Argentina Bovine Artificial Insemination Market Size & Outlook
Argentina bovine artificial insemination market, 2018-2030 (US$M)
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Argentina bovine artificial insemination market highlights
- The Argentina bovine artificial insemination market generated a revenue of USD 7.6 million in 2023 and is expected to reach USD 12.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating solution in 2023.
- Semen is the most lucrative solution segment registering the fastest growth during the forecast period.
Bovine artificial insemination market data book summary
| Market revenue in 2023 | USD 7.6 million |
| Market revenue in 2030 | USD 12.9 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Semen |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment & Consumables, Semen, Services |
| Key market players worldwide | Genus PLC, Wolverine World Wide Inc, Cogent Biosciences Inc, Immersion Corp, Semex Alliance, Jorgensen Laboratories, Pond Technologies Holdings Inc, STgenetics, National Dairy Development Board, Munster Bovine |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global bovine artificial insemination market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bovine artificial insemination market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 12.9 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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Argentina 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 40.79% in 2023. Horizon Databook has segmented the Argentina bovine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina has established a significant livestock industry that can supply the rising demand for animal proteins worldwide. Over time, the vast Pampas of the Southern Cone gave rise to a product renowned as a world-class designation of origin: the Argentine steak.
On the other hand, the dairy industry experienced a sharp rise in productivity, modernization of the sector, and the achievement of producing high-quality milk & primary products in compliance with international standards. Raising livestock is one of the most significant initiatives in Argentina’s agri-food business.
Due to the presence of bovine species with superior genetics in the country, Argentina is actively involved in exporting embryos of the bovine population to other countries & regions to assist in producing healthy offspring and boosting the production of bovine-origin products. This is crucial in driving the country’s bovine AI market.
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Our clientele includes a mix of bovine artificial insemination market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina bovine artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into Argentina bovine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina bovine artificial insemination market size, by solution, 2018-2030 (US$M)
Argentina Bovine Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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