Poultry Breeding and Genetics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Trap Nest, Artificial Incubators, Others), By Species Type (Broilers, Layers), and Region Forecast 2019-2030     

Poultry Breeding and Genetics Market size valued at US$ 586.4 million in 2023 and poised to grow at a significant CAGR of 7.4% from 2024-2030. 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 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.