Market Trends of Saudi Arabia Feed Additives Industry
This section covers the major market trends shaping the Saudi Arabia Feed Additives Market according to our research experts:
The Amino Acids Segment Leads the Feed Additives Market in Saudi Arabia
Of the thirteen different types of feed additives, amino acids account for 22% of the market in Saudi Arabia. Amino acids in animal feed play an indispensable role in improving the efficiency of animal protein production and contribute to the increased protein supply.
As there is a high demand for cows and dairy products, the performance of cows has become a major concern. The latest technology in amino acids is helping to maintain a balanced dairy diet, with the right amount of limiting amino acids (which cannot be synthesized by dairy cows and should be fed externally), lower crude protein, and reduced amino acid market price.
Rising Production of Poultry in Saudi Arabia Driving the Feed Additives Market
Saudi Arabia is the largest poultry meat producer in the GCC countries, with a production of around 1,970 metric tons, which is approximately 54.89% of the total GCC poultry meat production.
Poultry meat is the most popular meat within GCC consumers at all levels of ages and incomes. One of the reasons is that poultry meat is cheaper than beef and lamb. Saudi consumers prefer white-appearing poultry meat as the meat is believed to be of high-quality, which offers an authentic taste when cooked and is thus, good for health.