Global Animal Biotechnology Market, By Product Type, By Application, By Animal Type, By End User, By Geography

Description

The global animal biotechnology market size is expected to reach US$ 45.70 Bn by 2030, from US$ 25.15 Bn in 2023, exhibiting a CAGR of 8.9% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 25.15 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	8.90%	2030/2031 Value Projection:	US$ 45.70 Bn

Figure 1. Global Animal Biotechnology Market Share (%), By Region, 2023

Global Animal Biotechnology Market - IMG1

Animal biotechnology is the use of biological processes and systems in animals to develop or modify products and processes for specific use. It involves the genetic engineering and cloning of animals for producing new drugs and vaccines. The growing demand for livestock products coupled with the rising prevalence of animal diseases is augmenting the demand for animal biotechnological applications. Techniques such as in-vitro fertilization, artificial insemination, and embryo transfer are improving livestock production efficiency and quality. Moreover, animal cloning and stem cell research are finding applications in regenerative medicine and disease modeling. The global animal biotechnology market is expected to witness significant growth over the forecast period owing to the increasing R&D investments by key players in this field.

Market Dynamics:

The global animal biotechnology market is driven by factors such as increasing consumption of animal-derived proteingeins, rising prevalence of zoonotic diseases, and growing demand for transgenic animals. Growing population and increasing per capita income in developing countries are fueling the demand for meat and dairy products, which is propelling research activities in animal biotechnology. However, high R&D costs associated with animal biotechnology and ethical issues regarding animal cloning are restraining the growth of this market. The development of advanced reproductive techniques and increasing applications of stem cells in livestock production provide lucrative opportunities for market players.

For instance, on May 15, 2023, according to a report published by the Centers for Disease Control and Prevention, zoonotic diseases are very common, both in the U.S. and around the world, while it is estimated that more than six out of every 10 known infectious diseases in people can be spread from animals, and three out of every four new or emerging infectious diseases in people come from animals.

Key features of the study:

This report provides an in-depth analysis of the global animal biotechnology market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global animal biotechnology market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Heska Corporation, Indian Immunologicals Ltd., HESTER BIOSCIENCES LIMITED, Zoetis Inc. , Boehringer Ingelheim International GmbH, Biogenesis Bago, Merck & Co., Inc., Virbac, Elanco, Cadila Pharma, Thermo Fisher Scientific Inc. , Idexx Laboratories, Randox Laboratories Ltd. , Gold Standard Diagnostics. , Bionote USA Inc., Meiji Holdings Co., Ltd., Kemin Industries, Inc., and Pfizer Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global animal biotechnology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global animal biotechnology market

Detailed Segmentation:

Global Animal Biotechnology Market, By Product Type
- Diagnostics Tests
- Vaccines
- Drugs
- Reproductive and Genetic
- Feed Additives
- Others
Global Animal Biotechnology Market, By Application
- Diagnosis of Animal Diseases
- Treatment of Animal Diseases
- Preventive Care of Animals
- Drug Development
- Others
Global Animal Biotechnology Market, By Animal Type
- Companion
- Dogs
- Cats
- Horses
- Others
- Livestock
- Poultry
- Swine
- Cattle
- Sheep & Goats
- Others
Global Animal Biotechnology Market, By End User
- Veterinary Laboratories
- Point-of-Care Testing/In-house Testing
- Veterinary Hospitals & Clinics
- Others
Global Animal Biotechnology Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Global Animal Biotechnology Market, Key Players
- Heska Corporation
- Indian Immunologicals Ltd.
- HESTER BIOSCIENCES LIMITED
- Zoetis Inc.
- Boehringer Ingelheim International GmbH
- Biogenesis Bago
- Merck & Co., Inc.
- Virbac
- Elanco
- Cadila Pharma
- Thermo Fisher Scientific Inc.
- Idexx Laboratories
- Randox Laboratories Ltd.
- Gold Standard Diagnostics.
- Bionote USA Inc.
- Meiji Holdings Co., Ltd.
- Kemin Industries, Inc.
- Pfizer Inc.

Product Code: CMI6555

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Animal Biotechnology Market, By Product Type
- Global Animal Biotechnology Market, By Application
- Global Animal Biotechnology Market, By Animal Type
- Global Animal Biotechnology Market, By End User
- Global Animal Biotechnology Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Increasing Demand for Animal Protein
- Ethical Concerns Hamper Commercialization of Transgenic Animals
- Advancements in Genetic Engineering Drive the Gene Therapy Segment
Impact Analysis
Key Highlights
Regulatory Scenario
Service Offering Portfolio
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Animal Biotechnology Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Animal Biotechnology Market, By Product Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Diagnostics Tests
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Vaccines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Drugs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Reproductive and Genetic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Feed Additives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Global Animal Biotechnology Market, By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Diagnosis of Animal Diseases
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Treatment of Animal Diseases
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Preventive Care of Animals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Drug Development
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

7. Global Animal Biotechnology Market, By Animal Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Companion
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Dogs
Cats
Horses
Others
Livestock
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Poultry
Swine
Cattle
Sheep & Goats
Others

8. Global Animal Biotechnology Market, By End User, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Veterinary Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Point-of-Care Testing/In-house Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Veterinary Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

9. Global Animal Biotechnology Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2019 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030,(US$ Bn)
North Africa
Central Africa
South Africa

10. Competitive Landscape

Heska Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Indian Immunologicals Ltd.
HESTER BIOSCIENCES LIMITED
Zoetis Inc.
Boehringer Ingelheim International GmbH
Biogenesis Bago
Merck & Co., Inc.
Virbac
Elanco
Cadila Pharma
Thermo Fisher Scientific Inc.
Idexx Laboratories
Randox Laboratories Ltd.
Gold Standard Diagnostics.
Bionote USA Inc.
Meiji Holdings Co., Ltd.
Kemin Industries, Inc.
Pfizer Inc.
Analyst Views

11. Section

Research Methodology
About us