Denmark Animal Genetics Market Size & Outlook, 2023-2030
Denmark animal genetics market, 2018-2030 (US$M)
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Denmark animal genetics market highlights
- The Denmark animal genetics market generated a revenue of USD 76.1 million in 2023 and is expected to reach USD 116.0 million by 2030.
- The Denmark market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, assistive reproduction technologies was the largest revenue generating type in 2023.
- Genomic/ Genetic Testing is the most lucrative type segment registering the fastest growth during the forecast period.
Animal genetics market data book summary
| Market revenue in 2023 | USD 76.1 million |
| Market revenue in 2030 | USD 116.0 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Assistive reproduction technologies |
| Fastest growing segment | Genomic/ Genetic Testing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Assistive Reproduction Technologies, Live Animals, Genomic/ Genetic Testing |
| Key market players worldwide | Neogen Corp, Sharp Corp, Zoetis, Genus PLC, Genetics Australia, Hendrix Genetics, URUS Group, CRV, Swine Genetics International, STgenetics, Animal Genetics, Semex Alliance |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.3% of the global animal genetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany animal genetics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 367.1 million by 2030.
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Animal Genetics Market Scope
Animal Genetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Denmark animal genetics 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 genetics market will help companies and investors design strategic landscapes.
Assistive reproduction technologies was the largest segment with a revenue share of 49.01% in 2023. Horizon Databook has segmented the Denmark animal genetics market based on assistive reproduction technologies, live animals, genomic/ genetic testing covering the revenue growth of each sub-segment from 2018 to 2030.
According to Poultry site, in November 2016 the Danish poultry market suffered a blow due to the birds being infected with avian flu. This resulted in the implementation of trade restrictions from countries such as Japan, Mexico, Singapore and Hong Kong. The ministry of Denmark issued a quarantine period for the same.
This is anticipated to increase the demand for poultry diagnostic kits in this country, as export of poultry in this country is halted. The export of poultry served as a major economic trade driver for the country.
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Our clientele includes a mix of animal genetics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark animal genetics market , including forecasts for subscribers. This country databook contains high-level insights into Denmark animal genetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark animal genetics market size, by type, 2018-2030 (US$M)
Denmark Animal Genetics Market Outlook Share, 2023 & 2030 (US$M)
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