LAMEA Dietary Fiber Gummies Market Size, Share & Industry Trends Analysis Report By Flavor (Mixed Berry, Strawberry, Peach, Raspberry, and Others), By Application (Metabolic Health, and Others), By Country and Growth Forecast, 2023 - 2030
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Market Report Description
The Latin America, Middle East and Africa Dietary Fiber Gummies Market would witness market growth of 13.8% CAGR during the forecast period (2023-2030).
Dietary fiber gummies now exist in various formats, making them more user-friendly. While some manufacturers provide bigger bottles for storing at home, others offer single-serving packets that are easy to carry. To suit diverse tastes, several businesses also provide nutritional fiber gummies in various formats, such as gummy chews or powder blends. People may easily include dietary fiber gummies into their daily routine and achieve better health due to this increased convenience.
Food producers that want to appeal to health-conscious customers might benefit from fiber's perceived healthfulness among consumers. The rising prevalence of chronic ailments, including diabetes, obesity, and cardiovascular conditions, is another factor driving the demand for gummies. Increasing dietary fiber intake may lower the risk of acquiring these illnesses since they are often linked to poor nutritional practices.
Obesity affects a sizable proportion of the population in this region. The National Library of Medicine reports that the percentage of adolescents and young children who are obese in Gulf nations ranges from 3% to 18% for females and 5% to 14% for boys. In addition, 2% to 55% of adult females and 1% to 30% of adult males in the Gulf region are obese, while the prevalence rates range from 1% to 30%. In Kuwait, more than half of adults have diabetes linked to obesity, while 75% of Egyptians are overweight due to the country’s arid climate. Obesity is twice as common in the United Arab Emirates (UAE) than it is globally. Inadequate urban planning, cultural concerns (such as differing indoor and outdoor behavior standards), unhealthy eating patterns, and other factors have contributed to the Middle East and North Africa’s rising obesity rates. The market in the LAMEA region is predicted to grow.
The Brazil market dominated the LAMEA Dietary Fiber Gummies Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $182.9 million by 2030. The Argentina market is exhibiting a CAGR of 14.4% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 13.5% during (2023 - 2030).
Based on Flavor, the market is segmented into Mixed Berry, Strawberry, Peach, Raspberry, and Others. Based on Application, the market is segmented into Metabolic Health, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A, The Procter and Gamble Company, SmartyPants Vitamins (Unilever Plc), Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.) (Otsuka Holdings Co. Ltd), Church & Dwight Co., Inc., Swanson Health Products, Inc. (Swander Pace Capital), Better Nutritionals, LLC, Bellway, Inc. and Balance of Nature.
Scope of the Study
Market Segments Covered in the Report:
- Mixed Berry
- Metabolic Health
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Nestle S.A
- The Procter and Gamble Company
- SmartyPants Vitamins (Unilever Plc)
- Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.) (Otsuka Holdings Co. Ltd)
- Church & Dwight Co., Inc.
- Swanson Health Products, Inc. (Swander Pace Capital)
- Better Nutritionals, LLC
- Bellway, Inc.
- Balance of Nature
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