Global Veterinary Artificial Insemination Market, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Veterinary Artificial Insemination Market” is an upcoming market research report by MarketResearch.biz. Numerous data and information on the global veterinary artificial insemination market including market drivers, threats, restraints, growth opportunities, potential revenue opportunities, competitive landscape, details of key players, and recent developments are included in the report. Research findings and conclusions are included in the research report after it is verified by industry experts. In order to ensure accuracy of research conclusions and findings, extensive primary and secondary efforts are conducted. The global veterinary artificial insemination market research report is segmented based on animal type, product, end-use, and regions and countries.
Veterinary artificial insemination is the process of placing semen manually in reproductive tract of female animals. Artificial Insemination improves the genetics and reproduction of farm animals and it is one of the greatest biotechnology techniques to do it. Also, AI is widely used in animals due to increasing awareness regarding sexually transmitted diseases (STD) in animals. Conservation of endangered species is possible through artificial insemination.
Artificial insemination (AI) is the most effective tool for cattle producers to improve profitability and productivity of cattle operations. Other benefits such as fewer breeding related risks are some of the key factors projected to drive the global market growth over the forecast period. According to the report of International Society for Animal Genetics, artificial insemination is more preferred than natural mating as semen can be easily transported. It also allows many females to get impregnated simultaneously in various geographical locations. In addition, as semen can be stored, males can produce progeny even long after the end of their reproductive life. Also, diluted semen can be utilized to create multiple doses for inseminating 100 females from a single ejaculate. Increasing adoption of semen sexing technology in dairy and beef herds to develop stronger next generation is projected to drive growth of the global market over the forecast period. As the technique is becoming more popular, producers collect semen of superior herd sires and make it available to other producers as well. The technique also provides an opportunity for producers to determine what traits to breed into their animals. This better tested and proven technique is becoming more accessible around the world. Artificial insemination can reduce risks related to animal breeding including disease transmission, which is projected to drive growth of the global market. Also, artificial insemination is more hygienic than natural mating. However, high cost, lack of awareness about veterinary artificial insemination, dearth of skilled technicians, and artificial insemination being more laborious are projected to be restraints for growth of the global market over the forecast period.
Global Veterinary Artificial Insemination Market Segment Analysis:
By Animal Type: The cattle segment continues to account for highest revenue share in the global market among other animal type segments. This can be attributed to many factors including increasing adoption of advanced genetic research to increase animal productivity and large consumer base for milk products and cattle meat.
By Product: The normal semen segment among the product segments is projected to continue its dominance in terms of revenue share over the forecast period. This can be attributed to low price of normal semen than sexed semen and mature market.
Global Veterinary Artificial Insemination Market Regional Analysis:
Market in Asia Pacific is projected to contribute highest revenue share to the global market, which is expected to continue over the forecast period. This can be attributed to the region having the maximum number of cattle population. The countries in the region, China and India, have more than 30% of the world’s total cattle population. As National Dairy Development Board reported, in the year 2018 in India, more than 73 million animals were artificially inseminated.
Global Veterinary Artificial Insemination Market Segmentation:
By Animal Type:
- Normal Semen
- Sexed Semen
- Veterinary Hospitals
- Veterinary Clinics
- North America
- Asia Pacific
- South America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Merck Animal Health
- Swine Genetics
- PBS Animal Health
- Revival Animal Health
- Jorgensen Labs
- Santa Cruz Biotechnology, Inc.
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