Oman dietary supplements market is anticipated to grow significantly rate in the projected period of 2028 due increasing awareness about the importance of maintaining a healthy lifestyle
Dietary supplements are products that are intended to supplement the diet and provide additional nutrients or other beneficial substances. They can include vitamins, minerals, herbal extracts, and other natural compounds. While they are not intended to replace a healthy diet, they can be a useful addition for people who are looking to support their health and wellbeing. The primary factors driving the growth of the Oman dietary supplements market is the increasing awareness about the importance of maintaining a healthy lifestyle and availability of products which can help in maintaining a healthy lifestyle. Apart from these government efforts or policies on people health are expected to increase the demand of the dietary supplements market in Oman.
Increasing Awareness about the Importance of Maintaining a Healthy Lifestyle
The increasing awareness about the importance of maintaining a healthy lifestyle has had a significant impact on the dietary supplement market in Oman. As people become more aware of the benefits of healthy habits, there has been a growing demand for dietary supplements that can support overall health and wellbeing.
In Oman, the dietary supplement market has grown at rapid pace in recent years. The market is driven by numerous factors, including the growing urge to maintain healthy lifestyles, especially after the sudden outbreak and spread of pandemic COVID-19 which has highlighted the importance of immunity for prevention against different infections and the need of dietary supplements in maintaining immunity. Additionally, the Omani government has implemented several initiatives to promote healthy living, including campaigns to encourage regular exercise and healthy eating. The most popular dietary supplements in Oman are vitamins and minerals, which are often taken to address specific health concerns such as deficiencies or chronic conditions. Herbal supplements are also becoming increasingly popular, as people look for natural alternatives to traditional medicines.
Emergence of E-Commerce Platforms
One of the key trends in the Oman dietary supplement market is the rise of e-commerce. Online platforms have made it easier for consumers to access a wide range of products, including dietary supplements. This has led to increased competition among supplement manufacturers, with companies vying for market share through price, quality, and innovation. Additionally, increasing internet penetration and increasing number of smart phone users is further increasing the traction towards e-commerce, thereby supporting the sales of dietary supplements through online channels. This in turn is expected to support the growth of Oman dietary supplements market in the coming years. Despite the growth of the dietary supplement market in Oman, it is important for consumers to exercise caution when selecting products. While dietary supplements can be a useful addition to a healthy lifestyle, they are not regulated in the same way as pharmaceuticals. This means that it is important to select products from reputable manufacturers who have a proven track record of safety and efficacy.
Growing Geriatric population and Chronic Diseases
According to World Health Organization, in 2020 Coronary Heart Disease Deaths in Oman reached 5,287 or 35.65% of total deaths. The age adjusted Death Rate was 301.95 per 100,000 of population ranks Oman #5 in the world.
Growing Popularity of Herbal Supplements
Oman dietary supplements market is driven by the growing popularity of natural and herbal supplements. People are increasingly turning to natural and herbal supplements to promote better health and reduce the risk of chronic diseases. Herbal supplements such as turmeric, ginger, and garlic are believed to have anti-inflammatory and antioxidant properties, which can help to reduce the risk of chronic diseases.
Market Segmentation
Oman dietary supplements market
Company Profiles
Nature's Way, Amway Corp., Pfizer Gulf FZ LLC, Abbott Laboratories, Inc., Herbalife Nutrition, Nestle S.A.,
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, Company share, competitive landscape, growth factors, and trends |
Segments covered | Product Type Form Distribution Channel Application End User |
Regional scope | Muscat, Dhofar, Al Wusta, A'Sharqiyah, Rest of Oman |
Key companies profiled | Nature's Way, Amway Corp., Pfizer Gulf FZ LLC, Abbott Laboratories, Inc., Herbalife Nutrition, Nestle S.A., Oman Pharmaceutical Products Co. LLC (OPP). |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |