The Mena Nutraceuticals Market, estimated at USD 17.15 Bn in 2025, is expected to exhibit a CAGR of 7.2% and reach USD 27.9 Bn by 2032.
The market growth is driven by increasing demand for innovative and effective drugs across diverse therapeutic areas. Advances in drug discovery, biopharmaceuticals, and digital technologies are improving treatment outcomes and operational efficiency. Supportive regulations, rising R&D investments, and a strong focus on patient-centric care are creating new opportunities for pharmaceutical companies.
The key market players are focused on adopting growth strategies such as product launches, and this is expected to drive the MENA nutraceuticals market growth during the forecast period. For instance, in March 2020, Dubai Energy Drink, a Food and Beverage Services announced the launch of a product energy drink as a functional beverage made in Dubai, and plans to expand across the UAE and go global. The company has been allowed to cater to health trends by allowing for a low-calorie version made from stevia. It is a plant-based sweetener with zero additional calories. However, each serving will have around three calories. Lastly, the company stated that it can manufacture around 1 million cans in a day to cater to the rising demand from the young Emirati students.
MENA Nutraceuticals Market– Impact of Coronavirus (COVID-19) Pandemic
The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China), in the last months of 2019, as "coronavirus disease 2019" or COVID-19. This virus spreads quickly, and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.
COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries such as India, China, Brazil, and others faced problems regarding transportation of drugs from one place to another.
COVID-19 had positive impact on the MENA Nutraceuticals Market, due to the increase in demand of nutraceuticals to fight with the chronic disease which help boost the immunity during the pandemic and post-pandemic. Nutraceuticals have emerged as potential compounds to attenuate the COVID-19 complications. Precisely, these food additives strengthen the overall COVID treatment, and enhance the immunity of a person. For instance, in October 2022, according to an article published by the Journal of Food Biochemistry, nutraceuticals such as probiotics, vitamins, polyunsaturated fatty acids, trace minerals, and medicinal plants are used as potential alternatives to current therapeutic options for the effective management of various diseases including COVID-19.
MENA Nutraceuticals Market: Key Developments
In January 2021, Agthia Group, a UAE-based food and beverages company, announced that the strategic acquisition of a majority stake in Nabil Foods, one of the regional producers of frozen and chilled processed protein products distributed in more than 20 local and international markets.
In December 2020, BioHarvest Sciences Inc., the developer and exclusive owner of the proprietary and patent-protected BioFarming technology, reported that the VINIA nutraceutical e-commerce launch in Israel's first full month of November had sales orders that were more than expected, totaling US$ 101,000.
In March 2021, BioHarvest Sciences Inc., the developer and exclusive owner of the proprietary and patent-protected BioFarming technology, received approval from the Ministry of Health in Israel to include VINIA, its proprietary red grape cell product, in a health snack bar.