Saudi Arabia Dietary Supplements Market Size & Outlook
Saudi Arabia dietary supplements market, 2018-2030 (US$M)
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Saudi Arabia dietary supplements market highlights
- The Saudi Arabia dietary supplements market generated a revenue of USD 876.4 million in 2023 and is expected to reach USD 1,870.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating ingredient in 2023.
- Protiens & Amino Acids is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Dietary supplements market data book summary
| Market revenue in 2023 | USD 876.4 million |
| Market revenue in 2030 | USD 1,870.7 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Protiens & Amino Acids |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global dietary 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 dietary supplements market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,870.7 million by 2030.
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Dietary Supplements Market Scope
Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia dietary 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 dietary supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 30.6% in 2023. Horizon Databook has segmented the Saudi Arabia 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 proliferation of the internet, coupled with rising awareness about the health benefits of dietary supplements, has been favoring market growth. Noticing a growing demand for these supplements in the country, manufacturers in Saudi Arabia are mainly targeting children and elderly consumers (above the age of 65).
In addition, the prevalence of chronic diseases such as obesity, diabetes, and cardiovascular disease in Saudi Arabia has created a greater demand for dietary supplements. People are turning to supplements to manage these health conditions and support overall well-being. In addition, healthcare professionals often recommend specific supplements as part of treatment plans, further fueling market growth.
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Target buyers of Saudi Arabia dietary supplements market databook
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Our clientele includes a mix of dietary 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia dietary supplements market size, by ingredient, 2018-2030 (US$M)
Saudi Arabia Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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