Press release
Rising Need to Multiply Livestock for Enhanced Yield Boosting Veterinary Artificial Insemination Market Growth
250 Pages Veterinary Artificial Insemination Market Survey by Fact MR, A Leading Business and Competitive Intelligence ProviderAccording to Fact MR's recent market research, sales of Veterinary Artificial Insemination to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.
Focus on improving overall patient care will remain a chief growth driver. Besides this, Veterinary Artificial Insemination market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.
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The veterinary artificial insemination market is forecast to garner a market value of US$ 3.16 Bn in 2022, anticipated to register a positive CAGR of 5.2% in the forecast period 2022-2032 and reach a value of US$ 5.24 Bn.
Report Attributes Details
Veterinary Artificial Insemination Market Size (2022) US$ 3.16 Bn
Sales Forecast for Veterinary Artificial Insemination (2032) US$ 5.24 Bn
Global Market Growth Rate (2022 to 2032) 5.2% CAGR
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Key Market Segments in Veterinary Artificial Insemination Industry Research
By Animal Type
Cattle Veterinary Artificial Insemination
Swine Veterinary Artificial Insemination
Ovine & Caprine Veterinary Artificial Insemination
Equine Veterinary Artificial Insemination
Other Animal Veterinary Artificial Insemination Types
By Product
Normal Semen
Sexed Semen
By End User
Veterinary Artificial Insemination for Animal Husbandry
Veterinary Artificial Insemination for Other End Users
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Key Takeaways from the Market Study
Global veterinary artificial insemination market to be valued at US$ US$ 3.16 Bn in 2022
U.S to be an opportunistic market, expected to accumulate 30% of the global revenue
Asia Pacific to exhibit the highest growth rate, at a CAGR of over 7% from 2022 to 2032
By product type, natural semen is anticipated to account for 4 out of 5 sales in 2022
Cattle veterinary artificial insemination to comprise over 36% of the market revenue
Animal husbandry to be the primary end user of veterinary artificial insemination, accumulating 78.1% revenue
"To fulfill the continuously increasing demand for meat and dairy products, market players are expanding artificial insemination solutions to breed high-quality livestock and enhance production. Government schemes supporting the farmers in the emerging economies are projected to drive the market through 2032", says a Fact.MR analyst.
Competitive Landscape
Some prominent manufacturers of veterinary artificial insemination are Genus; URUS Group LP; CRV; SEMEX; Viking Genetics; Select Sires Inc.; Swine Genetics International; Shipley Swine Genetics; Stallion AI Services Ltd; and STgenetics. Frontrunners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies. Some notable developments are as follows:
In January 2022, Semex and Nedap announced the expansion of their successful partnership. The Semex ai24® program with Nedap technology is now available in more countries, enabling dairy farmers to significantly improve their herd performance and profitability.
In September 2021, LIC- an agritech co-operative based in New Zealand launched a sexed semen lab in the country to meet the growing demand. This boosted the co-operative's capabilities to artificially inseminate about 4.5 million cattle between Spring mating season of September to December 2021.
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Report Benefits & Key Questions Answered
Veterinary Artificial Insemination Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
Veterinary Artificial Insemination Historical volume analysis: The report provides a comparison of Veterinary Artificial Insemination's historical sales and projected sales performance for 2021-2031.
Veterinary Artificial Insemination Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Veterinary Artificial Insemination market. It carefully gauges the impact of changing healthcare needs of key demographics globally.
Veterinary Artificial Insemination Consumption by demographics: The report investigates consumer behavior affecting Veterinary Artificial Insemination demand outlook for the assessment period. Effect of their keenness for digital trends on Veterinary Artificial Insemination market is carefully analyzed.
Post COVID consumer spending on Veterinary Artificial Insemination: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Veterinary Artificial Insemination market growth.
More Valuable Insights on Veterinary Artificial Insemination Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Veterinary Artificial Insemination, Sales and Demand of Veterinary Artificial Insemination, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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