South Korea Livestock Artificial Insemination Market Size & Outlook
South Korea livestock artificial insemination market, 2018-2030 (US$M)
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South Korea livestock artificial insemination market highlights
- The South Korea livestock artificial insemination market generated a revenue of USD 44.0 million in 2023 and is expected to reach USD 71.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, swine was the largest revenue generating animal type in 2023.
- Bovine is the most lucrative animal type segment registering the fastest growth during the forecast period.
Livestock artificial insemination market data book summary
| Market revenue in 2023 | USD 44.0 million |
| Market revenue in 2030 | USD 71.2 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Swine |
| Fastest growing segment | Bovine |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bovine, Swine, Equine, Ovine & Caprine |
| Key market players worldwide | Genus PLC, Neogen Corp, Swine Genetics International, GenePro, Minitube |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.5% of the global livestock artificial insemination market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China livestock artificial insemination market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 213.7 million by 2030.
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Livestock Artificial Insemination Market Scope
Livestock Artificial Insemination Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea livestock 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 livestock artificial insemination market will help companies and investors design strategic landscapes.
Swine was the largest segment with a revenue share of 45.91% in 2023. Horizon Databook has segmented the South Korea livestock artificial insemination market based on bovine, swine, equine, ovine & caprine covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Livestock Artificial Insemination Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Production Animals
- Bovine
- Swine
- Sheep & Goats
- Poultry
- Other Animals
- Equine
- Ovine & Caprine
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Target buyers of South Korea livestock artificial insemination market databook
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Our clientele includes a mix of livestock artificial insemination market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Korea livestock artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into South Korea livestock artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea livestock artificial insemination market size, by animal type, 2018-2030 (US$M)
South Korea Livestock Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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