Animal Genetics Market Archives - Daily Investor Hub

The market is being driven by rising demand for animal protein, growing interest in sustainable agriculture methods, advances in genetic technology, and a favorable regulatory environment. Animal genetics is a branch of biology that investigates genes, inheritance, and diversity in nonhuman animals. It covers a wide range of topics, such as how traits are passed down from generation to generation, the genetic basis of animal diseases and disorders, and the use of genetic principles in breeding programs to improve desired traits in livestock, pets, and other animals. Important areas of study and application in animal genetics include: Molecular genetics is the study of gene structure and function, including DNA sequencing, gene expression, and inheritance processes. Quantitative genetics examines the genetic foundation of complex characteristics including growth rate, milk production, and disease resistance, impacted by several genes and environmental variables. Genomic Selection: Breeders may use genomic information to anticipate an animal's genetic merit for different traits, leading to better educated breeding decisions. Population Genetics: Investigating the genetic makeup of animal populations, including patterns of diversity, gene flow, and evolution. Genetic engineering involves manipulating an animal's genetic composition using procedures like gene editing to introduce desired features or eradicate unwanted ones. To know more about the research report, fill out a quick inquiry for a sample report: https://meditechinsights.com/animal-genetics-market/request-sample/ Benefits of Genetic Engineering in Animal Production: Increased Disease Resistance, Productivity, and Health Advances in genetic engineering and biotechnology have transformed the animal genetics business, resulting in tremendous growth and innovation. The use of genetic engineering in animal agriculture has several practical advantages. One notable advantage is the development of transgenic animals with improved disease resistance, which adds to healthier livestock herds while reducing the need for substantial antibiotic usage. Furthermore, genetic engineering approaches help to increase animal production by selecting changing features such as growth rate, milk yield, and meat quality. These developments are critical in treating genetic abnormalities in animals, providing prospective treatments for hereditary problems that jeopardize their health and wellbeing. For instance, In August 2023, Neogen Corporation unveiled a comprehensive array of new genetic tests within its Paw Print Genetics and Canine HealthCheck solutions, allowing for the identification of genetic sequences linked to various diseases and traits, offering crucial insights into a dog's genetic makeup. With a commitment to enhancing canine health, Paw Print Genetics has introduced 49 new tests, expanding its complete testing portfolio to nearly 350 breed-specific tests Genetic engineering also aids in the creation of vaccines by creating genetically engineered organisms capable of generating particular antigens, resulting in novel ways to disease prevention in cattle. The rising worldwide need for animal protein products, along with growing concerns about food safety and security, has fueled investments in genetic modification initiatives aimed at satisfying these changing demands. Government measures encouraging sustainable agriculture and animal welfare standards have accelerated the use of modern genetic technology in livestock production, hence propelling the animal genetics sector. Introducing Opportunities and Trends in the Animal Genetics Market. The animal genetics market is defined by a number of key opportunities and trends that are affecting its evolution and growth trajectory. One big possibility is the rising use of genomic selection and precision breeding techniques, which provide more precise and efficient methods of improving desired characteristics in cattle. This trend is being driven by rising demand for high-quality animal products and the need to address global food security concerns. Furthermore, advances in gene editing technologies, such as CRISPR-Cas9, offer a viable route for targeted genetic alterations in cattle breeding programs, resulting in increased disease resistance, productivity, and sustainability. Moreover, the rising consumer awareness regarding the health and nutritional benefits of genetically improved animal products is driving demand and creating opportunities for market expansion. Furthermore, the integration of artificial intelligence and big data analytics in genetic research and breeding programs is revolutionizing the industry by enabling more precise trait prediction and selection methodologies, thereby driving innovation and growth in the animal genetics market. Overall, these driving opportunities and trends underscore the dynamic nature of the animal genetics market and its potential for continued advancement and development. For instance In October 2022, Embark Veterinary, Inc. launched its pioneering Age Test, a revolutionary product within the dog DNA industry, applying a unique Embark-designed algorithm anchored in the study of epigenetics to determine a dog's age by examining how external variables may have altered gene expression. North America dominates the global market for animal genetics. However, the market dynamics and development determinants varies significantly among regions. In North America, significant investment in R&D, along with modern healthcare infrastructure, promotes market expansion. The region has a huge customer base with a strong demand for luxury animal products, which encourages the use of innovative genetics technology. Market trends in Europe are shaped by tight rules and ethical considerations, with a significant focus on sustainability and animal welfare driving innovation. Asia Pacific exhibits rapid market expansion, fueled by rising urbanization and growing awareness of the benefits of genetic technologies in livestock farming. Emerging economies in the region, such as China and India, present lucrative opportunities for market players due to their large agricultural sectors and evolving regulatory frameworks. Meanwhile, in Latin America and the Middle East & Africa, market growth is influenced by factors such as government initiatives to enhance food security, improving livestock productivity, and increasing investments in animal healthcare infrastructure. Competitive Landscape Analysis of Animal Genetics Market Some key players in the autoinjectors market are Neogen Corporation, Genus Plc, URUS Group LP, EW Group Gmbh, Topigs Norsvin B.V, Zoetis Inc, Envigo, CRV Holding B.V., Hendrix Genetics B.V., Groupe Grimaud, Animal Genetics Inc., and Alta Genetics among others. Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in the Animal Genetics Market Players operating in this market are adopting organic and inorganic growth strategies such as launching new products, acquiring related firms, and entering into collaborations to garner higher market share. For instance, In January 2023, VAS partnered with Zoetis to integrate genomic data from the CLARIFIDE® brands into the PULSE Platform and DairyComp herd management software, streamlining herd management by consolidating genomic and herd data in a single platform In May 2022, Neogen Corporation and Gencove introduced InfiniSEEK, a budget-friendly option for genome sequencing and targeted analysis of Single Nucleotide Polymorphisms (SNPs). InfiniSEEK can handle over 400 genetic traits and conditions specific to bovines The Animal Genetics Market is expected to grow further in the coming years as a result of rising demand for high-quality animal products, increased adoption of advanced breeding technologies, the need for sustainable livestock production, and aggressive organic and inorganic growth strategies adopted by market participants. Get Detailed Insights on Animal Genetics Market @ https://meditechinsights.com/animal-genetics-market/ About Medi-Tech Insights Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have successfully completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services. Contact: Ruta Halde Associate, Medi-Tech Insights +32 498 86 80 79 info@meditechinsights.com

Tag: Animal Genetics Market

The Animal Genetics Market Driven by Innovation: Projected to Experience a 6-7% CAGR Between 2023 and 2028.

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