MarkNtel Advisors recently published a detailed industry analysis of the Global Saudi Arabia Maternal Supplements Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Saudi Arabia Maternal Supplements Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Saudi Arabia Maternal Supplements Market size was valued at USD 78.79 million in 2023 and is projected to reach USD 123.12 million by 2030. The market is also estimated to grow at a CAGR of around 5.78% during the forecast period, i.e., 2024-30.
Key Findings in Global Saudi Arabia Maternal Supplements Market:
- Historical Analysis: 2019–2022
- Base Year: 2023
- Forecast Period: 2024–2030
Leading Market Players- Abbott Laboratories S.A., Bayer AG, Nestle Middle East FZE, New Chapter Inc., GNC Middle East, MegaFood, Haleon Plc, Thorne Research Inc., Smarty Pants (US Health & Wellbeing, LLC), Vitabiotics and others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Saudi Arabia Maternal Supplements industry?
Rising Working Women Population to Drive the Demand for Maternal Supplements– Saudi Arabia is showcasing significant improvement in female education attainment rates and social liberalization. In line with this, the proportion of women in the workforce is significantly growing in the country. In addition to this, the ongoing economic diversification of Saudi’s economy is remarkably increasing the inflow of foreign direct investment. This in turn has boosted the number of business establishments in the country, which is providing substantial employment opportunities to the female population. Working females often have busy schedules and job-related stress, due to which they are not able to focus on balanced diets with adequate nutrition. In turn, these working women during their initial phases of pregnancy when they have to continue working, integrate maternal supplements into their diets.
Thus, the increasing demand for food supplementation from working women is enhancing the market size of maternal supplements in Saudi Arabia. The government is further planning to increase the women’s workforce in the private sector to 3 million by 2030, thereby increasing overall female participation in the labor force to 30% during the same timeline. In this way, the working women population would continue to surge. Consequently, the demand for maternal supplements to manage the nutritional needs of working women during pregnancy would see a boost during the forecast period.
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What segments define the Global Saudi Arabia Maternal Supplements Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Multivitamins- Market Size & Forecast 2019-2030, USD Million
- Vitamins- Market Size & Forecast 2019-2030, USD Million
- Vitamin D
- Vitamin B
- Others
- Folic Acid- Market Size & Forecast 2019-2030, USD Million
- Omega-3- Market Size & Forecast 2019-2030, USD Million
- Calcium- Market Size & Forecast 2019-2030, USD Million
- Iron- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
According to report, The Omega 3 fatty acids category is expected to register with a considerable market share in the Saudi Arabia maternal supplements market.
By Form
- Tablets & Capsules- Market Size & Forecast 2019-2030, USD Million
- Powder- Market Size & Forecast 2019-2030, USD Million
- Liquid- Market Size & Forecast 2019-2030, USD Million
By Stage
- Preconception- Market Size & Forecast 2019-2030, USD Million
- Prenatal- Market Size & Forecast 2019-2030, USD Million
- Postpartum- Market Size & Forecast 2019-2030, USD Million
According to report, Among them, the demand for prenatal maternal supplements has showcased a significant growth rate of 15.42% during 2019-23.
By Distribution Channel
- Offline- Market Size & Forecast 2019-2030, USD Million
- Pharmacy
- Others
- Online- Market Size & Forecast 2019-2030, USD Million
Explore the Complete Global Saudi Arabia Maternal Supplements Market Analysis Report – https://www.marknteladvisors.com/research-library/saudi-arabia-maternal-supplements-market.html
Geographical Analysis: Global Saudi Arabia Maternal Supplements Market
By Region
- Central
- East
- West
- South
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Saudi Arabia Maternal Supplements Market?
- How is the Global Saudi Arabia Maternal Supplements Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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