MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Maternal Supplements Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Saudi Arabia Maternal Supplements Market (2024-2030)
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.
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What is driving the Saudi Arabia Maternal Supplements Market?
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.
What segments define the Saudi Arabia Maternal Supplements Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Type
(Multivitamins, Vitamins [Vitamin D, Vitamin B, Others], Folic Acid, Omega-3, Calcium, Iron, Others),
By Form
(Tablets & Capsules, Powder, Liquid),
By Stage
(Preconception, Prenatal, Postpartum),
By Distribution Channel
(Offline [Pharmacy, Others], Online)
By Region
(West, South, Central, East)
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Who are the leading key players shaping the Saudi Arabia Maternal Supplements Market landscape?
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
Questions Addressed in this Study
1.What factors are driving the Saudi Arabia Maternal Supplements Market growth?
2.How is the Saudi Arabia Maternal Supplements Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Saudi Arabia Maternal Supplements Market?
4.What is the current size of the Saudi Arabia Maternal Supplements Market, and how is it projected to change in the future?
6.What is the future outlook for the Saudi Arabia Maternal Supplements Market in terms of technological advancements and market expansion?
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