Germany Veterinary Assistive Reproduction Technology Market Size & Outlook
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Germany veterinary assistive reproduction technology market highlights
- The Germany veterinary assistive reproduction technology market generated a revenue of USD 141.7 million in 2023 and is expected to reach USD 209.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, normal semen was the largest revenue generating product in 2023.
- Sexed Semen is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary assistive reproduction technology market data book summary
| Market revenue in 2023 | USD 141.7 million |
| Market revenue in 2030 | USD 209.4 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Normal semen |
| Fastest growing segment | Sexed Semen |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Normal Semen, Sexed Semen |
| Key market players worldwide | Genus PLC, CRV, URUS Group, SEMEX, Select Sires Inc., Swine Genetics International, National Dairy Development Board, STgenetics, VikingGenetics, Geno |
Other key industry trends
- In terms of revenue, Germany accounted for 5.4% of the global veterinary assistive reproduction technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany veterinary assistive reproduction technology market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 169.1 million by 2030.
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Veterinary Assistive Reproduction Technology Market Scope
Veterinary Assistive Reproduction Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Geno | View profile | 101-250 | Hamar, Hedmark, Norway, Europe | https://www.geno.no/ |
| VikingGenetics | View profile | 101-250 | Hamburg, Hamburg, Germany, Europe | https://www.vikinggenetics.de |
| National Dairy Development Board | View profile | 1001-5000 | Anand, Gujarat, India, Asia | http://www.nddb.org |
| Select Sires Inc. | View profile | 251-500 | Plain City, Ohio, United States, North America | http://selectsires.com |
| SEMEX | View profile | 1001-5000 | Guadalupe, Nuevo Leon, Mexico, North America | http://www.semex.com.mx/ |
| STgenetics | View profile | 1001-5000 | Navasota, Texas, United States, North America | https://www.stgen.com/default.aspx |
| Swine Genetics International | View profile | - | Cambridge, Iowa, United States, North America | https://swinegenetics.com |
| CRV | View profile | 1001-5000 | Arnhem, Gelderland, The Netherlands, Europe | https://crv4all.nl |
| URUS Group | View profile | 1001-5000 | Madison, Wisconsin, United States, North America | https://www.urus.org |
| Genus PLC | View profile | 3536 | Matrix House, Basing View, Basingstoke, Hants, United Kingdom, RG21 4DZ | https://www.genusplc.com |
Germany veterinary assistive reproduction technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary assistive reproduction technology market will help companies and investors design strategic landscapes.
Normal semen was the largest segment with a revenue share of 81.86% in 2023. Horizon Databook has segmented the Germany veterinary assistive reproduction technology market based on normal semen, sexed semen covering the revenue growth of each sub-segment from 2018 to 2030.
The market for veterinary assistive reproduction technologies in Germany is driven by the rising animal adoption & cattle population, increasing preventative care for animals, and growing awareness about the significance of farm-based AI.
Moreover, according to the International Committee for Animal Recording (ICAR), around 50% of German farms specialize in livestock, which is anticipated to drive the veterinary assistive reproduction technologies market.
In addition, the cattle production industry in Germany is highly organized and has a wealth of breeding experience, slaughter, & milk production. Furthermore, sustainable breeding programs and effective farm management are built on the most advanced dairy & milk cow performance and testing standards.
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Target buyers of Germany veterinary assistive reproduction technology market databook
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Our clientele includes a mix of veterinary assistive reproduction technology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany veterinary assistive reproduction technology market , including forecasts for subscribers. This country databook contains high-level insights into Germany veterinary assistive reproduction technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany veterinary assistive reproduction technology market size, by product, 2018-2030 (US$M)
Germany Veterinary Assistive Reproduction Technology Market Outlook Share, 2023 & 2030 (US$M)
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