Animal Genetics Market Outlook, Regional Analysis and Opportunity during the Forecast Period 2022-2028

 

Animal Genetics Market

Animal Genetics is a branch of biotechnology that studies genes, genetic variations, and heredity in animals. It conducts research on gene expression, gene variants, reproduction, and traits. Genetic engineering, also known as recombinant DNA technology, is a technique for manipulating genes (adding or deleting genes) to produce different combinations. It is used for genetic trait testing, genetic disease testing, and animal DNA testing.

Over the forecast period, new research and development studies in animal genetics are expected to boost the global Animal Genetics Market growth. For example, Topigs Norsvin established a research centre in Canada in June 2018 to increase breeding and achieve maximum genetic progress of the Z line and TN Tempo (breed name of the pigs). Every year, approximately 2,600 pigs are admitted to the facility for testing.

Furthermore, in April 2019, Hendrix Genetics BV signed a Memorandum of Understanding (MoU) on the evolution of black tiger shrimp with the Bangladesh Shrimp and Fish Foundation (BSFF). Hendrix Genetics BV is a European genetic animal breeding company, and BSFF is a non-profit organisation that conducts animal genetic engineering research (primarily on shrimps). Hendrix Genetics BV is going to work on the genetics of black tiger shrimp with the help of BSFF’s findings on shrimps. Such partnerships are expected to stimulate the global Animal Genetics Market growth.

Over the forecast period, North America is expected to hold a dominant position in the global animal genetics market. Factors such as public support in the United States for the use of genetically engineered animals for the benefit of human life are expected to drive global Animal Genetics Market growth during the forecast period. For example, in August 2018, the Pew Research Center in the United States conducted a survey to gather public opinion on the use of genetically engineered animals for the benefit of human life. A total of 2,537 adults responded, with the majority of respondents supporting genetic engineering of animals for human welfare. These factors are expected to have a positive impact on the growth of the global animal genetics market.

Top Companies involved are-

• Genus

• Neogen Corporation

• Animal Genetics

• Urus

• EW Group GmbH

• Groupe Grimaud

• CRV Holding

• Topigs Norsvin

• Zoetis

• Envigo

Comments

Post a Comment

Popular posts from this blog

Forging has significant application in creation of various metal for wide range of applications

Image
Forging refers to any process that produces metal from scratch by subjecting it to an external force. Metal forgers can be persons or machines. This techniques may involve grinding (for example, to produce alloyed steel) or may involve the application of pressure to apply heat to the metal piece until it is malleable. The actual process depends on various factors, including the material being forged, its shape, and the degree of stress that is placed on it. Forged grain is the product of Forging with grains of metals pushed against each other through a forge-like tool and into the cladding that forms the final shape of the metal after it has been done. It is the principal production process in most metals. It uses local or repetitive thrusts delivered by a hammer or die to apply mechanical blows to the metal piece until it becomes malleable. It is frequently classified according to the speed at which it's done: fast, cold, or hot. There are many types of forgers available today...
Read more

Ginseng Market Outlook, Analysis and forecast up to 2028

Image
  Ginseng Market Ginseng is a slow-growing perennial plant with green oval-shaped leaves and meaty roots that can persist for more than a century. Ginseng is classified into two types: American ginseng and Asian ginseng. Panax quinquefolius is the scientific name for American ginseng, whereas Panax ginseng is the scientific name for Asian ginseng. Ginseng is widely used as a herb to increase the body's energy levels. Ginseng's antioxidant and anti-inflammatory qualities serve to enhance the immune system, lowering the risk of viral and microbial infections. Ginseng also helps to lower the risk of diseases such as lung cancer, skin cancer, and liver cancer. Other health advantages of ginseng include lower blood sugar levels and improved cognitive functions such as memory and conduct. Ginseng is mostly grown in the United States, Canada, and South Korea. Ginseng has been used as a herbal medicine in China for generations, and the country is one of its largest users. Asia Pacifi...
Read more

The Vaccine Contract Manufacturing Industry to Flourish Due to Urgent Need to Develop Reliable and Cost-Effective Vaccines against Covid-19

Image
Germany Vaccine Contract Manufacturing industry is expected to witness significant growth in the near future, due to emergence of Covid-19. In Germany, from 3 January 2020 to 4:06pm CEST, 18 August 2021, there have been 3,835,375 confirmed cases of COVID-19 with 91,921 deaths, reported to WHO. As of 15 August 2021, a total of 97,884,043 vaccine doses have been administered. The increasing demand for safe and cost-effective vaccines due to unmatchable quality, consistent delivery, and unparalleled security, have contributed to the increasing growth and scope of this industry. The increasing demand for vaccines and resulting profit potential have led to significant growth in the number of contract manufacturing plants located across the world. A major focus of such plants is developing cost effective, high quality vaccines that could be made available to public health organizations and other medical organizations. Several new and innovative technologies are also being developed to man...
Read more