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The global veterinary artificial insemination (AI) market size was USD 4.74 Billion in 2021 and is expected to register a revenue CAGR of 7.4% over the forecast period, according to the latest report by Reports and Data.
The major factor driving revenue growth of the market is the increase in complications of sexually transmitted diseases in animals. Sexually transmitted diseases such as trichomoniasis (trichomoniasis) and vibriosis in cattle are a serious problem and can lead to significant losses in production, according to the March 2022 article “Controlling sexually transmitted diseases in cattle”. there is. As a result, the need to protect livestock from transmission of sexually transmitted diseases is likely to drive the market. In addition, the desire for superior animal breeds is growing worldwide, increasing the demand for artificial insemination treatments for animals.
Furthermore, future industrial expansion will be driven by population growth and benefits such as lower housing costs, more efficient use of bulls, farmer and animal safety, genetic selection and handling of bulls. Predicted. Methods of artificial insemination help reduce numerous infectious diseases in veterinary animals by increasing the efficiency of genetic and animal mating. According to the article titled Economic Impact of Failure of Primary Insemination: A Retrospective Study, artificial insemination (AI) is considered the best method to increase fertility and is widely used. About livestock in Ethiopia. In addition, endometrial thickness, timing of artificial insemination, frequency of artificial insemination, and ovarian stimulation are also factors that influence the success of AI. Over the next few years, this is expected to increase the demand for artificial insemination (AI) and drive the expansion of the market.
Companies profiled in the market report include Select Sires, Inc., Swine Genetics International, SEMEX, Zoetis, Cooperative Resource International (GENEX), Cogent, Viking Genetics, Genus PLC, Polar Genetics India, and Fox Fire Farm.
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Market Overview:
The research report assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. The report estimates the market size, market growth, and provides an accurate forecast for the key segments of the market for the forecast period of 2022-2030. The report also covers an in-depth analysis of the key competitors of the market, along with their growth strategies and business expansion plans.
The Veterinary Artificial Insemination Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Veterinary Artificial Insemination Market.
Further key findings from the report suggest,
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For the purpose of this report, Reports and Data has segmented the global veterinary artificial insemination (AI) industry into Product Mode Outlook, Animals Outlook, End-Use Outlook, Regional Outlook:
Product Mode Outlook (Revenue, USD Billion; 2019-2030)
Animals Outlook (Revenue, USD Billion; 2019-2030)
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook (Revenue, USD Billion; 2019-2030)
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Key Advantages of Veterinary Artificial Insemination Market Report:
Conclusively, all aspects of the Veterinary Artificial Insemination Market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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The post Global Veterinary Artificial Insemination (AI) Market Size Hit USD 8.87 Billion at a CAGR of 7.4% in 2030 appeared first on Market O Graphics.