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

 

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.