Animal Genetics Market Research, Analysis, Segmentation, Trends, Size And Forecasts, Competitive Analysis, SWOT Analysis

Animal Genetics Market Introduction

Animal genetics is the study of inheritance and variation in animals, including their genetic makeup and how it influences their physical and behavioral characteristics. The animal genetics market involves the use of advanced technologies to improve the genetics of livestock, companion animals, and other animals.

The market for animal genetics includes a range of products and services, such as genetic testing, breeding and reproduction services, and genetic engineering. The goal of animal genetics is to produce animals with desirable traits, such as increased disease resistance, improved meat quality, and better reproductive performance.

The animal genetics market is driven by the increasing demand for animal products, such as meat, dairy, and eggs, as well as the growing trend of pet ownership. The use of advanced technologies, such as genomics and gene editing, has revolutionized the animal genetics market by providing more precise and efficient methods for improving animal genetics.

Key players in the animal genetics market include companies such as Zoetis Inc., Genus PLC, and Hendrix Genetics. These companies offer a range of products and services for livestock and companion animals, including genetic testing, breeding, and reproduction technologies.

Overall, the animal genetics market is expected to continue growing in the coming years, driven by the increasing demand for animal products and the growing importance of genetic technologies in improving animal health and performance.

Animal Genetics Market Industry Analysis

The animal genetics market is a rapidly growing industry that involves the study of inheritance and variation in animals, with the goal of improving animal health, productivity, and performance. The industry encompasses a range of products and services, including genetic testing, breeding and reproduction technologies, and genetic engineering.

One of the key drivers of the animal genetics market is the increasing demand for animal products, including meat, dairy, and eggs, as well as the growing trend of pet ownership. The use of advanced technologies, such as genomics and gene editing, has enabled more precise and efficient methods for improving animal genetics, further driving growth in the industry.

The livestock sector dominates the animal genetics market, with a focus on improving the genetics of dairy and beef cattle, pigs, and poultry. The companion animal sector is also a significant market segment, with a focus on improving the genetics of dogs, cats, and horses.

North America and Europe are currently the largest markets for animal genetics, with Asia-Pacific and Latin America expected to experience significant growth in the coming years. Factors such as increasing urbanization, rising disposable incomes, and changing dietary preferences are expected to drive demand for animal products and, in turn, drive growth in the animal genetics market in these regions.

The animal genetics market is highly competitive, with a range of key players, including Zoetis Inc., Genus PLC, and Hendrix Genetics. These companies offer a range of products and services, from genetic testing to breeding and reproduction technologies, and are continuously investing in research and development to remain at the forefront of the industry.

Animal Genetics Market Trends

The animal genetics market is a rapidly evolving industry, and several key trends are shaping the future of this market. Some of the major trends in the animal genetics market include:

Growing demand for sustainable animal production: There is a growing trend towards sustainable animal production, with consumers increasingly looking for products that are produced in an environmentally friendly and socially responsible manner. This trend is driving demand for animal genetics technologies that can improve the efficiency and productivity of animal production while reducing the environmental impact.
Advancements in genomic technologies: Genomic technologies are rapidly advancing, providing more accurate and efficient methods for identifying desirable traits in animals. These technologies are being used to improve breeding programs, increase disease resistance, and develop new animal varieties.
Increased focus on animal welfare: There is growing concern about animal welfare, particularly in the livestock sector. Consumers are increasingly demanding animal products that are produced in humane conditions, which is driving the development of new animal genetics technologies that can improve the health and well-being of animals.
Growing demand for pet genetics: Pet ownership is on the rise, and there is a growing demand for genetic testing and other animal genetics technologies for companion animals. This trend is driving the development of new products and services in the pet genetics market.
Adoption of gene editing technologies: The use of gene editing technologies, such as CRISPR-Cas9, is rapidly increasing in the animal genetics market. These technologies allow for precise and targeted genetic modifications, offering new opportunities for improving animal health, productivity, and performance.

Overall, the animal genetics market is expected to continue growing in the coming years, driven by these and other trends. Companies that are able to stay at the forefront of these developments will be well positioned to take advantage of the growth opportunities in this market.

Animal Genetics Market Size And Forecast

The animal genetics market is a rapidly growing industry that is expected to continue expanding in the coming years. According to a report by Grand View Research, the global animal genetics market size was valued at $5.32 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2028.

The livestock sector dominates the animal genetics market, accounting for the majority of the market share. Within the livestock sector, the dairy and beef cattle segment is the largest, followed by the pig and poultry segments. The companion animal segment is also a significant market, with a focus on improving the genetics of dogs, cats, and horses.

North America and Europe are currently the largest markets for animal genetics, accounting for the majority of the market share. However, Asia-Pacific and Latin America are expected to experience significant growth in the coming years, driven by increasing demand for animal products, rising disposable incomes, and changing dietary preferences.

Key players in the animal genetics market include companies such as Zoetis Inc., Genus PLC, and Hendrix Genetics. These companies offer a range of products and services, from genetic testing to breeding and reproduction technologies, and are continuously investing in research and development to remain at the forefront of the industry.

Overall, the animal genetics market is expected to continue growing in the coming years, driven by increasing demand for animal products, the growing trend of pet ownership, and the use of advanced technologies to improve animal genetics. The market is highly competitive, with a range of key players, and companies that can stay ahead of the curve in terms of technological advancements and consumer trends are likely to be the most successful in this market.

Animal Genetics Market Share Analysis

The animal genetics market is highly competitive, with several key players vying for market share. Some of the major players in the animal genetics market include:

Zoetis Inc.: Zoetis is a leading animal health company that offers a range of animal genetics products and services. The company offers genetic testing services for both livestock and companion animals, as well as breeding and reproduction technologies and other animal health products.
Genus PLC: Genus is a leading provider of animal genetics products and services, with a focus on improving the genetics of livestock. The company offers a range of breeding and reproduction technologies, as well as genetic testing services and other animal health products.
Hendrix Genetics: Hendrix Genetics is a global animal genetics company that specializes in breeding and genetics for poultry, pigs, and aquaculture. The company offers a range of genetic improvement programs, as well as a variety of other animal genetics products and services.
Neogen Corporation: Neogen is a leading provider of animal genetics testing services, with a focus on both livestock and companion animals. The company offers a range of genetic testing products, as well as other animal health and food safety products.
Groupe Grimaud: Groupe Grimaud is a global leader in animal genetics, with a focus on avian genetics. The company offers a range of breeding and genetics programs, as well as a variety of other animal genetics products and services.

North America and Europe are currently the largest markets for animal genetics, with a relatively consolidated market dominated by a few key players. However, the market is expected to become more fragmented as new companies enter the market and regional markets in Asia-Pacific and Latin America continue to grow.

Overall, the animal genetics market is highly competitive, with a range of key players offering a variety of products and services. Companies that are able to stay ahead of the curve in terms of technological advancements and consumer trends are likely to be the most successful in this market.

Animal Genetics Market Competitive Landscape

The animal genetics market is highly competitive, with several key players vying for market share. These companies offer a wide range of products and services, including genetic testing, breeding and reproduction technologies, and other animal health products. Some of the major players in the animal genetics market include:

Zoetis Inc.: Zoetis is a leading animal health company that offers a range of animal genetics products and services. The company offers genetic testing services for both livestock and companion animals, as well as breeding and reproduction technologies and other animal health products.
Genus PLC: Genus is a leading provider of animal genetics products and services, with a focus on improving the genetics of livestock. The company offers a range of breeding and reproduction technologies, as well as genetic testing services and other animal health products.
Hendrix Genetics: Hendrix Genetics is a global animal genetics company that specializes in breeding and genetics for poultry, pigs, and aquaculture. The company offers a range of genetic improvement programs, as well as a variety of other animal genetics products and services.
Neogen Corporation: Neogen is a leading provider of animal genetics testing services, with a focus on both livestock and companion animals. The company offers a range of genetic testing products, as well as other animal health and food safety products.
Groupe Grimaud: Groupe Grimaud is a global leader in animal genetics, with a focus on avian genetics. The company offers a range of breeding and genetics programs, as well as a variety of other animal genetics products and services.

In addition to these key players, there are several smaller companies and startups that are also active in the animal genetics market. These companies are often focused on niche markets or specific technologies and are seeking to gain market share through innovation and differentiation.

Overall, the animal genetics market is expected to continue growing in the coming years, driven by increasing demand for animal products and the use of advanced technologies to improve animal genetics. The market is highly competitive, with a range of key players offering a variety of products and services. Companies that are able to stay ahead of the curve in terms of technological advancements and consumer trends are likely to be the most successful in this market.

Animal Genetics Market Intelligence

The animal genetics market is driven by several key factors, including the increasing demand for animal products, the use of advanced technologies to improve animal genetics, and the growing trend towards sustainable agriculture.

One of the major drivers of the animal genetics market is the increasing demand for animal products. As global population and income levels continue to rise, there is a growing demand for meat, dairy, and other animal products. This is driving the need for more efficient and productive animal genetics, which can help farmers and producers to meet this demand.

Another key driver of the animal genetics market is the use of advanced technologies to improve animal genetics. This includes genetic testing, breeding and reproduction technologies, and other advanced techniques that can help to identify and select animals with desirable traits. These technologies are becoming increasingly important as farmers and producers seek to improve the productivity and efficiency of their operations.

The growing trend towards sustainable agriculture is also driving demand for animal genetics products and services. As consumers become more aware of the environmental and social impacts of food production, there is a growing demand for products that are produced in an environmentally sustainable and socially responsible manner. Animal genetics can play a key role in this, by helping to produce animals that are more efficient, productive, and better adapted to their environment.

In terms of market intelligence, it is important for companies operating in the animal genetics market to stay ahead of the curve in terms of technological advancements and consumer trends. This can involve investing in research and development to develop new and innovative products and services, as well as monitoring consumer trends and preferences to ensure that products are meeting the needs of the market.

Overall, the animal genetics market is a dynamic and rapidly evolving industry, driven by a range of factors including increasing demand for animal products, the use of advanced technologies, and the trend towards sustainable agriculture. Companies that are able to stay ahead of the curve in terms of innovation and consumer trends are likely to be the most successful in this market.

Animal Genetics Market Industry Trends

The animal genetics market is evolving rapidly, driven by a range of industry trends that are shaping the future of the industry. Some of the key industry trends in the animal genetics market include:

Increasing demand for sustainable animal production: Consumers are increasingly concerned about the environmental and social impacts of animal production, and are looking for products that are produced in a more sustainable and responsible manner. This is driving demand for animal genetics products and services that can help to improve the sustainability of animal production, such as breeding programs that focus on disease resistance and feed efficiency.
Growing focus on precision breeding: As the science of genetics continues to advance, there is a growing focus on precision breeding techniques that can help to identify and select animals with desirable traits. This includes genetic testing, marker-assisted selection, and other advanced technologies that can help to improve the efficiency and effectiveness of breeding programs.
Increasing use of genomic data: Genomic data is becoming increasingly important in animal genetics, as it can provide valuable insights into the genetic makeup of animals and help to identify desirable traits. This includes the use of whole-genome sequencing, which can provide a complete picture of an animal’s genetic makeup and help to identify markers for traits such as disease resistance, feed efficiency, and meat quality.
Growing focus on companion animal genetics: While livestock genetics has traditionally been the focus of the animal genetics market, there is a growing interest in companion animal genetics as well. This includes genetic testing for breed-specific diseases and traits, as well as breeding programs that focus on improving the health and temperament of companion animals.
Increasing investment in research and development: With the animal genetics market continuing to evolve rapidly, there is a growing need for companies to invest in research and development to stay ahead of the curve. This includes investment in new technologies and techniques, as well as collaboration with academic and industry partners to drive innovation.

Overall, the animal genetics market is a dynamic and rapidly evolving industry, driven by a range of industry trends that are shaping the future of the industry. Companies that are able to stay ahead of the curve in terms of innovation and product development are likely to be the most successful in this market.

Animal Genetics Market Analysis

The animal genetics market is a rapidly growing industry that encompasses a wide range of products and services related to the genetic improvement of animals. The market is driven by a variety of factors, including increasing demand for animal products, the use of advanced technologies to improve animal genetics, and the growing trend towards sustainable agriculture.

According to recent market research reports, the global animal genetics market is projected to reach a value of over USD 7 billion by 2027, growing at a CAGR of over 7% during the forecast period. The market is segmented by animal type, product, and service.

In terms of animal type, the market is segmented into livestock and pets. The livestock segment dominates the market, accounting for a significant share of the overall market. This is driven by the increasing demand for animal products such as meat, milk, and eggs, as well as the growing trend towards sustainable agriculture.

By product type, the market is segmented into live animals, genetic material, and genetic testing services. Live animals account for the largest share of the market, followed by genetic material. This is driven by the increasing demand for breeding stock that can help to improve the productivity and efficiency of animal production.

By service type, the market is segmented into DNA typing, genetic trait testing, and other services such as genetic disease testing and parentage verification. Genetic trait testing accounts for the largest share of the market, driven by the growing use of advanced technologies such as genotyping and whole-genome sequencing.

Geographically, the animal genetics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market, followed by Europe, due to the presence of a large number of animal genetics companies in these regions and growing demand for animal products.

Overall, the animal genetics market is a dynamic and rapidly evolving industry, driven by a range of factors including increasing demand for animal products, the use of advanced technologies, and the trend towards sustainable agriculture. Companies that are able to stay ahead of the curve in terms of innovation and product development are likely to be the most successful in this market.

Animal Genetics Market Segmentation

The animal genetics market is segmented based on animal type, product, service, and geography.

Based on Animal Type: The animal genetics market is segmented into two main categories: Livestock and Pets. The livestock segment is further divided into swine, poultry, cattle, and others.
Based on Product: The animal genetics market is segmented into three main categories: Live animals, genetic material, and genetic testing services.

Live animals segment includes animals that are bred and sold for specific traits such as meat, milk, or wool production.

Genetic material includes semen, embryo, and others, which are used for artificial insemination or other breeding methods.

Genetic testing services are provided for genetic trait testing, DNA typing, and other genetic tests.

Based on Service: The animal genetics market is segmented into three main categories: DNA typing, genetic trait testing, and other services such as genetic disease testing and parentage verification.

DNA typing is the analysis of the DNA to identify the individual animal. Genetic trait testing is used to identify the genetic traits in animals. Other services include genetic disease testing and parentage verification.

Based on Geography: The animal genetics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America and Europe dominate the market, followed by Asia Pacific, Latin America, and Middle East & Africa.

Overall, the segmentation of the animal genetics market provides a comprehensive view of the market and helps in identifying the market opportunities for players. It enables players to focus on the specific segments of the market that have the potential for growth and expansion.

Animal Genetics Market Forecast

The global animal genetics market is expected to witness significant growth in the coming years, driven by various factors such as the growing demand for animal products, increasing adoption of advanced genetic technologies, and the trend towards sustainable agriculture.

According to market research reports, the global animal genetics market is expected to reach over USD 7 billion by 2027, growing at a CAGR of over 7% during the forecast period.

The livestock segment is expected to dominate the market, driven by the increasing demand for animal products such as meat, milk, and eggs. The poultry segment is expected to witness the highest growth rate during the forecast period, due to the growing demand for poultry products and the adoption of advanced genetic technologies to improve the productivity and efficiency of poultry production.

The live animals segment is expected to remain the largest product segment of the market, followed by genetic material. The genetic testing services segment is expected to witness significant growth during the forecast period, driven by the increasing use of advanced genetic technologies such as genotyping and whole-genome sequencing.

North America and Europe are expected to remain the dominant regions in the animal genetics market, due to the presence of a large number of animal genetics companies and growing demand for animal products. The Asia Pacific region is expected to witness significant growth during the forecast period, driven by the growing population and increasing demand for animal products in the region.

Overall, the animal genetics market is expected to witness significant growth in the coming years, driven by various factors such as increasing demand for animal products, adoption of advanced genetic technologies, and the trend towards sustainable agriculture. Companies that are able to stay ahead of the curve in terms of innovation and product development are likely to be the most successful in this market.

Animal Genetics Market Growth

The animal genetics market is expected to experience significant growth in the coming years due to several factors. One of the primary drivers of market growth is the increasing demand for animal products such as meat, milk, and eggs. With the global population projected to reach 9.7 billion by 2050, there is an ever-increasing demand for animal products, particularly in emerging economies.

Another factor contributing to market growth is the adoption of advanced genetic technologies. Companies in the animal genetics market are investing heavily in research and development to create new and innovative technologies to improve animal productivity and efficiency. For example, CRISPR/Cas9 gene editing technology is being used to create genetically modified animals with specific traits, such as disease resistance or improved meat quality.

Furthermore, the trend towards sustainable agriculture is also driving growth in the animal genetics market. Consumers are becoming increasingly concerned about the environmental impact of animal agriculture, and as a result, there is a growing demand for more sustainable and eco-friendly methods of animal production. Genetic technologies can help to achieve this by improving animal health and reducing the need for antibiotics and other drugs.

In addition, increasing government support for animal genetics research is also expected to drive market growth. Governments around the world are recognizing the importance of animal genetics in meeting the growing demand for animal products, and are investing in research and development to support the industry.

Overall, with the increasing demand for animal products, adoption of advanced genetic technologies, trend towards sustainable agriculture, and government support, the animal genetics market is poised for significant growth in the coming years.

Animal Genetics Market Competitor Analysis

The animal genetics market is highly competitive, with several players operating in the market. Some of the major players in the market include:

Genus plc – A leading provider of animal genetics and breeding services, with a focus on improving the quality and efficiency of animal production.
Topigs Norsvin – A company that specializes in pig genetics and breeding, offering a wide range of products and services to farmers and producers.
CRV Holding – A company that provides genetic solutions for dairy and beef cattle, with a focus on improving animal health and productivity.
Zoetis – A global animal health company that offers a wide range of products and services, including genetic testing and breeding services.
Neogen Corporation – A company that provides genetic testing and other services to the animal genetics market, with a focus on improving animal health and productivity.
Hendrix Genetics – A company that specializes in poultry, swine, and aquaculture genetics, offering a range of products and services to improve animal health and productivity.
Groupe Grimaud – A company that provides animal genetics and breeding services, with a focus on poultry, swine, and aquaculture.
Envigo – A company that provides research models and services to the animal genetics market, with a focus on improving animal health and productivity.

Overall, the animal genetics market is highly competitive, with several players operating in the market. The major players in the market are focusing on innovation and product development to stay ahead of the competition, and are investing heavily in research and development to create new and innovative technologies to improve animal health and productivity. With the increasing demand for animal products and the trend towards sustainable agriculture, the animal genetics market is expected to remain highly competitive in the coming years.

Animal Genetics Market Strengths

The animal genetics market has several strengths that contribute to its growth and success, including:

Growing demand for animal products: With the global population expected to reach 9.7 billion by 2050, there is an ever-increasing demand for animal products such as meat, milk, and eggs. This growing demand for animal products is driving growth in the animal genetics market.
Adoption of advanced genetic technologies: Companies in the animal genetics market are investing heavily in research and development to create new and innovative technologies to improve animal productivity and efficiency. Advanced genetic technologies such as CRISPR/Cas9 gene editing are being used to create genetically modified animals with specific traits, such as disease resistance or improved meat quality.
Trend towards sustainable agriculture: The trend towards sustainable agriculture is driving growth in the animal genetics market. Consumers are becoming increasingly concerned about the environmental impact of animal agriculture, and as a result, there is a growing demand for more sustainable and eco-friendly methods of animal production. Genetic technologies can help to achieve this by improving animal health and reducing the need for antibiotics and other drugs.
Government support: Governments around the world are recognizing the importance of animal genetics in meeting the growing demand for animal products and are investing in research and development to support the industry. This government support is helping to drive growth in the animal genetics market.
Diverse range of products and services: The animal genetics market offers a diverse range of products and services, including genetic testing, breeding, and research models. This diversity of products and services helps to attract a wide range of customers and contributes to the growth of the market.

Overall, the animal genetics market has several strengths that are driving its growth and success. These strengths include the growing demand for animal products, adoption of advanced genetic technologies, trend towards sustainable agriculture, government support, and diverse range of products and services.

Animal Genetics Market Opportunities

The animal genetics market offers several opportunities for growth and development, including:

Emerging markets: The animal genetics market has significant growth opportunities in emerging markets such as Asia-Pacific, Latin America, and the Middle East. These markets have a growing demand for animal products and are investing in animal genetics to improve productivity and efficiency.
Precision breeding: The use of precision breeding technologies such as genomic selection and marker-assisted selection is expected to drive growth in the animal genetics market. These technologies enable breeders to select animals with specific traits such as disease resistance, growth rate, and meat quality, resulting in more efficient and sustainable animal production.
Genomic testing: The use of genomic testing to identify genetic defects and disease resistance in animals is expected to drive growth in the animal genetics market. Genomic testing allows breeders to select animals with desirable traits and reduce the risk of genetic diseases.
Companion animal genetics: The companion animal genetics market offers significant growth opportunities, with increasing demand for genetic testing and breeding services for dogs, cats, and other pets. This market is expected to grow as pet owners become more aware of the importance of genetic testing and breeding for the health and well-being of their pets.
Gene editing: The use of gene editing technologies such as CRISPR/Cas9 is expected to revolutionize the animal genetics market by enabling breeders to create animals with specific traits, such as disease resistance or improved meat quality. Gene editing technologies have the potential to transform animal agriculture and create new growth opportunities in the animal genetics market.

Overall, the animal genetics market offers several opportunities for growth and development, including emerging markets, precision breeding, genomic testing, companion animal genetics, and gene editing technologies. Companies in the animal genetics market that can successfully capitalize on these opportunities are likely to experience significant growth and success in the coming years.

Animal Genetics Market Weakness

The animal genetics market faces several weaknesses and challenges, including:

Regulatory hurdles: The animal genetics market is subject to strict regulations and approval processes, which can slow down the development and commercialization of new genetic technologies and products. These regulatory hurdles can be a barrier to entry for smaller companies and startups in the industry.
Ethical concerns: There are ethical concerns surrounding the use of genetic technologies in animal agriculture, particularly in regards to gene editing and genetically modified animals. Some consumers and advocacy groups have raised concerns about the welfare and well-being of genetically modified animals, which could impact the adoption of these technologies in the industry.
Limited genetic diversity: The animal genetics market is heavily reliant on a small number of highly productive breeds, which can lead to limited genetic diversity and increased susceptibility to disease and other health issues. This limited genetic diversity could impact the long-term sustainability of animal agriculture and the animal genetics market.
Cost and access to technology: The adoption of advanced genetic technologies such as gene editing and genomic selection can be expensive, limiting access to these technologies for smaller producers and farmers. The cost of genetic testing and other services can also be a barrier to entry for some customers in the animal genetics market.
Competition and consolidation: The animal genetics market is highly competitive, with a small number of large companies dominating the industry. This consolidation could limit opportunities for smaller companies and startups to enter the market and compete with larger, established players.

Overall, the animal genetics market faces several weaknesses and challenges, including regulatory hurdles, ethical concerns, limited genetic diversity, cost and access to technology, and competition and consolidation. Companies in the animal genetics market that can successfully address these challenges are likely to experience long-term growth and success.

Animal Genetics Market Threats

The animal genetics market faces several threats that could impact its growth and profitability, including:

Disease outbreaks: Disease outbreaks such as avian influenza, foot-and-mouth disease, and African swine fever can have a significant impact on animal genetics markets. These outbreaks can lead to the culling of animals, reduced demand for animal products, and increased production costs, which can impact the animal genetics market.
Climate change: Climate change can impact animal genetics markets by increasing the frequency and severity of extreme weather events such as droughts, floods, and heatwaves. These events can lead to reduced productivity, increased disease risk, and higher production costs for farmers and producers, which can impact the demand for animal genetics products and services.
Animal welfare concerns: Animal welfare concerns such as animal rights activism and consumer preferences for ethical and sustainable animal products can impact the animal genetics market. These concerns can lead to increased scrutiny of animal agriculture practices, increased regulation, and changes in consumer demand for animal products, which could impact the adoption of genetic technologies in animal agriculture.
Political and economic instability: Political and economic instability in key markets can impact the animal genetics market by disrupting trade and investment, reducing demand for animal products, and increasing production costs. This instability can be caused by factors such as changes in government policy, economic recession, and geopolitical tensions.
Technological disruption: The animal genetics market is subject to technological disruption from emerging technologies such as cultured meat and plant-based alternatives. These technologies could reduce the demand for animal products, which could impact the animal genetics market.

Overall, the animal genetics market faces several threats that could impact its growth and profitability, including disease outbreaks, climate change, animal welfare concerns, political and economic instability, and technological disruption. Companies in the animal genetics market that can effectively manage these threats are likely to experience long-term growth and success.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Market Insight Lab journalist was involved in the writing and production of this article.