Global Animal Breeding Solutions Market Growth (Status and Outlook) 2025-2031
The global Animal Breeding Solutions market size is predicted to grow from US$ 5455 million in 2025 to US$ 7883 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.
Animal breeding: It refers to the mating between two animals of either same or a different breed to obtain offspring with desired traits.
Pet medical care is the second largest segment in pet industry. In the UK, annual spending on veterinary and other pet services has risen from £2.6bn in 2015 to £4bn in 2021, a 54% increase in just six years.
According to Vetnosis, the value of the global animal health industry will increase by 12% to $38.3 billion in 2021. White Paper on China's Pet Healthy Consumption of JD shows that in 2023, there are 13.09 million pets entering middle age and old age. And pet aging is expected to be seen in the next few years. Changes in the age structure of pets will further bring about the development of the pet medical industry.
According to the data of the 2022 China Pet Medical Industry White Paper, from the perspective of market size, the scale of China's pet medical market is about ¥67.5 billion, accounting for about 22.5% of the entire pet industry. From the perspective of hospital operation time, pet hospitals within 5 years accounted for about 73%. About 11% of the pet hospitals have been in operation for more than 10 years. From the perspective of hospital turnover, nearly 40% of the hospitals have increased their annual turnover year-on-year, and the growth rate is mainly within 308%.
ReportPrime' newest research report, the “Animal Breeding Solutions Industry Forecast” looks at past sales and reviews total world Animal Breeding Solutions sales in 2024, providing a comprehensive analysis by region and market sector of projected Animal Breeding Solutions sales for 2025 through 2031.
This Insight Report provides a comprehensive analysis of the global Animal Breeding Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity.
This report presents a comprehensive overview, market shares, and growth opportunities of Animal Breeding Solutions market by product type, application, key players and key regions and countries.
Key Questions Addressed in this Report
- What is the expected growth rate of the Animal Breeding Solutions market?
- What are the key market trends shaping the Animal Breeding Solutions industry?
- Which regions are expected to see significant growth in the Animal Breeding Solutions market?
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