Saudi Arabia Dietary Supplements Market to be Dominated by Combination Dietary Supplement segment through 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,
2018-2028”, Saudi Arabia Dietary Supplements
Market Size is anticipated to observe impressive growth during the forecast
period, 2024-2028. The key
drivers of growth in the Saudi Arabia dietary supplement 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 that 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 is the other reason that impending the Dietary Supplements market.
Browse over XX market data Figures spread through XX 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 is
expected to hold the largest market share 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. Tablets 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, tablets 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. Tablets 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 and dominate 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:
- 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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“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.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
Saudi
Arabia Dietary Supplements
Market, By Product Type,
(Combination Dietary Supplement, Vitamin, Herbal Supplement, Fish Oil &
Omega Fatty Acid, Protein and Others), By Form (Tablets, Capsules, Powder,
Liquids and Soft Gels), By Distribution Channel (Pharmacies and Drug Stores,
Supermarkets and Hypermarkets, Online and Others), By Application (Energy &
Weight Management, General Health, Bone & Joint Health, Immunity and
Others), By End User (Infants, Children, Adults, Pregnant Females, Geriatric), By
Region and Competition, 2028, 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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