Saudi Arabia Weight Loss Market to Reach US$ 2.5 Billion by 2032, Initiatives by Ministry of Health Impelling Growth

February 12, 2019 | Retail

The latest report by IMARC Group, entitled “Saudi Arabia Weight Loss Market Report by Diet (Supplements, Meals, Beverages), Equipment (Fitness Equipment, Surgical Equipment), Service (Fitness Centers and Health Clubs, Consulting Service, Surgical Clinics, Online Weight Loss Programs, and Others), Gender (Men, Women), Age Group (Consumer Between 31 to 60 Years of Age, Consumer Between 15 to 30 Years, Consumers with Age More Than 60 Years, Consumers Below 15 Years) 2024-2032”, finds that the Saudi Arabia weight loss market reached a value of US$ 1.5 Billion in 2023. According to the Saudi Food and Nutrition Association, around 68% of the population in Saudi Arabia is currently obese or overweight. This can be attributed to the desert climate characterized by extreme heat during the day, owing to which Saudis prefer to stay indoors and participate less in physical activities like cycling, walking and running. As a result of the increasing obesity rates, the weight loss industry has gained traction in the region. It has also been supported by improvements in healthcare infrastructure along with growing awareness among people regarding health and fitness.

Saudi Arabia Weight Loss Market Trends:

As a result of the rising cases of non-communicable diseases associated with unhealthy weight gain, such as diabetes, hypertension and obesity, the Ministry of Health has issued Dietary Guidelines for Saudis. These guidelines aim at promoting citizens' awareness of what to eat, in terms of both the quality and quantity of food, as well as their daily proportions and requirements of nutrients. Along with this, the Saudi Health Insurance Council allotted a budget of around SAR 500 Million in 2018, which covers weight loss surgeries such as gastric bypass, liposuction and biliopancreatic diversion under the citizens’ standard insurance policy. On account of these factors, the market value is projected to reach US$ 2.5 Billion by 2032, expanding at a CAGR of 6% during 2024-2032.

Market Segmentation:

Based on diets, the market has been segmented into supplements, meals and beverages. Currently, supplements, such as protein shakes, capsules and tablets, dominate the weight loss market in Saudi Arabia.
On the basis of equipment, the market has been segregated into fitness equipment and surgical equipment. Fitness equipment covers vascular and strength training equipment. On the other hand, surgical equipment includes minimally invasive/bariatric equipment and non-invasive equipment.
Based on services, fitness centers and health clubs lead the Saudi Arabia weight loss market. Other major weight loss services include consulting services, surgical clinics, online weight loss programs and others.
The market has also been categorized based on gender into men and women. Presently, men dominate the market, accounting for the majority of the overall market share.
On the basis of age groups, consumers between the age group of 31 to 60 years account for the largest share.
The competitive landscape of the Saudi Arabia weight loss market has also been analyzed with the profiles of some of the leading players operating in the market.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Diets Covered	Supplements, Meals, Beverages
Equipments Covered	Fitness Equipment: Cardio Vascular Equipment, Strength Training Equipment, Others Surgical Equipment: Minimally Invasive/Bariatric Equipment, Non-Invasive Equipment
Services Covered	Fitness Centers and Health Clubs, Consulting Service, Surgical Clinics, Online Weight Loss Programs, Others
Genders Covered	Men, Women
Age Groups Covered	Consumer Between 31 to 60 Years of Age, Consumer Between 15 to 30 Years, Consumers with Age More Than 60 Years, Consumers Below 15 Years
Customization Scope	10% Free Customization
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Saudi Arabia Weight Loss Market to Reach US$ 2.5 Billion by 2032, Initiatives by Ministry of Health Impelling Growth

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