UAE Nutritional Supplement Market will be Driven by Increasing Consumer Spending Coupled with Rising Healthcare Awareness among people in the Country: Ken Research

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“As the health awareness is increasing in the UAE, the membership in fitness centers have grown at a CAGR of 8.8% during 2012-2017 with membership reaching to approximately 533 Thousand in 2017. Rising awareness of people towards fitness has driven the market for the nutritional supplements in the UAE”

The report titled UAE Nutritional Supplements Market Outlook to 2023 – by Vitamins & Dietary Supplements (Protein Supplements, Non-Herbal Dietary Supplements Composites, Fish Oils/Omega Fatty Acids, Glucosamine, Co-Enzyme Q 10,  Herbal Dietary Supplements Composites, Yeast, Garlic, Ginko Biloba), Functional Foods (Dairy, Baby Food, Breakfast Cereals, Cooking Oil Confectionary, Sweet Biscuits, Snack Bars and Fruit Snacks) and Functional Beverages (Energy Drink, FF Concentrates, Sports Drink, and Bottled Water)By Ken Research suggested that the nutritional supplement market in UAE has been increasing due to rising government initiatives, introduction of new product offerings which are innovative and have scientifically-proven benefits, uses natural ingredients, market promotions, practicing compliant marketing. The market is expected to register a positive CAGR of 2.7% in terms of revenue during the forecast period 2018-2023E.

UAE Nutritional Supplements Market

Rise in Chronic Diseases and Lifestyle Changes: The people are adapting to the fast paced lifestyle and trying to cope with stress caused due to the change in lifestyle which has resulted in increase in the cases of chronic diseases in the region. It has been observed that the four most common health problems in the UAE are Cancer, Diabetes, Autism and Genetic Disorders. As per the UAE government, approximately 4,500 new cases of cancer are reported in the UAE each year and was the third leading cause of death in the Abu Dhabi in the year 2012. The government of UAE has aim of reducing the cancer fatalities by 18% by the year 2021. Diabetes is another one of the major diseases in the UAE and as of 2014, 19.0% of the population between the age group of 20-79 years were affected with the disease. The government has an aim of reducing this number to 16.2% by the year 2021.

Implementation of VAT and Excise Duty: The UAE government has made significant changes in the tax structure of the products present in the UAE market. In October 2017, the government implemented 100% Excise Tax on the Energy Drinks. Then, 3 months later from January 2018, 5% VAT was implemented in the UAE. This has resulted in a negative impact on the products, due to which consumer spending decreased to some extent as product prices were increased in the market.

Deficiency of Vitamin D: As per a survey in the UAE, it was concluded that over 90% of the population in the UAE suffered from deficiency of Vitamin D. In order to combat this situation, the government has started different programs in order to educate consumers about the different sources of Vitamin D and how they can maintain a balance of required vitamins and dietary supplements. The government has also asked various food and beverage companies to introduce different fortified juices, milk and other dairy products with the vitamin D in order to improve the current situation of the people in UAE.

Keywords

UAE Nutritional Supplements Market

UAE Functional Food Market

UAE Functional Beverage Market

UAE Vitamins and Dietary Supplements Market

GCC Nutritional Supplements Market

GCC Functional Food Market

GCC Functional Beverage Market

GCC Vitamins and Dietary Supplements Market

Middle East Nutritional Supplements Market

Middle East Functional Food Market

Middle East Functional Beverage Market

Middle East Dietary Supplements Market

UAE Nutritional Supplements Regulations

UAE Nutraceuticals Market

UAE Nutraceutical Government Regulations

UAE Online Nutritional Supplements Sales

Companies in the UAE Nutritional Supplements

International Companies in UAE Nutritional Supplements

UAE Baby food market

UAE Functional Dairy Market

UAE Reduced Fat Milk Market

UAE Nutritional Supplements Distribution Market

UAE Functional food Supermarket Sales

UAE Functional beverages Supermarket Sales

Market Share of UAE Functional Food Companies

Competition of UAE Functional Food Companies

Company Nestle SA Middle East

Company Pfizer Inc Middle EAST

Future UAE Functional food market

Functional Beverages Market UAE

UAE Functional Beverages Supermarket Sales

Market Share UAE Functional Beverages Companies

UAE Functional Beverages Companies

UAE Sports Drink Market

UAE Fruit/Vegetable Drink Market

UAE Vitamin/Multivitamin Supplements Market

UAE Functional Soft Drink market

UAE Hot drink Market

UAE Energy Drinks Market

Company Otsuka Holdings Co Ltd Middle East

Company Sapporo Holding Ltd Middle East

Vitamins Market UAE

Dietary Supplements Market UAE

Herbal Vitamins Market UAE

Single Vitamins Market UAE

Multivitamins Market UAE

Ginseng Dietary Supplement Market UAE

Bone Dietary Supplement Market UAE

Digestive Dietary Supplement Market UAE

Beauty Dietary Supplement Market UAE

BAYER AG Middle East Nutritional Supplement Sales

Vitabiotic Ltd Middle East Sales UAE

Vitamins Market Future UAE

Key Segments Covered

Vitamins and Dietary Supplements:

By Standard and herbal/Traditional Vitamins & Dietary Supplements

By Age Group (Infants, Teenage, Adult, Seniors)

By Single Vitamins and Multivitamins

By Type of Dietary Supplements (Standard/Non-Herbal and Herbal/Traditional)

By Type of Non- Herbal/ Traditional Dietary Supplements (Protein Supplements, Combination of Non-Herbal Dietary Supplements, Fish Oils/Omega Fatty Acids, Glucosamine, Co-Enzyme Q 10 and Others)

By Type of Herbal/Traditional Dietary Supplements (Combination Herbal Dietary Supplements, Yeast, Garlic, Ginko Biloba and Others)

By Positioning of Dietary Supplements (Beauty, Digestive, Bone, Heart Health, Memory Health, Joint, General Health and Others)

By Distribution Channel (Hypermarkets, Supermarkets, Pharmacies/Chemists, Department Stores, Drugstores/Para pharmacies, Internet Retailing and Direct Selling, 2013-2018

Functional Foods:

By Type of Functional Foods (Dairy, Baby Food, Breakfast Cereals, Cooking Oil Confectionary, Sweet Biscuits, Snack Bars and Fruit Snacks)

By Type of Dairy Products (Dairy Based Yoghurt, Milk, Powdered Milk)

By Type of Dairy Based Yoghurt (Standard Fats and Reduced Fat)

By Distribution Channel (Hypermarkets, Supermarkets, Convenience Stores and Independent Small Grocers), 2013-2018

Functional Beverages:

By Product Category (FF Soft Drinks and FF Hot Drinks)

By Type of Soft Drinks (Energy Drink, FF Concentrates, Sports Drink, and Bottled Water)

By Distribution Channel (Hypermarkets, Independent Small Grocers, Supermarkets, Convenience Stores, Forecourt Retailers, Vending and Other Grocery Retailers), 2013- 2018

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: 2019E – 2023E

Companies Covered:

Vitamins and Dietary Supplements:

Pfizer Inc

Bayer AG

Vitabiotics Ltd

Sanofi

The Nature’s Bounty Company

Now Foods Inc

Otsuka Holdings Co Ltd

Functional Foods:

Nestle SA

Danone Groupe

Kellogg Company

Al Rawabi Dairy Company

IFFCCO Group

Abbott Laboratories Inc

Mars Inc

Marmum Dairy Farm LLC

Functional Beverages:

Redbull GmbH

Sapporo Holdings Ltd

Otsuka Holding Company Ltd

MondelezInc

S Spitz GmbH

Monster Beverage Corp

Key Topics Covered in the Report

UAE Nutritional Supplement Market Overview and Genesis

UAE Nutritional Supplement Market Size

UAE Nutritional Supplement Market Segmentation

UAE Vitamins & Dietary Supplements Market

UAE Functional Foods Market

UAE Functional Beverages Market

Trends and Developments in UAE Nutritional Supplement Market

Regulations in UAE Nutritional Supplement Market

Issues and Challenges in UAE Nutritional Supplement Market

SWOT Analysis of UAE Nutritional Supplement Market

Entry Barriers of UAE Nutritional Supplement Market

UAE Nutritional Supplement Market Future Projections, 2018-2023E

Analyst Recommendations

For more information on the research report, refer to below link:

UAE Nutritional Supplements Market Research Report

Related Reports:

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

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

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