Saudi Arabia Plant Based Protein Supplements Market Size & Outlook
The plant based protein supplements market in Saudi Arabia is expected to reach a projected revenue of US$ 38.2 million by 2030. A compound annual growth rate of 9.3% is expected of Saudi Arabia plant based protein supplements market from 2024 to 2030.
- Food Beverages & Tobacco
- Supplements & Nutrition
- Plant Based Protein Supplements Market Outlook
- Supplements & Nutrition
Revenue, 2023 (US$M)
$20.5
Forecast, 2030 (US$M)
$38.2
CAGR, 2024 - 2030
9.3%
Report Coverage
Saudi Arabia
Saudi Arabia Plant Based Protein Supplements Market, 2017-2030 (US$M)
Global Market
Related Markets
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Saudi Arabia plant based protein supplements market highlights
- The Saudi Arabia plant based protein supplements market generated a revenue of USD 20.5 million in 2023 and is expected to reach USD 38.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, soy was the largest revenue generating raw material in 2023.
- Hemp is the most lucrative raw material segment registering the fastest growth during the forecast period.
Plant based protein supplements market data book summary
| Market revenue in 2023 | USD 20.5 million |
| Market revenue in 2030 | USD 38.2 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Soy |
| Fastest growing segment | Hemp |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Spirulina, Pumkin Seed, Wheat, Hemp, Rice, Pea |
| Key market players worldwide | Glanbia PLC, AMCO Proteins, NOW Foods, Nestle SA, MusclePharm Corp, Abbott Laboratories, Transparent Labs, Quest Nutrition, Iovate Health Sciences International, Nutrabolt |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global plant based protein supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia plant based protein supplements market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 38.2 million by 2030.
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Plant Based Protein Supplements Market Scope
Plant Based Protein Supplements Market segmentation & scope
Plant Based Protein Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Nestle SA | View profile | 270,000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | www.nestle.com |
| Glanbia PLC | View profile | 5,534 | Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 | www.glanbia.com |
| MusclePharm Corp | View profile | 21 | 6728 W. Sunset Road, Suite 130, Las Vegas, NV, United States, 89118 | www.musclepharmcorp.com |
| Iovate Health Sciences International | View profile | 251-500 | Oakville, Ontario, Canada, North America | www.iovate.com/ |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | www.nowfoods.com |
| AMCO Proteins | View profile | 101-250 | Burlington, New Jersey, United States, North America | www.amcoproteins.com |
| Transparent Labs | View profile | 11-50 | New York, New York, United States, North America | www.transparentlabs.com |
| Nutrabolt | View profile | 251-500 | Austin, Texas, United States, North America | www.nutrabolt.com |
| Quest Nutrition | View profile | 501-1000 | El Segundo, California, United States, North America | www.questnutrition.com |
Saudi Arabia Plant Based Protein Supplements Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Plant Based Protein Supplements Market Outlook will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 26.83% in 2023.
Horizon Databook has segmented the Saudi Arabia plant based protein supplements market based on soy, spirulina, pumkin seed, wheat, hemp, rice, pea covering the revenue growth of each sub-segment from 2017 to 2030.
- Saudi Arabia Plant Based Protein Supplements Market Raw Material Outlook (Revenue, USD Million , 2017-2030)
- Soy
- Spirulina
- Pumkin Seed
- Wheat
- Hemp
- Rice
- Pea
- Others
- Saudi Arabia Plant Based Protein Supplements Market Product Outlook (Revenue, USD Million , 2017-2030)
- Protein Powder
- Protein Bars
- RTD
- Others
- Saudi Arabia Plant Based Protein Supplements Market Application Outlook (Revenue, USD Million , 2017-2030)
- Sports Nutrition
- Functional Foods
- Saudi Arabia Plant Based Protein Supplements Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
- Supermarkets
- Online Stores
- DTC
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Plant Based Protein Supplements Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Plant Based Protein Supplements Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Plant Based Protein Supplements Market, 2017-2030 (US$M)
Saudi Arabia plant based protein supplements market statistics, by raw material, 2017-2030 (US$M)
