South and Central America Animal Genetics Market to Grow at a CAGR of 5.0% to reach US$ 488.51 million from 2020 to 2027

South and Central America Animal Genetics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Products (Poultry, Porcine, Bovine, Canine, and Others), Genetic Material (Semen and Embryo), Service (DNA Typing, Genetic Trait Tests, Genetic Disease Tests, and Others)

  • Report Code : TIPRE00021064
  • Category : Biotechnology
  • Status : Published
  • No. of Pages : 98
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The South and Central America animal genetics market is expected to reach US$ 488.51 million in 2027 from US$ 334.10 million in 2019. The market is estimated to grow with a CAGR of 5.0% from 2020-2027.

Animal genetics is one of the best mainstays of livestock development (alongside animal nutrition, animal health, and husbandry concerns such as housing). It is a branch of genetics that deals with the study of gene variation and inheritance in companion, domestic and wild animals is called as animal genetics. According to the Food and Agriculture Organization of the United Nations, it is a wide field, ranging from characterization to maintenance to genetic improvement. Animal genetics are used for genetic trait testing, DNA testing, and genetic disease testing. The animal genetics market is expected to increase in forecasted period. The scope of the animal genetics market includes product, genetic material, service, and region.

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SOUTH AND CENTRAL AMERICA ANIMAL GENETICS MARKET SEGMENTATION

By Product

  • Poultry
  • Porcine
  • Bovine
  • Canine
  • Others

By Genetic Material

  • Semen
  • Embryo

By Service

  • DNA typing
  • Genetic Trait Tests
  • Genetic Disease Tests
  • Others

By Country

  • Brazil
  • Argentina
  • Rest of South and Central America


Company Profiles

  • NEOGEN Corporation
  • Genus
  • Topigs Norsvin
  • Zoetis Inc.
  • Alta Genetics Inc.
  • Groupe Grimaud
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Products, Genetic Material, Service

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Brazil, Argentina

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Animal Genetics Market – By Product

1.3.2 Animal Genetics Market – By Genetic Material

1.3.3 Animal Genetics Market – By Service

1.3.4 South and Central America Animal Genetics Market – By Country

2. South and Central America Animal Genetics Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South and Central America Animal Genetics Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Animal Genetics Market- South and Central America PEST Analysis

4.3 Expert Opinion

5. South and Central America Animal Genetics Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 High Rise in the Animal Population and the Growing Consumption of Animal Derived Protein Products

5.1.2 High Growth in Adoption of Progressive Genetic Practices

5.2 Market Restraints

5.2.1 Stringent Government Regulations for Animal Breeding

5.3 Market Opportunities

5.3.1 Growing Advancements in Phenotyping in Animal Genetics

5.4 Future Trends

5.4.1 Various Company Collaborations and Expansions Undertaken by Market Players

5.5 Impact Analysis

6. Animal Genetics Market – South and Central America Analysis

6.1 South and Central America Animal Genetics Market Revenue Forecasts and Analysis

7. South and Central America Animal Genetics Market Analysis and Forecasts To 2027 – By Product

7.1 Overview

7.2 Animal Genetics Market Revenue Share, by Product (2019 and 2027)

7.3 Poultry

7.3.1 Overview

7.3.2 Poultry: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

7.4 Porcine

7.4.1 Overview

7.4.2 Porcine: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

7.5 Bovine

7.5.1 Overview

7.5.2 Bovine: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

7.6 Canine

7.6.1 Overview

7.6.2 Canine: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

7.7 Other

7.7.1 Overview

7.7.2 Other: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

8. South and Central America Animal Genetics Market Analysis – By Genetic Material

8.1 Overview

8.2 Animal Genetics Market Revenue Share, by Genetic Material (2019 and 2027)

8.3 Semen

8.3.1 Overview

8.3.2 Semen: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

8.4 Embryo

8.4.1 Overview

8.4.2 Embryo: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

9. South and Central America Animal Genetics Market Analysis – By Service

9.1 Overview

9.2 Animal Genetics Market Share, by Service, 2019 and 2027, (%)

9.3 DNA typing

9.3.1 Overview

9.3.2 DNA typing: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

9.4 Genetic Trait Tests

9.4.1 Overview

9.4.2 Genetic Trait Tests: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

9.5 Genetic Disease Tests

9.5.1 Overview

9.5.2 Genetic Disease Tests: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

10. Animal Genetics Market Revenue and Forecasts To 2027 – Geographical Analysis

10.1 South and Central America: Animal Genetics Market

10.1.1 Overview

10.1.2 South and Central America: Animal Genetics Market, by Country, 2019 & 2027 (%)

10.1.3 Brazil: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

10.1.3.1 Brazil: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

10.1.3.2 Brazil: Animal Genetics Market, by Animal Genetic Products – Revenue and Forecast to 2027 (USD Million)

10.1.3.3 Brazil: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2027 (USD Million)

10.1.3.4 Brazil: Animal Genetics Market, by Genetic Service – Revenue and Forecast to 2027 (USD Million)

10.1.4 Argentina: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

10.1.4.1 Argentina: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

10.1.4.2 Argentina: Animal Genetics Market, by Animal Genetic Products – Revenue and Forecast to 2027 (USD Million)

10.1.4.3 Argentina: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2027 (USD Million)

10.1.4.4 Argentina: Animal Genetics Market, by Genetic Service – Revenue and Forecast to 2027 (USD Million)

10.1.5 Rest of South and Central America: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

10.1.5.1 Rest of South and Central America: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

10.1.5.2 Rest of South and Central America: Animal Genetics Market, by Animal Genetic Products – Revenue and Forecast to 2027 (USD Million)

10.1.5.3 Rest of South and Central America: Animal Genetics Market, by Genetic Material – Revenue and Forecast to 2027 (USD Million)

10.1.5.4 Rest of South and Central America: Animal Genetics Market, by Genetic Service – Revenue and Forecast to 2027 (USD Million)

11. Impact Of COVID-19 Pandemic on South and Central America Animal Genetics Market

11.1 South and Central America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Organic Developments

12.2.1 Overview

12.3 Inorganic Developments

12.3.1 Overview

13. COMPANY PROFILES

13.1 NEOGEN Corporation

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Genus

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 TOPIGS NORSVIN

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Zoetis Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 ALTA GENETICS INC.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Groupe Grimaud

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Glossary of Terms


LIST OF TABLES

Table 1. Brazil: Animal Genetics Market, by Animal Genetic Products – Revenue and Forecast to 2027 (USD Million)

Table 2. Brazil: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)

Table 3. Brazil: Animal Genetics Market, by Service - Revenue and Forecast to 2027 (USD Million)

Table 4. Argentina: Animal Genetics Market, by Animal Genetic Products – Revenue and Forecast to 2027 (USD Million)

Table 5. Argentina: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)

Table 6. Argentina: Animal Genetics Market, by Service - Revenue and Forecast to 2027 (USD Million)

Table 7. Rest of South and Central America: Animal Genetics Market, by Animal Genetic Products – Revenue and Forecast to 2027 (USD Million)

Table 8. Rest of South and Central America: Animal Genetics Market, by Genetic Material - Revenue and Forecast to 2027 (USD Million)

Table 9. Rest of South and Central America: Animal Genetics Market, by Service - Revenue and Forecast to 2027 (USD Million)

Table 10. Inorganic Developments Done by Companies

Table 11. Glossary of Terms, Animal Genetics Market

LIST OF FIGURES

Figure 1. Animal Genetics Market Segmentation

Figure 2. South and Central America Animal Genetics Market Overview

Figure 3. Embryo Segment Held Largest Share of Genetic Material in Animal Genetics Market

Figure 4. DNA Typing Segment Held Largest Share of Service in Animal Genetics Market

Figure 5. Brazil is Expected to Show Remarkable Growth During the Forecast Period

Figure 6. Animal Genetics Market - South and Central America PEST Analysis

Figure 7. Animal Genetics Market Impact Analysis of Driver and Restraints

Figure 8. South and Central America Animal Genetics Market – Revenue Forecasts and Analysis – 2019- 2027

Figure 9. Animal Genetics Market Revenue Share, by Product (2019 and 2027)

Figure 10. Poultry: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11. Porcine: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12. Bovine: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13. Canine: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14. Other: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15. Animal Genetics Market Revenue Share, by Genetic Material (2019 and 2027)

Figure 16. Semen: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17. Embryo: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18. Animal Genetics Market Share, by Service, 2019 and 2027 (%)

Figure 19. DNA typing: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20. Genetic Trait Tests: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21. Genetic Disease Tests: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22. Others: Animal Genetics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23. South and Central America: Animal Genetics Market, by Key Country – Revenue (2019) (USD Million)

Figure 24. South and Central America: Animal Genetics Market, by Country, 2019 & 2027 (%)

Figure 25. Brazil: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

Figure 26. Argentina: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

Figure 27. Rest of South and Central America: Animal Genetics Market – Revenue and Forecast to 2027 (USD Million)

Figure 28. Impact of COVID-19 Pandemic in South and Central America Country Markets

Figure 29. Growth Strategies Done by the Companies in the Market, (%)

  1. NEOGEN Corporation
  2. Genus
  3. Topigs Norsvin
  4. Zoetis Inc.
  5. Alta Genetics Inc.
  6. Groupe Grimaud

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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