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Explore The Veterinary Artificial Insemination Market With A Focus On Emerging Trends, Growth Drivers, And Industry Demand
The new report published by The Business Research Company, titled "Veterinary Artificial Insemination Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the veterinary artificial insemination market size has grown strongly in recent years. It will grow from $4.03 billion in 2023 to $4.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The veterinary artificial insemination market size is expected to see strong growth in the next few years. It will grow to $5.76 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
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Driving Veterinary Artificial Insemination Market Growth Through Increased Demand For Animal Protein
Demand for animal protein is expected to propel the growth of the veterinary artificial insemination market going forward. Animal protein is a form of protein source derived from animals. It is a complete protein that supplies the body with all amino acids. Due to such benefits, there is an increased demand for veterinary artificial insemination to produce more animals in a shorter duration. For instance, in February 2021, according to an article published by The Culinary Institute of America, a private institution for food and wine education, the average adult male American consumes 75% more protein than is required, while the average adult female American consumes 50% based foods, such as meat, fish, poultry, eggs, and dairy. Therefore, the demand for animal protein is driving the growth of the veterinary artificial insemination market.
Innovative Initiatives In Veterinary Artificial Insemination And Livestock Care Services
Major companies and governments operating in the veterinary artificial insemination market are focused on developing innovative products, such as livestock care services, to provide reliable services to customers. Livestock care services encompass a wide range of professional practices to promote farm animals' health, well-being, and productivity. These services are essential for maintaining sustainable and profitable livestock production, ensuring the safety of animal products, and safeguarding public health. For instance, in April 2023, the Government of Himachal Pradesh, an India-based supreme governing authority, launched Project Sanjeevani. It is uniquely designed to provide doorstep veterinary services, particularly in remote areas. The project addresses livestock owners' challenges in accessing timely and quality veterinary care. By leveraging teleconsultation and mobile applications, veterinary professionals can connect with farmers in remote areas, provide real-time advice, and facilitate timely interventions. The doorstep veterinary services are expected to provide curative treatment, vaccination, artificial insemination, preventive care, and all animal husbandry-related information.
The veterinary artificial insemination market covered in this report is segmented -
1) By Product: Normal Semen, Sexed Semen
2) By Animal Type: Cattle, Swine, Ovine And Caprine, Equine, Other Animal Types
3) By Technique: Intracervical Insemination, Intrauterine Insemination, Intrauterine Tub Peritoneal Insemination, Intratubal Insemination
4) By End-Users: Veterinary Hospitals, Veterinary Clinics, Other End Users
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Major companies operating in the veterinary artificial insemination market report are Swine Genetics International, Semex, Gènes Diffusion, CRV Holding B.V., Select Sires Inc., Shipley Swine Genetics, STgenetics, Hamilton Thorne Inc., Microptic, Medical Electronic Systems LLC., Magapor S.L., CooperSurgical Inc., Proiser, Zoetis India Limited, GenePro Inc., IMV Technologies, Neogen Corporation, Bovine Elite LLC., Agtech Inc., Sires SEMEX, Genex Cooperative Inc., Alta Genetics Inc., ABS Global Inc., Cogent Breeding Ltd., Viking Genetics, Inseme S.r.l., Semen Cardona S.L., Genus plc, Trans Ova Genetics, Cattle Genetics Ltd., Cattle Breeding Services
Contents of the report:
1. Executive Summary
2. Veterinary Artificial Insemination Market Report Structure
3. Veterinary Artificial Insemination Market Trends And Strategies
4. Veterinary Artificial Insemination Market - Macro Economic Scenario
5. Veterinary Artificial Insemination Market Size And Growth
…..
27. Veterinary Artificial Insemination Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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