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Pet DNA Testing Market Size

Report ID: GMI10402
Published Date: Jul 2024
Report Format: PDF

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Pet DNA Testing Market Size

Pet DNA Testing Market size accounted for market size of USD 351.6 million in 2023 and is poised to remarkably grow at a rate of 9% from 2024 to 2032. Technological advancements in genetic testing, particularly in genomics, have driven the growth of the animal genetics market.

Pet DNA Testing Market

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These advancements have not only slashed costs but also bolstered accuracy. Consequently, pet DNA tests have become more accessible and affordable, propelling market expansion. Manufacturers are now offering comprehensive genetic testing aids, shedding light on breed identification, health predispositions, and ancestry, catering to a broad spectrum of pet owners.

Pet DNA Testing Market Report Attributes
Report Attribute	Details
Base Year:	2023
Pet DNA Testing Market Size in 2023:	USD 351.6 Million
Forecast Period:	2024-2032
Forecast Period 2024-2032 CAGR:	9%
2032 Value Projection:	USD 755.7 Million
Historical Data for:	2021-2023
No. of Pages:	150
Tables, Charts & Figures:	267
Segments covered:	Pet Type, Testing Type, Sample Type, End-user, and Region
Growth Drivers:	Rising awareness of genetic health issues in pets Expansion of e-commerce platforms Availability of easy-to-use at-home testing kits
Pitfalls & Challenges:	Complexity of genetic data interpretation

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Rising awareness of hereditary conditions and the significance of preventive healthcare, especially among veterinarians and pet owners, further propels the market. Pet DNA tests, by pinpointing genetic markers for diseases, empower proactive health management, allowing for timely interventions. The surge in popularity of at-home testing kits has also been a significant driver, as they offer a convenient means for owners to delve into their pets' genetic details.

Pet DNA testing, a process that involves analyzing an animal's genetic material, unveils its breed composition, ancestry, and potential health risks. Typically, a DNA sample is collected through a cheek swab and then analyzed in a lab, providing a comprehensive genetic profile. Armed with this information, both pet owners and veterinarians can tailor decisions on diet, exercise, and preventive healthcare, ultimately enhancing the pet's overall well-being.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market was worth USD 351.6 million in 2023 and is poised to remarkably grow at a rate of 9% through 2032, owing to technological advancements in genetic testing, particularly in genomics.

The dogs segment held the highest market share of 72.4% in 2023 as dogs boast a wide array of breeds and genetic backgrounds, compelling owners to turn to DNA tests for a comprehensive understanding of their pets' lineage.

In 2023, North America pet DNA testing market reached a value of USD 139.2 million, with a projected CAGR of 8.9% from 2024 to 2032, backed by high rate of pet ownership, advanced veterinary care infrastructure, and a growing awareness among pet owners regarding proactive pet health management.

Ancestry, Basepaws, Inc. (Zoetis), DNA MY DOG (Canadian Dog Group Ltd.), Dognomics (Clinomics), Embark Veterinary, Inc., FidoCure (OHC), GenSolDiagnostics, LLC, Neogen Corporation, Orivet Genetic Pet Care Ltd., and Wisdom Panel (Mars, Inc.).