The latest report by IMARC Group, titled “GCC Health and Wellness Market Report by Product Type (Functional Foods and Beverages, Beauty and Personal Care Products, Preventive and Personalized Medicinal Products, and Others), Functionality (Nutrition & Weight Management, Heart & Gut Health, Immunity, Bone Health, Skin Health, and Others), and Country 2024-2032,” finds that the GCC health and wellness market is expected to grow at a CAGR of 6.4% during 2024-2032. Health and wellness refer to the complete state of well-being of the body, mind, and soul of an individual. It generally focuses on maintaining different aspects of personal health, such as physical, emotional, spiritual, social, and intellectual. It is achieved by living a healthy lifestyle, working out, and avoiding or limiting the consumption of junk food and alcohol. Some of the most vital aspects of health and wellness are nutrition, fitness, personal care, weight management, and preventive medicines.
GCC Health and Wellness Market Trends:
The market is primarily driven by the growing prevalence of chronic diseases, such as diabetes, hypertension, asthma, arthritis, cancer, and other stress-related disorders, among the masses across the GCC countries. Nowadays, individuals are widely adopting various healthcare activities, including yoga, meditation and athletics, to stay healthy. Besides this, the rising number of rehabilitation and fitness centers, and the easy availability of organic and naturally sourced food products fortified with essential nutrients are also contributing to the market growth. In addition, the leading 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. As a result, consumers are widely using these wearables as they help sustain healthier lifestyles while eliminating the need for expensive medical procedures in the future. This, coupled with rapid urbanization, rising disposable incomes, and the increasing number of health-conscious consumers, are creating a favorable market outlook across the GCC region.
Market Summary:
- Based on the product type, the market has been segmented into functional foods and beverages, beauty and personal care products, preventive and personalized medicinal products, and others.
- On the basis of the functionality, the market has been classified into nutrition & weight management, heart & gut health, immunity, bone health, skin health, and others.
- On the geographical front, the market has been divided into Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, and Bahrain.
- The competitive landscape of the market has been examined in the report, along with the profiles of the key players operating in the industry.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Functionality, Country |
Countries Covered |
Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
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) |
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