Name: Saudi Arabia Supplements Market by Ingredient (Vitamins, Botanicals, Minerals, Proteins &amp; Amino Acids, Fibers &amp; Specialty Carbohydrates, Omega Fatty Acids, and Others), By Form (Tablets, Capsules, Soft gels, Powders, Gummies, Liquids, and Others), By Application, By End User and By Distribution Channel -Opportunities &amp; Forecast, 2020-2027
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Saudi Arabia Supplements Market by Ingredient (Vitamins, Botanicals, Minerals, Proteins & Amino Acids, Fibers & Specialty Carbohydrates, Omega Fatty Acids, and Others), By Form (Tablets, Capsules, Soft gels, Powders, Gummies, Liquids, and Others), By Application, By End User and By Distribution Channel -Opportunities & Forecast, 2020-2027

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Introduction to Saudi Arabia Supplements Market Research Report

A supplement is the substitute product which can be taken in the form of tablets, capsules, soft gels, powders, gummies, liquids, and others to nourish the body system with adequate nutrients supply in the body stream. Supplements are a rich source of essential amino acids, vitamins, fibers, minerals, and fatty acids that will enhance the overall growth and development of an individual. It helps to improve muscular strength, overall physical performance, and endurance power for the athletes in sports activities. In addition, supplement help to fulfill the nutritional deficiencies such as potassium, Vitamin D, and calcium due to deficit consumption in the fruits, vegetables, dairy, or meat products and minimize the inflammations. It eliminates the toxic chemical constituents caused by the stress, food toxins, xenoestrogens, and industrial solvents. For instance, collagen protein is extracted from the chicken and fish traits that are essential for the growth of the bones, skin, and muscles.

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Key Saudi Arabia Supplements Market Drivers

Major factors driving the Saudi Arabia supplement market are growing prevalence of lifestyle related diseases such as obesity, rise in working class population and increasing consumers inclination towards adopting healthy lifestyles. As per International Diabetes Federation’s (IDF) report, the number of people living with diabetes in Saudi Arabia is expected to almost double between the period 2021 to 2045 to reach 7.537.3 million by 2045. In addition, the number of obesity cases and cardiovascular diseases has increased significantly in recent years. More than 30% of the population aged above 18, is at risk of cardiovascular diseases and this figure will add more 48,000 people by 2035. As the prevalence of such chronic disease are increasing, consumers are becoming conscious about their health and increasingly using supplements to improve their health, which is driving supplements market in Saudi Arabia.

Rising disposable income, increasing penetration of social media platforms, growing geriatric population and government programmes related to health awareness, are some of the factors accelerating the market growth. However, the growing acceptance of organic foods may hamper the growth of the Saudi Arabia dietary supplement market in the upcoming years.

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Based on the ingredient, the Saudi Arabia supplement market is segmented into vitamins, botanicals, minerals, proteins & amino acids, fibers & specialty carbohydrates, omega fatty acids, and others. The vitamins ingredient segment is anticipated to grow at a higher CAGR in the Saudi Arabia supplement market attributed to its increasing usage in the formation of dietary supplements driven by the ability to be easily excretion by the kidneys. Furthermore, the growing demand for the herbs, which can help in preventing physical and mental disorders, is further propelling the segment’s growth.

Based on the form, the Saudi Arabia supplement market is segmented into tablets, capsules, soft gels, powders, gummies, liquids, and others. The tablets segment is projected to dominate the Saudi Arabia supplement market due to the easy packaging techniques and cost-effectiveness. In addition, tablets are gaining traction in Saudi Arabia supplements market owing to its higher shelf life and easy material packaging.

Based on the application, the Saudi Arabia supplement market is segmented into energy & weight management, general health, bone & joint health, gastrointestinal health, immunity, cardiac health, diabetes, anti-cancer, and others. Energy & weight management segment is expected to witness a higher CAGR attributed to growing popularity of online weight loss programs and government programs for healthy food habits. Additionally, increasing prevalence of obesity, arthritis, joint pain, diabetes, and heart diseases in the society and rising awareness amongst consumers about the benefits of plant-extracts drugs, are fuelling the segment’s growth.

Based on the end-user, the Saudi Arabia supplement market is segmented into adults, geriatric, pregnant women, children, and infants. Adults segment is projected to grow at a higher CAGR in the Saudi Arabia supplement market due to the growing awareness regarding fat reduction and increasing demand for healthy & nutritious food products among consumers. Moreover, pregnant women in Saudi Arabia are increasingly consuming supplements to meet the nutritional requirement, which is positively impacting the market’s growth.

Based on the distribution channel, the OTC distribution channel is anticipated to lead the Saudi Arabia supplement market owing to the growing demand for skin health, digestive health, and personal care among consumers.

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Various notable players operating in the market include Abbott Laboratories, Amway, Bionova Lifesciences, Bayer AG, Pfizer Inc., Archer Daniels Midland, Arkopharma Laboratoires Pharmaceutiques, Glanbia plc, GlaxoSmithKline, and Herbalife International, among others.

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Key Developments:

- In August 2019, GSK has joint ventured with the Pfizer to expand the portfolio of the consumer healthcare brands such as GSK’s Sensodyne, Voltaren and Panadol, and Pfizer’s Advil, Centrum and Caltrate. Through this joint venture, the company aimed to build stronger sales, support to the earnings, and cash flow in the healthcare business.
- In November 2017, Jamjoom Pharmaceuticals Co., launched its new dietary supplement product Veratol in Jeddah and Riyadh.

The Saudi Arabia Supplements market has been segmented based on ingredient, form, application, end-user and distribution channel. Based on the ingredient, the market is segmented vitamins, botanicals, minerals, proteins & amino acids, fibers & specialty carbohydrates, omega fatty acids, and others. Based on form, the market is segmented into tablets, capsules, soft gels, powders, gummies, liquids, and others. Based on the application, the market is segmented into energy & weight management, general health, bone & joint health, gastrointestinal health, immunity, cardiac health, diabetes, anti-cancer, and others. Based on end user, the market is segmented into adults, geriatric, pregnant women, children, and infants. Based on the distribution channel, the market is segmented into OTC and prescribed.

Key questions answered in this research report:

- At what pace is Saudi Arabia supplements the market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in the Saudi Arabia supplements market? What will be the impact of drivers and restraints in the future?
- What are the various application areas of the Saudi Arabia supplements and how they are poised to grow?
- Which Ingredient generated maximum revenues in 2019 and identify the most promising Ingredient during the forecast period?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Ingredient, By Form, By Application, By End User, By Distribution Channel
Regional Coverage	Saudi Arabia
Companies Profiled	Abbott Laboratories, Amway, GlaxoSmithKline, Bayer, Pfizer Inc., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation