Saudi Arabia Animal Feed Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Animal Feed Market is estimated to reach USD 4790.05 million by 2033 with a CAGR of 5.56%.
Animal feed alludes to any food given to homegrown animals, including domesticated animals, poultry, and pets, to help their nourishing requirements and in general wellbeing. It is figured out to give fundamental supplements like proteins, starches, fats, nutrients, minerals, and now and again added substances like anti-infection agents or probiotics. The piece of animal feed differs relying upon variables like the species, age, physiological stage, and expected reason for the animal being taken care of. Feed can be as finished counts calories, enhancements, focuses, or treats, and is significant for advancing development, multiplication, milk creation, and execution of animals in horticultural and friend animal settings.
- May 2024; CESCO EPC, a structural designing organization situated in Germany, is fabricating new steel stockpiling, and conveying gear for Joined Feed Co., a main plant-based animal feed organization situated in Saudi Arabia.
Market Opportunities and Challenges
Opportunities- Saudi Arabia possesses the capacity to develop into a regional centre for the production and export of animal feed due to its advantageous geographic position and ease of access to global markets. This is especially true given that other Gulf Cooperation Council neighbours also want to improve their agricultural capacities. Utilising cutting-edge technology in the feed industry, such as feed additives and precision nutrition, gives businesses the chance to provide creative solutions that enhance animal health, environmental sustainability, and feed efficiency. Demand for feed ingredients that are ethically and environmentally derived is being driven by growing consumer and regulatory focus on sustainability and animal welfare. Businesses that can prove their dedication to sustainability can have an advantage over rivals in the marketplace. Provide options to save expenses, improve nutritional profiles, and diversify feed sources.
Challenges- While there are opportunities in adopting advanced technologies for feed production, the initial investment costs and the need for specialized knowledge and skills can be barriers for smaller companies or traditional farming operations. Intensive animal farming practices can raise environmental concerns related to waste management, water pollution, and greenhouse gas emissions. Addressing these issues through sustainable farming practices and regulatory compliance adds complexity to feed production operations. The Saudi Arabian market for animal feed is competitive, with both local producers and international companies vying for market share. Companies must navigate competitive pricing pressures, customer preferences, and evolving market dynamics to maintain profitability and growth. Increasing consumer awareness of health, safety, and sustainability issues can influence demand for specific types of animal products and feed ingredients.
Market Competitive Landscape
The Saudi Arabia Animal Feed Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Aldahra Agriculture, Almarai Company, Arasco, Cargill, Ali Al-Obaid Trading & Contracting Group, National Agricultural Development Company, Saudi Agricultural and Livestock Investment Company, Saudi Feed Company, and Savola Group.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Form, By Animal Type, By Ingredients.
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| Regions covered | Northern and Central Region, Western Region, Eastern Region, Southern Region.
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| Companies Covered | Aldahra Agriculture, Almarai Company, Arasco, Cargill, Ali Al-Obaid Trading & Contracting Group, National Agricultural Development Company, Saudi Agricultural and Livestock Investment Company, Saudi Feed Company, and Savola Group.
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COVID-19 Impact on Saudi Arabia Animal Feed Market
The COVID-19 pandemic significantly impacted the Saudi Arabia animal feed market in several ways. Disruptions in global supply chains early in the pandemic led to challenges in sourcing raw materials for feed production, affecting availability and prices. Fluctuations in demand for animal products, influenced by changing consumer behaviours and economic uncertainties, also directly affected the demand for feed. Additionally, logistical challenges and restrictions on movement posed operational hurdles for feed manufacturers and distributors. Despite these challenges, the market demonstrated resilience as efforts were made to stabilize supply chains and adapt to evolving market conditions.
Key Target Audience:
- Livestock Farmers and Producers
- Feed Manufacturers and Suppliers
- Agribusinesses and Agricultural Cooperatives
- Veterinarians and Animal Health Professionals
- Government Agencies and Regulatory Bodies
- Research Institutions and Academia
Our in-depth analysis of the Saudi Arabia Animal Feed Market includes the following segments:
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By Form:
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Pellets
Crumbles
Mash
Others
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By Animal Type:
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Ruminants
Poultry
Aquaculture
Others
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By Ingredients:
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Cereals
Oilseed Meal
Molasses
Fish Oil
Fish Meal
Additives
Others
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Key Topics Covered in the Report:
- Saudi Arabia Animal Feed Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Animal Feed Market
- Segmentation of Saudi Arabia Animal Feed Market by Form (Pellets, Crumbles, Mash, Others.)
- Segmentation of Saudi Arabia Animal Feed Market by Animal Type (Ruminants, Poultry, Aquaculture, Others)
- Segmentation of Saudi Arabia Animal Feed Market by Ingredients (Cereals, Oilseed Meal, Molasses, Fish Oil, Fish Meal, Additives, Others)
- Statistical Snap of Saudi Arabia Animal Feed Market
- Expansion Analysis of Saudi Arabia Animal Feed Market
- Problems and Obstacles in Saudi Arabia Animal Feed Market
- Competitive Landscape in the Saudi Arabia Animal Feed Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Animal Feed Market
- Details on Current Investment in Saudi Arabia Animal Feed Market
- Competitive Analysis of Saudi Arabia Animal Feed Market
- Prominent Players in the Saudi Arabia Animal Feed Market
- SWOT Analysis of Saudi Arabia Animal Feed Market
- Saudi Arabia Animal Feed Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst