Veterinary Artificial Insemination Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Swine Genetics, Xcell Breeding and Livestock Services, Select Sires

Registering a CAGR of 4.66% over the forecast period, the market value of Veterinary Artificial Insemination is expected to reach US$ 5,069.20 million in the year 2027.

Veterinary Artificial Insemination Market Overview

For more than 60 years, the artificial insemination technique has been commercially available and has been used very successfully in the cattle and dairy industries. Various factors, such as the risks associated with animal breeding and disease transmission, are driving market growth. The use of AI technology to increase productivity is boosting the market for veterinary artificial insemination. Female offspring born via artificial insemination produce more milk than normal offspring. The use of antibiotic-containing sperm extenders is also beneficial in preventing the spread of bacterial diseases. Furthermore, the entire AI procedure is thought to be far more sanitary than natural mating.

The demand for the genetically superior breed of animals is increasing, which in turn is increasing the demand for artificial insemination procedures in animals. The industry players are continuously trying to develop new products along with partnerships, collaboration, and acquisitions to sustain their market share. For instance, in August 2020, Cogent collaborated with AB Europe, a sheep breeding company, to launch a novel sexed semen service for sheep producers in the U.K. In May 2018, Recombinetics partnered with SEMEX for the implementation of a precision breeding program that improved animal health and well-being through hornless dairy cattle genetics.

The report aspects discussed the profile of the top manufacturers of the global Veterinary Artificial Insemination market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Veterinary Artificial Insemination Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Industry News and Updates:

11 August 2020: Cogent collaborated with AB Europe, a sheep breeding company--

Cogent collaborated with AB Europe, a sheep breeding company, to launch a novel sexed semen service for sheep producers in the U.K. In May 2018, Recombinetics partnered with SEMEX for the implementation of a precision breeding program that improved animal health and well-being through hornless dairy cattle genetics. In a sheep industry first, breeding company, AB Europe, has teamed up with bovine genetics specialists, Cogent, to launch a new sexed semen service for UK sheep producers. Sexed semen has long been an evolving technology in the world of cattle genetics and now accounts for 30 per cent of inseminations, but despite first being carried out in sheep 30 years ago commercialization has been slow.

May 16, 2019: Genus and PIC enter into a strategic collaboration with BCA in China--

Global animal genetics company, Genus plc has entered into a strategic collaboration with Beijing Capital Agribusiness Co. Ltd, a leading Chinese animal protein genetics business, to research, develop, register and market elite pigs in China that are resistant to porcine reproductive and respiratory syndrome virus. 

What are the major Applications, Types and Regions for Veterinary Artificial Insemination Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Cattle


• Swine


• Sheep


• Canine


• Others

By Application, it is segmented into

• Veterinary Hospitals


• Animal Husbandry


• Others

Market Segment Analysis

• The cattle category dominated the veterinary artificial insemination market, accounting for more than 36.0% of revenue in 2021. On the other hand, t he swine segment, is expected to develop at the fastest rate throughout the forecast period, at more than 6.0%.


• In 2021, the animal husbandry category dominated the market for veterinary artificial insemination, accounting for around 78.1% of total revenue. The majority of semen collection and AI operations are done on-site in breeding farms, which accounts for the growth.

Veterinary Artificial Insemination Market Regional Analysis

North America dominated the veterinary artificial insemination market in 2021, with a revenue share of more than 29.8%. This is due to a well-equipped animal husbandry industry, increased awareness and adoption of AI for livestock breeding, and the presence of key companies such as STgenetics. STgenetics, for example, is a market leader in the sexed sperm market. The company's Sex Sorted Semen has an average female purity of 93.5% for various breeds of cattle and buffaloes.

The major factors driving the global veterinary artificial insemination market growth in the Asia-Pacific region include growing infectious diseases in animals and increasing awareness about artificial insemination among people. In Asia Pacific, the market for veterinary artificial insemination is estimated to witness the fastest CAGR of over 7.3% during the forecast period. Large cattle inventory, a thriving dairy industry, supportive government initiatives, and growing awareness about the benefits of artificially inseminating livestock are propelling market growth.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Veterinary Artificial Insemination Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Veterinary Artificial Insemination Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Veterinary Artificial Insemination Market report scope?

Key Takeaways from this Veterinary Artificial Insemination Report

• Evaluate Veterinary Artificial Insemination market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Veterinary Artificial Insemination market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Veterinary Artificial Insemination Market?

The Veterinary Artificial Insemination Market is growing at a CAGR of 4.66% over the next 5 years.

Who are the key players in Veterinary Artificial Insemination Market?

Bovine Elite LLC, KRUUSE, Agtech Inc., IMV Technologies, Tek-Event, Zoetis Inc., Neogen Corporation, National Meditek, Iherdsman, Swine Genetics International, Select Sires Inc., Cooperative Resource International (GENEX), Genus PLC (ABS Global), Swine Genetics, Xcell Breeding and Livestock Services, Select Sires, Cogent, SEMEX, Polar Genetics, Fox Fire Farm, Viking Genetics

What are the significant types of Veterinary Artificial Insemination Market?

Cattle, Swine, Sheep, Canine, Others

What are the major end-use applications of Veterinary Artificial Insemination Market?

Veterinary Hospitals, Animal Husbandry, Others

Which region is expected to hold the largest share in the Veterinary Artificial Insemination Market?

North America and Asia-Pacific are expected to hold the largest Veterinary Artificial Insemination market share.

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