The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s veterinary artificial insemination market report forecasts the veterinary artificial insemination market size to grow to $5.29 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

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Veterinary Artificial Insemination Market Size Forecast
The global veterinary artificial insemination market is expected to grow from $3.80 billion in 2022 to $4.10 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The veterinary artificial insemination market size is expected to grow to $5.29 billion in 2027 at a CAGR of 6.6%.

North America held the largest veterinary artificial insemination market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Veterinary Artificial Insemination Market Driver ­– Increase In Demand For Animal Protein
For instance, in January 2020, according to a report published by Our world in data, an online scientific publication focusing on large global problems report, the global meat production in 2019 was 335.46 million tonnes, which rose to 337.18 million tonnes in 2020. Furthermore, 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.

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Key Veterinary Artificial Insemination Market Trend – Strategic Partnerships And Collaborations
Major companies are partnering together to develop new insemination approaches to sustain their position in the market. For instance, in August 2020, Cogent, a UK-based breeding program and technology provider for farmers, partnered with the sheep breeding business AB Europe to introduce a cutting-edge sexed semen solution for sheep breeders in the UK. The new service will assist farmers in increasing the proportion of male or female lambs born, accelerating the rate of genetic gain in their flock, and ultimately growing flock efficiency and profitability. The service is offered on semen obtained from the client’s rams, and it can be processed to produce either male or female sperm cells. Additionally, two million cells per millilitre (million cells per millilitre) will be the minimum concentration for commercial artificial insemination (AI) and four million cells per millilitre for AI for embryo transfer.

Veterinary Artificial Insemination Market Segment
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

Veterinary Artificial Insemination Market Major Players and Strategies
Major players in the veterinary artificial insemination market are Swine Genetics International, Semex, Genus, CRV, Select Sires Inc., Shipley Swine Genetics, STgenetics, Hamilton Thorne Inc., Microptic, Medical Electronic Systems LLC, Magapor SL, CooperSurgical Inc., Proiser, Zoetis, and GenePro Inc.

In December 2020, IVM Technologies Group, a France-based provider of assisted reproduction biotechnologies, acquired Tecnovet SL, for an undisclosed amount. This acquisition strengthens IMV Technologies’ position in the highly competitive swine insemination sector, particularly post-cervical artificial insemination (PCAI) technology. Tecnovet S.L is a Spain-based company specializing in veterinary supplies and swine artificial insemination technologies.

The Veterinary Artificial Insemination Global Market Report 2023 covers regional data on veterinary artificial insemination market size, veterinary artificial insemination market trends and drivers, opportunities, strategies, and veterinary artificial insemination market competitor analysis. The countries covered in the veterinary artificial insemination market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Veterinary artificial insemination (AI) is a procedure in which fresh male animal sperm, or a frozen-thawed sperm suspension is manually introduced into the female animal reproductive organs to overcome the logistical problems associated with natural copulation. The veterinary artificial insemination is used for selective breeding, genetic enhancement, overcoming infertility, and conservation in many animal species, including cattle, companion animals, wildlife animals.

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