“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.
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:
https://www.kenresearch.com/healthcare/pharmaceuticals/uae-nutritional-supplements-market/251377-91.html
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