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Redding, California - February 2, 2024

Middle East & Africa Livestock Diagnostics Market to Reach $39.7 Million by 2031

Middle East & Africa Livestock Diagnostics Market by Product (Consumables {ASF, FMD, Influenza}, Systems), Technology (Immunodiagnostics {ELISA, LFA}, PCR), Animal Type (Ruminants {Bovines}, Poultry), End User (POC, Veterinary Hospitals) – Forecast to 2031

Meticulous Research^®—leading market research company, published a research report titled ‘Middle East & Africa Livestock Diagnostics Market by Product (Consumables {ASF, FMD, Influenza}, Systems), Technology (Immunodiagnostics {ELISA, LFA}, PCR), Animal Type (Ruminants {Bovines}, Poultry), End User (POC, Veterinary Hospitals) – Forecast to 2031.’

According to this latest publication from Meticulous Research^®, the Middle East & Africa livestock diagnostics market is expected to grow at a CAGR of 9.6% from 2024 to reach $39.7 million by 2031. The growth of this market is driven by the increasing livestock population, growing instances of animal disease outbreaks, the rising demand for animal-derived food products, and the growing risk of zoonotic diseases in the region. Additionally, the growing government focus on increasing self-sufficiency and reducing food imports from other countries and the rising awareness regarding animal health and food quality in the region are expected to generate growth opportunities for the stakeholders in this market. However, the underdeveloped animal diagnostic infrastructure in low-income countries of the region is a major challenge impacting the growth of this market.

Key Players

The key players operating in the Middle East & Africa livestock diagnostics market are IDEXX Laboratories, Inc. (U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France), Neogen Corporation (U.S.), IDvet (France), FUJIFILM Holdings Corporation (UAE), VMRD, Inc. (U.S.), and GD Animal Health (Netherlands).

Middle East & Africa Livestock Diagnostics Market: Future Outlook

The Middle East & Africa livestock diagnostics market is segmented by product [consumables (foot & mouth disease, influenza, bovine viral diarrhea, African swine fever, Bluetongue Virus, and other diseases), systems, and software], animal type [ruminants (bovines and other ruminants), poultry, swine, and other livestock], technology [immunodiagnostics (ELISA and others), molecular diagnostics (PCR and other molecular diagnostic technologies), and other technologies], end user [reference laboratories, veterinary hospitals & clinics, and point-of-care/at-farm testing], and geography. The study also evaluates industry competitors and analyzes the market at the country and regional levels.

Based on product, the Middle East & Africa livestock diagnostics market is segmented into consumables, systems, and software. In 2024, the consumables segment is expected to account for the largest share of the Middle East & Africa livestock diagnostics market. The segment’s large share can be attributed to the recurrent use of consumables, the high preference for rapid diagnostics for efficient disease management, and the availability of test kits for various animal diseases.

Based on animal type, the Middle East & Africa livestock diagnostics market is segmented into ruminants, poultry, swine, and other livestock. The ruminants segment is expected to record the highest CAGR during the forecast period, mainly due to the increasing demand & consumption of animal-derived food products and increasing bovine, sheep, and goat populations in the region. For instance, according to the FAO, in 2022, the goat population in Iran reached 18.3 million from 15.9 million in 2015. Similarly, in 2022, the sheep population in Iraq increased to 6.7 million from 6.5 million in 2015.

Based on technology, the Middle East & Africa livestock diagnostics market is segmented into immunodiagnostics, molecular diagnostics, and other technologies. In 2024, the immunodiagnostics segment is expected to account for the largest share of the Middle East & Africa livestock diagnostics market. The use of immunodiagnostic testing for disease diagnosis and monitoring is one of the major factors contributing to the segment’s large share. Additionally, immunodiagnostic tests offer a rapid and near-patient testing option that helps farmers with early disease diagnosis and treatment. Moreover, immunodiagnostic tests are more cost-effective than other diagnostic tests.

Based on end user, the Middle East & Africa livestock diagnostics market is segmented into reference laboratories, veterinary hospitals & clinics, and point-of-care/at-farm testing. The point-of-care/at-farm testing segment is expected to register the highest CAGR during the forecast period, mainly due to the growing awareness among farmers regarding the importance of early disease diagnosis in animals and the growing preference for near-animal testing.

Geographic Review

This research report analyzes the Middle East & Africa livestock diagnostics market, including major countries such as Saudi Arabia, the UAE, Israel, Iran, Egypt, South Africa, Qatar, Kuwait, Bahrain, Kenya, and Nigeria, along with the Rest of the Middle East & Africa. Saudi Arabia is expected to dominate the Middle East & Africa livestock diagnostics market in 2024. Saudi Arabia’s large market share is attributed to the rising demand and consumption of animal-derived food products, favorable government initiatives, and the growing livestock population in the country.

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Key Questions Answered in the Report:

What is the current revenue generated through the sale of livestock diagnostic products in the Middle East & Africa?
At what rate is the demand for livestock diagnostic products in the Middle East & Africa projected to grow over the next 5–7 years?
What was the historical market size and what is the growth rate of the Middle East & Africa livestock diagnostics market?
What are the major factors impacting the growth of this market at the country level? What are the major opportunities for existing market players and new entrants in the market?
Which segments in terms of product, technology, animal type, and end user are creating major traction for the vendors in this market?
What are the key geographical trends in this market? Which countries are expected to offer significant growth opportunities for the vendors operating in the Middle East & Africa livestock diagnostics market?
Who are the major players in the Middle East & Africa livestock diagnostics market? And what are their specific product offerings?
What are the recent strategic developments in the Middle East & Africa livestock diagnostics market, and what are the impacts of these developments on the market ?

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Redding, California - February 2, 2024

Middle East & Africa Livestock Diagnostics Market to Reach $39.7 Million by 2031

Middle East & Africa Livestock Diagnostics Market by Product (Consumables {ASF, FMD, Influenza}, Systems), Technology (Immunodiagnostics {ELISA, LFA}, PCR), Animal Type (Ruminants {Bovines}, Poultry), End User (POC, Veterinary Hospitals) – Forecast to 2031

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