Saudi Arabia Animal Feed Market, By Form (Pellet, Mash, Crumbles, Cubes & Cakes); By Livestock (Poultry Animal Feed, Ruminant Feed, Aquatic Feed, Others); By Ingredients (Cereals, Oilseed Meal, Molasses, Additives, Others); By Source (Organic, Conventional), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
Saudi Arabia Animal Feed Market Size Expands at Healthy CAGR of 5.77% to Reach USD 3.95 Billion & 11.57 Million Tons by 2030
Saudi Arabia Animal Feed Market is flourishing because of the substantial growth in the livestock industry and rising focus on animal health.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia Animal Feed Market size at USD 2.63 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Saudi Arabia Animal Feed Market size to expand at a CAGR of 5.77% reaching a value of USD 3.95 billion by 2030. By volume, BlueWeave estimated the Saudi Arabia Animal Feed Market size at 8.42 million tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Saudi Arabia Animal Feed Market size to expand at a CAGR of 5.21% reaching the volume of 11.57 million tons by 2030. A growing emphasis on animal health due to the increasing incidence of zoonotic diseases and the high consumption of meat and other animal products are major growth factors for the Saudi Arabia animal feed market. The growing hospitality and tourism sectors are also expected to propel the market during the forecast period.
Opportunity - Rising demand for cereals as an animal feed
The Saudi Arabia Animal Feed Market, based on ingredients, is segmented into cereals, oilseed meal, molasses, additives, and others. The additives segment is further divided into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others. The cereals segment accounts for the highest market share in the Saudi Arabia Animal Feed Market by ingredients. The growth of the cereal segment is mainly attributed to its high starch content, which acts as the main source of energy for animals. Cereals, including wheat, rice, oats, barley, and maize, are frequently used as feed. The oilseed meal segment also holds a substantial market share owing to its richness in protein content.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Animal Feed Market
The escalating geopolitical tensions may hinder the growth of the Saudi Arabia Animal Feed Market. Geopolitical tensions, such as Israel-Hamas War and the resultant Red Sea attacks, may result in the disruption of poultry trade. These complications may cause supply chain disruption, shortage of stock, and increased cost of animals and animal feed, which may limit the growth of the Animal Feed Market in Saudi Arabia.
Saudi Arabia Animal Feed Market
Segmental Coverage
Saudi Arabia Animal Feed Market – By Source
Based on the source, the Saudi Arabia Animal Feed Market is bifurcated into organic and conventional segments. The conventional feed segment dominates the Saudi Arabia Animal Feed Market. The market has a high demand for conventional animal feed, such as wheat, oats, legumes, barley, soybeans, and others, as they are cheaper and easily accessible, as well as offering high protein content. However, the organic segment is gaining significant traction in the market as it is free from added synthetic pesticides, herbicides, or fertilizers. The growing awareness about environmental sustainability and animal welfare is directly influencing the growth of the organic feed segment.
Competitive Landscape
Major players operating in the Saudi Arabia Animal Feed Market include Nafa Feeds, PVS Labs, Feedco, Albawardi Group, Arabian Agricultural Services Company (ARASCO), Al Muhaidib Group, Taya Feed Mill Co., Saudi Mix, al-robaie, and First Mills. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Saudi Arabia Animal Feed Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Saudi Arabia Animal Feed Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Saudi Arabia Animal Feed Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Livestock Industry Growth
- 3.2.1.2. Focus on Animal Nutrition
- 3.2.1.3. Technological Advancements
- 3.2.1.4. Government Support
- 3.2.2. Restraints
- 3.2.2.1. High Feed Prices
- 3.2.2.2. Environmental Challenges
- 3.2.2.3. Supply Chain Disruptions
- 3.2.2.4. Counterfeit Products
- 3.2.3. Opportunities
- 3.2.3.1. Growing Technological Advancements
- 3.2.3.2. Enhanced Animal Productivity
- 3.2.3.3. Aquaculture Feed Demand
- 3.2.4. Challenges
- 3.2.4.1. Fluctuating Feed Prices
- 3.2.4.2. Supply Chain Disruptions
- 3.2.4.3. Lower Demand for Specific Livestock
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Animal Feed Market: Marketing Strategies
- 5. Saudi Arabia Animal Feed Market Overview
- 5.1. Market Size & Forecast, 2019–2030
- 5.1.1. By Value (USD Billion)
- 5.1.2. By Volume (Million Tons)
- 5.2. Market Share & Forecast
- 5.2.1. By Form
- 5.2.1.1. Pellet
- 5.2.1.2. Mash
- 5.2.1.3. Crumbles
- 5.2.1.4. Cubes & Cakes
- 5.2.2. By Livestock
- 5.2.2.1. Poultry Animal Feed
- 5.2.2.2. Ruminant Feed
- 5.2.2.3. Aquatic Feed
- 5.2.2.4. Others
- 5.2.3. By Ingredients
- 5.2.3.1. Cereals
- 5.2.3.2. Oilseed Meal
- 5.2.3.3. Molasses
- 5.2.3.4. Additives
- 5.2.3.4.1. Antibiotics
- 5.2.3.4.2. Vitamins
- 5.2.3.4.3. Antioxidants
- 5.2.3.4.4. Amino Acids
- 5.2.3.4.5. Feed Enzymes
- 5.2.3.4.6. Feed Acidifiers
- 5.2.3.4.7. Others
- 5.2.3.5. Others
- 5.2.4. By Source
- 5.2.4.1. Organic
- 5.2.4.2. Conventional
- 6. Competitive Landscape
- 6.1. List of Key Players and Their Range
- 6.2. Saudi Arabia Animal Feed Company Market Share Analysis, 2023
- 6.3. Competitive Benchmarking, By Operating Parameters
- 6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- 7. Impact of Escalating Geopolitical Tensions on Saudi Arabia Animal Feed Market Industry
- 8. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
- 8.1. Nafa Feeds
- 8.2. PVS Labs
- 8.3. Feedco
- 8.4. Albawardi Group
- 8.5. Arabian Agricultural Services Company (ARASCO)
- 8.6. Al Muhaidib Group
- 8.7. Taya Feed Mill Co.
- 8.8. Saudi Mix
- 8.9. al-robaie
- 8.10. First Mills
- 8.11. Other prominent players
- 9. Key Strategic Recommendations
- 10. Research Methodology
- 10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
- 10.2. Quantitative Research
- 10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.4. Breakdown of Primary Research Respondents
- 10.5. Assumption & Limitation
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 Saudi Arabia Animal Feed Market Segmentation
- Figure 2 Saudi Arabia Animal Feed Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Saudi Arabia Animal Feed Market Size, By Value (USD Billion), 2019–2030
- Figure 5 Saudi Arabia Animal Feed Market Size, By Volume (Million Units), 2019–2030
- Figure 6 Saudi Arabia Animal Feed Market Share, By Form, By Value, 2019–2030
- Figure 7 Saudi Arabia Animal Feed Market Share, By Livestock, By Value, 2019–2030
- Figure 8 Saudi Arabia Animal Feed Market Share, By Ingredients, By Value, 2019–2030
- Figure 9 Saudi Arabia Animal Feed Market Share, By Source, By Value, 2019–2030
- List of Tables
- Table 1 Saudi Arabia Animal Feed Market Share, By Form, By Value, 2019–2030
- Table 2 Saudi Arabia Animal Feed Market Share, By Livestock, By Value, 2019–2030
- Table 3 Saudi Arabia Animal Feed Market Share, By Ingredients, By Value, 2019–2030
- Table 4 Saudi Arabia Animal Feed Market Share, By Source, By Value, 2019–2030
- Table 5 Nafa Feeds Company Overview
- Table 6 Nafa Feeds Financial Overview
- Table 7 PVS Labs Company Overview
- Table 8 PVS Labs Financial Overview
- Table 9 Feedco Company Overview
- Table 10 Feedco Financial Overview
- Table 11 Albawardi Group Company Overview
- Table 12 Albawardi Group Financial Overview
- Table 13 Arabian Agricultural Services Company (ARASCO) Company Overview
- Table 14 Arabian Agricultural Services Company (ARASCO) Financial Overview
- Table 15 Al Muhaidib Group Company Overview
- Table 16 Al Muhaidib Group Financial Overview
- Table 17 Taya Feed Mill Co. Company Overview
- Table 18 Taya Feed Mill Co. Financial Overview
- Table 19 Saudi Mix Company Overview
- Table 20 Saudi Mix Financial Overview
- Table 21 al-robaie Company Overview
- Table 22 al-robaie Financial Overview
- Table 23 First Mills Company Overview
- Table 24 First Mills Financial Overview
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