By 2030, it is anticipated that the Egypt Nutrition and Supplements market will reach a value of $2.29 Bn from $1.07 Bn in 2022, growing at a CAGR of 10% during 2022-2030. The nutritional supplements market in Egypt is primarily dominated by local players such as Amoun Pharmaceutical, Pharmed Healthcare, and EVA Pharma. The market for nutrition and supplements in the Egypt is primarily driven by an inclination towards better health infrastructure, government regulations and increasing consumer awareness of health and lifestyle. The Egypt nutrition and supplements market in Egypt is segmented by Type, Product, application, and Distribution Channel.
By 2030, it is anticipated that the Egypt Nutrition and Supplements market will reach a value of $2.29 Bn from $1.07 Bn Mn in 2022, growing at a CAGR of 10% during 2022-30.
Egypt is a developing country in North Africa with a low to middle income that borders the Red Sea and the Mediterranean Sea. Dietary supplements are classified as "food supplements" in Egypt because they are food products that are intended to supplement the normal diet, contain concentrated sources of nutrients (vitamins and minerals) or other components with nutritional and physiological effects alone or in combinations, and are marketed in forms such as solutions, capsules, powders, tablets, capsules, ampoules, drops, or any other similar forms that are designed to be taken in measured doses. Egypt's government spends 4.4 % of its GDP on healthcare.
Market Growth Drivers Analysis
Egypt has a big market with over 100 Mn people, a young and expanding population. The majority of Egypt's nutritional supplements are imported from the United States, the United Arab Emirates, and Vietnam. According to Volza's Egypt Nutrition supplements Buyers & Importers directory, there are 7 active Egypt Nutrition supplements Importers imported from 14 Suppliers. Because of the Suez Canal, Egypt has a favourable geopolitical stance. These aspects could boost Egypt's nutrition and supplement market.
Market Restraints
Poverty (one-third of the population), the low employment rate among young people, and low female participation reduce the purchasing power for supplements. These factors may deter new entrants into the Egypt nutrition and supplement market.
Key Players
The National Food Safety Authority of Egypt was previously in charge of registrations; however, this responsibility has now been moved to the Egypt Medicines Agency (EDA). All food supplements to be sold in Egypt must be registered. Egypt has established maximum levels for various vitamins and minerals in dietary supplements. For example, the maximum amount of vitamin A that can be included in a dietary supplement's daily intake is 10,000 international units.
There is no formal reimbursement structure in Egypt for nutritional supplements and medical meals. The Egyptian government is primarily responsible for the healthcare system, and health services are generally available to all citizens and residents. The availability of nutritional supplements and medicinal foods, on the other hand, may vary depending 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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How Do We Get It?
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1. Secondary Research
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2. Primary Research
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Combining Secondary and Primary Research
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The National Food Safety Authority of Egypt was previously in charge of registrations; however, this responsibility has now been moved to the Egypt Medicines Agency (EDA).
In Egypt, there is no formal payment scheme for nutritional supplements and medicinal foods. The government primarily provides the healthcare system in Egypt, and health services are generally available to all citizens and residents.
The nutritional supplements market in Egypt is primarily dominated by local players such as Amoun Pharmaceutical, Pharmed Healthcare, and EVA Pharma.