Brazilian farmers have started using this technique to increase earnings, which has resulted in the introduction of sires with superior genetics. Population growth is increasing food demand, raising questions about how to produce enough animal proteins to fulfill the rising need. For instance, in 2023, the country recorded the highest level of cattle slaughtering, an increase of 24.1% in Q1 2024 over the last semester of 2023, making it one of the top four beef producers in the world, according to data by IBGE Brazil.
Furthermore, IBGE noted that cattle slaughter amounted to about 9.24 million heads in Q1 2024. Furthermore, raw milk production was at a record high of 6.20 billion liters in 2023, a 3.4% rise from 2022. All these factors present a very lucrative picture for AI activities in the country, owing to increasing global and domestic demand for meat and dairy products from cattle.
The efficient use of this AI technology has translated into an overall rise in the country's adoption of AI for dairy & meat production. For instance, as per the 2024 data from the ASBIA index, usage of AI in dairy and meat production increased from 8.7% & 13.00%, respectively, in 2018 to 12.3% & 23.1% in 2023. All these factors are collectively responsible for increasing the adoption of veterinary AI in Brazil, consequently driving the demand for different solutions like equipment, semen, and AI services.
Brazil Veterinary Artificial Insemination Market Report Highlights
- The services segment accounted for the largest revenue share of 42.57% in 2024. The semen segment of the Brazil veterinary artificial insemination (AI) industry is anticipated to grow at the fastest CAGR of 9.88% over the forecast period due to several factors.
- The private segment dominated the Brazil veterinary artificial insemination (AI) market in terms of revenue in 2024 and is anticipate to grow at the fastest CAGR over the forecast period.
- The bovine segment dominated the Brazil veterinary artificial insemination (AI) industry with a revenue share of 66.19% in 2024 and a CAGR of over 9.67% over the forecast period.
- The meat segment dominated the Brazil veterinary artificial insemination (AI) market with a share of over 61% in 2024. The dairy segment is expected to grow with the fastest CAGR in the market over the forecast period.
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Table of Contents
Companies Mentioned
The major companies featured in this Brazil Veterinary Artificial Insemination market report include:- URUS Group
- TAIRANA (SEMEX group)
- IMV Technologies
- MINITÜB GMBH
- Genus
- CRV
- World Wide Sires, Ltd.
- Livestock Improvement Corporation Ltd (LIC)
- Flatness International
- International Protein Sires
- Semen Cardona
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | May 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 606 Million |
Forecasted Market Value ( USD | $ 1000 Million |
Compound Annual Growth Rate | 9.2% |
Regions Covered | Brazil |
No. of Companies Mentioned | 11 |