Animal DNA Testing Market Market Overview
Animal DNA Testing Market was valued at USD 0.61 Billion in 2022 and is projected to reach USD 1.57 Billion by 2030, growing at a CAGR of 12.1% from 2024 to 2030.
Market Size and Opportunity Analysis for Global Animal DNA Testing Market
The global animal DNA testing market is experiencing significant growth, with its market value reaching approximately USD 1.8 billion in 2023. This expansion is driven by increasing pet ownership and the rising demand for animal health diagnostics. The market is expected to grow at a robust compound annual growth rate (CAGR) of around 10% over the next several years. This growth is further supported by advancements in genomic technologies and the increasing adoption of DNA testing in veterinary practices for breed identification, health screening, and genetic disease detection.
Opportunities in the global animal DNA testing market are expanding due to the growing focus on personalized animal care and the need for precise genetic information to improve animal health. The integration of advanced technologies, such as next-generation sequencing and bioinformatics, is enhancing the capabilities of DNA testing, offering more detailed and accurate results. Moreover, the rise in research and development activities aimed at understanding genetic disorders in animals is anticipated to drive market demand. As a result, the market value is projected to surpass USD 3 billion by the end of the decade, highlighting a lucrative opportunity for stakeholders in the animal health sector.
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Who are the largest Global manufacturers in the Animal DNA Testing Market?
By Type of Animal
- Dogs
- Cats
- Horses
- Livestock (Cattle, Sheep, Goats)
- Fish and Aquatic Animals
- Exotic Pets
By Test Type
- Parentage Testing
- Health Screening
- Breed Identification
- Genetic Trait Testing
- Behavioral Trait Testing
- Inbreeding Detection
By Sample Type
- Blood Samples
- Saliva Samples
- Hair Follicles
- Tissue Biopsy
- Urine Samples
By Distribution Channel
- Online Retail
- Brick-and-Mortar Pet Stores
- Veterinary Clinics
- Animal Shelters
- Direct-to-Consumer Services
By End-User
- Pet Owners
- Veterinarians
- Animal Breeders
- Research Institutions
- Animal Shelters and Rescue Organizations
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Segmentation of Animal DNA Testing Market-
Which regions are leading the Global Animal DNA Testing Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Animal DNA Testing Market Research Report, 2024-2031
1. Introduction of the Global Animal DNA Testing Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Research
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Animal DNA Testing Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Animal DNA Testing Market, By Type
6. Global Animal DNA Testing Market, By Application
7. Global Animal DNA Testing Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Animal DNA Testing Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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