Global Veterinary Artificial Insemination Market by Product (Sexed Semen, Normal Semen), by Animal Type (Canine, Cattle, Swine, Sheep, Equine) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global veterinary artificial fertilization market was valued at USD 3.96 Billion in 2020. It is projected to grow at a compound annual rate (CAGR of 5.94%) between 2021 and 2028. This technique has been used in cattle and dairy industries for more than 60 years. The market is growing by increasing productivity with AI technology. The production of milk is higher in offspring from artificial insemination than that of normal offspring. Semen extenders that contain anti-bacterials are also beneficial in preventing the spread of bacterial diseases.

The entire process of AI is also considered more hygiene-friendly than natural mating. Many of the breeds of animals that are not suitable for most farms will change as farmers and production conditions change. Artificial insemination, however, is a preferred method of reproduction for these breeds. It allows you to keep the breeds alive in your own backyard.

There is no evidence that COVID-19 can be spread to humans by animals. The global coronavirus pandemic has caused a shortage of nutritional feed and other animal health products. It could also contain animal feeding, which could impact reproductive efficiency. In June 2020, the Animal Husbandry Department of India launched an initiative to protect farmers and employees from Covid-19. The department offered telephonic support to farmers and poultry owners under this program. During the lockdown, artificial insemination was also delivered directly to farmers' homes. These initiatives have helped to increase market growth.

Also, the increasing human population is a significant factor that drives an increase in animal productivity. In the future, AI adoption is expected to rise due to its associated benefits, such as improved efficiency in bull handling, genetic selection, lower cost of housing and handling bulls, and safety for both farmers and animals. A rising calf price is also driving the adoption of AI technology by farmers. According to a March 2018 report by the Beef Cattle Research Council, bull prices in Canada ranged from USD 5,500 to USD 8,000 between 2015 and 2016. The adoption of AI has led to a decrease in prices from USD 4,500 down to USD 6,500 between 2017 and 2018.

The demand for superior genetically engineered animals is growing, which is driving up the need for artificial insemination. To maintain their market share, industry players continue to seek new products and partnerships, collaborations, and acquisitions. Cogent, a UK sheep breeding company, collaborated with AB Europe in August 2020 to launch a new sexed service for British sheep producers. Recombinetics and SEMEX partnered in May 2018 to implement a precision breeding program that enhanced animals health well-being using hornless milk cow genetics.

Information on Animal Types

In 2020, the cattle segment accounted for 46.4% of the total market. The key factors behind the substantial growth of this segment include increased adoption of artificial insemination procedures and rising milk consumption. According to UN FAO data, 2018 saw a significant increase in beef and buffalo production from 69.56 millions tons in 2017 to 71.1 million tons in 2018. The segment's growth is also being positively impacted by the increasing consumption of milk products and milk products.

Over the forecast period, the equine market is expected to grow at an impressive rate. This growth can be attributed reducing disease transmission and increasing productivity through AI. This is driving adoption. Segment growth is also being driven by the protection of endangered species through artificial insemination. AI technology has also helped reduce disease transmission. These factors will drive the segment's growth over the next few years.

Product Insights

Normal semen accounted for the largest portion of the market, 76.3%, in 2020. It is expected to continue its lead over the forecast period. This can be attributed to the lower price of normal semen compared to sexed. According to an Italian Journal of Animal Science study, the conception rate of sexed and normal semen was 71.8% to 78.5 percent, respectively. This indicates that normal semen has a higher fertility than sexed.

The fastest growth is expected for sexed semen over the forecast period. The use of sexed semen technology to increase herd expansion is relatively new. It can be used to determine the gender of offspring. In 2001, sexed semen was made commercially in the United States. A license was issued to Sexing Technologies. The growth of the sexed-semen market is due to factors such as the consolidation of elite breeding herds and the adoption of the most recent technology.

End-use Insights

In 2020, the animal husbandry sector accounted for 46.0% of the total market. This is due to the majority semen collection and AI procedures being done in small and large breeding facilities. A growing number of government initiatives, as well as increased demand for protein and milk are driving the adoption of AI technology. In June 2020, for example, India approved approximately USD 2.06 billion to fund the Animal Husbandry Infrastructure Development Fund. Sichuan Tequ Group, DEKON Group and Alibaba Cloud collaborated in February 2018 to utilize ET Brain technology for pig breeding.

In 2020, a significant market share was held by veterinary hospitals. The key drivers of this segment are the increasing number of hospitals that perform artificial insemination in developing and developed countries, and the growing number of veterinarians. The market also includes private veterinarians who perform artificial insemination in farms and veterinary clinics. This segment is growing due to the provision of home services in developed countries by veterinarians, and support from government regulations. The AI Development Plan, launched in China in 2017, identifies artificial insemination in China as a new center of international competition. It also declares itself open to becoming the top AI innovation center in the world by 2030.

Regional Insights

Due to its large livestock population, the Asia Pacific held the largest percentage of 30.5% in 2020. The market is growing due to increased demand for milk and animal protein. India had a 24.4% revenue share in the Asia Pacific market in 2020. In August 2019, for example, the Department of Veterinary, Gynology and Obstetrics of Madras Veterinary College began artificial insemination of cattle using sexed seramen. China is third in cattle inventories and has been actively using artificial insemination technology to boost productivity.

In 2020, Latin America held a significant market share. Brazil is one of the largest countries in the region where this technique has been used effectively. Fixed-time artificial fertilization (FTAI) has been used by herds in Brazil and other countries to increase their profits. Brazil's consumption of sexed sperm has increased steadily over the past few years. According to the Brazilian Association of Artificial Insemination, between January and September 2018, 306,052 doses of national semen were sold for beef or dairy cattle. In 2020, it rose by 30.83% to 503,078, a rise of 30.83%. Nearly 90% of milk-producing cows in the United States use artificial insemination. According to the Brazilian Association of Artificial Insemination (BAI), commercialized semen dosages have increased from 7 to 14 million in 2003 to 2017, compared to 2013.

Market Share Insights & Key Companies

The market for veterinary artificial fertilization is fragmented. There are many products available, including fresh, frozen, and sexed, as well as semen storage services. The food industry continues to demand genetically modified animals in order to improve productivity.

To maximize their revenue share, the top players in the sector are involved in product launches, mergers and acquisitions, regional expansions and collaborations. Companies can expand their animal genetic and geographic reach by developing new disease-resistant breeds. Genus plc, for example, partnered with Beijing Capital Agribusiness in China in May 2019. BCA will assist the company with patented technology applications in order to create a Porcine Reproductive and Respiratory Syndrome (PRRSv-resistant animal). Select Sires launched an Elite sexed fertility line in April 2018. Select Sires would be able to identify sires that have superior fertility sex-sorted semen by using the Elite Sexed Fertility designation. This would increase its product range. The following are some of the major players in the global market for veterinary artificial insemination:

• Swine Genetics International

• Select Sires, Inc.

• SEMEX

• Cooperative Resource International (GENEX).

• Zoetis

• Cogent

• Genus plc

• Viking Genetics

• Polar Genetics India Private Limited

• Fox Fire Farm

• Private Limited Xcell Breeding & Livestock Services

Up Market Research published a new report titled “Veterinary Artificial Insemination Market research report which is segmented by Product (Sexed Semen, Normal Semen), by Animal Type (Canine, Cattle, Swine, Sheep, Equine), By Players/Companies Xcell Breeding & Livestock Services Private Limited, Polar Genetics India Private Limited, Swine Genetics International, Fox Fire Farm, Cooperative Resource International (GENEX), Cogent, SEMEX, Genus plc, Viking Genetics, Select Sires Inc, Zoetis”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Veterinary Artificial Insemination Market Report Segments:

The market is segmented by Product (Sexed Semen, Normal Semen), by Animal Type (Canine, Cattle, Swine, Sheep, Equine).

Veterinary Artificial Insemination Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Veterinary Artificial Insemination Market

Overview of the regional outlook of the Veterinary Artificial Insemination Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Veterinary Artificial Insemination Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Veterinary Artificial Insemination Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Sexed Semen

                2. Normal Semen

                1. Canine

                2. Cattle

                3. Swine

                4. Sheep

                5. Equine

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Veterinary Artificial Insemination Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Veterinary Artificial Insemination Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.