Market Size of Middle East & Africa Nutricosmetics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.93 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Nutricosmetics Market Analysis
The Middle East and African Nutricosmetics market was valued at USD XX million in 2022 and is projected to reach USD XX million by 2028, registering a CAGR of 9.21% over the next five years.
Beauty supplements look promising to treat nutritional deficiencies and support brighter and younger skin, stronger nails, and longer hair with an overall younger appearance. These supplements are offered in different formats such as capsules, powder, liquids, etc. to fulfill individual needs. Middle East and African population are concerned with flawless skin and preventing aging skin. To maintain bright and radiant skin as a symbol of natural beauty, the trend to consume beauty supplements is rising in the region. The demand for beauty supplements is being driven by the rising awareness among consumers that beauty supplements are a convenient way to promote healthy skin without a tedious nightly routine. Skin health supplements are reaching a wider audience with a multitude of benefits with terms like organic, natural, plant-derived, and non-GMO becoming greatly visible in the market. Beauty supplements are a recent trend in the market backed by scientific claims of improving skin elasticity, hydration, and other beauty benefits, further supporting market demand.
Obesity rates have risen rapidly over the past decade in the Middle East and African countries. According to the World Obesity Atlas 2022, 50% of South African women will be obese by 2030. Thus, the rising overweight and obesity instances among the population are to support the consumption of weight management supplements.
