NEW YORK, June 14, 2021 /PRNewswire/ -- The animal genetics
market is expected to grow by USD 1.84
billion during 2021-2025, according to Technavio. The report
offers a detailed analysis of the impact of the COVID-19 pandemic
on the animal genetics market in optimistic, probable, and
pessimistic forecast scenarios.
Request a Free Sample to understand the
scope of the report
The animal genetics market will witness a positive impact during
the forecast period owing to the widespread growth of the COVID-19
pandemic. As per Technavio's pandemic-focused market research,
market growth is likely to increase in 2021 as compared to
2020.
With the continuing spread of the coronavirus pandemic,
organizations across the globe are gradually flattening their
recessionary curve by leveraging technology. Many businesses will
go through response, recovery, and renewal phases. Building
business resilience and enabling agility will aid organizations to
move forward in their journey out of the COVID-19 crisis towards
the Next Normal.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand
destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets
as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
The animal genetics market is driven by the growing consumption
of animal-derived food products. In addition, the growing demand
for genetic testing services to reduce livestock diseases is
expected to trigger the animal genetics market toward witnessing a
CAGR of almost 7% during the forecast period.
Get more insights about the global trends
impacting the future of the animal genetics market, Request Free
Sample
@ https://www.technavio.com/talk-to-us?report=IRTNTR40040
Major Five Animal Genetics Market Participants:
Animal Genetics Inc.: The company offers Avian DNA
sexing services.
AquaGen AS: The company offers selective
breeding of Norwegian farmed Atlantic salmon and rainbow trout and
other services.
Aviagen Inc.: The company offers broiler breeding
stock through dedicated brands.
Cooperatie Koninklijke CRV u.a.: The company offers
the service of developing fertile and healthy herd, named
Ovalert.
Genetic Veterinary Sciences Inc: The company offers
services namely gene mutation, breeding of panels, and other
services through this segment.
Animal Genetics Market 2021-2025: Segmentation
Animal genetics market is segmented as below:
- Geography
-
- North America
- Europe
- Asia
- ROW
- Solution
-
- Live Animal
- Genetic Testing Services
- Genetic Materials
Related Reports on Healthcare Include:
Global Preclinical Animal Behavior Market -
Global preclinical animal behavior market is segmented
by end-user (industrial laboratories and CROs and academic and
government research laboratories), application (small animals and
large animals), and geography (North
America, Europe,
Asia, and ROW).
Request a Free Sample Report
Global Animal Health Diagnostics Market -
Global animal health diagnostics market is segmented by type
(livestock and companion) and geography (North America, Europe, Asia,
and ROW).
Request a Free Sample Report
Gain instant access to 17,000+ market research
reports by using
Technavio's SUBSCRIPTION platform
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Us
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions. With over 500 specialized analysts,
Technavio's report library consists of more than 17,000 reports and
counting, covering 800 technologies, spanning across 50 countries.
Their client base consists of enterprises of all sizes, including
more than 100 Fortune 500 companies. This growing client base
relies on Technavio's comprehensive coverage, extensive research,
and actionable market insights to identify opportunities in
existing and potential markets and assess their competitive
positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Newsroom: newsroom.technavio.com/news/animal-geneticsmarket
Report:
www.technavio.com/report/animal-genetics-market-industry-analysis
View original content to download
multimedia:http://www.prnewswire.com/news-releases/-1-84-billion-growth-expected-in-global-animal-genetics-market-during-2021-2025--rising-consumption-of-animal-derived-food-products-to-drive-growth--technavio-301310739.html
SOURCE Technavio