Bovine Genetics Market Breakdown By Size, Share, Growth, Trends, and Industry Analysis, Envisions 6.7% CAGR Surge Up to

How big is the Global Bovine Genetics market?

According to MarkNtel Advisors study, the Global Bovine Genetics market is projected to grow at a CAGR of around 6.7% during the forecast period, i.e., 2023-28.

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Key Driver: Relentless Investment Toward Identification of Superior Disease-Resistant Breed

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.

Moreover, almost a billion people count on livestock and animals for their food security and livelihoods, and livestock and animals account for roughly one-third of worldwide agricultural output. Therefore, studying animal genetics to determine and produce disease-resistant breeds is paramount for the growing population.

Leading Companies in the Global Bovine Genetics market:

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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Global Bovine Genetics Market Segmentation:

By Bovine Type

Cattle
Buffalo
Others (Bison, Hybrids, etc.)

By Genetic Material

Semen
Embryo

Here, Embryos are foreseen to acquire a sizable share of the Global Bovine Genetics Market in the projected time frame.

By Genetic Testing Service Type

DNA Typing
Genetic Trait Test
Genetic Disease Type

Regional/ Countries Insight:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Here, Asia Pacific is expected to dominate the Global Bovine Market with the fastest growth rate exhibited by the region in the historical period.

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