The term "dietary supplement" refers to goods that give the body extra nutrition and typically contain vitamins, minerals, enzymes, botanicals, and other ingredients. These supplements increase a person's ability to perform and increase energy levels so they can handle daily responsibilities and body building exercises. They can be applied to certain issues like strengthening muscles, improving body composition, or improving general health.
Saudi Arabia Dietary Supplements Market Driving Factors and Challenges
Driving Factors : Growing Public Health Concerns: People in Saudi Arabia are becoming more and more interested in health-benefiting products like supplements due to the country's rapidly ageing population and the rising prevalence of lifestyle-related diseases. This trend is anticipated to drive the country's dietary supplements market between 2024 and 30. Furthermore, as vitamin and mineral deficiencies are the primary cause of the physical decline in health that occurs in the body around the age of thirty, the growing trend of "healthy ageing" is another important factor driving consumer adoption of dietary supplements. Therefore, during the projected years, these factors are expected to propel the Saudi Arabian Dietary Supplements Market.
Challenges : Side-effects Associated with excessive consumption of dietary supplements and their high cost - Although nutritional supplements boost overall health and well-being, they do not guarantee a positive impact on the immune system. Overdose can cause diminished bone strength, blood clotting, birth defects, and a body's inability to absorb nutrition, among other problems. For example, taking too many vitamin A pills might cause migraines, liver damage, low bone strength, and birth problems. Similarly, iron overload can produce nausea and vomiting, as well as damage to the liver and other organs. Furthermore, the high cost of premium-sized supplements, rising prices of normal supplements, and a growing consumer preference for organic and natural products are all expected to stymie the expansion of the Saudi Arabia Dietary Supplements Market.
Impact of COVID-19 on Saudi Arabia Dietary Supplements Market
The apparent long-term effects of coronavirus infection on humans have led to a sharp increase in sales of nutritional supplements, probiotic supplements, fatty acid supplements, protein supplements, vitamins, and minerals. Unexpected lifestyle changes caused consumers to reevaluate their views on health and weight management; they were concerned about becoming less active or gaining weight during the lockdown and pandemic. The COVID-19 pandemic has brought attention to how important it is to take charge of one's health and modify one's lifestyle in order to have a better quality of life. Throughout the course of the projected period, the market is anticipated to grow even more quickly as awareness of the advantages of dietary supplements in the pandemic fight grows.
Saudi Arabia Dietary 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 Bayer Saudi Arabia, LLC, Amway Corp, Herbalife Nutrition Ltd, Abbott Saudi Arabia Trading LLC, Pfizer Saudi Limited, Glaxo Saudi Arabia Limited, Glanbia Performance Nutrition Inc, The Archer-Daniels-Midland Company, ARKOPHARMA Laboratories, Bionova Lifesciences Pvt Ltd.
Saudi Arabia Dietary Supplements Market Segmentation:
By Product Type: Based on the Product Type, Saudi Arabia Dietary Supplements Market is segmented as; Combination Dietary Supplements, Vitamins, Herbal Supplements, Fish Oil & Omega Fatty Acid, Proteins, Others.
By Form: Based on the Form, Saudi Arabia Dietary Supplements Market is segmented as; Tablets, Capsules, Powder, Liquids, Soft Gels.
By Distribution Channel: Based on the Distribution Channel, Saudi Arabia Dietary Supplements Market is segmented as; Pharmacies and Drug Stores, Supermarkets and Hypermarkets, Online, Others.
By Application: Based on the Application, Saudi Arabia Dietary Supplements Market is segmented as; Energy & Weight Management, General Health, Bone & Joint Health, Immunity, Others.
By End User: Based on the End User, Saudi Arabia Dietary Supplements Market is segmented as; Infants, Children, Adults, Pregnant Females, Geriatric.
By Region: This research also includes data for Riyadh, Dammam, Jeddah, Rest of Saudi Arabia
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.