Saudi Arabia Bone And Joint Health Supplements Market Size & Outlook
Saudi Arabia bone and joint health supplements market, 2018-2030 (US$M)
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Saudi Arabia bone and joint health supplements market highlights
- The Saudi Arabia bone and joint health supplements market generated a revenue of USD 55.1 million in 2023 and is expected to reach USD 72.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating product in 2023.
- Glucosamine is the most lucrative product segment registering the fastest growth during the forecast period.
Bone and joint health supplements market data book summary
| Market revenue in 2023 | USD 55.1 million |
| Market revenue in 2030 | USD 72.6 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Glucosamine |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins, Minerals, Collagen, Omega-3, Glucosamine |
| Key market players worldwide | Herbalife Ltd, GNC, The Bountiful Company, Amway Malaysia Holdings, Basf SE, Bayer AG, Glanbia PLC, NOW Foods |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.4% of the global bone and joint health supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa bone and joint health supplements market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 74.7 million by 2030.
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Bone And Joint Health Supplements Market Scope
Bone And Joint Health Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia bone and joint health supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bone and joint health supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 40.29% in 2023. Horizon Databook has segmented the Saudi Arabia bone and joint health supplements market based on vitamins, minerals, collagen, omega-3, glucosamine covering the revenue growth of each sub-segment from 2018 to 2030.
Dietary supplement usage has significantly increased among the population of Saudi Arabia over the last two decades due to rise in focus on the importance of maintaining health and protection from diseases.
Increasing user engagement across various social media platforms, mainly Facebook, Instagram, and Snapchat, has led to the emergence of several social media influencers in the dietary supplements market in Saudi Arabia.
Thus, these platforms play a prominent role in increasing awareness about use of supplements among men & women in Saudi Arabia. Vitamin D is required for retaining and maintaining levels of calcium in the body and, thus, for maintaining strong bones.
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Target buyers of Saudi Arabia bone and joint health supplements market databook
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Our clientele includes a mix of bone and joint health supplements market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia bone joint health supplements market report size, by product, 2018-2030 (US$M)
Saudi Arabia Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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