Market Overview:

The GCC health and wellness market is expected to exhibit a CAGR of 5.33% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Health and wellness refers to a state of complete physical, intellectual, emotional, environmental, social, and spiritual wellbeing of an individual. It can be achieved by incorporating regular exercising and meditation, balanced and nutritional diet, and adopting grooming practices and activities in daily routines.

GCC Health and Wellness Market Trends:

The growing prevalence of chronic diseases, along with the increasing focus on natural remedies for treating different illnesses, represents one of the key factors encouraging individuals across the GCC region to adopt active lifestyles, a balanced diet, and other aspects of health and wellness. In addition, key players in the region are introducing smart wearables, such as fitness watches, bands, and trackers, with increased battery life, multiple sport modes, and health tracking functionalities. These wearables are gaining immense traction as they help sustain healthier lifestyles while avoiding the need for expensive medical procedures and treatment in the future. Apart from this, the rising number of rehabilitation and fitness centers, along with the easy availability of organic and naturally sourced food products fortified with essential nutrients, is creating a positive outlook for the market across the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC health and wellness market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type and functionality.

Breakup by Product Type:

• Functional Foods and Beverages
• Beauty and Personal Care Products
• Preventive and Personalized Medicinal Products
• Others
   

Breakup by Functionality:

• Nutrition & Weight Management
• Heart & Gut Health
• Immunity
• Bone Health
• Skin Health
• Others
   

Breakup by Country:

• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the GCC health and wellness market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the GCC health and wellness market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the functionality?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the GCC health and wellness market and who are the key players?
• What is the degree of competition in the industry?