Saudi Arabia Weight Loss Market

Saudi Arabia Weight Loss Market Overview:

The Saudi Arabia 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 refers to the reduction in the overall body weight to remain fit and maintain physical wellness. It is accomplished by consuming low-calorie diets, following fitness training programs, and enhancing mental health. It helps prevent the occurrence of weight-induced joint pains and reduces the discomfort of arthritis, osteoporosis, and cartilage inflammation. It enhances metabolism, which is necessary for repairing the body cells, generating energy to carry out daily tasks, and maintaining normal hormone levels. It also improves cardiovascular health by reducing the risk of heart attacks and stroke. Weight loss prevents thyroiditis, type 2 diabetes, and polycystic ovarian syndrome (PCOS). It also decreases the risk of various cancers, such as endometrial, kidney, liver, pancreatic, and intestinal. It lowers the cortisol levels in the body to improve the sleep cycle and reduce stress. It also boosts the immune system to fight against chronic infections and severe inflammation. As it reduces skin and hair problems, such as acne, dandruff, and seborrheic dermatitis, the adoption of weight loss is rising in Saudi Arabia.

At present, the increasing awareness about the harmful impacts of unhealthy dietary patterns and lifestyle habits among the masses represents one of the primary factors influencing the market positively in Saudi Arabia. Besides this, governing agencies in the country are undertaking initiatives to develop a healthy food strategy (HFS) for promoting active lifestyle practices and reducing the consumption of salt, sugar, and saturated and trans fatty acids. They are also focusing on banning the use of partially hydrogenated oils in food products for lowering the occurrence of obesity in the country. In addition, the rising adoption of various surgical methods to lose weight, such as liposuction, biliopancreatic diversion, and gastric bypass, is propelling the growth of the market in Saudi Arabia. Apart from this, the growing number of weight loss applications providing effective workout routines, diet charts, and advanced weight loss methods from doctors is offering a positive market outlook in the country. Additionally, the increasing availability of weight loss supplements is strengthening the growth of the market in Saudi Arabia.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the Saudi Arabia 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. 

The report analyses the competitive structure of the Saudi Arabia 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 Saudi Arabia weight loss market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the Saudi Arabia 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 Saudi Arabia weight loss market industry. Furthermore, the value chain analysis of the Saudi Arabia 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. 

Saudi Arabia Weight Loss Market Segment Insights:

The Saudi Arabia weight loss market has been analysed as followed:

By Diet:

• Supplements
• Meals
• Beverages

By Equipment:

• 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

Competative Landscape: 

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.

Highlights of the Saudi Arabia 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 Saudi Arabia 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