By 2030, it is anticipated that the Algeria Nutrition and Supplements market will reach a value of $xx Mn from $763 Mn in 2022, growing at a CAGR of xx% during 2022-2030. The nutritional supplements market in Algeria is primarily dominated by local players such as Novapharm, Kalys Pharma, and MS Pharma. The market for nutrition and supplements in Algeria is primarily driven by an inclination towards better health infrastructure, government regulations and increasing consumer awareness of health and lifestyle. The Algeria nutrition and supplements market in Algeria is segmented by Type, Product, application, and Distribution Channel.
By 2030, it is anticipated that the Algeria Nutrition and Supplements market will reach a value of $xx Mn from $763 Mn in 2022, growing at a CAGR of xx% during 2022-30.
Algeria is an upper middle-income developing country located in Northern Africa bordering the Mediterranean Sea. The World Food Programme (WFP) assists in addressing malnourishment, which is a problem, particularly for Sahrawi refugees in Algeria. Fortunately, the World Food Programme served 138,421 people in Algeria in 2021 alone, providing approximately a million dollars in cash-based food aid. Vitamins (50 %), minerals (28 %), and herbal products were the most often utilised supplements in Algeria (13 %).
Malnutrition fatalities in Algeria totalled 82, or 0.04 % of total deaths, according to the most recent WHO data published in 2020. Algeria is one of the most populous and largest countries in North Africa. Algeria, like any other country, is not ideal; the upper-middle-income country has a poverty rate of 14.6 %. Algeria's government spends 6.3 % of its GDP on healthcare.
Market Growth Drivers Analysis
There is an increase in the intake of nutritional supplements among Algerians. According to a 2020 poll, 42.3 % of Algerian people reported consuming dietary supplements. Algeria benefits from a favourable geographical location because it is close to the European market. These aspects could boost Algeria's nutrition and supplement market.
Market Restraints
Algeria's business environment is challenging due to bureaucratic red tape and other reasons such as corruption, financial sector inefficiencies, and an unstable business environment. These factors may deter new entrants into the Algeria nutrition and supplement market.
Key Players
The Ministry of Health, Population, and Hospital Reform regulate nutritional supplements in Algeria. The Ministry guarantees that nutritional supplements sold in Algeria are safe, appropriately labelled, and do not make deceptive promises. The Ministry of Health, Population, and Hospital Reform regulates the use of health claims on dietary supplement products. Companies are required to produce scientific proof to back up any health claims made about their products.
In Algeria, there is no established reimbursement mechanism for nutritional supplements and medicinal meals. The Algerian government is primarily responsible for the healthcare system, and most citizens and residents have access to healthcare. However, the availability of nutritional supplements and medicinal meals may vary based on the product and the medical condition.
1. Executive Summary
1.1 Product Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Government Regulation in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel and Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
6. Methodology and Scope
The Nutritional Supplements Market is segmented as mentioned below:
By Product (Revenue, USD Billion):
By Consumer Group (Revenue, USD Billion):
By Formulation (Revenue, USD Billion):
By Delivery Channel (Revenue, USD Billion):
Methodology for Database Creation
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1. Secondary Research
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Combining Secondary and Primary Research
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The Ministry of Health, Population, and Hospital Reform regulate nutritional supplements in Algeria.
In Algeria, there is no formal payment scheme for nutritional supplements and medicinal foods. The government primarily provides the healthcare system in Algeria, and health services are generally available to all citizens and residents.
The nutritional supplements market in Algeria is primarily dominated by local players such as Novapharm, Kalys Pharma, and MS Pharma.