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Pet DNA Testing Market Size

Report ID: GMI10402 Published Date: July 2024Report 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

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.

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.

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Why is pet DNA testing gaining traction in dogs segment?+

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.

What is the size of pet DNA testing market?+

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.

How big is North America pet DNA testing industry?+

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.

Who are the key players in pet DNA testing industry?+

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.).

Pet DNA Testing Market Scope

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