Consumer Goods and Retail Report Blog

  Increasing investment in animal healthcare is driving the growth of the Saudi Arabia Veterinary Medicine Market, in the forecast period, 2023-2027F. According to TechSci report on, “ Saudi Arabia Veterinary Medicine Market  -  By Region, Competition, Forecast & Opportunities, 2017-2027F”   In 2021, the Saudi Arabia veterinary market stood at USD152.01 million and is expected to grow at CAGR of 5.00% during the forecast period. The growing veterinary medicine market in Saudi Arabia can be attributed to the developing animal healthcare sector. Raw and processed meat consumption is rapidly increasing. In the next five years, the Saudi Arabia veterinary medication industry will be fuelled by an increase in demand for milk and dairy products from cattle. Increased animal farming for the supply of animal consumable items will help the Saudi Arabia veterinary pharmaceutical industry expand during the next five years. Concerns over animal health and the desire for nutr...