The press release projects 6.62% annual growth from 2026 to 2035, with North America leading in 2025 and Asia Pacific forecast to expand fastest.
The animal genetics market was valued at USD 7.32 billion in 2025 and is projected to reach USD 13.90 billion by 2035, expanding at a CAGR of 6.62% during 2026–2035, SNS Insider said in a new report. The firm said growth is being supported by wider use of genomic testing, DNA sequencing, assisted reproduction techniques and precision breeding tools across livestock and companion animal healthcare. Genomic or genetic testing led the market in 2025 with a 48.2% share and is expected to post a 7.3% CAGR, while cattle accounted for 45.5% of the market and companion animals are forecast to grow fastest at 8.1%. Private distribution channels held a 68.7% share in 2025 and are projected to expand at a 6.8% CAGR. Regionally, North America held 37.5% of the global market in 2025, while Asia Pacific is projected to record the fastest growth at an 8.4% CAGR. The report also cited recent developments from Genus PIC in February 2025 and Neogen in November 2024.