
Saudi Arabia Dietary Supplements Market Report and Forecast 2023-2031
- July 26, 2023
- Expert Market Research
- 120
Saudi Arabia Dietary Supplements Market Report and Forecast 2023-2031
Abstract
Saudi Arabia Dietary Supplements Market Report and Forecast 2023-2031
Saudi Arabia Dietary Supplements Market Outlook
The Saudi Arabia dietary supplements market was valued at USD 289.8 million in 2022, driven by the increasing health consciousness among consumers across the globe. The market size is anticipated to grow at a CAGR of 9.60% during the forecast period of 2023-2031 to achieve a value of USD 658.9 million by 2031.
Saudi Arabia Dietary Supplements: Introduction
The market for dietary supplements in Saudi Arabia has witnessed significant growth in recent years. Dietary supplements are products that contain vitamins, minerals, herbs, or other botanicals, amino acids, enzymes, or other ingredients intended to supplement the diet. They are consumed to support overall health, fill nutrient gaps, or address specific health concerns.
The demand for dietary supplements in Saudi Arabia is driven by several factors. Firstly, there is an increasing awareness among the population about the importance of maintaining a healthy lifestyle and the role of dietary supplements in supporting overall wellness. Additionally, the rising prevalence of chronic diseases, such as obesity, diabetes, and cardiovascular diseases, has prompted individuals to seek dietary supplements as a means to manage their health.
Moreover, the growing interest in fitness and sports activities has led to a surge in demand for dietary supplements among athletes and fitness enthusiasts. These individuals often use supplements to enhance their performance, support muscle growth and recovery, and meet their nutritional needs.
Key Trends in the Saudi Arabia Dietary Supplements Market
Some key trends involved in the Saudi Arabia dietary supplements market are as follows:
•Growing Demand for Natural and Organic Supplements: There is a rising preference for natural and organic dietary supplements among consumers in Saudi Arabia. They are seeking products that are free from artificial additives, GMOs, and synthetic ingredients. Manufacturers are responding to this trend by offering a wide range of natural and organic dietary supplements to cater to consumer preferences.
•Focus on Personalized Nutrition: Consumers are increasingly looking for personalized nutrition solutions that are tailored to their specific needs and health goals. This trend has led to the development of customized dietary supplements that address individual nutritional deficiencies and support targeted health outcomes.
•E-Commerce and Online Sales Channels: The rise of e-commerce platforms and online sales channels has transformed the way dietary supplements are purchased in Saudi Arabia. Consumers now have convenient access to a wide range of products, with the option to compare prices, read reviews, and make informed purchasing decisions. Online sales have witnessed significant growth, enabling consumers to order dietary supplements from the comfort of their homes.
•Regulatory Developments: The Saudi Food and Drug Authority (SFDA) has implemented regulations to ensure the safety, quality, and efficacy of dietary supplements in the market. These regulations aim to protect consumer health and provide guidelines for manufacturers and distributors. Compliance with these regulations is becoming increasingly important for market players.
Saudi Arabia Dietary Supplements Market Segmentations
Market Breakup by Product Type
•Vitamin
•Combination Dietary Supplement
•Protein
•Herbal Supplement
•Fish Oil and Omega Fatty Acid
•Others
Market Breakup by Form
•Capsules
•Tablets
•Powder
•Soft Gels
•Liquid
Market Breakup by Application
•Immunity
•General Health
•Energy and Weight Management
•Bone and Joint Health
•Others
Market Breakup by Distribution Channel
•Pharmacies and Drug Stores
•Online
•Supermarkets and Hypermarkets
•Others
Market Breakup by End User
•Adults
•Geriatric
•Pregnant Females
•Children
•Infants
Market Breakup by Region
•Northern and Central
•Western
•Southern
•Eastern
Saudi Arabia Dietary Supplements Market Overview
The market for dietary supplements in Saudi Arabia is experiencing steady growth, driven by factors such as increasing health consciousness among consumers, a rising prevalence of chronic diseases, and a growing interest in fitness and sports activities. Dietary supplements are products that are taken orally and contain vitamins, minerals, herbs, or other ingredients intended to supplement the diet and support overall health.
Saudi Arabia has witnessed a shift in consumer behaviour, with individuals becoming more proactive in managing their health and seeking ways to enhance their well-being. This has led to a growing demand for dietary supplements as a means to fill nutrient gaps, support specific health concerns, and promote overall wellness.
Overall, the dietary supplements market in Saudi Arabia is witnessing a shift towards natural and organic products, personalized nutrition solutions, e-commerce sales channels, and stricter regulatory standards. As consumers continue to prioritize their health and well-being, the demand for dietary supplements is expected to grow, presenting opportunities for both domestic and international manufacturers in the market.
Saudi Arabia Dietary Supplements Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
•Bayer Saudi Arabia, LLC
•Procter & Gamble Company (Abudawood Group)
•Abbott Saudi Arabia Trading LLC
•Pfizer Saudi Limited
•Nestlé S.A. (Al Muhaidib Group)
•Applied Nutrition Ltd. (AmCan International Group, Inc)
•ARKOPHARMA Laboratories Co. Ltd. (Bashir Skakib Al – Jabri & Co. Ltd.)
•Glanbia Performance Nutrition, Inc. (Amcan International Group)
•Vitabalans Oy
•Vytaloy wellness
•Glaxo Saudi Arabia Limited
•The Archer-Daniels-Midland Company
•Bionova Lifesciences Pvt. Ltd.
Content
Table of Contents
1Preface
1.1Objectives of the Study
1.2Key Assumptions
1.3Report Coverage – Key Segmentation and Scope
1.4Research Methodology
2Executive Summary
3Saudi Arabia Dietary Supplements Market Overview
3.1Saudi Arabia Dietary Supplements Market Historical Value (2016-2022)
3.2Saudi Arabia Dietary Supplements Market Forecast Value (2023-2031)
4Saudi Arabia Dietary Supplements Market Dynamics
4.1Market Drivers and Constraints
4.2SWOT Analysis
4.3Porter’s Five Forces Model
4.4Key Demand Indicators
4.5Key Price Indicators
4.6Industry Events, Initiatives, and Trends
4.7Value Chain Analysis
5Saudi Arabia Dietary Supplements Market Segmentation
5.1Saudi Arabia Dietary Supplements Market by Product Type
5.1.1Market Overview
5.1.2Vitamin
5.1.3Combination Dietary Supplements
5.1.4Protein
5.1.5Herbal Supplements
5.1.6Fish Oil and Omega Fatty Acid
5.1.7Others
5.2Saudi Arabia Dietary Supplements Market by Form
5.2.1Market Overview
5.2.2Capsules
5.2.3Tablets
5.2.4Powder
5.2.5Soft Gels
5.2.6Liquid
5.3Saudi Arabia Dietary Supplements Market by Application
5.3.1Market Overview
5.3.2Immunity
5.3.3General Health
5.3.4Energy and Weight Management
5.3.5Bone and Joint Health
5.3.6Others
5.4Saudi Arabia Dietary Supplements Market by Distribution Channel
5.4.1Market Overview
5.4.2Pharmacies and Drug Stores
5.4.3Online
5.4.4Supermarkets and Hypermarkets
5.4.5Others
5.5Saudi Arabia Dietary Supplements Market by End User
5.5.1Market Overview
5.5.2Adults
5.5.3Geriatric
5.5.4Pregnant Females
5.5.5Children
5.5.6Infants
5.6Saudi Arabia Magnetic Resonance Imaging Market by Region
5.6.1Market Overview
5.6.2Northern and Central
5.6.3Western
5.6.4Southern
5.6.5Eastern
6Patent Analysis
6.1Analysis by Type of Patent
6.2Analysis by Publication year
6.3Analysis by Issuing Authority
6.4Analysis by Patent Age
6.5Analysis by CPC Analysis
6.6Analysis by Patent Valuation
6.7Analysis by Key Players
7Grants Analysis
7.1Analysis by year
7.2Analysis by Amount Awarded
7.3Analysis by Issuing Authority
7.4Analysis by Grant Application
7.5Analysis by Funding Institute
7.6Analysis by NIH Departments
7.7Analysis by Recipient Organization
8Funding Analysis
8.1Analysis by Funding Instances
8.2Analysis by Type of Funding
8.3Analysis by Funding Amount
8.4Analysis by Leading Players
8.5Analysis by Leading Investors
8.6Analysis by Geography
9Partnership and Collaborations Analysis
9.1Analysis by Partnership Instances
9.2Analysis by Type of Partnership
9.3Analysis by Leading Players
9.4Analysis by Geography
10Regulatory Framework
10.1Regulatory Overview
10.1.1US FDA
10.1.2EU EMA
10.1.3INDIA CDSCO
10.1.4JAPAN PMDA
10.1.5Others
11Supplier Landscape
11.1Bayer Saudi Arabia, LLC
11.1.1Financial Analysis
11.1.2Product Portfolio
11.1.3Demographic Reach and Achievements
11.1.4Mergers and Acquisitions
11.1.5Certifications
11.2Procter & Gamble Company (Abudawood Group)
11.2.1Financial Analysis
11.2.2Product Portfolio
11.2.3Demographic Reach and Achievements
11.2.4Mergers and Acquisitions
11.2.5Certifications
11.3Abbott Saudi Arabia Trading LLC
11.3.1Financial Analysis
11.3.2Product Portfolio
11.3.3Demographic Reach and Achievements
11.3.4Mergers and Acquisitions
11.3.5Certifications
11.4Pfizer Saudi Limited
11.4.1Financial Analysis
11.4.2Financial Portfolio
11.4.3Demographic Reach and Achievements
11.4.4Mergers and Acquisitions
11.4.5Certifications
11.5Nestlé S.A. (Al Muhaidib Group)
11.5.1Financial Analysis
11.5.2Product Portfolio
11.5.3Demographic Reach and Achievements
11.5.4Mergers and Acquisitions
11.5.5Certifications
11.6Applied Nutrition Ltd. (AmCan International Group, Inc)
11.6.1Financial Analysis
11.6.2Product Portfolio
11.6.3Demographic Reach and Achievements
11.6.4Mergers and Acquisitions
11.6.5Certifications
11.7ARKOPHARMA Laboratories Co. Ltd. (Bashir Skakib Al – Jabri & Co. Ltd.)
11.7.1Financial Analysis
11.7.2Product Portfolio
11.7.3Demographic Reach and Achievements
11.7.4Mergers and Acquisitions
11.7.5Certifications
11.8Glanbia Performance Nutrition, Inc. (Amcan International Group)
11.8.1Financial Analysis
11.8.2Product Portfolio
11.8.3Demographic Reach and Achievements
11.8.4Mergers and Acquisitions
11.8.5Certifications
11.9Vitabalans Oy
11.9.1Financial Analysis
11.9.2Product Portfolio
11.9.3Demographic Reach and Achievements
11.9.4Mergers and Acquisitions
11.9.5Certifications
11.10Vytaloy wellness
11.10.1Financial Analysis
11.10.2Product Portfolio
11.10.3Demographic Reach and Achievements
11.10.4Mergers and Acquisitions
11.10.5Certifications
11.11Glaxo Saudi Arabia Limited
11.11.1Financial Analysis
11.11.2Product Portfolio
11.11.3Demographic Reach and Achievements
11.11.4Mergers and Acquisitions
11.11.5Certifications
11.12The Archer-Daniels-Midland Company
11.12.1Financial Analysis
11.12.2Product Portfolio
11.12.3Demographic Reach and Achievements
11.12.4Mergers and Acquisitions
11.12.5Certifications
11.13Bionova Lifesciences Pvt. Ltd.
11.13.1Financial Analysis
11.13.2Product Portfolio
11.13.3Demographic Reach and Achievements
11.13.4Mergers and Acquisitions
11.13.5Certifications
12Saudi Arabia Dietary Supplements Market - Distribution Model (Additional Insight)
12.1Overview
12.2Potential Distributors
12.3Key Parameters for Distribution Partner Assessment
13Key Opinion Leaders (KOL) Insights (Additional Insight)
14Company Competitiveness Analysis (Additional Insight)
14.1Very Small Companies
14.2Small Companies
14.3Mid-Sized Companies
14.4Large Companies
14.5Very Large Companies
15Payment Methods (Additional Insight)
15.1Government Funded
15.2Private Insurance
15.3Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Saudi Arabia Dietary Supplements Market Outlook
The Saudi Arabia dietary supplements market was valued at USD 289.8 million in 2022, driven by the increasing health consciousness among consumers across the globe. The market size is anticipated to grow at a CAGR of 9.60% during the forecast period of 2023-2031 to achieve a value of USD 658.9 million by 2031.
Saudi Arabia Dietary Supplements: Introduction
The market for dietary supplements in Saudi Arabia has witnessed significant growth in recent years. Dietary supplements are products that contain vitamins, minerals, herbs, or other botanicals, amino acids, enzymes, or other ingredients intended to supplement the diet. They are consumed to support overall health, fill nutrient gaps, or address specific health concerns.
The demand for dietary supplements in Saudi Arabia is driven by several factors. Firstly, there is an increasing awareness among the population about the importance of maintaining a healthy lifestyle and the role of dietary supplements in supporting overall wellness. Additionally, the rising prevalence of chronic diseases, such as obesity, diabetes, and cardiovascular diseases, has prompted individuals to seek dietary supplements as a means to manage their health.
Moreover, the growing interest in fitness and sports activities has led to a surge in demand for dietary supplements among athletes and fitness enthusiasts. These individuals often use supplements to enhance their performance, support muscle growth and recovery, and meet their nutritional needs.
Key Trends in the Saudi Arabia Dietary Supplements Market
Some key trends involved in the Saudi Arabia dietary supplements market are as follows:
•Growing Demand for Natural and Organic Supplements: There is a rising preference for natural and organic dietary supplements among consumers in Saudi Arabia. They are seeking products that are free from artificial additives, GMOs, and synthetic ingredients. Manufacturers are responding to this trend by offering a wide range of natural and organic dietary supplements to cater to consumer preferences.
•Focus on Personalized Nutrition: Consumers are increasingly looking for personalized nutrition solutions that are tailored to their specific needs and health goals. This trend has led to the development of customized dietary supplements that address individual nutritional deficiencies and support targeted health outcomes.
•E-Commerce and Online Sales Channels: The rise of e-commerce platforms and online sales channels has transformed the way dietary supplements are purchased in Saudi Arabia. Consumers now have convenient access to a wide range of products, with the option to compare prices, read reviews, and make informed purchasing decisions. Online sales have witnessed significant growth, enabling consumers to order dietary supplements from the comfort of their homes.
•Regulatory Developments: The Saudi Food and Drug Authority (SFDA) has implemented regulations to ensure the safety, quality, and efficacy of dietary supplements in the market. These regulations aim to protect consumer health and provide guidelines for manufacturers and distributors. Compliance with these regulations is becoming increasingly important for market players.
Saudi Arabia Dietary Supplements Market Segmentations
Market Breakup by Product Type
•Vitamin
•Combination Dietary Supplement
•Protein
•Herbal Supplement
•Fish Oil and Omega Fatty Acid
•Others
Market Breakup by Form
•Capsules
•Tablets
•Powder
•Soft Gels
•Liquid
Market Breakup by Application
•Immunity
•General Health
•Energy and Weight Management
•Bone and Joint Health
•Others
Market Breakup by Distribution Channel
•Pharmacies and Drug Stores
•Online
•Supermarkets and Hypermarkets
•Others
Market Breakup by End User
•Adults
•Geriatric
•Pregnant Females
•Children
•Infants
Market Breakup by Region
•Northern and Central
•Western
•Southern
•Eastern
Saudi Arabia Dietary Supplements Market Overview
The market for dietary supplements in Saudi Arabia is experiencing steady growth, driven by factors such as increasing health consciousness among consumers, a rising prevalence of chronic diseases, and a growing interest in fitness and sports activities. Dietary supplements are products that are taken orally and contain vitamins, minerals, herbs, or other ingredients intended to supplement the diet and support overall health.
Saudi Arabia has witnessed a shift in consumer behaviour, with individuals becoming more proactive in managing their health and seeking ways to enhance their well-being. This has led to a growing demand for dietary supplements as a means to fill nutrient gaps, support specific health concerns, and promote overall wellness.
Overall, the dietary supplements market in Saudi Arabia is witnessing a shift towards natural and organic products, personalized nutrition solutions, e-commerce sales channels, and stricter regulatory standards. As consumers continue to prioritize their health and well-being, the demand for dietary supplements is expected to grow, presenting opportunities for both domestic and international manufacturers in the market.
Saudi Arabia Dietary Supplements Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
•Bayer Saudi Arabia, LLC
•Procter & Gamble Company (Abudawood Group)
•Abbott Saudi Arabia Trading LLC
•Pfizer Saudi Limited
•Nestlé S.A. (Al Muhaidib Group)
•Applied Nutrition Ltd. (AmCan International Group, Inc)
•ARKOPHARMA Laboratories Co. Ltd. (Bashir Skakib Al – Jabri & Co. Ltd.)
•Glanbia Performance Nutrition, Inc. (Amcan International Group)
•Vitabalans Oy
•Vytaloy wellness
•Glaxo Saudi Arabia Limited
•The Archer-Daniels-Midland Company
•Bionova Lifesciences Pvt. Ltd.
1Preface
1.1Objectives of the Study
1.2Key Assumptions
1.3Report Coverage – Key Segmentation and Scope
1.4Research Methodology
2Executive Summary
3Saudi Arabia Dietary Supplements Market Overview
3.1Saudi Arabia Dietary Supplements Market Historical Value (2016-2022)
3.2Saudi Arabia Dietary Supplements Market Forecast Value (2023-2031)
4Saudi Arabia Dietary Supplements Market Dynamics
4.1Market Drivers and Constraints
4.2SWOT Analysis
4.3Porter’s Five Forces Model
4.4Key Demand Indicators
4.5Key Price Indicators
4.6Industry Events, Initiatives, and Trends
4.7Value Chain Analysis
5Saudi Arabia Dietary Supplements Market Segmentation
5.1Saudi Arabia Dietary Supplements Market by Product Type
5.1.1Market Overview
5.1.2Vitamin
5.1.3Combination Dietary Supplements
5.1.4Protein
5.1.5Herbal Supplements
5.1.6Fish Oil and Omega Fatty Acid
5.1.7Others
5.2Saudi Arabia Dietary Supplements Market by Form
5.2.1Market Overview
5.2.2Capsules
5.2.3Tablets
5.2.4Powder
5.2.5Soft Gels
5.2.6Liquid
5.3Saudi Arabia Dietary Supplements Market by Application
5.3.1Market Overview
5.3.2Immunity
5.3.3General Health
5.3.4Energy and Weight Management
5.3.5Bone and Joint Health
5.3.6Others
5.4Saudi Arabia Dietary Supplements Market by Distribution Channel
5.4.1Market Overview
5.4.2Pharmacies and Drug Stores
5.4.3Online
5.4.4Supermarkets and Hypermarkets
5.4.5Others
5.5Saudi Arabia Dietary Supplements Market by End User
5.5.1Market Overview
5.5.2Adults
5.5.3Geriatric
5.5.4Pregnant Females
5.5.5Children
5.5.6Infants
5.6Saudi Arabia Magnetic Resonance Imaging Market by Region
5.6.1Market Overview
5.6.2Northern and Central
5.6.3Western
5.6.4Southern
5.6.5Eastern
6Patent Analysis
6.1Analysis by Type of Patent
6.2Analysis by Publication year
6.3Analysis by Issuing Authority
6.4Analysis by Patent Age
6.5Analysis by CPC Analysis
6.6Analysis by Patent Valuation
6.7Analysis by Key Players
7Grants Analysis
7.1Analysis by year
7.2Analysis by Amount Awarded
7.3Analysis by Issuing Authority
7.4Analysis by Grant Application
7.5Analysis by Funding Institute
7.6Analysis by NIH Departments
7.7Analysis by Recipient Organization
8Funding Analysis
8.1Analysis by Funding Instances
8.2Analysis by Type of Funding
8.3Analysis by Funding Amount
8.4Analysis by Leading Players
8.5Analysis by Leading Investors
8.6Analysis by Geography
9Partnership and Collaborations Analysis
9.1Analysis by Partnership Instances
9.2Analysis by Type of Partnership
9.3Analysis by Leading Players
9.4Analysis by Geography
10Regulatory Framework
10.1Regulatory Overview
10.1.1US FDA
10.1.2EU EMA
10.1.3INDIA CDSCO
10.1.4JAPAN PMDA
10.1.5Others
11Supplier Landscape
11.1Bayer Saudi Arabia, LLC
11.1.1Financial Analysis
11.1.2Product Portfolio
11.1.3Demographic Reach and Achievements
11.1.4Mergers and Acquisitions
11.1.5Certifications
11.2Procter & Gamble Company (Abudawood Group)
11.2.1Financial Analysis
11.2.2Product Portfolio
11.2.3Demographic Reach and Achievements
11.2.4Mergers and Acquisitions
11.2.5Certifications
11.3Abbott Saudi Arabia Trading LLC
11.3.1Financial Analysis
11.3.2Product Portfolio
11.3.3Demographic Reach and Achievements
11.3.4Mergers and Acquisitions
11.3.5Certifications
11.4Pfizer Saudi Limited
11.4.1Financial Analysis
11.4.2Financial Portfolio
11.4.3Demographic Reach and Achievements
11.4.4Mergers and Acquisitions
11.4.5Certifications
11.5Nestlé S.A. (Al Muhaidib Group)
11.5.1Financial Analysis
11.5.2Product Portfolio
11.5.3Demographic Reach and Achievements
11.5.4Mergers and Acquisitions
11.5.5Certifications
11.6Applied Nutrition Ltd. (AmCan International Group, Inc)
11.6.1Financial Analysis
11.6.2Product Portfolio
11.6.3Demographic Reach and Achievements
11.6.4Mergers and Acquisitions
11.6.5Certifications
11.7ARKOPHARMA Laboratories Co. Ltd. (Bashir Skakib Al – Jabri & Co. Ltd.)
11.7.1Financial Analysis
11.7.2Product Portfolio
11.7.3Demographic Reach and Achievements
11.7.4Mergers and Acquisitions
11.7.5Certifications
11.8Glanbia Performance Nutrition, Inc. (Amcan International Group)
11.8.1Financial Analysis
11.8.2Product Portfolio
11.8.3Demographic Reach and Achievements
11.8.4Mergers and Acquisitions
11.8.5Certifications
11.9Vitabalans Oy
11.9.1Financial Analysis
11.9.2Product Portfolio
11.9.3Demographic Reach and Achievements
11.9.4Mergers and Acquisitions
11.9.5Certifications
11.10Vytaloy wellness
11.10.1Financial Analysis
11.10.2Product Portfolio
11.10.3Demographic Reach and Achievements
11.10.4Mergers and Acquisitions
11.10.5Certifications
11.11Glaxo Saudi Arabia Limited
11.11.1Financial Analysis
11.11.2Product Portfolio
11.11.3Demographic Reach and Achievements
11.11.4Mergers and Acquisitions
11.11.5Certifications
11.12The Archer-Daniels-Midland Company
11.12.1Financial Analysis
11.12.2Product Portfolio
11.12.3Demographic Reach and Achievements
11.12.4Mergers and Acquisitions
11.12.5Certifications
11.13Bionova Lifesciences Pvt. Ltd.
11.13.1Financial Analysis
11.13.2Product Portfolio
11.13.3Demographic Reach and Achievements
11.13.4Mergers and Acquisitions
11.13.5Certifications
12Saudi Arabia Dietary Supplements Market - Distribution Model (Additional Insight)
12.1Overview
12.2Potential Distributors
12.3Key Parameters for Distribution Partner Assessment
13Key Opinion Leaders (KOL) Insights (Additional Insight)
14Company Competitiveness Analysis (Additional Insight)
14.1Very Small Companies
14.2Small Companies
14.3Mid-Sized Companies
14.4Large Companies
14.5Very Large Companies
15Payment Methods (Additional Insight)
15.1Government Funded
15.2Private Insurance
15.3Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
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