Middle East & Africa Probiotics Dietary Supplements Market Size & Outlook
Middle East & Africa probiotics dietary supplements market, 2018-2030 (US$M)
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MEA probiotics dietary supplements market highlights
- The MEA probiotics dietary supplements market generated a revenue of USD 451.6 million in 2023.
- The market is expected to grow at a CAGR of 18.2% from 2024 to 2030.
- In terms of segment, tablets & softgels was the largest revenue generating form in 2023.
- Chewables & Gummies is the most lucrative form segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 451.6 million |
| Market revenue in 2030 | USD 1,451.6 million |
| Growth rate | 18.2% (CAGR from 2023 to 2030) |
| Largest segment | Tablets & softgels |
| Fastest growing segment | Chewables & Gummies |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chewables & Gummies, Capsules, Powders, Tablets & Softgels |
| Key market players worldwide | DuPont de Nemours Inc, Symrise AG, Basf SE, Archer-Daniels Midland Co, Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, BioGaia AB Class B, GSK PLC, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.2% of the global probiotics dietary supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,451.6 million by 2030.
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Probiotics Dietary Supplements Market Scope
Probiotics Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa probiotics 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 probiotics dietary supplements market will help companies and investors design strategic landscapes.
Tablets & softgels was the largest segment with a revenue share of 40.79% in 2023. Horizon Databook has segmented the Middle East & Africa probiotics dietary supplements market based on chewables & gummies, capsules, powders, tablets & softgels covering the revenue growth of each sub-segment from 2018 to 2030.
Expanding health markets in MEA have prompted the growth of the MEA probiotic dietary supplements market. The market is principally driven by rising disposable incomes and increasing awareness among consumers regarding the health benefits of probiotic dietary supplements.
Transitioning demographics in this region, such as the rise of a young, working population, have been increased the spending on goods pertaining to health and well-being in the country.
Clean label & natural products are also being consumed at a significant rate as consumers realize the benefits of such products, as compared to others containing artificial additives.
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Our clientele includes a mix of probiotics 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa probiotics dietary supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa probiotics dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA probiotics dietary supplements market size, by country, 2018-2030 (US$M)
Middle East & Africa Probiotics Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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