Saudi Arabia Dietary Supplements Market Growth, Size, Trends, Demand, Share and Future Outlook: SPER Market Research

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Published: Jul 2024	Report ID: NUTR2401	Pages: 1 - 105	Formats^*:
Category : Nutraceuticals

Saudi Arabia Dietary Supplements Market Introduction and Overview

According to SPER Market Research, the Saudi Arabia Dietary Supplements Market is estimated to reach USD 1040.79 million by 2033 with a CAGR of 11.43%.

The report includes an in-depth analysis of the Saudi Arabia Dietary Supplements Market, including market size and trends, product mix, applications, and supplier analysis. Dietary supplements are goods that serve to improve the physiological processes of the body and sustain health. It also reduces disease risk and promotes physical and mental health. The supplements help to provide the body with nutrients such minerals, vitamins, fibre, and amino acids.

In January 2023, Nutrigums, a UK-based functional gummy company, announced plans to expand into three new Middle Eastern regions. The company's recent multi-million-pound partnership in Saudi Arabia opens up a prospective worldwide market for its gummy vitamins. Nutrigums has established exclusive distribution ties with renowned distributors in Kuwait and Palestine.

Herbalife has introduced a new line of protein supplements to the Saudi market, including whey protein, soy protein, and plant-based protein supplements. The pills are designed to help people maintain healthy muscle mass and recuperate from activity.

Market Opportunities and Challenges

Opportunities

Increasing consumer healthcare expenses. The Middle East has seen an increase in consumer healthcare product sales, which is expected to continue during the projected period. Healthcare spending has increased in many nations over the last decade or two, and Saudi Arabia is following suit, thanks to greater health awareness and lifestyle changes among its citizens. People are becoming increasingly concerned about their health. They seek to improve their health and well-being through proper diet, which has led to an increase in sales of consumer health care items. People are looking for immune-boosting items including probiotics, herbal supplements, vitamins, and minerals to help them treat a variety of conditions.

Challenges

Expensive Dietary Supplement Products The high cost of premium-sized supplements, combined with the rising cost of standard dietary supplements, may hinder market growth throughout the projection period. Furthermore, rising customer demand for organic products may hinder product growth. Market companies, on the other hand, are gradually applying current technology for supplement manufacturing in order to minimise costs.

Strict regulations Increased awareness of well-being and illness prevention, fast internet penetration, and the capacity to access online websites and portals of global healthcare industry companies are all important market growth drivers. As the sector expands, there is a greater need for government intervention and more controls on supplement efficacy, which may limit market growth.

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Market Competitive Landscape

The Saudi dietary supplement market is fragmented and competitive. Many foreign and local companies are employing a variety of techniques to stay competitive. Major corporations include Bayer Saudi Arabia LLC, Procter & Gamble Company, Abbott Saudi Arabia Trading LLC, and Pfizer Saudi Limited.

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Product Type, By Form, By Distribution Channel, By Application, By End User
Regions covered	Riyadh, Jeddah, Dammam, Rest of Saudi Arabia
Companies Covered	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.

COVID-19 Impact on Saudi Arabia Dietary Supplements Market

Sales of nutritional supplements, probiotic supplements, fatty acids, protein supplements, vitamins, and minerals have skyrocketed, owing to the evident long-term impact of coronavirus infection on humans. Consumers saw health and weight management in a new perspective as a result of unforeseen lifestyle changes, with consumers anxious about becoming less active or gaining weight during the lockdown and pandemic. The COVID-19 epidemic has highlighted the necessity of taking personal responsibility for one's health and making lifestyle adjustments to improve one's quality of life. With greater knowledge of the benefits of dietary supplements in the fight against the pandemic, the market is likely to develop even faster throughout the forecast period.

Key Target Audience:

Health-Conscious Consumers
Aging Population
Pregnant Women and New Mothers
Children and Adolescents
Individuals with Specific Health Conditions
Athletes and Bodybuilders
Busy Professionals
Lifestyle and Diet-Conscious Individuals

Our in-depth analysis of the Saudi Arabia Dietary Supplements Market includes the following segments:

By Product Type:	Combination Dietary Supplements Vitamins Herbal Supplements Fish Oil & Omega Fatty Acid Proteins Others
By Form:	Tablets Capsules Powder Liquids Soft Gels
By Distribution Channel:	Pharmacies and Drug Stores Supermarkets and Hypermarkets Online Others
By Application:	Energy & Weight Management General Health Bone & Joint Health Immunity Others
By End User:	Infants Children Adults Pregnant Females Geriatric

Key Topics Covered in the Report:

Saudi Arabia Dietary Supplements Market Size (FYâ€™2024-FYâ€™2033)
Overview of Saudi Arabia Dietary Supplements Market
Segmentation of Saudi Arabia Dietary Supplements Market By Product Type (Combination Dietary Supplements, Vitamins, Herbal Supplements, Fish Oil & Omega Fatty Acid, Proteins, Others)
Segmentation of Saudi Arabia Dietary Supplements Market By Form (Tablets, Capsules, Powder, Liquids, Soft Gels)
Segmentation of Saudi Arabia Dietary Supplements Market By Distribution Channel (Pharmacies and Drug Stores, Supermarkets and Hypermarkets, Online, Others)
Segmentation of Saudi Arabia Dietary Supplements Market By Application (Energy & Weight Management, General Health, Bone & Joint Health, Immunity, Others)
Segmentation of Saudi Arabia Dietary Supplements Market By End User (Infants, Children, Adults, Pregnant Females, Geriatric)
Statistical Snap of Saudi Arabia Dietary Supplements Market
Expansion Analysis of Saudi Arabia Dietary Supplements Market
Problems and Obstacles in Saudi Arabia Dietary Supplements Market
Competitive Landscape in the Saudi Arabia Dietary Supplements Market
Impact of COVID-19 and Demonetization on Saudi Arabia Dietary Supplements Market
Details on Current Investment in Saudi Arabia Dietary Supplements Market
Competitive Analysis of Saudi Arabia Dietary Supplements Market
Prominent Players in the Saudi Arabia Dietary Supplements Market
SWOT Analysis of Saudi Arabia Dietary Supplements Market
Saudi Arabia Dietary Supplements Market Future Outlook and Projections (FYâ€™2024-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Dietary Supplements Market.

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERâ€™s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Saudi Arabia Dietary Supplements Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Dietary Supplements Market

7. Saudi Arabia Dietary Supplements Market, By Product Type (USD Million) 2020-2033

7.1. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Combination Dietary Supplements
7.4. Vitamins
7.5. Herbal Supplements
7.6. Fish Oil & Omega Fatty Acid
7.7. Proteins
7.8. Others

8. Saudi Arabia Dietary Supplements Market, By Form (USD Million) 2020-2033

8.1. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Form, 2020-2026
8.2. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Form, 2027-2033
8.3. Tablets
8.4. Capsules
8.5. Powder
8.6. Liquids
8.7. Soft Gels

9. Saudi Arabia Dietary Supplements Market, By Distribution Channel (USD Million) 2020-2033

9.1. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. Pharmacies and Drug Stores
9.4. Supermarkets and Hypermarkets
9.5. Online
9.6. Others

10. Saudi Arabia Dietary Supplements Market, By Application (USD Million) 2020-2033

10.1. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Application, 2020-2026
10.2. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By Application, 2027-2033
10.3. Energy & Weight Management
10.4. General Health
10.5. Bone & Joint Health
10.6. Immunity
10.7. Others

11. Saudi Arabia Dietary Supplements Market, By End User (USD Million) 2020-2033

11.1. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By End User, 2020-2026
11.2. Saudi Arabia Dietary Supplements Market Size, Share and Forecast, By End User, 2027-2033
11.3. Infants
11.4. Children
11.5. Adults
11.6. Pregnant Females
11.7. Geriatric

12. Saudi Arabia Dietary Supplements Market Forecast, 2020-2033 (USD Million)

12.1. Saudi Arabia Dietary Supplements Market Size and Market Share

13. Saudi Arabia Dietary Supplements Market, By Region, 2020-2033 (USD Million)

13.1. Saudi Arabia Dietary Supplements Market Size and Market Share By Region (2020-2026)
13.2. Saudi Arabia Dietary Supplements Market Size and Market Share By Region (2027-2033)
13.2.1. Riyadh
13.2.2. Jeddah
13.2.3. Dammam
13.2.4. Rest of Saudi Arabia

14. Company Profile

14.1. Bayer Saudi Arabia, LLC
14.1.1. Company details
14.1.2. Financial outlook
14.1.3. Product summary
14.1.4. Recent developments
14.2. Amway Corp
14.2.1. Company details
14.2.2. Financial outlook
14.2.3. Product summary
14.2.4. Recent developments
14.3. Herbalife Nutrition Ltd
14.3.1. Company details
14.3.2. Financial outlook
14.3.3. Product summary
14.3.4. Recent developments
14.4. Abbott Saudi Arabia Trading LLC
14.4.1. Company details
14.4.2. Financial outlook
14.4.3. Product summary
14.4.4. Recent developments
14.5. Pfizer Saudi Limited
14.5.1. Company details
14.5.2. Financial outlook
14.5.3. Product summary
14.5.4. Recent developments
14.6. Glaxo Saudi Arabia Limited
14.6.1. Company details
14.6.2. Financial outlook
14.6.3. Product summary
14.6.4. Recent developments
14.7. Glanbia Performance Nutrition Inc
14.7.1. Company details
14.7.2. Financial outlook
14.7.3. Product summary
14.7.4. Recent developments
14.8. The Archer-Daniels-Midland Company
14.8.1. Company details
14.8.2. Financial outlook
14.8.3. Product summary
14.8.4. Recent developments
14.9. ARKOPHARMA Laboratories
14.9.1. Company details
14.9.2. Financial outlook
14.9.3. Product summary
14.9.4. Recent developments
14.10. Bionova Lifesciences Pvt Ltd
14.10.1. Company details
14.10.2. Financial outlook
14.10.3. Product summary
14.10.4. Recent developments
14.11. OTHERS

15. Conclusion

16. List of Abbreviations

17. Reference Links

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is Saudi Arabia Dietary Supplements Market?

Saudi Arabia Dietary Supplements Market is projected to reach USD 1040.79 million by 2033, growing at a CAGR of 11.43% during the forecast period.

What is the growth rate of Saudi Arabia Dietary Supplements Market?

Saudi Arabia Dietary Supplements Market grew in market size from 2024. The Market is expected to reach USD 1040.79 million by 2033, at a CAGR of 11.43% during the forecast period.

What is the anticipated CAGR of Saudi Arabia Dietary Supplements Market during the forecast period?

Saudi Arabia Dietary Supplements Market CAGR of 11.43% during the forecast period.

How can I get a sample report on Saudi Arabia Dietary Supplements Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of Saudi Arabia Dietary Supplements Market?

Saudi Arabia Dietary Supplements Market size is USD 1040.79 million from 2024 to 2033.

Which segment is expected to lead Saudi Arabia Dietary Supplements Market?

Saudi Arabia Dietary Supplements Market Segment is Covered By Product Type, By Form, By Distribution Channel, By Application, By End User.

Which region is expected to have the highest market share in Saudi Arabia Dietary Supplements Market?

The Middle East region is anticipated to have the highest market share in Saudi Arabia Dietary Supplements Market.

Who are the key players in Saudi Arabia Dietary Supplements Market?

The key players in the market include Companies Covered 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, Bionova Lifesciences Pvt Ltd.

What is the conclusion of Saudi Arabia Dietary Supplements Market?

The Middle East has seen an increase in consumer healthcare product sales, which is expected to continue during the projected period. Healthcare spending has increased in many nations over the last decade or two, and Saudi Arabia is following suit, thanks to greater health awareness and lifestyle changes among its citizens.