Global Pet DNA Testing Market to 2030: Rise in Consumer Genomics Drives Growth

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Global pet DNA test market

Global pet DNA test market

Global pet DNA test market

Dublin, June 05, 2023 (GLOBE NEWSWIRE) — The “Analysis Report on Pet DNA Testing Market Size, Share and Trends by Test Type (Genetic Diseases, Health and Welfare), by Animal Type ( dogs, cats), by sample type (Blood, Saliva), By End-user, And Segment Forecasts, 2023 – 2030″ report has been added to ResearchAndMarkets.com offer.

The global pet DNA testing market size is projected to reach USD 640.24 million by 2030, registering a CAGR of 9.20% from 2023 to 2030.

Companies mentioned

  • Wisdom Panel (Mars, Inc.)

  • Orivet Genetic Pet Care Limited

  • Embark Veterinary, Inc.

  • Dognomics (clinomics)

  • DNA MY DOG (Canadian Dog Group Ltd.)

  • Basepaws, Inc. (Zoetis)

  • Neogen Corporation

  • GENSOL DIAGNOSTIC, LLC

  • FidoCure (OHC)

  • PetDx

Key factors driving industry growth include an increase in consumer genomics, high pet spending and humanization of pets, increased awareness and sales of pet DNA testing products, and a increase in the number of research and development initiatives. Due to a significant increase in the pet adoption rate in recent years, families are spending more time and money on their mates.

According to the American Pet Products Association (APPA), US pet industry spending reached $123.6 billion in 2021 compared to $103.6 billion in 2020, an increase of 19%.

The COVID-19 pandemic has led to significant growth of the pet industry by setting new trends. Some notable trends were a sudden increase in the adoption of dogs and cats, an increase in humanization trends of pets with a large amount of time spent by owners at home, an increase in awareness among people about animal diseases households and on behavioral changes and the growth of e-commerce platforms.

High household income, changing financial situations, and remote working have also been among the strong factors responsible for the increased adoption of new pets during the pandemic. DNA testing has shown several potential benefits for pets by providing information owners need to prepare their pets for the future.

Knowing some inherited genetic disorders in advance allows owners to start early treatments, potentially also avoiding expensive medications or diagnostic bills later. Current generations are extensively active on social media, enabling them to quickly adapt to new pet trends. This factor is raising awareness among pet parents regarding pet breed testing products, their ease of use, and their huge applications. People spend large sums on various animal products.

Their keen interest in understanding pets’ ages, breed mix, and ancestral relationships allows owners to guess their pet’s behavioral patterns and begin the required training. Additionally, the growing interest of people in the United States in certain categories of pet breeds has increased the need for breed testing and its products among professional breeders.

Using pet DNA testing and genetic profiling prior to breeding procedures prevents breeders from producing puppies that are at high risk of disease. Due to these affirmative factors, awareness and sales of pet DNA testing products are expected to increase in the long run.

The companies have offered resources for home dog and cat DNA testing for breeders, pet owners, and veterinarians for over 15 years. Since the introduction of direct-to-consumer genetic testing products in 2009 by Mars Petcare, the industry has grown significantly with significant opportunity.

As the scope of human genomics and genetic testing expands, DNA profiling procedures in the veterinary industries are growing. As far as accuracy is concerned, home DNA sampling tests for pets have been proven to be reliable with hugely valuable information. For example, Embark Veterinary, Inc. says its breed profile tests are over 95%
accurate.

Pet DNA Testing Market Report Highlights

  • Dogs pet type segment accounted for largest revenue share in 2022 due to high dog adoption in the U.S.

  • The saliva sample type segment held the largest share in 2022 as saliva DNA testing is more popular and widely performed to predict the genetic makeup of pets

  • Based on the type of testing, genetic diseases segmented the industry in 2022. Genetic DNA profiling is now one of the standard of care in breeding programs, with mandatory requirements

  • Breeders around the world are trying to breed better dog or cat breeds with quality traits for each generation of owners to meet their needs

  • Furthermore, in addition to physical characteristics, such as quality fur color, eye color, height and weight, owners also look for animals with better health and talents in specific tasks

  • North America accounted for the largest revenue share in 2022, while Asia Pacific is expected to grow at the fastest CAGR from 2023 to 2030

Key Attributes:

Ratio attribute

Details

No. of pages

150

Forecast period

2022 – 2030

Estimated market value (USD) in 2022

$322.02 million

Projected market value (USD) by 2030

$640.24 million

Compound annual growth rate

9.2%

Regions covered

Global

Main topics covered:

Chapter 1 Methodology and purpose of the research

Chapter 2 Executive Summary

Chapter 3 Pet DNA Testing Market: Trends and Scope of Market Variables
3.1 Market Lineage Perspectives
3.1.1 Analysis of the main market
3.1.2 Accessories market analysis
3.2 Mapping of penetration and growth prospects
3.3 Market dynamics
3.3.1 Analysis of market drivers
3.3.2 Analysis of market restrictions
3.3.3 Analysis of market opportunities
3.3.4 Analysis of market challenges
3.4 Industry analysis
3.5 Estimated Pet Population, 2018-2022, by Key Species and Key Countries
3.6 Regulatory and Reimbursement Landscape
3.7 Price analysis
3.8 Analysis of the user’s perspective
3.9 Analysis of the impact of COVID-19

Chapter 4 Pet DNA Testing Market – Animal Type Analysis
4.1 Livestock Market Share Analysis, 2022 & 2030
4.2 Pet DNA Testing Market – Animal Type Movement Analysis, 2018 to 2030
4.3 Dogs
4.3.1 Dogs Market Estimates and Forecasts, 2018-2030 (USD Million)
4.4 Cats
4.4.1 Cats Market Estimates and Forecasts, 2018-2030 (USD Million)

Chapter 5 Pet DNA Testing Market: Sample Type Analysis
5.1 Sample Type Market Share Analysis, 2022 & 2030
5.2 Pet DNA Testing Market: Sample Type Movement Analysis, 2018 to 2030
5.3 Blood
5.3.1 Blood Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4 Saliva
5.4.1 Saliva Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5 Sperm
5.5.1 Sperm Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6 Others
5.6.1 Other Market Estimates and Forecasts, 2018-2030 (USD Million)

Chapter 6 Pet DNA Testing Market: Test Type Analysis
6.1 Test Type Market Share Analysis, 2022 & 2030
6.2 Pet DNA Testing Market – Test Type Movement Analysis, 2018 to 2030
6.3 Breed profile
6.3.1 Breed Profile Market Estimates and Forecasts, 2018-2030 (USD Million)
6.4 Genetic diseases
6.4.1 Genetic Diseases Market Estimates and Forecasts, 2018-2030 (USD Million)
6.5 Health and Welfare
6.5.1 Health and Wellness Market Estimates and Forecasts, 2018 – 2030 (USD Million)

Chapter 7 Pet DNA Testing Market: End User Analysis
7.1 End User Market Share Analysis, 2022 & 2030
7.2 Pet DNA Testing Market – End User Movement Analysis, 2018 to 2030
7.3 Pet Owners
7.3.1 Pet Owners Market Estimates and Forecasts, 2018-2030 ($ Million)
7.4 Breeders
7.4.1 Livestock Market Estimates and Forecasts, 2018-2030 ($ Million)
7.5 Veterinarians
7.5.1 Veterinarians Market Estimates and Forecasts, 2018-2030 (USD Million)

Chapter 8 Pet DNA Testing Market: Regional Market Analysis, 2018-2030 (USD Million)

Chapter 9 Pet DNA Testing Market: Competitive Landscape

For more information about this report, please visit https://www.researchandmarkets.com/r/sf8685

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