Europe Animal Genetics Market Size & Outlook, 2023-2030

The animal genetics market in Europe is expected to reach a projected revenue of US$ 2,436.1 million by 2030. A compound annual growth rate of 5.8% is expected of Europe animal genetics market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,637.8
Forecast, 2030 (US$M)
$2,436.1
CAGR, 2024 - 2030
5.8%
Report Coverage
Europe

Europe animal genetics market highlights

  • The Europe animal genetics market generated a revenue of USD 1,637.8 million in 2023.
  • The market is expected to grow at a CAGR of 5.8% 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.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,637.8 million
Market revenue in 2030USD 2,436.1 million
Growth rate5.8% (CAGR from 2023 to 2030)
Largest segmentAssistive reproduction technologies
Fastest growing segmentGenomic/ Genetic Testing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAssistive Reproduction Technologies, Live Animals, Genomic/ Genetic Testing
Key market players worldwideNeogen 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, Europe region accounted for 26.9% of the global animal genetics market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,449.1 million by 2030.

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Animal Genetics Market Companies

Name Profile # Employees HQ Website

Europe 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 49.37% in 2023. Horizon Databook has segmented the Europe 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, it is estimated that the poultry production rate is expected to reach 36.3 kg per person by 2023. This increase can be attributed to increasing exports and increase in demand from countries in the Middle East. The top five poultry producers in Europe are Netherlands, Germany, Italy, France and UK.

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Target buyers of Europe animal genetics market databook

  • Our clientele includes a mix of animal genetics 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe animal genetics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe animal genetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe animal genetics market size, by country, 2018-2030 (US$M)

Europe Animal Genetics Market Outlook Share, 2023 & 2030 (US$M)

Europe animal genetics market size, by country, 2018-2030 (US$M)

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