Middle East & Africa Vegan Supplements Market Size & Outlook
Middle East & Africa vegan supplements market, 2018-2030 (US$M)
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MEA vegan supplements market highlights
- The MEA vegan supplements market generated a revenue of USD 378.9 million in 2023.
- The market is expected to grow at a CAGR of 8.8% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 378.9 million |
| Market revenue in 2030 | USD 682.2 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins & minerals |
| Fastest growing segment | Protein Supplements |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 4.5% of the global vegan supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,846.6 million by 2030.
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Vegan Supplements Market Scope
Vegan Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 35.29% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Reasons to subscribe to Middle East & Africa vegan supplements market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa vegan supplements market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa vegan supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA vegan supplements market report size, by country, 2018-2030 (US$M)
Middle East & Africa Vegan Supplements Market Share, 2023 & 2030 (US$M)
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