Press release
Middle East & Africa Animal Nutrition Market Size, Share, Trends, Analysis and Forecast to 2025
Middle East & Africa Animal Nutrition Market Size, Share, Trends, Analysis and Forecast to 2025A market review on the Middle East & Africa animal nutrition market requirements and consumer demands
The Middle East & Africa animal nutrition market is valued at $XX million in 2017, and is expected to reach $XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Changing aspects of The Middle East & Africa animal nutrition market
The animal nutrition market in The Middle East & Africa is booming due to various factors such as-
• Increased population and growing demand of pets
• Concerns with animal health leading to nutritious animal feed
• Rise in consumption of meat, poultry and dairy products
• Rising trend for protein rich and lean animal diet are leading the growth of animal nutrition market.
However, expensive feed cost and limited awareness can hamper the growth of animal nutrition market in the Middle East & Africa.
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Regional analysis
All the countries under the Middle East & Africa region have a booming business owing to increase in expenditure for animal welfare, demand of healthy meat and increases cased of infectious diseases.
South Africa animal nutrition market has a profitable growth owing to upsurge in per capita income, acceptance of newer and better veterinary drugs and vaccines and increased awareness about veterinary professionals.
Market summary:
The major market players include Cargill, BASF, Archer Daniels Midland Company and Nutreco, among others are intended to increase the market share. Marketing strategies such as introduction of bio-based products derived from natural feedstock, effective distribution channels by companies to increase the reach of their products to the consumers and owners. Such market strategies are expected to increase their market strength and firm the position in the Middle East and Africa animal nutrition market. While Cargill holds the majority share of the Middle East and African region, as they have made several investments to achieve their short and long term goals. Strategic acquisitions of Cargill involves bringing in Turkish feed additives and premix players to strengthen their position.
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Some of the key players’ in The Middle East and Africa animal nutrition market include
• Nutreco N.V. (The Netherlands)
• Cargill, Inc. (U.S.)
• Archer Daniels Midland Company (U.S.)
• InVivo Nutrition Et Sante Animales (France)
• BASF SE (Germany)
• DSM Nutritional Products Ltd. (Switzerland)
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The Middle East and Africa Animal Nutrition market is divided into following categories-
By type
• Vitamins
• Carbohydrates
• Minerals
• Fibers
• Fatty acids
• Amino Acids
• Proteins
By animal
• Poultry
• Swine
• Ruminant
• Canine
• Equine
• Aquatic
By geographical regions
• Gulf Cooperation Council (GCC) countries
• Israel
• South Africa
• Rest of MEA Gulf of Cooperation Council (GCC) countries
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