MarkNtel Advisors presents a comprehensive research report on the UAE Nutraceuticals Market Size, Share, Analysis, Future expected to reach CAGR of 6.96% by 2027. Delving into thorough analysis of the industry's changing dynamics, growth drivers, challenges, key trends, and lucrative opportunities. This study aims to provide stakeholders in the market with detailed insights, enabling them to make informed and strategic decisions that will yield higher revenues in the coming years. With a focus on delivering value, the report covers a wide range of aspects, ensuring a holistic understanding of the market landscape.
Unlocking Market Insights: Exploring Key Aspects in the UAE Nutraceuticals Market Report (2022-2027)
It analyzes the fluctuations in revenue across different segments and geographical regions, considering the evolving trends and purchasing patterns of end-users.
The report highlights key developments, including the introduction of new services, expansion of product portfolios, revenue generation strategies of major players, stakeholder investments, and the role of governments.
Additionally, it offers an unbiased overview of market trends, innovations, technological advancements, and fluctuations, as observed by industry experts.
To ensure reliable data generation and analysis, the report utilizes tools such as SWOT (Strengths, Weaknesses, Opportunities, Threats) and PESTLE (Political, Economic, Social, Technological, Legal, and Environmental) analysis.
The competitive landscape section of the report showcases the dynamic strategies employed by leading players to enhance profit margins and expand their market presence across different regions.
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Market Dynamic
Key Driver: Burgeoning Lifestyle Disorders to Drive the Market Growth
The 'Rich' lifestyle of the UAE residents has led to mild to severe health problems such as poor gut health to chronic diseases. Further, the prevalence of lifestyle diseases such as obesity, diabetes, etc., is primarily the result of extensive consumption of packaged junk food. Moreover, the high calorific packaged food beverages combined with least to no physical activity has been the main factor for the increasing lifestyle disorders in the country. Nonetheless, the increasing awareness about a healthy lifestyle, rising inclusion of nutritional supplements for immunity building, improving internal organ functions, etc., have driven the integration of nutraceutical products in the daily lifestyle of the population.
Similarly, the rising inclination toward a healthy lifestyle as well as increased physical activities among the country's population to reduce the prevalence of non-communicable diseases, including overweight, obesity, cardiovascular diseases, etc., is expected to increase the consumption of nutraceutical supplements during the forecast period.
Possible Restraint: Premium Prices of Raw Materials to Hamper the UAE Nutraceuticals Market
The limited ability of the country to process raw material for nutraceuticals, such as branched-chain amino acids, collagen peptides, etc., has always resulted in the country importing dietary supplements, primarily from China, India, and the US. Additionally, the overall import dependency has led to the high prices of dietary supplements in the UAE. Consequently, the rising cost of dietary supplements in the UAE has always posed a challenge to the nutraceutical market, given the premium pricing of dietary supplements.
Growth Opportunity: Increasing Versatility of Probiotic Products in Lifestyle-based Diseases
With the improvement in research development, the manufacturing of probiotic supplements for other health-related diseases, such as cardiovascular disease, hypocholesterolemia, bone health, oral health, etc., is projected to stimulate the growth of the Nutraceuticals Supplement market in the years to come. Furthermore, the growing consumer awareness regarding the benefits provided by nutraceutical supplements pushes the dietary supplement industry to start developing new strains of nutraceuticals to reduce patients' pain. In addition, the increasing number of chronic diseases related to lifestyle food will focus the manufacturers on developing new probiotic supplements in the forthcoming years.
The competitive landscape of the UAE Nutraceuticals Market depicts the dynamic scenario among industry players, highlighting their market positions, strategies, and initiatives. It encompasses an analysis of key competitors, their strengths, weaknesses, opportunities, and threats (SWOT analysis). The report also sheds light on the market share, product offerings, business expansion, collaborations, mergers and acquisitions, and other strategic activities undertaken by these players to gain a competitive edge. Additionally, it examines the competitive intensity, market barriers, and potential entry of new players, providing a comprehensive understanding of the market's competitive landscape.
-Pfizer Inc.
-Bayer Middle East FZE
-Vitabiotics Ltd.
-Nestl UAE L.L.C.
-Danone
-BASF FZE
-PepsiCo Inc.
-General Mills Inc.
-Nature's Way Products, LLC.
-Abbott Laboratories S.A.
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Segmentation Unveiled: Analyzing UAE Nutraceuticals Market's Expansion and Mapping Demand, and Distribution across Geographies
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
-Gummies Soft Gels
-Powder Liquid
By Sales Channel
-Offline Store-Based
--Supermarkets Hypermarkets
--Specialty Stores
-Online
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On the geographical front, the UAE Nutraceuticals Market expands across:
By Region
-Dubai
-Al Ain Abu Dhabi
-Sharjah Northern Emirates
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