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Animal Genetics Sector Set to Reach $9.37 Billion by 2031

The global animal genetics market is projected to grow from $6.64 billion in 2026 to $9.37 billion by 2031, reflecting a compound annual growth rate of 7.1%. This expansion is fueled by an increasing global demand for high-quality animal protein and the widespread adoption of precision breeding technologies.

Animal Genetics Sector Set to Reach $9.37 Billion by 2031
Photo: Bio & News

The industry is shifting away from traditional selective breeding toward integrated genomic solutions. Modern approaches now rely heavily on next-generation sequencing, bioinformatics, and AI-driven breeding analytics. These technological advancements, including CRISPR-based gene editing, allow producers to enhance disease resistance, fertility, and feed efficiency with greater accuracy.

Animal genetic materials, particularly semen used in artificial insemination, currently hold the largest market share. This dominance stems from the technology's cost-effectiveness and its capacity to rapidly disseminate superior genetics across livestock populations. While Europe currently leads the market due to its established veterinary infrastructure, the Asia Pacific region is expected to see the highest growth rate as countries like China and India scale their investments in livestock productivity and advanced breeding programs.

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