Kuwait Animal Genetics Market Size & Outlook, 2023-2030

The animal genetics market in Kuwait is expected to reach a projected revenue of US$ 2.7 million by 2030. A compound annual growth rate of 7.5% is expected of Kuwait animal genetics market from 2024 to 2030.

Revenue, 2023 (US$M)
$1.6
Forecast, 2030 (US$M)
$2.7
CAGR, 2024 - 2030
7.8%
Report Coverage
Kuwait

Kuwait animal genetics market highlights

  • The Kuwait animal genetics market generated a revenue of USD 1.6 million in 2023 and is expected to reach USD 2.7 million by 2030.
  • The Kuwait market is expected to grow at a CAGR of 7.5% 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 2023USD 1.6 million
Market revenue in 2030USD 2.7 million
Growth rate7.5% (CAGR from 2023 to 2030)
Largest segmentAssistive reproduction technologies
Fastest growing segmentGenomic/ Genetic Testing
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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

  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa animal genetics market is projected to lead the regional market in terms of revenue in 2030.
  • Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.7 million by 2030.

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Animal Genetics Market Companies

Name Profile # Employees HQ Website

Kuwait 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 50% in 2023. Horizon Databook has segmented the Kuwait 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.


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Target buyers of Kuwait 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.).
  • 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 country-level data and insights on the Kuwait animal genetics market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait animal genetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Kuwait animal genetics market size, by type, 2018-2030 (US$M)

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

Kuwait animal genetics market size, by type, 2018-2030 (US$M)

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