Europe Weight Loss Market 2024–2033

Reports Description

According to current market research conducted by the CMI Team, the global European weight Loss Market is expected to record a CAGR of 5.5% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 125.6 Billion. By 2033, the valuation is anticipated to reach USD 204 Billion.

Prevalence and Number of Adults with Overweight and Obesity in the European Region (2020-2035)

Source: According to the World Obesity Atlas

When analyzing the data regarding the European region, it is impossible not to mention that the problem of overweight and obesity is constantly escalating in the region from 2020 to 2035 and poses a great threat to population health.

According to the BMI of the people, seventy percent of the adult population, or 1,053.93 million, had a high BMI in 2020, meaning 256.85 million people were overweight and 191.08 million were obese. According to forecasts, the situation will continue to worsen. The overweight dynamics are somewhat different, amounting to 246.11 million by 2035. Obesity rates will increase to 263.15 million, and the total share of obesity and overweight will exceed 71%.

This growth indicates that everyone, including consumers and healthcare organizations, requires the most effective weight loss products to combat this ever-increasing obesity issue in the European weight Loss Market.

Europe Weight Loss Market– Significant Growth Factors

The Europe Weight Loss Market presents significant growth opportunities due to several factors:

• Increasing Consumer Demand for Health and Convenience: Consumers are now willing to pay for healthier products and seek easier ways to lose weight by using various products. This growing demand is forcing the European weight Loss Market to offer customized and convenient programs that most people today can follow easily. ‘ Convenience’ has thus contributed to market expansion from meal delivery services to wearable fitness trackers.

• Rising Awareness of Health Risks Associated with Obesity: As more people become aware of the health dangers associated with obesity, including heart disease, diabetes, and other related diseases, we find more people seeking fat loss solutions. Implementing the above concept has made many people concentrate more on their health and skin, hence demanding products that would enhance their healthy living, such as those that enhance long-term and lasting solutions for weight loss.

• Technological Advancements in Weight Loss Solutions: Consumer technology is at the forefront of the weight loss industry because technology-enabled applications, clothing, and assistance are being developed in the fitness and health niches to provide real-time information. These innovations make weight loss more efficient, fueling the demand for the market in Europe.

• Expansion of Holistic Wellness Programs: With the increasing reliance on more holistic approaches towards wellness, fitness and health, nutrition, and psychological health, modern weight loss programs generally encompass coaching, meal planning, and even behavioral therapy since obesity has both physical and psychological causes. Thus, with this trend, the demand will increase.

• Online and Application-Based Weight Loss Platforms: Digital health has ensured the growth of weight loss consumers who seek information and support through online and application products and services. Such applications offer the possibility of using an online coach, diet, and exercise, making users keep up with individual weight loss programs from home, thus stimulating the market.

• Consumer Comfort with Wearable Tech and Fitness Devices: The following sub-segments have influenced the growth of the weight loss market: the increasing use of smartwatches and fitness trackers. These devices track a patient’s physical activity, calorie intake, and fitness improvement and allow health management to mesh with the user’s lifestyle.

Europe Weight Loss Market– New Launches

New product launches have been witnessed in the Europe weight loss market over the past few years, wherein companies are trying to expand their market presence and avail the synergies to enhance their product offerings and profitability. Notable new product launches in the Europe weight loss market include:

• In September 2024, Novo Nordisk’s new obesity pill worked much better than its highly popular injectable, Wegovy. Compared with Wegovy, the new pill proved to be much more convenient and noninjectable, facilitating better patient weight loss.

• In August 2024, Eli Lilly recently released Zepbound, an altogether new and cheaper version of its obesity drug. This drug is likely to be one of the contenders in the burgeoning market for obesity treatments. The company is striving to make such treatments more affordable, primarily because of the demand for it lately due to effective weight loss.

• In November 2023, the FDA approved the Zepbound or Mounjaro competitor to Novo Nordisk’s Wegovy as an anti-obesity drug. Zepbound has been shown to contain significant weight loss for those looking for an alternative in the now oversaturated marketplace for obesity treatments.

These product launches helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Europe Weight Loss Market. The trend is expected to continue as companies seek a competitive edge.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Europe Weight Loss Market– Significant Threats

The Europe Weight Loss Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• Economic Downturns: An advanced economy or slowdown can strongly and negatively affect the European weight Loss Market. During such periods, spending on products for weight loss and related services will likely reduce since people spend more on other necessities. This can lead to market stagnation and reduced product development and advancement rates due to reduced investments and marketing.

• Intense Competition: The European weight Loss Market currently experiences a high level of competitive rivalry between well-established players in the health and wellness industry and emerging players with new solutions. Such competition influences price competition and hounds corporations into producing new products and improving their services. Companies require satisfying new expectations regarding attractiveness, slimming, fat-burning products and services, exercise or nutritional supplements, and weight loss programs and services to achieve or rise to a higher market position.

• Technological Obsolescence: The market dynamics of health and wellness technologies are such that new technological developments can often produce obsolescence out of what may have previously been a sufficient weight loss solution. The European Weight Loss Market demands that companies continuously invest in research and development to adapt to trends and provide consumers with new personalized health tracking, digital weight loss, and smart fitness devices.

• Supply Chain Disruptions: Magical supply chain interruptions, such as the inaccessibility of raw materials or global political instability, can shift product or ingredient scarcity in the weight loss sector. These disruptions may lead to increased costs, delayed launches of new products, or lack of availability of popular slenderization products, affecting total industry performance and customer satisfaction.

• Regulatory Changes and Compliance: The European weight Loss Market faces regulatory risks posed by state regulation of product marketing, including health claims, safety, and labeling regulations. Adherence to such rules can be expensive and cumbersome, and the inability to meet such requirements could lead to sanctions, product recalls, or eroding customer confidence. Business management must follow regulatory demands to compete in the market and guarantee customers the quality of the offered goods.

Category-Wise Insights

By Application:

• Dietary supplements: Consumers looking for quick, non-traditional diet solutions frequently use tonics, such as vitamins, fat burners, and appetite suppressants. These products are slowly becoming mainstream because of their convenience and the rising knowledge of possible weight loss benefits.

• Fitness Equipment: The other category comprises treadmills, ellipticals, and dumbbells. These devices have gained popularity post-pandemic as more people exercise at home. More specifically, this category will appeal to people interested in exercise that will condition their joints in addition to losing weight.

• Meal Replacements: Sweets, alcoholic beverages, and processed food products are also becoming popular as ready-to-use weight loss plans. These products interest consumers who are time-conscious and seek portion-controlled, nutritional foods instead of conventional meals.

• Weight Loss Programs: Cohort education and fad diets publicized as expertly planned dietary sessions and consultations retain a large client base. Distance learning and mobile applications have been popularized as various distinct programs fit all individuals’ demands on the internet.

By Product Type​

• Conventional Weight Loss Products: Copyrighted over-the-counter supplements and meal plans are also popular since they present time-tested methods of introducing change in the body. Some of these product categories consist of products that may be many and cheap to a larger group of people.

• Organic Weight Loss Products: Another factor is growing consumer concern with natural and organic ingredients in organic weight loss products. From plant-based meals to herbal supplements, these products target consumers contemplating natural forms of diet and health.

• Meal Plans & Services: Meal plans and regularly ordered meals are convenient for consumers regarding nutrition regulations. These services are usually coupled with calorie-restricted or nutritionally balanced meals, helping consumers easily achieve their weight loss goals.

By End User

• Adults: Since obesity, diabetes, and heart disease are becoming major concerns among people, the adult population is the major consumer of weight control products and services. This demographic wants proper weight loss solutions that are sustainable for working people.

• Teenagers: Teenagers today are more conscious about their health and fitness. While child obesity continues to be on the rise, there is a growing market for products intended for weight-conscious teenagers. Topics covered when doing Teen-oriented programs include eating healthy meals and exercising.

• Elderly: Elderly weight loss diets seek to enhance agility and general well-being, forgetting about age-related diseases like arthritis and diabetes. Indeed, individualized nutrition and exercise regimes suited for elderly people within this category are slowly emerging.

Report Scope

Competitive Landscape: Europe Weight Loss Market

The Europe Weight Loss Market is highly competitive, with a diverse range of specialized health companies, fitness providers, and nutrition brands operating globally. Some of the key players in the market include:

• Nestlé Health Science
• Herbalife Nutrition Ltd.
• Atkins Nutritionals Inc.
• Weight Watchers International Inc.
• Kellogg Company
• Slimming World
• Glanbia Performance Nutrition
• The Hut Group (THG)
• Jenny Craig Inc.
• Medifast Inc.
• Abbott Laboratories
• Danone S.A.
• L-Nutra Inc.
• GNC Holdings Inc.
• Nutrisystem Inc.
• Nature’s Sunshine Products Inc.
• Amway Europe
• VLCC Healthcare Ltd.
• Technogym S.p.A.
• Johnson Health Tech Co. Ltd.
• Others

Market players in the European weight Loss Market employ a combination of development tactics, including product development, collaborations and merges, and acquisitions, to increase their market share while meeting consumer demands.

These strategies are very important in the current global market, which is significantly determined by increasing health concerns that place a business at a very high risk when the market shifts from one trend to another due to new technologies.

Newcomers in the Europe Weight Loss Market are leveraging different strategies to stand out. They rely on innovation, for instance, smart gadgets to exercise or artificial intelligence to provide nutritionist-designed foods. Further, they operate in niche or growing markets, selling new products at relatively low-price levels.

There is a focus on the customer rather than the client’s needs, such as usability, non-interference of technology in people’s lives, and environmental friendliness for modern conscious customers. They also incur significant amounts on branding and marketing to create a market benchmark and gain recognition.

The Europe Weight Loss Market is segmented as follows:

By Application

• Dietary Supplements
• Fitness Equipment
• Meal Replacements
• Weight Loss Programs

By Product Type

• Conventional Weight Loss Products
• Organic Weight Loss Products
• Meal Plans & Services

By End User

• Adults
• Teenagers
• Elderly

Regional Coverage:

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe