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Transgenic Animal Market Competitive Landscape, Size, Segments, and Growth by 2031
3 months ago
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Transgenic Animal Market Competitive Landscape, Size, Segments, and Growth by 2031

The transgenic animal market is growing at a high rate due to increasing demand for genetically modified organisms (GMOs) in a range of industries such as agriculture, medicine, and research. Transgenic animals, which are genetically engineered to contain genes from other organisms, are used for various applications such as the production of pharmaceutical proteins, disease resistance, and enhanced agricultural traits. The market for transgenic animals globally is expected to record a compound annual growth rate (CAGR) of 11.60% from 2024 to 2031, from US$ XX million in 2024 to US$ XX million in 2031. The technological revolution, increased research activities, and rising demand for more productive agricultural processes are some of the factors driving this robust growth

Transgenic Animal Market Owerwiew 

The transgenic animal business involves the generation and use of genetically modified animals for research, farm, and drug applications. The animals are made to have certain desired traits, such as resistance to disease, enhanced growth, or the ability to generate therapeutic proteins, often through methods such as microinjections. With the increasing demand for biopharmaceuticals, advancements in genetic engineering equipment, and increased agricultural needs, the market will increase at a CAGR of 11.60% throughout the forecast period and will be worth US$ 11 million by 2031.

Transgenic Animal Market Drivers and Trends

  • Growing Demand for Biopharmaceuticals: Transgenic animals have revolutionized the biopharmaceutical industry. These animals, such as genetically modified goats, cows, and pigs, are being used to produce valuable proteins, hormones, and vaccines that would otherwise be unattainable. For instance, transgenic goats can secrete spider silk proteins in milk, 

  • Improvements in Genetic Engineering Technologies: The development of CRISPR-Cas9 and other gene-editing technologies has made it more feasible and less expensive to create transgenic animals. These technologies have significantly reduced the time and cost involved in modifying the genetic makeup of animals. 

  • Increasing Focus on Disease Resistance and Livestock Improvement: In agriculture, genetically modified animals are being developed with traits of disease resistance, improved growth rates, and higher productivity. For example, genetically modified fish like AquAdvantage salmon have a higher growth rate than conventional salmon

  • Growing Number of Research Applications: Demand for transgenic animals is on the rise in medical research, particularly in modeling human diseases, genetics, and drug testing. They are effective models of complex diseases like cancer, Alzheimer's disease, and cardiovascular diseases. 

Transgenic Animal Market Segmentation

The transgenic animal market can be segmented based on species, application, and geography.

By Products

  • PCR

  • Gene Gun

  • Microinjections

  • Electroporator

By Techniques

  • Gene Transfer

  • Embryonic Stem Cell-Mediated Gene Transfer

  • DNA Microinjection

By Application

  • Recombinant Human Proteins

  • Monoclonal Antibodies

  • Xenotransplantation

By Model Organisms

  • Mice

  • Rabbit

  • Cows0

Transgenic Animal Market Forecast

The global transgenic animal market is expected to increase by leaps and bounds over the forecast period. The market is predicted to value US$ XX million in 2024 and US$ XX million by 2031, at a CAGR of 11.60%. The market expansion is a result of increasing demand for genetically modified organisms in various industries, development in genetic engineering technologies, and increased investments in biotechnology and pharmaceutical sectors around the world.

Conclusion

The transgenic animal market will experience high growth in the period 2024-2031, as growth in technology and increasing demand for biopharmaceuticals and improved agricultural practices will drive the market. The market growth is also supported by the increasing number of research applications of transgenic animals. However, regulatory approval problems, ethical concerns, and costly development must be addressed for the market to achieve its full potential. The market, growing at a CAGR of 11.60%, is expected to rise from US$ XX million in 2024 to US$ XX million by 2031, presenting lucrative opportunities for pharmaceutical and biotechnology companies.

FAQs

What are transgenic animals?
Transgenic animals are genetically modified organisms with genes from another species to have certain characteristics for research,

What is driving the expansion in the transgenic animal market?
The expansion is driven by technological advancements in genetic engineering, increased demand for biopharmaceuticals,

Which transgenic animal is most utilized in research?
Mice are the most widely used transgenic animals utilized in genetic studies and biomedical purposes due to their closeness to human genes.

Why are transgenic animals used?
Transgenic animals have uses in research, pharmaceuticals, and agriculture, including breeding disease-resistant farm animals and manufacture of pharmaceutical proteins.

Which regions are responsible for driving the market for transgenic animals?
North America controls the biggest chunk, with the Asia-Pacific region as the second-highest. 

Transgenic animal market size?
Transgenic animal markets in the world are expected to increase from US$ XX million in 2024 to US$ XX million in 2031, registering a CAGR of 11.60%.

How does transgenic animals impact agricultural practices?
Transgenic animals in farming are genetically modified to enhance such traits as disease resistance and rates of growth, thereby enhancing the efficiency of food production.

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