Qatar Nutritional Supplements Market Analysis

Qatar Nutritional Supplements Market Analysis


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By 2030, it is anticipated that the Qatar Nutrition and Supplements market will reach a value of $xx Bn from $1.53 Bn Mn in 2022, growing at a CAGR of xx% during 2022-2030. The nutritional supplements market in Qatar is primarily dominated by local players such as Health Plus, Botanic Supplements, and BIOVEA Qatar. The market for nutrition and supplements in Qatar is primarily driven by an inclination towards better health infrastructure, government regulations and increasing consumer awareness of health and lifestyle. The Qatar nutrition and supplements market in Qatar is segmented by Type, Product, application, and Distribution Channel.

ID: IN10QAON002 CATEGORY: OTC & Nutraceuticals GEOGRAPHY: Qatar AUTHOR: Dr. Vishwa Modhia

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Qatar Nutrition and Supplements Market Analysis Summary

By 2030, it is anticipated that the Qatar Nutrition and Supplements market will reach a value of $xx Bn from $1.53 Bn Mn in 2022, growing at a CAGR of xx% during 2022-30.

Qatar is a high-income, emerging Middle Eastern country that occupies the Qatar Peninsula on the wider Arabian Peninsula. The dietary supplement business in Qatar is expanding rapidly, with sales expected to increase by 8.3 % by 2020. Vitamins and minerals are the most common supplement categories in Qatar, followed by herbal and traditional supplements.

According to a survey conducted in Qatar, the proportion of students who had ever used supplements was higher in girls (56.5 %) than in boys. The top two reasons given by respondents for consuming supplements were that they were safe to consume and that they avoided illness. Qatar's government spends 4.2 % of its GDP on healthcare.

Qatar Nutrition and Supplements Market Analysis

Market Dynamics

Market Growth Drivers Analysis

Qatar has a well-established regulatory framework for nutrition and supplement laws, and the country has a great track record of assuring the safety and quality of food and dietary supplements offered in its market. Athletes and other athletes are increasingly using nutritional supplements. According to a poll of professional football players in the country, 81% of players use supplements. These aspects could boost Qatar's nutrition and supplement market.

Market Restraints

An unstable political and economic outlook, as well as a turbulent business environment, can all have an impact on company payment behaviour. The geopolitical instability caused by the Qatar-GCC crisis is pervasive throughout Qatar. These factors may deter new entrants into the Qatar nutrition and supplement market.

Competitive Landscape

Key Players

  • BIOVEA Qatar (QAT)
  • Botanic Supplements (QAT)
  • Health Plus (QAT)
  • Al Danah Medical (QAT)
  • GNC
  • GlaxoSmithKline

Healthcare Policies and Reimbursement Scenarios

The Ministry of Public Health is the regulatory authority in Qatar in charge of nutrition and supplement legislation (MOPH). The Ministry of Public Health is in charge of ensuring the safety and quality of food and dietary supplements sold in Qatar. Setting standards for the content, labelling, and advertising of food and dietary supplements, as well as conducting inspections and enforcing rules, are all part of the job. Aside from the MOPH, the Qatar General Organization for Standards and Metrology (QS) regulates nutrition and supplement goods in Qatar.

There is no established payment structure in Qatar for nutritional supplements and therapeutic foods. Qatar's healthcare system is mostly provided by the government, and health services are generally available to all citizens and residents. 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

Nutritional Supplements Market Segmentation

The Nutritional Supplements Market is segmented as mentioned below:

By Product (Revenue, USD Billion):

  • Sports Nutrition
    • Sports Food
    • Sports Drinks
    • Sports Supplements
  • Fat Burners
    • Green Tea
    • Fiber
    • Protein
    • Green Coffee
    • Others (Turmeric, Ginseng, Cranberry, Garcinia Cambogia)?
  • Dietary Supplements
    • Vitamins
    • Minerals
    • Enzymes
    • Amino Acids
    • Conjugated Linoleic Acids
  • Functional Foods
    • Probiotics
    • Omega-3
    • Others

By Consumer Group (Revenue, USD Billion):

  • Infant
  • Children
  • Adults
  • Pregnant
  • Geriatric

By Formulation (Revenue, USD Billion):

  • Tablets
  • Capsules
  • Powder
  • Softgels
  • Liquid
  • Others

By Delivery Channel (Revenue, USD Billion):

  • Chemists/Pharmacists
  • Direct-to-Consumer Sales
  • E-commerce

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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The Ministry of Public Health is the regulatory authority in Qatar in charge of nutrition and supplement legislation (MOPH).

In Qatar, there is no formal payment scheme for nutritional supplements and medicinal foods. The government primarily provides the healthcare system in Qatar, and health services are generally available to all citizens and residents.

The nutritional supplements market in Qatar is primarily dominated by local players such as Health Plus, Botanic Supplements, and BIOVEA Qatar.


This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
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Last updated on: 08 June 2023
Updated by: Vidhi Upadhyay

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