GCC Weight Loss Market

GCC Weight Loss Market Overview:

The GCC weight loss market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Weight loss to a long-term process that includes adopting lifestyle modifications and numerous changes to maintain a healthy weight. It helps achieve an ideal weight as per an individual's overall body mass index (BMI). Most weight loss programs promote healthy eating habits and incorporate daily physical activities based on the person's height, gender, and age. Living a healthy lifestyle is necessary for maintaining one's health. Besides lowering the risks of cardiovascular disease, stroke, kidney disease, and hypertension, weight loss programs can also reduce the likelihood of developing a wide variety of cancers. They offer various other benefits, including lower blood pressure and levels of triglycerides, lesser risks of heart disease, enhanced mobility, reduced pain, better mood and sleep, higher self-esteem, and improved insulin resistance.

The market in GCC is primarily driven by the rising prevalence of numerous chronic diseases. In addition to this, the escalating cases of obesity due to the sedentary lifestyles led by the masses and the increasing number of weight loss surgeries are favoring the market. In line with this, the growing number of bariatric surgeries and the rapid adoption of online weight loss and management programs are positively influencing the market. Furthermore, various government initiatives for spreading awareness regarding weight management and the inflating disposable income of individuals across the GCC region are creating a positive outlook for the market. Moreover, the rising fitness consciousness among individuals and the changing food habits of individuals are providing a thrust to the market. Besides this, the widespread popularity of dietary supplements containing organic ingredients and minerals that help in boosting the metabolism rate and maintain a healthy lifestyle further propel the market. Other factors, including the introduction of low-calorie products and the augmenting popularity of functional beverages, are providing a boost to the market across the region.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC weight loss market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC weight loss market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC weight loss market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC weight loss market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC weight loss market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC weight loss  market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC weight loss market industry. Furthermore, the value chain analysis of the GCC weight loss market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Weight Loss Market Segment Insights:

The GCC weight loss market has been analysed as followed:

By Diet:

• Supplements
• Meals
• Beverages

By Equipment Type:

• Fitness Equipment
  • Cardio Vascular Equipment
  • Strength Training Equipment
  • Others
• Surgical Equipment
  • Minimally Invasive/ Bariatric Equipment
  • Non-Invasive Equipment

By Service:

• Fitness Centers and Health Clubs
• Consulting Service
• Surgical Clinics
• Online Weight Loss Programs
• Others

By Gender:

• Men
• Women

By 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

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

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

Highlights of the GCC Weight Loss Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC weight loss market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs