Animal Genetics Market

The global animal genetics market is projected to reach USD  4.19 billion by 2029 from USD  2.97 billion in 2024, at a CAGR of 7.1% during the forecast period. Growth in this market can primarily be attributed to high global demand for live animals from the animal food industry and the high adoption of genetic materials by breeders.

The prominent players in the animal genetics market include Neogen Corporation (US), Genus PLC (UK), Genetic Technologies Limited (Australia), Urus (US), Select Sires Inc. (US), Groupe Grimaud (France), CRV Holding (Netherland), Topigs Norsvin (Netherland), Zoetis, Inc.(US), Animal Genetics, Inc. (US). Players in the global animal genetics market have employed various strategies to expand their global footprints and increase their market shares. The key strategies adopted by the major animal genetics market players include product and service launches and approvals, acquisitions, partnerships, agreements, collaborations, and expansions.

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GENUS PLC (UK)

Genus PLC is a top company specializing in livestock genetics for improving meat and milk production. It operates through three main divisions: Genus PIC (focused on pigs), Genus ABS (focused on cattle), and a research and development division. The company sells its products in 35 countries and supports over 2,000 customers worldwide. Genus ABS alone works in 20 countries, serving more than 50,000 customers across six continents. Key subsidiaries include ABS Global in the U.S., Genus Breeding India, and Hermitage Genetics in Ireland. In 2024, Genus took full ownership of De Novo Genetics LLC, a U.S.-based dairy genetics company, and teamed up with 605 Sires + Donors, another U.S. company, to offer advanced genetics solutions for beef producers. These efforts reflect Genus’ commitment to driving innovation in the livestock genetics industry.

URUS

URUS, formed in 2018 by merging Koepon Holding BV (Netherlands) and Cooperative Resources International (CRI) (US), is a global leader in cattle genetics and farm management solutions. With ten subsidiaries, including AgSource, Alta Genetics, GENEX, and Trans Ova Genetics, URUS provides services like breeding programs, advanced genetics, dairy management tools, and reproductive technologies such as IVF and cloning. Operating in over 100 countries, it has a strong presence in North America, Europe, Asia Pacific, and Latin America. In 2023, URUS partnered with Genetics Australia to expand GENEX and PEAK products and, in 2024, launched the Africa Dairy Genetics Multiplication Program to improve cattle genetics in Kenya, Tanzania, and Uganda, showcasing its dedication to advancing global livestock.

CRV HOLDINGS (NETHERLANDS)

CRV Holding is a global leader in improving cattle herds, providing advanced solutions for breeding, fertility, and health to boost productivity and animal well-being. Its services include breeding programs, data collection, herd book management, on-farm support, and industry publications to help farmers improve milk and meat quality. CRV operates in countries like Belgium, New Zealand, Germany, South Africa, Brazil, the U.S., and Spain, and exports bovine semen to about 50 countries through a strong distributor network. In 2021, it partnered with Nedap (Netherlands) to globally market Oxalext products, highlighting its focus on innovation and advancing livestock farming worldwide.

Related Reports:

Animal Genetics Market by Animal (Bovine, Porcine), Products & Services (Genetic Materials, Genetic Testing Services), Technology (PCR, NGS, rDNA, Microarray Technology), End User (Animal Farms, Veterinary Hospitals & Clinics) - Global Forecast to 2029

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