Global Equine Artificial Insemination Market Size & Outlook

The equine artificial insemination industry worldwide is expected to reach a projected revenue of US$ 992.5 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide equine artificial insemination industry from 2024 to 2030.
Revenue, 2023 (US$M)
$668.8
Forecast, 2030 (US$M)
$992.5
CAGR, 2024 - 2030
5.8%
Report Coverage
Worldwide

Global equine artificial insemination market, 2018-2030 (US$M)

Related Markets

Global equine artificial insemination market highlights

  • The global equine artificial insemination market generated a revenue of USD 668.8 million in 2023 and is expected to reach USD 992.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
  • In terms of segment, services accounted for a revenue of USD 274.5 million in 2023.
  • Semen is the most lucrative solution segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 668.8 million
Market revenue in 2030USD 992.5 million
Growth rate5.8% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSemen
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEquipment & Consumables, Semen, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 32.2% of the global equine artificial insemination market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Norway is the fastest growing regional market and is projected to reach USD 2.4 million by 2030.

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Equine Artificial Insemination Market Companies

Name Profile # Employees HQ Website

Global equine 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 equine artificial insemination market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 41.04% in 2023. Horizon Databook has segmented the Global equine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Equine Artificial Insemination Solution Outlook (Revenue, USD Million, 2018-2030)
    • Equipment & Consumables
      • Distribution Channel
        • Private
        • Public
    • Semen
      • Distribution Channel
        • Private
        • Public
    • Services
      • Distribution Channel
        • Private
        • Public
  • Global Equine Artificial Insemination Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Private
    • Public

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  • Our clientele includes a mix of equine artificial insemination market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global equine artificial insemination market , including forecasts for subscribers. This global databook contains high-level insights into Global equine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global equine artificial insemination market size, by regions, 2018-2030 (US$M)

Top 10 countries: Equine artificial insemination market size, 2023 (US$M)

Global equine artificial insemination market share, by solution, 2023 & 2030 (%, US$M)

Equine artificial insemination market: Opportunity assessment by country

Global equine artificial insemination market, by region, 2023 (US$M)

Global equine artificial insemination market size, by regions, 2018-2030 (US$M)

Solution 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 183.7 190.5 191.8 199.2 206.9 215.7 225.1 235.3 246.4 258.4 271.4 285.5 300.9 4.9%
Europe 158.1 164.6 166.3 173.3 180.7 189.1 198.2 208.1 218.8 230.4 243.1 256.8 271.9 5.3%
Asia Pacific 119.2 126.9 131.2 139.9 149.3 158.8 169.1 180.4 192.7 206.3 221.1 237.4 255.4 7.0%
Latin America 50.0 53.1 54.9 58.4 62.2 66.0 70.1 74.7 79.5 84.9 90.8 97.2 104.3 6.8%
MEA 30.4 32.2 33.1 35.0 37.0 39.3 41.7 44.2 47.0 49.9 53.1 56.4 60.0 6.3%
Overall 541.4 567.3 577.2 605.8 636.1 668.8 704.3 742.7 784.5 829.9 879.4 933.5 992.5 5.8%

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