Veterinary Artificial Insemination Market Size Worth $12.02 Billion By 2032 | CAGR: 5.97%

Veterinary Artificial Insemination Market Size Worth $12.02 Billion By 2032 | CAGR: 5.97%


The global veterinary artificial insemination market size is expected to reach USD 12.02 billion by 2032, according to a new study by Polaris Market Research. The report “Veterinary Artificial Insemination Market Share, Size, Trends, Industry Analysis Report, By Solutions (Equipment & Consumables, Semen), By Animal Type (Bovine, Swine), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Burden of sexually transmitted diseases, such as vibriosis and bovine trichomoniasis, can lead to significant production losses, emphasizing the need to protect farm animals from these diseases. Moreover, there is a global increase in demand for superior animal breeds, which is driving the demand for artificial insemination procedures. Additionally, the growing human population worldwide is creating advantages such as reduced housing costs, improved bull utilization efficiency, enhanced safety for farmers and animals, genetic selection opportunities, and better bull management practices, all of which are expected to drive market growth in the future.

The utilization of artificial insemination in veterinary animals plays a crucial role in reducing the transmission of diseases. It offers increased efficiency in terms of genetic improvement and crossbreeding of animals. A June 2022 article titled "Success rate of artificial insemination, reproductive performance, and economic impact of the failure of first service insemination: a retrospective study" highlights the widespread application of artificial insemination (AI) in farm animals in Ethiopia. AI is recognized as the most effective technique for enhancing reproductive capacity. The success of AI is influenced by various factors such as endometrial thickness, timing of insemination, frequency of insemination, and ovarian stimulation protocols.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/veterinary-artificial-insemination-market/request-for-sample

Market is experiencing growth due to the increasing number of hospitals and veterinarians offering artificial insemination services. In India, for example, the Animal Husbandry, Dairying, and Fisheries Department's 2020-2021 report stated that field institutions of the department provided breeding services to the cattle population. Additionally, artificial insemination services were provided for cattle and buffaloes at a cost of INR 10 per insemination. The report indicated that a total of 48.88 lakh artificial inseminations were conducted during the 2019-2020 period.

Moreover, in February 2019, a research article authored by M.A. Hannan et al. was published in the Journal of Veterinary Medical Science. The article highlights the benefits of using frozen semen for artificial insemination in embryo transfer procedures to enhance the productivity of Japanese domestic and special riding horses in Japan.

Veterinary Artificial Insemination Market Report Highlights

  • Bovine segment held the largest share, owing to rise in consumption of meat and meat based processed foods
  • Services segment recorded steady growth, primarily due to rise in service providers offering genetic consultations
  • Private clinics segment garnered the largest share, as they offer better services and have better success rate
  • The global key market players include Genus, Select Sires, Swine Genetics, URUS Group, CRV, SEMEX, IMV Technologies, Shipley Swine Genetic, Stallion AI Services, and STgenetics.

Polaris Market Research has segmented the veterinary artificial insemination market report based on solution, animal type, distribution channel, and region:

Veterinary Artificial Insemination, Solution Outlook (Revenue - USD Billion, 2023 - 2032)

  • Equipment & Consumables
  • Semen
    • Normal
    • Sexed
  • Services

Veterinary Artificial Insemination, Animal Type Outlook (Revenue - USD Billion, 2023 - 2032)

  • Bovine
  • Swine
  • Ovine & Caprine
  • Equine
  • Others

Veterinary Artificial Insemination, Distribution Channel Outlook (Revenue - USD Billion, 2023 - 2032)

  • Private
  • Public

Veterinary Artificial Insemination, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Veterinary Artificial Insemination Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 7.13 billion

Revenue forecast in 2032

USD 12.02 billion

CAGR

5.97% from 2023 – 2032

Base year

2022

Historical data

2021 – 2022

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Solution, By Animal Type, By Distributing Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Genus, Select Sires, Swine Genetics, URUS Group, CRV, SEMEX, IMV Technologies, Shipley Swine Genetic, Stallion AI Services, and STgenetics.

For Specific Research Requirements

Request for Customized Report

License and Pricing

Purchase Report Sections

  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
Request for Discount Pricing