UAE Vitamin Supplements Market Size & Outlook, 2022-2030
UAE vitamin supplements market, 2017-2030 (US$M)
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UAE vitamin supplements market highlights
- The UAE vitamin supplements market generated a revenue of USD 153.7 million in 2022 and is expected to reach USD 291.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, multivitamin was the largest revenue generating type in 2022.
- Multivitamin is the most lucrative type segment registering the fastest growth during the forecast period.
Vitamin supplements market data book summary
| Market revenue in 2022 | USD 153.7 million |
| Market revenue in 2030 | USD 291.4 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Multivitamin |
| Fastest growing segment | Multivitamin |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multivitamin, Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K |
| Key market players worldwide | Glanbia PLC, Pfizer Inc, Bayer AG, Amway Malaysia Holdings, GlaxoSmithKline, Nestle SA, NOW Foods, Abbott Laboratories, Herbalife Ltd, Natures Sunshine Products Inc, Nu Skin Enterprises Inc Class A, Pharmavite, Good Health, RBK Nutraceuticals |
Other key industry trends
- In terms of revenue, UAE accounted for 0.3% of the global vitamin supplements market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa vitamin 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 291.4 million by 2030.
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Vitamin Supplements Market Scope
Vitamin Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE vitamin 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 vitamin supplements market will help companies and investors design strategic landscapes.
Multivitamin was the largest segment with a revenue share of 49.19% in 2022. Horizon Databook has segmented the UAE vitamin supplements market based on multivitamin, vitamin a, vitamin b, vitamin c, vitamin d, vitamin e, vitamin k covering the revenue growth of each sub-segment from 2017 to 2030.
The vitamin supplements market in UAE is witnessing high demand for vitamin supplements owing to favorable product launches and partnerships and rising awareness towards vitamin supplements among consumers in the country.
This strategic collaboration with Aster, a highly recognized and dominant presence in the UAE and the foremost pharmacy chain throughout the Gulf Cooperation Council (GCC) region, signifies a significant milestone.
Aster boasts an extensive network of more than 250 pharmacies, offering a diverse array of healthcare, nutritional, lifestyle, and wellness products. Notably, Aster has also taken the lead in launching the UAE's inaugural online pharmacy platform.
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Target buyers of UAE vitamin supplements market databook
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Our clientele includes a mix of vitamin 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 UAE vitamin supplements market , including forecasts for subscribers. This country databook contains high-level insights into UAE vitamin supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UAE vitamin supplements market size, by type, 2017-2030 (US$M)
UAE Vitamin Supplements Market Outlook Share, 2022 & 2030 (US$M)
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