Saudi Arabia Animal Biotechnology Market to Grow with a CAGR of 3.50% through 2030
Surge in research and development activities is
expected to drive the Saudi Arabia Animal Biotechnology Market growth in the
forecast period, 2026-2030.
According to TechSci Research report, “Saudi Arabia
Animal Biotechnology Market - By Region, Competition, Forecast &
Opportunities, 2030F”, the Saudi Arabia Animal Biotechnology Market stood
at USD 75.84 Million in 2024 and is anticipated to grow with a CAGR of 3.50% through
2030. Initiatives taken by government based on animal biotechnology has led to
favorable market conditions for the Saudi Arabia Animal Biotechnology Market.
Several factors contribute to the growth of various animal biotechnology products.
R&D investments are fostering innovations in
animal breeding programs, enabling the creation of genetically superior
livestock with enhanced disease resistance, higher productivity, and improved
environmental adaptability. These advancements are crucial in addressing the
growing global demand for animal products, including meat, dairy, and wool,
while also ensuring the sustainability of production systems.
To prevent the spread of infectious diseases and improve livestock health, the government has launched several nationwide disease prevention and surveillance programs. These programs utilize biotechnology-based diagnostics and vaccines to control outbreaks of diseases such as foot-and-mouth disease and avian influenza. The Ministry of Environment, Water, and Agriculture (MEWA) has been instrumental in implementing these initiatives, ensuring early detection and effective responses to animal health risks.
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The Saudi Arabia Animal Biotechnology Market is
segmented into product, animal type, regional distribution, and company.
Based on Product, Biologics have emerged
as the dominating segment in the Saudi Arabia Animal Biotechnology Market in
2024. Ongoing advancements in biotechnology have led to the development of more
sophisticated and specialized biologic products. Genetic engineering,
recombinant DNA technology, and biomanufacturing techniques have improved the
quality, efficacy, and safety of biologics. These innovations have enhanced the
appeal of biologics as a reliable and cutting-edge solution for addressing
various health challenges in livestock.
Based on Region, Western have emerged as the fastest
growing region in the Saudi Arabia Animal Biotechnology Market in 2024. The
region benefits from its strategic position, including the presence of
significant agricultural activities and livestock farming, which drive the
demand for advanced biotechnological solutions. Additionally, Western Saudi
Arabia has experienced substantial investments in research and development
infrastructure, particularly in biotechnology, spurred by government
initiatives aimed at diversifying the economy and enhancing food security. The
region's access to major transportation hubs and international trade routes
further supports the rapid adoption of animal biotechnology innovations, fostering
its growth.
Major companies operating in Saudi Arabia Animal
Biotechnology Market are:
- Saudi MAS Veterinary Services Company
- Biogénesis Bagó S.A.
- ALEMAR International
- Animal Nation KSA
- MONTAJAT VETERINARY PHARMACEUTICALS CO. LTD
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“Nanotechnology is playing a pivotal role in animal
nutrition by enabling the development of nano-encapsulated feed additives.
These nano-additives ensure the controlled release of nutrients, enhancing
absorption rates and promoting overall animal growth and development. This is
particularly important for Saudi Arabia’s livestock industry, which is crucial
to the nation's food security strategy. With the application of nanomaterials,
animal biotechnology in the region is also witnessing advancements in
diagnostic tools. Nano-biosensors, for instance, are being utilized to detect
diseases at earlier stages, improving the overall efficiency of disease
management”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Saudi Arabia Animal Biotechnology Market By
Product (Diagnostics, Biologics, Drugs, Nutrition, Others), By Animal Type
(Dogs, Cats, Horses, Poultry, Swine, Cattle, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of Saudi Arabia Animal Biotechnology 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 Saudi Arabia Animal Biotechnology Market.
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