Global Animal Biotechnology Market Size & Outlook

The animal biotechnology industry worldwide is expected to reach a projected revenue of US$ 49,023.6 million by 2030. A compound annual growth rate of 9.5% is expected of the worldwide animal biotechnology industry from 2023 to 2030.
Revenue, 2022 (US$M)
$23,694.5
Forecast, 2030 (US$M)
$49,023.6
CAGR, 2023 - 2030
9.5%
Report Coverage
Worldwide

Global animal biotechnology market, 2018-2030 (US$M)

Global animal biotechnology market highlights

  • The global animal biotechnology market generated a revenue of USD 23,694.5 million in 2022 and is expected to reach USD 49,023.6 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 9.5% by 2030.
  • In terms of segment, diagnostics tests accounted for a revenue of USD 23,694.5 million in 2022.
  • Diagnostics Tests is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.

Global data book summary

Market revenue in 2022USD 23,694.5 million
Market revenue in 2030USD 49,023.6 million
Growth rate9.5% (CAGR from 2022 to 2030)
Largest segmentDiagnostics tests
Fastest growing segmentDiagnostics Tests
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiagnostics Tests

Other key industry trends

  • In terms of revenue, the North America accounted for 35.6% of the global animal biotechnology market in 2022.

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Animal Biotechnology Market Scope

Animal biotechnology market segmentation & scope
Diagnostics Tests
Vaccines
Drugs
Reproductive And Genetic
Feed Additives
Application
Diagnosis of Animal Diseases
Treatment of Animal Diseases
Preventive Care of Animals
Drug Development
Others
Animal Type
Livestock
Poultry
Swine
Cattle
Sheep & Goats
Fish
Companion
Dogs
Cats
Horses
Others
End Use
Laboratories
Point-of-care testing/In-house testing
Veterinary Hospitals & Clinics
Others

Animal Biotechnology Market Companies

Name Profile # Employees HQ Website

Global animal biotechnology market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to animal biotechnology market will help companies and investors design strategic landscapes.


Diagnostics tests was the largest segment with a revenue share of 100% in 2022. Horizon Databook has segmented the Global animal biotechnology market based on diagnostics tests covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Animal Biotechnology Product Outlook (Revenue, USD Million, 2018-2030)
    • Diagnostics Tests
    • Vaccines
    • Drugs
    • Reproductive And Genetic
    • Feed Additives
  • Global Animal Biotechnology Application Outlook (Revenue, USD Million, 2018-2030)
    • Diagnosis of Animal Diseases
    • Treatment of Animal Diseases
    • Preventive Care of Animals
    • Drug Development
    • Others
  • Global Animal Biotechnology Animal Type Outlook (Revenue, USD Million, 2018-2030)
    • Livestock
      • Poultry
      • Swine
      • Cattle
      • Sheep & Goats
      • Fish
    • Companion
      • Dogs
      • Cats
      • Horses
      • Others
  • Global Animal Biotechnology End Use Outlook (Revenue, USD Million, 2018-2030)
    • Laboratories
    • Point-of-care testing/In-house testing
    • Veterinary Hospitals & Clinics
    • Others

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Target buyers of Global animal biotechnology market databook

  • Our clientele includes a mix of animal biotechnology market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global animal biotechnology market, including forecasts for subscribers. This global databook contains high-level insights into Global animal biotechnology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global animal biotechnology market report size, by regions, 2018-2030 (US$M)

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