PUBLISHER: The Insight Partners | PRODUCT CODE: 1463568
PUBLISHER: The Insight Partners | PRODUCT CODE: 1463568
The Middle East & Africa swine diagnostics market is expected to grow from US$ 2.88 million in 2022 to US$ 4.40 million by 2030. It is estimated to grow at a CAGR of 5.4% from 2022 to 2030.
Rising R&D Efforts to Create Novel Pharmaceuticals Drive Middle East & Africa Swine Diagnostics Market
Researchers worldwide are focusing on developing potent new therapeutics to treat and prevent swine-related diseases. Further, Zoetis and Colorado State University signed an agreement to establish the Zoetis Incubator Research Lab in January 2020. This agreement paves the path for new immunotherapies that could replace antibiotics used in food-producing animals. Therefore, rising R&D efforts in creating potent novel therapeutics would result in new growth trends in the Middle East & Africa swine diagnostics market.
Middle East & Africa Swine Diagnostics Market Overview
South Africa is the largest market for swine diagnostics in the Middle East & Africa. The country exhibits tremendous growth in pork production, at an annual growth rate of 3.5%. In addition, the number of companies operating in the pig industry is increasing in the country. According to the South African Ministry of Agriculture data published in May 2020, 400 companies operated in the pig industry in South Africa. The country accounts for 0.4% of the global pig production. The growth in pig production is seen due to the increasing consumption of pig meat, improved farm management practices, and advancements in genetics. Further, large land availability and allocation for pig farms built with modern and efficient farming technologies contribute to the pig industry in South Africa. These farms used for pig farming can house 600-5,000 pigs. Thus, the flourishing pig farming triggers the demand for diagnostics products to maintain pig health and enhance the quality of pig's meat and other derivatives.
Middle East & Africa Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Swine Diagnostics Market Segmentation
The Middle East & Africa swine diagnostics market is segmented into product type, sample type, disease, end user, and country.
Based on product type, the Middle East & Africa swine diagnostics market is segmented into immunoassays kits, PCR kits, hemagglutination inhibition (HI), and others. In 2022, the immunoassays kits segment registered the largest share in the Middle East & Africa swine diagnostics market.
Based on sample type, the Middle East & Africa swine diagnostics market is segmented into blood, oral fluids, nasal swabs, tissue samples, and others. In 2022, the blood segment registered the largest share in the Middle East & Africa swine diagnostics market.
Based on disease, the Middle East & Africa swine diagnostics market is segmented into African swine fever (ASF)/classical swine fever (CSF), respiratory diseases, porcine circovirus, porcine epidemic diarrhea, swine dysentery, and others. In 2022, the African swine fever (ASF)/classical swine fever (CSF) segment registered the largest share in the Middle East & Africa swine diagnostics market.
Based on end user, the Middle East & Africa swine diagnostics market is segmented into veterinary hospitals, veterinary clinics, and other end users. In 2022, the veterinary hospitals segment registered the largest share in the Middle East & Africa swine diagnostics market.
Based on country, the Middle East & Africa swine diagnostics market is segmented into South Africa, Israel, and the Rest of Middle East & Africa. In 2022, South Africa registered the largest share in the Middle East & Africa swine diagnostics market.
BioCheck BV, Idexx Laboratories Inc, Innovative Diagnostics SAS, Neogen Corp, Ring Biotechnology Co Ltd, SAN Group GmbH, Thermo Fisher Scientific Inc, and Zoetis Inc are some of the leading companies operating in the Middle East & Africa swine diagnostics market.