China Veterinary Artificial Insemination Market Size & Outlook

The veterinary artificial insemination market in China is expected to reach a projected revenue of US$ 749.0 million by 2030. A compound annual growth rate of 5.5% is expected of China veterinary artificial insemination market from 2024 to 2030.
Revenue, 2023 (US$M)
$514.6
Forecast, 2030 (US$M)
$749.0
CAGR, 2024 - 2030
5.5%
Report Coverage
China

China veterinary artificial insemination market, 2018-2030 (US$M)

China

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China veterinary artificial insemination market highlights

  • The China veterinary artificial insemination market generated a revenue of USD 514.6 million in 2023 and is expected to reach USD 749.0 million by 2030.
  • The China market is expected to grow at a CAGR of 5.5% 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.


Veterinary artificial insemination market data book summary

Market revenue in 2023USD 514.6 million
Market revenue in 2030USD 749.0 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSemen
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEquipments & Consumables, Semen, Services
Key market players worldwideGenus PLC, URUS Group, CRV, Swine Genetics International, STgenetics, SEMEX, Immersion Corp, Select Sires Inc., Stallion AI Services, IMV Technologies, Stallion AI Services


Other key industry trends

  • In terms of revenue, China accounted for 7.0% of the global veterinary 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 veterinary 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 551.7 million by 2030.

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Veterinary Artificial Insemination Market Companies

Name Profile # Employees HQ Website

China veterinary 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 veterinary artificial insemination market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 43.18% in 2023. Horizon Databook has segmented the China veterinary artificial insemination market based on equipments & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.


China has the third largest cattle inventory in the world, with 113 million head, Furthermore, according to the FAO, in 2017, the average egg, milk, & meat consumption per capita increased by 3.9, 10, & 6.9 times, respectively, between 1980 and 2010, which is by far the largest increase in the world during this period. This increase directly drives the demand, which is expected to create growth opportunities for players in the country.

The market is driven by increase in meat production & consumption, rapid genetic improvement through artificial insemination due to high investment on animal healthcare, and favorable government initiatives.

For instance, in 2019, the U.S. Agricultural Trade Office situated in Guangzhou has begun implementation of an emerging breeding program to use 2,500 straws of frozen U.S. Holstein bull semen for insemination of selected dairy cows in China.

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  • Our clientele includes a mix of veterinary 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 China veterinary artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into China veterinary artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China veterinary artificial insemination market size, by solution, 2018-2030 (US$M)

China Veterinary Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)

China veterinary artificial insemination market size, by solution, 2018-2030 (US$M)

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