Kuwait Vegan Supplements Market Size & Outlook, 2023-2030
Kuwait vegan supplements market, 2018-2030 (US$M)
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Kuwait vegan supplements market highlights
- The Kuwait vegan supplements market generated a revenue of USD 20.5 million in 2023 and is expected to reach USD 34.2 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, vitamins & minerals was the largest revenue generating ingredient in 2023.
- Protein Supplements is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Vegan supplements market data book summary
| Market revenue in 2023 | USD 20.5 million |
| Market revenue in 2030 | USD 34.2 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins & minerals |
| Fastest growing segment | Protein Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins & Minerals, Protein Supplements, Omega-3 Fatty Acids |
| Key market players worldwide | NOW Foods, Nordic Naturals, Nestle SA, Amazing Grass, Vega, Plantfusion, Orgain, Nutricost, NutraBlast, Deva Nutrition |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.2% of the global vegan 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 vegan supplements market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 94.0 million by 2030.
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Vegan Supplements Market Scope
Vegan Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait vegan 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 vegan supplements market will help companies and investors design strategic landscapes.
Vitamins & minerals was the largest segment with a revenue share of 35.12% in 2023. Horizon Databook has segmented the Kuwait vegan supplements market based on vitamins & minerals, protein supplements, omega-3 fatty acids covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Kuwait vegan supplements market databook
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Our clientele includes a mix of vegan 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 Kuwait vegan supplements market, including forecasts for subscribers. This country databook contains high-level insights into Kuwait vegan supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait vegan supplements market report size, by ingredient, 2018-2030 (US$M)
Kuwait Vegan Supplements Market Share, 2023 & 2030 (US$M)
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