North America Animal Genetics Market Size & Outlook
North America animal genetics market, 2018-2030 (US$M)
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North America animal genetics market highlights
- The North America animal genetics market generated a revenue of USD 1,897.3 million in 2023.
- The market is expected to grow at a CAGR of 5.6% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,897.3 million |
| Market revenue in 2030 | USD 2,785.2 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Assistive reproduction technologies |
| Fastest growing segment | Genomic/ Genetic Testing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 31.2% 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 Scope
Animal Genetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 49.52% in 2023. Horizon Databook has segmented the North America 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.
This region held about 35.7% market share for poultry diagnostics globally, in 2016. The countries in this region such as the U.S. and Canada are the largest consumers of poultry, globally. Hence, poultry diagnostics is of utmost importance in this region.
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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 continent-level data and insights on the North America animal genetics market , including forecasts for subscribers. This continent databook contains high-level insights into North America animal genetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America animal genetics market size, by country, 2018-2030 (US$M)
North America Animal Genetics Market Outlook Share, 2023 & 2030 (US$M)
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