Report

Saudi Arabia Nutraceuticals Market Report and...

130 pages Nov 2024
Saudi Arabia Nutraceuticals Ma...

Saudi Arabia Nutraceuticals Market Report and Forecast 2032

Saudi Arabia Nutraceuticals Market

  • Healthcare
  • Pages : 130
  • Nov 2024
  • Report Format :  

    pdf ppt xl

Saudi Arabia Nutraceuticals Market Insights & Analysis

The Saudi Arabia Nutraceuticals Market is anticipated to register a CAGR of around 6.7% during the forecast period, i.e., 2025-32. As people in Saudi Arabia have become more aware of the health benefits of nutraceuticals, their utilization has increased overall. Products made from food that offer additional health benefits above standard diets are known as nutraceuticals.

Consequently, the industry for nutraceuticals has grown dramatically in Saudi Arabia in recent years. Augmented consumer knowledge of the health advantages of nutraceuticals & their incorporation into food & beverage items are some aspects contributing to this upsurge.

Moreover, sedentary lifestyles & an extraordinary consumption of sugary & fatty foods have led to an uptake in the occurrence of lifestyle-based illnesses like diabetes, high blood pressure, and cardiovascular diseases. As a result, the nation’s efforts to promote health & prevent sickness are increasingly depending on nutraceuticals, which would further influence the market's growth in the forthcoming years.

Saudi Arabia Nutraceuticals Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2025-2032): 6.7%

  • Market Value YYYY: USD XX Billion/Million

  • Major Players: Bayer Saudi Arabia, LLC, Vitabiotics Ltd., Nestlé Middle East & North Africa, Herbalife Nutrition Ltd., BASF Saudi Arabia Co. Ltd., PepsiCo Inc., and Others 

Saudi Arabia Nutraceuticals Market Dynamics

  • Increasing Prevalence of Lifestyle Diseases Demanding Nutrients-rich Alternatives to Propel the Market

With 550 million verified cases, diabetes affects millions of people around the globe & has been steadily increasing in prevalence, as per WHO data. Research has revealed that nutraceuticals might assist in reducing the severity associated with diabetes & perhaps stop type 1 diabetes from developing into type 2 diabetes. As nutraceutical products are widely accessible, reasonably priced, and prescription-free, the general population can simply afford them.

Nutraceutical supplements also contain essential compounds including resveratrol, curcumin, and cinnamon, which have had promising results in lowering fasting blood glucose levels, reducing insulin resistance, and lowering glucose levels, respectively. These factors have therefore driven the demand for nutraceuticals, which has elevated the Saudi Arabia Nutraceuticals Market sales.


Saudi Arabia Nutraceuticals Market Report and Forecast 2032

  • Saudi Arabia's Greater Reliance on the Import of Nutraceuticals Would Restrict the Market

The nation has become increasingly reliant on on imported nutraceuticals, which include products like vitamins, proteins, amino acids, and minerals, throughout time. Owing to this aggregating dependence on imports, the nutraceutical supplement market has encountered numerous thoughtful issues. The growth of the Saudi Arabian Nutraceutical Market is hindered by these challenges, which include the susceptibility of domestic industry prices to outside influences & ongoing problems with supply chain stability that can be impacted by a number of unanticipated events.

  • Chiseled Physique Obsession Among Youth Opening Up New Avenues for Nutraceuticals

The Saudi Arabian Market for dietary supplements has expanded owing to the increasing popularity of getting a trim & toned figure. Furthermore, the epidemic has elevated individual’s awareness of their immune & health systems, which has led to a surge in demand for gyms, sports clubs, and fitness instruction. The need for protein bars, energy bars, non-carbonated energy drinks, and sports supplements has upscaled as a result of this trend.

In addition, the upswing in gyms & exercise facilities brought about by bodybuilding's popularity is presumed to fuel demand for nutritional supplements that encourage muscle growth in the upcoming years, such as whey protein, total gainer, and isopure.

Saudi Arabia Nutraceuticals Market Segment-wise Analysis

By Source:

  • Animals
  • Plants
  • Microbial

As of 2022, plant-sourced nutraceuticals held the dominant share in the Saudi Arabia Nutraceuticals Market, primarily due to the growing trend of veganism in the Middle Eastern region, including Saudi Arabia. Vegan products are fortified with essential nutrients & properties, making them as nutritious as their animal-based counterparts. A recent independent survey showed that people who prefer a vegan diet generally have better health attributes.

Likewise, excessive consumption of meat has led to increased cases of heart ailments in the region, with around 30% of adults in Middle Eastern countries suffering from hypertension due to their diets. Furthermore, the region's policy to stop imports and local manufacturing of animal-derived ingredients has also contributed to the growth of plant-based products.

Consequently, the market has seen significant product innovations in plant-based meat, with global manufacturers keen on exploiting untapped industries in the region to gain massive success.

By Product Type:

  • Functional Foods
  • Functional Beverages
  • Dietary Supplements
  • Others

Functional Foods and Beverages held the largest share of the Saudi Arabia Nutraceuticals Market, primarily due to the numerous product launches in this category. This category includes sports drinks, energy drinks, dairy alternatives, and nutritious cereal & confectionery items. The segment's dominance is attributed to the health benefits & performance enhancement associated with these products.

Moreover, Functional Beverages are projected to be the fastest-growing, primarily due to the limited competition in the market & government support for this industry. For example, Dubai Energy Drink represents the country's value with the name "Dubai." Moreover, the rising need for these products among students, corresponding to the entry of more local producers, would create lucrative prospects in the national market. 

For example, in 2022, AceBiome, a South Korean company, proclaimed the unveiling of a probiotic dietary supplement in Saudi Arabia to address weight management health concerns. The supplement is redicted to aid consumers manage their weight by encouraging healthy gut bacteria, which can improve digestion & metabolism. This launch is presumed to be well-received in Saudi Arabia, where there is a rising demand for dietary supplements that can help in weight management & improve overall health.                                                         

What Does Our Saudi Arabia Nutraceuticals Market Research Study Entail?

  • The Saudi Arabia Nutraceuticals Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
  • The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
  • The Saudi Arabia Nutraceuticals Market Research Report entails details about the most critical shifts in market share in the prominent regions.
  • Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.


Table of Contents

List of Figure

List of Table

Companies Mentioned

  • 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

Frequently Asked Questions

   A. The Saudi Arabia Nutraceuticals Market is anticipated to register a CAGR of around 6.7% during the forecast period, i.e., 2025-32.

   A. The increasing prevalence of lifestyle diseases demanding nutrient-rich alternatives propels the market through 2032.

   A. Saudi Arabia's greater reliance on the import of nutraceuticals would restrict the Nutraceuticals Market through 2032.

   A. Chiseled physique obsession among youth opens up new avenues for nutraceutical products in the market.

   A. Plant-sourced nutraceuticals are expected to be the fastest-growing segment in the Saudi Arabia Nutraceuticals Market during the forecast period.

   A. 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, are the major competitors in the Saudi Arabia Nutraceuticals Market.