North America Animal Genetics Market

North America Animal Genetics Market Size (2023 to 2032)

The North America Animal Genetics Market was valued at USD 1.33  billion in 2023. The North America Animal Genetics Market is expected to have 7.1 % CAGR from 2024 to 2032 and be worth USD 2.47 billion by 2032 from USD 1.42 billion in 2024.  

Animal genetics is a branch of genetics that involves studying inheritance and genetic variation, primarily in domestic and wild animals. It is based on heredity's general principles and covers gene expression, animal breeding, and physical trait genetics such as coat color.

The major factors driving the market are a rise in animal-derived protein consumption and the rising urban population demanding meat products. To meet these demands, farmers are resorting to advanced genetic technology to achieve large-scale production. Growing awareness about veterinary genetic diseases and disorders; increase in the population of livestock animals, especially in emerging markets; implementation of animal welfare acts in developed countries; and development of cutting-edge technologies in animal genetic testing are also contributing to the growth of this market.

Strict regulations about animal genetic engineering, costly R&D projects, and a lack of skilled professionals are restraining the development of the North American animal genetics market.

This research report on the North American animal genetics market has been segmented and sub-segmented into the following categories

North America Animal Genetics Market - By Animal Genetic Product

• Live Animals

  • Poultry

  • Porcine
  • Canine
  • Bovines
  • Other Animals
• Genetic Material
  • Semen
    • Bovine semen
    • Porcine semen
    • Canine semen
    • Equine semen
    • other animals
  • Embryos
    • Bovine embryo
    • Equine embryo
    • Other animals

North America Animal Genetics Market - By Testing Service

• DNA Typing

• Genetic Trait Tests

• Genetic Disease Tests

North America Animal Genetics Market - By Country 

• The United States

• Canada

• Rest of North America

Geographically, the North American animal genetics market held the largest share in the global market in 2023 and is forecasted to continue the dominance throughout the forecast period due to the presence of an excellent animal health care base, increasing trend of pet ownership, strong regional economies, and a greater focus on disease prevention and wellness by veterinarians and pet owners. In addition, the health care expenditure in the U.S. has also increased considerably over the past few years.

KEY MARKET PLAYERS

A few promising companies operating in the North American animal genetics market profiled in this report are Genus Plc, Hendrix Genetics BV, Alta Genetics, CRV Holding B.V., Neogen Corporation, VetGen, Animal Genetics Inc., and Zoetis.