Phenotype selection is a modern approach in animal genetics, which is expected to offer considerable opportunities in the market by providing successful tools for the long-term improvement of livestock efficiency. Rapid genetic selection through these services is expected to improve the quality of dairy cattle as well as animals that are rich sources of proteins. Phenotyping of animals can also improve animal efficiency in terms of health and body resilience to be minimally affected by environmental disturbances. Automated high-throughput phenotyping with sensors, imaging, and other on-farm technologies has generated huge amounts of largely utilized data for research purposes. In the future, sequencing and other genomics technology will also facilitate the ability for deep phenotyping of livestock at the molecular level. Services such as data science and training services needed to manage, record, and analyze data to generate knowledge and advances in animal genetics and related disciplines have considerable prospects in the future. Market players in the animal genetics market have adopted several strategies to adopt these innovative phenotyping services. In July 2020, Vytelle IVF and GrowSafe Systems Ltd partnered to accelerate genetic advances in bovine biotechnology. The companies will operate together to produce high-quality protein with sustainability and offer profit potential for cattle producers. These companies also offer phenotyping services to fast forward generational advances in animal genetics. Thus, such advances in phenotyping services will bring significant opportunities for players in the animal genetics market. Further, evolution in genetics has enabled the use of CRISPR-Cas-based tools, transcription-activating nuclease (TALEN), and zinc finger nucleases (ZFN), offering wider growth opportunities for market growth. These technologies will allow the selection of animals based on their genomics and help understand animal biology properly. Thus, these benefits are anticipated to expand the animal genetic practice and foster market growth in the coming years.
The UAE, Saudi Arabia, and South Africa are the three major countries in the Middle East & Africa. The animal genetics market in the Middle East is driven by the factors such as growing demand for high quality animal meat and meat products, increasing support by governments for animal genetics, and burgeoning research activities in animal breeding.
Middle East & Africa Animal Genetics Market Segmentation
The Middle East & Africa animal genetics market is segmented based on type, animal, genetic material, and country. Based on type, the Middle East & Africa animal genetics market is bifurcated into services and product. The services segment held a larger market share in 2022.
Based on animal, the Middle East & Africa animal genetics market is segmented into porcine, poultry, bovine, canine, and others. The porcine segment held the largest market share in 2022.
Based on genetic material, the Middle East & Africa animal genetics market is bifurcated into embryo and semen. The embryo segment held a larger market share in 2022.
Based on country, the Middle East & Africa animal genetics market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa animal genetics market share in 2022.
Neogen Corp, Genus Plc, Topigs Norsvin Nederland B.V, Zoetis Inc, Hendrix Genetics B.V, Inotiv Inc, Alta Genetics Inc, GROUPE GRIMAUD LA CORBIERE, and Charles River Laboratories International Inc are some of the leading companies operating in the Middle East & Africa animal genetics market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 249.11 Million |
| Market Size by 2028 | US$ 336.85 Million |
| CAGR (2022 - 2028) | 5.2% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East & Africa Animal Genetics Market is valued at US$ 249.11 Million in 2022, it is projected to reach US$ 336.85 Million by 2028.
As per our report Middle East & Africa Animal Genetics Market, the market size is valued at US$ 249.11 Million in 2022, projecting it to reach US$ 336.85 Million by 2028. This translates to a CAGR of approximately 5.2% during the forecast period.
The Middle East & Africa Animal Genetics Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Animal Genetics Market report:
The Middle East & Africa Animal Genetics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Animal Genetics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Animal Genetics Market value chain can benefit from the information contained in a comprehensive market report.
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