Press release
Veterinary Artificial Reproduction Market to Cross US$ 2.22 billion at a CAGR value of 5.3% by 2030
According to Allied Market Research, the global veterinary artificial reproduction market is expected to reach $2.22 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030. Rise in adoption of veterinary artificial insemination and government support concerning animal health drive the growth of the market.Veterinary artificial insemination has improved significantly over the last three decades. Moreover, veterinary artificial insemination has come a long way as well. Although for years, the vast majority of breeding occurred by natural mating. Now, with the advanced reproduction technology at our disposal, researchers have been trying to understand animal physiology and managed to increase the odds of conception and fruitful pregnancy.
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The Covid-19 pandemic disrupted the supply chain and increased the prices of raw materials.
Moreover, the prolonged lockdown across several countries created a shortage of animal health products as nutritional feeds and vaccines across the globe.
There are many benefits of artificial insemination in pets and livestock. With the use of artificial insemination, there is little need for the maintenance of breeding bull for a herd, which reduces the cost of maintenance drastically. Moreover, it prevents the spread of certain diseases and sterility owing to genital diseases. The sperm of a high-quality bull can be used to inseminate over 20-25 cows simultaneously. With artificial insemination, cross-breeding is possible and leads to high-quality calves with superior genetic merit. Apart from this, specific mating and a shorter calving season are possible. Veterinary artificial reproduction enables testing of progeny at an early age and the use of old bulls.
However, the key to successful artificial insemination is timing. With the consultation of veterinary specialists, you can determine the best days to breed and the best approach to artificial insemination. If done right, veterinary artificial reproduction could help you improve the quality of livestock and maintain their health.
Contact:
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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