Global Pet DNA Testing Market is valued at approximately USD 294.89 million in 2021 and is anticipated to grow with a healthy growth rate of more than 9.20% over the forecast period 2022-2029. The DNA tests provide a wide range of services, including testing for cats, dogs, and birds. Many animal DNA testing options are available for professional breeders, medical professionals, and any pet owner interested in learning more about the genetic background, parents, or health of their pet. The Pet DNA Testing market is expanding because of factors such as rising pet ownership and increasing R&D activities by key companies & academic researchers.
Rising pet ownership across the world is catering the market growth. As around, 69 million American households have dogs as pets, according to a 2021 poll by the American Pet Products Association (APPA). The industry has grown as a result of an increase in the number of people adopting dogs since they offer companionship and emotional support. Adopting pets has therefore recently gained popularity among families, especially nuclear families.
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Approximately 90.5 million households in the United States, or 70%, have pets, according to the APPA Survey 2021-2022. Furthermore, to broaden the scope of insurance available on the market, major players are working with pet insurance firms and aiming to introduce further tests for a number of other hereditary diseases which is favoring the market growth.
The key regions considered for the Global Pet DNA Testing Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to high prevelance of pet ownership, presence of key market players and increasing spending on pet care. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, The region’s pet care expenses are boosted by the expanding interest in adopting companion animals among people and the rising disposable income. Additionally, the fast-paced pet care development in nations such as China, India, South Korea, and Japan is anticipated to fuel regional market expansion.
Major market player included in this report are:
Wisdom Panel (Mars, Inc.)
Orivet Genetic Pet Care Ltd.
Embark Veterinary, Inc.
Dognomics (Clinomics)
DNA MY DOG (Canadian Dog Group Ltd.)
Basepaws, Inc. (Zoetis)
Neogen Corp.
GenSolDiagnostics, LLC
FidoCure (OHC)
PetDx
Recent Developments in the Market:
In July 2021, Wisdom Panel (Mars, Inc.) announced the launch of Wisdom Panel Dog DNA testing kits for breed detection.
In October 2022, Embark Veterinary, Inc., launched Age Test. The Age Test, a first-of-its-kind product in the dog DNA sector, calculates a dog’s age using a special algorithm created by Embark. The test uses epigenetics, a cutting-edge subject that investigates how environmental influences can alter how genes function, to determine when a dog was born.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
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The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Animal Type offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Animal Type:
Dog
Cats
By Test Type:
Breed Profile
Genetic Diseases
Health & Wellness
By Sample Type:
Blood
Saliva
Semen
Others
By End Use:
Pet Owners
Breeders
Veterinarians
By Region:
North America
U.S.
Canada
Europe
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UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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