Saudi Arabia Veterinary Medicine Market is Bound to Experience Impressive Growth with Anticipated CAGR in the Forecast Period, 2023-2027, on the Account of Advancing Pharmaceutical Products and Their Availability for the Animal Welfare in the Country.
Animal Welfare Concerns Drive Market GrowthRapidly growing population of companion animals like cats, dogs, camels, etc. is majorly responsible for the growth of the Saudi Arabia veterinary medicine market in the upcoming five years. With increasing companion animal population, the pet owners are quite concerned regarding long and short term health conditions of their pets. Thus, the surge in the demand for better healthcare facility, advanced pharmaceutical products, therapeutic medicines and drugs are anticipated to further support the growth of the Saudi Arabia veterinary medicine market in the next five years.
Increasing demand for animal based food products like milk & dairy products, poultry products, etc. is also substantiating the growth of the Saudi Arabia veterinary medicine market in the future five years. Rising concerns toward food products and its safety, and after consideration of various diseases being caused due to consumption of animal products, maintenance of health and well being of the animals is a serious issue, and generates higher demand for the veterinary medicines, and thus aiding market growth.
Technological Advancement Leads Market GrowthRapidly growing healthcare system in the country is also focused on animal healthcare as much as it is concerned toward human healthcare systems. Growing advancements in the pharmaceutical sector, advancements in the drugs that are best suited for the pet animals as well as production animals being harvested, is driving the market growth in the upcoming five years. Rapidly increasing instances of zoonotic diseases like cat scratch disease is increasing in the country and supporting the growth of the Saudi Arabia veterinary medicine market in the next five years.
Increasing research and product development in the sector like rapidly growing demands for vaccines against various diseases for the companion animals, pharmaceutical products that are provided for treatment purposes to the animals, and feed additives, that are anticipated to build their immunity, enhance their growth, aid their fur textures, etc. are also responsible for the surging demands for the veterinary medicine advancement, and thus supports market growth in the forecast years.
Market SegmentationThe Saudi Arabia veterinary medicine market segmentation is based on animal type, product type, end user, source, competitional landscape, and regional distribution. Based on animal type, the market is differentiated between production animals and companion animals. Production animals are produce generating animals like poultry, swine, cattle, and others. Companion animals are the pet animals that includes dogs, cats, horses and others. Based on product type, the market is bifurcated into vaccine, pharmaceuticals, and medicated feed additives. Vaccines are categorized into inactive vaccines, attenuated vaccines, recombinant vaccines, and others. Pharmaceuticals sub-segment includes parasiticides, analgesics, anti-inflammatory, anti-infectives, and others. Whereas medicated feed additives segment consists of amino acids, antibiotics, and others. Market segmentation on the basis of end user is differentiated into veterinary hospitals & clinics, reference laboratories, and others. Also, based on source, the market is further distinguished between domestic and import sources. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern & Central region, Eastern region, Western region, and Southern region.
Company ProfileMAS Group, Saudi Pharmaceutical Industries, The Arab Pesticides and Veterinary Drugs Mfg. Co (Mobedco), Merck Animal Health (MSD), Boehringer Ingelheim GmbH Saudi Arabia, Elanco Animal Health Saudi Arabia, Virbac Saudi Arabia, among others is a partial list of major market players of the companies responsible for the growth of Saudi Arabia veterinary medicine market.
Report Scope:In this report, Saudi Arabia veterinary medicine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Saudi Arabia Veterinary Medicine Market, By Animal Type:
Saudi Arabia Veterinary Medicine Market, By Product Type:
- Inactive Vaccines
- Attenuated Vaccines
- Recombinant Vaccines
- Medicated Feed Additives
- Amino acids
Saudi Arabia Veterinary Medicine Market, By End User:
- Veterinary Hospitals & Clinics
- Reference Laboratories
Saudi Arabia Veterinary Medicine Market, By Source:
Saudi Arabia Veterinary Medicine Market, By Region:
- Northern & Central Region
- Eastern Region
- Western Region
- Southern Region
Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in Saudi Arabia veterinary medicine market.
Available Customizations:With the given market data, the publisher offers customizations according to a company’s specific needs.
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Table of Contents
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Animal Type (Production v/s Companion)
18.104.22.168. By Production (Poultry, Swine, Cattle, Others)
22.214.171.124. By Companion (Dogs, Cats, Horses, Others)
6.2.2. By Product Type (Vaccine, Pharmaceuticals, Medicated Feed Additives)
6.2.3. By End User (Veterinary Hospitals & Clinics, Reference Laboratories, Others)
6.2.4. By Source (Domestic v/s Import)
6.2.5. By Region
6.2.6. By Company (2021)
6.3. Product Market Map
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Inactive Vaccines, Attenuated Vaccines, Recombinant Vaccines, Others)
7.2.2. By End User
7.2.3. By Source
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Parasiticides, Analgesics, Anti-Inflammatory, Anti-infectives, Others)
8.2.2. By End User
8.2.3. By Source
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Aminoacids, Antibiotics, Others)
9.2.2. By End User
9.2.3. By Source
15.2. Company Profiles
15.2.1. MAS Group
15.2.2. Saudi Pharmaceutical Industries
15.2.3. The Arab Pesticides and Veterinary Drugs Mfg.Co (Mobedco)
15.2.4. Merck Animal Health (MSD)
15.2.5. Boehringer Ingelheim GmbH Saudi Arabia
15.2.6. Elanco Animal Health Saudi Arabia
15.2.7. Virbac Saudi Arabia
A selection of companies mentioned in this report includes:
- MAS Group
- Saudi Pharmaceutical Industries
- The Arab Pesticides and Veterinary Drugs Mfg.Co (Mobedco)
- Merck Animal Health (MSD)
- Boehringer Ingelheim GmbH Saudi Arabia
- Elanco Animal Health Saudi Arabia
- Virbac Saudi Arabia