Thailand Veterinary Assistive Reproduction Technology Market Size & Outlook
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Thailand veterinary assistive reproduction technology market highlights
- The Thailand veterinary assistive reproduction technology market generated a revenue of USD 14.5 million in 2023 and is expected to reach USD 26.2 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.8% 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 14.5 million |
| Market revenue in 2030 | USD 26.2 million |
| Growth rate | 8.8% (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, Thailand accounted for 0.6% 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 Asia Pacific, China veterinary assistive reproduction technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 212.3 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 |
Thailand 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 83.45% in 2023. Horizon Databook has segmented the Thailand 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 Thailand can be attributed to the rising efficiency of livestock production and increased adoption of several breeding methods among the country’s beef farmers.
Moreover, growth in the country can be attributed to a significantly large cattle population, providing new growth opportunities for key players to innovate, expansions, product launches, and others to cater to market demand. Such factors are expected to drive the demand in the market.
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Target buyers of Thailand 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 Thailand veterinary assistive reproduction technology market , including forecasts for subscribers. This country databook contains high-level insights into Thailand veterinary assistive reproduction technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand veterinary assistive reproduction technology market size, by product, 2018-2030 (US$M)
Thailand Veterinary Assistive Reproduction Technology Market Outlook Share, 2023 & 2030 (US$M)
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