Saudi Arabia Veterinary Pharmaceuticals Market Size, Share, Opportunities, And Trends By Type (Injectable, Oral, Topical, Auricular, Ophthalmic, And Nasal), By Animal Type (Companion Animal, Production Animal), And End-Use (Vet Hospitals, Animal Farms, Others) - Forecasts From 2025 To 2030

  • Published : Dec 2024
  • Report Code : KSI061614206
  • Pages : 110
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Saudi Arabia Veterinary Pharmaceuticals Market Size:

The Saudi Arabia Veterinary Pharmaceuticals market is expected to grow at a compound annual growth rate (CAGR) of 6.66% from US$36.544 million in 2025 to US$50.451 million in 2030. 

The field of medical science that focuses on the diagnosis, treatment, prevention, and general healthcare of animals is known as veterinary medicine or just vet medicine. It includes a broad spectrum of medical procedures and offerings aimed at guaranteeing the health and welfare of animals, both tamed and wild. Veterinarians offer animals complete medical care, including vaccinations, surgeries, dental care, and specialized treatments in addition to routine checkups. Their objective is to preserve and enhance the well-being and standard of living of animals. An essential component of veterinary pharmaceuticals is preventive care. It comprises preventative measures to avoid illness and guarantee the long-term health of animals, such as vaccinations, parasite control, wellness examinations, and dietary advice.

A range of diagnostic techniques, such as physical examinations, blood tests, imaging, and laboratory testing, are employed by veterinarians to detect and manage medical conditions in animals. Surgical procedures performed by veterinarians range from simple spaying and neutering to intricate operations to treat congenital conditions, remove tumors, and treat injuries. In veterinary medicine, surgical procedures are similar to those in human medicine.

Moreover, the need for animal production is also being fueled by Saudi Arabia's increasing demand for dairy and meat due to the country's increased need for protein and animal-based products. For instance, according to the Foreign Agricultural Service. Saudi Arabia is promoting the growth of poultry farming in the country. The Ministry of Environment, Water, and Agriculture announced the issuance of new licenses in the poultry production and breeding sector in the Kingdom, amounting to 275 new licenses. 119 licenses for broiler projects 26 new projects to produce eggs with a production capacity of more than two billion eggs per year, and 12 projects to breed and produce broiler mothers and operate hatcheries. The demand for veterinary vaccines to maintain good veterinary health in Saudi Arabia is being further driven by the trend toward increased animal consumption and production indicators and an overall increase in the demand for agricultural livestock.

Further, pets are becoming more and more important in Saudi Arabian households, which has increased demand for veterinary care and pet supplies like food, medicine, and vaccinations. Animal health, including vaccinations and disease control strategies, is receiving more attention as a result of worries about zoonotic diseases, or illnesses that can spread from animals to people. Improvements in veterinary medicine, including better medications, diagnostic equipment, and therapeutic techniques, have broadened the selection of goods and services available, propelling market expansion. The market has grown as a result of growing awareness among veterinarians, livestock farmers, and pet owners of the value of preventive care and veterinary care. For instance, in April 2022, ADQ and E20 Investment Ltd. collaborated to launch a novel animal health platform in Abu Dhabi, signifying a noteworthy achievement for the country's animal healthcare industry. The medical platform is built around two state-of-the-art veterinary clinics and a state-of-the-art vaccine production facility. The facilities offer the most cutting-edge technological animal vaccinations for the Middle East and Africa (MEA) region, further solidifying Abu Dhabi's position as a regional superpower in the field of upscale veterinary care for horses and camels.

Further, the market is also anticipated to be driven during the forecast period by an increase in the number of veterinary hospitals and clinics in Saudi Arabia. The market for veterinary care has been significantly impacted by the rise in pet ownership in Saudi Arabia. As a result, the need for veterinary clinics in the area has increased. It is also expected that the market will expand due to the rise in veterinary pharmacies. Furthermore, it is anticipated that rising sales of over-the-counter medications and other goods will offer lucrative opportunities for industry players. For instance, Saudi Arabia's Qassim Gov. Prince Faisal bin Mishaal opened the largest camel hospital in the world in July 2022. Saudi Arabia's veterinary hospitals strive to treat animals as best they can by utilizing a variety of techniques and technological advancements. The market is anticipated to grow as a result of ongoing improvements to the services and facilities offered, such as central laboratories equipped with contemporary equipment.

 What are the drivers of the Saudi Arabia Veterinary Pharmaceuticals Market?

  • Rising pet ownership is projected to propel the Saudi Arabia veterinary pharmaceuticals market expansion. 

There is a significant increase and growth in the pet industry in Saudi Arabia and its related sectors, such as food, grooming tools, accessories, and veterinary equipment. The key driver behind the growth of the pet products market in Saudi Arabia is the rising disposable income among households. With higher incomes, pet owners are more willing to spend on multiple products for their pets including healthcare.  

This massive shift in the pet market has led to an expansion of product offerings in the market, with the healthcare and wellness segment of the Saudi Arabia pet products market also witnessing a rise, as pet owners are becoming aware of their pets’ health and seek out preventive and curative healthcare products, such as supplements, vitamins, and specialized treatments.

Several other factors such as the increasing number of veterinary clinics. There are 434 clinics, and the number of specialized veterinary pharmacies is 1366, specializing in meeting the needs in 2023. Further, the availability of pet insurance and veterinary services has also caused a surge in the overall market.

  • Increasing number of vet hospitals, and clinics is anticipated to fuel the Saudi Arabia veterinary pharmaceuticals market expansion. 

Several factors are driving the growth of the market such as the rising popularity of pet ownership followed by the improved services provided by the veterinary hospitals and clinics in Saudi Arabia. The use of companion animals is on the rise, especially dogs and cats, therefore the surge in the demand for veterinary services is also on the rise. According to the article published by the Global Pets on the Pet Industry of Saudi Arabia in 2023, it was informed that pet ownership in the country has been booming in recent years. In 202, the market for pet care was worth $89.7 million in Saudi Arabia whereas this figure in the year 2023 has reached a total of $137.7 million which is an increase of more than 50%. 

An increase in the number of households that own a pet is a factor that stimulates the growth of veterinary hospitals and clinics. Besides, with this expansion, the veterinary hospitals and clinics in Saudi Arabia are also improving the type of services that they offer including extensive treatments, and sophisticated diagnostic facilities as well as specialty care. The introduction of improved service standards further enhances the segment's attractiveness thus ensuring growth in the number of pet owners. 

The Saudi Arabian government has also implemented policies to support the agricultural sector, which includes the veterinary industry. This support has fostered the development of veterinary facilities and hence has been partly responsible for the increase in the hospitals and clinics segment. Besides, the extent of knowledge concerning pet owners and livestock farmers about the necessity of veterinary visits and preventive measures, as well as disease prevention and control, has also improved. This awareness as a result in leading to an increase in the demand for pet’s drugs and vaccines hence promoting the hospitals and clinics segment. Furthermore, things like better diagnosis tools and treatment procedures have enabled veterinary hospitals and clinics in Saudi Arabia to realize greater capacity. These have enhanced the attractiveness of many clients and helped in the growth of the segment.

Saudi Arabia Veterinary Pharmaceuticals Market is analyzed into the following segments

  • By animal type, production animals are anticipated to hold a substantial market share

The Saudi Arabian veterinary pharmaceuticals market for producing animals is expanding rapidly due to several major factors. Primarily, the rising demand for meat and dairy products in the country, driven by population growth and changing dietary trends, has resulted in the rise of the livestock sector. In this regard, the consumption of beef and veal consumption in the Kingdom rose from 219.7 thousand tonnes in 2022 to 226.1 thousand tonnes in 2023 as per the OECD. This has increased the need for animal healthcare solutions.

Further, the increase in chicken meat production in Saudi Arabia is directly driving the expansion of the veterinary medicines industry. USDA declared the country’s chicken meat production in 2023 to be 1,150 thousand metric tons. A greater poultry population demands more disease preventive and control methods, which increases demand for vaccinations, antibiotics, and other veterinary supplies. This emphasis on animal health eventually increases poultry farmers' production and profitability, which benefits both the poultry business and the veterinary pharmaceutical sector.

Furthermore, the frequency of animal illnesses poses a substantial danger to livestock productivity, emphasizing the role of veterinary medications in disease prevention and control. The increased awareness of animal welfare is also pushing the adoption of better healthcare methods, such as the use of veterinary medications. Nonetheless, the sector offers tremendous prospects. Creating novel veterinary solutions customized to the unique demands of the Saudi livestock sector is a great opportunity. Concentrating on specialist markets, such as high-value dairy cattle or specialized poultry breeds, may also be beneficial. Collaboration with local distributors and vets can help businesses gain a better market presence.

For instance, Saheliya’s primary goal is to supply high-quality livestock and poultry medications at cheap costs. While the company continues to grow and expand its services, its focus remains on veterinary anti-inflammatory, anti-parasitic, and antibiotics, accounting for more than 25% of livestock antibiotics in the Kingdom of Saudi Arabia.

MM Group also expanded into the veterinary medicines market by building a branch in Malaz, Riyadh. The company is the only agent for Avico Veterinary pharmaceutical goods and services in the Kingdom of Saudi Arabia. Avico's veterinary products adhere to the world's top animal health care standards. MM Group deals with a wide range of veterinary products and services for cattle, poultry, horses, and home pets.

Recent developments in the Saudi Arabia Veterinary Pharmaceuticals Market:

  • December 2024- The Modern Saudi Mill Company has disclosed a new animal feed production plant in Saudi Arabia. Such a massive investment, set at SAR 150 million, is intended to augment the company's capacity for the growing demand for superior-grade animal feed in the region. The facility, when constructed, will be in the Western Region. The facility's combined daily production capacity of animal feed is 1,400 tons and flour milling will be at 3,451 tons. The project shall be an answer to food security for Saudi Arabia. Local farmers and livestock producers are projected to be supported by having the right nutrition products. It will soon start construction work. Pilot production is to start at the beginning of 2025. This initiative will enhance Modern Mill's capacity by expanding its operations, therefore contributing to the agricultural sector's growth in the Kingdom.
  • October 2024- VetPlus has launched officially the operations of the company in Saudi Arabia. As the company is marking this with regard to its expansion strategy, veterinary professionals and stakeholders from across Riyadh on October 1 and in Jeddah on October 3 assembled for the launch events. Those occasions showcased VetPlus' innovation in the nutraceutical products range for companion animals. This entry into the Saudi market is aimed at enhancing veterinary care standards by offering high-quality solutions tailored to local needs. David Haythornthwaite, founder and chairman of VetPlus, expressed enthusiasm about partnership opportunities in the region and the potential to improve animal health through their advanced product offerings. With more than 25 years of experience in the veterinary sector, VetPlus is dedicated to providing quality care and building a strong foothold in Saudi Arabia's rapidly growing veterinary market.

Saudi Arabia Veterinary Pharmaceuticals Market Scope:

Report Metric Details
Saudi Arabia Veterinary Pharmaceuticals Market Size in 2025 US$36.544 million
Saudi Arabia Veterinary Pharmaceuticals Market Size in 2030 US$50.451 million
Growth Rate CAGR of 6.66%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Million
Segmentation
  • Type
  • Animal Type
  • End User
List of Major Companies in Saudi Arabia Veterinary Pharmaceuticals Market
  • Salehiya Healthcare
  • Merck & Co.
  • Bayer AG
  • Sanofi
  • Pfizer Inc
Customization Scope Free report customization with purchase

The Saudi Arabia veterinary pharmaceuticals market is analyzed into the following segments:

  • By Type
    • Injectable
    • Oral
    • Topical
    • Auricular, Ophthalmic, and Nasal
  • By Animal Type 
    • Companion Animal
    • Production Animal
  • By End User
    • Vet Hospitals and Clinics
    • Animal Farms
    • Others

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Frequently Asked Questions (FAQs)

The saudi arabia veterinary pharmaceuticals market is expected to reach a total market size of US$50.451 million by 2030.

Saudi Arabia Veterinary Pharmaceuticals Market is valued at US$36.544 million in 2025.

The saudi arabia veterinary pharmaceuticals market is expected to grow at a CAGR of 6.66% during the forecast period.

The saudi arabia veterinary pharmaceuticals market has been segmented by type, animal type, and end user.

Prominent key market players in the saudi arabia veterinary pharmaceuticals market include Salehiya Healthcare, Merck & Co., Bayer AG, Sanofi, Pfizer Inc, among others.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. SAUDI ARABIA VETERINARY PHARMACEUTICALS MARKET BY TYPE 

5.1. Introduction

5.2. Injectable

5.3. Oral

5.4. Topical

5.5. Auricular, Ophthalmic, and Nasal

6. SAUDI ARABIA VETERINARY PHARMACEUTICALS MARKET BY ANIMAL TYPE 

6.1. Introduction

6.2. Companion Animal

6.3. Production Animal

7. SAUDI ARABIA VETERINARY PHARMACEUTICALS MARKET BY END USER

7.1. Introduction

7.2. Vet Hospitals and Clinics

7.3. Animal Farms

7.4. Others 

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Montajat Veterinary Pharmaceuticals Co., Ltd.

9.2. Vetoquinol

9.3. Saudi Pharmaceutical Industries SPI

9.4. Pharma Care Leading Manufacturing Co. Ltd. 

9.5. Salehiya Healthcare

9.6. Merck & Co.

9.7. Bayer AG

9.8. Sanofi

9.9. Pfizer Inc

9.10. GSK plc

9.11. Boehringer Ingelheim International GmbH

9.12. Takeda Pharmaceutical Company Limited

Montajat Veterinary Pharmaceuticals Co., Ltd.

Vetoquinol

Saudi Pharmaceutical Industries SPI

Pharma Care Leading Manufacturing Co. Ltd. 

Salehiya Healthcare

Merck & Co.

Bayer AG

Sanofi

Pfizer Inc

GSK plc

Boehringer Ingelheim International GmbH

Takeda Pharmaceutical Company Limited