GCC Bioactive Ingredients Market

GCC Bioactive ingredients Market Overview:

The GCC bioactive ingredients market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Bioactive ingredients are nutritional biomolecules commonly found in small amounts in numerous foods, including nuts, cereals, tea, fruits, and vegetables. They are usually available in different variants, including polyphenols, vitamins, omega-3 fatty acids, carotenoids, glycosylated, esterified, and hydroxylated. They contain essential macro- and micronutrients and anti-inflammatory, anti-microbial, and antioxidant properties. These compounds also possess the ability to control one or more metabolic processes that help maintain health and build a strong immune system. As a result, bioactive ingredients have gained immense traction across the GCC countries as they assist in reducing the risk of numerous chronic diseases, such as diabetes, cancer, and Alzheimer’s.

The GCC bioactive ingredients market is primarily driven by the rising demand for nutraceuticals formulated using these compounds due to the increasing prevalence of lifestyle-related diseases and growing consciousness about individual health and wellness. Moreover, the surging adoption of bioactive ingredients in manufacturing cosmetics and functional food and beverage products due to increasing awareness regarding their benefits is positively influencing the market growth. Additionally, there has been a rise in the use of bioactive ingredients for brewing and distilling processes. In line with this, the escalating demand for alcoholic beverages in the GCC region is another major growth-inducing factor. Besides this, the rising investments in research and development (R&D) activities to introduce innovative product variants, including beta-carotene made from natural bioactive ingredients that help reduce the risk of allergic reactions, have catalyzed market growth. Along with this, continual technological advancements, such as the surging use of microencapsulation to protect bioactive ingredients from oxidation and unwanted reactions, are contributing to market growth. Furthermore, the increasing adoption of organic and natural ingredients and the emerging trend of veganism are propelling the market growth. Other factors, including rapid urbanization and industrialization, inflating consumer disposable incomes, rising adoption of health and wellness food products, and shifting preferences from synthetic to natural beta-carotene, are also anticipated to drive the market further.

GCC Bioactive ingredients Market Segment Insights:

The GCC bioactive ingredients market has been analysed as followed:

Segmentation by Ingredient Type:

• Fibers
• Vitamins
• Omega-3 PUFA
• Minerals
• Carotenoids and Antioxidants
• Probiotics
• Plant Extracts
• Others

Segmentation by Application:

• Dietary Supplements
• Functional Beverages
• Personal Care
• Animal Nutrition
• Others

Segmentation by Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Bioactive ingredients Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC bioactive ingredients market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.