Press release
GCC Nutraceuticals Market Size, Share, Demand, Growth and Its Emerging Opportunities by 2026
GCC Nutraceuticals Market is expected to grow at a CAGR of 9% during 2021-26. The market growth is attributed to surging preference for personalized food to cater to specific health benefits and increasing demand for customized nutrition.With towering healthcare costs, nutraceutical products provide a more cost-effective alternative to pharmaceuticals. The use of nutraceuticals brings a sense of self-care of health with less risk of adverse side-effects among the customers. Further, growing trend of gyms & fitness centers and rising health concern among the millennial population contributes to the growth of the nutraceutical market across the GCC nation.
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Market Outlook, Segmentation and Statistics
1. Impact of COVID-19 on GCC Nutraceuticals Market
2. Market Size & Analysis
2.1. By Revenue
3. Market Share & Analysis
3.1. By Product Type
3.1.1. Dietary Supplements
3.1.1.1. Proteins & Peptides
3.1.1.2. Vitamins & Minerals
3.1.1.3. Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, And Phytochemicals)
3.1.1.4. Others (Fatty Acids and Fibre)
3.1.2. Functional Foods
3.1.2.1. Probiotics Fortified Food
3.1.2.2. Omega Fatty Acid Fortified Food
3.1.2.3. Branded Ionized Salt
3.1.2.4. Branded Wheat Flour
3.1.2.5. Other
3.1.3. Functional Beverages
3.1.3.1. Fruit & Vegetable Juices and Drinks
3.1.3.2. Dairy & Dairy Alternative Drinks
3.1.3.3. Non-Carbonated Drinks (Bottled Water, Tea, And Coffee)
3.1.3.4. Other (Herbal Tea, Sports Drinks, And Energy Drinks)
3.2. By Source
3.2.1. Plant
3.2.2. Animal
3.2.3. Microbial
3.3. By Form
3.3.1. Capsules
3.3.2. Tablets, & Soft gels
3.3.3. Powder and Liquid & Gummies
3.4. By Distribution Channel
3.4.1. Store-Based
3.4.1.1. Supermarkets & Hypermarkets
3.4.1.2. Specialty Stores
3.4.1.3. Others
3.4.2. Non-Store-Based
3.5. By Country
3.5.1. UAE
3.5.2. Saudi Arabia
3.5.3. Bahrain
3.5.4. Oman
3.5.5. Qatar
3.5.6. Kuwait
3.6. By Competitors
3.6.1. Competition Characteristics
3.6.2. Market Share & Analysis
3.6.3. Competitive Metrix
4. GCC Nutraceuticals Market Hotspots & Opportunities
5. GCC Nutraceuticals Market Regulations & Policy
6. Key Strategic Imperatives for Success and Growth
7. GCC Competition Outlook
7.1. Competition Matrix
7.2. Company Profile
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Key Growth Drivers
• rising health concerns regarding lifestyle-related illnesses like obesity and diabetes across GCC nations.
• increasing application of nutraceuticals for treating malnutrition
• surging demand for safe & clean label products owing to the increased consumer awareness regarding health issues
• the snowballing inclination of people toward a healthy diet and burgeoning need for functional foods
Market Challenges
• increasing production costs of raw materials required for nutraceuticals restricting consumers’ purchase
• more demand than supply of quality nutraceutical products due to limited manufacturing plants
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Market Competitors:
Pfizer Inc, Bayer AG, Vitabiotics Ltd, Perrigo Company PLC, Nestlé SA, Danone, BASF S.A., PepsiCo Inc, General Mills, Almarai Co Ltd.
Key Questions Answered in this Report:
1. What are the current & future trends in the GCC Nutraceuticals Market?
2. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the GCC Nutraceuticals Market?
3. How has the industry been evolving in terms of geography & services adoption?
4. How has the competition been shaping across GCC, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the GCC Nutraceuticals Market?
6. What are the customer orientation, purchase behavior, and expectations from nutraceutical providers across the GCC region?
7. What are the country-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the GCC Nutraceuticals Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the GCC Nutraceuticals Market based on a competitive benchmarking matrix?
10. What are the key results derived from the surveys conducted during the GCC Nutraceuticals Market study?
MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: sales@marknteladvisors.com
Tel: +1 604 800 2671
Website: https://www.marknteladvisors.com
About us:
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.
We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.
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