France Veterinary Artificial Insemination Market Size & Outlook
France veterinary artificial insemination market, 2018-2030 (US$M)
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France veterinary artificial insemination market highlights
- The France veterinary artificial insemination market generated a revenue of USD 267.5 million in 2023 and is expected to reach USD 407.8 million by 2030.
- The France market is expected to grow at a CAGR of 6.2% 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 2023 | USD 267.5 million |
| Market revenue in 2030 | USD 407.8 million |
| Growth rate | 6.2% (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 | Equipments & Consumables, Semen, Services |
| Key market players worldwide | Genus 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, France accounted for 3.6% 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 Europe, Germany veterinary artificial insemination market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 295.4 million by 2030.
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Veterinary Artificial Insemination Market Scope
Veterinary Artificial Insemination Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 41.5% in 2023. Horizon Databook has segmented the France veterinary artificial insemination market based on equipments & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
The market is anticipated to exhibit a CAGR of 6.01% over the forecast period, which can be attributed to the growing adoption of pets and a need to increase livestock production. The country has the highest livestock production in Europe, with a significant increase in the number of cattle over the years.
According to the Agriculture and Horticulture Development Board data, there were 22.9 million dairy cows in the EU-28 in 2018. Increase in the number of cattle coupled with an increasing number of insemination procedures being carried out is driving the market.
The French veterinary artificial insemination market is also expected to grow due to the introduction of favorable government strategies by Ministry of Agriculture, Direction Générale de l Enseignement et de la Recherche . Furthermore, the country has a large number of veterinarians specialized in pet medicine, which is also driving market growth.
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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 France veterinary artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into France veterinary artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France veterinary artificial insemination market size, by solution, 2018-2030 (US$M)
France Veterinary Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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