Saudi Arabia Nutraceuticals Market Poised for Robust Growth, forecasted to Expand at 6.71% CAGR from 2022-27

MarkNtel Advisors has released its latest report highlighting strong growth in The Saudi Arabia Nutraceutical Market is projected to grow at a CAGR of around 6.71% during the forecast period, i.e., 2022-27

Report Coverage

This report offers a comprehensive analysis of the Saudi Arabia Nutraceuticals Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2021
• Forecast Years: 2022-27
• Historical Years: 2017-20

Saudi Arabia Nutraceuticals Market Overview

The Saudi Arabia Nutraceutical market expanded significantly during 2017-2021. The increasing awareness of consumers toward the health benefits of nutraceuticals as well as the food & beverages sector, including the nutraceuticals in the edible products, has been some of the key factors attributing to the growth of the nutraceutical market. Further, with the high intake of sugary & oily food products, along with comfortable lifestyle adoption, lifestyle-based diseases in the country have become widespread. These diseases include cholesterol, diabetes, blood pressure, cardiovascular diseases, etc., which have been some of the leading causes of death in the country.

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Saudi Arabia Nutraceuticals Market Segmentation Outlook

The Saudi Arabia Nutraceuticals is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product Type

• Dietary Supplements
  • Proteins & Peptides
  • Vitamins & Minerals
  • Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, And Phytochemicals)
  • Others (Fatty Acids and Fiber)
• Functional Foods
  • Probiotics Fortified Food
  • Omega Fatty Acid Fortified Food
  • Branded Ionized Salt
  • Branded Wheat Flour
  • Others
• Functional Beverages
  • Fruit & Vegetable Juices and Drinks
  • Dairy & Dairy Alternative Drinks
  • Non-Carbonated Drinks (Bottled Water, Tea, And Coffee)
  • Other (Herbal Tea, Sports Drinks, And Energy Drinks)

By Source

• Plant
• Animal
• Microbial

By Form

• Tablets & Capsules
• Gummies & Soft Gels
• Powder & Liquid

By Sales Channel

• Offline Store-Based
  • Supermarkets & Hypermarkets
  • Specialty Stores
• Online

By Region

• Central
• West
• East
• South

Saudi Arabia Nutraceuticals Market Driver

Burgeoning Lifestyle-based Diseases to Lead the Demand for Nutraceuticals- Saudi Arabia is one of the high-income economies in the Middle East region, with high consumption of packaged food & beverages. However, the consumption of packaged foods and luxury lifestyles, combined with decreased physical activity, has resulted in a significant portion of the population suffering from ailments such as obesity, hypertension, diabetes, etc. According to World Health Organization, the total percentage of the obese population under the age of 15 years was over 70% in the Kingdom of Saudi Arabia.

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Top Saudi Arabia Nutraceuticals Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Bayer Saudi Arabia, LLC, Vitabiotics Ltd., Nestlé Middle East & North Africa, Herbalife Nutrition Ltd., BASF Saudi Arabia Co. Ltd., PepsiCo Inc., General Mills Inc., Nature's Way Products, LLC., Abbott Saudi Arabia Trading LLC, Pfizer Saudi Limited Corporate, Others as key players shaping the market landscape.

Saudi Arabia Nutraceuticals Market News

• In 2020, General Mills announced the expansion of its distribution networks in Saudi Arabia in collaboration with Ahmad A. Abed Trading Co. In addition, the aim of expanding the distribution network was to increase the supply of Pillsbury products.  

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2027?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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