UAE Nutraceuticals Market Research Report, 2027

The term nutritional is a term derived from nutrition and pharmaceutics. The term is stated for products that are outlying from herbal products, dietary supplements (nutrients), specific diets, and processed foods such as cereals, soups, and beverages that, other than nutrition, are also used as medicine. The nutraceuticals are also known as bio-ceuticals, which are the alternatives to pharmaceuticals which claim physiological benefits. According to medicine net, a nutraceutical can be a nutrient-rich food, a medicinally active food, or a specific component of a specific food. Moreover, Vitamin D is one of the most pivotal nutraceuticals whose active metabolite, calcitriol (1,25-dihydroxyvitamin D3), possesses anti-proliferative, pro-apoptotic, and pro-differentiating capabilities. The nutraceutical market is booming at present because of the changes in food patterns that consumers come into contact with. According to the Actual Market Research report title, "UAE Nutraceutical Market Overview, 2027," the UAE nutraceutical market is expected to grow at a CAGR of more than 8%. The UAE nutraceutical market is examined into various segments like dietary supplements, functional foods, and functional beverages. Functional foods show the highest market attractiveness index. Overall, the UAE nutraceutical market is driven by the increase in health consciousness. People have become more health-conscious because of the spread of novel coronaviruses. The pandemic outbreak led many people to stay indoors and almost every business was stopped. People were preparing food. During this time, the logistics support and selling through online websites created a better market for the nutraceutical companies to operate in any conditions. However, by product type, functional foods are expected to show the higher market attractiveness index with a CAGR of more than 8%. As consumers shifted their preference towards the consumption of essential nutrients to remain healthy and avoid medical expenses, Moreover, government spending on healthcare for the avoidance of diseases arising from obesity and cholesterol has increased, and governments are heavily promoting the consumption of fortified or functional foods. However, the demand also increases because of the demand for yogurt, which is one of the leading products throughout Ramzan. Furthermore, the UAE nutraceutical market has been segmented into dietary supplement types where vitamins have the dominating market attractiveness of around a CAGR of more than 7%. The vitamin market is expanding due to increased awareness of health-related issues such as diabetes, hypertension, and cardiovascular diseases, as well as an increasing emphasis on proper training and nutrition intake for a healthy lifestyle.The prevalence of vitamin D also drives the market growth for vitamin dietary supplements. Furthermore, the growing government emphasis on spreading health awareness is expected to drive growth. The increase in obesity rates and the less time spent going out because of the hot climate, the nation is suffering from vitamin D deficiency. The functional beverage type is further divided into energy drinks, sports drinks, fortified drinks, dairy and dairy alternative beverages, etc. The dairy and dairy alternatives market is the fastest growing of these. Citizens are increasingly demanding dairy alternatives such as plant-based milk of the nutritional facts that it continues to provide. Moreover, energy drinks show the highest market attractiveness, with a CAGR of more than 9%. Teenagers and young adults are the primary consumers of the energy drink in the country. However, the increase in fitness centres and the rise in young adults' population drive the market for energy drinks. In addition, the functional food market is divided into bakery and cereals, dairy products, meat, fish, and eggs, soy products, and fats and oils. Dairy products show the higher market attractiveness index with a CAGR of more than 7%. The dairy products market is being driven by rising per capita milk consumption, an increasing population, and the increasing demand for a nutrient-rich diet. This is speedily driving the growth of the market. Moreover, the soy product market is one of the fastest growing markets as the demand for soy milk is increasing. Soy milk is one of the soy products that benefits from having support for healthy muscles and organs. Considered in this report • Geography: UAE • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • UAE dietary supplements • by supplement type market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Based on by product type in the report: • Dietary supplement • Functional foods • Functional beverages Based on by Dietary Supplement type in the report: • Vitamins • Minerals • Botanicals • Amino acids/ protein • Probiotics • Other type Based on by functional beverages type market in the report: • Energy drinks • Sports drinks • Fortified juice • Dairy and Dairy alternatives • Other functional beverages Based on by other functional food type market in the report: • Bakery and cereals • Dairy products • Meat, Fish & Eggs • Soy products • Fats & Oils • Other functional foods The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to medical industry, dietary supplement manufacturers, suppliers, associations & organizations related to nutraceutical supplements market, trends and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.