Saudi Arabia Feed Additives Market Size

Statistics for the 2023 & 2024 Saudi Arabia Feed Additives market size, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Feed Additives size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Saudi Arabia Feed Additives Industry

Market snapshot
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 8.37 %
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Saudi Arabia Feed Additives Market Analysis

The Saudi Arabian feed additives market was valued at USD 189.8 million in 2018 and is projected to reach USD 283.7 million by 2024, registering a CAGR of 8.37 % for the forecast period of 2019-2024.

The demand for animal health products is growing in the country, as more animals are affected by some disease or the other. The poultry section of Saudi Arabia is one of the largest sections in the country. For curing diseases in poultry, owners are using betaine in animal feed, which is saving feed costs by replacing choline chloride and methionine as the methyl donor in poultry diets.

Saudi Arabia Feed Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)