Saudi Arabia Feed Additives Market Size (2024 - 2029)

Saudi Arabia Feed Additives Market Size Summary

The Saudi Arabia feed additives market is poised for steady growth, driven by increasing demand for animal health products and investments in commercial animal production. The market is characterized by a significant focus on poultry, which holds the largest share of the feed additive market by value, due to the rising demand for poultry meat and enhanced feed production. Ruminants also represent a substantial portion of the market, reflecting the country's strong dairy and meat production sectors. The use of betaine in poultry feed is a notable trend, as it helps reduce costs by replacing other methyl donors. Amino acids dominate the feed additive segment, playing a crucial role in protein synthesis, which enhances meat quality and milk production. Other important additives include binders, probiotics, and minerals, which collectively support animal growth and improve feed conversion ratios.

Saudi Arabia's position as the largest poultry meat producer in the GCC underscores the significance of the feed additives market. The country's consumers' preference for affordable and high-quality poultry meat drives the demand for efficient feed solutions. The market is moderately concentrated, with regional players holding a substantial share and focusing on business expansion and innovation to maintain competitiveness. Investments in new production facilities and strategic acquisitions are common strategies among leading companies. The market landscape is further shaped by significant investments from major players like Almarai, aimed at boosting poultry production capacity. Overall, the Saudi Arabian feed additives market is expected to continue its growth trajectory, supported by technological advancements and strategic investments in the sector.