Europe Weight Loss and Diet Management Market is expected to reach USD 64.8 billion by 2021 from USD 44.2 billion in 2016, growing at a CAGR of 7.93%
Maintaining weight at a healthy level can be challenging for some people owing to complex genetic system of the body. Medical condition, lifestyle, and diet, among others are some of the factors that may contribute to weight gain in people.
However, obesity is preventable and changes in diet coupled with fitness/physical activities can help in cutting down extra fat. Severe obesity can be treated through weight loss surgery (Gastric Bypass Surgery and Laparoscopic Sleeve Gastrectomy).
The growth of Weight Loss & Diet Management market is majorly driven by factors such as increasing obese population, promotional strategies of companies, and affordable cost of surgeries. Furthermore, there are approximately 60 million people with diabetes in European region, according to World Health Organization.
Incidences of diabetes is increasing among all age group in European region, thereby fueling the demand for the product. The key restraints of the market are misleading promotional strategies, adverse effects of low-calorie diet, and side-effects of weight-loss surgery (dizziness, nausea, bowel obstruction, and diarrhea).
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Europe Weight Loss & Diet Management Market is segmented on the basis of Diet, Equipment, and Services. Based on Diet, the market is classified into Food & Beverages (Organic Food, Low-Calorie Sweeteners, Low-Calorie Beverages & Diet Soft Drinks, Herbal Tea & Green Tea, and Others), Diet Supplements (Proteins & Fibers, Conjugated Linoleic Acid, and Others).
On the basis of Equipment, the market is classified into Fitness Training Equipment (Treadmills, Benches and Racks, Fitness Monitoring Equipment, Accessories, and Others) and Surgical Equipment. Surgical equipment is further classified into Minimally Invasive/Bariatric Surgical Equipment (Gastric Bypass Surgery and Laparoscopic Sleeve Gastrectomy) and Non-Invasive Surgical Equipment (Intragastric Balloon Systems, Endoscopic Suturing Equipment, and Others).
On the basis of services, the market is classified into Fitness Centers and Consulting Services.
The European market is geographically segmented into United Kingdom, Spain, Germany, Italy, and France.
The major companies dominating Europe Weight Loss & Diet Management Market are Kellogg Company (U.S.), Atkins Nutritionals, Inc. (U.S.), Herbalife Ltd. (U.S.), NutriSystem, Inc. (U.S.), Johnson Health Technology Co., Ltd. (Taiwan), Ethicon, Inc. (U.S.), Weight Watchers International, Inc. (U.S.), VLCC Healthcare Ltd. (India), eDiets.com (U.S.), Olympus Corporation (Japan).
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