India Veterinary Artificial Insemination Market is expected to continue witnessing exponential growth over the forecast period.
India Veterinary Artificial Insemination Industry Overview The India veterinary artificial insemination market size was valued at USD 80.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 15.7% from 2021 to 2028. The increasing demand for milk and advancement in Artificial Insemination (AI) techniques are the factors propelling the market. Milk production in India has grown by 6.5% from 2018 to 2019 as per the National Dairy Development Board and the country continues to be the largest milk-producing nation. The growth of the dairy industry is driven by the rising population, accelerated economic growth, urbanization, and enhanced purchasing power of the average population. This demand is expected to continue witnessing exponential growth over the forecast period. Gather more insights about the market drivers, restrains and growth of the India Veterinary Artificial Insemination Market During the COVID-19 pandemic, disruption in supply...