The Egypt Nutraceuticals Market is projected to grow at a CAGR of around 11.11% during the forecast period, i.e., 2023-28.                              

Egypt Nutraceuticals Market Driver:

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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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Egypt Nutraceuticals Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

• 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   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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