The Middle East And Africa Animal Healthcare Market will grow at highest pace owing to rising pet adoption

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The Middle East And Africa animal healthcare market consists of pharmaceuticals and feed additives that are used for the healthcare of animals. These include vaccines, parasiticides, anti-infectives, medications for pain and inflammation, and feed additives. Rapid urbanization and rising disposable income have led to significant increase in pet adoption in the region, especially dogs and cats. Animal healthcare products help in the overall well-being of pets and livestock, preventing the spread of diseases.

The Global Middle East And Africa Animal Healthcare Market is estimated to be valued at US$ 5478.77 Bn in 2024 and is expected to exhibit a CAGR of 14% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in the Middle East And Africa animal healthcare are Siegfried, Sanofi, Johnson Matthey, Mallinckrodt, Noramco, Unichem Laboratories, Arevipharma GmbH, Resonance-labs, Sun Pharmaceutical Industries Ltd., Rusan Pharma, Micro Orgo Chem, and Faran Shimi Pharmaceutical Co. The growing demand for animal food products and increasing awareness about animal welfare has resulted in strong growth for the animal healthcare industry in the region. New technologies such as advanced parasiticides and monoclonal antibodies are driving innovation in the market.

Market trends
The Middle East And Africa animal healthcare market is witnessing rising demand for pet insurance and online channels for veterinary care. Growing trend of nuclear families and urban lifestyles has increased pet humanization. Pet owners are increasingly willing to spend more on premium food and healthcare products for their pets. Demand for camelid healthcare products is also on the rise due to the increasing meat consumption from camel and goat.

Market Opportunities
Growing meat consumption and rising animal exports from the region presents lucrative opportunities. Countries like Egypt, Saudi Arabia, and South Africa are expected to provide major opportunities owing to their large livestock population. Rising pet adoption and growing animal agriculture in Africa is also expected to drive the demand for animal healthcare products over the coming years.

Impact of COVID-19 on Middle East And Africa Animal Healthcare Market
The COVID-19 pandemic has significantly impacted the growth of the Middle East And Africa animal healthcare market. Veterinary care and associated medical services were restricted during lockdowns to curb the spread of the virus. Supply chain disruptions led to shortages of essential medicines and raw materials for vaccine production. This adversely impacted the timely diagnosis, treatment, and preventive healthcare of animals. With restrictions easing post lockdowns, the market is gradually recovering. However, lingering effects of the pandemic such as reduced farm income, inflated input costs, and economic uncertainty continue posing challenges.

Vaccination drives and awareness programs by governments and animal welfare organizations play a crucial role in sustaining the growth momentum. Telehealth services are supplementing on-ground veterinary support. Manufacturers are ramping up production and ensuring stable supply to meet rising demand. Emphasis is on developing affordable treatment options and subsidies for livestock farmers. Research initiatives aim to strengthen disease surveillance and develop vaccines for emerging zoonotic diseases. Adopting cost-effective digital solutions, infrastructure upgradation, and public-private collaborations will help make animal healthcare more accessible in the post-pandemic period.

Geographical Regions with Concentrated Middle East And Africa Animal Healthcare Market Size Value

The Middle East And Africa animal healthcare market is largely concentrated in the countries of Saudi Arabia, Egypt, and South Africa in terms of value. This is owing to the presence of well-developed livestock farming and veterinary infrastructure in these regions. Saudi Arabia accounts for the major share due to its large cattle and camel population. It is one of the largest meat producers and has strong government support for the animal husbandry sector. Egypt’s high demand emanates from its large poultry industry. Meanwhile, South Africa possesses advanced research capabilities and attracts significant foreign investment in veterinary services and production.

Fastest Growing Regional Market for Middle East And Africa Animal Healthcare

North Africa is expected to witness the fastest growth in the Middle East And Africa animal healthcare market during the forecast period. This is attributed to growing meat consumption, increasing awareness about zoonotic diseases, rising pet adoption in urban areas, and investments to strengthen veterinary services. Furthermore, countries like Morocco and Algeria are experiencing rapid urbanization and expansion of livestock farming. They are extensively focused on livestock modernization, herd health management, and disease control programs to boost production. These factors are anticipated to fuel the demand for veterinary pharmaceuticals and diagnostics, propelling the market growth in North Africa at a higher pace.

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