Egypt Nutraceuticals Market Comprehensive Analysis and Forecast 2023 to 2028

Egypt Nutraceuticals Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The Egypt Nutraceuticals Market is projected to grow at a CAGR of around 11.11% during the forecast period, i.e., 2023-28. The Egypt Nutraceuticals Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Egypt Nutraceuticals Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Egypt Nutraceuticals Market drivers, barriers, Egypt Nutraceuticals Market Trends, and Key Players in Egypt Nutraceuticals Market.
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Egypt Nutraceuticals Market Dynamics: 2023-2028
Market Dynamics
Possible Restraint: Notable Side Effects and Associated Higher Cost
Although nutraceuticals offer a range of health benefits, it also has proven instance of side effects. According to the U.S. Food and Drug Administration (FDA), rashes, shortness of breath, diarrhea, severe joint or muscle pain, slurred speech, and blood in the urine are the possible side effects that can result from supplement use. Likewise, the National Institutes of Health’s (NIH) Office of Dietary Supplements observed, the supplements, which do not comply with the same federal approval standards as over-the-counter and prescription drugs, despite their widespread use, contain active ingredients that can have notable effects on the body. The considerable side effects, coupled with the higher cost associated with the product, are likely to pose a threat to the nutraceuticals market and may hinder market growth in the coming years.
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Egypt Nutraceuticals Market (2023-30): Segmentation Outlook
The market report has segmented the market into the following categories:
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.
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Top Companies Operating in the Egypt Nutraceuticals Market:
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.
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