Animal Pregnancy Kit Market
Get a free sample of this report
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Request Sectional Data
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Animal Pregnancy Kit Market size was valued at USD 78.9 million in 2023 and is estimated to grow at a CAGR of 4.8% between 2024 and 2032. Farmers and livestock producers are increasingly adopting advanced reproductive technologies to enhance breeding efficiency and maximize productivity. This trend has fuelled the demand for animal pregnancy kit, which offer a reliable and convenient way to diagnose pregnancy in animals.
Also, the upward trend in veterinary care spending is another crucial factor driving the market's growth. Pet owners are increasingly investing in the health and well-being of their animal companions, leading to a surge in the adoption of advanced diagnostic tools, including pregnancy kits, to ensure optimal care and management of pregnant animals. Additionally, technological advancements in the development of pregnancy detection kits, including the integration of advanced diagnostics and user-friendly features is expected to contribute to the market's expansion.
Animal pregnancy testing is one method of monitoring reproductive efficiency and detecting any problems early in the breeding cycle. The test is based on antibodies raised against a subset of pregnancy-associated glycoprotein (PAG) that are expressed early during pregnancy and cleared rapidly from the blood of postpartum animals.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Animal Pregnancy Kit Market size in 2023: | USD 78.9 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2023 - 2032 CAGR: | 4.8 |
2023 Value Projection: | USD 119.6 Million |
Historical Data for: | 2018 – 2023 |
No of Pages: | 160 |
Tables, Charts & Figures: | 291 |
Segments Covered: | Product, Animal Type, Distribution Channel, and Region |
Growth Drivers: |
|
Pitfalls Challenges: |
|
However, while these kits are designed to detect pregnancy in animals, their reliability can vary, leading to potential inaccuracies in results. Factors such as timing, hormonal fluctuations, and the specific species of the animal can contribute to false positives or negatives. Thus, lack of accuracy of available test kits may hamper the market progress.
Based on product, the market is segmented into enzyme-linked immunoassay test kits, pregnancy test kit cassettes, and pregnancy test kit strips. The enzyme-linked immunoassay test kits segment held largest business share of 44.2% in 2023.
Based on animal type, the animal pregnancy kit market is classified into companion animals and food producing animals. The companion animal’s segment is further categorised into dogs, cats, and mares. The companion animal’s segment was valued at USD 45.4 million in 2023.
Based on distribution channel, the animal pregnancy kit market is segmented into veterinary hospital pharmacies, retail stores, and e-commerce platforms. The veterinary hospital pharmacies segment is anticipated to grow at a CAGR of 4.4% between 2024 – 2032 to reach USD 62.3 million by 2032.
In 2023, North America held a significant share of 38.7% in the global animal pregnancy kit market.
The market is characterized by diverse players competing in the industry. Player such as Zoetis, Inc., IDEXX Laboratories, Inc., and J&G BIOTECH LTD, account for significant market share. These prominent players adopt a combination of strategic initiatives such as collaboration & partnership, global expansion, research and development, product diversification, etc. to maintain a competitive edge in the market.
Foremost players operating in the animal pregnancy kit industry are as mentioned below:
Market, By Product
Market, By Animal Type
Market, By Distribution Channel
The above information is provided for the following regions and countries:
Who are the key players in the global animal pregnancy kit industry?
In 2023, North America animal pregnancy kit market share was 38.7% attributed to a well-established veterinary healthcare infrastructure, advanced technological capabilities, and high demand for sophisticated animal reproductive management tools.
The veterinary hospital pharmacies segment is anticipated to observe 4.4% CAGR between 2024 and 2032, attributed to specialized expertise in veterinary medicine, the availability of a wide range of diagnostic tools, and a strong relationships with both veterinarians and pet owners.
What is the size of the animal pregnancy kit market?