Saudi Arabia Nutraceuticals Market Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Saudi Arabia Nutraceuticals Market:- The report titled “Saudi Arabia Nutraceuticals Market Outlook to 2023 – By Vitamins and Dietary Supplements, Functional Foods (Dairy, Baby Food, Breakfast Cereals, Edible Oil, and Confectionary) and Functional Beverages (Energy Drinks, Concentrates, Fruit/Vegetable Juices, and Sports Drinks)” provides a comprehensive analysis of the nutraceuticals the market in the Kingdom of Saudi Arabia. The report also covers the overview and the genesis of the industry, overall market size in terms of revenue, segmentation on the basis of product category and channels of distribution for functional foods, functional beverages and vitamins & dietary supplements; trends and developments, issues & challenges, regulatory environment, entry barriers, comparative landscape including competitive scenario, market share, brand share and company profiles. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions. To learn more about this report Download a Free Sample Report Saudi Arabia Nutraceuticals Market Overview and Size Saudi Arabia’s nutraceuticals market grew at a slower single-digit growth rate over the review period 2013-2018. The KSA market was evaluated at a growing varying from one product to another. Also, the market has attained maturity for prescription based vitamins and dietary supplements but the potential exists for many functional food and beverage players which can easily make their entry into the FMCG sector. Nutraceutical ingredients have positioned as natural and healthy alternatives to traditional medicine. Baby food remains the most dominant segment of the market and demand for energy drinks was negatively impacted by the imposition of sin tax (100%) and ban of sales in schools and government institutions and a complete ban on advertising. Saudi Arabia Nutraceuticals Market Segmentation Demand for food supplements was slow mainly due to the fact that strict guidelines have been passed to control the misguiding claims regarding health benefits. Popular products are from leading pharma companies who have been operating in Saudi for a very long time. Functional beverages registered a constant increase in revenue from 2013-2015, before registering a minor decline in 2016 due to a ban on advertising on energy drinks and a drastic decline in 2018 due to the imposition of sin tax in 2017. Functional foods are majorly popular among the city population and ex-pats. Fortified products are being promoted as a healthy alternative to traditional food. Comparative Landscape in Saudi Arabia Nutraceuticals Market Functional Foods Market: Major players operating within the country’s functional foods market include Nestle, Almarai, Alsafi Danone, Pepsi, and others who sell functional foods belonging to various segments such as baby food, dairy, confectionery items, breakfast cereal, sweet biscuits, snack bars, and fruit snacks and other segments. Nestle was leading amongst global players and has been an active player in baby food and fortified food market thus, attaining the position of a market leader during 2018. Functional Beverages Market: The functional beverages market in Saudi Arabia is dominated by domestic companies such as Abuljadayel Beverages Limited, ALJSR, and others. Abuljadayel Beverages Limited is the manufacturer of one of the bestselling energy drinks Bison. ALJSR has emerged as leader in the market with Code Red as a major brand. International players also have a major presence in the form of liquid and powder beverages. Tang is very popular in Saudi Arabia and the majority of the sales are registered during the period of Ramadan (a holy month for fasting). International beverage brand such as Pepsi and Coca Cola have a small presence in fortified beverages segment. Vitamins & Dietary Supplements Market: Competition stage within the Saudi Arabia V&D supplements market was witnessed as moderately fragmented with the top 6 players capturing majority more than half of the market revenues during 2018. Pfizer is the biggest company in terms of sales revenue accounting for nearly a fifth of the sales in 2018. It was followed by Bayer Jamjoon and P&G. Jamjoon pharma was the only major domestic players active in vitamins and dietary supplements market of KSA. Saudi Arabia Nutritional Supplements Market Future Outlook and Projections The market revenues are expected to register a positive CAGR during the forecasted period 2019-2023; however, drag will be faced due to a decline in the demand for energy drinks. Expected growth and popularity of this industry can be directly linked along with consumers’ rising inclination towards health and wellness. Rising the shift towards preventive therapies along with rising disposable income have given a boost to the demand for nutraceutical products in the KSA region. As a result of which, several pharmaceutical and nutraceutical companies including FMCG companies are expected to enter this segment/space, realizing that nutraceutical products can be adopted as a perfect substitute for their therapeutic products. Many traditional players are entering the herbal and nutraceutical products market as well which have been gaining popularity in the country. Key Segments Covered:- Vitamins and Dietary Supplements: By Standard and herbal/Traditional Vitamins & Dietary Supplements By Type of Dietary Supplements (Standard/Non-Herbal and Herbal/Traditional) By Positioning of Dietary Supplements (Bone, Joint, Sexual Health, General Health, Immune System, Heart Health, Digestive, Energy and Others) By Distribution Channel (Drugstores/ Parapharmacies, Direct Selling and Internet Selling, Other Healthcare Specialist Retailers, Supermarkets and Hypermarkets) Functional Foods: By Type of Functional Foods (Dairy, Baby Food, Breakfast Cereals, Edible Oil and Confectionary) By Distribution Channel (Hypermarket and Supermarket, Independent and Small Grocery Retailer, and Other Convenience Stores, Online Retailing, Restaurants, Food Kiosks and Others) Functional Beverages: By Product Category (Cold Drinks and Hot Drinks) By Soft Drinks (Energy Drink, FF Concentrates, Sports Drink, and Vegetable/fruit Juice) By Distribution Channel (Hypermarket and Supermarket, Independent and Small Grocery Retailer, and Other Convenience Stores, Online Retailing, Restaurants, Food Kiosks and Others Key Target Audience:- Nutritional Supplements Manufacturers Nutritional Supplements Distributors Nutraceuticals Distributors Government Agencies Vitamins and Dietary Supplements Companies Functional Foods Companies Functional Beverages Companies Hypermarkets and Supermarkets Drug Stores and Pharmacies Chain Online Sales and Retailing Agencies Time Period Captured in the Report:- Historical Period: 2013- 2018 Forecast Period: 2019 -2023 Companies Covered:- Vitamins and Dietary Supplements: Pfizer Inc Bayer AG Vitabiotics Ltd Jamjoom Pharma Procter & Gamble Co, The Laboratoires Arkopharma SA General Nutrition Centers Inc Sanofi Functional Foods:- Nestlé SA Danone, Groupe Almarai Co Ltd RONESCA Abbott Laboratories Inc PepsiCo Inc Functional Beverages:- Abuljadayel Beverages Industries Llc ALJSR Global Co Red Bull GmbH Mondelez International Inc Spitz GesmbH, S Nestlé SA Key Topics Covered in the Report:- Saudi Arabia Nutritional Supplement Market Overview and Genesis Saudi Arabia Nutritional Supplement Market Size Saudi Arabia Nutritional Supplement Market Segmentation Saudi Arabia Vitamins & Dietary Supplements Market Saudi Arabia Functional Foods Market Saudi Arabia Functional Beverages Market Trends and Developments in Saudi Arabia Nutritional Supplement Market Regulations in Saudi Arabia Nutritional Supplement Market Issues and Challenges in Saudi Arabia Nutritional Supplement Market SWOT Analysis of Saudi Arabia Nutritional Supplement Market Entry Barriers of Saudi Arabia Nutritional Supplement Market Saudi Arabia Nutritional Supplement Market Future Projections, 2018-2023E Analyst Recommendations For More Information On The Research Report, Refer To Below Link:- Saudi Arabia Nutraceuticals Market Related Reports by Ken Research:- Singapore Nutraceutical (Vitamin And Dietary Supplements, Functional Food And Beverages) Market Outlook To 2023 – Maturing Market Backed By Demand From Millennials For Multivitamins And Mineral Indonesia Nutritional Supplements Market Outlook To 2023 – By Vitamins (Single Vitamin And Multi-Vitamin) & Herbal And Standard Dietary Supplements (General Health, Beauty, Digestive, Bone, Heart Health, Memory, Joint), Functional Beverages And Functional Food Philippines Nutraceuticals Market Outlook to 2022-Composite Herbal Dietary Ingredients, Ginseng, Garlic and Ginkgo Biloba Based Herbal Supplements will Drive the Growth Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Beauty Dietary Supplement in Saudi Arabia, Dietary Supplement Companies in KSA, Dietary Supplements in Saudi Arabia, Digestive Dietary Supplements Saudi Arabia, Energy Drinks Market Saudi Arabia, Food Kiosks in Saudi Arabia, Functional Food Companies in Saudi Arabia, Functional Foods Growth in Saudi Arabi, GCC Functional Beverage Market, GCC Functional 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