Canada Veterinary Assistive Reproduction Technology Market Size & Outlook
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Canada veterinary assistive reproduction technology market highlights
- The Canada veterinary assistive reproduction technology market generated a revenue of USD 86.9 million in 2023 and is expected to reach USD 153.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, normal semen was the largest revenue generating product in 2023.
- Sexed Semen is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary assistive reproduction technology market data book summary
| Market revenue in 2023 | USD 86.9 million |
| Market revenue in 2030 | USD 153.7 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Normal semen |
| Fastest growing segment | Sexed Semen |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Normal Semen, Sexed Semen |
| Key market players worldwide | Genus PLC, CRV, URUS Group, SEMEX, Select Sires Inc., Swine Genetics International, National Dairy Development Board, STgenetics, VikingGenetics, Geno |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global veterinary assistive reproduction technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. veterinary assistive reproduction technology market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 153.7 million by 2030.
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Veterinary Assistive Reproduction Technology Market Scope
Veterinary Assistive Reproduction Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Geno | View profile | 101-250 | Hamar, Hedmark, Norway, Europe | https://www.geno.no/ |
| VikingGenetics | View profile | 101-250 | Hamburg, Hamburg, Germany, Europe | https://www.vikinggenetics.de |
| National Dairy Development Board | View profile | 1001-5000 | Anand, Gujarat, India, Asia | http://www.nddb.org |
| Select Sires Inc. | View profile | 251-500 | Plain City, Ohio, United States, North America | http://selectsires.com |
| SEMEX | View profile | 1001-5000 | Guadalupe, Nuevo Leon, Mexico, North America | http://www.semex.com.mx/ |
| STgenetics | View profile | 1001-5000 | Navasota, Texas, United States, North America | https://www.stgen.com/default.aspx |
| Swine Genetics International | View profile | - | Cambridge, Iowa, United States, North America | https://swinegenetics.com |
| CRV | View profile | 1001-5000 | Arnhem, Gelderland, The Netherlands, Europe | https://crv4all.nl |
| URUS Group | View profile | 1001-5000 | Madison, Wisconsin, United States, North America | https://www.urus.org |
| Genus PLC | View profile | 3536 | Matrix House, Basing View, Basingstoke, Hants, United Kingdom, RG21 4DZ | https://www.genusplc.com |
Canada veterinary assistive reproduction technology 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 assistive reproduction technology market will help companies and investors design strategic landscapes.
Normal semen was the largest segment with a revenue share of 80.9% in 2023. Horizon Databook has segmented the Canada veterinary assistive reproduction technology market based on normal semen, sexed semen covering the revenue growth of each sub-segment from 2018 to 2030.
The veterinary assistive reproduction technologies market in Canada is driven by the growing adoption of modern farming technologies, increased livestock production efficacy, and rising improvements in animal husbandry practices.
Over the past few years, modern farming techniques like reproductive technologies, such as AI, embryo transfer, and In Vitro Fertilization (IVF), have improved pregnancy rates in cattle.
For instance, AI has been accessible to Canadian cattle producers, which offers several advantages, such as shorter calving seasons that result in more uniform calf crops, heavier weaning weights from the increased number of calves born within the first 21 days, longer recovery times between calving & rebreeding, and access to superior genetics by using tested bulls.
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Target buyers of Canada veterinary assistive reproduction technology market databook
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Our clientele includes a mix of veterinary assistive reproduction technology 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 Canada veterinary assistive reproduction technology market , including forecasts for subscribers. This country databook contains high-level insights into Canada veterinary assistive reproduction technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada veterinary assistive reproduction technology market size, by product, 2018-2030 (US$M)
Canada Veterinary Assistive Reproduction Technology Market Outlook Share, 2023 & 2030 (US$M)
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