Ramkumarss24 Aug, 2023Business
Animal Genetics Market size is valued at USD 7,531.8 million in 2022 and is poised to grow at a significant CAGR of 5.1% during the forecast period 2023-2029. The global market provides a detailed overview of the animal genetics market and that can be segmented by live animal, material and service. By live animal, the animal genetics market has been segmented into porcine, bovine, poultry, canine, and others. The porcine segment is likely to be the largest and fastest-growing segment in terms of live animals. Based on material, the animal genetics market is segmented into embryos and semen. Among these, the embryo segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of service, the market is segregated into genetic trait tests, genetic diseases tests and DNA typing. The genetic trait test segment held a considerable market share during the forecast period.
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