Middle East & North Africa Veterinary Pharmaceuticals Market to be dominated by the growing incidences of infectious diseases through 2028.

Increasing number of infectious diseases and rising pet adoption will drive the growth of Middle East & North Africa Veterinary Pharmaceuticals Market in the forecast period, 2024-2028.

According to TechSci Research report, “Middle East & North Africa Veterinary Pharmaceuticals Market –Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Middle East & North Africa Veterinary Pharmaceuticals Market will see robust growth during the forecast period. This can be attributed to the rising prevalence of infectious diseases in animals in the years ahead. The expansion of the market in upcoming years is being boosted by the increase in livestock animal output.

Additionally, the market expansion in the expected period will be influenced by rising meat consumption, an increase in veterinary hospitals, and an increase in pet adoption.

Furthermore, in the coming years, the Middle East & North Africa Veterinary Pharmaceuticals market's growth will be restrained by factors such as strict rules regulating the use of antibiotics, rising costs for animal testing, high costs associated with animal services, and lack of infrastructure.

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Middle East & North Africa Veterinary Pharmaceuticals Market can be segmented by animal, product, and country.

Middle East & North Africa Veterinary Pharmaceuticals Market can be divided into segments, livestock animals, poultry and pets based on animals. Due to the increasing use of livestock animals to produce milk, meat, and eggs from low-value materials, that are inedible or unpalatable to humans, as well as the fact that livestock decrease the availability of food by competing with people for food, particularly grains fed to pigs and poultry, the livestock industry is predicted to gain the largest share in the coming years.

Based on the product, the Middle East & North Africa Veterinary Pharmaceuticals market is divided into antibacterial, anthelmintics, anticoccidials, anti-inflammatories, metabolic enhancers and nutritional supplements. In projected years, the antibacterial segment is anticipated to gain the highest share. This is addressed by the need for antibacterial medication while treating infectious disorders caused by bacteria. Antimicrobial drugs are utilized in agriculture to improve productivity by boosting feed conversion, growth rate, or yield.

Major companies operating in Middle East & North Africa Veterinary Pharmaceuticals Market are:

• United Company For Veterinary Medicines Industry (UNIVET)
• MSD Animal Health 
• Al Mutawwaj Veterinary Pharmaceutical Industries
• Boehringer Ingelheim Ltd.
• VAPCO Manufacturing CO. Ltd.
• AlQuds Pharmaceutical Group
• Megavet Veterinary Medicine LLC
• The Arab Pesticides and Veterinary Drugs Mfg.Co (Mobedco)
• Saudi Pharmaceutical Industries
• Virbac Group
   

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“The market for veterinary pharmaceuticals in the Middle East and North Africa is anticipated to grow rapidly in the next years. This is brought by the spread of contagious diseases and the rising popularity of pets. Additionally, it is anticipated that the market for veterinary pharmaceuticals in the Middle East and North Africa will rise over the course of the anticipated years due to rising meat consumption and insurance coverage for veterinary treatment. The market's expansion will be hampered by the high cost of animal testing and services, and limited supply of various types of animal healthcare equipment.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Middle East & North Africa Veterinary Pharmaceuticals Market By Animal {Livestock Animals (Equine, Bovine & Camel, Ovine, Caprine), Poultry (Breeders, Broilers), Pets (Canine, Feline)}, By Product {Antibacterial (Water Soluble Powder, Oral Solutions, Feed Premixes, Injectables, Others), Anthelmintics (Oral Powder, Oral Suspensions, Injectables, Others), Anticoccidials (Oral Solutions, Feed Premixes, Others), Anti-inflammatories, Metabolic Enhancers, Nutritional Supplements}, Country, Competition, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Middle East & North Africa Veterinary Pharmaceuticals 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 Middle East & North Africa Veterinary Pharmaceuticals Market.

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