South Africa Bovine Artificial Insemination Market Size & Outlook
South Africa bovine artificial insemination market, 2018-2030 (US$M)
Related Markets
South Africa bovine artificial insemination market highlights
- The South Africa bovine artificial insemination market generated a revenue of USD 12.1 million in 2023 and is expected to reach USD 17.7 million by 2030.
- The South Africa 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 12.1 million |
| Market revenue in 2030 | USD 17.7 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, South Africa accounted for 1.8% 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 Middle East & Africa, South Africa bovine artificial insemination market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bovine Artificial Insemination Market Scope
Bovine Artificial Insemination Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 41.32% in 2023. Horizon Databook has segmented the South Africa bovine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
The market for bovine artificial insemination in South Africa is driven by rising animal health concerns, rapid genetic advancements, and increased livestock production. In terms of cattle resources, vegetation, and climate zones, South Africa occupies a unique position on the African continent.
The livestock industry in the country has been distinguished by a dual system that puts an advanced commercial sector using modern technologies against a developing sector that comprises new & small-scale farmers. As a result, artificial insemination is used more frequently in this country, driving the market.
One of the largest industries in South Africa, the cow industry employs more than 40,000 people. One of the factors driving market growth in the country is the rising demand for dairy cows, as buying pregnant cows benefits dairy farmers.
Reasons to subscribe to South Africa bovine artificial insemination market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa bovine artificial insemination market databook
-
Our clientele includes a mix of bovine artificial insemination market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa bovine artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into South Africa bovine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa bovine artificial insemination market size, by solution, 2018-2030 (US$M)
South Africa Bovine Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
