France Bovine Artificial Insemination Market Size & Outlook
France bovine artificial insemination market, 2018-2030 (US$M)
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France bovine artificial insemination market highlights
- The France bovine artificial insemination market generated a revenue of USD 29.3 million in 2023 and is expected to reach USD 47.1 million by 2030.
- The France market is expected to grow at a CAGR of 7% 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 29.3 million |
| Market revenue in 2030 | USD 47.1 million |
| Growth rate | 7% (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, France accounted for 4.4% 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 Europe, UK bovine artificial insemination market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 47.1 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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France 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 41.3% in 2023. Horizon Databook has segmented the France bovine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
France has around 16.6 million beef and dairy cattle. Over the past decade, ruminant species’ genetic and phenotypic development in France has been significant, and production levels are improving rapidly. France is the EU’s leader in raising cattle, sheep, & goats, and it is one of the world’s top producers of milk, meat, & cheese.
According to January 2024 data published by Eurostat, France produces about 16.6% of the region’s cattle milk and around 1.9 million tons of cheese i.e., 18% of overall EU production. The position of France in the market is further strengthened by its efforts to genetically improve its cattle breeds, which is expected to drive the market for AI over the forecast period.
For instance, as per April 2024 reports by France Embassy of Botswana, the French government partnered with Botswanan authorities to assist them in implementing advanced AI systems, boosting meat production for different species such as bovine, caprine, & ovine.
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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 France bovine artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into France bovine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France bovine artificial insemination market size, by solution, 2018-2030 (US$M)
France Bovine Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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