- Trap Nest
- Artificial Incubators
The global poultry breeding and genetics market valued at US$ 586.4 Mn in 2021 and expected to burgeon at significant CAGR over 2022-2028 owing to technological advancements in the genetics and breeding technologies, increase in the prevalence of poultry diseases across the globe. Moreover, increase in demand for healthy meat and eggs, rapid growth in poultry industry in emerging economies, government support for the livestock farmers, and increase in veterinary healthcare expenditure are boost the market over the forecast years. However, lack of awareness about the animal genetics and lack of skilled professionals in underdeveloped countries, high R&D expenditure, and stringent regulation of genetic engineering are hamper the growth of the market over the forecast timeframe. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global poultry breeding and genetics market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global poultry breeding and genetics services.
Fastest Growing Market
Increase in the demand for quality meat and eggs is a major factor drives the growth of poultry breeding and genetics market over the forecast years. The major objectives for the poultry breeding is to improve the annual egg production and potential of hen, surge in meat production in broilers, rising the feed conversion efficiency for more meat and egg per bird, and to increase the quality of the poultry products.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.