The Wave of Health Consciousness Bolstering the Nutraceutical Industry in UAE

The UAE Nutraceuticals Market Analysis, 2022, by Markntel Advisors, presents a well-researched, detail-driven, and accurate study for the stakeholders. This analysis entails prominent aspects like trends, & recent developments, drivers, opportunities, challenges, & restraints, among other parameters, influencing the overall industry expansion across UAE

According to the UAE Nutraceuticals Market Research Report: Forecast (2022-2027), "The CAGR of Nutraceuticals Market in UAE is projected to grow at around 6.96% during the forecast period, i.e., 2022-27. The adoption of a sedentary lifestyle, including improper and unhealthy diet, along with widespread obesity in the region, had led to an increase in health consciousness, which resulted in the need for alternatives and solutions to fulfill nutritional needs.

This increasing health consciousness, with a rising number of nutritionists and wellness coaches, fueled the demand for nutraceuticals in UAE. In addition, the government initiatives to promote health & wellness have further accelerated the growth of the UAE nutraceutical industry."

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Segmentation Analysis

The UAE Nutraceuticals Market is highly fragmented and comprises various bifurcations. These sections cover information on opportunities & challenges faced by the players, fluctuations in the demand, supply, revenue generation, size, sales, profits, volume, & price, among other parameters, to help stakeholders attain an overview of the external factors influencing the industry expansion. The market bifurcates into the following segmentations:

By Product Type

-Dietary Supplements

--Proteins & Peptides

--Vitamins & Minerals

--Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, And Phytochemicals)

--Others (Fatty Acids and Fiber)

-Functional Foods

--Probiotics Fortified Food

--Omega Fatty Acid Fortified Food

--Branded Ionized Salt

--Branded Wheat Flour

--Others (Fortified Rice, Infant Formula, etc.)

-Functional Beverages

--Fruit & Vegetable Juices and Drinks

--Dairy & Dairy Alternative Drinks

--Non-Carbonated Drinks (Bottled Water, Tea, And Coffee)

--Other (Herbal Tea, Sports Drinks, And Energy Drinks)

By Source

-Plant

-Animal

-Microbial

By Form

-Tablets & Capsules

-scummy & Soft Gels

-Powder & Liquid

By Sales Channel

-Offline Store-Based

--Supermarkets & Hypermarkets

--Specialty Stores

-Online

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Dietary Supplements to Garner the Maximum Attention, Among Other Product Types

"In the product segment, dietary supplements took a significant share of the nutraceuticals market in the historical period and are expected to continue to fuel further industry growth. The nutritional supplements offering high protein, vitamin, and fiber content and helping overcome health-related issues such as diabetes, hypertension, and cardiovascular diseases, etc. augment the demand for them. Moreover, the rising occurrence of chronic pain further accelerated the need for a source of nutrition through dietary supplements," states the research report by Markntel Advisors.

Competitive Analysis

The research report comprises an exhaustive analysis of the key players operating in the industry and their role in the expansion by rigorously profiling each company operating in the industry; it offers insights to the stakeholders about the competition and allows them to strategize their tactics using the data put together.

The prominent players profiled in the report include Pfizer Inc., Bayer Middle East F.Z.E., Vitabiotics Ltd., Nestlé UAE L.L.C., Danone, BASF FZE, PepsiCo Inc., General Mills Inc., Nature's Way Products, LLC., Abbott Laboratories S.A., and Others. In addition, this information comprises the recent developments, mergers & acquisitions, product/service launches, expansion plans, & opportunities utilized to attain revenue, alongside the role & participation of the governments and more.

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Customization Services

To avail of exciting offers & customization services on the report, reach out to Markntel Advisors and get a personalized analysis of the UAE Nutraceuticals Market. Out researchers compile data for the stakeholders, incorporating all the prominent aspects influencing the industry expansion alongside the particular chapters requested. This detail-driven, unbiased, and accurate data on grounds curating the fundamentals underlying the market potential & lucrative opportunities shall benefit the investors in numerous ways in the future.

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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