Saudi Arabia Dietary Supplements Markets, Competition, Forecast & Opportunities, 2026: Focus on Combination Dietary Supplement, Vitamin, Herbal Supplement - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Saudi Arabia Dietary Supplements Market, By Product Type, (Combination Dietary Supplement, Vitamin, Herbal Supplement, and Others), By Form, By Distribution Channel, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2026F" report has been added to ResearchAndMarkets.com's offering.
The Saudi Arabia Dietary Supplements Market is expected to reach USD 366.94 million by 2026, growing at CAGR of 8.04% until 2026.
Rising millennial working population, increasing disposable income, rising health expenditure and changing lifestyle are the major drivers for the growth of the Saudi Arabia Dietary Supplements Market.
Furthermore, increasing number of young adults and working population, increasing product innovation, health campaign initiatives by the government, etc. are some other factors that are fueling the country's dietary supplements market. The growing digital and social media penetration, combined with rising penetration of smartphones have led to an increasing awareness and aspirations for latest trends in the product offerings.
The healthcare industry contributes significantly to the overall economy. The cost of healthcare in Saudi Arabia is increasing significantly due to higher per-capita out-of-pocket healthcare expenditures and the prevalence of communicable and non-communicable diseases. Consumption of dietary supplements has increased as a result of these trends.
The Ministry of Health has established certain dietary guidelines for the Saudi population, such as calorie balance, dietary fiber intake, and so on, with the goal of increasing individuals' understanding of what they should eat in terms of both the type and quantity of food they consume, as well as their daily nutritional requirements and proportions (for all age groups), thereby lowering the risk of nutrition-related diseases.
The Saudi Arabia Dietary Supplements Market is categorized into by product type, by form, by distribution channel, by application, by end-user, by region and by company. In terms of product type, the Saudi Arabia Dietary Supplements Market is segmented into combination dietary supplement, vitamin, herbal supplement, fish oil & omega fatty acid, protein and others.
Among which, combination dietary supplements market accounted for more than 32% of the market share in the country's dietary supplements market in 2020 and this segment is expected to continue its dominance over the forecast period on account of maintaining good health and compensating for poor eating habits and even reducing the risk of chronic diseases.
In terms of region, the Saudi Arabia Dietary Supplements Market is categorized into Western, Central, Southern, Eastern and Northern region respectively. Western region was the dominant region in the Saudi Arabia Dietary Supplements Market in 2020 followed by Central region and is expected to maintain its dominance in the forecast period due to increased internet connectivity, modern and changing lifestyles and preferences, rising per capita income, and growing urban population, etc.
Some of the major players operating 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, etc.
Report Scope:
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021E
- Forecast Period: 2022F-2026F
Saudi Arabia Dietary Supplements Market, By Product Type:
- Combination Dietary Supplement
- Vitamin
- Herbal Supplement
- Fish Oil & Omega Fatty Acid
- Protein
- Others
Saudi Arabia Dietary Supplements Market, By Form:
- Tablets
- Capsules
- Powder
- Liquids
- Soft Gels
Saudi Arabia Dietary Supplements Market, By Distribution Channel:
- Pharmacies and Drug Stores
- Supermarkets and Hypermarkets
- Online
- Others
Saudi Arabia Dietary Supplements Market, By Application:
- Energy & Weight Management
- General Health
- Bone & Joint Health
- Immunity
- Others
Saudi Arabia Dietary Supplements Market, By End-User:
- Infants
- Children
- Adults
- Pregnant Females
- Geriatric
Saudi Arabia Dietary Supplements Market, By Region:
- Western
- Central
- Southern
- Eastern
- Northern
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Dietary Supplements Market.
- 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
For more information about this report visit https://www.researchandmarkets.com/r/q5zuw3
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