The Global Bovine Genetics Market is projected to grow at a CAGR of around 6.7% during the forecast period 2023-28

A recent study published by MarkNtel Advisors on the Global Bovine Genetics Market Share, Size, Trends, Growth, Report and Forecast 2023-28 brings together an in-depth understanding of all aspects influencing the industry's expansion both in the present and during the historical period 2018-21. This analysis comprises unbiased, accurate, & reliable market intelligence, shedding light on key parameters like the market growth drivers, challenges, restraints, and opportunities, among others. The stakeholders can attain data on the key trends, recent developments, investments & strategies, among other elements shaping the market dynamics.

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Bovine Genetics Market Dynamics

“Bovine Genetics Market Analysis, 2023” research report entails a detail-oriented analysis of aspects like the Covid-19 impact, segmentation analysis, country/regional landscape, recent developments, demand & supply chain, and product/service pricing, among others, driving the market expansion across different segments & geographies. This section aims solely to enlighten the stakeholders & the leading players to plan & lay out new strategies for expanding their visibility, product portfolio, & customer base and generating significant revenues in the coming years.

Growth Opportunities: Expansive Adoption of Selective Breeding in Animals

The development of bovine genetics is likely to be benefited from the increasing use of selective breeding in animals. Domestic animal paternity can be determined and controlled using DNA forensics. DNA typing has been widely used to diagnose genetic issues in cattle, which, in turn, aids in the segment's growth. Additionally, when the practice of selective breeding for desirable traits is embraced more generally, there would be a surge in demand for animal genetics services and an expansion of the market.

Impact of Covid-19 on the Bovine Genetics Market

The advent of Covid-19 in 2020 had a consequential effect on most industries worldwide that instigated our analysts to rigorously examine the ground reality of situations in the Bovine Genetics Market by constantly interacting with the industry experts. The Covid-19 impact analysis section compiles all attributes of relevant events that happened during & after the outbreak, alongside the strategies adopted by the industry players to overcome the damages & sustain amidst the crisis.

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Bovine Genetics Market Major Segments

The Bovine Genetics Market bifurcates into the following segmentations:

-By Bovine Type

· Cattle

· Buffalo

· Others (Bison, Hybrids, etc.)

-By Genetic Material

· Semen

· Embryo

- By Genetic Testing Service Type

· DNA Typing

· Genetic Trait Test

· Genetic Disease Type

Bovine Genetics Market Geographical Landscape

On the geographical front, the market expands across:

-By Region

· North America

· South America

· Europe

· The Middle East & Africa

· Asia-Pacific

Competitive Analysis

The study on Bovine Genetics Market brings together extensive research on the prominent companies participating in the industry by rigorously profiling their operations, product/service portfolio, mergers & acquisitions, expansion plans, recent developments, key strategies, and opportunities to attain higher profit margins. The leading industry players, as profiled in the report, include the following:

· ABS Global

· Zoetis Services LLC

· Neogen Corporation

· CRV Holding B.V.

· Trans Ova Genetics

· Cogent

· Genus plc

· Envigo

· Tropical Bovine Genetics

· Semex

· Viking Genetics

· Others

ABOUT US:

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

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