Since Jul 14, 2010
Genetics and Genomics
192 7054
Mon November 7th, 2016
Animal Genetics Market
Download PDF Brochure@ The global animal genetics market is projected to reach USD 5.50 Billion by 2021 from USD 3.68 Billion in 2016, at a CAGR of 8.4% from 2016 to 2021. This market is mainly driven by the increasing animal protein consumption, increasing adoption of advanced genetic technologies for larger-scale production and quality breeds, and development of cutting-edge technologies in animal genetic testing. However, stringent regulations regarding animal genetic engineering, expensive and time-consuming R&D activities, high cost of animal testing, and insufficient number of skilled professionals are restraining the growth of the animal genetics market during the forecast period.

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