Vitamins to dominate by product type in Egypt Dietary Supplements Market through 2028
Increasing consumer awareness
and interest in health and wellness is expected to drive the Egypt Dietary
Supplements Market in the forecast period, 2024-2028.
According
to TechSci Research report, “Egypt Dietary
Supplements Market- Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028”, Egypt Dietary
Supplements Market to grow at an impressive rate through 2028. The Egypt
dietary supplements market is driven by factors such as increasing health
awareness, changing lifestyles and diets, and a growing demand for natural and
functional products. There is a growing trend towards natural and organic
dietary supplements in Egypt, with many manufacturers focusing on developing
products that are free from artificial ingredients and preservatives. This in
turn is expected to open new prospects for the growth of dietary supplements
market in Egypt.
However, despite increasing health awareness in
Egypt, there is still a lack of awareness about the benefits of dietary
supplements among some segments of the population. Many consumers are not
familiar with the different types of supplements available, or how they can be used
to address specific health concerns, thereby hampering the growth of Egypt
dietary supplements market. While regulatory authorities in Egypt have
developed guidelines for the sale of dietary supplements, there are still
challenges related to ensuring that products are safe and effective. This can
make it difficult for manufacturers to obtain licenses and comply with quality
standards, which can limit the growth of the industry. Furthermore, many
consumers in Egypt are price sensitive, and may be reluctant to pay higher
prices for dietary supplements. This can make it challenging for manufacturers
to price their products competitively while still maintaining high quality
standards, thereby restricting the growth of Egypt dietary supplements market.
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the "Egypt Dietary Supplements Market.”
Egypt
Dietary Supplements market is segmented into product type, form, distribution
channel, application and end user.
Based
on product type, Egypt dietary supplements market is categorized into combination dietary supplement, vitamin, herbal
supplement, fish oil & omega fatty acid, protein and others. Vitamins
dominated the Egypt dietary supplements market in 2022 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. They are involved in a wide
range of bodily processes, including metabolism, immune function, and bone
health. Vitamins are widely available making them easy to incorporate into a
healthy diet.
Based
on form, the market is categorized into tablets, capsules, powder, liquids and
soft gels. The capsule form is expected to hold the largest market share
through 2028. This can be ascribed to various benefits associated with capsules
such as they are easier to swallow, absorb quickly, customizable, among others.
Also, capsules often contain fewer additives than tablets, such as binders,
fillers, and coatings. Furthermore, capsules can be opened and mixed with food
or liquid, which can be helpful for people who have difficulty swallowing pills
or who prefer to take their supplements in a different form.
Based
on application, Egypt dietary supplements market is divided into energy &
weight management, general health, bone & joint health, immunity and
others. The immunity segment dominated the Egypt dietary supplements in 2022.
Dietary Supplements that can support immune health include vitamins C, D, and
E, zinc, and probiotics. These supplements can help to strengthen the immune
system and reduce the risk of infections and illnesses. The role of dietary supplements
in improving and increasing immunity has been well established among the
population ever since the COVID-19 breakdown.
Major
companies operating in the Egypt Dietary Supplements Market are:
- Amoun Pharmaceutical Company S.A.E.
(“Amoun”)
- Pfizer, Inc. (Egypt)
- Future Pharmaceutical Industries
- Abbott Laboratories S.A.
- Fresenius Kabi Scientific Office Egypt
- ADVANCED Sports Nutrition Co
- Pioneer Pharmaceutical Industries
- Med Care Pharma, Egypt Otsuka (Otsuka
Pharmaceuticals)
- Health Wise Egypt
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“Egypt Dietary Supplements Market is expected to grow in
the coming years with an increasing number of consumers turning to supplements
to support their health and well-being. The demand for dietary supplements in
Egypt is likely to be highest in urban areas, such as Cairo and Alexandria,
which have large populations and access to a wider range of health and wellness
products. Additionally, consumers in these regions may have greater awareness
of the benefits of dietary supplements and be more likely to seek out these
products.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
Egypt 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 Egypt 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 Egypt dietary supplements market.”
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