Egypt Nutraceuticals Market Poised for Robust Growth, Forecasted to Expand at 11.11% CAGR from 2023-28

MarkNtel Advisors has released its latest report highlighting strong growth in The Egypt Nutraceuticals Market is projected to grow at a CAGR of around 11.11% during the forecast period, i.e., 2023-28.

Report Coverage

This report offers a comprehensive analysis of the Egypt Nutraceuticals Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2022
• Forecast Years: 2023-28
• Historical Years: 2018-21

Egypt Nutraceuticals Market Overview

The major factors responsible for this market growth included the expansion of research laboratories across China and increasing R&D investments in the country. In recent years, the country has been largely facing geopolitical tensions, which have been impacting its economic growth. Hence, observing these impacts on economic growth, the government of China has initiated aligning its spending toward research & development, to become a technological powerhouse across the globe.

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Egypt Nutraceuticals Market Segmentation Outlook

The Egypt Nutraceuticals is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product Type

• Dietary Supplements
  • Proteins & Peptides
  • Vitamins & Minerals
  • Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, And Phytochemicals)
  • Others (Fatty Acids and Fiber)
• Functional Foods
  • Probiotics Fortified Food
  • Omega Fatty Acid Fortified Food
  • Branded Ionized Salt
  • Branded Wheat Flour
  • Others
• Functional Beverages
  • Fruit & Vegetable Juices and Drinks
  • Dairy & Dairy Alternative Drinks
  • Non-Carbonated Drinks (Bottled Water, Tea, And Coffee)
  • Other (Herbal Tea, Sports Drinks, And Energy Drinks)

By Source

• Plant
• Animal
• Microbial

By Form

• Tablets & Capsules
• Gummies & Soft Gels
• Powder & Liquid

By Sales Channel

• Offline Store-Based
  • Supermarkets & Hypermarkets
  • Specialty Stores
• Online

Egypt Nutraceuticals Market Trend

Intensifying Customization of Nutraceuticals- With growing consciousness relating to the exceptional perks of nutraceuticals on health, people have shown more inclination towards dietary supplements and functional food products. On top of it, the easy customization of these elements has led to more adoption of nutraceuticals across Egypt. In fact, many consumers are also showing interest in customized offerings, including supplements, diet, & exercise. Moreover, as nutritional supplements are emerging as a crucial intervention in prognostic & proactive health, their demand & acceptance across the nation shall support a steady growth of the nutraceuticals market in the coming years.

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Top Egypt Nutraceuticals Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Bayer Middle East FZE, Vitabiotics Ltd, Nestlé Egypt S.A.E, Danone Egypt, BASF FZE, Torrent Pharma, Juhayna Food Industries, NPMT, PepsiCo Inc, Nerhadou International Others as key players shaping the market landscape.

Egypt Nutraceuticals Market News

• In 2023, Affirma Capital and StonePine have collaborated to make an investment of US$20 Million for a minority stake in Nerhadou, one of the largest and fastest-growing nutraceuticals and pharmaceutical players. The idea is to solidify its market position while accelerating the company’s growth plans. With this one being the first joint investment by Affirma Capital and StonePine in Egypt, the venture seeks to broaden Egypt-focused investment strategies and evaluate further investment opportunities there.

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2028?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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