MarkNtel Advisors analyses the growth rate of the Saudi Arabia Dietary Supplements market in the forecast period from 2024 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Saudi Arabia Dietary Supplements market, helping them make informed decisions.
Market Outlook – 2024-2030:
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.
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Key Company Profiles
This report explores recent significant developments in the Saudi Arabia Dietary Supplements Market, focusing on the leading companies and their innovative profiles. The major players in the Saudi Arabia Dietary Supplements Market, featured in this report, include:
- 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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Market Segmentation & Coverage
This research report by MarkNtel Advisors categorizes the Saudi Arabia Dietary Supplements Market to forecast revenues and analyse trends across each of the following sub-markets:
- By Ingredients
- Botanicals
- Vitamins
- Minerals
- Proteins & Amino Acids
- Omega Fatty Acids
- Fibers & Specialty Carbohydrates
- Others
Of them all, Vitamins acquired the largest share of the Saudi Arabia Dietary Supplements Market in the previous few years as they help boost immune, enhance growth & development, and support better functioning of cells & organs.
- 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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What are the primary factors driving the growth of the Saudi Arabia Dietary Supplements Market?
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.
Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
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