Saudi Arabia Dietary Supplements Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Saudi Arabia Dietary Supplements Market is expected to grow at a CAGR of around 8.0% during the forecast period, i.e., 2024-30. The most prominent factors contributing to the market growth are the rising consumer awareness of the importance of well-being & prevention, coupled with the rapidly increasing internet penetration, and the emergence of online websites & portals of international healthcare firms offering consultancy services. In addition, the climbing healthcare costs are also leading to more than ever attention toward prevention & care through supplements in order to reduce long-term costs.
Markntel Advisor’s Saudi Arabia Dietary Supplements Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Saudi Arabia Dietary Supplements Market drivers, barriers, Saudi Arabia Dietary Supplements Market Trends, and Key Players in Saudi Arabia Dietary Supplements Market.
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Saudi Arabia Dietary Supplements Market Dynamics: 2024-2030
Saudi Arabia Dietary Supplements Market Driver:
Rising Health Concerns Among People – With the rapidly growing geriatric population and the mounting prevalence of lifestyle-related diseases, people in Saudi Arabia are becoming more & more focused on health-benefiting products like supplements, i.e., the primary aspect expected to drive the Dietary Supplements Market in the country during 2024-30. Moreover, the emerging trend of healthy aging is another crucial factor encouraging the adoption of dietary supplements among consumers as the body’s physical health starts declining at around 30 years of age, the root cause of which is the deficiency of vitamins & minerals. Hence, these aspects are set to boost the Saudi Arabia Dietary Supplements Market over the forecast years.
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Saudi Arabia Dietary Supplements Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Ingredients
- Botanicals
- Vitamins
- Minerals
- Proteins & Amino Acids
- Omega Fatty Acids
- Fibers & Specialty Carbohydrates
- Others
- By Form
- Tablets
- Capsules
- Soft gels
- Powders
- Gummies
- Liquids
- Others
- By Application
- Energy & Weight Management
- General Health
- Bone & Joint Health
- Gastrointestinal Health
- Immunity
- Cardiac Health
- Diabetes
- Anti-Cancer
- Others
- By End-User
- Adults
- Geriatric
- Pregnant Women
- Children
- Infants
- By Distribution Channel
- OTC
- Prescribed
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Top Companies Operating in the Saudi Arabia Dietary Supplements Market:
- Bayer Saudi Arabia, LLC
- Amway Corp
- Herbalife Nutrition Ltd.
- Abbott Saudi Arabia Trading LLC.
- Pfizer Saudi Limited
- Glaxo Saudi Arabia Limited
- Glanbia Performance Nutrition, Inc.
- The Archer-Daniels-Midland Company
- ARKOPHARMA Laboratories, Company Limited
- Bionova Lifesciences Pvt. Ltd.
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