Saudi Arabia Companion Animal Health Market Size & Outlook
Saudi Arabia companion animal health market, 2018-2030 (US$M)
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Saudi Arabia companion animal health market highlights
- The Saudi Arabia companion animal health market generated a revenue of USD 188.3 million in 2022 and is expected to reach USD 405.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.1% from 2023 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2022.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
Companion animal health market data book summary
| Market revenue in 2022 | USD 188.3 million |
| Market revenue in 2030 | USD 405.5 million |
| Growth rate | 10.1% (CAGR from 2022 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Equine, Cats, Other Animal type |
| Key market players worldwide | Merck & Co Inc, CEVA Inc, Vetoquinol SA, Zoetis, Boehringer Ingelheim, IDEXX Laboratories Inc, Elanco Animal Health Inc, Indian Immunologicals, Virbac SA, Norbrook |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.9% of the global companion animal health market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa companion animal health market is projected to lead the regional market in terms of revenue in 2030.
- Israel is the fastest growing regional market in Middle East & Africa and is projected to reach USD 231.6 million by 2030.
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Companion Animal Health Market Scope
Companion Animal Health Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia companion animal health 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 companion animal health market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 38.87% in 2022. Horizon Databook has segmented the Saudi Arabia companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia companion animal health market is anticipated to grow at a steady rate over the forecast period, owing to growing local presence of established players.
Increasing awareness about companion animal healthcare is expected to further augment market demand.
The demand for veterinary products is likely increase due to growing adoption of companion animals. Increase in companion animal healthcare spending and improved product affordability are also likely to drive the market.
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Target buyers of Saudi Arabia companion animal health market databook
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Our clientele includes a mix of companion animal health market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia companion animal health market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia companion animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia companion animal health market size, by animal type, 2018-2030 (US$M)
Saudi Arabia Companion Animal Health Market Outlook Share, 2022 & 2030 (US$M)
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