UK Veterinary Artificial Insemination Market Size & Outlook
UK veterinary artificial insemination market, 2018-2030 (US$M)
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UK veterinary artificial insemination market highlights
- The UK veterinary artificial insemination market generated a revenue of USD 323.7 million in 2023 and is expected to reach USD 463.1 million by 2030.
- The UK market is expected to grow at a CAGR of 5.2% 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 323.7 million |
| Market revenue in 2030 | USD 463.1 million |
| Growth rate | 5.2% (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, UK accounted for 4.4% 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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UK 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 42.54% in 2023. Horizon Databook has segmented the UK veterinary artificial insemination market based on equipments & consumables, semen, services covering the revenue growth of each sub-segment from 2018 to 2030.
Growth of the market can be attributed to the favorable government regulations related to veterinary artificial insemination. For instance, a regulation was amended in 2002 by the Department for Environment Food and Rural Affairs to control practice of artificial insemination in England and Wales, which is also related to animal health aspects pertaining to artificial insemination.
Such supportive regulations pertaining to using this technique in animals is a factor responsible for growth of the market. Increasing livestock breeding of females is anticipated to fuel growth of the market. According to the report published by the UK Farm Animal Genetic Resources in May 2020, there has been an increase in breeding females of the native breed of cattle and sheep.
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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 UK veterinary artificial insemination market , including forecasts for subscribers. This country databook contains high-level insights into UK veterinary artificial insemination market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK veterinary artificial insemination market size, by solution, 2018-2030 (US$M)
UK Veterinary Artificial Insemination Market Outlook Share, 2023 & 2030 (US$M)
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