UAE Dietary Supplements Market Outlook, By Revenues Figure Figure 1: 1: UAE UAE Dietary Dietary Supplements Supplements Market Market Revenues Revenues (USD (USD Million), Million), 20152015- 2025F 2025F
2015
2016
2017
Revenue: XX%
CAGR
CAGR
Revenue: XX%
2018
2019
2020E
2021F
2022F
2023F
2024F
2025F
Source: MarkNtel Advisors
• The UAE dietary supplements market is driving due to growing awareness about health benefits from supplements and the easy availability for a broad range of dietary supplements available in the country. Moreover, increasing trend of wellness centers among the population, and government initiatives to spread awareness about health is supporting the UAE market to grow from the past few years. The growing aging population would further contribute to the growth of dietary supplements market over the next 5 years. • In the geriatric age, the population is not able to fulfill recommended dietary allowances owing to insufficient dietary intake, which is leading the product demand in the country. In 2019, the geriatric population of the country stood at around 18% of the total population, which is expected to grow to around 29% in the next few decades. Therefore, the need for dietary supplement is set to snowball during the forecast period. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.
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