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Bovine Artificial Insemination Market Share

Report ID: GMI10184
Published Date: Jul 2024
Report Format: PDF

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Bovine Artificial Insemination Market Share

The market is shaped by innovation, technological advancements, and a commitment to enhancing reproductive outcomes. The market is characterized by intense competition among key players, primarily comprising veterinary artificial insemination service providers and equipment manufacturers. These entities offer a wide array of services and technologies aimed at enhancing reproductive efficiency and genetic improvement in cattle.

Bovine Artificial Insemination Market Companies

Prominent players operating in the bovine artificial insemination industry include:

Cogent Breeding Ltd.
Genus plc
IMV Technologies
Jorgensen Laboratories
Munster Bovine
Nasco
Neogen Corporation
Reproduction Provisions LLC
SEMEX
URUS Group

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Bovine artificial insemination industry size was worth USD 2.8 billion in 2023 and is projected to expand at 6% CAGR from 2024 to 2032, due to the genetic improvement demands, and rising global consumption of dairy and meat products.

The services type segment in the bovine artificial insemination industry is projected to reach USD 1.9 billion by 2032, due to the specialized expertise and comprehensive solutions provided by professional service providers.

The rectovaginal insemination technique segment in the bovine artificial insemination industry accounted for 72.1% revenue share in 2023 and is projected to depict significant growth from 2024 to 2032, due to its proven effectiveness and widespread adoption.

North America bovine artificial insemination industry amassed USD 1.1 billion in 2023 and is projected to depict 5.9% CAGR from 2024 to 2032, led by the presence of advanced technologies, such as sexed semen and genomic selection in the region.