Press Release

Saudi Arabia Dietary Supplements Market to Register a CAGR of 7.07% and Reach USD 382.82 Million by 2028

Rising health consciousness, increasing prevalence of chronic diseases, and changing dietary habits drive Saudi Arabia Dietary Supplements Market in the forecast period 2024-2028


According to TechSci Research report, Saudi Arabia Dietary Supplements Market- Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, Saudi Arabia Dietary Supplements Market Size is expected to register a CAGR of 7.07% and reach USD 382.82 million by 2028. The key drivers of growth in the Saudi Arabia dietary supplements market are the increasing prevalence of chronic diseases such as diabetes, heart disease, and obesity. As people seek to manage these conditions, they are turning to dietary supplements to enrich their diets and maintain their overall health. In addition, the Saudi Arabia government has launched several initiatives aimed at promoting healthy lifestyles and combating chronic diseases. These initiatives include awareness campaigns, regulations on unhealthy foods, and the promotion of physical activity.

Furthermore, the lack of regulation and consumer awareness is the key reason hampering the market growth. One of the biggest challenges facing Saudi Arabia dietary supplement market is the lack of consumer awareness. Many people in Saudi Arabia are not familiar with dietary supplements or their potential benefits. This lack of awareness can make it difficult for companies to market their products and for consumers to make informed decisions about which supplements they need to consume. Apart from these, high cost of dietary supplements, and limited availability of dietary supplements are other reasons impending the Dietary Supplements market.


Browse over 40 market data Figures spread through 117 Pages and an in-depth TOC on the "Saudi Arabia Dietary Supplements Market


Saudi Arabia Dietary Supplements market is segmented into product type, form, distribution channel, application, and end user.

Based on product type, the market is categorized into combination dietary supplement, vitamin, herbal supplement, fish oil & omega fatty acid, protein, and others. Vitamins dominated the market with an overall market share of 35.83% and is expected to hold the largest market share of in the forecast period. Vitamins are essential nutrients that the body needs to function properly, and they cannot be synthesized by the body in sufficient quantities. As a result, many people may not be getting enough vitamins from their diet alone, and taking a vitamin supplement can help ensure that they meet their daily recommended intake. Secondly, there is a growing interest in using natural and alternative remedies for health and wellness, and vitamins are a key component of many natural and alternative health practices. As people become more health-conscious and seek out natural ways to improve their health, the demand for vitamin supplements is likely to continue growing.

Based on form, the market is distributed into tablets, capsules, powder, liquids, and soft gels. Capsules segment held the largest market share of 33.70%. Capsules are a convenient and easy-to-use format for taking dietary supplements. They are small, portable, and can be easily swallowed with water or another beverage. Secondly, capsules are a versatile format that can be used to deliver a wide range of dietary supplements, including vitamins, minerals, herbal extracts, and other nutritional ingredients. This makes them a popular choice among manufacturers and consumers alike. Capsules are a cost-effective way to produce and package dietary supplements. They can be manufactured in large quantities using automated machinery, which helps to keep production costs low and allows manufacturers to offer their products at competitive prices.

Based on distribution channel, the market is distributed into pharmacies and drug stores, supermarkets and hypermarkets, online and others. Pharmacies and drug stores carry a wide range of dietary supplements, dominating a significant portion of the dietary supplement market. This is because these stores are often trusted sources for health-related products and services, and many consumers look to them for advice on which supplements to take. Additionally, pharmacies and drug stores have established relationships with suppliers and manufacturers of dietary supplements, which allows them to offer a diverse range of products at competitive prices. They also have the advantage of being able to offer prescription medications alongside dietary supplements, which can be convenient for customers who need both.


Major companies operating in the Saudi Arabia Dietary Supplements Market are:

  • Pfizer Saudi Limited
  • Abbott Saudi Arabia Trading LLC
  • Bayer Saudi Arabia, LLC
  • Nestlé S.A. (Al Muhaidib Group)
  • Procter & Gamble Company (Abudawood Group)
  • Applied Nutrition Ltd. (AmCan International Group, Inc)
  • Glanbia Performance Nutrition, Inc. (Amcan International Group)
  • ARKOPHARMA Laboratories Co. Ltd. (Bashir Skakib Al – Jabri & Co. Ltd.)
  • Vitabalans Oy
  • Vytalogy wellness

 

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“Saudi Arabia Dietary Supplements Market is expected to grow at the highest rate during the forecast period. Consumers are increasingly looking for natural and organic products that are free from artificial ingredients and allergens. To tap into the growing demand, both local and international companies are expanding their product offerings and investing in research and development to develop innovative and effective supplements that cater to the specific needs of Saudi consumers. E-commerce platforms are also becoming popular channels for consumers to purchase dietary supplements, making it easier for consumers to access a wide range of products. These trends lead to increase in demand of Dietary Supplements in the Saudi Arabia market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Saudi Arabia Dietary Supplements Market, By Product Type (Vitamin, Combination Dietary Supplement, Protein, Herbal Supplement, Fish Oil & Omega Fatty Acid, and Others), By Form (Capsules, Tablets, Powder, Soft Gels, Liquid), By Distribution Channel (Pharmacies and Drug Stores, Online, Supermarkets and Hypermarkets, and Others), By Application (Immunity, General Health, Energy & Weight Management, Bone & Joint Health, and Others), By End User (Adults, Geriatric, Pregnant Females, Children, Infants), By Region, Competition, Forecast & Opportunities, 2028F, has evaluated the future growth potential of Saudi Arabia dietary supplements  market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Dietary Supplements Market.”


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