Market revenue in 2023 | USD 3,642.6 million |
Market revenue in 2030 | USD 7,152.5 million |
Growth rate | 10.1% (CAGR from 2023 to 2030) |
Largest segment | Vitamins |
Fastest growing segment | Protiens & Amino Acids |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Vitamins, Botanicals, Minerals, Protiens & Amino Acids, Fibers & Specialty Carbohydrates, Omega Fatty Acids |
Key market players worldwide | Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, Archer-Daniels Midland Co, Nu Skin Enterprises Inc Class A, GlaxoSmithKline, Herbalife Ltd, Natures Sunshine Products Inc, DuPont de Nemours Inc, Nestle SA, NOW Foods, RBK Nutraceuticals, Goodhealth |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 dietary supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 30.45% in 2023. Horizon Databook has segmented the Middle East & Africa dietary supplements market based on vitamins, botanicals, minerals, protiens & amino acids, fibers & specialty carbohydrates, omega fatty acids covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa market is anticipated to witness a growing demand for dietary supplements, which can be attributed to the expanding health industry in the region. The market is mainly driven by rising disposable incomes and increasing awareness among consumers regarding the health benefits of dietary supplements.
Transitioning demographics in the region, including the rise of the young & working population, have increased the spending on products related to health and well-being. Consumers are increasingly opting for clean labels and natural products. This trend is particularly eminent among white-collar employees, non-residential foreign returns, and expatriates working in the region.
Vitamin-based were among the most consumed products in the MEA dietary supplements market in 2022. Vitamin C, vitamin D, and multivitamin supplements are being increasingly consumed in this region owing to their ease of consumption as they are available in various forms, including lollipops, syrups, gummies, and chewables.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa dietary supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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