- Trap Nest
- Artificial Incubators
- Others
Poultry Breeding and Genetics Market valued at USD 586.4 million in 2022 and poised to grow at a significant CAGR of 7.4% from 2023-2029. 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
2024-2030
Base Year
2023
CAGR
7.4%
Largest Market
North America
Fastest Growing Market
Europe
Poultry Breeding and Genetics Market Dynamics
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.
North-America Got Significant Share
Poultry Breeding and Genetics Market Regional Analysis
North America accounted for larger revenue share in global poultry breeding and genetics market in 2021 and expected to grow with prominent growth rate over 2022-2028 owing presence of more number of market players in the USA and technological advancements in genetics and breeding in the region. Europe market revenue is projected to grow with a significant growth rate over the forecast period owing to entry of market players in the region, rise in demand for quality meat and eggs, and increase in veterinary healthcare expenditure in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The poultry breeding and genetics market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Poultry Breeding And Genetics Market Segmentation
By Product Type
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
The Poultry breeding and genetics market size was valued at USD 586.4 million in 2022.
The Poultry breeding and genetics market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Poultry breeding and genetics market key players are Hendrix Genetics, New Hope Liuhe, JBS Aves Brasil, Wens Food Group, CP Group, Perdue Farms Inc, Suguna Foods, Sunner Development Co, Doyoo Group, Plukon Food Group, PHW Group, BRF, Agricola Italiana Alimentare
| 1.Executive Summary |
| 2.Global Poultry Breeding and Genetics Market Introduction |
| 2.1.Global Poultry Breeding and Genetics Market - Taxonomy |
| 2.2.Global Poultry Breeding and Genetics Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Species Type |
| 2.2.3.Region |
| 3.Global Poultry Breeding and Genetics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Poultry Breeding and Genetics Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Poultry Breeding and Genetics Market By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Trap Nest |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Artificial Incubators |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Others |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Poultry Breeding and Genetics Market By Species Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Broilers |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Layers |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Poultry Breeding and Genetics Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Poultry Breeding and Genetics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Trap Nest |
| 8.1.2.Artificial Incubators |
| 8.1.3.Others |
| 8.2. Species Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Broilers |
| 8.2.2.Layers |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Poultry Breeding and Genetics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Trap Nest |
| 9.1.2.Artificial Incubators |
| 9.1.3.Others |
| 9.2. Species Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Broilers |
| 9.2.2.Layers |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Poultry Breeding and Genetics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Trap Nest |
| 10.1.2.Artificial Incubators |
| 10.1.3.Others |
| 10.2. Species Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Broilers |
| 10.2.2.Layers |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Poultry Breeding and Genetics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Trap Nest |
| 11.1.2.Artificial Incubators |
| 11.1.3.Others |
| 11.2. Species Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Broilers |
| 11.2.2.Layers |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Poultry Breeding and Genetics Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Trap Nest |
| 12.1.2.Artificial Incubators |
| 12.1.3.Others |
| 12.2. Species Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Broilers |
| 12.2.2.Layers |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Hendrix Genetics |
| 13.2.2.New Hope Liuhe |
| 13.2.3.JBS Aves Brasil |
| 13.2.4.Wens Food Group |
| 13.2.5.CP Group |
| 13.2.6.Perdue Farms Inc |
| 13.2.7.Suguna Foods |
| 13.2.8.Sunner Development Co |
| 13.2.9.Doyoo Group |
| 13.2.10.Plukon Food Group |
| 13.2.11.PHW Group |
| 13.2.12.BRF |
| 13.2.13.Agricola Italiana Alimentare |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Hendrix Genetics
- New Hope Liuhe
- JBS Aves Brasil
- Wens Food Group
- CP Group
- Perdue Farms Inc
- Suguna Foods
- Sunner Development Co
- Doyoo Group
- Plukon Food Group
- PHW Group
- BRF
- Agricola Italiana Alimentare