Press Release

Swine Artificial Insemination Market to Grow with a CAGR of 6.50% through 2028

Increasing global demand for pork, and the quest for genetic improvement are expected to drive the Global Swine Artificial Insemination Market growth in the forecast period, 2024-2028.

 

According to TechSci Research report, “Swine Artificial Insemination Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Swine Artificial Insemination Market stood at USD 1.85 billion in 2022 and is anticipated to grow with a CAGR of 6.50% in the forecast period, 2024-2028. This can be attributed to globalization of the swine industry. The globalization of the swine industry has led to increased competition and the exchange of genetic materials across borders. Swine producers are now looking beyond their domestic markets for superior genetics and are willing to invest in artificial insemination services and technologies to remain competitive on a global scale. Furthermore, niche markets for specialty pork products, such as organic, heritage, or premium-quality pork, are growing. Swine artificial insemination allows producers to tailor their breeding programs to cater to these specific markets, meeting the unique demands of consumers seeking high-quality and ethically produced pork. The market's growth is being propelled by several key factors, including the increasing consumption of pork meat, the adoption of artificial insemination in swine, the demand for sustainable food production, and strategic initiatives by major industry players. According to estimates from the OECD, global pork meat consumption is expected to rise from 112.58 megatons in 2022 to 127.27 megatons by 2029. Among the various countries, China stands out as a significant producer and consumer of pork meat and is anticipated to maintain its dominant position throughout the forecast period.

The market faced significant challenges in 2022, primarily due to the impact of African swine fever, the COVID-19 pandemic, and broader macroeconomic difficulties. The African swine fever outbreak, for instance, had a substantial effect in 2018-19, leading to a notable reduction in sow herds in key markets like China. Participants in the value chain also grappled with issues such as elevated grain, fuel, and fertilizer prices, ongoing disruptions caused by COVID-19, supply chain obstacles, and inflationary pressures on input costs.

While certain challenges persist in 2023, the market is expected to exhibit steady growth in key countries. Factors like disease outbreaks such as African swine fever and other hurdles have compelled market leaders to innovate in swine production. These challenges, combined with the ongoing trend of market consolidation, are driving the push for increased productivity and output. For example, Genus Plc, a prominent industry player, expanded its pig production operations following a shortfall in pork supply by adopting technified pig production methods, which align with legislative efforts to professionalize the sector.

Market participants are now actively capitalizing on the growing opportunities within the market. Towards the end of 2022, Hendrix Genetics established a dedicated business unit in China, initially focusing on swine and poultry by setting up nuclear and pedigree farms for popular species in the country. Similarly, companies like Semen Cardona S.L. are exploring emerging markets such as the Philippines, Mexico, Colombia, and others. In 2022, Semen Cardona S.L. distributed over 0.7 million doses of semen in Mexico. Such initiatives by key market players are expected to be instrumental in driving market growth in the years to come. The Global Swine Artificial Insemination Market is segmented into product, distribution channel, end user, regional distribution, and company.

Based on its distribution channel, the private sector claimed the largest market share in 2022 and is poised for rapid growth in the upcoming years. This growth can be attributed to the increasing adoption of online channels and the implementation of direct sales strategies and distribution partnerships by industry players. Numerous e-commerce firms like Alibaba.com now offer pig artificial insemination products and related supplies to their customers. Companies like Swine Genetics International also offer direct sales options to their clientele.


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In Uganda, Vetline Services, a private company, provides an array of services and products to the pig sector, including artificial insemination, boar semen analysis, pregnancy scanning, training, consulting, and more. These similar offerings directly catered to customers contribute significantly to the substantial market share of the private distribution channel segment worldwide.

Based on region, the Asia Pacific region emerged as the dominant force in the market in 2022. This can be attributed to several factors, including the substantial pig population in the region, an increasing adoption of artificial insemination techniques, and the imperative to fulfill global demand for animal protein in a more sustainable manner. According to estimates from the Food and Agriculture Organization (FAO), the global pig population in 2022 stood at approximately 975 million, with an impressive 559 million pigs residing in the Asia Pacific region alone. Notably, China, as a significant pork producer, is expected to be a major contributor to the region's growth.

On the other hand, the Latin America region is poised for the swiftest CAGR in the upcoming years. In 2022, Latin America was estimated to host the second-largest pig population, totaling around 97 million. Furthermore, according to data from Genesus Inc., this region is home to some of the largest producers, including BRF S.A., a Brazilian company with an estimated 0.39 million sows, and Aurora Alimentos in Brazil, boasting an estimated 0.26 million sows in 2021.

 

Major companies operating in Global Swine Artificial Insemination Market are:

  • Genus plc
  • IMV Technologies SADIR
  • Shipley Swine Genetics
  • Agtech Inc
  • Neogen Corp
  • Genpro Inc
  • Minitüb GmbH
  • Swine Genetics International
  • Hypor BV
  • Semen Cardona

 

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“The global swine artificial insemination market is evolving rapidly in response to technological advancements, sustainability concerns, changing consumer preferences, and the need for disease management. Precision breeding, automation, sustainability, international collaboration, and niche market access are among the key trends shaping the future of the industry. Swine producers and stakeholders who embrace these trends and leverage advanced technologies are likely to thrive in a competitive and ever-changing global market. As the swine industry continues to evolve, it will be crucial to stay attuned to these emerging trends to remain at the forefront of innovation and best practices in swine artificial insemination,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Swine Artificial Insemination Market By Product (Equipment, Semen [Normal, Sexed], Reagent, Kit, Service), By Distribution Channel (Private, Public), By End User (Hospitals, Clinics, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Swine Artificial Insemination Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Swine Artificial Insemination Market.


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Swine Artificial Insemination Market - Global Industry Size, Share, Trends Segmented By Product (Equipment, Semen [Normal, Sexed], Reagent, Kit, Service), By Distribution Channel (Private, Public), By End User (Hospitals, Clinics, Others), By Region, By Competition Forecast & Opportunities 2018-2028F

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Need for genetic improvement in swine breeds to enhance meat quality and disease resistance are factors driving the Global Swine Artificial Insemination market in the forecast period 2024-2028.

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