Middle East & Africa Nutraceuticals Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Home > Reports > Supplements > Food And Beverages > Middle East & Africa Nutraceuticals Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Middle East & Africa Nutraceuticals Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Nutraceutical is a broad umbrella term that is used to describe any product derived from food sources with extra benefits. Nutraceuticals are defined as part of food which is having health benefits and which gives energy to the whole body, which prevented the diseases such as cancer, high blood pressure and obesity. In nutraceutical, they are Dietary supplements and Food additives. Dietary supplements are like tablets which provide the energy for the body and food additives are substances added to food to preserve flavour or enhance its taste.

Middle-East & Africa Nutraceuticals Market Size & Growth:

The Middle-East & Africa Nutraceuticals Market is estimated to reach $XX million by 2025, at a CAGR of XX% during 2019-2025 which is having a valued at $XX million in 2015. The other drivers include increasing demand for functional foods, growing awareness of nutraceutical products, among this functional food is increasing the demand products is more due to growing health among consumers and increasing the awareness of nutraceuticals. The opportunities are increasing demand for functional beverage, any new inventions in the nutraceuticals market then which will be more demand for the product. The significant challenges facing by the Middle-East & Africa Nutraceuticals market are low awareness of functional foods, increasing the cost of nutraceuticals products among these functional foods is low awareness due to less use of nutraceuticals. New applications, and need to improve the quality if the nutraceuticals and creating profitable opportunities for the market growth

Middle East & Africa Nutraceuticals Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
during 2019-2025.

Middle-East & Africa Nutraceuticals Market Segments Share:

The Middle-East & Africa Nutraceuticals market is segmented based on the type, application and geography. By type, the Middle-East & Africa Nutraceuticals market is segregated into probiotics, minerals, vitamins, proteins, fibres & speciality carbohydrates and others. Among these segment, fibres & carbohydrates segment shows the significant growth due to present in some foods like yoghurt which is having the nutraceuticals and which gives more energy to the body. By applications, the market is categorised into a functional food, functional beverage, dietary supplements & others. Among these, dietary supplements are expected to register the highest growth in the nutraceuticals market, and functional food holds the most significant market share during the forecast period. It is mainly due to more use of the nutraceuticals which is present in tablets and by that growing health is more. By geography, Middle-East & Africa is segregated into Middle-East, Africa and rest of Middle-East & Africa, among these Africa, is expected to accommodate the most significant market share in the nutraceuticals market due to health benefits which is present in nutraceuticals and healthy functional food and functional beverages. Middle-East region is projected to the highest CAGR during the forecast period due to high in health and energy gain.

Middle-East & Africa Nutraceuticals Market Trends:

  • Nestle munch, one of India’s most popular brands in the chocolate and confectionery category sets another innovation benchmark in the coated wafer category with the launch of munch crunch-o-nuts.
  • Seresto is now licensed to reduce the risk of infection with Leishmania infantum.
  • Danone’s operating income in the first half was hit by a consumer boycott in Morocco, which began in April in protest against rising consumer prices.

Middle-East & Africa Nutraceuticals Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact on altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the Middle-East & Africa Nutraceuticals Market are:

  • General Mills, Inc.
  • Herbalife Nutrition
  • Archer Daniels Midland Company
  • Arista Industries
  • Bayer AG

Along with these companies, there were many other companies considered/ cited in the report while analysing the Middle-East & Africa Nutraceuticals market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.

of munch crunch-o-nuts. Seresto

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Middle East & Africa Nutraceuticals Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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