Italy Bovine Artificial Insemination Market Size & Outlook
Italy bovine artificial insemination market, 2018-2030 (US$M)
Related Markets
Italy bovine artificial insemination market highlights
- The Italy bovine artificial insemination market generated a revenue of USD 19.0 million in 2023 and is expected to reach USD 28.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.7% 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 19.0 million |
| Market revenue in 2030 | USD 28.1 million |
| Growth rate | 5.7% (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, Italy accounted for 2.8% 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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Italy 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 41.05% in 2023. Horizon Databook has segmented the Italy bovine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of significant organizations in the country is expected to promote market growth. For instance, Intermezzo is an Italian AI business active in animal genetics since 1974. The company has worked for over 40 years to improve dairy herd productivity through genetic means.
In addition to its primary business and experience with Holstein-Friesian dairy cows, it works with Brown Swiss, Simmental, beef cattle types, water buffalos, and many other local breeds to retain genetic diversity.
The company provides breeders with the finest genetic options based on their selection process and objectives. High-quality Holstein-Friesian bulls, as well as beef bulls & water buffalos, are raised at Intermizoo.
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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 Italy bovine artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into Italy bovine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy bovine artificial insemination market size, by solution, 2018-2030 (US$M)
Italy Bovine Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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