South Africa Veterinary Assistive Reproduction Technology Market Size & Outlook
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South Africa veterinary assistive reproduction technology market highlights
- The South Africa veterinary assistive reproduction technology market generated a revenue of USD 40.3 million in 2023 and is expected to reach USD 64.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.9% 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 40.3 million |
| Market revenue in 2030 | USD 64.1 million |
| Growth rate | 6.9% (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, South Africa accounted for 1.5% 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 Middle East & Africa, South Africa veterinary assistive reproduction technology market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1.3 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 |
South Africa 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 80.65% in 2023. Horizon Databook has segmented the South Africa 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 South Africa is driven by rising animal health concerns, rapid genetic advancements, and increased livestock production.
As a result, veterinary assistive reproduction technologies are used frequently in this country, driving market growth. One of the largest industries in South Africa, the cow industry employs over 40,000 people. Some of the other factors driving market growth are the rising demand for dairy cows, as buying pregnant cows benefits dairy farmers.
Furthermore, the increasing requirement for reproduction technologies across animal types is expected to propel the demand for veterinary assistive reproduction technologies.
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Target buyers of South Africa 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 South Africa veterinary assistive reproduction technology market , including forecasts for subscribers. This country databook contains high-level insights into South Africa veterinary assistive reproduction technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa veterinary assistive reproduction technology market size, by product, 2018-2030 (US$M)
South Africa Veterinary Assistive Reproduction Technology Market Outlook Share, 2023 & 2030 (US$M)
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