Products known as nutraceuticals are utilised in both nutrition and medicine. A nutraceutical product is something that benefits the body physiologically or protects against chronic disease. Nutraceuticals can be used to preserve bodily structure and function, boost health, slow down the ageing process, avoid chronic diseases, and lengthen life. The market is anticipated to grow as a result of the numerous uses for nutraceuticals in the food, beverage, and medical sectors. Additionally, a number of factors, including the growing demand for nutraceuticals and their positive effects on health, are anticipated to have an impact on the development of the MENA nutraceuticals market.
The MENA nutraceuticals market is anticipated to reach US$ 21,048.3 Mn by 2028, growing at a CAGR of 7.1% over the forecast period, from an estimated value of US$ 13,051.5 Mn in 2021. (2021-2028)
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Over the course of the forecast period, expanding research and development efforts to create novel nutraceuticals are anticipated to drive growth of the MENA nutraceuticals market.
Over the course of the forecast period, increasing government and industry research and development efforts to create novel nutraceuticals are anticipated to drive market expansion in the MENA region. According to a July 2021 article in the North African Journal of Food and Nutrition Research, a study was carried out to ascertain the mineral composition of lentil flour in association with the University of Béjaia, Chadli Bendjedid University of El-Tarf, Bejaia University, and Royal Food Conservatory, Algeria. According to the study’s findings, adding yoghurt significantly raised the mineral content of raw and roasted lentil flour. These discoveries can be exploited to create new lentil-based dietary supplements that could aid in the prevention of chronic illnesses like cancer, type 2 diabetes, cardiovascular disease, and others.
The MENA nutraceuticals market is anticipated to rise over time due to an increase in demand for these products in the region’s emerging markets.
The Middle East and North Africa (MENA) area has challenges such food and nutrition shortages, rising prevalence of diet-related non-communicable diseases (NCDs), and others, according to a research published by the Sustainability Science Journal in July 2018. Instability in food and nutrition is anticipated to increase demand for goods that are very nourishing, such as nutraceuticals, creating a lucrative growth potential for the MENA nutraceuticals market throughout the anticipated timeframe.
The coronavirus, also known as COVID-19, outbreak began in Wuhan, China in 2019 and has since expanded to every continent, having an impact on a number of worldwide industries. Lockdowns put in place by the government to stop the spread of the coronavirus since January 2020 have damaged the economy in MENA nations like Iran, Syria, Iraq, Lebanon, Morocco, Tunisia, and others, which has hurt the market.
According to information made public by the OECD in November 2020, COVID-19 has presented significant difficulties for the MENA region’s healthcare infrastructure. Numerous countries, including Lebanon, Morocco, and Tunisia, have suffered significant losses as a result of the COVID-19 situation’s overall management. In addition, the OECD asserts that Iran, Syria, Iraq, the Palestinian Authority, Yemen, and Libya are among the nations with a shortage of hospital beds and insufficient COVID-19 testing capacity. The COVID-19 pandemic has cost the Middle East significantly, according to the same source. Governments in Middle Eastern nations have restricted economic activities that boost the economy, such as manufacturing, import/export, tourism, and so on, as a result of containment measures they have put in place. This has increased the strain on the economies. The MENA region is experiencing economic hardship as a result of the COVID-19 pandemic, according to the OECD.
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| ATTRIBUTES | DETAILS |
|---|---|
| Estimated Year | 2021 |
| Base Year | 2020 |
| Forecast Year | 2028 |
| Historical Year | 2017-2020 |
| Unit | Value (USD Million/Billion) |
| Segments Covered | Types, Applications, End-Users, and more. |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
| By Region | North America, Europe, Asia Pacific, Latin America, Middle East, and Africa |
| Customization Scope | We customize your report according to your research need. Ask our sales team for report customization. |
Market Restraint
The MENA nutraceuticals market is anticipated to experience growth restraints due to side effects and high product costs. Additionally, taking too much vitamin E has been associated to gonadal dysfunction, weakness, blurred vision, diarrhoea, and cancer recurrence. Additionally, excessive vitamin A intake has been connected to a higher risk of congenital abnormalities in expectant mothers.
Key Players
The top companies involved in the MENA nutraceuticals market are Ascendis , Nestlé S.A., Adcock Ingram, Danone Nutricia, Quantum Naturals Ltd., Unilever, Koninklijke DSM N.V., Arla Foods, Bionova Lifesciences, Kellogg’s, BASF SE, DuPont, Abbott Laboratories, Archer Daniels Midland Company, Arkopharma Laboratories, and GlaxoSmithKline.
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📌Frequently Asked Questions:
1) What is the potential of the MENA Nutraceuticals Market?
2) What are the latest research and activities of the industry?
3) What is the total expected CAGR for the industry?
4) Who are the crucial players operating the market?
5) What are the major market patterns influencing the development of the industry?
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8) What are industry dynamics?
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Market Opportunity Map
- Report Description
- MENA Nutraceuticals Market Insights
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Industry Trends
- Mergers and Acquisitions
- Key Developments
- Regulation Scenario
- Recent Product Approvals/Launch
- Unique Value Proposition (UVP) of Product
- PESTEL Analysis
- Brand Analysis for Global and Local Manufacturer of Vitamins and Supplement
- MENA Nutraceuticals Market- Impact of Coronavirus (Covid-19) Pandemic
- Economic Impact
- Impact on MENA Nutraceuticals Market
- Impact on Supply and Demand of Nutraceuticals
- Government Initiatives
- MENA Nutraceuticals Market, By Product Type, 2017 – 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Calcium Supplement Tablets and Gummies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Probiotics Supplement Tablets & Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Collagen peptide Powder Jar or Sachet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Iron in Tablet and Gummies & Syrup
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Folic Acid Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Pyridoxine Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Rocket Seed Oil in Soft Gel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Prenatal Vitamin in Tablet and Gummies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Chaste Berry in Powder and Tablet and Capsule
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Natural Eggshell Membrane in Capsule
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Melatonin in Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Vitamin C in Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Inositol in Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Whey Protein in Powder and Sachet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Biotin in Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Hypericum perforatum Extract in Capsule
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Vitamin D3 in Soft Gel Capsule and Gummies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Omega 3 in Soft Gel and Gummies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Omega 3 Plus Multivitamin in Soft Gel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Gummies Natural Eggshell Membrane in Capsule
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- CBD
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- CBD Tinctures
- Capsules & Soft gels
- CBD Gummies
- Others
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Introduction
- MENA Nutraceuticals Market, By Application, 2017 – 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Cancer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Diabetes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Heart Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Hypertension
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Obesity
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Introduction
- MENA Nutraceuticals Market, By Distribution Channel, 2017 – 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Convenience Store
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Hypermarket/ Supermarket
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
- Introduction
- MENA Nutraceuticals Market, By Region, 2017 – 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Region at Trends
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Market Size and Forecast By Value, and Y-o-Y Growth, By Countries, 2017–2028, (US$ Million)
- UAE
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Israel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Saudi Arabia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Qatar
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Bahrain
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Kuwait
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Rest of Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- UAE
- North Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Market Size and Forecast By Value, and Y-o-Y Growth, By Countries, 2017–2028, (US$ Million)
- Algeria
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Egypt
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Morocco
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Libya
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Tunisia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Rest of North Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017–2028, (US$ Mn)
- Algeria
- Introduction
- Competitive Snapshot
- Company Profiles
- Nestlé S.A.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Danone Nutricia
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Unilever
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Bionova Lifesciences
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- BASF SE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Abbott Laboratories
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Arkopharma Laboratories
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- GlaxoSmithKline
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Archer Daniels Midland Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- DuPont
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Kellogg’s
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Arla Foods
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Koninklijke DSM N.V.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Quantum Naturals Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Nestlé S.A.
- Vitamins and Supplements Manufacturers (MENA Region)
- Adcock Ingram
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Ascendis Health Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- iNova Pharmaceuticals
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Vital Health Foods
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Jamjoom Pharma
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Adcock Ingram
- CBD Product Manufacturers
- Creso Pharma
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- ConnOils LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Creso Pharma
- Company Profiles
- Section
- Research Methodology
- About us
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