Driving Innovation in Livestock Production: An Overview of Animal Biotechnology Market and Trends 2023

Animal Biotechnology is the branch of biotechnology, which deals with the molecular biology techniques for developing genetically engineered animals which is appropriate for pharmaceutical, industrial or agricultural applications. Biotechnology was introduced in animal healthcare in 19th century. When the first vaccines were prepared for its use in animals. Biotechnology applications help in detecting and treating both infectious and parasitic diseases of animals. To reduce the risk and prevent the outbreak of infectious diseases, the World Organization for Animal Health (OIE) help to detect the infectious disease and provide particular treatment for the animal.

Top Key Players of Animal Biotechnology

  • Bayer AG
  • Biogenesis Bago
  • Boehringer Ingelheim GmbH
  • Ivaoes, LLC
  • Merck and Co. Inc
  • Pfizer Inc
  • Sanofi
  • Santa Cruz Biotechnology, Inc.
  • Virbac
  • Zoetis Inc

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Precision Animal Biotechnology Segments:

By Product         

  • Vaccine
  • Drug
  • Diagnostic Test
  • Reproductive And Genetic Product

By Application  

  • Food Safety And Drug Development
  • Development Of Animal Pharmaceutical
  • Others

Globally North America and Europe dominate the overall animal biotechnology market due to the increasing incidence of various animal diseases, rising awareness levels of the population about cloning and transgenic rising animal meat consumption, large investment in research and development activities from both public and private firms the rising animal healthcare expenditure, and others. Whereas, Asia-Pacific region is expected to drive the market growth due to dependency of various regions on animals for their daily activities, increasing demand for animal and availability of huge livestock population.

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

  • Which are the driving factors responsible for the growth of market?
  • Which are the roadblock factors of this market?
  • What are the new opportunities, by which market will grow in coming years?
  • What are the trends of this market?
  • Which are main factors responsible for new product launch?
  • How big is the global & regional market in terms of revenue, sales and production?
  • How far will the market grow in forecast period in terms of revenue, sales and production?
  • Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
  • How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
  • Which region has more opportunities?

By Region Outlook 

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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