Saudi Arabia Animal Genetics Market Size & Outlook
Saudi Arabia animal genetics market, 2018-2030 (US$M)
Related Markets
Saudi Arabia animal genetics market highlights
- The Saudi Arabia animal genetics market generated a revenue of USD 25.5 million in 2023 and is expected to reach USD 40.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, assistive reproduction technologies was the largest revenue generating type in 2023.
- Genomic/ Genetic Testing is the most lucrative type segment registering the fastest growth during the forecast period.
Animal genetics market data book summary
| Market revenue in 2023 | USD 25.5 million |
| Market revenue in 2030 | USD 40.8 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Assistive reproduction technologies |
| Fastest growing segment | Genomic/ Genetic Testing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Assistive Reproduction Technologies, Live Animals, Genomic/ Genetic Testing |
| Key market players worldwide | Neogen Corp, Sharp Corp, Zoetis, Genus PLC, Genetics Australia, Hendrix Genetics, URUS Group, CRV, Swine Genetics International, STgenetics, Animal Genetics, Semex Alliance |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.4% of the global animal genetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa animal genetics market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Animal Genetics Market Scope
Animal Genetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia animal genetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to animal genetics market will help companies and investors design strategic landscapes.
Assistive reproduction technologies was the largest segment with a revenue share of 49.41% in 2023. Horizon Databook has segmented the Saudi Arabia animal genetics market based on assistive reproduction technologies, live animals, genomic/ genetic testing covering the revenue growth of each sub-segment from 2018 to 2030.
The amount of meat production in Saudi Arabia is anticipated to increase to 700,000 MT in 2017, according to the United States Foreign Agricultural Services. In 2015, Brazil attributed to 82.0% of all the poultry meat imported into Saudi Arabia.
There has been a decline in the import of poultry meat in 2016, due to the increased export price for poultry meat by Brazilian companies. Thus, as local production of poultry meat increases the demand for poultry diagnostics kits is expected to increase.
Reasons to subscribe to Saudi Arabia animal genetics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Saudi Arabia animal genetics market databook
-
Our clientele includes a mix of animal genetics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia animal genetics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia animal genetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia animal genetics market size, by type, 2018-2030 (US$M)
Saudi Arabia Animal Genetics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
