Market Overview: Global Bovine Genetics Market
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Bovine Genetics Market Insights 2023-28
The Global Bovine Genetics Market is projected to grow at a CAGR of around 6.7% during the forecast period, i.e., 2023-28.
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Top Players in the Bovine Genetics Market:
- ABS Global
- Zoetis Services LLC
- Neogen Corporation
- CRV Holding B.V.
- Trans Ova Genetics
- Cogent
- Genus plc
- Envigo
- Tropical Bovine Genetics
- Semex
- Viking Genetics
- Others
Segmentation Analysis of Bovine Genetics Market
Bovine Genetics Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023-28, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Genetic Material
- Semen
- Embryo
Based on Genetic Material, Embryos are foreseen to acquire a sizable share of the Global Bovine Genetics Market in the projected time frame. It is primarily because innovative biotechnologies in embryology seem to be the most effective instruments, as per animal scientists and breeders. Embryos as genetic material, along with these cutting-edge technologies, have been predominantly used to enhance the genetic makeup of bovine herds. The idea behind transferring embryos in cattle is to ramp up production rates. Moreover, Embryos can alter the breed of the entire herd within a single generation with a relatively lesser cost than those of semen or postnatal animals.
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-By Bovine Type
- Cattle
- Buffalo
- Others (Bison, Hybrids, etc.)
-By Genetic Testing Service Type
- DNA Typing
- Genetic Trait Test
- Genetic Disease TypeGenetic Disease Type
A Comprehensive Geographical Analysis:
-By Region
- North America
- South America
- Europe
- The Middle East Africa
- Asia-Pacific
Asia Pacific is expected to dominate the Global Bovine Market with the fastest growth rate exhibited by the region in the historical period. The factors backing such dominance can be accredited to the rising meat consumption and increased animal output across the region. Besides, the substantial investment made by the countries in animal genetics to identify genetic traits and treat major disorders in them has further encouraged market growth in recent years.
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