rise in the livestock population across Europe drives the demand for the animal genetics market.

The countries in Europe are highly affected due to the COVID-19 pandemic. The European countries such as Italy and Spain are highly affected and has registered the maximum number of deaths due to COVID-19. However, the animal health in European countries is minimally affected. For instance, according to the Animal Health Europe updates as of 24th March 2020, European Commission has included veterinary medicines in the Communication to implement the Green Lanes under the Guidelines for border management measures to protect health and ensure accessibility of goods and important services.

Pharmaceutical companies operating in the animal health sectors are not affected; their operations are carried out normally. For instance, Vetoquinol is continuing its production by taking all precautions and sterilization measures in their production plants. However, the companies may face challenges for supplying the products in different countries due to lockdown. Thus, the animal genetics market is not much affected by the COVID-19 outbreak in the European region.

Based on product, the Europe animal genetics market is segmented into poultry, porcine, bovine, canine, and others. The porcine segment held the largest market share in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.

Based on genetic material, the Europe animal genetics market is segmented into semen and embryo. The embryo segment held a larger market share in 2019, whereas the semen segment is anticipated to register a higher CAGR in the market during the forecast period.

Based on service, the Europe animal genetics market is segmented into DNA typing, genetic trait tests, genetic disease tests, and others. The DNA typing segment held the largest market share in 2019, whereas the genetic disease tests segment is anticipated to register the highest CAGR in the market during the forecast period.

A few of the primary and secondary sources referred to while preparing the report on the Europe animal genetics market are the Italian Animal Genetic Resources (ItAnGR), among others.
Frequently Asked Questions about the European Animal Genetics Market

What is the estimated value of the European Animal Genetics Market?

The European Animal Genetics Market was estimated to be valued at $1148.25 Million in 2019.

What is the growth rate of the European Animal Genetics Market?

The growth rate of the European Animal Genetics Market is 5.9%, with an estimated value of $1803.02 Million by 2027.

What is the forecasted size of the European Animal Genetics Market?

The European Animal Genetics Market is estimated to be worth $1803.02 Million by 2027.

Who are the key companies in the European Animal Genetics Market?

Key companies in the European Animal Genetics Market include Hendrix Genetics, Envigo, Animal Genetics Inc., NEOGEN Corporation, Genus, Topigs Norsvin, Zoetis Inc., Alta Genetics Inc. and Groupe Grimaud.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Animal Genetics Market - By Product
1.3.2 Animal Genetics Market - By Genetic Material
1.3.3 Animal Genetics Market - By Service
1.3.4 Europe Animal Genetics Market - By Country
2. Europe Animal Genetics Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Animal Genetics Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Animal Genetics Market- Europe PEST Analysis
4.3 Expert Opinion
5. Europe Animal Genetics Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of Livestock Population across Europe
5.1.2 Increasing Diversity in Animal Breeding Resulting in a Larger Genetic Pool
5.2 Market Restraints
5.2.1 Insufficient Skilled Professionals in Veterinary Research
5.3 Market Opportunities
5.3.1 Continuous Support by Government for Development of Animal Genetics
5.4 Future Trends
5.4.1 Several Technological Advancements Regarding Animal Genetics
5.5 Impact Analysis
6. Animal Genetics Market - Europe Analysis
6.1 Europe Animal Genetics Market Revenue Forecasts and Analysis
7. Europe Animal Genetics Market Analysis and Forecasts to 2027 - By Product
7.1 Overview
7.2 Animal Genetics Market Revenue Share, by Product (2019 and 2027)
7.3 Poultry
7.3.1 Overview
7.3.2 Poultry: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Porcine
7.4.1 Overview
7.4.2 Porcine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Bovine
7.5.1 Overview
7.5.2 Bovine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
7.6 Canine
7.6.1 Overview
7.6.2 Canine: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
7.7 Other
7.7.1 Overview
7.7.2 Other: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
8. Europe Animal Genetics Market Analysis and Forecasts to 2027 - By Genetic Material
8.1 Overview
8.2 Animal Genetics Market Revenue Share, by Genetic Material (2019 and 2027)
8.3 Semen
8.3.1 Overview
8.3.2 Semen: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Embryo
8.4.1 Overview
8.4.2 Embryo: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
9. Europe Animal Genetics Market Analysis and Forecasts to 2027 - By Service
9.1 Overview
9.2 Animal Genetics Market Share, by Service, 2019 and 2027, (%)
9.3 DNA typing
9.3.1 Overview
9.3.2 DNA typing: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
9.4 Genetic Trait Tests
9.4.1 Overview
9.4.2 Genetic Trait Tests: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
9.5 Genetic Disease Tests
9.5.1 Overview
9.5.2 Genetic Disease Tests: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Animal Genetics Market - Revenue and Forecast to 2027 (US$ Million)
10. Animal Genetics Market Revenue and Forecasts to 2027 - Geographical Analysis
10.1 Europe: Animal Genetics Market
10.1.1 Overview
10.1.2 Europe: Animal Genetics Market, by Country, 2019 & 2027 (%)
10.1.3 Germany: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.3.1 Germany: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.3.2 Germany: Animal Genetics Market, by Products - Revenue and Forecast to 2027 (USD Million)
10.1.3.3 Germany: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
10.1.3.4 Germany: Animal genetics market, by Services - Revenue and Forecast to 2027 (USD Million)
10.1.4 UK: Animal genetics market - Revenue and Forecast to 2027 (USD Million)
10.1.4.1 UK: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.4.2 UK: Animal Genetics Market, by Products - Revenue and Forecast to 2027 (USD Million)
10.1.4.3 UK: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
10.1.4.4 UK: Animal genetics market, by Services - Revenue and Forecast to 2027 (USD Million)
10.1.5 France: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.5.1 France: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.5.2 France: Animal Genetics Market, by Products - Revenue and Forecast to 2027 (USD Million)
10.1.5.3 France: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
10.1.5.4 France: Animal Genetics Market, by Services - Revenue and Forecast to 2027 (USD Million)
10.1.6 Spain: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.6.1 Spain: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.6.2 Spain: Animal Genetics Market, by Products - Revenue and Forecast to 2027 (USD Million)
10.1.6.3 Spain: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
10.1.6.4 Spain: Animal Genetics Market, by Services - Revenue and Forecast to 2027 (USD Million)
10.1.7 Italy: Animal Genetics Market - Revenue and Forecast to 2027 (USD Million)
10.1.7.1 Italy: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.7.2 Italy: Animal Genetics Market, by Products - Revenue and Forecast to 2027 (USD Million)
10.1.7.3 Italy: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
10.1.7.4 Italy: Animal Genetics Market, by Services - Revenue and Forecast to 2027 (USD Million)
10.1.8 Rest of Europe: Animal genetics market - Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Rest of Europe: Animal Genetics Market- Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Rest of Europe: Animal Genetics Market, by Products - Revenue and Forecast to 2027 (USD Million)
10.1.8.3 Rest of Europe: Animal genetics market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)
10.1.8.4 Rest of Europe: Animal genetics market, by Services - Revenue and Forecast to 2027 (USD Million)
11. Impact of COVID-19 Pandemic on Europe Animal Genetics Market
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. COMPANY PROFILES
13.1 NEOGEN Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Genus
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 TOPIGS NORSVIN
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Zoetis Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 HENDRIX GENETICS BV
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Envigo
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ANIMAL GENETICS INC.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 ALTA GENETICS INC.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Groupe Grimaud
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About the Publishers
14.2 Glossary of Terms

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Hendrix Genetics
  • Envigo
  • Animal Genetics Inc.
  • NEOGEN Corporation
  • Genus
  • Topigs Norsvin
  • Zoetis Inc.
  • Alta Genetics Inc.
  • Groupe Grimaud