Mexico Veterinary Artificial Insemination Market Size & Outlook
Mexico veterinary artificial insemination market, 2018-2030 (US$M)
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Mexico veterinary artificial insemination market highlights
- The Mexico veterinary artificial insemination market generated a revenue of USD 166.1 million in 2023 and is expected to reach USD 279.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.7% 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 166.1 million |
| Market revenue in 2030 | USD 279.7 million |
| Growth rate | 7.7% (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, Mexico accounted for 2.3% 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 Latin America, Brazil veterinary artificial insemination market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 279.7 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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Mexico 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 42.02% in 2023. Horizon Databook has segmented the Mexico veterinary artificial insemination market based on equipments & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
The veterinary artificial insemination market in Mexico is driven by the rapid involvement of the private sector in delivering veterinary services. Rising activities related to artificial insemination in the country is fueling the market.
Increase in the number of STDs in animals is further contributing to the growth of the market. Moreover, high cost of artificial insemination and its implementation & establishment is impeding market growth.
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Target buyers of Mexico veterinary artificial insemination market databook
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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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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 Mexico veterinary artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into Mexico veterinary artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico veterinary artificial insemination market size, by solution, 2018-2030 (US$M)
Mexico Veterinary Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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