UK Bovine Artificial Insemination Market Size & Outlook
UK bovine artificial insemination market, 2018-2030 (US$M)
Related Markets
UK bovine artificial insemination market highlights
- The UK bovine artificial insemination market generated a revenue of USD 51.2 million in 2023 and is expected to reach USD 69.1 million by 2030.
- The UK market is expected to grow at a CAGR of 4.4% 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 51.2 million |
| Market revenue in 2030 | USD 69.1 million |
| Growth rate | 4.4% (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, UK accounted for 7.6% 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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UK 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 41.21% in 2023. Horizon Databook has segmented the UK bovine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
Cow artificial insemination is a key process for introducing new genetics into a herd without incurring the high cost of buying a bull. It may also increase biosecurity by allowing customers to breed stock bulls or heifers with greater genetic value without the risk of disease introduction. In the UK, the dairy industry is extremely important. For thousands of years, dairy production has been a staple of agriculture.
The primary objective of dairy cow breeding is to yield a significant amount of milk. Dairy cows must give birth to one calf yearly to produce milk for 10 months yearly. Nearly 3 months after giving birth, they typically undergo AI.
Dairy cows can often only provide very high milk outputs for an average of 3 years before being slaughtered; the meat is typically used for beef. Researchers in the UK continue to invest in R&D of novel products & techniques to improve bovine AI.
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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 UK bovine artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into UK bovine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK bovine artificial insemination market size, by solution, 2018-2030 (US$M)
UK Bovine Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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