Market Insights
As per recent research by MarkNtel Advisors, The UAE Nutraceuticals Market is projected to grow at a CAGR of around 6.96% during the forecast period, i.e., 2022-27.
Key Driver: Burgeoning Lifestyle Disorders to Drive the Market Growth
The 'Rich' lifestyle of the UAE residents has led to mild to severe health problems such as poor gut health to chronic diseases. Further, the prevalence of lifestyle diseases such as obesity, diabetes, etc., is primarily the result of extensive consumption of packaged & junk food. Moreover, the high calorific packaged food & beverages combined with least to no physical activity has been the main factor for the increasing lifestyle disorders in the country. Nonetheless, the increasing awareness about a healthy lifestyle, rising inclusion of nutritional supplements for immunity building, improving internal organ functions, etc., have driven the integration of nutraceutical products in the daily lifestyle of the population.
Similarly, the rising inclination toward a healthy lifestyle as well as increased physical activities among the country's population to reduce the prevalence of non-communicable diseases, including overweight, obesity, cardiovascular diseases, etc., is expected to increase the consumption of nutraceutical supplements during the forecast period.
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Market Segmentation and Consumer Behavior:
- By Product Type
- Dietary Supplements
- Proteins & Peptides
- Vitamins & Minerals
- Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, And Phytochemicals)
- Others (Fatty Acids and Fiber)
- Functional Foods
- Probiotics Fortified Food
- Omega Fatty Acid Fortified Food
- Branded Ionized Salt
- Branded Wheat Flour
- Others (Fortified Rice, Infant Formula, etc.)
- Functional Beverages
- Fruit & Vegetable Juices and Drinks
- Dairy & Dairy Alternative Drinks
- Non-Carbonated Drinks (Bottled Water, Tea, And Coffee)
- Other (Herbal Tea, Sports Drinks, And Energy Drinks)
- By Source
- Plant
- Animal
- Microbial
- By Form
- Tablets & Capsules
- Gummies & Soft Gels
- Powder & Liquid
- By Sales Channel
- Offline Store-Based
- Supermarkets & Hypermarkets
- Specialty Stores
- Online
- Offline Store-Based
- Dietary Supplements
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UAE Nutraceuticals Market Geographical Analysis:
By Region:
- Dubai
- Al Ain & Abu Dhabi
- Sharjah & Northern Emirate
Key Players and Competitive Strategies in the UAE Nutraceuticals Market
Several prominent players dominate the UAE Nutraceuticals Market, including:
- Pfizer Inc.
- Bayer Middle East FZE
- Vitabiotics Ltd.
- Nestlé UAE L.L.C.
- Danone
- BASF FZE
- PepsiCo Inc.
- General Mills Inc.
- Nature's Way Products, LLC.
- Abbott Laboratories S.A.
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Questions Addressed in this Study
1.What factors are driving the UAE Nutraceuticals Market growth?
2.How is the UAE Nutraceuticals Market expected to grow over the next five years?
3.What are the key insights into the current trends in the UAE Nutraceuticals Market?
4.What is the current size of the UAE Nutraceuticals Market, and how is it projected to change in the future?
6.What is the future outlook for the UAE Nutraceuticals Market in terms of technological advancements and market expansion?
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