Market Overview

The GCC Weight Loss Market is Projected to Reach $4.6 Billion by 2023 - ResearchAndMarkets.com

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The "GCC
Weight Loss Market: Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023"
report has been added to ResearchAndMarkets.com's
offering.

The GCC weight loss market reached a value of US$ 2.7 Billion in 2017.
Looking forward, the GCC weight loss market is expected to reach US$ 4.6
Billion by 2023, exhibiting a CAGR of 9.2% during 2018-2023.

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 urbanisation 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. Apart from the unhealthy diets, limited
physical activity represents another major reason for the rising levels
of obesity in the region.

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 of gyms and weight loss centres 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.

Based on
the diet, the market has been segmented as supplements, meals, and
beverages. Currently, supplements dominate the market, holding the
largest share.

Based on the equipment type, fitness equipment
represented the most popular equipment followed by surgical equipments.

Based
on services, fitness centers and health clubs represented the most
popular weightloss service followed by consulting service and slimming
centers, surgical clinics and online weight loss programs.

Based
on gender, men dominated the overall market.



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, Baharain and Oman. Amongst these, Saudi Arabia is the
leading market, accounting for the majority of the share.

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 GCC Weight Loss Market

6 Market Breakup by Diet

7 Market Breakup by Equipment

8 Market Breakup by Service

9 Market Breakup by Gender

10 Market Breakup by Age Group

11 Market Breakup by Region

12 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/k9bdvx/the_gcc_weight?w=4

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