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

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Key Findings of the Study: Egypt Nutraceuticals market

Key Trends in the Egypt Nutraceuticals Market

• Intensifying Customization of Nutraceuticals

With growing consciousness relating to the exceptional perks of nutraceuticals on health, people have shown more inclination towards dietary supplements and functional food products. On top of it, the easy customization of these elements has led to more adoption of nutraceuticals across Egypt. In fact, many consumers are also showing interest in customized offerings, including supplements, diet, & exercise. Moreover, as nutritional supplements are emerging as a crucial intervention in prognostic & proactive health, their demand & acceptance across the nation shall support a steady growth of the nutraceuticals market in the coming years.

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Scope of the Report and Egypt Nutraceuticals Market Segmentation:

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

Here, Functional Food acquired the largest share of the Egypt Nutraceuticals Market in recent years & is anticipated to prevail in its dominance in the coming years.

Egypt Nutraceuticals Market Competitive Landscape

• 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

Egypt Nutraceuticals Market Development:

• In 2023, Affirma Capital and StonePine have collaborated to make an investment of US$20 Million for a minority stake in Nerhadou, one of the largest and fastest-growing nutraceuticals and pharmaceutical players. The idea is to solidify its market position while accelerating the company’s growth plans. With this one being the first joint investment by Affirma Capital and StonePine in Egypt, the venture seeks to broaden Egypt-focused investment strategies and evaluate further investment opportunities there.

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