Global Bovine Artificial Insemination Market Size & Outlook
Global bovine artificial insemination market, 2018-2030 (US$M)
Related Markets
Global bovine artificial insemination market highlights
- The global bovine artificial insemination market generated a revenue of USD 668.8 million in 2023 and is expected to reach USD 992.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
- In terms of segment, services accounted for a revenue of USD 274.5 million in 2023.
- Semen is the most lucrative solution segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 668.8 million |
| Market revenue in 2030 | USD 992.5 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Semen |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment & Consumables, Semen, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 32.2% of the global bovine artificial insemination market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 2.4 million by 2030.
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Bovine Artificial Insemination Market Scope
Bovine Artificial Insemination Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global bovine artificial insemination market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bovine artificial insemination market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 41.04% in 2023. Horizon Databook has segmented the Global bovine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bovine Artificial Insemination Solution Outlook (Revenue, USD Million, 2018-2030)
- Equipment & Consumables
- Distribution Channel
- Private
- Public
- Distribution Channel
- Semen
- Distribution Channel
- Private
- Public
- Distribution Channel
- Services
- Distribution Channel
- Private
- Public
- Distribution Channel
- Equipment & Consumables
- Global Bovine Artificial Insemination Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Private
- Public
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bovine artificial insemination market , including forecasts for subscribers. This global databook contains high-level insights into Global bovine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bovine artificial insemination market size, by regions, 2018-2030 (US$M)
Top 10 countries: Bovine artificial insemination market size, 2023 (US$M)
Global bovine artificial insemination market share, by solution, 2023 & 2030 (%, US$M)
Bovine artificial insemination market: Opportunity assessment by country
Global bovine artificial insemination market, by region, 2023 (US$M)
| Solution | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 183.7 | 190.5 | 191.8 | 199.2 | 206.9 | 215.7 | 225.1 | 235.3 | 246.4 | 258.4 | 271.4 | 285.5 | 300.9 | 4.9% |
| Europe | 158.1 | 164.6 | 166.3 | 173.3 | 180.7 | 189.1 | 198.2 | 208.1 | 218.8 | 230.4 | 243.1 | 256.8 | 271.9 | 5.3% |
| Asia Pacific | 119.2 | 126.9 | 131.2 | 139.9 | 149.3 | 158.8 | 169.1 | 180.4 | 192.7 | 206.3 | 221.1 | 237.4 | 255.4 | 7.0% |
| Latin America | 50.0 | 53.1 | 54.9 | 58.4 | 62.2 | 66.0 | 70.1 | 74.7 | 79.5 | 84.9 | 90.8 | 97.2 | 104.3 | 6.8% |
| MEA | 30.4 | 32.2 | 33.1 | 35.0 | 37.0 | 39.3 | 41.7 | 44.2 | 47.0 | 49.9 | 53.1 | 56.4 | 60.0 | 6.3% |
| Overall | 541.4 | 567.3 | 577.2 | 605.8 | 636.1 | 668.8 | 704.3 | 742.7 | 784.5 | 829.9 | 879.4 | 933.5 | 992.5 | 5.8% |
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