UAE Nutritional Supplements Market
UAE Nutritional Supplements Market Size Set to Touch USD 3.7 Billion by 2029
Published | 10 October 2023
UAE nutritional supplements market is gaining traction because of the rising prevalence of lifestyle diseases and growing health consciousness among the people across the country.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE nutritional supplements market size at USD 1.93 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the UAE nutritional supplements market size to grow at a CAGR of 9.6% reaching a value of USD 3.67 billion by 2029. The changing consumer lifestyle, which is directly increasing the prevalence of different lifestyle-related disorders, is one of the major growth reasons for the market for nutritional supplements in the UAE. As a consequence, it is projected that growing health consciousness and at-home health trends as a result of the COVID-19 pandemic will proliferate the growth of the UAE nutritional supplements market during the forecast period.
UAE Nutritional Supplements Market – Overview
Nutritional supplements, often known as food supplements or dietary supplements, are products made to provide nutrients that may be lacking in the diet. Nutritional supplements can have positive effects on health if taken properly and under a doctor's supervision. Typically, they are consumed as pills, capsules, powders, or liquids. Nutritional supplements are not prescription drugs that can be used to treat illnesses or other conditions. These are full of nutrients that can be obtained from synthetic sources or from plant sources.
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UAE Nutritional Supplements Market
Segmental Information
UAE Nutritional Supplements Market – By Product Type
Based on product type, the UAE nutritional supplements market is segmented into sports nutrition, dietary supplements, fat burners, functional foods, and others. The dietary supplements segment holds the largest share of the UAE nutritional supplement market. These products are particularly rich in antioxidants and, therefore, help protect against diseases. The rising disposable income of UAE consumers is also fueling the demand for functional food in the country. However, dietary supplements also hold a substantial market share as they help maintain overall health.
Competitive Landscape
Major players operating in the UAE nutritional supplements market include Haleon Plc, Bayer Middle East, Nestlé SA, Vitabiotics Ltd, NOW Health Group, Inc., Iovate Health Sciences International Inc., Gulf Pharmaceutical Industries P.S.C., Ambrosial Nutrifood Ltd, Abbott Laboratories SA, and Pfizer International Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the UAE Nutritional Supplements Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Nutritional Supplements Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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Related Report
Publish Date: October 2023
A growing focus on the management and treatment of increasing prevalence of lifestyle diseases and health consciousness among the UAE population are expected to boost the growth of the UAE nutritional supplements market during the forecast period between 2023 and 2029.
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