Market Research Report

Saudi Arabia Consumer Health Market Research Report: Forecast (2023-2028)

By Disease Type Cardiovascular Diseases, Respiratory Diseases, Lifestyle Diseases [Diabetes, Obesity, Depression, High Blood Pressure, High Cholesterol, Others]), By Category (Weig...ht Management & Wellbeing, Sports Nutrition, Pediatric Health, OTC Pharmaceuticals), By Company (GSK Consumer Healthcare, Abbott Laboratories Inc., Bayer Middle East FZE, Atkins Nutritionals Inc., 21st Century Healthcare, Nestlé Middle East FZE, Heinz Africa & Middle East & Africa FZO, Vitabiotics Ltd, Glanbia Plc, Quest Nutrition LLC, Alcon Middle East, Allergan Plc, Johnson & Johnson, Others) Read more

  • Healthcare
  • Mar 2023
  • 102
  • HC22115

Market Definition

Consumer health is a branch of the healthcare sector that deals with wellness, nutrition, & skincare products, along with OTC (Over-the-Counter) medications available without a prescription. These products are found easily at independent retailers, specialist retailers, departmental stores, pharmacies or drugstores, supermarkets, or hypermarkets.

Market Insights & Analysis: Saudi Arabia Consumer Health Market (2023-28)

The Saudi Arabia Consumer Health Market is projected to grow at a noteworthy CAGR during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven primarily by the improving disposable incomes of a rapidly growing population, changing demographics with a large number of women entering the workforce, and increasing healthcare awareness among people as well as their greater focus on preventive healthcare.

Besides, the implementation of numerous healthcare reforms by the government of Saudi Arabia to enhance primary healthcare services, promote healthier lifestyles, and ensure the availability of safe & effective medications in order to improve the overall health of the country's population is another prominent aspect expected to favor the market growth in the future.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
Key Companies Profiled Cleopatra Hospital Group, Saudi German Hospital, As-Salam International Hospital, Katameya Clinic Hospital (KCH), EL Nozha International Hospital (NIH), Wadi ElNeel Hospital, Arab Contractors Medical Center, Ganzouri Specialized Hospital, and Others
Unit Denominations USD Million/Billion

 

Over the years, Saudi Arabia has been investing increasingly in various initiatives to promote preventive healthcare and raise awareness among residents about healthy lifestyle choices, which, in turn, has led to ever-increased demand for consumer health products, including vitamins, dietary supplements, and wellness products. Consumers in the country are showing greater interest in natural & herbal remedies for various health issues, owing to their growing desire for holistic wellness as well as their perception that natural products have fewer side effects.

Moreover, as healthcare awareness among the Saudi Arabian population is rapidly increasing, more & more individuals are becoming proactive in managing their health by seeking information on preventive measures & self-care, thereby fueling the demand for various products that aid in improving & sustaining overall well-being. Furthermore, the mounting prevalence of chronic diseases like diabetes, obesity, & cardiovascular conditions due to urbanization & changing lifestyles is another prominent aspect accelerating the demand for OTC medications, dietary supplements, & weight management solutions, which projects a notably growing consumer health industry in the country over the coming years, thus affecting the Saudi Arabia Consumer Health Market size.


Saudi Arabia Consumer Health Market Research Report: Forecast (2023-2028)

Market Dynamics

Key Driver: Rising Focus on Preventive Healthcare & Ever-Increased Health Consciousness

With the growing understanding among people of the importance of early intervention, healthy lifestyles, & disease prevention, they have shifted their healthcare priorities toward preventive measures rather than focusing on treatment in the past few years. The population of Saudi Arabia is becoming increasingly health conscious and looking for ways to improve & sustain their personal health & well-being. People are massively investing in personal health management and opting for products that can help them maintain good health, prevent diseases, and manage minor health issues independently. This trend is augmenting the demand for a wide range of OTC drugs, dietary supplements, vitamins, & personal care items and is the prime aspect projected to drive the Saudi Arabia Consumer Health Market during 2023-28.

Growth Restraint: Limited Access to Healthcare Services and High Prices of Specialized Products

Despite significant efforts toward improving healthcare infrastructure, access to healthcare services in remote or underserved regions of Saudi Arabia is still limited, i.e., severely impacting the distribution & availability of consumer health products, especially in rural areas.

In addition, the pricing of consumer health products is also affecting their accessibility, as some high-quality or specialized products have higher price points, which makes them less affordable for certain segments of the population. As a result, price sensitivity among residents is also limiting the demand, especially for premium products.

Moreover, regulatory requirements & approval processes have been prominent challenges for product manufacturers & importers, as compliance with stringent regulations & obtaining the required licenses are both costly & time-consuming, owing to which many companies avoid investing in the industry. Hence, these aspects are projected to hinder the fledged expansion of the Saudi Arabia Consumer Health Market during 2023-28.

Market Segmentation

Based on Disease Type:

  • Cardiovascular Diseases
  • Respiratory Diseases
  • Lifestyle Diseases
    • Diabetes
    • Obesity
    • Depression
    • High Blood Pressure
    • High Cholesterol
    • Others

Among them all, Diabetes holds a significant share of the Saudi Arabia Consumer Health Market. Diabetes is a prevalent health concern in the country, owing to which the demand for various diabetes management products like blood glucose monitoring devices, test strips, insulin, oral antidiabetic medications, & diabetic care supplies, among others, is constantly rising so individuals can manage their condition effectively. Both insulin & oral antidiabetic medications are commonly prescribed to individuals with Diabetes and play a notable role in managing blood sugar levels while controlling the symptoms.

The ever-increased use of self-monitoring devices is also augmenting the market growth. Diabetic patients often require regular monitoring of their blood glucose levels, i.e., driving the demand for glucometers and CGM (Continuous Glucose Monitoring) systems, which allow individuals to track their blood glucose levels at home and reduce the need for frequent visits to healthcare facilities, thereby promoting self-management.

Moreover, diabetic footwear, glucose control solutions, lancets, insulin delivery devices (e.g., insulin pens), and diabetic wound care products are gaining traction in Saudi Arabia to cater to the specific needs of individuals with Diabetes and provide them with tools to manage their condition effectively & prevent complications. Thus, these aspects are stimulating the growth of the Consumer Health Market in Saudi Arabia and, in turn, creating lucrative prospects for the leading companies operating in the industry.

Based on Category:

  • Weight Management & Wellbeing
  • OTC Pharmaceuticals
  • Sports Nutrition
  • Paediatric Health

Here, OTC (Over-the-Counter) medications lead the market. These non-prescription drugs used for treating common health issues like cold & cough, flu, pain, allergies, digestive problems, & skin conditions, among others, are extensively available for consumers without the need for a prescription and can be easily purchased from supermarkets, convenience stores, pharmacies, as well as online platforms. The growing preference of residents for self-managing these common ailments is augmenting the sales of OTC drugs in Saudi Arabia, which provide them with a range of options for symptom relief without having to consult healthcare professionals and, consequently, spurring growth in the consumer health market.

Moreover, the ever-increasing health awareness among the Saudi Arabian population is further accelerating the demand for OTC medications as more & more individuals are becoming aware of common ailments and the availability of OTC drugs to address them by seeking information through various platforms like healthcare campaigns, educational materials, and pharmacist advice. Hence, all these aspects are pushing the sales of OTC medications and, in turn, benefitting the overall growth of the consumer health industry in Saudi Arabia.

Gain a Competitive Edge with Our Saudi Arabia Consumer Health Market Report

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  2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
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Frequently Asked Questions

   A. The Saudi Arabia Consumer Health Market is projected to record a noteworthy CAGR during 2023-28.

   A. The ever-growing focus of consumers on preventive healthcare is the prime aspect projected to drive the Saudi Arabia Consumer Health Market through 2028.

   A. GSK Consumer Healthcare, Abbott Laboratories Inc., Bayer Middle East FZE, Atkins Nutritionals Inc., 21st Century Healthcare, Nestlé Middle East FZE, Heinz Africa & Middle East & Africa FZO, Vitabiotics Ltd., Glanbia Plc, Quest Nutrition LLC, Alcon Middle East, Allergan Plc, and Johnson & Johnson are the key players operating in the Saudi Arabia Consumer Health Market.

   A. Higher price points of specialized products and limited access to healthcare services are the major factors projected to hinder the growth of the Saudi Arabia Consumer Health Market through 2028.

   A. OTC drugs would continue generating remunerative opportunities for the leading players in the Saudi Arabia Consumer Health Market over the forecast years.

  1. Market Segmentation
    1. Introduction
    2. Product Definition
    3. Research Process
    4. Assumptions
  2. Executive Summary
  3. Saudi Arabia Macroeconomic Environment Outlook, 2023
    1. PESTEL Analysis
      1. Current state
      2. Opportunities
      3. Challenges
  4. Saudi Arabia Population Landscape, 2023-2028
    1. Population Growth
    2. Fertility Vs Ageing Vs Death Rate
    3. Health Report
    4. Urbanization and Migration
    5. Monthly Income Spending Pattern
  5. Saudi Arabia Consumer Healthcare Market Statistics, 2018-2022
    1. Total Healthcare Spending, 2018-2022
    2. Per Capita Spending on Healthcare, 2018-2022
    3. Total Patients, By Disease Type
      1. Cardiovascular Diseases
      2. Respiratory Diseases
      3. Lifestyle Diseases
        1. Diabetes
        2. Obesity
        3. Depression
        4. High Blood Pressure
        5. High Cholesterol
        6. Others
  6. Saudi Arabia Consumer Health Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Segmentation & Analysis
      1. By Consumer Health Categories
        1. Weight Management & Wellbeing
        2. Sports Nutrition
        3. Paediatric Health
        4. OTC Pharmaceuticals
      2. By Competition, By Category, 2021-2023
        1. Top 10 Companies
  7. Saudi Arabia Weight Management & Wellbeing Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Segmentation & Analysis
      1. By Type
        1. Weight Loss Supplements, By Revenues (USD Million), 2018-2028
        2. Meal Replacement, By Revenues (USD Million), 2018-2028
        3. Nutritional Drinks, By Revenues (USD Million), 2018-2028
      2. By Competition
        1. Top Competitors in 2021-2023
        2. Top Brands in the Market
    3. Saudi Arabia Key Trends Emerging in Weight Management & Wellbeing Market
    4. Saudi Arabia Weight Management & Wellbeing Market Dynamics
      1. Hotspots & Opportunities
      2. Market Drivers
      3. Challenges
    5. Saudi Arabia Key Trends in Diabetes Health
      1. Diabetes Trends
      2. Pre Diabetes Trends
  8. Saudi Arabia Sports Nutrition Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Segmentation & Analysis
      1. By Type
        1. Protein Products, By Revenues (USD Million), 2018-2028
        2. Non-Protein Products, By Revenues (USD Million), 2018-2028
      2. By Competition
        1. Top Competitors in 2021-2023
        2. Top Brands in the Market
    3. Saudi Arabia Key Trends Emerging in Sports Nutrition Market
    4. Saudi Arabia Sports Nutrition Market Dynamics
      1. Hotspots & Opportunities
      2. Market Drivers
      3. Challenges
  9. Saudi Arabia Paediatric Health Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Segmentation & Analysis
      1. By Type
        1. Vitamins and Dietary Supplements, By Revenues (USD Million), 2018-2028
        2. Paediatric Digestive Health, By Revenues (USD Million), 2018-2028
        3. Nappy or Rash Treatment, By Revenues (USD Million), 2018-2028
        4. Others, By Revenues (USD Million), 2018-2028
    3. By Competition
      1. Top Competitors in 2021-2023
      2. Top Brands in the Market
  10. Saudi Arabia Key Trends Emerging in Paediatric Health Market
  11. Saudi Arabia Paediatric Health Market Dynamics
    1. Hotspots & Opportunities
    2. Market Drivers
    3. Challenges
  12. Saudi Arabia OTC Pharmaceuticals Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Segmentation & Analysis
      1. By Type
        1. Analgesics, By Revenues (USD Million), 2018-2028
        2. Dermatological, By Revenues (USD Million), 2018-2028
        3. Digestive Healthcare, By Revenues (USD Million), 2018-2028
        4. Eye care
          1. Standard, By Revenues (USD Million), 2018-2028
          2. Allergic, By Revenues (USD Million), 2018-2028
        5. Wound Care & Pain Relief, By Revenues (USD Million), 2018-2028
    3. By Competition
      1. Top Competitors in 2021-2023
      2. Top Brands in the Market
  13. Saudi Arabia Key Trends Emerging in OTC Pharmaceuticals Market
  14. Saudi Arabia OTC Pharmaceuticals Market Dynamics
    1. Hotspots & Opportunities
    2. Market Drivers
    3. Challenges
  15. Company Profiles
    1. GSK Consumer Healthcare
    2. Abbott Laboratories Inc.
    3. Bayer Middle East FZE
    4. Atkins Nutritionals Inc.
    5. 21st Century Healthcare
    6. Nestlé Middle East FZE
    7. Heinz Africa & Middle East & Africa FZO
    8. Vitabiotics Ltd
    9. Glanbia Plc
    10. Quest Nutrition LLC
    11. Alcon Middle East
    12. Allergan Plc
    13. Johnson & Johnson
    14. Others
  16. Disclaimer


Saudi Arabia Consumer Health Market - Segmentation Slide