According to Future Market Insights (FMI) analysis, demand for animal artificial insemination is expected to rise considerably, enabling the animal artificial insemination market to surpass US$ 2.0 Bn in valuation by the end of 2021.
Rising initiatives by various governments worldwide to ensure food security are expected to sustainably drive demand for artificial insemination in animals. Besides this, demand for genetically superior quality cattle breed will have a positive impact on the market.
Increasing consumption of animal protein and demand for high-quality milk and dairy products will fuel the demand for animal artificial insemination procedures between 2021 and 2031.
Get Free Sample Report of Animal Artificial Insemination Market @ https://www.futuremarketinsights.com/reports/sample/rep-gb-10831
Global meat production has increased in the past several years and is estimated to increase from 218 million tons to 376 million tons by 2030. According to the Organization for Economic Co-operation and Development (OECD), the U.S. meat consumption was on average of 35kg per capita in 2020.
There also has been an increase in per capita consumption of milk and milk products. According to the OECD and FAO, in 2020, the global per capita dairy consumption of milk and dairy products was estimated at 113.7 kg. Also, it is estimated that this number is expected to increase by 44% by 2029.
The rise in consumption of animal proteins and milk products has made dairy farmers and livestock breeders to focus on obtaining genetically better breed for large-scale productions. This also is expected to boost the growth of the animal artificial insemination market.
Key Companies Profiled :
- Elanco Animal Health
- Boehringer Ingelheim
- Zoetis Inc.
- Merck & Co., Inc.
- Swine Genetics International
- Revival Animal Health Inc.
- Jorgensen Laboratories Inc.
- Agtech Inc.
- ABS Global, Inc.
- Continental Plastic Corporation
- IVM Technologies
Key Takeaways from Animal Artificial Insemination Market Study
- Despite restricted growth amid pandemic crisis, the demand for artificial insemination is expected to witness a small push and thus, is expected to rise nearly 5.4 % CAGR between 2021 and 2031.
- Growing awareness regarding animal health and growth in per capita animal expenditure are the key factors attributable for the rising demand of artificial insemination process.
- The U.S. accounted for the largest share of 93% of the North America animal artificial insemination market through the forecast period.
- In 2021, Germany led the Europe animal artificial insemination market, followed by France and U.K., accounting for more than 20% and 15 % respectively.
- China is the fastest-growing market in East Asia, exhibiting a 7.4% CAGR through 2031.
Ask from the Market Research Expert @ https://www.futuremarketinsights.com/ask-question/rep-gb-10831
Product type
- Insemination Equipment
- Catheters
- Micromanipulation Pipettes
- Insemination Gun
- Artificial Insemination Syringe
- Insemination Sheath
- Artificial Insemination Applicator
- Reagent Media
- Bovine Media
- Equine Media
- IVF Media
- Thawer
- Accessories
- Artificial Insemination Kits
- Others
- Artificial Insemination Straws
Animal Type
- Canine
- Feline
- Swine
- Bovine
- Equine
- Ruminant
Procedure Type
- Semen Collection Procedures
- Artificial Vagina
- Electrostimulation
- Insemination Procedures
- Recto Vaginal
- Spectrum
- Vaginal
End Users
- Animal Hospitals
- Animal Clinics
- Animal Breeding Centers
- Others
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa (MEA)
Buy this report @https://www.futuremarketinsights.com/checkout/10831
About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com