Global Ovine And Caprine Artificial Insemination Market Size & Outlook

The ovine and caprine artificial insemination industry worldwide is expected to reach a projected revenue of US$ 1,712.9 million by 2030. A compound annual growth rate of 6.3% is expected of the worldwide ovine and caprine artificial insemination industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,120.5
Forecast, 2030 (US$M)
$1,712.9
CAGR, 2024 - 2030
6.3%
Report Coverage
Worldwide

Global ovine and caprine artificial insemination market, 2018-2030 (US$M)

Related Markets

Global ovine and caprine artificial insemination market highlights

  • The global ovine and caprine artificial insemination market generated a revenue of USD 1,120.5 million in 2023 and is expected to reach USD 1,712.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.3% by 2030.
  • In terms of segment, services accounted for a revenue of USD 477.1 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, UK is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,120.5 million
Market revenue in 2030USD 1,712.9 million
Growth rate6.3% (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 29.6% of the global ovine and caprine 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, UK is the fastest growing regional market and is projected to reach USD 93.1 million by 2030.

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Ovine And Caprine Artificial Insemination Market Companies

Name Profile # Employees HQ Website

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


Services was the largest segment with a revenue share of 42.58% in 2023. Horizon Databook has segmented the Global ovine and caprine artificial insemination market based on equipment & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Ovine And Caprine 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 Ovine And Caprine Artificial Insemination Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Private
    • Public

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Horizon Databook provides a detailed overview of global-level data and insights on the Global ovine and caprine artificial insemination market , including forecasts for subscribers. This global databook contains high-level insights into Global ovine and caprine artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Top 10 countries: Ovine and caprine artificial insemination market size, 2023 (US$M)

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

Ovine and caprine artificial insemination market: Opportunity assessment by country

Global ovine and caprine artificial insemination market, by region, 2023 (US$M)

Global ovine and caprine 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 274.5 286.1 290.0 302.7 316.2 331.9 348.8 367.1 386.8 408.1 431.3 456.3 483.6 5.5%
Europe 231.5 243.5 248.9 262.1 276.1 291.2 307.5 325.2 344.4 365.2 387.7 412.3 439.0 6.0%
Asia Pacific 200.9 214.2 222.0 236.8 252.9 269.2 286.8 306.1 327.0 349.9 374.9 402.2 432.2 7.0%
Latin America 97.4 103.3 106.6 113.2 120.4 127.8 135.9 144.6 154.1 164.5 175.8 188.1 201.6 6.7%
MEA 77.0 81.7 84.2 89.3 94.7 100.5 106.7 113.4 120.7 128.6 137.2 146.5 156.6 6.6%
Overall 881.4 928.8 951.8 1,004.1 1,060.2 1,120.5 1,185.7 1,256.4 1,333.0 1,416.2 1,506.8 1,605.4 1,712.9 6.3%

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