Report Overview:
The following report titled “Bovine Genetics Market: By Bovine Type (Cattle, Buffalo, Others (Bison, Hybrids, etc.)), By Genetic Material (Semen, Embryo) and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Bovine Genetics Market Summary
The Global Bovine Genetics Market is projected to grow at a CAGR of around 6.7% during the forecast period, i.e., 2023-28. The market is primarily driven by a swiftly augmented demand for meat and dairy products stemming from the rising population. The growing consumer affinity for animal-derived food products to meet nutritional requirements has led to selective breeding and the large-scale raising of livestock. It can be substantiated by the fact, that animal-based foods are enriched with various nutrients, including fat, riboflavin, iron, zinc, calcium, and vitamins A, B, D, and E, and facilitates proper body growth. Besides, the market is getting bigger due to the hassle-free accessibility of animal-based food products across both online and offline distribution channels, as well as a variety of facilities like doorstep delivery, attractive discounts, and secure payment gateways.
Report Coverage & Details
- Forecast Period: 2023–2028
- Base Year: 2022
- CAGR: 6.7%
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Bovine Genetics Market Driver:
The market has been swiftly stimulated by the relentless investment made by the government and the healthcare giants in order to identify superior disease-resistant breeds. In fact, scientists have discovered features inside genes that regulate the health, growth, and nutrition intake of animals. These genetic discoveries are likely to accelerate market revenue while positively influencing the environment.
Segmentation Analysis: Bovine Genetics Market
By Bovine Type
o Cattle
o Buffalo
o Others (Bison, Hybrids, etc.)
By Genetic Material
o Semen
o Embryo
By Genetic Testing Service Type
o DNA Typing
o Genetic Trait Test
o Genetic Disease Type
By Region
o North America
o South America
o Europe
o Middle East & Africa
o Asia-Pacific
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Leading Players Analysis: Bovine Genetics Market
The report provides detailed analysis of key players in the Bovine Genetics market, highlighting their strategies and competitive scenario.
- ABS Global
- Zoetis Services LLC
- Neogen Corporation
- CRV Holding B.V.
- Trans Ova Genetics
- Cogent
- Genus plc
- Envigo
- Tropical Bovine Genetics
- Semex
- Viking Genetics
- Others
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- Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
- Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.
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