Press release
Animal Biotechnology Market Size Share Growth and Forecast 2023-2030
Animal Biotechnology Market-DataM Intelligence
The global Animal Biotechnology Market is forecasted to experience substantial growth, projecting a robust Compound Annual Growth Rate (CAGR) of 9% throughout the period from 2023 to 2030. The market, driven by advancements in genetic engineering, holds promise for revolutionizing animal welfare, health, and the production of safe food.
Understanding Animal Biotechnology
Animal biotechnology employs engineering, science, and technology to enhance living organisms, specifically animals. It encompasses molecular biotechnology techniques to genetically modify animals for various applications such as pharmaceutical, industrial, or agricultural purposes. This field also plays a vital role in diagnosing animal diseases, offering therapeutic options, developing veterinary drugs, and ensuring preventive care through vaccinations.
Please request a free sample: https://www.datamintelligence.com/download-sample/animal-biotechnology-market
Key Market Metrics:
Market CAGR: 9%
Segments Covered: By Animal Type, By Product Type, By Application, By End User, and By Region
Report Insights: Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.
Fastest Growing Region: Asia Pacific
Largest Market Share: North America
Recent Advances Propelling Growth
Recent breakthroughs in genetic engineering are anticipated to fuel the expansion of the Animal Biotechnology Market. The application of biotechnological techniques such as artificial insemination, in-vitro fertilization, and somatic cell nuclear transfer is enhancing animal breeding stock, ensuring greater welfare, health, and improved nutritional quality.
Challenges and Restraints
Despite the positive trajectory, the market faces challenges such as the high cost of animal biotechnology products, ethical concerns, and a shortage of skilled professionals for diagnostic tests.
Geographical Landscape
In 2021, North America emerged as the dominant player in the global animal biotechnology market, attributing its success to the rising prevalence of zoonotic diseases, genetic engineering advances, and initiatives promoting animal health. The AquAdvantage Salmon (AAS) is showcased as an example, presenting solutions to the impending fish shortage and promoting nutrient-rich food production.
For more information and market insights: https://www.datamintelligence.com/research-report/animal-biotechnology-market
Leading Companies
Major players contributing to the thriving Animal Biotechnology Market include Boehringer Ingelheim GmbH, Merck & Co., Inc., Virbac, Elanco, Zoetis, Biogénesis Bagó, Idexx Laboratories, Heska Corporation, Indian Immunologicals Ltd., and HESTER BIOSCIENCES LIMITED.
About Boehringer Ingelheim GmbH
Boehringer Ingelheim is a prominent German contract manufacturer of biopharmaceuticals, specializing in human pharmaceuticals, animal health, and biopharmaceutical contract manufacturing. In the animal health sector, the company is a global leader in vaccines, therapeutics, and preventive products, contributing significantly to the overall market growth.
Conclusion
The Animal Biotechnology Market is poised for exceptional growth, driven by advancements in genetic engineering, expanding applications in animal welfare, and the rising demand for safe food production. The market's landscape is characterized by key players at the forefront of innovation and research, positioning the industry for substantial advancements in the coming years.
Related Reports:
Animal Antibiotics and Antimicrobials Market: https://www.datamintelligence.com/research-report/animal-antibiotics-and-antimicrobials-market
Animal Vaccine Market: https://www.datamintelligence.com/research-report/animal-vaccine-market
Animal Intestinal Health Market: https://www.datamintelligence.com/research-report/animal-intestinal-health-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Animal Biotechnology Market Size Share Growth and Forecast 2023-2030 here
News-ID: 3303692 • Views: …
More Releases from DataM Intelligence 4Market Research
United States Pet Insurance Market is projected to reach US$ 102.4 billion by 20 …
Market Size and Forecast:
The Pet Insurance Market was valued at US$ 9.5 billion in 2024 and is projected to reach US$ 102.4 billion by 2032, expanding at a CAGR of 34.2% during 2025-2032.
The Pet Insurance Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay…
United States Breast Cancer Treatment Market is expected to reach US$ 72.05 bill …
Market Size and Forecast:
The Breast Cancer Treatment Market size reached US$ 37.75 billion in 2024 and is expected to reach US$ 72.05 billion by 2033, growing at a CAGR of 9.4% during the forecast period 2025-2033.
The Breast Cancer Treatment Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make…
United States Neuromuscular Disease Therapeutics Market is expected to reach US$ …
Market Size and Forecast:
The Neuromuscular Disease Therapeutics Market size reached US$ 11.89 billion in 2023, with a rise of US$ 13.70 billion in 2024, and is expected to reach US$ 45.62 billion by 2033, growing at a CAGR of 14.4% during the forecast period 2025-2033.
The Neuromuscular Disease Therapeutics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to…
United States Psychotherapeutic Drugs Market Forecast: Innovations, Demand, and …
Market Overview:
The Global Psychotherapeutic Drugs Market is estimated to reach at a Significant CAGR during the forecast period (2024-2031).
The Psychotherapeutic Drugs Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
