Rising Demand for Animal-derived Food Products Driving Market Growth

The demand for animal-derived food products, namely meat, milk, and eggs, has increased in the Middle East & Africa (MEA) region. The increasing consumption of animal-derived foods in MEA is attributed to decreasing agricultural productivity due to shrinking resources and the reduced availability of cultivable land. Foods derived from animals are a major source of protein, and a protein-rich diet is essential to leading a healthy life.

The consumption of animal proteins is stable (around 44 to 55 g/capita/day) in developed countries, while the consumption is increasing in developing regions. According to the Food and Agriculture Organization (FAO), by 2050, small ruminant meat and beef production in Nigeria will increase by 159% and 233%, respectively, compared to 2012. Also, according to FAO, the volume of milk and beef consumed in Uganda will increase by nearly 3,300 thousand tons and 750 thousand tons, respectively, in the next 38 years, with aggregate consumption estimated at over 4,600 thousand tons for milk and 930 thousand tons for beef in 2050.
Farmers are expected to increase livestock production to meet the increasing demand for animal-derived foods. The increased livestock population will necessitate the adoption of diagnostic testing for animals. Diagnostic testing helps in the early detection and treatment of diseases, ensuring the safety and quality of animal-derived food products. This factor is expected to boost the growth of the MEA livestock diagnostics market in the coming years.

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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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