Nutritional supplements are goods that are intended to supplement or improve a person’s diet by offering vital nutrients that may be deficient in the diet or required in higher concentrations. These supplements are available in several forms, such as herbal remedies, minerals, vitamins, fatty acids, amino acids, and other botanicals. They can assist in filling in the nutritional gaps brought on by an unhealthful diet, certain medical problems, or excessive physical demands. For example, to preserve bone health, a person deficient in vitamin D may take a supplement.
According to SPER market research, ‘UAE Nutritional Supplements Market Size- By Age Group, By Type of Dietary Supplements, By Type of Herbal/Traditional Dietary Supplements, By Positioning of Dietary Supplements, By Type of Functional Foods, By Type of Dairy Products, By Type of Dairy Based Yoghurt, By Type of Soft Drinks, By Product Category, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the UAE Nutritional Supplements Market is predicted to reach USD XX billion by 2033 with a CAGR of XX%.
Drivers:
The nutritional supplement market in the United Arab Emirates is expanding significantly due to a number of important factors. First, there is a growing consumer health consciousness driven by a desire for improved general well-being and a growing awareness of lifestyle diseases. This change is being accompanied by an increasing propensity for preventative healthcare, which is driving rising demand for dietary supplements. Furthermore, more money is being spent on high-end and specialized nutritional items in the UAE due to the country’s wealthy population and excellent standard of living. An increase in fitness and wellness trends is also helping the industry, as more people use supplements to improve their performance and recuperation and exercise on a daily basis.
Challenges:
There are various challenges facing the UAE nutritional supplement market. The regulatory environment, which can be complicated and strict, is one of the main causes for anxiety. It might take a lot of time and money for manufacturers to comply with local laws and get the required certifications. Intense competition among the many companies vying for consumers’ attention in the market can also result in higher marketing and operating expenses. The prevalence of unsubstantiated health claims can breed mistrust and impede market expansion, therefore there is also a problem with consumer skepticism and disinformation.
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The United Arab Emirates’ market for dietary supplements has been significantly impacted by the COVID-19 pandemic. There is a greater need for vitamins that boost immunity as a result of people attempting to combat the illness. As a result, sales of supplements including zinc, echinacea, and elderberry as well as vitamins C, D, and C have soared. However, the pandemic has also affected the nutritional supplement supply chain, leading to delivery delays and shortages of some goods. Production stoppages and transportation delays resulting from lockdowns and other limitations have been blamed for this. The second impact of the pandemic has been the closure of fitness centers, which has decreased the need for dietary supplements among athletes.
UAE Nutritional Supplements Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Abbott Laboratories Inc, Al Rawabi Dairy Company, Bayer AG, Danone Groupe, IFFCCO Group, Kellogg Company, Marmum Dairy Farm LLC, Mars Inc, MondelezInc, Monster Beverage Corp, Nestle SA, Now Foods Inc, Otsuka Holding Company Ltd, Otsuka Holdings Co Ltd, Pfizer Inc, RedbullGmbH, S Spitz GmbH, Sanofi, Sapporo Holdings Ltd, The Nature’s BountyCompany, Vitabiotics Ltd.
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UAE Nutritional Supplements Market Forecast
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