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Animal Genetics Industry Insights, 2019-2024 – Existing & Emerging Technologies, Supply Chain Analysis, Profitability by Region

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Dublin, March 31, 2020 (GLOBE NEWSWIRE) — The “Global Animal Genetics Market: Focus on Solutions (Products and Services), Product Type (Live Animals and Genetic Materials), and Industry Analysis (Industry Profitability, Supply Chain Analysis and Trait Analysis) – Analysis and Forecast, 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
According to this market intelligence report, the animal genetics market is expected to reach $8.89 billion by 2024, growing at a significant CAGR of 6.24% during the forecast period 2019-2024.Increasing consumption of animal-derived protein, a growing population, rapid urbanization, and extensive adoption of genetic services to overcome genetic diseases in animals, coupled with increased adoption of genetic technologies, are some of the factors driving the growth of the animal genetics market.Supported by increasing investments and technological developments, companies across the globe are also working on creating genetically modified animals with beneficial characteristics, which can help in producing higher quality meat and milk in a more efficient and sustainable manner.Key Questions AnsweredWhat is the global animal genetics market size in terms of revenue, and what is the expected growth rate during the forecast period 2019-2024?What are the traditional and emerging technologies in the animal genetics market?What does the industry profitability by region in the animal genetics market signify?What is the supply chain analysis of the animal genetics market?What is the expected growth and market size for the animal genetics market based on different solutions?What is the revenue generated by animal genetics in different product types such as live animals and genetic materials at a global and regional level?What is the market size and opportunities of the animal genetics market across different regions?What are the major forces that are expected to increase the demand for the global animal genetics market during the forecast period?What are the key trends and opportunities in the market pertaining to global animal genetics?What are the major challenges inhibiting the growth of the global animal genetics market?What is the competitive strength of the key players in the animal genetics market on the basis of the analysis of their recent developments, product offerings, and regional presence?Key Topics Covered
Executive Summary1 Market Dynamics
1.1 Market Drivers
1.1.1 Rising Demand for Animals with Uniform Traits
1.1.2 Increasing Need for Global Food Security
1.1.3 Requirement of Advanced Technologies to Ease Animal Agriculture
1.2 Market Restraints
1.2.1 Consolidating Genetics Industry Limiting the Potential of Small Business Operations
1.2.2 Reducing Livestock Biodiversity Hampering the Growth of Livestock Genetics
1.3 Market Opportunities
1.3.1 Scope of Expansion in Developing Regions
1.3.2 Exploring Market Potential for Innovative Phenotypes
1.3.3 Integrating Big Data Tools and Infrastructure for Animal Agriculture
For more information about this report visit https://www.researchandmarkets.com/r/gy8dfuResearch and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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