Global Poultry Breeding and Genetics Market: By Product Type (Trap Nest, Artificial Incubators, Others), By Species Type (Broilers, Layers), and Geography

 

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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.

Global Poultry Breeding And Genetics Market Summary

Study Period

2023-29

Base Year

2022

CAGR

X%

Largest Market

North America

Fastest Growing Market

Europe
Growth

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.

Key Features of the Reports

  • Global poultry breeding and genetics market expanding at significant CAGR over 2022 to 2028 owing to rising advances in breeding and genetic technologies.
  • Based on product type, trap nest accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on launch of newer products and collaboration strategies to retain market position in global poultry breeding and genetics market

Global Poultry Breeding And Genetics Market Segmentation

by Product Type
  • Trap Nest
  • Artificial Incubators
  • Others
By Species Type
  • Broilers
  • Layers
By Geography
North America
  • US
  • Canada
Europe
  • Germany
  • Italy
  • France
  • Spain
  • UK
  • Rest of Europe
Asia-Pacific
  • Japan
  • China
  • Australia & New Zealand
  • Rest of Asia-Pacific
Latin America
  • Chile
  • Brazil
  • Argentina
  • Mexico
  • Rest of LATAM
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Israel
  • Rest of MEA

Frequently Asked Questions

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.

  • Hendrix Genetics
  • New Hope Liuhe
  • JBS Aves Brasil
  • Wen’s Food Group
  • CP Group
  • Perdue Farms Inc.
  • Suguna Foods
  • Sunner Development Co.
  • Doyoo Group
  • Plukon Food Group
  • PHW Group
  • BRF
  • Agricola Italiana Alimentare