Saudi Arabia Dietary Supplements Market Research Report: Forecast (2024-2030)

Market Definition

Dietary supplements are products that help improve the physiological functions of the body and maintain health status. Also, it helps reduce the risk of diseases and promote physical & mental well-being. The supplements assist in providing nutrients, such as minerals, vitamins, fiber, and amino acids, to the body.

Market Insights & Analysis: Saudi Arabia Dietary Supplements Market (2024-30)

The Saudi Arabia Dietary Supplements Market is expected to grow at a CAGR of around 8.0% during the forecast period, i.e., 2024-30. The most prominent factors contributing to the market growth are the rising consumer awareness of the importance of well-being & prevention, coupled with the rapidly increasing internet penetration, and the emergence of online websites & portals of international healthcare firms offering consultancy services. In addition, the climbing healthcare costs are also leading to more than ever attention toward prevention & care through supplements in order to reduce long-term costs.

Moreover, the mounting propensity for sports-based & athletic performance enhancement supplements, owing to the rapidly rising number of fitness enthusiasts across Saudi Arabia, has instigated the key manufacturers to introduce enriching dietary supplements in the country. Besides, the active participation of the Saudi government in augmenting the production of herbal supplements is another prominent aspect anticipated to bode well for the dietary supplements industry over the coming years.

Saudi Arabia Dietary Supplements Market Driver:

Rising Health Concerns Among People - With the rapidly growing geriatric population and the mounting prevalence of lifestyle-related diseases, people in Saudi Arabia are becoming more & more focused on health-benefiting products like supplements, i.e., the primary aspect expected to drive the Dietary Supplements Market in the country during 2024-30. Moreover, the emerging trend of healthy aging is another crucial factor encouraging the adoption of dietary supplements among consumers as the body’s physical health starts declining at around 30 years of age, the root cause of which is the deficiency of vitamins & minerals. Hence, these aspects are set to boost the Saudi Arabia Dietary Supplements Market over the forecast years.

Saudi Arabia Dietary Supplements Market Growth Restraint:

Side-effects Associated with Excessive Consumption of Dietary Supplements & Their High Costs - Although dietary supplements promote better health and well-being, they do not guarantee any favorable impact on the immune system. Overdose can result in reduced bone strength, blood clotting, birth abnormalities, and the weak ability of the body to absorb nutrients, among other adverse things. For instance, excessive intake of vitamin A supplements can lead to migraines, liver damage, poor bone strength, & birth defects. Likewise, an iron overdose may cause nausea & vomiting and damage the liver & other organs. Moreover, the high costs of premium-sized supplements, mounting prices of regular supplements, and the growing consumer inclination towards organic & natural products are also projected to hinder the growth of the Saudi Arabia Dietary Supplements Market through 2030.

Saudi Arabia Dietary Supplements Market (2024-30): Segmentation Analysis

Based on Ingredients:

• Botanicals
• Vitamins
• Minerals
• Proteins & Amino Acids
• Omega Fatty Acids
• Fibers & Specialty Carbohydrates

Of them all, Vitamins acquired the largest share of the Saudi Arabia Dietary Supplements Market in the previous few years as they help boost immune, enhance growth & development, and support better functioning of cells & organs. The demand for vitamin-based supplements is significantly rising across Saudi Arabia as they are the essential elements required for optimum health & growth. In addition, the growing prevalence of vitamin deficiency among Saudi Arabians is another prominent aspect augmenting the demand for vitamin-based supplements across the country, thereby stimulating the expansion of the dietary supplements market.

Based on Form:

• Tablets
• Capsules
• Soft Gels
• Powders
• Gummies
• Liquids

Here, tablets accounted for the largest market share in the past few years, on account of the increasing consumer preference for portability & single-serve convenience, coupled with cost-effectiveness, easy packaging techniques, and higher shelf life of tablets, I.e., driving the demand for dietary supplements in the tablet form. On the other hand, supplements in the form of capsules & soft gels are also gaining traction and contributing notably to the growth of the dietary supplements industry in Saudi Arabia, owing to their well-defined dosages. In addition, the growing consumer adoption of protein supplements is projected to accelerate the demand for powder-based dietary supplements in Saudi Arabia over the coming years, and, in turn, stimulate the overall market growth.

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