The global veterinary artificial reproduction market value was more than USD 1,249.4 million in 2020. The global veterinary artificial reproduction market is forecast to grow at a compound annual growth rate of more than 4% during the forecast period from 2021-2030.
Veterinary Artificial Reproduction Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Quadintel, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Veterinary Artificial Reproduction Market , and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Cattle and other livestock are bred artificially by using frozen sperm. A proper artificial reproduction needs to occur during the animal’s heat cycle to yield the best results. Breeding livestock at the appropriate time used to require monitoring for heat. The majority of the herd stays in heat cycles in order to breed together simultaneously using synchronization protocols.
In addition, advances in the synchronization of heat cycles among herds have made artificial reproduction easier. Also, artificial reproduction reduces risks associated with animal breeding and disease transmission, which has led to an increase in demand for artificial reproduction in animal husbandry. Herders can breed livestock with superior genes with artificial reproduction. A herd of cattle can produce female offspring with greater milk production capacity through artificial reproduction. Herders can improve conception rates and breed larger livestock by using semen from high-fertility sires, so they can predict calves’ quality to some extent by using the semen of such sites.
Weaning larger calves with better carcasses results from artificial reproduction since it reduces calving difficulties. Herders can increase their profits with artificial reproduction, and natural breeding is less efficient. Semen extenders containing antibiotics are used in artificial reproduction to prevent the spread of bacterial diseases. Also, due to its inherent hygienic nature, artificial reproduction may prove to be a more effective way of controlling diseases than natural breeding.
Globally several governments have taken measures to provide telephonic assistance to animal husbandry and even deliver artificial insemination services directly to farmers. The population growth has mainly led to a rise in demand for animal products, which has also resulted in an increase in artificial insemination as farmers try to meet this growing demand.
COVID-19 Impact
COVID-19 is unlikely to spread to humans from animals, despite evidence and approval to this effect. Globally, the Coronavirus pandemic has weakened the supply chain, resulting in a shortage of animal health products, such as nutritional feed. Thus, it might include animal feed, which could negatively impact reproductive efficiency. India’s Animal Husbandry Department launched a program in June 2020 to protect its employees and farmers from the Covid-19. Several poultry owners and farmers received telephonic assistance through this program. During the lockdown period, farmers were also offered artificial insemination at their doorstep. Such initiatives helped increase market share.
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Regional Overview
In 2020, Europe accounted for the largest share of the veterinary artificial reproduction market. It is attributable to a rise in healthcare awareness and growth in fishery and animal husbandry products, which will drive the veterinary artificial reproduction market in the coming years. In addition, the presence of leading players in the region fuels market growth. The Asia-Pacific region anticipates registering the highest CAGR between 2021 and 2027 due to the high number of livestock populations in Asia-Pacific. Milk and animal-based protein consumption are on the rise, and government initiatives are encouraging market growth. In addition, this area should continue to grow as more innovation toward artificial reproduction takes place.
Key Players
The leading prominent companies in the global veterinary artificial reproduction market are:
Bovine Elite LLC
Neogen Corporation
Agtech Inc.
IMV Technologies
Zoetis Inc.
National Meditek
Kruuse
Select Sires Inc.
SEMEX
Swine Genetics International
Other Prominent Players
Aim of the Report
The global veterinary artificial reproduction market segmentation focuses on Product, Technique, End-User, and Region.
Segmentation based on Product
Equipment
Reagents and Kits
Others
Segmentation based on Technique
Artificial Insemination
In- Vitro Fertilization (IVF) Technology
Others
Segmentation based on End-User
Veterinary Hospitals
Veterinary Clinics
Others
Segmentation based on Region
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North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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Key Questions Answered in the Market Report
• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies?
• What is the outlook for the impact market during the forecast period 2021-2030?
• What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration?
• What is the end user perception toward?
• How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021?
• What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration?
• What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration?
• What are the key strategies adopted by companies in the impact market?
• What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030?
• What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market?
• Who are the key end users of pharmaceutical quality? What is their respective share in the impact market?
• Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030?
• Which are the key players in the impact market?
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