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Saudi Arabia Dietary Supplements Market Gears Up for a 8.0% CAGR Ride in 2023-28

Saudi Arabia Dietary Supplements Market

Market Overview: Saudi Arabia Dietary Supplements Market

According to MarkNtel Advisors, the Saudi Arabia Dietary Supplements Market By Ingredients (Botanicals, Vitamins, Minerals, Proteins & Amino Acids, Omega Fatty Acids, Fibers & Specialty Carbohydrates, Others), By Form (Tablets, Capsules, Soft gels, Powders, Gummies, Liquids, Others), By Application (Energy & Weight Management, General Health, Bone & Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others) (2023-28). The comprehensive market analysis contains various aspects, including market size, regional market share, historical market trends, and future forecasts from 2023-28. The study outlines the prevailing drivers, restraints, unmet needs, and emerging trends within the market.

Saudi Arabia Dietary Supplements Market Insights: 2023-28

The Saudi Arabia Dietary Supplements Market is expected to grow at a CAGR of around 8.0% during the forecast period, i.e., 2023-28.

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Industry Driver:

Rising Health Concerns Among People – With the rapidly growing geriatric population and the mounting prevalence of lifestyle-related diseases, people in Saudi Arabia are becoming more & more focused on health-benefiting products like supplements, i.e., the primary aspect expected to drive the Dietary Supplements Market in the country during 2023-28. Moreover, the emerging trend of healthy aging is another crucial factor encouraging the adoption of dietary supplements among consumers as the body’s physical health starts declining at around 30 years of age, the root cause of which is the deficiency of vitamins & minerals. Hence, these aspects are set to boost the Saudi Arabia Dietary Supplements Market over the forecast years.

Saudi Arabia Dietary Supplements Market Segmentation:

The study conducts an in-depth analysis of existing designs and other fundamental features, estimating market size with a focus on value share, price, and production. The report also provides insights into application overviews based on consumption patterns. Leveraging Porter’s five forces analysis, the report offers predictive insights into how the industry is poised to evolve. The prominent segments in the market are,

-By Ingredients

  • Botanicals
  • Vitamins
  • Minerals
  • Proteins & Amino Acids
  • Omega Fatty Acids
  • Fibers & Specialty Carbohydrates
  • Others

-By Form

  • Tablets
  • Capsules
  • Soft gels
  • Powders
  • Gummies
  • Liquids
  • Others

-By Application

  • Energy & Weight Management
  • General Health
  • Bone & Joint Health
  • Gastrointestinal Health
  • Immunity
  • Cardiac Health
  • Diabetes
  • Anti-Cancer
  • Others

-By End-User

  • Adults
  • Geriatric
  • Pregnant Women
  • Children
  • Infants

-By Distribution Channel

  • OTC
  • Prescribed

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Saudi Arabia Dietary Supplements Market Landscape for Competitors

A thorough examination of competitors is conducted, delving into market share, noteworthy developments, and crucial business strategies. Also, the research examines current breakthroughs, significant advancements, and pertinent details about start-ups in the industry. The report provides a rich repository of information on market entry strategies, the regulatory landscape, and reimbursement scenarios. The key players 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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Frequently Asked Questions Saudi Arabia Dietary Supplements Market

  1. What is the expected market share, CAGR, and Market valuation in USD for the forecast period, 2023-28?
  2. How do supply and consumption factors contribute to the Saudi Arabia Dietary Supplements Market landscape?
  3. How do import and export considerations impact the Saudi Arabia Dietary Supplements Industry?
  4. What obstacles do businesses encounter in the Saudi Arabia Dietary Supplements Market, and how can they leverage opportunities within it?
  5. What regulatory factors play a role in shaping the Saudi Arabia Dietary Supplements Market?
  6. In what ways has technology impacted the overall landscape of the Saudi Arabia Dietary Supplements Market?

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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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