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The GCC weight loss market reached a value of US$ 3.77 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 9.50% during 2021-2026. 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.
Currently, overweight and obesity is one of the major health concerns being faced by the GCC region. The region has been experiencing rising levels of economic growth and sedentary lifestyles. Moreover, increasing levels of urbanization and westernization has led to the proliferation of a number of fast food chains, online food delivery options, convenience outlets, etc. making packaged foods, snacks and high sugar products readily available. This has resulted in obesity and overweight rates soaring in the region and leading to a population burdened with diabetes, cardiovascular and other lifestyle ailments.
Apart from the unhealthy diets, limited physical activity represents another major reason for the rising levels of obesity in the region. As a result of high average temperatures for most of the year, people living in the GCC region avoid outdoor physical activities such as sports, cycling, walking and running, etc. At the same time, long and hectic work routines push people to skip healthy meals and go for fast food and packaged meal options increasing their chances of becoming overweight.
While rising levels of obesity and overweight might sound alarm bells for the government and general population, it provides lucrative opportunities for companies providing weight loss solutions. Over the past few years, there has also been a surge in the number gyms and weight loss centers in the region. The market for meals and weight loss supplements is also witnessing a healthy growth. The number of weight loss surgeries in the region have also been experiencing double digit growth rates.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC weight loss market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on diet, equipment type, service, gender and age group.
Breakup by Diet:
Based on the diet, the market has been segmented as supplements, meals, and beverages. Currently, supplements dominate the market, holding the largest share.
Breakup by Equipment Type:
Based on the equipment type, fitness equipment represented the most popular equipment followed by surgical equipment.
Breakup by Service:
Based on services, fitness centers and health clubs represented the most popular weight loss service followed by consulting service, surgical clinics and online weight loss programs.
Breakup by Gender:
Based on gender, men dominated the overall market.
Breakup by Age Group:
Based on the age group, consumers between 31 to 60 years of age dominated the overall market followed by consumers between 15 to 30 years of age, consumers of age more than 60 years and consumers of age below 15 years.
Region-wise, the market has been segmented into Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman. Amongst these, Saudi Arabia is the leading market, accounting for the majority of the share.
Some of the key players in the market have also been examined.
This report provides a deep insight into the GCC weight loss market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC weight loss market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Diet, Equipment Type, Service, Gender, Age Group, Country|
|Countries Covered||Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, Oman|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 1999
Five User License $ 2999
Corporate License $ 3999
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in this Report:
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