UAE Veterinary Medicine Market, By Animal Type (Production v/s Companion), By Production (Poultry, Swine, Cattle, Others), By Companion (Dogs, Cats, Horses, Others), By Product Type (Vaccine, Pharmaceuticals, Medicated Feed Additives), By End User (Veteri

UAE Veterinary Medicine Market, By Animal Type (Production v/s Companion), By Production (Poultry, Swine, Cattle, Others), By Companion (Dogs, Cats, Horses, Others), By Product Type (Vaccine, Pharmaceuticals, Medicated Feed Additives), By End User (Veterinary Hospitals & Clinics, Reference Laboratories, Others), By Source (Domestic v/s Import), By Region, Competition Forecast & Opportunities, 2027

UAE veterinary medicine market is anticipated to grow at a robust CAGR during the forecast period, 2023-2027. Factors such as the increased prevalence of zoonotic and chronic diseases and the growing livestock population are primarily driving the growth of the UAE veterinary medicine market. Also, the surge in the pet adoption rate, increased investments in research and development activities, and high consumption rate of meat and other animal-based products are other prominent factors that are expected to accelerate the growth of the UAE veterinary medicine market growth over the forecast period.

The rise in the number of Pet Owners Drives the Market Growth

Based on a study on the pet population, the number of pets is increasing at a rapid rate in the United Arab Emirates. The number has increased by around 10,000 animals each from 2016 to 2020, with the dog population growing at the fastest rate, which is around 6,000 dogs in a year. Nowadays, keeping a pet is considered a status symbol which is one of the significant reasons for their high demand among people. The strong economic position of the UAE is generating new income sources, which in turn is increasing the expenditure capacity of consumers. They are investing in the purchase and maintenance of pets or companion animals. Pet owners are concerned about the health of animals and are constantly looking for cost-effective and quality healthcare treatment solutions for various chronic diseases of animals.

People are also keeping animals for commercial purposes, such as to take milk, meat, eggs, and mutton from animals which is also one of the significant reasons for the high demand for animals in the UAE. It is essential to keep the animals healthy to pass various quality checks implemented by concerned authorities. The growing concerns regarding animal health are expected to propel the UAE veterinary medicine market growth over the next five years.

Launch of new Veterinary Drugs and Vaccine Supports the Market Growth

The market players are significantly investing in research and development activities to find new solutions to boost the effectiveness of drugs and vaccines. The advent of novel medicines and vaccines is expected to create lucrative growth opportunities for the UAE veterinary medicine market in the forecast period. Also, the market players are searching for more effective medication administration methods for the animals, such as collars, sprays, and dips, which are expected to increase the sales of veterinary medicines across the country.

Market Segmentation

The UAE veterinary medicine market is segmented into animal type, product type, end-user, source, regional distribution, and company. Based on animal type, the market is divided into production v/s companion. The production segment is further divided into poultry, swine, cattle, and others while the companion segment is divided into dogs, cats, horses, and others. Based on product type, the market is divided into a vaccine, pharmaceuticals, and medicated feed additives. Based on end users, the market is divided into veterinary hospitals & clinics, reference laboratories, and others. Based on the source, the market is divided into domestic v/s imports. To analyze the market based on the region, the UAE veterinary medicine market is studied in major regions namely Dubai, Abu Dhabi, Sharjah, and Rest of the UAE.

Market Players

NMC Healthcare, University Veterinary Medicine Sharjah, Thumbay University Veterinary Medicine, Rashid Veterinary Medicine, Hatta Veterinary Medicine, Dubai Veterinary Medicine, Latifah Veterinary Medicine (Al Wasl Veterinary Medicine), Jebel Ali Veterinary Medicine, American Veterinary Medicine Dubai, and Emirates International Veterinary Medicine, are among the major market players operating in the UAE Veterinary Medicine market.

Report Scope:

In this report, UAE veterinary medicine market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• UAE Veterinary Medicine Market, By Animal Type:
• Production

Poultry

Swine

Cattle

Others

• Companion

Dogs

Cats

Horse

Others

• UAE Veterinary Medicine Market, By Product Type:
• Vaccine
• Pharmaceuticals
• Medicated Feed Additives
• UAE Veterinary Medicine Market, By End User:
• Veterinary Hospitals & Clinics
• Reference Laboratories
• Others
• UAE Veterinary Medicine Market, By Source:
• Domestic
• Import
• UAE Veterinary Medicine Market, By Region:
• Dubai
• Abu Dhabi
• Sharjah
• Rest of UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in UAE veterinary medicine market.

Company Information

Detailed analysis and profiling of additional market players (up to five).Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights