The animal genetics market witnessed healthy growth during the last decade, primarily attributed to the increasing animal protein consumption and increasingly urban global population. To cater to the rising demand of animal proteins, farmers are increasingly adopting advanced genetic technologies for larger-scale production and quality breeds. In addition, 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 further driving this market. However, stringent regulations regarding animal genetic engineering, expensive and time-consuming R&D activities, high cost of animal testing, and insufficient number of skilled professionals in animal genetics are restraining the growth of this market during the forecast period.

Browse 189 market data Tables and 36 Figures spread through 205 Pages and in-depth TOC on "Animal Genetics Market

http://www.marketsandmarkets.com/Market-Reports/animal-genetic-market-12462093.html
Early buyers will receive 10% customization on reports.

Download PDF brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=12462093

In this report, the animal genetics market has been segmented on the basis of product, testing service, and region. Based on the type of product, the market is segmented into live animals and genetic materials. The live animals segment is further categorized into canine, poultry, porcine, bovine, and others; while, the genetic materials segment is divided into semen and embryo. The semen segment is further divided into bovine semen, porcine semen, canine semen, equine semen, and others; while, the embryo segment is divided into bovine embryo, equine embryo, and others.

Request sample of this report@ http://www.marketsandmarkets.com/requestsample.asp?id=12462093

Major players in the global animal genetics market are Genus Plc (U.K.), Topigs (Netherlands), Envigo (U.S.), CRV Holding B.V. (Netherlands), Hendrix Genetics BV (Netherlands), Groupe Grimaud (France), Neogen Corporation (U.S.), Alta Genetics (Canada), VetGen (U.S.), Zoetis, Inc. (U.S.), and Animal Genetics, Inc. (U.S.).

Europe represented the largest regional market in 2015, followed by North America, Asia-Pacific, and the RoW. However, Asia-Pacific is the fastest-growing region for the animal genetics market, primarily due to the increasing population, rapid urbanization, and rising demand of animal products in this region. Increasing awareness of animal welfare in developing countries and development of cutting-edge technologies in animal genetic testing are further propelling market growth in this region.