What is Animal Breeding Management?
Breeding is one of an important consideration from the financial side of cattle production. In the absence of systematic breeding at the appropriate time, the cattle rearing will not be profitable. This is likely to be done only by managing and increasing the reproductive efficiency of the animals. Successful breeding involves the mating, the ability to conceive and nourishing the embryo and delivering the viable young ones at the end of a normal growth period. The breeding efficiency is a very complex occurrence that can be controlled by both genetic and non-genetic factors, wherein the non- genetic factors can be the nutrition, climate, and level of management. Also, the breeding efficiency differs not only among the species and breeds but also among the animals that fall within the same breed. Even by following the best feeding and management, it cannot influence the performance beyond the genetic limit of any inferior animal. Improving these genetic merits of the livestock population is one of the essential things at all levels of management. A sound breeding program is a very much necessary part of the entire animal breeding system.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Boehringer Ingelheim (Germany), Zoetis (United States), Merck & Co. (United States), Elanco Animal Health (United States), Bayer (Germany), Virbac (France), Ceva Sante Animale (France), Vetoquinol (France), Bimeda Animal Health Limited (Ireland) and Cainthus (Ireland) |
The study covers a detailed analysis segmented by key business segments i.e. by type (In Breeding and Out Breeding) , by application (Disease Resistance, Higher Yield, Health Improvement and Other) and major geographies. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Animal Breeding Management market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Animal Breeding Management market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Boehringer Ingelheim (Germany), Zoetis (United States), Merck & Co. (United States), Elanco Animal Health (United States), Bayer (Germany), Virbac (France), Ceva Sante Animale (France), Vetoquinol (France), Bimeda Animal Health Limited (Ireland) and Cainthus (Ireland).
Market Overview:
In April 2019, Boehringer Ingelheim and Dopharma acquired the Saint-Herblon production facility. This independent, family-owned Dutch company develops, produces, and distributes 100% livestock-only veterinary products. The sale is part of Boehringer Ingelheim Animal Health's strategic refocus on advanced and preventive animal health care. Saint-Herblon, which mainly produces generics and antibiotics for livestock under the Coophavet brand.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Influencing Trend:
The Emergence of Hybrid Breeding Technology in Animal Breeding, Constant Innovation and Introduction in Livestock Monitoring System and Growing Market Penetration of IoT Technology in Animal Farming
Market Growth Drivers:
Need for Breeding to Meet Ever-Increasing Demand for Food Across the World and Demand for Improved Yield, Disease Resistance and Quality Rich Animals and Animal Products
Challenges:
The Requirement of Skilled Professionals for Animal Breeding and Lack of Trained Professional For Managing the Process
Restraints:
Stringent Regulatory Norms Imposed on Animal Breeding and The Requirement of Huge Capital Investment
Opportunities:
Growing Population and Urbanisation Across the World will Boost the Animal Breeding Market, Technological Advancements in Animal Breeding, Increasing Availability of Innovative Feeding Technologies and Animal Health Industry is Evolving with Revolutionary Digital Solutions
Key highlights of the Global Animal Breeding Management market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Animal Breeding Management market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Animal Breeding Management market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Animal Breeding Management Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Animal Breeding Management market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Animal Breeding Management market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Animal Breeding Management Providers, Research and Development Institutes, Potential Investors, Regulatory Bodies, National Laboratories, Industry Associations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.