Pet DNA Testing Market Size, Share, GRowth, SWOT Analysis, PASTLE Analysis 2022-2030

The pet DNA testing market size had a value of approximately USD 0.321 billion in 2021, and it is anticipated to expand to approximately USD 0.641 billion by 2030. This growth is projected to occur at a compound annual growth rate (CAGR) of about 9.21% from 2022 to 2030.

In the past few years, pet owners' demand for genetic testing to find out about their pet's breed, health, and family tree has grown quickly. This has helped the global market for DNA testing on pets grow quickly as well. Pet DNA testing can be done with a simple saliva swab or blood test. This is a way to find out about a pet's genetic make-up that doesn't involve any invasive procedures. This knowledge can assist pet owners in making educated decisions regarding the care of their pets, such as the type of diet and exercise routine that is most appropriate for their animal companions.

Key Insights?

• As per the analysis shared by our research analyst, the global pet DNA testing market is estimated to grow annually at a CAGR of around 9.21% over the forecast period (2022-2030)
• In terms of revenue, the global pet DNA testing market size was valued at around USD 0.321 billion in 2021 and is projected to reach USD 0.641 billion, by 2030.
• The pet DNA testing industry is projected to grow at a significant rate due to the growing rate of pet adoption and care
• Based on end-user segmentation, pet owners were predicted to show maximum market share in the year 2021
• Based on sample-type segmentation, saliva was the leading sample in 2021
• On the basis of region, North America was the leading revenue generator in 2021

To know more about this report,?Request a sample copy

A variety of factors are driving the market for DNA testing of pets. Some of these factors are the growing number of people who own pets, the growing need for personalized pet care, and the growing importance of preventive medical care. The American Pet Products Association says that more than 67 percent of households in the U.S. have at least one pet, and they think that this number will keep going up in the years to come.It is possible that there will be a greater need for DNA testing of pets as the number of individuals who own pets increases.

The demand for personalized pet care is also one of the primary forces propelling the expansion of the market for pet DNA testing. More and more often, people who own dogs are looking for ways to give their animals specialized care that is tailored to match their particular requirements. DNA testing on pets has the potential to provide important information about their health, such as whether or not they are genetically predisposed to certain diseases, allergies, or other health problems. This knowledge can assist pet owners in making better educated decisions on the care of their animals, such as the sort of diet, supplements, and exercise routine that is most appropriate for their animal's specific needs.

The market for pet DNA testing is also growing because people are becoming more aware of the importance of preventive health care.Pet owners are turning to pet DNA testing as a way to uncover potential health issues before they become more serious as a result of a growing awareness of the significance of preventive care, which includes regular check-ups, immunisations, and screenings. Pet owners are able to take preventive actions to avoid or control certain disorders if they are able to discover genetic predispositions to particular diseases in their animals.

The global market for pet DNA testing is a very competitive one, with a variety of different companies offering a variety of different testing services. Wisdom Panel, Embark Veterinary, DNA My Dog, and Orivet Genetic Pet Care are just a few of the companies that have established themselves as leaders in this industry. These businesses provide a wide variety of testing services, such as breed identification, health screenings, and ancestry testing, among others.

Pet DNA testing firms often provide a variety of testing services, but one of the most in-demand ones is breed identification. This service takes a sample of a pet's DNA and analyses it to determine what breed or breeds it is. As a result, the service provides pet owners with important information about their pet's ancestry. With this information, owners of pets will be better able to comprehend their animal companion's personality characteristics, behaviour, and possible health problems.

Another common testing option provided by companies that specialize in DNA testing for pets is health screening. This service takes a sample of a pet's DNA and analyses it to determine whether or not the animal has a hereditary susceptibility to specific diseases, allergies, or other health problems. This information can help pet owners take preventative efforts to avoid or better manage these problems, ultimately benefiting their pet's quality of life as well as their own pet's general health and wellbeing.

Further, gaining popularity among pet owners is the practice of conducting genealogy research. This service takes a sample of a pet's DNA and traces its lineage back multiple generations. As a result, pet owners receive a more in-depth grasp of the genetic composition of their animal companions. This information can provide insight on the breed history of a person's pet, as well as help pet owners understand the personality features, behaviour, and potential health issues of their own animal companions.

This review is based on a report by Zion Market Research, titled?“Pet DNA Testing Market By Sample-Type (Semen, Saliva, Blood, and Others), By Animal (Dogs, Cats, and Others), By End-user (Veterinarians, Breeders, and Pet Owners), By Test (Genetic Diseases, Breed Profile, and Health & Wellness), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”-?Report at?https://www.zionmarketresearch.com/report/pet-dna-testing-market

In conclusion, the global market for pet DNA testing is an industry that is expanding at a rapid rate. This expansion is being driven by an increase in the ownership of pets, an increase in the demand for personalized pet care, and an increase in the emphasis placed on preventive healthcare. There is a good chance that demand for these services will continue to rise as more pet owners become educated about the advantages of DNA testing for their pets. Pet owners have more opportunities than ever before to acquire useful insights on their pet's genetic make-up and overall health thanks to the variety of testing services given by a number of different companies. These services can be found online.