Asia-Pacific Livestock Diagnostics Market by Product (Consumables {Swine Fever, Influenza}, System, Software), Technology (Immunodiagnostics {ELISA, LFA}, PCR), Animal Type (Swine, Bovine, Poultry), End User (POC, Veterinary Hospital) - Forecast to 2030

The Asia-Pacific Livestock Diagnostics Market is expected to record a CAGR of 10% from 2024 to 2030, reaching $501.8 million by 2030. Livestock serves as a major sector as a financial resource for the agriculture-based economy of Asia-Pacific. The countries in Asia-Pacific have a major focus on the production, consumption, and export of food-derived products. In order to ensure the highest quality of products derived from animals, superior animal health is essential. Diagnostics is crucial to keep animals healthy by enabling early disease diagnosis and stopping the disease spread amongst animals. Technologies such as immunodiagnostics and molecular Diagnostics are used to diagnose diseases such as influenza, swine fever, brucellosis, and new castle diseases, among others.

The growth of this market is driven by the growing demand for animal-derived food products, the increasing prevalence of transboundary and zoonotic diseases, and favorable government initiatives. Additionally, increasing awareness regarding animal health amongst farmers is expected to create growth opportunities for the stakeholders in this market. However, the dearth of veterinary practitioners for livestock animals restrains the growth of this market. Moreover, the lack of well-developed animal health infrastructure in the region poses a challenge for the market.

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Rising Demand for Animal-derived Food Products to Drive the Market

The demand for animal-derived food products, namely meat, milk, and eggs, has increased. The demand for animal-derived foods is naturally growing due to the decrease in agricultural productivity due to the shrinking of resources and reduced availability of cultivable land. Foods derived from animals are a major source of protein, and a protein-rich diet is essential to lead a healthy life.

Consumption of animal proteins is stable (around 44 to 55 g/capita/day) in developed countries, while consumption is increasing in developing regions, including the Asia-Pacific region. For instance, according to the OECD-FAO Agricultural Outlook 2021-2030, meat consumption is expected to grow by 18 % in the Asia-Pacific region by the year 2030. Farmers are expected to increase livestock populations to meet the increasing demand for animal-derived foods. Increased livestock production will encourage the adoption of diagnostic testing for livestock. Diagnostic testing helps detect diseases early and starts a proper treatment to ensure the safety and quality of animal-derived food products by preventing the spread of diseases. This is one of the major factors driving the market growth.

Increasing Prevalence of Transboundary and Zoonotic Diseases Drives the Market

Over the last century, there has been an alarming increase in the number, frequency, and diversity of zoonotic disease outbreaks. Caused by the spillover of pathogens from animal hosts to people, these events may have more than tripled in the last decade, with the number of new zoonotic diseases infecting people quadrupling over the same period globally.

One of the most common diseases affecting livestock in the Asia-Pacific region is African swine fever (ASF). There have been several recorded instances of outbreaks and infections of ASF in Asian countries. For instance, according to the FAO, 9 ASF outbreaks were reported in South Korea from January to August 2024. Similarly, in Capiz Province of the Philippines, since the first case detection of ASF in February, as of 7 June 2024, more than 50 percent of pig raisers’ pigs are affected by ASF. Such outbreaks and repeated instances of infections call for rapid and early testing to curb the spread of infections, leading to the adoption of livestock diagnostic tests in the Asia-Pacific region.

Key Findings of the Asia-Pacific Livestock Diagnostics Market Study:

The Consumables Segment to Dominate the Livestock Diagnostics Market in 2024

Being recurrent in nature, their demand increases with rising livestock diagnostic tests volume and growing awareness regarding regular animal health check-ups and increasing livestock population. Moreover, the emergence of various POC tests and assays is expected to create significant opportunities in the livestock diagnostics market.

The Immunodiagnostics Segment to Account for the Largest Market Share in 2024

Immunodiagnostics is a preferred technology in diagnostics as well as for quality-control programs as they are rapid, convenient, and accurate research tools for the detection and quantitation of targets. Further, the continuous development of new biomarkers & their cost-benefit and growing adoption of automated platforms for ELISA contribute to the large share of the segment.

Ruminants Segment to Account for the Largest Market Share in 2024

The segment's large share is attributed to the high prevalence of diseases in ruminants and the large population base of ruminants in Asian countries. For instance, according to the United States Department of Agriculture, as of 2024, India and China account for 32.6% and 10.7% of the world’s cattle inventory. Moreover, the need for constant health monitoring of ruminants to ensure high productivity and superior quality of foods derived from the animals for domestic as well as export activities also contributes to the large segment share.

Reference Laboratories Segment to Account for the Largest Market Share in 2024

The segment's large share is attributed to the higher adoption of livestock diagnostic products by reference laboratories, growing research activities in these labs leading to advancements in the existing procedures used for animal health diagnosis, and growing preference for clinics, small to mid-sized hospitals, and farm owners towards utilizing health screening and diseases diagnostic services offered by reference laboratories for complex tests.

Japan to Dominate the Market in 2024

In 2024, Japan is expected to dominate the Asia-Pacific Livestock Diagnostics Market. The large share is attributed to the rising awareness programs & initiatives conducted by the government, well-developed healthcare infrastructure, a well-developed beef industry in Japan, and large production of highest quality beef products for exports. According to the U.S. Meat Export Federation, beef exported by Japan to the U.S. accounted for 320 ,737 metric tons in 2021, which increased by 5% compared to the previous year.

Key Players

The report offers a competitive landscape based on an extensive assessment of the product portfolio offerings, geographic presence, and key strategic developments adopted by leading market players in this market in the last three to four years. The key players profiled in the Asia-Pacific Livestock Diagnostics Market are IDEXX Laboratories, Inc. (U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France), INDICAL BIOSCIENCE GmbH (Germany), Neogen Corporation (U.S.), BioNote, Inc. (South Korea), Ring Biotechnology Co Ltd. (China), and GD Animal Health (Netherlands).

Scope of the Report:

Asia-Pacific Livestock Diagnostics Market Assessment, by Product

• Consumables
  • Swine Fever
  • Bovine Viral Diarrhea
  • Influenza
  • Foot and Mouth Disease
  • Porcine Reproductive and Respiratory Syndrome
  • Blue Tongue
  • Other diseases
    (Note: Other diseases include Bovine herpes virus (BHV), Brucellosis, and Avian Mycoplasma, among others.)
• Systems
• Software

Asia-Pacific Livestock Diagnostics Market Assessment, by Technology

• Immunodiagnostics
  • ELISA
  • Lateral Flow Assays
  • Other Immunodiagnostic Technologies
    (Note: Other immunodiagnostic technologies include virus neutralization test, hemagglutination inhibition assay, and agar gel immunodiffusion test, among others.)
• Molecular Diagnostics
  • PCR
  • Other Molecular Diagnostic Technologies
    (Note: Other molecular diagnostic technologies primarily include microarrays, DNA sequencing, and next-generation sequencing, among others.)
• Clinical Biochemistry
• Other Technologies
  (Note: Other technologies primarily include microbiology, hematology, urinalysis, and histopathology tests)

Asia-Pacific Livestock Diagnostics Market Assessment, by Animal Type

• Ruminants
  • Bovine Animals
  • Other Ruminants
    (Note: Other Ruminants include sheep, goats, deer, elk, giraffes, and camels)
• Poultry
• Swine
• Other Livestock
  (Note: Other livestock include zoo animals, equine, fish)

Asia-Pacific Livestock Diagnostics Market Assessment, by End Users

• Veterinary Hospitals & Clinics
• Reference Laboratories
• Point-of-care/At-farm Testing

Asia-Pacific Livestock Diagnostics Market Assessment, by Geography

• Japan
• China
• India
• South Korea
• Australia
• Indonesia
• Vietnam
• Thailand
• Malaysia
• Singapore
• Philippines
• Rest of Asia-Pacific

Key Questions Answered in the Report: