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In 2022, the market for swine artificial insemination was valued at USD 1.91 billion. From 2023 to 2030, it is anticipated that the market will expand at a CAGR of 7.67%. The demand for sustainable food production, rising consumption of hog meat, acceptance of artificial insemination in swine, and activities by important industry participants are some of the major drivers of market growth. According to OECD projections, the amount of pork consumed worldwide is expected to rise from 112.58 megatons in 2022 to 127.27 megatons in 2029. China is a big producer and consumer of pork meat among the various nations, and it is anticipated that it will continue to hold a monopoly during the projection period.
From 2018 to 2022, the market was significantly influenced by the COVID-19 pandemic, African swine fever outbreaks, the Russia-Ukraine conflict, and macroeconomic challenges. The market has been able to rebound and steadily expand thanks to the rising demand for pork around the world. The need for pork is anticipated to rise along with the population, and artificial insemination is anticipated to be essential in supplying this demand. According to OECD predictions, the consumption of hog meat in the BRICS nations is anticipated to increase from 55.26 mega tonnes in 2022 to 64.45 mega tonnes in 2025. Thus, it is anticipated that demand for and adoption of artificial insemination methods in pigs would rise over time.
Other factors influencing the market growth include the growing emphasis on sustainable food production, animal genetics, and worries about zoonoses. Swine farmers are becoming more and more aware of the advantages of artificial insemination, which frequently results in higher productivity and better herd health. Because of this, swine breeders are increasingly using products and services for artificial insemination to create pigs that are more disease-resistant, have better meat quality, and are more effective at turning feed into meat. Overall, it is anticipated that the swine artificial insemination market will continue to expand in the years to come due to growing public awareness of the advantages of pig artificial insemination and continued technological developments in the industry.
The COVID-19 pandemic, African swine flu, and 2022's macroeconomic difficulties all had a big effect on the market. In 2018–19, the African Swine Fever had a significant impact, leading to a noticeable drop in sow herds in important markets like China. High grain, fuel, and fertiliser prices; the ongoing negative effects of COVID-19 on operations; supply chain challenges; and inflationary pressures on input costs were all problems that customers throughout the value chain had to deal with. Even though some issues will likely continue into 2023, the industry in important nations is anticipated to expand steadily. Market leaders have been forced to develop swine production as a result of the emergence of diseases like African Swine Fever and other difficulties. Higher productivity and output are still needed, and these difficulties and the growing realities of market consolidation are driving this trend. For instance, Genus Plc, a major player in the market, increased its pig production in response to the glut of pork through technologically advanced pig production, which was also aided by the legislative effort to professionalise the industry.
Players in the market have started to take advantage of the expanding market potential. For instance, Hendrix Genetics opened a commercial unit in China by the end of 2022. With a primary focus on swine and poultry, the corporation first established nuclear and pedigree farms for popular species in the nation. Additionally, businesses like Semen Cardona S.L. are looking for business potential in developing nations like the Philippines, Mexico, Colombia, etc. In Mexico, the firm provided more than 0.7 million doses of semen in 2022. In the upcoming years, market growth is anticipated to be fueled by similar initiatives from major players in the industry.
Due to its many advantages, including its capacity to enhance genetics, lessen the spread of illness, and boost output, the demand for swine artificial insemination has been rising over time. Additionally, pig farming can use artificial insemination to increase overall production and profitability. Pig farmers can produce piglets with better development rates, enhanced meat yields, and improved feed conversion ratios by employing high-quality semen from genetically superior boars. Pig farmers ultimately make more money as a result of this. Thus, it is anticipated that during the projection period, the market will rise as more people become aware of the advantages of inseminating pigs artificially.
Report Coverage
Global Swine Artificial Insemination research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Swine Artificial Insemination report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Swine Artificial Insemination competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Swine Artificial Insemination market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Swine Artificial Insemination market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Swine Artificial Insemination market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Genus Plc; IMV Technologies; Shipley Swine Genetics; Agtech, Inc.; Neogen Corporation.; GenePro, Inc. ; MINITÜB GMBH; Swine Genetics International; Hypor BV; Semen Cardona S.L.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Swine Artificial Insemination market based on the below-mentioned segments:
Global Swine Artificial Insemination Market, By Solutions
Equipment & Consumables
Semen
Services
Global Swine Artificial Insemination market, By Distribution Channel
Private
Public
Global Swine Artificial Insemination market, Regional Analysis
From 2018 to 2022, the market was significantly influenced by the COVID-19 pandemic, African swine fever outbreaks, the Russia-Ukraine conflict, and macroeconomic challenges. The market has been able to rebound and steadily expand thanks to the rising demand for pork around the world. The need for pork is anticipated to rise along with the population, and artificial insemination is anticipated to be essential in supplying this demand. According to OECD predictions, the consumption of hog meat in the BRICS nations is anticipated to increase from 55.26 mega tonnes in 2022 to 64.45 mega tonnes in 2025. Thus, it is anticipated that demand for and adoption of artificial insemination methods in pigs would rise over time.
Other factors influencing the market growth include the growing emphasis on sustainable food production, animal genetics, and worries about zoonoses. Swine farmers are becoming more and more aware of the advantages of artificial insemination, which frequently results in higher productivity and better herd health. Because of this, swine breeders are increasingly using products and services for artificial insemination to create pigs that are more disease-resistant, have better meat quality, and are more effective at turning feed into meat. Overall, it is anticipated that the swine artificial insemination market will continue to expand in the years to come due to growing public awareness of the advantages of pig artificial insemination and continued technological developments in the industry.
The COVID-19 pandemic, African swine flu, and 2022's macroeconomic difficulties all had a big effect on the market. In 2018–19, the African Swine Fever had a significant impact, leading to a noticeable drop in sow herds in important markets like China. High grain, fuel, and fertiliser prices; the ongoing negative effects of COVID-19 on operations; supply chain challenges; and inflationary pressures on input costs were all problems that customers throughout the value chain had to deal with. Even though some issues will likely continue into 2023, the industry in important nations is anticipated to expand steadily. Market leaders have been forced to develop swine production as a result of the emergence of diseases like African Swine Fever and other difficulties. Higher productivity and output are still needed, and these difficulties and the growing realities of market consolidation are driving this trend. For instance, Genus Plc, a major player in the market, increased its pig production in response to the glut of pork through technologically advanced pig production, which was also aided by the legislative effort to professionalise the industry.
Players in the market have started to take advantage of the expanding market potential. For instance, Hendrix Genetics opened a commercial unit in China by the end of 2022. With a primary focus on swine and poultry, the corporation first established nuclear and pedigree farms for popular species in the nation. Additionally, businesses like Semen Cardona S.L. are looking for business potential in developing nations like the Philippines, Mexico, Colombia, etc. In Mexico, the firm provided more than 0.7 million doses of semen in 2022. In the upcoming years, market growth is anticipated to be fueled by similar initiatives from major players in the industry.
Due to its many advantages, including its capacity to enhance genetics, lessen the spread of illness, and boost output, the demand for swine artificial insemination has been rising over time. Additionally, pig farming can use artificial insemination to increase overall production and profitability. Pig farmers can produce piglets with better development rates, enhanced meat yields, and improved feed conversion ratios by employing high-quality semen from genetically superior boars. Pig farmers ultimately make more money as a result of this. Thus, it is anticipated that during the projection period, the market will rise as more people become aware of the advantages of inseminating pigs artificially.
Report Coverage
Global Swine Artificial Insemination research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Swine Artificial Insemination report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Swine Artificial Insemination competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Swine Artificial Insemination market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Genus Plc; IMV Technologies; Shipley Swine Genetics; Agtech, Inc.; Neogen Corporation.; GenePro, Inc. ; MINITÜB GMBH; Swine Genetics International; Hypor BV; Semen Cardona S.L. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Swine Artificial Insemination Market from 2021 to 2030.
- Market Forecast for Swine Artificial Insemination Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Swine Artificial Insemination competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Swine Artificial Insemination
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Swine Artificial Insemination market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Swine Artificial Insemination market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Genus Plc; IMV Technologies; Shipley Swine Genetics; Agtech, Inc.; Neogen Corporation.; GenePro, Inc. ; MINITÜB GMBH; Swine Genetics International; Hypor BV; Semen Cardona S.L.
Primary Target Market
- Market Players of Swine Artificial Insemination
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Swine Artificial Insemination market based on the below-mentioned segments:
Global Swine Artificial Insemination Market, By Solutions
Equipment & Consumables
Semen
Services
Global Swine Artificial Insemination market, By Distribution Channel
Private
Public
Global Swine Artificial Insemination market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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