Veterinary Artificial Insemination Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Veterinary Artificial Insemination Market is Segmented by Product Type (Equipment, Reagents and Kits, and Other Product Types), End User (Veterinary Hospitals, Veterinary Clinics, and Other End Users), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.

Market Snapshot

Veterinary Artificial Insemination Market Summary
Study Period: 2019-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 4.66 %
Veterinary Artificial Insemination Market Major Players

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Market Overview

The Veterinary Artificial Insemination Market is projected to register a CAGR of 4.66% during the forecast period (2022-2027).

The COVID-19 pandemic has created a significant adverse impact on different sectors, including the veterinary sectors in several countries. It has caused disruptions in livestock and poultry value chains, leading to a fall in the procurement and sale of animal-sourced food. Animals suffered due to a lack of adequate feed and veterinary care, such as the need for timely artificial insemination, timely pregnancy check, and de-worming. To safeguard farmers and employees against COVID-19, the Animal Husbandry Department of India launched a program in June 2020, which offered telephonic assistance to poultry farmers and owners. Additionally, artificial insemination was delivered to farmers at their doorstep during the COVID-19 pandemic. Therefore, such initiatives have contributed to market growth.

The factors driving the market growth include the growing animal and fishery industry and the increasing burden of sexually transmitted diseases. As per an article titled “Controlling sexually transmitted diseases in cattle” published in March 2022, sexually transmitted diseases (STDs), such as vibriosis and bovine trichomoniasis (trich), can become a major problem and result in substantial production losses. Hence, protecting farm animals from the spread of sexually transmitted diseases is expected to drive the market. Furthermore, globally, the demand for the superior breed of animals is increasing, which, in turn, is increasing the demand for artificial insemination procedures in animals. Additionally, globally, the rising human population and associated advantages, such as decreased cost of housing, increased efficiency of bull usage, safety for farmers and animals, genetic selection, and handling of bulls, are anticipated to drive market growth in the future.

The artificial insemination technique helps reduce many of the transmitted diseases among veterinary animals. It allows greater efficiency in terms of genetics and crossbreeding of animals. As per an article titled “Success rate of artificial insemination, reproductive performance and economic impact of the failure of first service insemination: a retrospective study” published in June 2022, artificial insemination (AI) is recognized as the best technique for increasing reproductive capacity and has received a widespread application in farm animals in Ethiopia. The success of AI is also influenced by endometrial thickness, artifcial insemination timing, insemination frequency, and ovarian stimulation protocols. This is expected to increase the demand for artificial insemination (AI) and drive market growth in the forecast period.

Furthermore, as per the Food and Agriculture Organization of the United Nations, October 2021, approximately 50% of the world’s population consumes fish as food, which is driving the need for larger production of animals. Therefore, this is expected to boost the demand for veterinary artificial insemination.

However, the high cost of equipment and procedures is expected to restrain the market growth during the forecast period.

Scope of the Report

As per the scope of the report, artificial insemination is a technique of breeding animals through frozen straws with the help of various equipment and reagents. The veterinary artificial insemination market is segmented by product type (equipment, reagents and kits, and other product types), end user (veterinary hospitals, veterinary clinics, and other end users), and geography (North America, Europe, Asia Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.

By Product Type
Equipment
Reagents and Kits
Other Product Types
By End User
Veterinary Hospitals
Veterinary Clinics
Other End Users
By Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

The Veterinary Hospital Segment is Expected to Gain a Significant Market Share in the Veterinary Artificial Insemination Market

The veterinary hospital segment is expected to witness significant growth in the market, owing to the rising livestock population, higher prevalence of transmitting diseases, and increasing artificial insemination techniques. In India, Animal Husbandry Department launched a program to safeguard its employees and farmers against COVID-19. The veterinary hospitals provided artificial insemination services during the COVID-19 pandemic with preventive measures, such as gloves, masks, sanitizers, and floor cleaners, to maintain the optimal level of hygiene. In the United States, ABC Veterinary Hospital provided artificial insemination services by keeping staff and pet parents safe during the COVID-19 outbreak and implemented new procedures to prevent COVID-19 infection.

Globally, an increasing number of hospitals performing artificial insemination techniques and a rising number of veterinarians are driving the market growth. For instance, as per Animal Husbandry, Dairying and Fisheries Department 2020-2021 report, in India, field institutions of the department provided breeding services to the cattle population. Furthermore, an artificial insemination service was provided for cattle and buffaloes at the cost of INR 10 per insemination. A total of 48.88 lakh artificial inseminations were performed during the 2019-2020 period.

Furthermore, animals that are in close contact or share the same environment may result in the spreading of infectious diseases. For instance, in 2019, South Korea discovered its first outbreak of deadly African swine fever (ASF) at a pig farm in Paju, Gyeonggi Province, South Korea. Thus, livestock diseases are also contributing to a set of problems within livestock production systems. These problems include productivity losses, uncertain food security, and loss of income, among others, which are adversely affecting human health. Hence, in order to prevent infectious diseases, it is expected to raise demand for artificial insemination in the coming years.

Therefore, these factors are expected to drive the need for artificial mating and positively influence the veterinary artificial insemination market.

Veterinary Artificial Insemination Market - Total Number of Cattle Population (in million), Global, 2019-2022

Asia-Pacific is Expected to Witness a Significant Growth in the Market During the Forecast Period

The major factors driving the veterinary artificial insemination market growth in the Asia-Pacific region include growing infectious diseases in animals and increasing awareness about artificial insemination among people. In Asia, countries, like India, China, and South Korea, are severely affected due to the COVID-19 outbreak. During the COVID-19 pandemic, in May 2020, in India, the National Dairy Development Board (NDDB) launched an interactive webinar to create awareness about procedures to be followed in the dairy value chain during the COVID-19 pandemic. Additionally, artificial insemination and breeding management, difficulties faced by co-operatives, and ensured regular payments to farmers have boosted the market growth.

Avian influenza is a highly contagious viral disease affecting several species of food-producing birds, such as chickens, quails, and pet birds. For instance, as per the World Organisation for Animal Health, key facts data updated in 2021, in Asia countries, Avian influenza continues to cause severe losses in poultry. Moreover, there is a rising in the adoption of artificial insemination to reduce the risk of infectious disease transmission among veterinary animals. 

According to a research article by M A Hannan et al., published in the Journal of Veterinary Medical Science in February 2019, embryo transfer in Japan by artificial insemination using frozen semen was found to be useful in improving the productivity of Japanese domestic and special riding horses. As per Animal Husbandry, Dairying and Fisheries Department 2020-2021 report, in India, the department introduced the new technology of sexing the semen by which the sperm responsible for the birth of male calves are sorted and eliminated, and as a consequence, only female calves are produced. Additionally, the government has proposed to adopt new technology by using 2,000 numbers of such semen doses, which may be used for artificial insemination in the farmer's animals on a pilot basis. For instance, in August 2019, Obstetrics of Madras Veterinary College and the Department of Veterinary, Gynecology started artificial insemination in cattle using sexed semen. Hence, the factors mentioned above are expected to fuel the market growth in the region.

Veterinary Artificial Insemination Market - Growth Rate by Region

Competitive Landscape

The veterinary artificial insemination market is moderately competitive, with the presence of both international and local companies. Some of the companies in the veterinary artificial insemination market are IMV Technologies, Neogen Corporation, Bovine Elite LLC, Agtech Inc., and Zoetis Inc., among others.

Major Players

  1. IMV Technologies

  2. Neogen Corporation

  3. Bovine ELite LLC

  4. Agtech Inc.

  5. Zoetis Inc.

Veterinary Artificial Insemination Market Concentration

Recent Developments

  • In April 2022, Over 400 mobile veterinary units have been approved by the central government for the over 4.6 crore livestock of Madhya Pradesh, India. Each vehicle will have a veterinarian, a paravet, and a vehicle driver-cum-assistant. It will have equipment related to veterinary, minor surgery, and artificial insemination among other facilities
  • In August 2020, Cogent collaborated with AB Europe, a sheep breeding company, to launch a novel sexed semen service for sheep producers in the United Kingdom.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Growing Animal Husbandry and Fishery Industry

      2. 4.2.2 Increasing Burden of Venereal Diseases in Animals

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Equipment

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Buyers/Consumers

      2. 4.4.2 Bargaining Power of Suppliers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Equipment

      2. 5.1.2 Reagents and Kits

      3. 5.1.3 Other Product Types

    2. 5.2 By End User

      1. 5.2.1 Veterinary Hospitals

      2. 5.2.2 Veterinary Clinics

      3. 5.2.3 Other End Users

    3. 5.3 By Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia Pacific

      4. 5.3.4 Middle-East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Bovine Elite LLC

      2. 6.1.2 KRUUSE

      3. 6.1.3 Agtech Inc.

      4. 6.1.4 IMV Technologies

      5. 6.1.5 Tek-Event

      6. 6.1.6 Zoetis Inc.

      7. 6.1.7 Neogen Corporation

      8. 6.1.8 Iherdsman

      9. 6.1.9 Swine Genetics International

      10. 6.1.10 Select Sires Inc.

      11. 6.1.11 GENEX Cooperative

      12. 6.1.12 Genus PLC (ABS Global)

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Frequently Asked Questions

The Global Veterinary Artificial Insemination Market market is studied from 2019 - 2027.

The Global Veterinary Artificial Insemination Market is growing at a CAGR of 4.66% over the next 5 years.

The Global Veterinary Artificial Insemination Market is valued at 3869 Million USD in 2019.

The Global Veterinary Artificial Insemination Market is valued at 5069 Million USD in 2027.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

IMV Technologies, Neogen Corporation, Bovine ELite LLC, Agtech Inc., Zoetis Inc. are the major companies operating in Global Veterinary Artificial Insemination Market .

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